Gooderham Condominiums — Rental Market Data

Gooderham Condominiums features 2 active listings as of August 31, 2026, with an asking price range spanning from $2,600 to $3,400 per month and an average and median asking rent of $3,000 per month. Active suites average 700 square feet with an average asking rate of $4.36 per square foot. The 1-Bedroom plus den layout accounts for 50.0% of the active inventory, indicating that current listings are evenly split between compact entry-level configurations and larger multi-bedroom executive layouts.

The 1-Bedroom plus den configuration is the dominant active layout at Gooderham Condominiums, accounting for 1 active listing and a 50.0% share of current inventory. The 1-Bedroom plus den tier features an average rent of $2,600 per month across 550 square feet at an asking rate of $4.73 per square foot. The remaining active inventory consists of a 2-Bedroom tier representing 50.0% of available stock, averaging $3,400 per month across 850 square feet at an asking rate of $4.00 per square foot.

Gooderham Condominiums carries a minimum entry rent of $2,600 per month and a peak asking rent of $3,400 per month, creating a dollar spread of $800 per month and a percentage spread of 30.8%. The median asking rent sits at $3,000 per month. The entry-level option consists of a 1-Bedroom plus den suite offering 550 square feet at an asking rate of $4.73 per square foot, while the peak tier comprises a 2-Bedroom suite offering 850 square feet at an asking rate of $4.00 per square foot.

Gooderham Condominiums has unquantified den data for active listings, as den square footage deltas and marginal pricing cannot be isolated from current inventory. Active parking premium data is currently unreliable due to an insufficient sample of paired listings, preventing any definitive calculation of monthly stall fees.

Gooderham Condominiums asks an average of $3,000 per month at $4.36 per square foot, which trades below the broader East Bayfront submarket asking benchmark of $3,234 per month at $4.65 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, with the building's asking rate per square foot sitting 6.2% below the submarket average while accounting for 2.9% of submarket active inventory.

Gooderham Condominiums leases at an average monthly rent of $2,718 per month, trailing the overall comparable micro-market average of $3,482 per month across specific nearby competitor benchmarks. Clear Spirit at the Distillery at 70 Distillery Lane reports an average lease rent of $3,147 per month at $4.65 per square foot across 720 square feet with 13 active listings. 80 Mill at 80 Mill St records an average lease rent of $3,298 per month at $3.82 per square foot across 875 square feet with 2 active listings. St. Lawrence Cooperative at 70 Mill St achieves an average lease rent of $4,000 per month at $3.64 per square foot across 1,100 square feet with 1 active listing. Cherry House at Canary Landing at 432 Cherry Street is a newly completed 2025 property with 0 active listings and currently unrecorded average lease metrics.

Gooderham Condominiums establishes its value proposition by delivering a realized lease rate of $4.19 per square foot across an average suite size of 660 square feet, balancing modern mid-generation efficiency against older, larger footprints in the submarket. Renters trade compact layout sizing for a competitive rate per square foot when compared against St. Lawrence Cooperative at 70 Mill St, where units average 1,100 square feet and lease at $3.64 per square foot, giving the subject a higher rate per square foot. Against 80 Mill at 80 Mill St, featuring 875-square-foot units at $3.82 per square foot, the subject trades at a $0.37 per square foot (9.7%) premium of $4.19 per square foot due to its newer 2014 completion. Conversely, the subject trades at a $0.46 per square foot (9.9%) discount compared to Clear Spirit at the Distillery at 70 Distillery Lane, which commands $4.65 per square foot across 720 square feet.

Gooderham Condominiums provides a robust lifestyle and amenity package that successfully competes with modern master-planned developments in the East Bayfront micro-market. The building features an outdoor pool, a gym and fitness centre, a yoga studio, a rooftop terrace, and a sauna and steam room. When contrasted with Clear Spirit at the Distillery, which offers specialized facilities like a spin studio and a library, Gooderham matches its aquatic and fitness offerings while maintaining a comprehensive wellness environment. Similarly, compared to 80 Mill's basic selection of a gym and party room, the subject delivers a much wider array of active and social spaces, including dedicated media and games rooms. These offerings cater exceptionally well to young professionals and couples seeking comprehensive on-site wellness and entertainment amenities without paying top-tier new-construction premiums.