Spire — Rental Market Data

Spire maintains 3 active listings as of August 31, 2026, offering a price range of $4,500 to $6,500 per month with an average rent of $5,667 per month and a median rent of $6,000 per month. Active inventory features an average square footage of 711 square feet and an asking rate of $8.45 per square foot. The dominant active layout accounts for 33.3% of current availability, with inventory distributed across multi-bedroom configurations rather than compact entry-level studio spaces.

The dominant active layout at Spire is the 2-Bedroom configuration, representing 1 listing and a 33.3% inventory share. Available options also include a 2-Bedroom + Den tier accounting for 1 listing (33.3% share) with an average rent of $6,500 per month across an average of 559 square feet at $11.63 per square foot. Additionally, a 3-Bedroom+ tier comprises 1 listing (33.3% share) averaging $6,000 per month across 702 square feet at $8.55 per square foot, while the 2-Bedroom single listing averages $4,500 per month across 872 square feet at $5.16 per square foot.

Spire exhibits a minimum entry rent of $4,500 per month and a peak asking rent of $6,500 per month, creating a dollar spread of $2,000 and a percentage spread of 44.4%. Median asking rent stands at $6,000 per month across current active inventory. The entry-level suite consists of a 2-Bedroom layout offering 872 square feet at an asking rate of $5.16 per square foot, whereas the peak suite features a 2-Bedroom + Den layout spanning 559 square feet at an asking rate of $11.63 per square foot.

Spire currently lacks sufficient paired data to isolate active den premiums or square footage deltas. Active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient sample, meaning parking fees or luxury positioning cannot be quantified from current listings.

Spire asks an average rent of $5,667 per month at $8.45 per square foot, comparing to submarket benchmarks averaging $3,471 per month at $4.56 per square foot. The higher nominal monthly rent is driven by larger multi-bedroom layouts and premium suite pricing, reflected in a rate of 85.3% above the submarket asking percentage per square foot. The building represents a nominal share of the 224 total active listings across the Downtown Core submarket.

Spire achieves an average lease rent of $3,405 per month, positioning it against an overall comparable micro-market average of $3,075 per month across key benchmarks like Indigo and The Saint. Individual competitor performance highlights active variations in the immediate vicinity: Indigo (50 Lombard St) reports an average lease rent of $3,400 per month at $3.58 per square foot across an average of 950 square feet, while the newer construction benchmark The Saint (89 Church Street) leases at an average of $2,749 per month at $4.17 per square foot across 679 square feet. Meanwhile, older historical alternatives like The Bentley (55 Lombard St) and The Absolute Lofts (77 Lombard St) currently report no active lease metrics in the trailing dataset.

Spire establishes its value proposition by offering an average leased rate of $4.15 per square foot across an average of 814 square feet, aligning closely with the submarket average while delivering competitive pricing against brand-new alternatives. Renters evaluating Spire against newer completions like The Saint—which leases at $4.17 per square foot across 679 square feet—benefit from larger interior layouts and more generous room dimensions without paying a severe square footage penalty. Conversely, when compared against vintage properties like Indigo at 50 Lombard St, which leases at $3.58 per square foot across 950 square feet, Spire trades at a $0.57 per square foot (15.9%) premium that reflects its mid-2000s construction quality, more central indexing, and modern floor plan efficiency.

Spire delivers an established, comprehensive lifestyle and amenity profile that competes effectively with neighbouring residential buildings in the Downtown Core. Signature amenities at Spire include a 24-hour Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, a Sauna & Steam Room, and an expansive Rooftop Terrace with a BBQ Area. When compared against micro-market peers, Spire matches or exceeds traditional offerings found at Indigo (which features a Hot Tub & Jacuzzi, Media & Theatre Room, and Library & Reading Room) while outfitting residents with modern wellness spaces that rival the extensive spa and yoga facilities found at newer builds like The Saint. This amenity ecosystem particularly serves urban professionals and couples seeking a balanced mix of fitness infrastructure and outdoor social spaces in a central downtown location.