The Uptown Residences — Rental Market Data

The Uptown Residences at 35 Balmuto Street has five active rental listings as of August 31, 2026, spanning a price range of $3,450 to $9,000 per month with an average asking rent of $5,070 and a median of $3,600. The mean suite size across active inventory is 778 square feet at an asking rate of $5.69 per square foot. The two-bedroom layout dominates at 60 percent of active units, while the two-bedroom-plus-den configuration accounts for the remaining 40 percent, meaning current inventory skews toward mid-size family and professional layouts rather than compact entry-level studios or one-bedrooms.

The dominant active layout at The Uptown Residences is the two-bedroom, with three listings representing 60 percent of available inventory at an average asking rent of $3,517 per month across 850 square feet and a rate of $4.14 per square foot. The two-bedroom-plus-den tier holds two units at 40 percent share, averaging $7,400 per month over 560 square feet at $10.36 per square foot. Both tiers represent small selections rather than single transactions, and no studio or one-bedroom units are currently listed.

The Uptown Residences shows an active asking spread of $5,550 per month, or 160.9 percent, between the entry-level two-bedroom at $3,450 and the peak two-bedroom-plus-den at $9,000. The median asking rent sits at $3,600 per month, anchoring the lower half of the range. The entry-level suite is a two-bedroom at 850 square feet priced at $4.06 per square foot, while the peak listing is a two-bedroom-plus-den configuration whose exact square footage and per-square-foot rate are not recorded in the current dataset.

Active den premiums at The Uptown Residences cannot be reliably quantified, as the paired sample of den versus non-den units is insufficient to isolate a marginal cost per square foot for the additional space. Active parking stall premiums are likewise inconclusive due to anomalous outliers in the available data, so no specific monthly parking figure can be quoted for current listings. Historical lease data does confirm a verified parking add-on of $263 per month, which serves as a reasonable reference point for renters budgeting for a parking spot.

The Uptown Residences asks an average of $5,070 per month at $5.69 per square foot, compared to the Bloor-Yorkville submarket asking benchmark of $4,743 per month at $5.83 per square foot. On a per-square-foot basis, the building trades 2.4 percent below the submarket asking rate, meaning the nominal rent premium is driven by suite configuration rather than a higher area rate. The building's five active listings represent 5 percent of the 100 total available units tracked across the Bloor-Yorkville submarket, positioning it as a small but present share of the neighbourhood's current rental supply.

The Uptown Residences averages $3,274 per month in realized lease rent, sitting $24 below the four-comp benchmark of $3,298 and roughly in line with its immediate Bloor-Yorkville peers. Crystal Blu at 21 Balmuto St (0.03 km, 13 closed leases) averages $3,872 per month at $4.34 per square foot on 981 square feet, placing the subject $598 lower in nominal rent. South District Condos at 681 Yonge Street (0.14 km, 15 closed leases) averages $2,098 per month at $3.04 per square foot on 710 square feet, meaning the subject commands $1,176 more per month. One Bloor at 1 Bloor St E (0.14 km, 81 closed leases) averages $3,409 per month at $4.38 per square foot on 789 square feet, with the subject trading $135 lower. 1166 Bay at 1166 Bay St (0.16 km, 6 closed leases) averages $3,812 per month at $3.62 per square foot on 1,094 square feet, placing the subject $538 lower in monthly rent.

The Uptown Residences leases at $4.01 per square foot on 824 average square feet, positioning it at a premium over South District Condos and 1166 Bay while trading at a discount to Crystal Blu and One Bloor in this Bloor-Yorkville pocket. Against Crystal Blu, the subject offers a $0.33 per square foot (7.6%) discount and provides 157 fewer interior square feet, so the lower nominal rent of $598 reflects both a smaller footprint and a more competitive per-square-foot rate. Versus South District Condos, the subject commands a $0.97 per square foot (31.9%) premium and delivers 114 more interior square feet, meaning the $1,176 higher monthly rent is driven by both a larger suite and a materially higher rate per unit of space. One Bloor presents the closest rate comparison: the subject trades at a $0.37 per square foot (8.4%) discount while providing 35 more interior square feet, so tenants gain additional living area at a lower per-square-foot cost for only $135 less in monthly rent. Against 1166 Bay, the subject commands a $0.39 per square foot (10.8%) premium but provides 270 fewer interior square feet, meaning the $538 lower nominal rent is entirely a function of the smaller suite footprint rather than a cheaper rate.

The Uptown Residences offers a 13-feature lifestyle package that includes a golf simulator, piano lounge, sauna and steam room, outdoor pool, and dedicated meeting room, distinguishing it from several nearby peers while lacking the rooftop terraces and indoor pools found at competing addresses. Crystal Blu (21 Balmuto St) shares the outdoor pool, gym, yoga studio, and media room but adds a rooftop terrace that the subject does not offer; in return, the subject's golf simulator, piano lounge, and sauna/steam room are absent from Crystal Blu's amenity list. South District Condos (681 Yonge Street) emphasizes outdoor recreation with a rooftop terrace, BBQ area, lawn games court, and library, none of which appear at the subject, while the subject counters with its indoor golf simulator, media/theatre room, and dedicated meeting space. One Bloor (1 Bloor St E) differentiates with an indoor pool, hot tub/jacuzzi, spa treatment rooms, and rooftop terrace—features the subject lacks—yet the subject's golf simulator, piano lounge, and dining room/kitchen combination are not replicated there. 1166 Bay (1166 Bay St) leans on valet parking, EV charging, a car wash bay, and an indoor pool, none of which the subject provides, but the subject's yoga studio, outdoor pool, games/billiards room, and meeting room fill gaps in that older building's offering. This amenity mix—blending active recreation (outdoor pool, gym, golf simulator), wellness (sauna, yoga), and social/creative spaces (piano lounge, media room, dining kitchen)—best serves young professionals and small households in the 28-to-45 range who prioritize a full-service urban lifestyle with indoor and outdoor programming over parking-centric or rooftop-terrace-heavy alternatives.