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Market Data as of August 31, 2026

King George School Lofts — Rental Market Data

400 Park Ave, Newmarket, Ontario L3Y 1V8
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
1
$1,995
2-Bedroom
1
$4,500

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2021
Total Suites11
DeveloperThe Rose Corporation

King George School Lofts at 400 Park Ave in Newmarket is an established residential building completed in 2021 by developer The Rose Corporation, comprising 11 total suites with 2 active listings representing an availability rate of 18.2 percent and an average days on market of 114 days. The building currently has 0 closed lease transactions recorded over the past 90 days with an average days on market of 0 days, alongside 0 closed leases over the past 30 days with an average days on market of 0 days.

Current active asking rents average $3,248 per month at $4.46 per square foot across an average footprint of 700 square feet, which positions asking rates 11.8 percent above the local submarket asking benchmark of $3.99 per square foot. These active units average 700 square feet, whereas historical lease comparisons are unavailable due to zero recorded lease transactions.

Prospective renters should note that active inventory spans a broad range from a 1-bedroom suite at $1,995 per month to a 2-bedroom unit at $4,500 per month, providing a deep selection across diverse price tiers while marketing friction averages 114 days on market.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at King George School Lofts as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
0
Avg Asking Rent$3,248
$0
Avg Suite Size700 sf
0 sf
Avg Days on Market114d
+31d (37.6%)
Avg Asking $/SF$4.46
$0.00

Active Market Insights & Questions

How has rental availability changed at King George School Lofts recently?

King George School Lofts features 2 active listings as of August 31, 2026, spanning a price range of $1,995 to $4,500 per month with an average and median asking rent of $3,248 per month. Units average 700 square feet with an asking rate of $4.46 per square foot, split evenly between 1-bedroom and 2-bedroom executive layouts.

What floor plans and unit layouts are currently available at King George School Lofts?

The dominant active layout is the 1-Bedroom, accounting for 1 listing and an inventory share of 50 percent. The 1-Bedroom tier averages $1,995 per month across 550 square feet at an asking rate of $3.63 per square foot. The remaining inventory consists of 1 2-Bedroom unit, representing a 50 percent share with an average asking rent of $4,500 per month across 850 square feet at $5.29 per square foot.

What is the average asking rent and $/SF by suite size at King George School Lofts?

King George School Lofts exhibits a minimum entry rent of $1,995 per month and a peak asking rent of $4,500 per month, creating a dollar spread of $2,505 and a percentage spread of 125.6 percent. The median asking rent sits at $3,248 per month, with the entry-level tier anchored by a 1-Bedroom suite spanning 550 square feet at $3.63 per square foot compared to the peak tier led by a 2-Bedroom suite spanning 850 square feet at $5.29 per square foot.

How much extra do parking spaces and dens cost at King George School Lofts?

Active den premium data for King George School Lofts cannot be quantified as current inventory lacks den-specific configurations or distinct square footage deltas. Active parking premiums cannot be reliably isolated from current listings due to an insufficient paired sample. Prospective tenants should verify stall availability directly with property management.

How do asking rents at King George School Lofts compare to local and municipal benchmarks?

King George School Lofts asks an average of $3,248 per month at $4.46 per square foot, comparing to the Newmarket submarket asking benchmark of $3,121 per month at $3.99 per square foot. The building commands a 11.8 percent premium in asking rate per square foot over the submarket while representing 28.6 percent of active submarket inventory across its 2 available listings.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27145008505.2927
2026-04-28145008505.2928
2026-04-29145008505.2929
2026-04-30145008505.2930
2026-05-01145008505.2931
2026-05-02145008505.2932
2026-05-03145008505.2933
2026-05-04145008505.2934
2026-05-05145008505.2935
2026-05-06145008505.2936
2026-05-07145008505.2937
2026-05-08145008505.2938
2026-05-09145008505.2939
2026-05-10145008505.2940
2026-05-11145008505.2941
2026-05-12145008505.2942
2026-05-13145008505.2943
2026-05-14145008505.2944
2026-05-15145008505.2945
2026-05-16145008505.2946
2026-05-17145008505.2947
2026-05-18145008505.2948
2026-05-19145008505.2949
2026-05-20145008505.2950
2026-05-21145008505.2951
2026-05-22145008505.2952
2026-05-23145008505.2953
2026-05-24145008505.2954
2026-05-25145008505.2955
2026-05-26145008505.2956
2026-05-27145008505.2957
2026-05-28145008505.2958
2026-05-29145008505.2959
2026-05-30145008505.2960
2026-05-31145008505.2961
2026-06-01145008505.2962
2026-06-02145008505.2963
2026-06-03145008505.2964
2026-06-04145008505.2965
2026-06-05145008505.2966
2026-06-06145008505.2967
2026-06-07145008505.2968
2026-06-08145008505.2969
2026-06-09145008505.2970
2026-06-10145008505.2971
2026-06-11145008505.2972
2026-06-12145008505.2973
2026-06-13145008505.2974
2026-06-14145008505.2975
2026-06-15145008505.2976
2026-06-16145008505.2977
2026-06-17145008505.2978
2026-06-18232487004.4640
2026-06-19232487004.4641
2026-06-20232487004.4642
2026-06-21232487004.4643
2026-06-22232487004.4644
2026-06-23232487004.4645
2026-06-24232487004.4646
2026-06-25232487004.4647
2026-06-26232487004.4648
2026-06-27232487004.4649
2026-06-28232487004.4650
2026-06-29232487004.4651
2026-06-30232487004.4652
2026-07-01232487004.4653
2026-07-02232487004.4654
2026-07-03232487004.4655
2026-07-04232487004.4656
2026-07-05232487004.4657
2026-07-06232487004.4658
2026-07-07232487004.4659
2026-07-08232487004.4660
2026-07-09232487004.4661
2026-07-10232487004.4662
2026-07-11232487004.4663
2026-07-12232487004.4664
2026-07-13232487004.4665
2026-07-14232487004.4666
2026-07-15232487004.4667
2026-07-16232487004.4668
2026-07-17232487004.4669
2026-07-18232487004.4670
2026-07-19232487004.4671
2026-07-20232487004.4672
2026-07-21232487004.4673
2026-07-22232487004.4674
2026-07-23232487004.4675
2026-07-24232487004.4676
2026-07-25232487004.4677
2026-07-26232487004.4678
2026-07-27232487004.4679
2026-07-28232487004.4680
2026-07-29232487004.4681
2026-07-30232487004.4682
2026-07-31232487004.4683
2026-08-01232487004.4684
2026-08-02232487004.4685
2026-08-03232487004.4686
2026-08-04232487004.4687
2026-08-05232487004.4688
2026-08-06232487004.4689
2026-08-07232487004.4690
2026-08-08232487004.4691
2026-08-09232487004.4692
2026-08-10232487004.4693
2026-08-11232487004.4694
2026-08-12232487004.4695
2026-08-13232487004.4696
2026-08-14232487004.4697
2026-08-15232487004.4698
2026-08-16232487004.4699
2026-08-17232487004.46100
2026-08-18232487004.46101
2026-08-19232487004.46102
2026-08-20232487004.46103
2026-08-21232487004.46104
2026-08-22232487004.46105
2026-08-23232487004.46106
2026-08-24232487004.46107
2026-08-25232487004.46108
2026-08-26232487004.46109
2026-08-27232487004.46110
2026-08-28232487004.46111
2026-08-29232487004.46112
2026-08-30232487004.46113
2026-08-31232487004.46114

12-Month Market Dynamics & Trend Trajectory

King George School Lofts at 400 Park Ave in Newmarket is an established 11-suite residential development by The Rose Corporation completed in 2021, featuring a lifetime volume of 0 closed leases, an average rent of $0 per month, an average rate of $0.00 per square foot, an average size of 0 square feet, and a lifetime days on market of 0 days. The property currently exhibits zero historical lease transactions on record, reflecting stabilized operations with no recorded tenant turnover in the available dataset. Landlord pricing discipline and negotiation history remain unavailable due to the complete absence of historical closed lease records. Active leasing operations show 2 active listings asking an average of $3,248 per month across a 700 square foot average floor plan.

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Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

King George School Lofts at 400 Park Ave is evaluated against a direct competitive set of four nearby buildings spanning significant generational differences in Newmarket. The immediate micro-market includes Specialty Lofts at 543 Timothy St, located 0.51 km away and completed in 2005 with 0 active listings; The Atwood II at 270 Davis Dr, situated 0.71 km away and completed in 1993 with 1 closed lease; The Atwood I at 250 Davis Dr, positioned 0.75 km away and completed in 1988 with 0 active listings; and Grandview Condominiums at 260 Davis Dr, located 0.77 km away and completed in 1995 with 2 closed leases. These surrounding alternatives represent older, conventional mid-rise and high-rise developments, whereas the subject building stands out as a distinctive adaptive reuse project completed in 2021. Within this competitive landscape, the overall comparable benchmark establishes an average rent of $2,375 per month at $2.57 per square foot across an average footprint of 925 square feet. King George School Lofts features an active average asking rent of $3,248 per month at $4.46 per square foot across an average of 700 square feet, operating at a premium driven by its modern 2021 construction, boutique scale of 11 total suites, and contemporary loft finishes. While older 1980s and 1990s peers offer larger average square footages at lower base rental rates, the subject building commands higher rates per square foot by catering to renters seeking contemporary aesthetic appeal and a central Newmarket location.

270 Davis Dr, Newmarket

Avg Asking$2,500/mo
Avg $/SF$2.45
Rent Spread:
-$748/mo (-23.0%) Lower

260 Davis Dr, Newmarket

Avg Asking$2,250/mo
Avg $/SF$2.51
Rent Spread:
-$998/mo (-30.7%) Lower

195 Deerfield Road, Newmarket

Avg Asking$2,688/mo
Avg $/SF$4.13
Rent Spread:
-$560/mo (-17.2%) Lower

185 Deerfield Rd, Newmarket

Avg Asking$2,554/mo
Avg $/SF$3.48
Rent Spread:
-$693/mo (-21.3%) Lower

155 Main St N, Newmarket

Avg Asking$2,800/mo
Avg $/SF$2.55
Rent Spread:
-$448/mo (-13.8%) Lower

705-715 Davis Drive, Newmarket

Avg Asking$2,624/mo
Avg $/SF$3.96
Rent Spread:
-$623/mo (-19.2%) Lower

Comparable Analysis & Questions

How do rental rates at King George School Lofts compare to neighbouring buildings within Newmarket?

King George School Lofts features an active average asking rent of $3,248 per month, trading higher than the overall comparable micro-market average of $2,375 per month across benchmark properties including The Atwood II and Grandview Condominiums. Individual competitor leasing metrics show that The Atwood II at 270 Davis Dr achieved an average lease rent of $2,500 per month at $2.63 per square foot across an average of 950 square feet. Grandview Condominiums at 260 Davis Dr recorded an average lease rent of $2,250 per month at $2.51 per square foot across an average of 900 square feet. Specialty Lofts at 543 Timothy St and The Atwood I at 250 Davis Dr report no closed leases in the past 180 days, meaning active lease metrics are unavailable for those specific addresses.

Does King George School Lofts offer a competitive price-per-square-foot ($/SF) against local comparables?

King George School Lofts establishes its value proposition through an average asking rate of $4.46 per square foot across an average suite size of 700 square feet, reflecting a modern premium compared to the wider submarket average lease rate of $3.64 per square foot. Renters at the subject building trade traditional, larger footprints found in older neighborhood alternatives—such as the 950 square foot layouts at The Atwood II ($2.63 per square foot) and the 900 square foot layouts at Grandview Condominiums ($2.51 per square foot)—for contemporary architectural character, newer building systems, and efficient layout designs. While older competing buildings offer lower nominal rents and larger gross square footage, King George School Lofts targets residents willing to pay a premium for a 2021-completed boutique loft environment.

How do building age, amenities, and developer reputation impact rent spreads?

King George School Lofts delivers an intimate, character-driven lifestyle anchored by its signature Garden & Courtyard, contrasting with the extensive, traditional recreational facilities found in larger legacy developments nearby. Specialty Lofts offers a robust amenity package including a gym and fitness centre, games and billiards room, media and theatre room, party and lounge room, meeting room, rooftop terrace, BBQ area, concierge and security, and a pet wash station. Similarly, The Atwood II features a concierge and security, gym and fitness centre, indoor pool, sauna and steam room, party and lounge room, meeting room, library and reading room, and garden and courtyard. Grandview Condominiums provides a concierge and security, shared laundry room, gym and fitness centre, party and lounge room, meeting room, and a dining room and kitchen. This contrast positions King George School Lofts ideally for discerning renters who prioritize architectural heritage, boutique exclusivity, and private outdoor greenspace over traditional shared high-rise amenities like indoor pools and large fitness complexes.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around King George School Lofts.

Building Amenities

  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for King George School Lofts.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.