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Market Data as of August 31, 2026

Casa di Torre — Rental Market Data

121 Highway 8, Hamilton, Ontario L8E 5B7
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$1,950/mo
Date Leased: August 22, 2026
Rent psf$3.00/sf
Turnover Velocity76 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2022
Total Suites126
DeveloperBranthaven Homes & Marz Homes

Casa di Torre at 121 Highway 8 in Stoney Creek, Hamilton, is a 126-suite residential building completed in 2022 by Branthaven Homes and Marz Homes. As of August 31, 2026, the tower is fully occupied with zero units currently listed for rent, representing a 0 percent availability rate. Three closed leases are recorded in the tracking period, including one in the trailing 30 days and one in the trailing 90 days, both at $1,900 per month with an average days-on-market of 76 for the most recent cohort and 51 across all tracked transactions.

With no active listings, current asking rents and per-square-foot rates cannot be calculated. Historical lease data shows an average realized rent of $1,900 per month at approximately 617 square feet, translating to roughly $3.10 per square foot across all tracked leases and $2.92 per square foot in the trailing 90-day cohort. The submarket asking benchmark sits at $2,180 per month and $3.01 per square foot, while the submarket realized lease average is $2,030 per month at $3.08 per square foot. Casa di Torre's historical realized rate of $3.10 per square foot runs 5.2 percent above the submarket lease benchmark, suggesting the building's compact 617-square-foot footprints command a modest density premium over the broader Stoney Creek market.

Marketing friction is minimal on the delisting side, with zero expired, terminated, or suspended listings recorded. However, the 76-day average DOM for the trailing 30-day lease exceeds the submarket benchmark of 38 days, indicating that even in a fully occupied tower, individual unit turnovers can take roughly double the market average to re-lease. Tenants who did negotiate secured an average concession of $33 per month, or 1.69 percent below asking, across all tracked closed transactions, with 66.7 percent of leases closing under the initial asking price. Renter options at this address are currently unavailable; prospective tenants should monitor the broader Stoney Creek submarket, which holds 33 active listings as of the reporting date.

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$1,950/mo
Date LeasedAugust 22, 2026
Rent psf$3.00/sf
Turnover Velocity76 Days
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 Casa di Torre (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$1,900
Avg Leased Size617 sf
Avg Days to Lease76d
Leased $/SF$2.92

Leased Transaction Insights & Questions

How many suites were leased at Casa di Torre last month, and how fast did they rent?

Casa di Torre recorded 1 closed lease in the trailing 30 days at a 76-day DOM, well above the Stoney Creek submarket benchmark of 38 days. The 90-day window also shows a single closing at the same 76-day DOM, while lifetime volume totals 3 leases with an average DOM of 51 days. Leasing turnover has effectively paused, with no acceleration between the 30-day, 90-day, and one-year windows. The building's 126-suite inventory shows zero active listings, indicating a fully occupied or fully withdrawn state rather than active leasing cadence.

What is the negotiation spread between asking rents and closed lease prices at Casa di Torre?

Casa di Torre tenants negotiated an average discount of $33 per month (1.69% below asking), translating to $396 in annual savings per unit. Two of three tracked leases—66.7%—closed under the listed asking price, confirming tenant-favorable leverage and landlord concession across this small sample. The remaining lease settled at or near asking, but the net direction is unambiguously a tenant discount rather than a landlord premium.

What are typical executed lease prices across different layouts at Casa di Torre?

Casa di Torre's sole leased layout is the 1-bedroom, accounting for 100% of all 3 tracked leases at an average of $1,900 per month and a 51-day average DOM. The median rent is $1,900 with a P25-P75 interquartile range of $1,875 to $1,925. Average suite size is 617 square feet at $3.10 per square foot. This represents a small sample of 3 closed leases and should be treated as a directional indicator only, not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Casa di Torre?

Casa di Torre parking premium data is inconclusive due to insufficient paired lease records across the 3 tracked transactions. No verified parking allocation or bundled monthly rate could be isolated from the available dataset. Active asking parking rates are similarly unreliable given zero active listings and an insufficient paired sample. Tenants should confirm parking terms and any associated fees directly with the leasing office before signing.

How does the lease-to-listing ratio at Casa di Torre reflect current tenant demand?

Casa di Torre rents ranged from $1,850 to $1,950 per month across the tracked spring-to-summer timeline, with per-square-foot rates compressing as suite footprints varied. April 2026 closed 1 deal at $1,850 per month ($3.36 per square foot) with a 44-day DOM. May 2026 closed 1 deal at $1,950 per month ($3.00 per square foot) with a 32-day DOM. August 2026 closed 1 deal at $1,900 per month ($2.92 per square foot) with a 76-day DOM. The nominal rent dip in August relative to May reflects a more compact suite footprint rather than property devaluation, as the per-square-foot rate fell while the dollar figure stayed near the lifetime midpoint.

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
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Chart Metrics
Max 2 Plotted
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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)
2026-04-27220256503.1210
2026-04-28220256503.1211
2026-04-29220256503.1212
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12-Month Market Dynamics & Trend Trajectory

Casa di Torre's realized average rent of $1,900 per month sits $130 below the Stoney Creek submarket average of $2,030, placing the building at a modest nominal discount to local benchmarks. On a per-square-foot basis, the lifetime average of $3.10 per square foot trades marginally above the submarket leased benchmark of $3.08 per square foot, while the most recent 30-day transaction at $2.92 per square foot falls below that reference. The building's 617-square-foot average suite is smaller than the submarket implied asking size of 724 square feet, which partially explains the lower nominal rent despite competitive per-square-foot pricing. Pricing discipline at Casa di Torre skews toward tenant leverage, with 66.7% of tracked leases closing below the listed asking price. The net negotiation spread averages a $33-per-month discount (1.69%), delivering $396 in annualized tenant savings per unit. Landlords conceded on price across the majority of transactions rather than holding firm at asking, a pattern consistent with a tenant-favorable micro-market where submarket inventory of 33 active listings provides alternative options for prospective renters.

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
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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)
2026-05-24119506503.0032
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-16119006502.9276

Nearby Building Rental Comparables & Price Spreads

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

Casa di Torre at 121 Highway 8 sits in a tight competitive pocket in Stoney Creek where two nearby buildings recorded active lease transactions over the trailing 180 days while two others serve as architectural references only. Florentine Place at 99 Donn Ave (0.28 km, completed 1989) closed one lease, and Tower at 2782 Barton St E (0.98 km, completed 2025) logged 18 closed leases. Carrington Place at 966 Queenston Rd (0.31 km, completed 1988) and 9 Jasper Drive (0.87 km, completed 1955) each recorded zero lease transactions in the same window, functioning as structural and amenity benchmarks rather than active pricing comparables. The active peer set spans a 36-year construction gap, from Florentine Place's 1989 build to Tower's 2025 delivery, while Casa di Torre's 2022 completion places it in the newer generation alongside Tower. The overall comp benchmark averages $2,149 per month, $2.54 per square foot, and 920 square feet across the two active buildings. Casa di Torre's realized lease of $1,900 per month on 617 square feet at $3.10 per square foot positions the subject below the comp average on total rent and footprint but above it on rate per square foot. Against the Stoney Creek submarket benchmark of $2,030 per month and $3.08 per square foot, the subject trades at a modest discount on nominal rent while carrying a slight premium on per-square-foot pricing, a pattern driven by its compact 617-square-foot suite format relative to the submarket's implied 724-square-foot average.

99 Donn Ave, Hamilton

Avg Asking$2,425/mo
Avg $/SF$2.11
Rent Spread:
N/A

9 Jasper Drive, Hamilton

Avg Asking$1,950/mo
Avg $/SF$1.95
Rent Spread:
N/A
Tower980 m

2782 Barton St E, Hamilton

Avg Asking$1,941/mo
Avg $/SF$3.05
Rent Spread:
N/A

75 Glenburn Crt, Hamilton

Avg Asking$2,200/mo
Avg $/SF$2.59
Rent Spread:
N/A

870 Queenston Road, Hamilton

Avg Asking$2,386/mo
Avg $/SF$2.72
Rent Spread:
N/A

259 & 261 King St, Hamilton

Avg Asking$1,950/mo
Avg $/SF$2.17
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Casa di Torre compare to neighbouring buildings within Stoney Creek?

Casa di Torre's average realized lease rent of $1,900 per month sits $249 below the overall comp benchmark of $2,149 and $130 below the Stoney Creek submarket average of $2,030. Florentine Place at 99 Donn Ave (0.28 km, one closed lease) recorded an average rent of $2,450 per month at $2.02 per square foot across 1,215 square feet, placing the subject $550 lower in nominal rent. Tower at 2782 Barton St E (0.98 km, 18 closed leases) averaged $1,848 per month at $3.05 per square foot over 625 square feet, meaning the subject commands a $52 higher monthly rent. Carrington Place at 966 Queenston Rd (0.31 km) and 9 Jasper Drive (0.87 km) each recorded zero closed leases over the trailing 180 days and therefore carry no realized rent benchmark for comparison.

Does Casa di Torre offer a competitive price-per-square-foot ($/SF) against local comparables?

Casa di Torre's leased rate of $3.10 per square foot on an average 617-square-foot suite positions the subject at a premium over both active competitors while delivering fewer interior square feet than either. Against Florentine Place, the subject trades at a $1.08 per square foot (53.5%) premium but provides 598 fewer interior square feet, meaning the $550 lower nominal rent is driven entirely by the smaller footprint rather than weaker asset valuation. Against Tower, the subject commands a $0.05 per square foot (1.6%) premium while providing 8 fewer interior square feet, a near-parity trade where the $52 higher monthly rent reflects a marginally tighter rate on an almost identical suite size. Tenants choosing between these options trade a larger, lower-rate-per-foot layout at Florentine Place for a compact, higher-rate-per-foot product at Casa di Torre, or accept a near-identical footprint at Tower for a $52 monthly saving.

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

Casa di Torre offers a nine-feature lifestyle package including a yoga studio, dining room and kitchen, media and theatre room, and concierge security that distinguishes it from both active competitors in this pocket. Florentine Place provides a sauna and steam room plus a games and billiards room that the subject does not carry, while Casa di Torre's yoga studio, dining room, and media room are absent from Florentine Place's amenity list. Tower at 2782 Barton St E includes an EV charging station, children's outdoor playground, and meeting room not found at the subject, whereas Casa di Torre's rooftop terrace, BBQ area, and concierge service overlap with Tower's offering. The subject's package—blending wellness (yoga studio), social dining, and media entertainment without a dedicated children's facility or EV infrastructure—best serves young professionals and couples in the 25-to-40 range who prioritize a curated social and fitness environment over family-oriented or commuter-focused amenities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Casa di Torre.

Building Amenities

  • Gym & Fitness Centre
  • Yoga Studio
  • Party & Lounge Room
  • Media & Theatre Room
  • Dining Room & Kitchen
  • Rooftop Terrace
  • BBQ Area
  • Garden & Courtyard
  • Concierge & Security

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Casa di Torre.

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.