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Market Data as of August 31, 2026

The Durand — Rental Market Data

120 Duke St, Hamilton, Ontario L8P 4T1
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
2-Bedroom
2
$2,600

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed1978
Total Suites113
DeveloperSegitta Investments Ltd.

The Durand, located at 120 Duke St in Central Hamilton, was developed by Segitta Investments Ltd. in 1978 and comprises 113 suites, currently recording 2 active listings and a 1.8 percent availability rate. The property recorded zero closed leases over the past 90 days and 30 days, while historical leasing activity records 1 closed lease with an average days on market of 24 days.

Current active listings ask an average of $2,600 per month at $2.73 per square foot for an average footprint of 951 square feet, comparing against a lifetime realized lease average of $2,600 per month at $2.36 per square foot across an average of 1,100 square feet. Active asking rates trade at a 7.1 percent discount to the Central Hamilton submarket asking benchmark of $2.94 per square foot.

Marketing friction remains minimal as historical deals closed at asking price within 24 days on market, though prospective tenants face limited selection given that active inventory is entirely restricted to 2-bedroom configurations.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at The Durand as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
+1 (100.0%)
Avg Asking Rent$2,600
$0
Avg Suite Size951 sf
-1 sf (0.1%)
Avg Days on Market24d
+20d (500.0%)
Avg Asking $/SF$2.73
+$0.00 (0.1%)

Active Market Insights & Questions

How has rental availability changed at The Durand recently?

The Durand features 2 active listings as of August 31, 2026, offering a price range of $2,600 to $2,600 per month with both average and median asking rents sitting at $2,600 per month. Active inventory averages 951 square feet with an asking rate of $2.73 per square foot, and 2-bedroom layouts claim a 100 percent dominant share, signaling a complete focus on multi-bedroom executive layouts rather than compact entry-level suites.

What floor plans and unit layouts are currently available at The Durand?

The dominant active layout at The Durand is the 2-Bedroom, accounting for 2 listings and a 100 percent inventory share. This sole available tier averages $2,600 per month across 951 square feet at an average rate of $2.73 per square foot.

What is the average asking rent and $/SF by suite size at The Durand?

The Durand displays a minimum entry rent of $2,600 per month and a peak asking rent of $2,600 per month, resulting in a dollar spread of $0 and an asking spread percentage of 0. Median asking rent rests at $2,600 per month. The entry-level 2-bedroom suite measures 950 square feet at $2.74 per square foot, while the peak 2-bedroom suite measures 952 square feet at $2.73 per square foot.

How much extra do parking spaces and dens cost at The Durand?

Active den premium data for The Durand is currently unavailable as active listings do not feature den variations. Furthermore, active parking premiums cannot be reliably isolated from current listings due to an insufficient paired sample.

How do asking rents at The Durand compare to local and municipal benchmarks?

The Durand commands an average asking rent of $2,600 per month at $2.73 per square foot, which compares to the Central Hamilton submarket asking benchmark of $2,026 per month at $2.94 per square foot. The building's lower rate per square foot reflects a 7.1 percent discount relative to submarket asking benchmarks, supported by the building's active inventory share across the wider submarket.

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)
2026-04-272260010542.4720
2026-04-282260010542.4721
2026-04-292260010542.4722
2026-04-302260010542.4723
2026-07-27126009522.73N/A
2026-07-28126009522.731
2026-07-29126009522.732
2026-07-30126009522.733
2026-07-31126009522.734
2026-08-01126009522.735
2026-08-02126009522.736
2026-08-03126009522.737
2026-08-04126009522.738
2026-08-05126009522.739
2026-08-06126009522.7310
2026-08-07126009522.7311
2026-08-08126009522.7312
2026-08-09126009522.7313
2026-08-10126009522.7314
2026-08-11126009522.7315
2026-08-12126009522.7316
2026-08-13126009522.7317
2026-08-14126009522.7318
2026-08-15126009522.7319
2026-08-16126009522.7320
2026-08-17126009522.7321
2026-08-18226009512.7311
2026-08-19226009512.7312
2026-08-20226009512.7313
2026-08-21226009512.7314
2026-08-22226009512.7315
2026-08-23226009512.7316
2026-08-24226009512.7317
2026-08-25226009512.7318
2026-08-26226009512.7319
2026-08-27226009512.7320
2026-08-28226009512.7321
2026-08-29226009512.7322
2026-08-30226009512.7323
2026-08-31226009512.7324

12-Month Market Dynamics & Trend Trajectory

The Durand on Duke Street has established a lifetime leasing volume of 1 transaction with an average rent of $2,600 per month, a rate of $2.36 per square foot, an average suite size of 1,100 square feet, and a lifetime days on market of 24 days, pointing to minimal tenant turnover in this established building. Active listings continue to command a stable baseline, though overall historical liquidity remains tight. Pricing discipline at the building demonstrates balanced market leverage, with 100% of transactions closing exactly at asking price. Net negotiation spreads held at zero, reflecting mutual agreement between landlords and prospective tenants without requiring concessions.

Loading inventory data…

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)
2026-04-261260011002.3624

Nearby Building Rental Comparables & Price Spreads

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

The competitive set surrounding The Durand at 120 Duke St comprises four nearby properties, led by Bold Street Apartments at 125 Bold Street (0.06 km away, estimated completion year 2026, with 0 active listings), 141 Bold Street (0.09 km away, built in 1895, with 1 closed lease), Carrington Towers at 165 Bold St (0.15 km away, built in 1988, with 1 closed lease), and City Square Tower 2 at 85 Robinson St (0.23 km away, built in 2015, with 3 closed leases). These properties represent a diverse architectural evolution ranging from late-19th-century historic builds to mid-century towers and modern infill construction. Across this micro-market, the overall comparable benchmark registers an average lease rent of $2,528 per month at $2.74 per square foot across an average suite size of 1,042 square feet. The Durand occupies a well-established mid-century position built in 1978, offering a balanced scale of 113 suites that trade at a competitive rate per square foot relative to newer builds while delivering substantial layouts that outperform modern infill footprints in overall interior volume.

125 Bold Street, Hamilton

Avg Asking$1,132/mo
Avg $/SF$2.83
Rent Spread:
-$1,468/mo (-56.4%) Lower

141 Bold Street, Hamilton

Avg Asking$2,350/mo
Avg $/SF$1.74
Rent Spread:
-$250/mo (-9.6%) Lower

165 Bold St, Hamilton

Avg Asking$3,000/mo
Avg $/SF$3.53
Rent Spread:
+$400/mo (+15.4%) Higher

85 Robinson St, Hamilton

Avg Asking$2,067/mo
Avg $/SF$3.35
Rent Spread:
-$533/mo (-20.5%) Lower

100 Charlton Avenue W, Hamilton

Avg Asking$2,189/mo
Avg $/SF$2.78
Rent Spread:
-$411/mo (-15.8%) Lower

81 Robinson St, Hamilton

Avg Asking$2,091/mo
Avg $/SF$3.37
Rent Spread:
-$509/mo (-19.6%) Lower

Comparable Analysis & Questions

How do rental rates at The Durand compare to neighbouring buildings within Central Hamilton?

The Durand at 120 Duke St records an average lease rent of $2,600 per month, aligning closely with the overall micro-market comp average of $2,528 per month across key benchmarks including Carrington Towers and City Square Tower 2. Specifically, 141 Bold Street located at 141 Bold Street reports an average lease rent of $2,550 per month, a rate of $1.57 per square foot, and an average square footage of 1,621. Carrington Towers located at 165 Bold St records an average lease rent of $3,000 per month, a rate of $3.53 per square foot, and an average square footage of 850. City Square Tower 2 located at 85 Robinson St achieves an average lease rent of $2,033 per month, a rate of $3.13 per square foot, and an average square footage of 655. Meanwhile, Bold Street Apartments located at 125 Bold Street is newly built in 2026, sitting 0.06 km away with 0 active listings.

Does The Durand offer a competitive price-per-square-foot ($/SF) against local comparables?

The Durand delivers an attractive value proposition, trading at an average asking rate of $2.73 per square foot across an average active size of 951 square feet compared to the submarket asking benchmark of $2.94 per square foot. Renters evaluating The Durand against compact modern alternatives like City Square Tower 2 (655 square feet at $3.13 per square foot) or higher-density towers like Carrington Towers (850 square feet at $3.53 per square foot) benefit from significantly larger room proportions without paying an inflated premium per square foot. Conversely, historic alternatives such as 141 Bold Street offer massive 1,621-square-foot floor plans at a lower rate of $1.57 per square foot, but require tenants to trade away modern building systems and contemporary managed amenities for raw space.

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

The Durand provides an extensive, resort-style amenity package that distinguishes it from nearby competitors by offering a robust selection of wellness and recreational spaces. Residents enjoy signature features including an indoor pool, a hot tub and jacuzzi, a sauna and steam room, a fully equipped gym and fitness centre, and a rooftop terrace with a BBQ area. In contrast, Bold Street Apartments offers concierge security and shared laundry, Carrington Towers features a rooftop terrace, and City Square Tower 2 includes a gym, party room, media room, rooftop terrace, and BBQ area, while 141 Bold Street provides no shared amenity spaces. This comprehensive lifestyle profile positions The Durand perfectly for established professionals, downsizers, and mature renters prioritizing wellness infrastructure and building community spaces over minimal-service living.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Durand.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Library & Reading Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Durand.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 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.