Market Data as of August 31, 2026
Gallery Condos + Lofts — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Gallery Condos + Lofts at 2007 James Street in Downtown Burlington, developed by Carriage Gate Homes and completed in 2023, holds 156 suites with two active listings representing a 1.3 percent availability rate. The building recorded one closed lease in the past 30 days at an average of 13 days on market and five leases over the trailing 90 days averaging 24 days on market.
Both active units are asking $9,000 per month for 635 square feet, equating to $14.17 per square foot, a rate that sits far above the 90-day realized lease average of $3,174 per month at $3.93 per square foot and well above the Downtown Burlington submarket asking benchmark of $4.25 per square foot. The current listings are also notably more compact than the 879-square-foot average suite that closed over the past year, meaning the elevated per-square-foot rate is compounded by a smaller footprint rather than reflecting a premium on comparable unit sizes. Data confidence on this active sample is low given the two-unit sample and the extreme divergence from realized lease pricing.
Marketing friction is minimal in the short term: the single 30-day lease closed in 13 days, and 71.4 percent of all recorded leases closed at or below asking, with tenants securing an average discount of $139 per month, roughly 3.84 percent below the listed rate. No units were delisted, expired, or suspended during the tracking period. Active inventory is concentrated entirely in the two-bedroom-plus-den tier, offering a small selection of two identical 635-square-foot suites with no one-bedroom or studio options currently on the market.
Get Monthly Rental Market Updates for Gallery Condos + Lofts
Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.
Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Gallery Condos + Lofts as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Gallery Condos + Lofts recently?
Gallery Condos + Lofts carries two active listings as of August 31, 2026, both priced at $9,000 per month, yielding an average and median asking rent of $9,000 with a zero-dollar spread. Each unit measures 635 square feet at an asking rate of $14.17 per square foot, and the entire active inventory is composed of two-bedroom-plus-den layouts, representing a 100 percent share. The current availability leans toward compact executive suites rather than entry-level one-bedroom or studio configurations, with no smaller-format units on the market.
What floor plans and unit layouts are currently available at Gallery Condos + Lofts?
The dominant and sole active layout at Gallery Condos + Lofts is the two-bedroom-plus-den, accounting for both listings and a 100 percent share of available inventory. Each unit averages 635 square feet at $9,000 per month, translating to $14.17 per square foot, with no one-bedroom, studio, or three-bedroom tiers currently listed. The small two-unit sample limits comparability within the tier, but both suites are identical in size and pricing.
What is the average asking rent and $/SF by suite size at Gallery Condos + Lofts?
Gallery Condos + Lofts shows a zero-dollar and zero-percent asking spread, as both active listings are priced identically at $9,000 per month. The entry-level and peak suites are the same configuration: a two-bedroom-plus-den measuring 635 square feet at $14.17 per square foot. With no price differentiation across the active inventory, renters face a single price point with no tiered entry option.
How much extra do parking spaces and dens cost at Gallery Condos + Lofts?
Gallery Condos + Lofts does not have a quantified den premium or square-footage delta isolating the cost of the den component from the base two-bedroom configuration. Active parking premiums also cannot be reliably isolated from current listings due to an insufficient paired sample, and no verified parking stall cost is available from historical lease records. Renters should request itemized parking and amenity fees directly from the leasing office before committing.
How do asking rents at Gallery Condos + Lofts compare to local and municipal benchmarks?
Gallery Condos + Lofts is asking $9,000 per month at $14.17 per square foot, compared to the Downtown Burlington submarket average asking rent of $2,988 per month and $4.25 per square foot, placing the building's per-square-foot rate 233.4 percent above the submarket asking benchmark. The nominal monthly outlay is elevated both by the higher per-square-foot rate and by the fact that the 635-square-foot active suites are smaller than the submarket's typical lease size, so the premium is not offset by additional space. The building's two active listings represent approximately 4.7 percent of the 43 total active listings across Downtown Burlington.
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 Gallery Condos + Lofts (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Gallery Condos + Lofts last month, and how fast did they rent?
Gallery Condos + Lofts at 2007 James St in Burlington closed leases in 13 days on average over the past 30 days, compared to a 24-day average over 90 days and a lifetime average of 25 days, all well ahead of the Downtown Burlington submarket benchmark of 30 days. The building recorded one closed lease in the trailing 30 days, five over 90 days, and seven over the full tracked year, indicating leasing turnover accelerated meaningfully into late summer after a quiet spring. The jump from one deal in April to four in July marks a clear seasonal pickup in tenant activity.
What is the negotiation spread between asking rents and closed lease prices at Gallery Condos + Lofts?
Gallery Condos + Lofts tenants negotiated an average discount of $139 per month (3.84% below asking), saving them $1,668 per year in annualized concessions. Seventy-one point four percent of all closed leases settled under the listed asking price, confirming consistent tenant leverage in this building. Landlords at 2007 James St absorbed a measurable pushback on price across the majority of transactions, making this a tenant-favorable negotiation environment.
What are typical executed lease prices across different layouts at Gallery Condos + Lofts?
The 2-bedroom layout anchors Gallery Condos + Lofts with five closed leases averaging $3,879 per month and 26 days on market, while the 1-bedroom tier recorded two deals at an average of $2,238 per month over 24 days. The 2-bedroom sample is a statistically robust benchmark: median rent sits at $3,900, the P25-P75 range spans $3,600 to $4,100, average suite size is 998 square feet, and the realized rate works out to $3.87 per square foot. The 1-bedroom tier is a limited sample of only two closed leases and should be treated as a directional indicator: median rent is $2,238, the P25-P75 range runs $2,156 to $2,319, average size is 582 square feet, and the rate per square foot is $3.86.
What measurable rent premium did suites with parking achieve in closed leases at Gallery Condos + Lofts?
Gallery Condos + Lofts does not have sufficient paired lease data to isolate a reliable parking premium, so no monthly parking figure can be quoted with confidence. The building's active listings also show unreliable parking outliers, preventing a clean comparison between realized and asking parking values. Tenants should negotiate parking terms directly with the landlord, as bundled inclusion versus standalone pricing is not yet established in the closed-lease record.
How does the lease-to-listing ratio at Gallery Condos + Lofts reflect current tenant demand?
Gallery Condos + Lofts rents trended downward from spring through late summer, falling from $4,100 in April to $3,000 by August. In April, one lease closed at an average of $4,100 per month, $3.73 per square foot, after 50 days on market. May saw one deal at $3,900 per month, $3.71 per square foot, with just 7 days on market. July brought the heaviest volume with four leases averaging $3,218 per month, $3.98 per square foot, and 27 days on market. August closed one lease at $3,000 per month, $3.75 per square foot, after 13 days on market.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 2 | 4500 | 1076 | 4.19 | 47 |
| 2026-04-28 | 3 | 4300 | 1067 | 4.03 | 32 |
| 2026-04-29 | 3 | 4300 | 1067 | 4.03 | 33 |
| 2026-04-30 | 1 | 3900 | 1051 | 3.71 | 2 |
| 2026-05-01 | 1 | 3900 | 1051 | 3.71 | 3 |
| 2026-05-02 | 1 | 3900 | 1051 | 3.71 | 4 |
| 2026-05-03 | 1 | 3900 | 1051 | 3.71 | 5 |
| 2026-05-04 | 1 | 3900 | 1051 | 3.71 | 6 |
| 2026-05-29 | 1 | 3795 | 939 | 4.04 | N/A |
| 2026-05-30 | 1 | 3795 | 939 | 4.04 | 1 |
| 2026-05-31 | 1 | 3795 | 939 | 4.04 | 2 |
| 2026-06-01 | 1 | 3795 | 939 | 4.04 | 3 |
| 2026-06-02 | 1 | 3795 | 939 | 4.04 | 4 |
| 2026-06-03 | 1 | 3795 | 939 | 4.04 | 5 |
| 2026-06-04 | 2 | 3123 | 795 | 3.91 | 3 |
| 2026-06-05 | 2 | 3123 | 795 | 3.91 | 4 |
| 2026-06-06 | 2 | 3123 | 795 | 3.91 | 5 |
| 2026-06-07 | 2 | 3123 | 795 | 3.91 | 6 |
| 2026-06-08 | 2 | 3123 | 795 | 3.91 | 7 |
| 2026-06-09 | 2 | 3123 | 795 | 3.91 | 8 |
| 2026-06-10 | 2 | 3123 | 795 | 3.91 | 9 |
| 2026-06-11 | 2 | 3123 | 795 | 3.91 | 10 |
| 2026-06-12 | 2 | 3123 | 795 | 3.91 | 11 |
| 2026-06-13 | 2 | 3123 | 795 | 3.91 | 12 |
| 2026-06-14 | 2 | 3123 | 795 | 3.91 | 13 |
| 2026-06-15 | 2 | 3123 | 795 | 3.91 | 14 |
| 2026-06-16 | 2 | 3123 | 795 | 3.91 | 15 |
| 2026-06-17 | 2 | 3123 | 795 | 3.91 | 16 |
| 2026-06-18 | 2 | 3123 | 795 | 3.91 | 17 |
| 2026-06-19 | 2 | 3123 | 795 | 3.91 | 18 |
| 2026-06-20 | 3 | 3680 | 897 | 4.05 | 13 |
| 2026-06-21 | 3 | 3680 | 897 | 4.05 | 14 |
| 2026-06-22 | 2 | 4295 | 1021 | 4.20 | 13 |
| 2026-06-23 | 3 | 3713 | 897 | 4.11 | 9 |
| 2026-06-24 | 4 | 3310 | 801 | 4.10 | 8 |
| 2026-06-25 | 4 | 3310 | 801 | 4.10 | 9 |
| 2026-06-26 | 4 | 3310 | 801 | 4.10 | 10 |
| 2026-06-27 | 4 | 3310 | 801 | 4.10 | 11 |
| 2026-06-28 | 4 | 3310 | 801 | 4.10 | 12 |
| 2026-06-29 | 4 | 3310 | 801 | 4.10 | 13 |
| 2026-06-30 | 4 | 3310 | 801 | 4.10 | 14 |
| 2026-07-01 | 4 | 3310 | 801 | 4.10 | 15 |
| 2026-07-02 | 4 | 3310 | 801 | 4.10 | 16 |
| 2026-07-03 | 4 | 3310 | 801 | 4.10 | 17 |
| 2026-07-04 | 4 | 3310 | 801 | 4.10 | 18 |
| 2026-07-05 | 4 | 3310 | 801 | 4.10 | 19 |
| 2026-07-06 | 3 | 2815 | 701 | 4.02 | 21 |
| 2026-07-07 | 3 | 2815 | 701 | 4.02 | 22 |
| 2026-07-08 | 3 | 2815 | 701 | 4.02 | 23 |
| 2026-07-09 | 2 | 3173 | 795 | 3.98 | 29 |
| 2026-07-10 | 2 | 3173 | 795 | 3.98 | 30 |
| 2026-07-11 | 2 | 3173 | 795 | 3.98 | 31 |
| 2026-07-12 | 1 | 2550 | 650 | 3.92 | 19 |
| 2026-07-13 | 1 | 2550 | 650 | 3.92 | 20 |
| 2026-07-14 | 1 | 2550 | 650 | 3.92 | 21 |
| 2026-07-15 | 1 | 2550 | 650 | 3.92 | 22 |
| 2026-07-16 | 1 | 2550 | 650 | 3.92 | 23 |
| 2026-07-17 | 1 | 2550 | 650 | 3.92 | 24 |
| 2026-07-18 | 1 | 2550 | 650 | 3.92 | 25 |
| 2026-07-19 | 1 | 2550 | 650 | 3.92 | 26 |
| 2026-07-20 | 1 | 2550 | 650 | 3.92 | 27 |
| 2026-07-21 | 1 | 2550 | 650 | 3.92 | 28 |
| 2026-07-22 | 2 | 5775 | 643 | 9.05 | 15 |
| 2026-07-23 | 2 | 5775 | 643 | 9.05 | 16 |
| 2026-07-24 | 2 | 5775 | 643 | 9.05 | 17 |
| 2026-07-25 | 2 | 5775 | 643 | 9.05 | 18 |
| 2026-07-26 | 1 | 9000 | 635 | 14.17 | 4 |
| 2026-07-27 | 1 | 9000 | 635 | 14.17 | 5 |
| 2026-07-28 | 1 | 9000 | 635 | 14.17 | 6 |
| 2026-07-29 | 1 | 9000 | 635 | 14.17 | 7 |
| 2026-07-30 | 1 | 9000 | 635 | 14.17 | 8 |
| 2026-07-31 | 1 | 9000 | 635 | 14.17 | 9 |
| 2026-08-01 | 1 | 9000 | 635 | 14.17 | 10 |
| 2026-08-02 | 1 | 9000 | 635 | 14.17 | 11 |
| 2026-08-03 | 1 | 9000 | 635 | 14.17 | 12 |
| 2026-08-04 | 1 | 9000 | 635 | 14.17 | 13 |
| 2026-08-05 | 1 | 9000 | 635 | 14.17 | 14 |
| 2026-08-06 | 1 | 9000 | 635 | 14.17 | 15 |
| 2026-08-07 | 1 | 9000 | 635 | 14.17 | 16 |
| 2026-08-08 | 1 | 9000 | 635 | 14.17 | 17 |
| 2026-08-09 | 1 | 9000 | 635 | 14.17 | 18 |
| 2026-08-10 | 1 | 9000 | 635 | 14.17 | 19 |
| 2026-08-11 | 1 | 9000 | 635 | 14.17 | 20 |
| 2026-08-12 | 1 | 9000 | 635 | 14.17 | 21 |
| 2026-08-13 | 1 | 9000 | 635 | 14.17 | 22 |
| 2026-08-14 | 1 | 9000 | 635 | 14.17 | 23 |
| 2026-08-15 | 1 | 9000 | 635 | 14.17 | 24 |
| 2026-08-16 | 1 | 9000 | 635 | 14.17 | 25 |
| 2026-08-17 | 1 | 9000 | 635 | 14.17 | 26 |
| 2026-08-18 | 3 | 7033 | 690 | 10.74 | 9 |
| 2026-08-19 | 3 | 7033 | 690 | 10.74 | 10 |
| 2026-08-20 | 3 | 7033 | 690 | 10.74 | 11 |
| 2026-08-21 | 3 | 7033 | 690 | 10.74 | 12 |
| 2026-08-22 | 3 | 7033 | 690 | 10.74 | 13 |
| 2026-08-23 | 3 | 7033 | 690 | 10.74 | 14 |
| 2026-08-24 | 3 | 7033 | 690 | 10.74 | 15 |
| 2026-08-25 | 3 | 7033 | 690 | 10.74 | 16 |
| 2026-08-26 | 3 | 7033 | 690 | 10.74 | 17 |
| 2026-08-27 | 3 | 7033 | 690 | 10.74 | 18 |
| 2026-08-28 | 3 | 7033 | 690 | 10.74 | 19 |
| 2026-08-29 | 3 | 7033 | 690 | 10.74 | 20 |
| 2026-08-30 | 3 | 7033 | 690 | 10.74 | 21 |
| 2026-08-31 | 2 | 9000 | 635 | 14.17 | 27 |
12-Month Market Dynamics & Trend Trajectory
Gallery Condos + Lofts at 2007 James St has closed seven leases since its November 2023 registration, averaging $3,410 per month and $3.87 per square foot across suites that average 879 square feet. The lifetime average of 25 days on market sits comfortably below the Downtown Burlington submarket benchmark of 30 days, and the building's 156-suite inventory shows a 1.3% availability rate, indicating a nearly fully occupied, stabilized property with steady tenant turnover concentrated in the summer months. On pricing discipline, 71.4% of closed leases settled below the listed asking price, with tenants capturing an average $139 per month discount (3.84%) that translates to $1,668 in annual savings. This consistent tenant-favorable spread confirms that landlords at 2007 James St are conceding on price rather than holding firm, and prospective renters should expect room to negotiate below the posted rate.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 3900 | 1051 | 3.71 | 7 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 2 | 3435 | 808 | 4.19 | 16 |
| 2026-07-12 | 1 | 3600 | 939 | 3.83 | 44 |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 2400 | 650 | 3.69 | 33 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-30 | 1 | 3000 | 800 | 3.75 | 13 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Comparing rental asking rates and price-per-square-foot ($/SF) at Gallery Condos + Lofts with 6 tracked residential buildings in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at Gallery Condos + Lofts compare to neighbouring buildings within Downtown Burlington?
At $9,000/month ($14.17/SF), Gallery Condos + Lofts maintains a competitive market position compared to surrounding properties.
Does Gallery Condos + Lofts offer a competitive price-per-square-foot ($/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 Gallery Condos + Lofts and neighbouring options.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Gallery Condos + Lofts.
Building Amenities
- Concierge & Security
- EV Charging Station
- Gym & Fitness Centre
- Yoga Studio
- Indoor Pool
- Party & Lounge Room
- Media & Theatre Room
- Games & Billiards Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Pet Wash Station
Residential Buildings in the Vicinity
- Realm Condos121 m
- Realm Condos121 m
- Jesmondene135 m
- The Berkeley152 m
- The Saxony Condominiums172 m
- Residences of Village Square200 m
- Harbourview210 m
- Bunton's Wharf244 m
- The Baxter263 m
- Martha James Condominiums299 m
- 360 on Pearl335 m
- Beau Soleil379 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Gallery Condos + Lofts.
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.