Eight Forty — Rental Market Data

Eight Forty carries one active listing as of August 31, 2026, asking $2,600 per month with both the average and median rent at that single figure. The available suite spans 650 square feet at $4.00 per square foot, and the 100 percent layout share is a two-bedroom configuration. With only one unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts; it is a single mid-range two-bedroom offering in an otherwise fully occupied building.

The sole active layout at Eight Forty is a two-bedroom suite, representing 100 percent of available inventory with one listing at $2,600 per month. The unit measures 650 square feet at $4.00 per square foot, and no one-bedroom, studio, or three-bedroom tiers currently have active listings. Rents seeking alternative bedroom configurations in this building must turn to the broader Dovercourt submarket, which holds 16 additional available units.

Eight Forty's single active listing sets both the minimum and maximum asking rent at $2,600 per month, producing a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same two-bedroom unit at 650 square feet and $4.00 per square foot, so no internal price gradient exists within the building's current inventory. Renter pricing options at this address are effectively binary: take the one available suite at $2,600 or look elsewhere in Dovercourt.

Eight Forty does not have a quantified den premium or square-footage delta for den configurations, as no active den suites are currently listed to establish a marginal cost per square foot. Parking stall costs also cannot be reliably isolated from the available data, and no verified monthly parking figure should be assumed for this building. Prospective renters should request current parking and den pricing directly from the leasing office at 840 St Clair Ave W.

Eight Forty's active asking rent of $2,600 per month sits just $9 below the Dovercourt submarket average asking rent of $2,609, while the building's $4.00 per square foot rate runs 2.8 percent above the submarket asking benchmark of $3.89 per square foot. The nominal rent parity masks a footprint difference: the active suite at 650 square feet is 21 square feet smaller than the submarket implied average of 671 square feet, which explains why the per-square-foot rate is elevated despite the monthly figure appearing in line. Eight Forty accounts for one out of 17 active listings in the Dovercourt submarket, a 5.9 percent share of available inventory.

Eight Forty's average realized lease rent of $2,525 per month sits $131 below the overall comp benchmark of $2,656, with every active competitor pricing at or above the subject. The deepest-volume peer, 900 St Clair – St Clair Village at 185 Alberta Ave (0.18 km, 15 closed leases), averages $2,543 per month at $3.78 per square foot across 691 square feet, placing the subject just $18 lower on a monthly basis. Monza at 863 St Clair Ave W (0.14 km, 2 closed leases) averages $2,725 per month at $3.71 per square foot over 750 square feet, meaning Eight Forty trades at a rent $200 lower per month. 804A St Clair Avenue W (0.12 km, 1 closed lease, estimated completion 2026) reports an average of $2,700 per month at $4.38 per square foot across 617 square feet, with the subject $175 lower on a monthly basis. The Nest at 835 St Clair Ave W (0.06 km, built in 2017) recorded zero closed leases in the trailing 180 days and therefore offers no realized rent benchmark against which to compare Eight Forty's pricing.

Eight Forty's leased rate of $3.88 per square foot across an average 650-square-foot suite positions the building at a slight discount to the comp average of $3.96 per square foot and 686 square feet, while commanding a small premium over two of three active peers on a per-square-foot basis. Against 804A St Clair Avenue W, the subject trades at a $0.50 per square foot (11.4 percent) discount, yet provides 33 more interior square feet; the lower nominal rent of $175 per month is driven by the larger footprint priced at a lower rate rather than a weaker asset valuation. Versus Monza, Eight Forty commands a $0.17 per square foot (4.6 percent) premium but delivers 100 fewer interior square feet, so the $200-per-month rent gap reflects the smaller suite size rather than a lower per-unit value. Against 900 St Clair – St Clair Village, the subject carries a $0.10 per square foot (2.6 percent) premium while providing 41 fewer square feet, and the nominal rent difference of just $18 per month is attributable to that footprint delta. In each case the trade-off is clear: Eight Forty's 650-square-foot suites are compact relative to Monza and 900 St Clair but more spacious than 804A, and the rate-per-square-foot positioning shifts accordingly.

Eight Forty offers an 11-item amenity package that includes a Media & Theatre Room, Pet Wash Station, and Mail and Parcel Room—three features absent from every active competitor in this immediate pocket. Against Monza (863 St Clair Ave W), the subject adds a dedicated Meeting Room, Media & Theatre Room, Garden & Courtyard, and Pet Wash Station that Monza does not provide, while Monza's Parcel Storage is a narrower offering than Eight Forty's full Mail and Parcel Room. Compared with 900 St Clair – St Clair Village (185 Alberta Ave), Eight Forty supplies a Meeting Room, Media & Theatre Room, Pet Wash Station, and Mail and Parcel Room that the St Clair Village building lacks, though that competitor counters with a Business Centre and Wine Lounge not found at Eight Forty. The zero-amenity 804A St Clair Avenue W provides no common facilities whatsoever, making Eight Forty's full lifestyle suite a clear differentiator in that direct comparison. The Nest (835 St Clair Ave W), while zero-volume, carries a Library & Reading Room and Car Share Program that Eight Forty does not offer, but its 2017 build date and lack of active leasing data limit its relevance as a lifestyle benchmark. This amenity mix—blending wellness (gym), social gathering (party room, dining kitchen, rooftop terrace, BBQ), remote-work support (meeting room), and pet care (wash station)—best serves young professional and small-family renters in the Dovercourt corridor who prioritize a turnkey lifestyle package without the premium pricing of luxury high-rise towers.