Market Data as of August 31, 2026
Orchard Uptown III — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Orchard Uptown III at 2055 Appleby Line in Burlington's North submarket is a 56-suite residential building completed in 2005 by Sutherland Development, currently showing one active listing against a 1.8 percent availability rate. Leasing activity has been modest, with one closed lease in the trailing 30 days at an average 48 days on market and three additional leases over the past 90 days averaging 42 days to close.
The single active suite asks $2,600 per month at $3.39 per square foot across 767 square feet, a rate per square foot that sits above the 90-day realized average of $3.08 per square foot despite the current listing's footprint being 96 square feet more compact than the building's historical lease average of 863 square feet. Against the Burlington North submarket asking benchmark of $3.57 per square foot, Orchard Uptown III's active rate trades 5 percent below the broader market, and the suite's 767 square feet exceeds the submarket implied average of 668 square feet by 99 square feet.
Marketing friction is a notable concern: the active listing has sat on market for 117 days, nearly four times the submarket average of 32 days, signaling leasing deceleration even though zero delisted or expired records exist in the building's file. Across all four tracked closed leases, tenants negotiated an average concession of $26 per month, or 1.02 percent below asking, a tenant-favorable outcome that saves roughly $312 per year. Inventory depth is effectively limited to a single two-bedroom unit; no one-bedroom, studio, or multi-bedroom executive options are currently available, and renters seeking alternatives must look to the 38 other active listings across the Burlington North submarket.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Orchard Uptown III as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Orchard Uptown III recently?
Orchard Uptown III has one active listing as of August 31, 2026, with an asking rent of $2,600 per month representing both the minimum and maximum in the current range. The available suite spans 767 square feet at $3.39 per square foot, and the 100 percent layout share is a two-bedroom configuration. With only a single unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts; it is a standalone mid-range offering in a building where historical leasing has favored one-bedroom plus den configurations.
What floor plans and unit layouts are currently available at Orchard Uptown III?
The sole active layout at Orchard Uptown III is a two-bedroom unit, accounting for 100 percent of available inventory with one listing at $2,600 per month. That single suite measures 767 square feet and carries an asking rate of $3.39 per square foot. No one-bedroom, studio, or three-bedroom tiers are currently listed, making this a single-transaction sample rather than a diversified layout offering.
What is the average asking rent and $/SF by suite size at Orchard Uptown III?
Orchard Uptown III's active pricing spread is $0 with a 0 percent range, as the building carries only one listed unit asking $2,600 per month. The median asking rent is likewise $2,600, and the entry-level suite is a two-bedroom at 767 square feet and $3.39 per square foot. Because the minimum and maximum asking fields are identical, there is no peak suite to contrast against; the entire active inventory consists of this single two-bedroom offering.
How much extra do parking spaces and dens cost at Orchard Uptown III?
Orchard Uptown III's active den premium and square-footage delta cannot be quantified from the current single-listing sample, as no paired den versus non-den transactions exist in the active file. Marginal cost per square foot for additional den space is therefore uncalculable at this time. Active parking stall premiums also cannot be reliably isolated due to an insufficient paired sample, and no verified parking add-on cost can be quoted to prospective renters.
How do asking rents at Orchard Uptown III compare to local and municipal benchmarks?
Orchard Uptown III's active asking rent of $2,600 per month exceeds the Burlington North submarket average asking rent of $2,385 by $215, yet the building's $3.39 per square foot rate sits 5 percent below the submarket asking benchmark of $3.57 per square foot. The nominal rent premium is driven entirely by suite size: the active unit's 767 square feet is 99 square feet larger than the submarket implied average of 668 square feet, meaning renters are paying more in absolute dollars for a more expansive footprint rather than a higher per-foot rate. Orchard Uptown III represents one out of 39 active listings in the Burlington North submarket, or approximately 2.6 percent of total available inventory.
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 Orchard Uptown III (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Orchard Uptown III last month, and how fast did they rent?
Orchard Uptown III recorded a 48-day average DOM on its single 30-day lease closing, compared to a 42-day average over the trailing 90 days and a 32-day submarket benchmark in Burlington North. The building logged one closed lease in the past 30 days, three in the past 90 days, and four over the full trailing year, indicating leasing cadence has moderated rather than accelerated. Lifetime volume of four leases across a 56-suite building reflects a thin transaction base that limits statistical confidence in any single-period reading.
What is the negotiation spread between asking rents and closed lease prices at Orchard Uptown III?
Orchard Uptown III tenants negotiated an average discount of $26 per month (1.02% below asking), translating to $312 in annual savings per unit across tracked leases. Fifty percent of closed leases settled under the listed asking price, confirming tenant leverage in this micro-market. The concession pattern is modest in dollar terms but consistent in direction, signalling landlords are willing to trim pricing to close files rather than hold units vacant.
What are typical executed lease prices across different layouts at Orchard Uptown III?
The two anchor layouts at Orchard Uptown III are the 1-Bedroom + Den (2 leases, $2,148 average, 33-day DOM) and the 2-Bedroom (2 leases, $2,750 average, 38-day DOM), each representing a small sample of two closed transactions. The 1-Bedroom + Den tier spans a P25-P75 range of $2,121 to $2,174 across an average 730-square-foot footprint at $2.95 per square foot. The 2-Bedroom tier ranges from $2,625 to $2,875 (P25-P75) across an average 995-square-foot suite at $2.88 per square foot. Both tiers carry a small-sample caveat; treat these figures as directional indicators rather than broad statistical benchmarks.
What measurable rent premium did suites with parking achieve in closed leases at Orchard Uptown III?
Orchard Uptown III has no verified leased parking premium because paired data is insufficient to isolate a reliable parking component from suite rents. Active listings at the building also show unreliable or outlier parking figures, preventing a defensible comparison between realized and asking parking values. Until a larger sample of bundled leases accumulates, parking pricing at this address remains inconclusive.
How does the lease-to-listing ratio at Orchard Uptown III reflect current tenant demand?
Orchard Uptown III shows a declining nominal rent trajectory from May through August 2026, dropping from $3,000 to $2,095 across three closed leases. May produced one deal at $3,000 and $2.42 per square foot with a 16-day DOM, reflecting a larger suite footprint that diluted the rate per square foot. July closed two leases averaging $2,350 at $3.22 per square foot with a 39-day DOM, indicating tighter suites commanding a higher density rate. August's single lease at $2,095 and $2.79 per square foot (48-day DOM) reflects a compact suite footprint rather than property devaluation, as the per-square-foot rate remains well below July's level.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-05-04 | 2 | 3000 | 1240 | 2.42 | N/A |
| 2026-05-05 | 2 | 3000 | 1240 | 2.42 | 1 |
| 2026-05-06 | 5 | 2660 | 949 | 2.90 | 1 |
| 2026-05-07 | 5 | 2660 | 949 | 2.90 | 2 |
| 2026-05-08 | 5 | 2660 | 949 | 2.90 | 3 |
| 2026-05-09 | 5 | 2660 | 949 | 2.90 | 4 |
| 2026-05-10 | 5 | 2660 | 949 | 2.90 | 5 |
| 2026-05-11 | 5 | 2660 | 949 | 2.90 | 6 |
| 2026-05-12 | 5 | 2660 | 949 | 2.90 | 7 |
| 2026-05-13 | 5 | 2660 | 949 | 2.90 | 8 |
| 2026-05-14 | 5 | 2660 | 949 | 2.90 | 9 |
| 2026-05-15 | 5 | 2660 | 949 | 2.90 | 10 |
| 2026-05-16 | 5 | 2660 | 949 | 2.90 | 11 |
| 2026-05-17 | 5 | 2660 | 949 | 2.90 | 12 |
| 2026-05-18 | 5 | 2660 | 949 | 2.90 | 13 |
| 2026-05-19 | 5 | 2660 | 949 | 2.90 | 14 |
| 2026-05-20 | 3 | 2433 | 756 | 3.22 | 14 |
| 2026-05-21 | 3 | 2433 | 756 | 3.22 | 15 |
| 2026-05-22 | 3 | 2433 | 756 | 3.22 | 16 |
| 2026-05-23 | 3 | 2433 | 756 | 3.22 | 17 |
| 2026-05-24 | 3 | 2433 | 756 | 3.22 | 18 |
| 2026-05-25 | 3 | 2433 | 756 | 3.22 | 19 |
| 2026-05-26 | 3 | 2433 | 756 | 3.22 | 20 |
| 2026-05-27 | 3 | 2433 | 756 | 3.22 | 21 |
| 2026-05-28 | 3 | 2433 | 756 | 3.22 | 22 |
| 2026-05-29 | 3 | 2433 | 756 | 3.22 | 23 |
| 2026-05-30 | 3 | 2433 | 756 | 3.22 | 24 |
| 2026-05-31 | 3 | 2433 | 756 | 3.22 | 25 |
| 2026-06-01 | 3 | 2433 | 756 | 3.22 | 26 |
| 2026-06-02 | 3 | 2433 | 756 | 3.22 | 27 |
| 2026-06-03 | 3 | 2433 | 756 | 3.22 | 28 |
| 2026-06-04 | 3 | 2433 | 756 | 3.22 | 29 |
| 2026-06-05 | 3 | 2433 | 756 | 3.22 | 30 |
| 2026-06-06 | 3 | 2433 | 756 | 3.22 | 31 |
| 2026-06-07 | 3 | 2433 | 756 | 3.22 | 32 |
| 2026-06-08 | 3 | 2433 | 756 | 3.22 | 33 |
| 2026-06-09 | 3 | 2433 | 756 | 3.22 | 34 |
| 2026-06-10 | 3 | 2433 | 756 | 3.22 | 35 |
| 2026-06-11 | 3 | 2433 | 756 | 3.22 | 36 |
| 2026-06-12 | 3 | 2433 | 756 | 3.22 | 37 |
| 2026-06-13 | 3 | 2433 | 756 | 3.22 | 38 |
| 2026-06-14 | 3 | 2433 | 756 | 3.22 | 39 |
| 2026-06-15 | 3 | 2433 | 756 | 3.22 | 40 |
| 2026-06-16 | 3 | 2367 | 756 | 3.13 | 27 |
| 2026-06-17 | 3 | 2367 | 756 | 3.13 | 28 |
| 2026-06-18 | 3 | 2367 | 756 | 3.13 | 29 |
| 2026-06-19 | 3 | 2367 | 756 | 3.13 | 30 |
| 2026-06-20 | 3 | 2367 | 756 | 3.13 | 31 |
| 2026-06-21 | 3 | 2367 | 756 | 3.13 | 32 |
| 2026-06-22 | 3 | 2367 | 756 | 3.13 | 33 |
| 2026-06-23 | 3 | 2367 | 756 | 3.13 | 34 |
| 2026-06-24 | 3 | 2367 | 756 | 3.13 | 35 |
| 2026-06-25 | 3 | 2367 | 756 | 3.13 | 36 |
| 2026-06-26 | 3 | 2367 | 756 | 3.13 | 37 |
| 2026-06-27 | 3 | 2367 | 756 | 3.13 | 38 |
| 2026-06-28 | 3 | 2367 | 756 | 3.13 | 39 |
| 2026-06-29 | 3 | 2367 | 756 | 3.13 | 40 |
| 2026-06-30 | 3 | 2367 | 756 | 3.13 | 41 |
| 2026-07-01 | 3 | 2367 | 756 | 3.13 | 42 |
| 2026-07-02 | 3 | 2367 | 756 | 3.13 | 43 |
| 2026-07-03 | 3 | 2367 | 756 | 3.13 | 44 |
| 2026-07-04 | 3 | 2367 | 756 | 3.13 | 45 |
| 2026-07-05 | 2 | 2350 | 759 | 3.09 | 40 |
| 2026-07-06 | 2 | 2350 | 759 | 3.09 | 41 |
| 2026-07-07 | 2 | 2350 | 759 | 3.09 | 42 |
| 2026-07-08 | 3 | 2300 | 742 | 3.10 | 28 |
| 2026-07-09 | 3 | 2300 | 742 | 3.10 | 29 |
| 2026-07-10 | 3 | 2300 | 742 | 3.10 | 30 |
| 2026-07-11 | 3 | 2300 | 742 | 3.10 | 31 |
| 2026-07-12 | 3 | 2300 | 742 | 3.10 | 32 |
| 2026-07-13 | 3 | 2300 | 742 | 3.10 | 33 |
| 2026-07-14 | 3 | 2300 | 742 | 3.10 | 34 |
| 2026-07-15 | 3 | 2300 | 742 | 3.10 | 35 |
| 2026-07-16 | 3 | 2300 | 742 | 3.10 | 36 |
| 2026-07-17 | 3 | 2300 | 742 | 3.10 | 37 |
| 2026-07-18 | 3 | 2300 | 742 | 3.10 | 38 |
| 2026-07-19 | 3 | 2300 | 742 | 3.10 | 39 |
| 2026-07-20 | 3 | 2300 | 742 | 3.10 | 40 |
| 2026-07-21 | 3 | 2300 | 742 | 3.10 | 41 |
| 2026-07-22 | 3 | 2300 | 742 | 3.10 | 42 |
| 2026-07-23 | 3 | 2300 | 742 | 3.10 | 43 |
| 2026-07-24 | 3 | 2300 | 742 | 3.10 | 44 |
| 2026-07-25 | 3 | 2300 | 742 | 3.10 | 45 |
| 2026-07-26 | 2 | 2350 | 759 | 3.09 | 61 |
| 2026-07-27 | 2 | 2350 | 759 | 3.09 | 62 |
| 2026-07-28 | 2 | 2350 | 759 | 3.09 | 63 |
| 2026-07-29 | 2 | 2350 | 759 | 3.09 | 64 |
| 2026-07-30 | 2 | 2350 | 759 | 3.09 | 65 |
| 2026-07-31 | 2 | 2350 | 759 | 3.09 | 66 |
| 2026-08-01 | 2 | 2350 | 759 | 3.09 | 67 |
| 2026-08-02 | 2 | 2350 | 759 | 3.09 | 68 |
| 2026-08-03 | 1 | 2600 | 767 | 3.39 | 89 |
| 2026-08-04 | 1 | 2600 | 767 | 3.39 | 90 |
| 2026-08-05 | 1 | 2600 | 767 | 3.39 | 91 |
| 2026-08-06 | 1 | 2600 | 767 | 3.39 | 92 |
| 2026-08-07 | 1 | 2600 | 767 | 3.39 | 93 |
| 2026-08-08 | 1 | 2600 | 767 | 3.39 | 94 |
| 2026-08-09 | 1 | 2600 | 767 | 3.39 | 95 |
| 2026-08-10 | 1 | 2600 | 767 | 3.39 | 96 |
| 2026-08-11 | 1 | 2600 | 767 | 3.39 | 97 |
| 2026-08-12 | 1 | 2600 | 767 | 3.39 | 98 |
| 2026-08-13 | 1 | 2600 | 767 | 3.39 | 99 |
| 2026-08-14 | 1 | 2600 | 767 | 3.39 | 100 |
| 2026-08-15 | 1 | 2600 | 767 | 3.39 | 101 |
| 2026-08-16 | 1 | 2600 | 767 | 3.39 | 102 |
| 2026-08-17 | 1 | 2600 | 767 | 3.39 | 103 |
| 2026-08-18 | 1 | 2600 | 767 | 3.39 | 104 |
| 2026-08-19 | 1 | 2600 | 767 | 3.39 | 105 |
| 2026-08-20 | 1 | 2600 | 767 | 3.39 | 106 |
| 2026-08-21 | 1 | 2600 | 767 | 3.39 | 107 |
| 2026-08-22 | 1 | 2600 | 767 | 3.39 | 108 |
| 2026-08-23 | 1 | 2600 | 767 | 3.39 | 109 |
| 2026-08-24 | 1 | 2600 | 767 | 3.39 | 110 |
| 2026-08-25 | 1 | 2600 | 767 | 3.39 | 111 |
| 2026-08-26 | 1 | 2600 | 767 | 3.39 | 112 |
| 2026-08-27 | 1 | 2600 | 767 | 3.39 | 113 |
| 2026-08-28 | 1 | 2600 | 767 | 3.39 | 114 |
| 2026-08-29 | 1 | 2600 | 767 | 3.39 | 115 |
| 2026-08-30 | 1 | 2600 | 767 | 3.39 | 116 |
| 2026-08-31 | 1 | 2600 | 767 | 3.39 | 117 |
12-Month Market Dynamics & Trend Trajectory
Orchard Uptown III realized an average lease rent of $2,449 per month and $2.91 per square foot across four lifetime leases, positioning the building roughly $219 above the Burlington North submarket average rent of $2,230 while trading 10.2 percent below the submarket's $3.43 per-square-foot benchmark. The rent premium over the submarket is driven by the building's larger-than-average suite footprints (863 square feet versus the submarket implied 668 square feet), meaning tenants pay more in absolute dollars but less per unit of space than the local norm. On pricing discipline, 50 percent of tracked leases closed below asking with an average tenant discount of $26 per month (1.02 percent), generating $312 in annualized savings per unit. The concession pattern is modest and tenant-favorable, indicating landlords at Orchard Uptown III are willing to make small price adjustments to close files rather than extend vacancy carry. No leases closed at a premium to asking, and the net negotiation spread of minus $26 confirms a consistently tenant-leveraged closing environment across the four tracked transactions.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-17 | 1 | 3000 | 1240 | 2.42 | 16 |
| 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 | 1 | 2500 | 750 | 3.33 | 60 |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 2200 | 710 | 3.10 | 18 |
| 2026-08-02 | 1 | 2095 | 750 | 2.79 | 48 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Orchard Uptown III at 2055 Appleby Line sits within a tight cluster of four sister buildings along Appleby Line in Burlington North, all completed between 2000 and 2006. Two of the four recorded active lease volume over the trailing 180 days: Orchard Uptown IV at 2065 Appleby Line (0.07 km, built in 2005) closed one lease, and Orchard Uptown I at 2035 Appleby Line (0.11 km, built in 2000) closed three leases. The remaining two—Orchard Uptown II at 2045 Appleby Line (0.09 km, built in 2000) and Orchard Uptown V at 2075 Appleby Line (0.13 km, built in 2006)—recorded zero closed leases in the same window and serve only as architectural and amenity references rather than active pricing benchmarks. The cluster spans two structural generations: the 2000-built pair (I and II) and the 2005–2006 cohort (III, IV, and V), with Orchard Uptown III occupying the middle of that age range. Across the four comparables, the overall benchmark averages $2,358 per month in realized rent, $3.00 per square foot, and 790 square feet of interior space. Orchard Uptown III's all-time leased average of $2,449 per month and 863 square feet places it above the comp cluster on both total footprint and nominal rent, while its $2.91 per square foot rate sits slightly below the cluster average. The building's 56-suite scale and 2005 construction position it as a mid-generation asset in this immediate pocket, offering more interior area than any active peer at a per-square-foot rate that trades at a discount to Orchard Uptown I but a modest premium over Orchard Uptown IV.
Comparable Analysis & Questions
How do rental rates at Orchard Uptown III compare to neighbouring buildings within Burlington North?
Orchard Uptown III's all-time average realized lease rent of $2,449 per month exceeds the four-building comp benchmark of $2,358 per month by $91, with both active peers confirming the subject commands a higher monthly rent. Orchard Uptown IV at 2065 Appleby Line (0.07 km, one closed lease) averaged $2,400 per month at $2.82 per square foot across 850 square feet, meaning the subject's rent runs $49 higher than this nearest active peer. Orchard Uptown I at 2035 Appleby Line (0.11 km, three closed leases) averaged $2,315 per month at $3.17 per square foot across 730 square feet, placing the subject $134 above that benchmark. Orchard Uptown II (2045 Appleby Line, 0.09 km) and Orchard Uptown V (2075 Appleby Line, 0.13 km) each recorded zero closed leases over the trailing 180 days, so neither provides a realized rent benchmark; both function solely as architectural and amenity references in this comparison set.
Does Orchard Uptown III offer a competitive price-per-square-foot ($/SF) against local comparables?
Orchard Uptown III leases at $2.91 per square foot across an average 863-square-foot suite, positioning it below the comp cluster average of $3.00 per square foot and above the 790-square-foot average footprint. Against Orchard Uptown I, the subject trades at a $0.26 per square foot (8.2 percent) discount while providing 133 more interior square feet; the $134 higher nominal rent is driven entirely by that expanded footprint rather than a per-unit valuation premium. Against Orchard Uptown IV, the subject commands a $0.09 per square foot (3.2 percent) premium and delivers 13 additional square feet, so both the rate and the space are marginally larger. In both active comparisons, the subject's higher monthly rent reflects a genuinely bigger interior envelope, not a rate markup on equivalent space, giving renters more usable area per dollar than the 730-square-foot Orchard Uptown I suite while paying only modestly more than the 850-square-foot Orchard Uptown IV unit.
How do building age, amenities, and developer reputation impact rent spreads?
Orchard Uptown III offers an eight-feature amenity package—Gym & Fitness Centre, Sauna & Steam Room, Party & Lounge Room, Meeting Room, BBQ Area, Car Wash Bay, Concierge & Security, and Pet Wash Station—that is the most complete in its immediate peer set. The Pet Wash Station is absent from Orchard Uptown IV, Orchard Uptown I, and Orchard Uptown II, and Concierge & Security is missing from both Orchard Uptown I and Orchard Uptown II, giving the subject a distinct lifestyle edge for tenants who value on-site pet care and 24-hour building management. Orchard Uptown V carries the identical eight-amenity list but recorded zero closed leases in the trailing 180 days, so it cannot be assessed as an active competitive alternative. The combination of a full wellness suite (gym, sauna, steam), remote-work infrastructure (meeting room), and pet-friendly services (pet wash station) positions Orchard Uptown III as the best fit for young professionals and small-pet-owning households in Burlington North who want a turnkey lifestyle package without paying the per-square-foot premium of the older, smaller-footprint buildings nearby.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Orchard Uptown III.
Building Amenities
- Gym & Fitness Centre
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- BBQ Area
- Car Wash Bay
- Concierge & Security
- Pet Wash Station
Residential Buildings in the Vicinity
- Orchard Uptown IV74 m
- Orchard Uptown II89 m
- Orchard Uptown I112 m
- Orchard Uptown V133 m
- Appleby Woods149 m
- Orchard Uptown VI166 m
- Millcroft Place241 m
- Ironstone271 m
- Appleby Gardens579 m
- Vibe - Building 1654 m
- Vibe - Building 2676 m
- Haven1.0 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Orchard Uptown III.
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.
