Kerr Street Studios — Rental Market Data

Kerr Street Studios has three active listings as of August 31, 2026, with asking rents ranging from $2,100 to $2,900 per month, an average of $2,367, and a median of $2,100. The average active suite measures 652 square feet at an asking rate of $3.67 per square foot. One-bedroom units account for 66.7 percent of available inventory, indicating the current selection leans toward compact entry-level suites rather than multi-bedroom executive layouts.

The dominant active layout at Kerr Street Studios is the one-bedroom, with two listings representing 66.7 percent of available inventory at an average asking rent of $2,100 per month across 553 square feet and a rate of $3.80 per square foot. A single two-bedroom unit rounds out the selection at 33.3 percent share, listed at $2,900 per month for 850 square feet at $3.41 per square foot. Renter choice is limited to these two tiers, with no studio or three-bedroom options currently on the market.

Kerr Street Studios shows an active asking spread of $800 per month, from a minimum of $2,100 to a peak of $2,900, a 38.1 percent range. The median asking rent sits at $2,100 per month. The entry-level suite is a one-bedroom measuring 550 square feet at $3.82 per square foot, while the peak listing is a two-bedroom at 850 square feet and $3.41 per square foot.

Den premiums and square-footage deltas for Kerr Street Studios cannot be quantified from the current active sample, as no paired den versus non-den listings are available for comparison. Parking stall costs also cannot be reliably isolated; the available data reflects an anomalous outlier or insufficient paired sample, so no specific monthly parking fee can be quoted with confidence.

Kerr Street Studios asks an average of $2,367 per month at $3.67 per square foot, compared to the Oakville South submarket asking benchmark of $4,206 per month and $8.34 per square foot. The 56 percent per-square-foot discount reflects the building's smaller suite footprints rather than a pricing gap; active units average 652 square feet versus the submarket implied average of 504 square feet, meaning the subject's suites are actually 148 square feet larger than the typical submarket listing. Kerr Street Studios accounts for three out of 17 available listings in the Oakville South submarket, or roughly 17.6 percent of total active inventory.

Kerr Street Studios realized an average lease rent of $2,800 per month over the trailing year, which is $167 above the four-comp blended benchmark of $2,633 and sits below the two highest-volume neighbours on a per-unit basis. Senses – Rain 2 at 55 Speers Road (0.2 km, 12 closed leases) averaged $2,494 per month, meaning the subject commands a $306-per-month higher realized rent than that building. Rain at 65 Speers Road (0.24 km, 18 closed leases) averaged $2,536 per month, placing the subject $264 above it. Princeton Manor – North at 70 Stewart Street (0.27 km, 1 closed lease) recorded an identical $2,800 average, and Oak Hill at 20 Speers Road (0.3 km, 1 closed lease) averaged $2,700, leaving the subject $100 higher. Both Princeton Manor and Oak Hill carry only a single transaction each, so their rent figures reflect individual deals rather than a sustained market-clearing price.

Kerr Street Studios leased at $3.29 per square foot on an 850-square-foot average suite, a rate $0.23 per square foot above the comp blended average of $3.06 while providing 73 fewer square feet than the 923-square-foot comp mean. Against Senses – Rain 2 (12 closed leases, $3.67 per square foot, 697 sq ft), the subject trades at a $0.38-per-square-foot (10.4%) discount and delivers 153 more interior square feet, so the higher nominal rent is driven entirely by the larger footprint rather than a per-unit premium. Rain (18 closed leases, $3.54 per square foot, 745 sq ft) shows the same pattern: the subject offers a $0.25-per-square-foot (7.1%) discount and 105 additional square feet, again making suite size the rent differentiator. Princeton Manor – North (1 closed lease, $2.95 per square foot, 950 sq ft) inverts the dynamic—the subject commands a $0.34-per-square-foot (11.5%) premium while providing 100 fewer square feet, a trade-off visible only in a single transaction. Oak Hill (1 closed lease, $2.08 per square foot, 1,300 sq ft) shows the widest gap: the subject carries a $1.21-per-square-foot (58.2%) premium on 450 fewer square feet, reflecting the 1973 building's large-format, low-rate positioning.

Kerr Street Studios provides no common lifestyle or recreational facilities whatsoever, operating as a no-frills, low-maintenance residential building that appeals to cost-conscious renters over amenity-rich peers. Senses – Rain 2 (0.2 km) fields 17 amenities including an indoor pool, cold plunge pool, gym, yoga studio, sauna and steam room, rooftop terrace, pet wash station, and a full meeting-and-media suite; Rain (0.24 km) carries 16 comparable features spanning aquatic, fitness, and social programming. Princeton Manor – North (0.27 km) also lists zero amenities, making it the only true lifestyle peer to the subject, while Oak Hill (0.3 km) offers a gym, indoor pool, party room, library, and garden courtyard from its 1973 build. The absence of any shared programming at Kerr Street Studios means tenants forgo aquatic, wellness, remote-work, and pet-care infrastructure that define the Speers Road pair, but they also avoid the implicit amenity fee burden those buildings carry. The primary demographic best served by this package is a budget-sensitive professional or young household prioritizing a straightforward, low-overhead lease in the Oakville South pocket over resort-style building services.