Fleur — Rental Market Data

Fleur at 60 Shuter Street lists three active units as of August 31, 2026, with asking rents ranging from $2,100 to $4,800 per month, an average of $3,367 and a median of $3,200. The active inventory averages 798 square feet at $4.40 per square foot, and each of the three available layouts—1-Bedroom, 2-Bedroom + Den, and 3-Bedroom+—holds a single listing, so no tier offers a multi-unit choice. The current mix leans toward mid- and large-format suites rather than compact entry-level stock, with the 2-Bedroom + Den and 3-Bedroom+ units together representing two-thirds of available inventory.

The dominant active layout at Fleur is the 1-Bedroom, though all three tiers share an equal one-third inventory split of one unit each. The 1-Bedroom asks $2,100 per month for 400 square feet at $5.25 per square foot; the 2-Bedroom + Den lists at $3,200 for 869 square feet at $3.68 per square foot; and the 3-Bedroom+ commands $4,800 for 1,125 square feet at $4.27 per square foot. Because every tier is a single listing, renters should treat each as an individual transaction with limited room to compare alternatives within the same bedroom category.

Fleur's three active listings span a $2,700 spread from a $2,100 entry point to a $4,800 peak, a 128.6 percent range that reflects the jump from compact one-bedroom to executive three-bedroom-plus formats. The median asking rent of $3,200 per month sits in the 2-Bedroom + Den tier at 869 square feet. The entry-level 1-Bedroom offers 400 square feet at $5.25 per square foot, while the peak 3-Bedroom+ suite provides 1,125 square feet at $4.27 per square foot, meaning the larger format actually delivers a lower rate per square foot despite the higher monthly outlay.

Fleur's active den premium cannot be reliably quantified from current listings, as the 2-Bedroom + Den unit is a single transaction without a paired 2-Bedroom comparison to isolate the marginal cost of den space. Parking premiums also cannot be reliably isolated from the three active listings due to an insufficient paired sample. However, verified historical leases at the building established a $205 per month parking stall benchmark, which serves as a reasonable reference point for budgeting purposes.

Fleur's active asking rent of $3,367 per month exceeds the Downtown East submarket average asking rent of $2,636 by roughly 28 percent, yet the per-square-foot rate of $4.40 sits only 0.9 percent above the submarket asking benchmark of $4.36 per square foot. The nominal rent gap is driven entirely by suite sizing: Fleur's active inventory averages 798 square feet versus the submarket's smaller average footprint, so renters are paying more in absolute dollars for materially more space rather than a steeper unit rate. The building's three listings represent approximately 1.6 percent of the 192 active units currently available across the Downtown East submarket.

Fleur's average closed lease rent of $2,507 per month runs $40 above the four-comparable average of $2,467, placing it at a slight premium within its immediate Shuter Street corridor. Core Condominiums at 68 Shuter St (0.03 km) closed leases averaging $2,203 per month at $4.08 per square foot on 548-square-foot suites, representing a $304 monthly discount to Fleur. Boot at 75 Dalhousie St (0.05 km) posted the highest comp rent at $2,825 per month but on substantially larger 850-square-foot units at just $3.32 per square foot, meaning Fleur's $2,507 lease is $318 lower in absolute terms despite a higher per-square-foot rate. 88 North at 77 Shuter St (0.07 km) closed at $2,372 per month, $4.28 per square foot, and 564 square feet, sitting $135 below Fleur's realized rent. 76 Shuter at 76 Shuter St (0.06 km) recorded no closed leases in the trailing 180-day window, so no direct rent benchmark is available for that property.

Fleur trades at $4.40 per square foot on an average 587-square-foot suite, commanding a premium over every nearby comparable with reported lease data while offering a mid-range footprint in the submarket. Against Core Condominiums, Fleur's rate is $0.32 per square foot (7.8%) higher, yet tenants receive 39 additional square feet of interior space, effectively gaining usable area at a proportionally modest cost increase. Compared to Boot, Fleur's $4.40 per square foot is $1.08 (32.5%) above Boot's $3.32 rate, but the subject building provides 263 fewer square feet than Boot's 850-square-foot average, so renters are trading size for a newer, more amenity-dense product. Versus 88 North, Fleur's premium is a tighter $0.12 per square foot (2.8%) with 23 more square feet, making it the closest value match in the set. The submarket-wide leased benchmark of $4.23 per square foot confirms Fleur sits roughly 4% above the broader Downtown East average, a spread justified by its 2021 construction and indoor-pool amenity suite.

Fleur's amenity profile at 60 Shuter St differentiates itself in this corridor through a year-round indoor pool, a dedicated dining room with full kitchen, and a meeting room—features absent from most of its immediate neighbours. Where Core Condominiums offers an on-site café and games room but no pool, Fleur provides a heated indoor pool alongside its rooftop terrace and BBQ area, giving residents a four-season aquatic option that Core's outdoor-only social spaces cannot match. Boot at 75 Dalhousie St includes a sauna and steam room but lacks both a dining room and an indoor pool, leaving residents without a communal cooking or swimming facility. Against 76 Shuter, which fields a yoga studio, pet wash station, and massage room, Fleur counters with its indoor pool, rooftop terrace, and BBQ area—amenities 76 Shuter does not list. Compared to 88 North's outdoor pool and cabanas, Fleur's indoor pool operates in all weather conditions and is paired with a media and theatre room plus a meeting room that 88 North does not offer. This combination best serves young professionals and small households who want resort-style indoor recreation, a dedicated space for remote-work meetings, and communal dining without leaving the building, all within a walkable Downtown East address.