Blair and Co. structured the Lansdowne snapshot across four research dimensions. The rental inventory section captured the current listed units across the eight-neighbourhood trade area, documenting 30 active listings distributed across one bedroom, two bedroom, and three bedroom unit types, with low, high, and average rents and square footages recorded for each bedroom category alongside price per square foot calculations. The sales summary section captured 110 low rise apartment condo sales in the same neighbourhood set, documenting average days on market, average list price, average sale price, the variance between list and sale price, and average square footage by bedroom type, giving the development team a clear picture of how buyers in the market were behaving and what discount to list price was being achieved across the category. The amenities benchmarking section documented the popular amenity and feature standards in the competitive set, covering dog run and wash, underground and surface parking, storage lockers, secure bike storage, air conditioning, fitness facilities, bike repair rooms, stainless steel appliances, and pet-friendly policies. The demographics section drew on 2016 federal census data for the Lansdowne catchment area to provide the population and household profile context for the development’s target tenant base.
