Central Condos — Rental Market Data

At Central Condos, 6 active listings are available as of August 31, 2026, spanning a price range of $1,650 per month to $3,250 per month, an average asking rent of $2,657 per month, and a median asking rent of $2,770 per month. Active suites average 650 square feet with an average asking rate of $4.09 per square foot. Two-bedroom configurations dominate the active inventory with a 66.7 percent share, indicating that current availability leans heavily toward multi-bedroom layouts rather than compact entry-level suites.

The dominant active layout at Central Condos is the 2-bedroom tier, accounting for 4 active listings and a 66.7 percent share of the available inventory. The 2-bedroom units average $2,923 per month with a median of $2,845 per month across an average of 650 square feet at $4.50 per square foot. In comparison, the single 1-bedroom listing represents a 16.7 percent share at $1,650 per month across 650 square feet for $2.54 per square foot, while the single 1-bedroom plus den listing also holds a 16.7 percent share at $2,600 per month across 650 square feet for $4.00 per square foot.

Central Condos lists a minimum entry rent of $1,650 per month and a peak asking rent of $3,250 per month, generating a dollar spread of $1,600 per month and a percentage spread of 97 percent. The median asking rent across the building sits at $2,770 per month. The entry-level option consists of a 1-bedroom suite spanning 650 square feet at an asking rate of $2.54 per square foot, whereas the peak suite features a 2-bedroom layout spanning 650 square feet at an asking rate of $5.00 per square foot.

Central Condos features an active den premium of $950 per month for an interior square footage delta of 0 square feet. The marginal cost per square foot for the extra den space cannot be quantified as the square footage delta is zero. Furthermore, active parking premiums cannot be reliably isolated due to an insufficient sample of paired listings.

Central Condos asks an average of $2,657 per month at $4.09 per square foot, which compares to the broader submarket average asking rent of $3,542 per month and an asking rate of $5.53 per square foot. The lower nominal asking rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 26 percent below the submarket asking benchmark while representing 3.9 percent of total submarket inventory.

Central Condos achieves an average lease rent of $3,160 per month, trading higher than the overall micro-market comp average of $2,647 per month alongside key nearby benchmarks such as The Bond and Peter Street Condos. Individual comparative performance shows The Bond at 290 Adelaide St W recording an average lease rent of $2,486 per month at $4.75 per square foot across an average of 534 square feet. Encore at Theatre District at 28 Widmer St logs an average lease rent of $2,964 per month at $4.29 per square foot across 710 square feet. Peter Street Condos at 101 Peter St averages $2,395 per month at $4.56 per square foot across 541 square feet, while Cinema Tower at 21 Widmer St commands $2,744 per month at $4.34 per square foot across 636 square feet.

Central Condos achieves an average leased rate of $4.57 per square foot across an average suite size of 704 square feet, aligning closely with the submarket average lease rate of $4.52 per square foot. Renters evaluating Central Condos against older or more compact alternatives trade off building age and floor plan scale: units at The Bond average 534 square feet at $4.75 per square foot, while Peter Street Condos averages 541 square feet at $4.56 per square foot. Central Condos provides more interior square footage than these older peers while maintaining a competitive rate per square foot relative to the wider Entertainment District submarket.

Central Condos delivers a comprehensive lifestyle and amenity profile featuring concierge and security, EV charging stations, car wash bay, gym and fitness centre, yoga studio, indoor pool, outdoor pool, hot tub and jacuzzi, golf simulator, party and lounge room, meeting room, business centre, media and theatre room, games and billiards room, dining room and kitchen, BBQ area, rooftop terrace, refrigerated parcel storage, building-wide WiFi, bocce field, and an outdoor fire pit. When compared against peers, The Bond offers an outdoor pool, yoga studio, and golf simulator but lacks the extensive wellness infrastructure found at the subject building. Cinema Tower incorporates a basketball court and car share program rather than multi-pool configurations, while Peter Street Condos provides a rooftop terrace and massage room without a simulator or EV charging facilities. Encore at Theatre District matches contemporary standards by including a pet wash station and tanning deck alongside its dual pools and fitness centre. This robust package serves urban professionals and wellness-focused renters seeking full-scale recreational facilities on-site.