Six50 King West - King Building — Rental Market Data

Six50 King West – King Building has two active listings as of August 31, 2026, with asking rents ranging from $2,850 to $3,000 per month, an average of $2,925, and a median of $2,925. Both units are one-bedroom layouts averaging 674 square feet at $4.34 per square foot, representing 100 percent of current inventory. The active mix leans entirely toward mid-size one-bedroom suites rather than compact entry-level or multi-bedroom executive configurations, and the 34-square-foot premium over the submarket implied average of 640 square feet confirms these are above-standard footprints for the neighborhood.

The sole active layout at Six50 King West – King Building is the one-bedroom tier, accounting for both available units and 100 percent of current inventory. Each one-bedroom averages 674 square feet at $2,925 per month and $4.34 per square foot, with the smaller unit at 650 square feet asking $2,850 ($4.38 per square foot) and the larger at 698 square feet asking $3,000 ($4.30 per square foot). No studio, two-bedroom, or den configurations are currently listed, so renters seeking alternative layouts must look to the broader Downtown West submarket.

Six50 King West – King Building's active asking rents span a $150 spread from a $2,850 entry point to a $3,000 peak, a 5.3 percent range centered on a $2,925 median. The entry-level suite is a 650-square-foot one-bedroom priced at $4.38 per square foot, while the peak listing is a 698-square-foot one-bedroom at $4.30 per square foot. The modest dollar spread reflects two comparable one-bedroom footprints rather than a tiered layout range, and the slightly higher per-square-foot rate on the smaller unit reflects the standard inverse relationship between suite size and unit pricing.

Active den premiums at Six50 King West – King Building cannot be quantified, as no den configurations are currently listed and no square-footage delta or marginal per-square-foot cost is recorded. Verified parking stall costs are confirmed at $150 per month, providing a clear add-on for renters who require a dedicated spot. Beyond the parking fee, no additional amenity or storage premiums are isolated in the active listing data.

Six50 King West – King Building's active asking rent of $2,925 per month and $4.34 per square foot both trade below the Downtown West submarket benchmarks of $3,080 per month and $4.81 per square foot, a 9.8 percent discount on the rate metric. The building's active suites average 674 square feet, which is 34 square feet larger than the submarket implied asking footprint of 640 square feet, meaning the lower nominal rent reflects a more generous layout rather than a pricing concession. The building represents 2 out of 170 available listings in the Downtown West submarket, a 1.2 percent share of total active inventory.

Six50 King West – King Building realized an average lease rent of $2,350 per month, sitting $369 below the overall comp benchmark of $2,719 and well under the submarket average of $3,033. Against the Bathurst Building (95 Bathurst St, 0.06 km, 4 closed leases), the subject trades at a $500-per-month discount on a realized basis, with the comp averaging $2,850 per month at $4.05 per square foot across 700-square-foot suites. Thompson Residences (629 King St W / 38 Stewart St, 0.06 km, 29 closed leases) posted an average rent of $2,567 per month at $4.62 per square foot over 575 square feet, placing the subject $217 lower in nominal terms. Musee (525 Adelaide St W, 0.09 km, 28 closed leases) averaged $2,739 per month at $4.20 per square foot across 655 square feet, a $389 spread above the subject's realized rent. Thirty-two Stewart (32 Stewart St, 0.11 km) recorded zero closed leases in the trailing 180 days and therefore offers no realized rent benchmark for comparison.

The King Building's leased rate of $4.57 per square foot across an average 524-square-foot suite places it slightly above the submarket leased benchmark of $4.55 per square foot while delivering the smallest interior footprint in its immediate peer set. Against the Bathurst Building, the subject commands a $0.52-per-square-foot (12.8%) premium yet provides 176 fewer interior square feet, meaning the lower nominal rent is driven entirely by the compact suite size rather than a weaker per-foot valuation. Compared with Thompson Residences, the subject trades at a $0.05-per-square-foot (1.1%) discount and offers 51 fewer square feet, a near-parity rate relationship where the modest rent gap reflects a slightly tighter footprint in a 2016-built tower. Against Musee, the subject commands a $0.37-per-square-foot (8.8%) premium while delivering 131 fewer square feet, again showing that the nominal rent differential is a function of interior scale, not asset-level pricing power. In every active comparison, the subject's lower monthly figure is a footprint effect, not a discount on the building's per-square-foot value.

Six50 King West – King Building offers a lean four-item amenity package—concierge and security, gym and fitness centre, garden and courtyard, and rooftop terrace—making it the most amenity-light option among its active Downtown West peers. The Bathurst Building adds a BBQ area, party and lounge room, and meeting room; Thompson Residences layers in an outdoor pool, hot tub and jacuzzi, yoga studio, party and lounge room, meeting room, media and theatre room, and BBQ area; and Musee extends that list with a sauna and steam room, convenience store, and cabanas alongside the same aquatic and social facilities. The subject provides no pool, no dedicated party or meeting space, no yoga studio, and no concierge-adjacent retail, operating as a straightforward residential building where the rooftop terrace and courtyard serve as the primary outdoor lifestyle features. This package best serves cost-conscious professionals and young renters who prioritize a compact, low-maintenance one-bedroom in a central King Street location over resort-style amenities, and who are willing to trade away pool access and communal gathering spaces for a lower monthly outlay and a simpler building operation.