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Market Data as of September 30, 2026

Spencer Creek Village IV — Rental Market Data

1000 Creekside Dr, Hamilton, Ontario L9H 7S6
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,990/mo
Date Leased: September 8, 2026
Rent psf$3.32/sf
Turnover VelocityFast (11d)
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed2010
Total Suites62
DeveloperAlterra Developments & Finer Space Corporation

Spencer Creek Village IV is a residential community located in Hamilton, Ontario. Completed in 2010, the property features an estimated 62 suites. While there are currently no active rental listings on the market, historical records show 1 closed lease transactions with an average realized rent of $2,990/month ($3.32/SF).

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,990/mo
Date LeasedSeptember 8, 2026
Rent psf$3.32/sf
Turnover VelocityFast (11d)
Active Inventory Status0 Available

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Spencer Creek Village IV (Data period: For the month of September 2026).

Units Leased1
Avg Leased Price$2,990
Avg Leased Size900 sf
Avg Days to Lease11d
Leased $/SF$3.32

Leased Transaction Insights & Questions

How many suites were leased at Spencer Creek Village IV last month, and how fast did they rent?

Over For the month of September 2026, 1 residential lease transaction closed at Spencer Creek Village IV, leasing in an average of 11 days on market.

What is the negotiation spread between asking rents and closed lease prices at Spencer Creek Village IV?

Completed lease contracts averaged $2,990/month, compared to active asking rents of $0/month, reflecting a spread of $0/month (0.0%).

What are typical executed lease prices across different layouts at Spencer Creek Village IV?

Executed lease contracts averaged $2,990/month ($3.32/SF) across closed suites.

What measurable rent premium did suites with parking achieve in closed leases at Spencer Creek Village IV?

Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.

How does the lease-to-listing ratio at Spencer Creek Village IV reflect current tenant demand?

Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-08-28129909003.32N/A
2026-08-29129909003.321
2026-08-30129909003.322
2026-08-31129909003.323
2026-09-01129909003.324
2026-09-02129909003.325
2026-09-03129909003.326
2026-09-04129909003.327
2026-09-05129909003.328
2026-09-06129909003.329
2026-09-07129909003.3210

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Spencer Creek Village IV reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-09-06129909003.3211

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Comparing rental asking rates and price-per-square-foot ($/SF) at Spencer Creek Village IV with 6 tracked residential buildings in the immediate vicinity.

8 Main St, Hamilton

Avg Asking$3,000/mo
Avg $/SF$2.50
Rent Spread:
N/A

23 Main St, Hamilton

Avg Asking$2,150/mo
Avg $/SF$2.87
Rent Spread:
N/A
2 Grant1.2 km

2 Grant Boulevard, Hamilton

Avg Asking$1,400/mo
Avg $/SF$3.04
Rent Spread:
N/A

397 King St W, Hamilton

Avg Asking$2,400/mo
Avg $/SF$3.26
Rent Spread:
N/A

1968 Main St W, Hamilton

Avg Asking$2,719/mo
Avg $/SF$2.53
Rent Spread:
N/A

37 Mericourt Road, Hamilton

Avg Asking$1,968/mo
Avg $/SF$3.17
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Spencer Creek Village IV compare to neighbouring buildings within Dundas?

At $0/month ($0.00/SF), Spencer Creek Village IV maintains a competitive market position compared to surrounding properties.

Does Spencer Creek Village IV offer a competitive price-per-square-foot ($/SF) against local comparables?

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

How do building age, amenities, and developer reputation impact rent spreads?

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Spencer Creek Village IV and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Spencer Creek Village IV.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Car Wash Bay
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Library & Reading Room
  • Hobby Room
  • Dining Room & Kitchen
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Spencer Creek Village IV.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.