Bristol on Main - Building IV — Rental Market Data

Bristol on Main – Building IV has one active listing as of August 31, 2026, asking $2,489 per month with both the average and median rent at $2,489. The available suite spans 750 square feet at an asking rate of $3.32 per square foot. This single listing is a one-bedroom-plus-den layout, representing 100 percent of current active inventory, and positions the building's available stock squarely in the compact entry-level tier rather than multi-bedroom executive configurations.

The sole active layout at Bristol on Main – Building IV is a one-bedroom-plus-den unit, accounting for 100 percent of available inventory with one listing. That suite averages 750 square feet at $2,489 per month and $3.32 per square foot. No two-bedroom, three-bedroom, or studio tiers are currently on the market, leaving renters with a single configuration option in this building.

Bristol on Main – Building IV shows a minimum and maximum asking rent of $2,489 per month, producing a dollar spread of zero and a percentage spread of zero percent. The entry-level and peak suite are the same unit: a one-bedroom-plus-den at 750 square feet and $3.32 per square foot. With only one listing active, there is no internal price gradient to compare, and the median asking rent of $2,489 reflects the entire available inventory.

Den premium and square-footage delta figures for Bristol on Main – Building IV cannot be reliably quantified from the current single-listing sample, as no paired comparison between den and non-den suites is available. Parking stall costs likewise cannot be isolated; the data set flags the parking premium as an unreliable outlier or insufficient paired sample, so no specific monthly figure can be quoted for a verified parking add-on.

Bristol on Main – Building IV asks $2,489 per month at $3.32 per square foot, compared to the Milton submarket average asking rent of $2,483 and asking rate of $3.57 per square foot. The building's nominal rent is essentially at parity with the submarket, while its per-square-foot rate runs 7 percent below the broader asking benchmark, a gap explained by the 750-square-foot suite exceeding the submarket implied average of 696 square feet. This one listing represents 1 out of 44 active listings in the Milton submarket, a share of roughly 2.3 percent.

Bristol on Main – Building IV's all-time average realized lease rent of $2,850 per month exceeds the overall comp benchmark of $2,150 by $700, a premium driven entirely by its substantially larger suite footprint rather than a higher per-square-foot rate. Bristol on Main – Building V at 1370 Main St E (0.06 km, one closed lease in the past 180 days) averaged $2,100 per month at $3.23 per square foot across 650 square feet, meaning the subject commands a $750 higher monthly rent. Bristol on Main – Building II at 1360 Main St E (0.12 km, three closed leases) averaged $2,200 per month at $3.21 per square foot across 683 square feet, placing the subject $650 above that realized figure. Bristol on Main – Building III (1340 Main St E, 0.09 km) and Bristol on Main – Building VI (1390 Main St E, 0.13 km) each recorded zero closed leases over the trailing 180 days and therefore carry no realized rent benchmark against which to compare the subject.

Bristol on Main – Building IV leases at $2.40 per square foot across an average 1,200-square-foot suite, a rate that sits at a discount to both active nearby alternatives and the Milton submarket leased benchmark of $3.30 per square foot, while the total monthly outlay is higher because the interior footprint is roughly double that of its peers. Against Bristol on Main – Building V (0.06 km, one closed lease), the subject trades at a $0.83 per square foot (25.7%) discount yet provides 550 more interior square feet, so the $750 higher nominal rent is a function of space volume, not a premium on asset quality. Against Bristol on Main – Building II (0.12 km, three closed leases), the subject offers a $0.81 per square foot (25.2%) discount and 517 additional square feet, producing a $650 higher monthly figure that a renter should read as buying significantly more living area at a lower unit rate. In both cases the rent differential is a footprint trade-off: the subject delivers a 3-bedroom-plus product at a per-square-foot price well below its compact 1- and 2-bedroom neighbours, making it the value play for households that need space without paying a luxury per-foot premium.

Bristol on Main – Building IV offers a seven-item amenity suite—BBQ area, car wash bay, concierge and security, games and billiards room, gym and fitness centre, meeting room, and party and lounge room—that is functionally identical to its sister towers except for one notable gap. Bristol on Main – Building II (1360 Main St E) and Bristol on Main – Building VI (1390 Main St E) each include a pet wash station that the subject does not carry, giving those two buildings a small but tangible edge for renters with dogs or cats who want on-site grooming access. Beyond that single differentiator, the lifestyle package across all four buildings is uniform: shared fitness, social, remote-work, and convenience infrastructure with no aquatic, spa, or rooftop features in any of the towers. The absence of a pet wash station is the only amenity a tenant would be trading away by choosing Building IV over Buildings II or VI, and for the primary demographic this building serves—families and multi-person households seeking large, affordable-per-foot 3-bedroom-plus layouts with full concierge, gym, and social facilities in Milton's Main Street corridor—the omission is a minor convenience rather than a lifestyle gap.