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Market Data as of August 31, 2026

Forest Glen II — Rental Market Data

1966 Main St W, Hamilton, Ontario L8S 1J6
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
3-Bedroom+
2
$2,500

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1972
Total Suites116
DeveloperCatkey (Toronto) Construction Ltd.

Forest Glen II at 1966 Main St W in the Dundas neighborhood of Hamilton is an established residential building completed in 1972 by developer Catkey (Toronto) Construction Ltd. Comprising 10 floors with a total of 116 suites, the property currently maintains an active inventory of 2 units, translating to an availability rate of 1.7 percent. Recent leasing velocity shows 0 closed transactions in the past 30 days with an average days on market of null, while the preceding 90-day window recorded 1 lease with an average days on market of 36.

Active asking rent sits at a uniform $2,500 per month across current listings, yielding an average rate of $2.59 per square foot for an average suite size of 974 square feet. Realized 90-day leases averaged $2,850 per month at $2.59 per square foot for larger floor plans averaging 1,100 square feet. Current active inventory skews toward slightly more compact layouts compared to historical leases. The building's active asking rate per square foot tracks 22 percent below the Dundas submarket asking benchmark of $3.32 per square foot.

Marketing friction remains low, evidenced by closed days on market averaging 36 days and zero recorded delisted or expired listings. Tenants negotiating leases secured an average discount of $150 per month, representing a 5 percent concession below asking prices as 100 percent of recent leases closed under asking. Prospective renters face a constrained leasing environment featuring a small selection of 2 active 3-Bedroom+ units, with zero availability across all other bedroom tiers.

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Active Rental Inventory & Asking Rates

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

Active Units2
+1 (100.0%)
Avg Asking Rent$2,500
-$500 (16.7%)
Avg Suite Size974 sf
-126 sf (11.5%)
Avg Days on Market26d
-9d (25.7%)
Avg Asking $/SF$2.59
-$0.13 (4.9%)

Active Market Insights & Questions

How has rental availability changed at Forest Glen II recently?

Forest Glen II features 2 active listings as of August 31, 2026, with an asking price range spanning $2,500 to $2,500 per month, an average rent of $2,500 per month, and a median rent of $2,500 per month. Current listings average 974 square feet with an asking rate of $2.59 per square foot. The 3-Bedroom+ layout tier accounts for 100 percent of active inventory, meaning current availability consists exclusively of multi-bedroom family layouts.

What floor plans and unit layouts are currently available at Forest Glen II?

Forest Glen II is currently dominated by 3-Bedroom+ suites, which account for 2 active listings and a 100 percent share of active inventory. The 3-Bedroom+ tier features an average rent of $2,500 per month, an average size of 974 square feet, and an asking rate of $2.59 per square foot across a small selection of available units.

What is the average asking rent and $/SF by suite size at Forest Glen II?

Forest Glen II lists active inventory with a minimum entry rent of $2,500 per month and a peak asking rent of $2,500 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. Median asking rent rests at $2,500 per month. The entry-level suite consists of a 3-Bedroom+ layout spanning 875 square feet at $2.86 per square foot, while the peak suite comprises a 3-Bedroom+ layout spanning 1,073 square feet at $2.33 per square foot.

How much extra do parking spaces and dens cost at Forest Glen II?

Forest Glen II active den premium data is unavailable, as active den square footage deltas and marginal price differences are unquantified. Active parking stall costs cannot be reliably isolated due to insufficient paired sample data.

How do asking rents at Forest Glen II compare to local and municipal benchmarks?

Forest Glen II asks an average of $2,500 per month at $2.59 per square foot, comparing to the Dundas submarket asking benchmark of $2,352 per month at $3.32 per square foot. The higher nominal asking rent at the building is driven by larger average suite footprints rather than inflated unit pricing. The building's asking rate per square foot sits 22 percent below the submarket average, while the property accounts for 3.3 percent of the 61 active listings across the 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)
2026-06-041300011002.73N/A
2026-06-051300011002.731
2026-06-061300011002.732
2026-06-071300011002.733
2026-06-081300011002.734
2026-06-091300011002.735
2026-06-101300011002.736
2026-06-111300011002.737
2026-06-121300011002.738
2026-06-131300011002.739
2026-06-141300011002.7310
2026-06-151300011002.7311
2026-06-161300011002.7312
2026-06-171300011002.7313
2026-06-181300011002.7314
2026-06-191300011002.7315
2026-06-201300011002.7316
2026-06-211300011002.7317
2026-06-221300011002.7318
2026-06-231300011002.7319
2026-06-241300011002.7320
2026-06-251300011002.7321
2026-06-261300011002.7322
2026-06-271300011002.7323
2026-06-281300011002.7324
2026-06-291300011002.7325
2026-06-301300011002.7326
2026-07-011300011002.7327
2026-07-021300011002.7328
2026-07-031300011002.7329
2026-07-041300011002.7330
2026-07-051300011002.7331
2026-07-061300011002.7332
2026-07-071300011002.7333
2026-07-081300011002.7334
2026-07-091300011002.7335
2026-08-05225009742.59N/A
2026-08-06225009742.591
2026-08-07225009742.592
2026-08-08225009742.593
2026-08-09225009742.594
2026-08-10225009742.595
2026-08-11225009742.596
2026-08-12225009742.597
2026-08-13225009742.598
2026-08-14225009742.599
2026-08-15225009742.5910
2026-08-16225009742.5911
2026-08-17225009742.5912
2026-08-18225009742.5913
2026-08-19225009742.5914
2026-08-20225009742.5915
2026-08-21225009742.5916
2026-08-22225009742.5917
2026-08-23225009742.5918
2026-08-24225009742.5919
2026-08-25225009742.5920
2026-08-26225009742.5921
2026-08-27225009742.5922
2026-08-28225009742.5923
2026-08-29225009742.5924
2026-08-30225009742.5925
2026-08-31225009742.5926

12-Month Market Dynamics & Trend Trajectory

Forest Glen II has established a lifetime leasing history anchored by 1 total closed transaction with an average monthly rent of $2,850 per month and an average rate of $2.59 per square foot. Suites feature an expansive average size of 1,100 square feet and a lifetime days on market average of 36 days, reflecting standard tenant turnover for multi-bedroom inventory in the Dundas submarket. Pricing discipline at the building exhibits distinct tenant-favorable leverage across active negotiations. With 100.0% of transactions closing below initial asking prices, prospective renters successfully captured an average monthly discount of $150 per month, translating to $1,800 in annual tenant savings and confirming that landlords faced moderate pushback on price.

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)
2026-07-051285011002.5936

Nearby Building Rental Comparables & Price Spreads

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

Forest Glen II at 1966 Main St W is evaluated alongside a localized competitive set on Main Street West in Hamilton's Dundas submarket, featuring established mid-rise developments built between 1972 and 2002. Direct competitors include Forest Glen III at 1968 Main St W (located 0.07 km away, built in 1972, with 2 active listings), Forest Glen I at 1964 Main St W (located 0.08 km away, built in 1972, with 2 active listings), 1950 Main West at 1950 Main St W (located 0.13 km away, built in 1999, with 4 active listings), and Valley Park at 1770 Main St W (located 0.61 km away, built in 2002, with 0 active listings). Across this micro-market, the overall comparable benchmark sits at an average rent of $2,376 per month, an average rate of $2.72 per square foot, and an average suite size of 892 square feet. Forest Glen II positions itself with larger, mature floor plans that trade at competitive per-square-foot metrics relative to newer construction benchmarks, offering favorable space-to-rent value within the Dundas rental pool.

1968 Main St W, Hamilton

Avg Asking$2,719/mo
Avg $/SF$2.53
Rent Spread:
+$219/mo (+8.8%) Higher

1964 Main St W, Hamilton

Avg Asking$2,801/mo
Avg $/SF$2.82
Rent Spread:
+$301/mo (+12.0%) Higher

1950 Main St W, Hamilton

Avg Asking$1,977/mo
Avg $/SF$2.75
Rent Spread:
-$523/mo (-20.9%) Lower

57 Mericourt Road, Hamilton

Avg Asking$1,950/mo
Avg $/SF$2.60
Rent Spread:
-$550/mo (-22.0%) Lower

37 Mericourt Road, Hamilton

Avg Asking$1,968/mo
Avg $/SF$3.17
Rent Spread:
-$532/mo (-21.3%) Lower
2 Grant1.1 km

2 Grant Boulevard, Hamilton

Avg Asking$1,400/mo
Avg $/SF$3.04
Rent Spread:
-$1,100/mo (-44.0%) Lower

Comparable Analysis & Questions

How do rental rates at Forest Glen II compare to neighbouring buildings within Dundas?

Forest Glen II commands an average lease rent of $2,850 per month, trading above the overall comparable micro-market average of $2,376 per month due to its spacious multi-bedroom layouts. Individual competitor benchmarks include Forest Glen III at 1968 Main St W with an average lease rent of $2,663 per month ($2.43 per square foot across an average of 1,096 square feet), Forest Glen I at 1964 Main St W with an average lease rent of $2,603 per month ($2.98 per square foot across an average of 900 square feet), and 1950 Main West at 1950 Main St W with an average lease rent of $1,863 per month ($2.75 per square foot across an average of 679 square feet). Valley Park at 1770 Main St W currently maintains zero active lease transactions in the reporting period.

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

Forest Glen II establishes its value proposition through a realized rate of $2.59 per square foot across an average suite size of 1,100 square feet, offering a competitive per-square-foot cost relative to the submarket average asking rate of $3.32 per square foot. Renters at Forest Glen II trade modern construction finishes for significantly larger interior square footages, capturing traditional multi-bedroom layouts that are rare in newer builds. For instance, while 1950 Main West provides smaller 679-square-foot units at $2.75 per square foot, Forest Glen II delivers expansive 1,100-square-foot layouts that lower the effective cost per square foot while maintaining comfortable living volumes.

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

Forest Glen II delivers a robust wellness and recreational lifestyle profile, featuring an indoor pool, a sauna and steam room, a gym and fitness centre, a party and lounge room, and concierge and security services. When contrasted with neighbouring peers, Forest Glen II matches the comprehensive recreational offerings found at Forest Glen III (1968 Main St W) and Forest Glen I (1964 Main St W)—both of which share features like indoor pools, fitness facilities, and tennis courts—while significantly outpacing the basic shared laundry and lounge spaces provided by newer infill options like 1950 Main West (1950 Main St W). This amenity-rich environment particularly serves families and longer-term renters seeking comprehensive on-site wellness and social infrastructure.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Forest Glen II.

Building Amenities

  • Indoor Pool
  • Sauna & Steam Room
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Games & Billiards Room
  • Hobby Room
  • Shared Laundry Room
  • BBQ Area
  • Concierge & Security

Data Methodology & Analytical Standards

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

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.