Valera - V1 — Rental Market Data

Valera - V1 features 4 active listings as of August 31, 2026, offering a price range of $2,300 to $2,395 per month with an average asking rent of $2,348 per month and a median asking rent of $2,348 per month. The active inventory maintains an average square footage of 625 square feet and an asking rate of $3.76 per square foot. Multi-bedroom configurations dominate the active inventory share at 75 percent, leaning the current availability toward multi-occupant executive layouts rather than compact entry-level units.

The 2-Bedroom layout dominates active inventory at Valera - V1, accounting for 3 listings and a 75 percent share of available units with an average rent of $2,363 per month across an average of 633 square feet at $3.74 per square foot. The remaining active inventory consists of 1-Bedroom + Den suites comprising 1 listing and a 25 percent share, averaging $2,300 per month across 602 square feet at $3.82 per square foot.

Valera - V1 records a minimum entry rent of $2,300 per month and a peak asking rent of $2,395 per month, creating a dollar spread of $95 and a percentage spread of 4.1 percent. The median asking rent stands at $2,348 per month across the building's active listings. The entry-level suite is represented by a 1-Bedroom + Den layout offering 602 square feet at $3.82 per square foot, while the peak suite is a 2-Bedroom layout spanning 631 square feet at $3.80 per square foot.

Valera - V1 has an active den premium dollar amount and square footage delta that are currently unavailable due to insufficient data. Consequently, the marginal cost per square foot for additional den space cannot be quantified from the active dataset. Active parking stall costs also cannot be reliably isolated due to an insufficient paired sample.

Valera - V1 asks an average monthly rent of $2,348 per month at a rate of $3.76 per square foot, comparing against the Burlington North submarket asking benchmark of $2,385 per month and $3.57 per square foot. Although the building's nominal monthly rent is slightly lower than the submarket average, the rate per square foot exceeds the benchmark by 5.3 percent due to more compact suite sizing. The building accounts for 4 active listings out of the 39 total active suites across the wider submarket.

Valera - V1 achieves an average lease rent that compares against an overall micro-market comp average of $2,453 per month, benchmarked alongside nearby developments including Valera - V2, Realm Condos, and 4870 Palladium Way. Valera - V2 at 3200 Dakota Common reports an average lease rent of $2,352 per month at $3.59 per square foot across an average of 667 square feet. Realm Condos at 4853 Thomas Alton Boulevard records an average lease rent of $2,225 per month at $3.42 per square foot across 650 square feet. Realm Condos at 4878 Powers Common Street logs an average lease rent of $2,136 per month at $3.40 per square foot across 639 square feet. Finally, 4870 Palladium Way registers an average lease rent of $3,100 per month at $2.58 per square foot across a significantly larger average footprint of 1,200 square feet.

Valera - V1 establishes its value proposition by balancing modern floor plan efficiency with competitive pricing against nearby alternatives and broader submarket benchmarks. Renters evaluating Valera - V1 versus older or alternative footprints weigh trade-offs such as the building's modern layout efficiency, lower utility burdens, and contemporary finishes against larger, alternative footprints that may command lower rates per square foot. Specifically, Valera - V1 offers larger average suite configurations compared to compact peers like Valera - V2 (667 square feet) and Realm Condos (639 to 650 square feet), while trading at a competitive rate per square foot relative to the wider Burlington North micro-market average of $3.25 per square foot.

Valera - V1 delivers an extensive lifestyle and amenity profile that aligns strongly with modern renter expectations in the Burlington North micro-market. The building features signature amenities including a concierge and security service, a gym and fitness centre paired with a dedicated yoga studio, an outdoor pool, a sauna and steam room, and a rooftop terrace for resident gatherings. When compared against competing properties in the immediate vicinity, such as Realm Condos (which features an outdoor basketball court and indoor kids' play room) and Valera - V2 (which includes a garden courtyard and fire pit), Valera - V1 provides a comparable resort-style package that particularly serves young professionals, couples, and downsizers seeking comprehensive wellness and social spaces on-site.