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Market Data as of September 30, 2026

Forest Chase I — Rental Market Data

2040 Cleaver Ave, Burlington, Ontario L7M 4C4
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,750/mo
Date Leased: August 30, 2026
Rent psf$3.24/sf
Turnover Velocity81 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed1992
Total Suites36
DeveloperSutherland Development

Forest Chase I is a residential community located in Burlington, Ontario. Completed in 1992, the property features an estimated 36 suites. The building currently features no active rental listings on record as of September 30, 2026.

Looking to compare? Explore more buildings in Burlington North
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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$2,750/mo
Date LeasedAugust 30, 2026
Rent psf$3.24/sf
Turnover Velocity81 Days
Active Inventory Status0 Available

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)
2026-06-10227508383.28N/A
2026-06-11227508383.281
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2026-09-20127508253.33102
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12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Forest Chase I 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.

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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)
2026-08-30125008502.9481

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 Forest Chase I with 6 tracked residential buildings in the immediate vicinity.

Forest Chase IV96 m

2010 Cleaver Ave, Burlington

Avg Asking$2,100/mo
Avg $/SF$3.23
Rent Spread:
N/A
Forest Chase II106 m

2030 Cleaver Ave, Burlington

Avg Asking$2,375/mo
Avg $/SF$3.17
Rent Spread:
N/A
Woodbridge I436 m

1810 Walkers Line, Burlington

Avg Asking$2,100/mo
Avg $/SF$3.28
Rent Spread:
N/A
Woodbridge II463 m

1800 Walkers Line, Burlington

Avg Asking$2,150/mo
Avg $/SF$3.31
Rent Spread:
N/A
South of the Green Townhouses544 m

4045 Upper Middle Road, Burlington

Avg Asking$3,200/mo
Avg $/SF$2.46
Rent Spread:
N/A
Tansley Gardens IV577 m

4003 Kilmer Dr, Burlington

Avg Asking$2,200/mo
Avg $/SF$2.93
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Forest Chase I compare to neighbouring buildings within Burlington North?

At $0/month ($0.00/SF), Forest Chase I maintains a competitive market position compared to surrounding properties.

Does Forest Chase I 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 Forest Chase I and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Forest Chase I.

Building Amenities

  • BBQ Area
  • Car Wash Bay
  • Pet Wash Station
  • Garden & Courtyard

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

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

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.