Casa III — Rental Market Data

Casa III features 2 active listings as of August 31, 2026, with a total price range spanning from $2,150 to $15,000 per month and an average asking rent of $8,575 per month. The median asking rent matches the average at $8,575 per month, drawn from an average square footage of 450 square feet and an asking rate of $17.69 per square foot. 2-Bedroom layouts dominate the active inventory with a 50 percent share, indicating that current availability leans toward larger executive configurations rather than compact entry-level suites.

2-Bedroom configurations represent the dominant active layout at Casa III, accounting for 1 listing and a 50 percent share of current inventory. The building's active inventory is split evenly between two distinct tiers, featuring 1 Studio unit priced at an average of $2,150 per month across 400 square feet at $5.38 per square foot, alongside 1 2-Bedroom unit averaging $15,000 per month across 500 square feet at $30.00 per square foot.

Casa III exhibits a minimum entry rent of $2,150 per month and a peak asking rent of $15,000 per month, creating a dollar spread of $12,850 and a percentage spread of 597.7 percent. Median asking rent rests at $8,575 per month. The entry-level option consists of a Studio suite spanning 400 square feet priced at $5.38 per square foot, while the peak tier is anchored by a 2-Bedroom suite encompassing 500 square feet priced at $30.00 per square foot.

Casa III has no verifiable active den premium data available, as the active den square footage delta is null. Active den marginal square footage costs cannot be calculated due to insufficient sample data. Furthermore, active parking premiums cannot be reliably isolated due to an anomalous outlier or insufficient paired sample.

Casa III features an average asking rent of $8,575 per month at $17.69 per square foot, comparing against the Cabbagetown submarket asking benchmark of $3,178 per month at $4.33 per square foot. The building's higher nominal monthly rent is driven by larger suite sizing and premium positioning rather than standard submarket pricing, with the asking rate per square foot sitting 308.5 percent above the submarket average while the property accounts for 1.88 percent of submarket active inventory.

Casa III achieves an average lease rent of $2,625 per month, aligning closely with the overall competitive average of $2,623 per month while trading competitively against nearby benchmarks such as Casa II and 55C. Casa II (42 Charles St E) records an average lease rent of $2,391 per month at $4.64 per square foot across 525 square feet. The Charles at Church (634 Church Street) averages $2,620 per month at $4.03 per square foot across 655 square feet. Meanwhile, 55C (55 Charles St E) commands $2,831 per month at $4.33 per square foot across 664 square feet, and Chaz Yorkville (45 Charles St E) leases at $2,651 per month at $4.16 per square foot across 650 square feet.

Casa III establishes its value proposition by realizing an average lease rate of $4.78 per square foot across an average suite size of 565 square feet, reflecting a premium over select older peers driven by efficient layouts and central positioning. Compared against Casa II, which averages 525 square feet at $4.64 per square foot, Casa III provides more interior square footage at 565 square feet while trading at a higher rate per square foot. Against larger footprints like The Charles at Church (655 square feet at $4.03 per square foot) and 55C (664 square feet at $4.33 per square foot), renters at Casa III trade away raw square footage in exchange for a central address, modern Cresford finishes, and lower overall gross monthly rent burdens compared to the newest 2024 inventory.

Casa III delivers a robust lifestyle and amenity package that matches or exceeds the offerings of its immediate neighbours, catering well to downtown professionals seeking comprehensive building infrastructure. Signature amenities at Casa III include an outdoor pool, a hot tub and jacuzzi, a dedicated yoga studio, a comprehensive fitness centre, and a rooftop terrace. When contrasted with nearby peers, Casa III's pool and jacuzzi facilities surpass the offerings found at Casa II, which features an outdoor pool and yoga studio but lacks dedicated hydrotherapy options. Similarly, while 55C and The Charles at Church incorporate pet-focused amenities like pet wash stations and dog runs, Casa III differentiates itself with extensive recreational spaces including a media room, games room, and full spa facilities. This diverse amenity stack positions Casa III ideally for urban professionals and renters who prioritize wellness, social lounges, and on-site recreation without leaving the building.