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Market Data as of August 31, 2026

Olympia — Rental Market Data

150 Charlton Ave E, Hamilton, Ontario L8N 3X3
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,150/mo
Date Leased: August 28, 2026
Rent psf$2.23/sf
Turnover Velocity16 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1975
Total Suites241
DeveloperSchien Construction Ltd.

Olympia, located at 150 Charlton Ave E in the Central Hamilton submarket, is an established 241-suite residential building completed in 1975 by Schien Construction Ltd. Currently, there are zero active listings, resulting in an availability rate of 0%. The property recorded 5 closed leases over the past 90 days with an average days on market of 60 days, alongside 3 closed leases in the past 30 days averaging 59 days on market.

Active asking rent, median asking rent, and rate per square foot cannot be calculated due to a complete lack of current inventory, though realized 90-day leases averaged $1,790 per month at an average rate of $3.18 per square foot. Historical leases achieved an average size of 653 square feet. The submarket asking benchmark currently sits at $2,026 per month with an average asking rate of $2.94 per square foot.

Marketing friction for past transactions shows an average closed days on market of 60 days, with 60.0% of leases closing below asking price as tenants secured an average monthly discount of $190 or 8.77% off the listed rate. There are zero units currently available across all layout tiers, leaving prospective renters with no active inventory selection at this time.

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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$2,150/mo
Date LeasedAugust 28, 2026
Rent psf$2.23/sf
Turnover Velocity16 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 Olympia (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$1,933
Avg Leased Size653 sf
Avg Days to Lease59d
Leased $/SF$2.67

Leased Transaction Insights & Questions

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

Olympia recorded a 30-day average days on market of 59 days, a 90-day average days on market of 60 days, and a submarket benchmark days on market of 45 days. Leasing turnover accelerated over the summer months with 3 closed leases in the last 30 days compared to 5 total closed leases across the 90-day and 1-year tracking periods.

What is the negotiation spread between asking rents and closed lease prices at Olympia?

Olympia transactions settled at an average monthly discount of $190 per month, which represents an 8.77% reduction below asking price and annual tenant savings of $2,280 per year. With 60.0% of leases closing under asking, market leverage favored incoming tenants through landlord concessions.

What are typical executed lease prices across different layouts at Olympia?

Olympia's highest-volume anchor layouts were 1-bedroom and 2-bedroom suites. One-bedroom suites recorded 3 closed deals with an average monthly rent of $1,567 per month, a median of $1,550 per month, a P25-P75 range of $1,550 to $1,575 per month, an average size of 400 square feet, a rate of $3.92 per square foot, and an average days on market of 74, representing a limited sample size. Two-bedroom suites recorded 2 closed deals with an average monthly rent of $2,125 per month, a median of $2,125 per month, a P25-P75 range of $2,112 to $2,138 per month, an average size of 1,033 square feet, a rate of $2.07 per square foot, and an average days on market of 38, representing a limited sample size.

What measurable rent premium did suites with parking achieve in closed leases at Olympia?

Olympia parking data showed insufficient paired data to isolate a distinct realized leased parking premium per month. Suite bundling patterns indicate that parking stall details were either absorbed into base rent agreements or lacked separate line-item values in public leasing records. Active asking parking rates remained inconclusive due to a lack of standalone data.

How does the lease-to-listing ratio at Olympia reflect current tenant demand?

Olympia overall rent trajectory shifted upward across the tracked monthly timeline as larger suites entered the leasing pool. July 2026 recorded 2 closed deals with an average rent of $1,575 per month, a rate of $3.94 per square foot, and 61 days on market. August 2026 recorded 3 closed deals with an average rent of $1,933 per month, a rate of $2.67 per square foot, and 59 days on market.

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)
2026-04-27117004004.2513
2026-04-28117004004.2514
2026-04-29117004004.2515
2026-04-30117004004.2516
2026-05-01117004004.2517
2026-05-02117004004.2518
2026-05-03117004004.2519
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2026-05-07117004004.2523
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2026-05-10117004004.2526
2026-05-11117004004.2527
2026-05-12117004004.2528
2026-05-13117004004.2529
2026-05-14117004004.2530
2026-05-15117004004.2531
2026-05-16117004004.2532
2026-05-17117004004.2533
2026-05-18117004004.2534
2026-05-19216254004.0618
2026-05-20216254004.0619
2026-05-21216254004.0620
2026-05-22216254004.0621
2026-05-23216254004.0622
2026-05-24216254004.0623
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2026-06-05319506333.5023
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2026-07-06519305404.0032
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2026-07-10519305404.0036
2026-07-11519305404.0037
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2026-07-17519305404.0043
2026-07-18519305404.0044
2026-07-19519305404.0045
2026-07-20519305404.0046
2026-07-21419885753.9335
2026-07-22419885753.9336
2026-07-23419885753.9337
2026-07-24419885753.9338
2026-07-25419885753.9339
2026-07-26419885753.9340
2026-07-27419885753.9341
2026-07-28419885753.9342
2026-07-29419885753.9343
2026-07-30220757503.1264
2026-07-31220757503.1265
2026-08-01220757503.1266
2026-08-02220757503.1267
2026-08-03220757503.1268
2026-08-04115504003.8877
2026-08-05115504003.8878
2026-08-06115504003.8879
2026-08-07115504003.8880
2026-08-08115504003.8881
2026-08-09115504003.8882
2026-08-10115504003.8883
2026-08-11115504003.8884
2026-08-12218506833.0543
2026-08-13218506833.0544
2026-08-14218506833.0545
2026-08-15218506833.0546
2026-08-16218506833.0547
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2026-08-20218506833.0551
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2026-08-22218506833.0553
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2026-08-24218506833.0555
2026-08-25218506833.0556
2026-08-26218506833.0557
2026-08-27121509662.2315

12-Month Market Dynamics & Trend Trajectory

Olympia recorded a lifetime leasing volume of 5 total closed transactions with an average monthly rent of $1,790 per month, an average rate of $3.18 per square foot, an average suite size of 653 square feet, and an average days on market of 60 days. Tenant turnover remained steady as the building maintained consistent occupancy across its residential footprint. Pricing discipline favored incoming occupants as 60.0% of transactions closed below asking price. Tenants secured an average monthly discount of $190 per month, representing an 8.77% concession from landlords and total annual savings of $2,280 per year.

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
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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)
2026-07-19115504003.8898
2026-07-26116004004.0024
2026-08-021210011001.9160
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23218506833.0558

Nearby Building Rental Comparables & Price Spreads

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

Olympia, located at 150 Charlton Ave E, anchors the Central Hamilton micro-market alongside nearby competitors including St. Joseph's Apartments at 118 St Josephs Drive (0.13 km away, completed in 1948, with 1 active listing), 125 Forest Avenue at 125 Forest Avenue (0.15 km away, completed in 1964, with 0 active listings), The Clifton at 81 Charlton Ave E (0.18 km away, completed in 1997, with 0 active listings), and The Crofts at 141 Catharine Street S (0.3 km away, completed in 1998, with 0 active listings). This competitive set spans several architectural generations, contrasting the mid-century structural profile of the building's 1975 completion year against older stock like St. Joseph's Apartments and newer late-century builds like The Clifton and The Crofts. Evaluating overall comparable benchmarks reveals an average comp rent of $1,229 per month, an average rate of $3.32 per square foot, and an average suite size of 370 square feet across the immediate vicinity. Olympia stands out in this micro-market for its substantial scale of 241 suites and larger average footprint of 653 square feet, achieving a leased average rent of $1,790 per month at $3.18 per square foot. While older competitors like St. Joseph's Apartments command a slightly higher rate per square foot ($3.32 per square foot), Olympia's mid-70s construction delivers significantly larger interior square footage, positioning the property as a competitively priced, spacious alternative within Central Hamilton.

118 St Josephs Drive, Hamilton

Avg Asking$1,327/mo
Avg $/SF$3.25
Rent Spread:
N/A

125 Forest Avenue, Hamilton

Avg Asking$1,627/mo
Avg $/SF$2.18
Rent Spread:
N/A

81 Charlton Ave E, Hamilton

Avg Asking$1,800/mo
Avg $/SF$2.90
Rent Spread:
N/A

141 Catharine Street S, Hamilton

Avg Asking$1,663/mo
Avg $/SF$3.41
Rent Spread:
N/A

158 Wellington Street S, Hamilton

Avg Asking$1,750/mo
Avg $/SF$3.50
Rent Spread:
N/A

325a James Street S, Hamilton

Avg Asking$1,678/mo
Avg $/SF$2.73
Rent Spread:
N/A

Comparable Analysis & Questions

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

Olympia achieves an average lease rent of $1,790 per month, which compares against the overall competitive average of $1,229 per month across nearby properties such as St. Joseph's Apartments, 125 Forest Avenue, The Clifton, and The Crofts. St. Joseph's Apartments, located at 118 St Josephs Drive, reported 1 closed lease with an average rent of $1,229 per month, a rate of $3.32 per square foot, and an average square footage of 370 square feet. 125 Forest Avenue, located at 125 Forest Avenue, features 0 active listings and no reported closed lease metrics during the tracking period. The Clifton, located at 81 Charlton Ave E, maintains 0 active listings with no current lease data available. Similarly, The Crofts, located at 141 Catharine Street S, records 0 active listings and no reported lease transactions in the dataset.

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

Olympia establishes its value proposition by offering a competitive leased rate of $3.18 per square foot across an average suite size of 653 square feet, positioning itself favorably against micro-market alternatives and the submarket average of $3.09 per square foot. Renters evaluating Olympia versus St. Joseph's Apartments (located at 118 St Josephs Drive, which leases at $3.32 per square foot across 370 square feet) trade a slightly higher absolute monthly rent for significantly more interior space, as Olympia provides 283 more square feet than St. Joseph's Apartments while trading at a $0.14 per square foot (4.2%) discount. Compared against unpriced neighboring properties like 125 Forest Avenue, The Clifton (81 Charlton Ave E), and The Crofts (141 Catharine Street S), Olympia's larger 1975 floor plans deliver superior space efficiency and lower capital outlays per square foot than typical modern compact developments.

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

Olympia delivers an extensive, club-style lifestyle and amenity profile that outpaces many surrounding historical alternatives in Central Hamilton. Residents enjoy signature features including a Concierge & Security desk, an Indoor Pool, a Gym & Fitness Centre, a Rooftop Terrace, and a Sauna & Steam Room. When contrasted with St. Joseph's Apartments at 118 St Josephs Drive—which is limited to basic Concierge & Security and a Shared Laundry Room—Olympia provides a far more comprehensive recreational program. Furthermore, while competitors like The Clifton offer outdoor children's playgrounds and gardens, and The Crofts includes a rooftop terrace and gym, Olympia consolidates a full suite of wellness, social, and convenience amenities under one roof, including squash courts, a games room, a media room, and an on-site convenience store. This robust amenity package primarily serves professionals and downsizers seeking comprehensive building facilities without leaving the Central Hamilton core.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Olympia.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Indoor Pool
  • Sauna & Steam Room
  • Squash & Racquetball Court
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Media & Theatre Room
  • Rooftop Terrace
  • On-site Convenience Store

Data Methodology & Analytical Standards

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

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.