South District Condos — Rental Market Data

South District Condos has five active rental listings as of August 31, 2026, with asking rents ranging from $1,950 to $2,200 per month, an average of $2,100, and a median of $2,100. Suites average 690 square feet at an asking rate of $3.08 per square foot. The dominant layout is the one-bedroom, accounting for 60 percent of active inventory, and the overall mix leans toward compact entry-level suites rather than multi-bedroom executive configurations.

The one-bedroom layout leads active availability with three listings, representing 60 percent of the building's current inventory at an average asking rent of $2,083 per month across 650 square feet and $3.24 per square foot. The one-bedroom-plus-den tier holds a single listing at $2,100 per month for 750 square feet at $2.80 per square foot, while the two-bedroom tier also carries one listing at $2,150 per month for 750 square feet at $2.87 per square foot. Both upper tiers are single-listing positions, limiting in-building comparison for renters seeking additional bedrooms.

South District Condos shows an active asking spread of $250 per month, or 12.8 percent, between the entry rent of $1,950 and the peak asking rent of $2,200. The median asking rent sits at $2,100 per month. The entry-level suite is a 550-square-foot one-bedroom priced at $3.55 per square foot, while the peak listing is a 750-square-foot one-bedroom at $2.93 per square foot, meaning the higher absolute rent reflects a substantially larger footprint rather than a premium unit rate.

South District Condos carries an active den premium of $17 per month for an additional 100 square feet of space, equating to a marginal cost of $0.17 per square foot for the extra den area. Parking stall premiums cannot be reliably isolated from current listings due to insufficient paired data, and no verified historical parking benchmark exists in the lease record to quote a confirmed monthly add-on.

South District Condos asks an average of $2,100 per month at $3.08 per square foot, compared to the Bloor-Yorkville submarket asking benchmark of $4,743 per month and $5.83 per square foot. The building's per-square-foot rate runs 47.2 percent below the submarket asking average, and the lower nominal monthly outlay is consistent with this pricing gap rather than being driven solely by compact suite sizing. South District Condos represents five of the 100 active listings tracked across the Bloor-Yorkville submarket, a 5 percent share of total neighbourhood inventory.

South District Condos' average closed-lease rent of $2,115 per month undercuts the four-comparable average of $3,175 by roughly $1,060, a gap driven by the building's lower per-square-foot rate and mid-range suite sizing. One Bloor at 1 Bloor St E (0.1 km) closed leases averaging $3,409 per month at $4.38 per square foot over 789 square feet; Casa - Condominio Residenza at 33 Charles St E (0.12 km) recorded $2,655 per month at $4.19 per square foot across 655 square feet; Crystal Blu at 21 Balmuto St (0.12 km) achieved $3,872 per month at $4.34 per square foot over 981 square feet; and Nicholas Residences at 75 St Nicholas St (0.13 km) closed at $2,763 per month at $4.51 per square foot across 616 square feet. In every case the subject building's realized rent sits below the competitor's, reflecting both a smaller or comparable footprint and a more competitive per-square-foot rate.

South District Condos leases at $3.01 per square foot over an average 725 square feet, trading at a clear discount to all four nearby comparables and well below the Bloor-Yorkville submarket leased benchmark of $4.92 per square foot. Against One Bloor (789 sq ft at $4.38/sq ft) and Crystal Blu (981 sq ft at $4.34/sq ft), the subject building offers 64 and 256 fewer square feet respectively, so tenants are not surrendering space but rather selecting a more compact layout at a proportionally lower rate. Conversely, compared with Casa - Condominio Residenza (655 sq ft at $4.19/sq ft) and Nicholas Residences (616 sq ft at $4.51/sq ft), the subject provides 70 and 109 additional square feet while still charging less per square foot, meaning renters gain interior volume without a corresponding rent increase. The net effect is a value proposition where the 2022-built building delivers newer finishes and systems at a per-square-foot rate roughly 30% below every direct competitor.

South District Condos pairs a full-service lifestyle amenity deck with several signature features absent from its immediate competitors, giving tenants a broader recreational and professional toolkit than the surrounding stock. The building's dedicated Business Centre distinguishes it from One Bloor, Crystal Blu, and Nicholas Residences, none of which offer a comparable workspace (Casa provides only a basic Meeting Room). A Library & Reading Room is unique to the subject among all four comparables, as is a Lawn Games Court that no competitor replicates. The Garden & Courtyard at South District Condos also sets it apart from One Bloor, Crystal Blu, and Nicholas Residences, which lack an equivalent outdoor green space. Together with the Yoga Studio, Rooftop Terrace, BBQ Area, and Dining Room & Kitchen shared across the set, these differentiators best serve young professionals and small families seeking a turnkey urban lifestyle that blends productive workspace, quiet reading areas, and active outdoor recreation without requiring a second membership or off-site facility.