Paradigm - East Tower — Rental Market Data

Paradigm - East Tower holds four active listings as of August 31, 2026, with asking rents ranging from $2,300 to $2,800 per month, an average of $2,525 and a median of $2,500. The average suite measures 619 square feet at an asking rate of $4.11 per square foot. One-bedroom units account for 50 percent of active inventory, indicating the building's current availability leans toward compact entry-level suites rather than multi-bedroom executive layouts.

The dominant active layout at Paradigm - East Tower is the one-bedroom, with two listings representing 50 percent of available inventory at an average asking rent of $2,300 per month across 550 square feet and $4.18 per square foot. The one-bedroom-plus-den tier carries a single listing at $2,800 per month for 627 square feet at $4.47 per square foot, while the two-bedroom tier also holds one listing at $2,700 per month for 750 square feet at $3.60 per square foot.

Paradigm - East Tower's active asking rents span from $2,300 to $2,800 per month, a dollar spread of $500 and a percentage spread of 21.7 percent. The median asking rent sits at $2,500 per month. The entry-level suite is a one-bedroom at 550 square feet priced at $4.18 per square foot, while the peak asking rent belongs to a one-bedroom-plus-den at 627 square feet carrying a rate of $4.47 per square foot.

Paradigm - East Tower carries an active den premium of $500 per month for an additional 77 square feet of space, equating to a marginal cost of $6.49 per square foot for the extra den area. Parking stall premiums cannot be reliably isolated from current listings due to insufficient paired data, and no verified parking add-on cost is available from historical leases either.

Paradigm - East Tower's active asking rent of $2,525 per month at $4.11 per square foot undercuts the Downtown Burlington submarket asking benchmark of $2,988 per month at $4.25 per square foot. The building trades at a 3.3 percent discount on a per-square-foot basis, and the lower nominal monthly outlay is further supported by compact suite sizing averaging 619 square feet versus the submarket's larger average footprint. Paradigm - East Tower represents four of the 43 active listings in the Downtown Burlington submarket.

Paradigm – East Tower's average closed-lease rent of $2,303 per month exceeds the four-comparable average of $1,925 by $378, positioning it as the premium option in this immediate cluster. 849 Brant Street (0.14 km) closed leases at $2,100 per month, $3.65 per square foot, and 576 square feet; 807 Robinson Street (0.26 km) recorded a $1,675 average at $3.31 per square foot for 506 square feet; and 2043 Prospect Street (0.33 km) transacted at $2,000 per month, $2.42 per square foot, and 825 square feet. 2035 Prospect Street (0.34 km) had no closed leases in the trailing 180-day period, so no direct rent benchmark is available for that property.

Paradigm – East Tower leases at $3.70 per square foot for an average 628-square-foot suite, trading at a premium over every active comparable in the set while remaining below the Downtown Burlington submarket leased benchmark of $3.77 per square foot. Against 849 Brant Street, the subject commands a $0.05 per square foot premium (1.4%) while providing 52 more interior square feet than that 576-square-foot unit. Versus 807 Robinson Street, the subject's $0.39 per square foot premium (11.8%) is offset by 122 additional square feet over the comp's 506-square-foot average. The notable exception is 2043 Prospect Street, where the subject trades at a $1.28 per square foot premium (52.9%) but offers 197 fewer square feet than that building's 825-square-foot suites, meaning renters gain rate efficiency at the comp but lose the full-service amenity package at the subject.

Paradigm – East Tower delivers a 17-feature lifestyle program that dwarfs the shared-laundry-only offerings at three of its four nearby competitors. Where 807 Robinson Street, 2043 Prospect Street, and 2035 Prospect Street each list only a shared laundry room, the subject provides an indoor pool with adjacent hot tub and sauna/steam room, a dedicated business centre and meeting room, a pet wash station alongside an outdoor basketball court, a rooftop terrace with BBQ area, and a rain room for all-weather recreation. 849 Brant Street, built in 1953, reports no listed amenities at all. This breadth of wellness, social, and productivity infrastructure is best suited to young professionals and small families who want resort-style daily living steps from Burlington's core without the wait for a 2026 delivery.