37 Mericourt Road — Rental Market Data

37 Mericourt Road features 3 active listings as of August 31, 2026, offering asking rents ranging from $1,695 to $2,000 per month, an average rent of $1,865 per month, and a median rent of $1,900 per month. Active suites average 587 square feet with an asking rate of $3.19 per square foot. The 1-Bedroom tier dominates active inventory with a 66.7% share, indicating that current availability leans toward compact entry-level suites rather than multi-bedroom executive layouts.

The 1-Bedroom layout represents the dominant active layout at 37 Mericourt Road, accounting for 2 listings and a 66.7% inventory share. This tier averages $1,798 per month across 555 square feet at an asking rate of $3.24 per square foot. Meanwhile, the single available 2-Bedroom layout comprises the remaining 33.3% share, averaging $2,000 per month across 650 square feet at an asking rate of $3.08 per square foot.

37 Mericourt Road displays a minimum entry rent of $1,695 per month and a peak asking rent of $2,000 per month, creating a dollar spread of $305 per month or an 18% variance. Median asking rent sits at $1,900 per month. The entry-level option consists of a 1-Bedroom suite spanning 560 square feet at an asking rate of $3.03 per square foot, whereas the peak suite features a 2-Bedroom layout spanning 650 square feet at an asking rate of $3.08 per square foot.

Active den premium data is unavailable at 37 Mericourt Road, as den square footage deltas and marginal costs are not quantified in current listings. Active parking premium data cannot be reliably isolated due to an insufficient sample or anomalous outlier status. Consequently, parking stall costs cannot be accurately determined from current availability.

37 Mericourt Road commands an average asking rent of $1,865 per month at $3.19 per square foot, sitting below the wider Central Hamilton submarket asking benchmark of $2,026 per month while exceeding it by 8.5% on a rate per square foot basis. This nominal rent variance stems from more compact suite sizing rather than inflated unit pricing. The building accounts for 3 active listings within the broader submarket inventory pool of 197 active properties.

37 Mericourt Road records an active average asking rent of $1,865 per month, which sits below the overall micro-market comp average of $2,438 per month across key benchmarks like 57 Mericourt Road and the Forest Glen properties. Specifically, 57 Mericourt Road (located at 57 Mericourt Road) reports an average lease rent of $1,800 per month at $2.40 per square foot across an average size of 750 square feet. Valley Park (located at 1770 Main St W) has no closed leases reported in the past 180 days. Forest Glen III (located at 1968 Main St W) reports an average lease rent of $2,663 per month at $2.43 per square foot across an average of 1,096 square feet. Finally, Forest Glen II (located at 1966 Main St W) reports an average lease rent of $2,850 per month at $2.59 per square foot across an average of 1,100 square feet.

37 Mericourt Road establishes its value proposition by offering an average asking rate of $3.19 per square foot across compact 587-square-foot layouts, positioning it above the broader submarket average of $2.94 per square foot for asking rates. Renters here evaluate trade-offs between smaller, more manageable floor plans with modern pricing versus larger, older footprints found at nearby competitors like Forest Glen II and Forest Glen III, where suites average 1,100 square feet and 1,096 square feet respectively, but lease at lower rates of $2.59 per square foot and $2.43 per square foot. While tenants absorb a higher cost per square foot at 37 Mericourt Road, they benefit from lower overall monthly financial commitments and reduced utility burdens compared to the sprawling multi-room layouts of 1970s-era high-rises.

Residents at 37 Mericourt Road enjoy a streamlined lifestyle and amenity profile anchored by essential on-site conveniences, contrasting with the extensive recreational offerings found at neighboring properties. The building features signature amenities including Concierge & Security and a Shared Laundry Room, providing core daily utilities. When compared to nearby peers, 37 Mericourt Road lacks the sprawling recreational facilities found at Forest Glen II and Forest Glen III—such as Indoor Pools, Sauna & Steam Rooms, Gym & Fitness Centres, Tennis & Pickleball Courts, and Games & Billiards Rooms—as well as the Garden & Courtyard, BBQ Areas, and Dining Rooms featured at Valley Park (1770 Main St W). Consequently, 37 Mericourt Road best serves cost-conscious renters and students who prioritize a central location and streamlined building services over extensive recreational facilities.