Paradigm - Centre Tower — Rental Market Data

Paradigm - Centre Tower has exactly one active listing as of August 31, 2026, asking $2,200 per month with both the average and median rent at $2,200. The available suite spans 574 square feet at an asking rate of $3.83 per square foot. This single listing is a one-bedroom, representing 100 percent of active inventory, and the building's current availability skews toward a compact entry-level footprint rather than multi-bedroom executive layouts.

The sole active layout at Paradigm - Centre Tower is a one-bedroom, accounting for 100 percent of the building's available inventory with one unit on the market. That single listing asks $2,200 per month for 574 square feet, equating to $3.83 per square foot. No two-bedroom or larger units are currently listed, making this a single-transaction sample with no cross-layout comparison possible within the building.

Paradigm - Centre Tower's active pricing spread is effectively zero, with both the minimum and maximum asking rent at $2,200 per month across a single listing. The median asking rent also sits at $2,200. The entry-level and peak suite are the same unit: a 574-square-foot one-bedroom priced at $3.83 per square foot, so no internal price differentiation exists in the current inventory.

Den premium data for Paradigm - Centre Tower is unquantified, as no paired active listings with and without a den are available to isolate a marginal cost per square foot. Active parking premiums also cannot be reliably isolated from the current data, as the paired sample is insufficient to produce a defensible figure. Renters should inquire directly with the leasing office for any parking stall or den add-on costs.

Paradigm - Centre Tower's active asking rent of $2,200 per month and $3.83 per square foot compare favorably against the Downtown Burlington submarket asking benchmark of $2,988 per month and $4.25 per square foot. The building's rate per square foot runs 9.9 percent below the submarket asking level, and the lower nominal monthly rent is further explained by the active suite's 574-square-foot footprint versus the larger units typically listed across the submarket. The building represents 1 out of 43 active listings in Downtown Burlington, a narrow slice of the broader rental pool.

Paradigm - Centre Tower's 1-year average realized rent of $2,605 per month exceeds the overall comp benchmark of $2,139 per month by $466, with the two same-site Paradigm towers serving as the primary pricing references. Paradigm - West Tower at 2081 Fairview St (0.03 km) closed 88 leases at an average of $2,314 per month, $3.61 per square foot, and 650 square feet. Paradigm - East Tower at 2093 Fairview St (0.38 km) recorded 10 closed leases averaging $2,303 per month, $3.74 per square foot, and 620 square feet. 849 Brant Street (0.45 km), built in 1953, closed 1 lease at $2,100 per month, $3.65 per square foot, and 576 square feet. 2095 Prospect Street (0.46 km), completed in 2026, logged 2 closed leases at $1,838 per month, $2.02 per square foot, and 975 square feet.

Paradigm - Centre Tower's 1-year average realized rate of $3.65 per square foot across 715 average square feet positions it above the comp average of $3.26 per square foot and 705 square feet, while remaining below the Downtown Burlington submarket leased benchmark of $3.77 per square foot. Against Paradigm - West Tower at 2081 Fairview St, the subject commands a $0.04 per square foot (1.1%) premium while providing 65 more interior square feet, meaning the $291 higher monthly rent reflects both a larger footprint and a modestly elevated per-space rate. Against Paradigm - East Tower at 2093 Fairview St, the subject trades at a $0.09 per square foot (2.4%) discount while delivering 95 more interior square feet—here the $302 higher nominal rent is driven entirely by the expanded footprint rather than a higher asset valuation per unit of space. 849 Brant Street sits at identical $3.65 per square foot parity, but the subject's 139 additional square feet account for the $505 monthly premium. Against 2095 Prospect Street, the subject commands a $1.63 per square foot (80.7%) premium while providing 260 fewer interior square feet, a trade-off where renters pay a materially higher rate for a compact suite in exchange for the full 16-amenity lifestyle package.

Paradigm - Centre Tower offers a 16-feature lifestyle package spanning aquatic wellness (indoor pool, hot tub & jacuzzi, sauna & steam room), fitness (gym & fitness centre, yoga studio, basketball court), remote-work infrastructure (meeting room, business centre), and social spaces (party & lounge room, media & theatre room, games & billiards room, rooftop terrace, garden & courtyard, rain room, BBQ area, concierge & security). Against Paradigm - West Tower at 2081 Fairview St, the amenity roster is identical—both towers deliver the same 16 features with no differentiating lifestyle element. Paradigm - East Tower at 2093 Fairview St extends the package with a pet wash station and an indoor kids' play room, two features absent from the Centre Tower. 849 Brant Street provides no common lifestyle or recreational facilities whatsoever, operating as a no-frills residential building that appeals to cost-conscious renters over amenity-rich peers, while 2095 Prospect Street offers only a shared laundry room, party & lounge room, concierge & security, and a convenience store. The Centre Tower's aquatic-wellness and remote-work combination targets professionals and couples in the 28-to-45 range who prioritize a full-service lifestyle package without the family-oriented extras found in the East Tower.