Market Data as of August 31, 2026
The Palace — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Palace is a residential community located in Burlington, Ontario. Completed in 1998, the property features an estimated 234 suites. As of August 31, 2026, the market features 1 active rental listings averaging $2,400/month ($3.42/SF).
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at The Palace as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at The Palace recently?
There is currently 1 active rental listing available at 1270 Maple Crossing Blvd in Burlington. Over the past 30 days, availability has averaged 1 suites.
What floor plans and unit layouts are currently available at The Palace?
Current active inventory spans 1-bedroom floor plans.
What is the average asking rent and $/SF by suite size at The Palace?
Asking rents range across available layouts, averaging $2,400/month ($3.42/SF).
How much extra do parking spaces and dens cost at The Palace?
Landlords place an implied premium of $0/month for dedicated parking stalls and $0/month for suites with a den.
How do asking rents at The Palace compare to local and municipal benchmarks?
Asking rents at The Palace ($2,400/month) are 12.7% lower than the Burlington average ($2,751/month).
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 The Palace (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at The Palace last month, and how fast did they rent?
Over For the month of August 2026, 2 residential lease transactions closed at The Palace, leasing in an average of 29 days on market.
What is the negotiation spread between asking rents and closed lease prices at The Palace?
Completed lease contracts averaged $2,638/month, compared to active asking rents of $2,400/month, reflecting a spread of $237/month (9.0%).
What are typical executed lease prices across different layouts at The Palace?
Executed lease contracts averaged $2,638/month ($2.59/SF) across closed suites.
What measurable rent premium did suites with parking achieve in closed leases at The Palace?
Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.
How does the lease-to-listing ratio at The Palace reflect current tenant demand?
Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-12 | 1 | 2400 | 702 | 3.42 | N/A |
| 2026-06-13 | 1 | 2400 | 702 | 3.42 | 1 |
| 2026-06-14 | 1 | 2400 | 702 | 3.42 | 2 |
| 2026-06-15 | 1 | 2400 | 702 | 3.42 | 3 |
| 2026-06-16 | 1 | 2400 | 702 | 3.42 | 4 |
| 2026-06-17 | 1 | 2400 | 702 | 3.42 | 5 |
| 2026-06-18 | 1 | 2400 | 702 | 3.42 | 6 |
| 2026-06-19 | 1 | 2400 | 702 | 3.42 | 7 |
| 2026-06-20 | 1 | 2400 | 702 | 3.42 | 8 |
| 2026-06-21 | 1 | 2400 | 702 | 3.42 | 9 |
| 2026-06-22 | 1 | 2400 | 702 | 3.42 | 10 |
| 2026-06-23 | 1 | 2400 | 702 | 3.42 | 11 |
| 2026-06-24 | 1 | 2400 | 702 | 3.42 | 12 |
| 2026-06-25 | 1 | 2400 | 702 | 3.42 | 13 |
| 2026-06-26 | 1 | 2400 | 702 | 3.42 | 14 |
| 2026-06-27 | 2 | 2525 | 826 | 3.10 | 8 |
| 2026-06-28 | 2 | 2525 | 826 | 3.10 | 9 |
| 2026-06-29 | 2 | 2525 | 826 | 3.10 | 10 |
| 2026-06-30 | 2 | 2525 | 826 | 3.10 | 11 |
| 2026-07-01 | 2 | 2525 | 826 | 3.10 | 12 |
| 2026-07-02 | 2 | 2525 | 826 | 3.10 | 13 |
| 2026-07-03 | 2 | 2525 | 826 | 3.10 | 14 |
| 2026-07-04 | 2 | 2525 | 826 | 3.10 | 15 |
| 2026-07-05 | 2 | 2525 | 826 | 3.10 | 16 |
| 2026-07-06 | 2 | 2525 | 826 | 3.10 | 17 |
| 2026-07-07 | 2 | 2525 | 826 | 3.10 | 18 |
| 2026-07-08 | 2 | 2525 | 826 | 3.10 | 19 |
| 2026-07-09 | 2 | 2525 | 826 | 3.10 | 20 |
| 2026-07-10 | 2 | 2525 | 826 | 3.10 | 21 |
| 2026-07-11 | 2 | 2525 | 826 | 3.10 | 22 |
| 2026-07-12 | 2 | 2525 | 826 | 3.10 | 23 |
| 2026-07-13 | 2 | 2525 | 826 | 3.10 | 24 |
| 2026-07-14 | 2 | 2525 | 826 | 3.10 | 25 |
| 2026-07-15 | 2 | 2525 | 826 | 3.10 | 26 |
| 2026-07-16 | 2 | 2525 | 826 | 3.10 | 27 |
| 2026-07-17 | 2 | 2525 | 826 | 3.10 | 28 |
| 2026-07-18 | 2 | 2525 | 826 | 3.10 | 29 |
| 2026-07-19 | 2 | 2525 | 826 | 3.10 | 30 |
| 2026-07-20 | 2 | 2525 | 826 | 3.10 | 31 |
| 2026-07-21 | 2 | 2525 | 826 | 3.10 | 32 |
| 2026-07-22 | 2 | 2525 | 826 | 3.10 | 33 |
| 2026-07-23 | 2 | 2525 | 826 | 3.10 | 34 |
| 2026-07-24 | 2 | 2525 | 826 | 3.10 | 35 |
| 2026-07-25 | 2 | 2525 | 826 | 3.10 | 36 |
| 2026-07-26 | 3 | 2550 | 867 | 2.98 | 24 |
| 2026-07-27 | 3 | 2550 | 867 | 2.98 | 25 |
| 2026-07-28 | 3 | 2550 | 867 | 2.98 | 26 |
| 2026-07-29 | 3 | 2550 | 867 | 2.98 | 27 |
| 2026-07-30 | 2 | 2525 | 826 | 3.10 | 41 |
| 2026-07-31 | 2 | 2525 | 826 | 3.10 | 42 |
| 2026-08-01 | 2 | 2525 | 826 | 3.10 | 43 |
| 2026-08-02 | 2 | 2525 | 826 | 3.10 | 44 |
| 2026-08-03 | 2 | 2525 | 826 | 3.10 | 45 |
| 2026-08-04 | 2 | 2525 | 826 | 3.10 | 46 |
| 2026-08-05 | 2 | 2525 | 826 | 3.10 | 47 |
| 2026-08-06 | 2 | 2525 | 826 | 3.10 | 48 |
| 2026-08-07 | 2 | 2525 | 826 | 3.10 | 49 |
| 2026-08-08 | 2 | 2525 | 826 | 3.10 | 50 |
| 2026-08-09 | 2 | 2525 | 826 | 3.10 | 51 |
| 2026-08-10 | 2 | 2525 | 826 | 3.10 | 52 |
| 2026-08-11 | 2 | 2525 | 826 | 3.10 | 53 |
| 2026-08-12 | 2 | 2525 | 826 | 3.10 | 54 |
| 2026-08-13 | 2 | 2525 | 826 | 3.10 | 55 |
| 2026-08-14 | 2 | 2525 | 826 | 3.10 | 56 |
| 2026-08-15 | 2 | 2525 | 826 | 3.10 | 57 |
| 2026-08-16 | 2 | 2525 | 826 | 3.10 | 58 |
| 2026-08-17 | 2 | 2525 | 826 | 3.10 | 59 |
| 2026-08-18 | 1 | 2400 | 702 | 3.42 | 67 |
| 2026-08-19 | 1 | 2400 | 702 | 3.42 | 68 |
| 2026-08-20 | 3 | 2567 | 967 | 2.75 | 23 |
| 2026-08-21 | 3 | 2567 | 967 | 2.75 | 24 |
| 2026-08-22 | 3 | 2567 | 967 | 2.75 | 25 |
| 2026-08-23 | 3 | 2567 | 967 | 2.75 | 26 |
| 2026-08-24 | 3 | 2567 | 967 | 2.75 | 27 |
| 2026-08-25 | 1 | 2400 | 702 | 3.42 | 74 |
| 2026-08-26 | 1 | 2400 | 702 | 3.42 | 75 |
| 2026-08-27 | 1 | 2400 | 702 | 3.42 | 76 |
| 2026-08-28 | 1 | 2400 | 702 | 3.42 | 77 |
| 2026-08-29 | 1 | 2400 | 702 | 3.42 | 78 |
| 2026-08-30 | 1 | 2400 | 702 | 3.42 | 79 |
| 2026-08-31 | 1 | 2400 | 702 | 3.42 | 80 |
12-Month Market Dynamics & Trend Trajectory
Over the trailing 12-month period, rental market metrics at The Palace 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.
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.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-07-26 | 1 | 2600 | 950 | 2.74 | 4 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 1 | 2625 | 950 | 2.76 | 52 |
| 2026-08-23 | 1 | 2650 | 1100 | 2.41 | 5 |
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 The Palace with 6 tracked residential buildings in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at The Palace compare to neighbouring buildings within Downtown Burlington?
At $2,400/month ($3.42/SF), The Palace maintains a competitive market position compared to surrounding properties.
Does The Palace offer a competitive price-per-square-foot ($/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 The Palace and neighbouring options.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Palace.
Building Amenities
- Concierge & Security
- Outdoor Pool
- Indoor Pool
- Tennis & Pickleball Court
- Squash & Racquetball Court
- Gym & Fitness Centre
- Party & Lounge Room
- Meeting Room
- Library & Reading Room
- Hobby Room
- BBQ Area
- Games & Billiards Room
- Sauna & Steam Room
- Hot Tub & Jacuzzi
- Car Wash Bay
- Garden & Courtyard
- Rooftop Terrace
- Pet Wash Station
- Tanning Bed
Residential Buildings in the Vicinity
- Strata90 m
- Grande Regency93 m
- Maples237 m
- Illumina260 m
- Spencer's Landing516 m
- Harbourlights546 m
- Sands573 m
- Lakewinds618 m
- The Saxony Condominiums693 m
- Realm Condos706 m
- Realm Condos706 m
- Harbourview774 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Palace.
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.