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Market Data as of August 31, 2026

Mountainview Apartments — Rental Market Data

325a James Street S, Hamilton, Ontario L8P 3B7
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
2-Bedroom
2
$2,100
Studio
1
$1,499

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypePurpose-Built Rental
Year Completed1927
Total Suites73
DeveloperNot Disclosed

Mountainview Apartments, situated at 325a James Street S in the Central Hamilton submarket, is an established 73-suite residential development built in 1927. The property currently records 3 active listings yielding an availability rate of 4.1 percent. Recent leasing velocity is supported by a 90-day closed count of 7 leases averaging 26 days on market, alongside a 30-day closed count of 6 leases averaging 26 days on market.

Active asking rents average $1,899 per month at an average rate of $3.41 per square foot, tracking against realized 90-day leases which averaged $1,617 per month at $2.80 per square foot. Current active inventory skews toward larger layouts averaging 638 square feet compared to historical lease averages of 619 square feet. The active asking rate per square foot of $3.41 sits 16 percent above the Central Hamilton submarket asking benchmark of $2.94 per square foot.

Marketing friction remains minimal, with zero unrented units delisted during the observation window, while tenants secured an average discount of $76 per month (or 4.2 percent) below asking across recent leases. Inventory distribution provides deep selection within 2-bedroom suites commanding a 66.7 percent share of active supply, while studio apartments offer a single available listing representing a 33.3 percent share.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Mountainview Apartments as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
-3 (50.0%)
Avg Asking Rent$1,899
+$84 (4.6%)
Avg Suite Size638 sf
-32 sf (4.8%)
Avg Days on Market53d
+31d (148.8%)
Avg Asking $/SF$3.41
+$0.47 (16.0%)

Active Market Insights & Questions

How has rental availability changed at Mountainview Apartments recently?

Mountainview Apartments holds 3 active listings as of August 31, 2026, featuring a price range spanning from $1,499 to $2,199 per month with an average asking rent of $1,899 per month and a median asking rent of $2,000 per month. Current active inventory averages 638 square feet at an asking rate of $3.41 per square foot. Multi-bedroom layouts dominate the available supply, indicating that active inventory leans toward larger layouts rather than compact entry-level suites.

What floor plans and unit layouts are currently available at Mountainview Apartments?

The 2-Bedroom layout represents the dominant active inventory at Mountainview Apartments, accountingK for 2 listings and a 66.7 percent share of available supply. Available 2-bedroom units command an average asking rent of $2,100 per month at $2.67 per square foot across an average of 804 square feet, representing a small selection. Studio suites comprise the remaining active supply with 1 listing representing a 33.3 percent share, asking $1,499 per month at $4.88 per square foot across 307 square feet.

What is the average asking rent and $/SF by suite size at Mountainview Apartments?

Mountainview Apartments features a minimum entry rent of $1,499 per month and a peak asking rent of $2,199 per month, establishing a dollar spread of $700 per month or a 46.7 percent spread. The median asking rent sits at $2,000 per month. The entry-level suite consists of a studio layout spanning 307 square feet asking $4.88 per square foot, while the peak suite is a 2-bedroom layout spanning 707 square feet asking $3.11 per square foot.

How much extra do parking spaces and dens cost at Mountainview Apartments?

Active den premium data is not applicable at Mountainview Apartments, as current listings do not feature quantifiable den square footage deltas or marginal price adjustments. Active parking stalls are available for an established fee of $199 per month, with parking premiums verified directly from current lease data.

How do asking rents at Mountainview Apartments compare to local and municipal benchmarks?

Mountainview Apartments asks an average rent of $1,899 per month at $3.41 per square foot, comparing against the Central Hamilton submarket asking averages of $2,026 per month and $2.94 per square foot. The building's lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing, resulting in an asking rate per square foot that stands 16 percent above the submarket asking benchmark. The property currently accounts for a 1.5 percent share of total submarket active 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 Mountainview Apartments (Data period: For the month of August 2026).

Units Leased6
Avg Leased Price$1,587
Avg Leased Size619 sf
Avg Days to Lease26d
Leased $/SF$2.78

Leased Transaction Insights & Questions

How many suites were leased at Mountainview Apartments last month, and how fast did they rent?

Mountainview Apartments recorded a 30-day average days on market of 26 days and a 90-day average days on market of 26 days, outpacing the Central Hamilton submarket benchmark of 45 days. Leasing turnover accelerated significantly over the summer months, with 6 leases closing in the 30-day window, 7 leases over the 90-day window, and 8 total leases completed over the lifetime tracking period.

What is the negotiation spread between asking rents and closed lease prices at Mountainview Apartments?

Mountainview Apartments saw tenants secure an average discount of $76 per month, representing a 4.2% reduction below asking prices and delivering $912 in annual tenant savings per lease. Exactly 50% of closed leases settled below asking price, reflecting clear tenant pricing leverage and landlord leasing concessions.

What are typical executed lease prices across different layouts at Mountainview Apartments?

Mountainview Apartments leased volume was anchored by 1-Bedroom suites, which logged 6 closed leases with an average rent of $1,608 per month, a median rent of $1,574 per month, a P25-P75 range of $1,499 to $1,687 per month, an average square footage of 657 square feet, a rate of $2.47 per square foot, and an average days on market of 24 days across a moderate sample. Studio suites represented an individual single transaction (1 closed lease) averaging $1,325 per month, with a median rent of $1,325 per month, a P25-P75 range of $1,325 to $1,325 per month, an average square footage of 307 square feet, a rate of $4.32 per square foot, and 11 days on market (note that this represents an individual transaction rather than a broad statistical benchmark). 2-Bedroom suites also represented an individual single transaction (1 closed lease) averaging $1,999 per month, with a median rent of $1,999 per month, a P25-P75 range of $1,999 to $1,999 per month, an average square footage of 707 square feet, a rate of $2.83 per square foot, and 56 days on market (note that this represents an individual transaction rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Mountainview Apartments?

Mountainview Apartments realized parking premium data was unavailable due to insufficient paired data across historical lease records. Historical suite leasing patterns indicate that parking was either bundled directly into base rents or omitted from line-item transaction records. By comparison, active building listings currently feature a verified parking premium of $199 per month.

How does the lease-to-listing ratio at Mountainview Apartments reflect current tenant demand?

Mountainview Apartments experienced a fluctuating rent trajectory across the tracked leasing timeline. May 2026 recorded 1 closed deal averaging $1,650 per month at $2.36 per square foot with 33 days on market. July 2026 posted 1 closed deal averaging $1,799 per month at $2.93 per square foot with 27 days on market. August 2026 scaled to 6 closed deals averaging $1,587 per month at $2.78 per square foot with 26 days on market.

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)
2026-04-27317807002.5432
2026-04-28317807002.5433
2026-04-29317807002.5434
2026-04-30317807002.5435
2026-05-01217807002.547
2026-05-02217807002.548
2026-05-03217807002.549
2026-05-04416777002.405
2026-05-05416777002.406
2026-05-06416777002.407
2026-05-07416777002.408
2026-05-08416777002.409
2026-05-09416777002.4010
2026-05-10416777002.4011
2026-05-11416777002.4012
2026-05-12416777002.4013
2026-05-13416777002.4014
2026-05-14416777002.4015
2026-05-15416777002.4016
2026-05-16416777002.4017
2026-05-17416777002.4018
2026-05-18416777002.4019
2026-05-19416777002.4020
2026-05-20416777002.4021
2026-05-21416777002.4022
2026-05-22416777002.4023
2026-05-23416777002.4024
2026-05-24416777002.4025
2026-05-25416777002.4026
2026-05-26416777002.4027
2026-05-27215757002.2523
2026-05-28215757002.2524
2026-05-29215757002.2525
2026-05-30215757002.2526
2026-05-31215757002.2527
2026-06-01215757002.2528
2026-06-02215757002.2529
2026-06-03215757002.2530
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2026-06-05215757002.2532
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2026-06-11215757002.2538
2026-06-12215757002.2539
2026-06-13215757002.2540
2026-06-14215757002.2541
2026-06-15215757002.2542
2026-06-16215757002.2543
2026-07-03318325433.64N/A
2026-07-04318325433.641
2026-07-05318325433.642
2026-07-06318325433.643
2026-07-07417495823.263
2026-07-08417495823.264
2026-07-09417495823.265
2026-07-10517996463.065
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2026-07-14517996463.069
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2026-07-18618666563.0711
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2026-07-20618666563.0713
2026-07-21718136622.9312
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2026-07-23718136622.9314
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2026-07-27718136622.9318
2026-07-28718136622.9319
2026-07-29718136622.9320
2026-07-30618166702.9320
2026-07-31618166702.9321
2026-08-01518796643.0924
2026-08-02518796643.0925
2026-08-03518796643.0926
2026-08-04518796643.0927
2026-08-05518796643.0928
2026-08-06917446113.1216
2026-08-07917446113.1217
2026-08-08917446113.1218
2026-08-09917446113.1219
2026-08-10917446113.1220
2026-08-11917446113.1221
2026-08-12917446113.1222
2026-08-13718136003.3528
2026-08-14718136003.3529
2026-08-15718136003.3530
2026-08-16718136003.3531
2026-08-17618666493.1036
2026-08-18618666493.1037
2026-08-19618666493.1038
2026-08-20618666493.1039
2026-08-21519396393.2938
2026-08-22519396393.2939
2026-08-23519396393.2940
2026-08-24519396393.2941
2026-08-25519396393.2942
2026-08-26519396393.2943
2026-08-27519396393.2944
2026-08-28418746223.3443
2026-08-29318996383.4151
2026-08-30318996383.4152
2026-08-31318996383.4153

12-Month Market Dynamics & Trend Trajectory

Mountainview Apartments delivered a lifetime leasing volume of 8 completed transactions with an average monthly rent of $1,621 per month and a realized rate of $2.75 per square foot. Suites averaged 619 square feet with a lifetime average days on market of 27 days, demonstrating steady tenant absorption across the 1927-built Central Hamilton property. Transaction distribution reflected moderate pricing flexibility, with half of all closed leases securing financial concessions below initial asking figures. Tenants successfully leveraged market conditions to achieve an average monthly discount of $76 per month, translating to $912 in annual savings per lease while landlords absorbed lower net operating revenue to maintain occupancy.

Loading inventory data…

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
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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)
2026-05-24116507002.3633
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26216496582.5319
2026-08-020N/AN/AN/AN/A
2026-08-09114996502.317
2026-08-16214125043.2328
2026-08-23218496412.8940

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Mountainview Apartments, located at 325a James Street S, is evaluated against four direct competitors within a 0.46 kilometer radius in Central Hamilton: St. Joseph's Apartments at 118 St Josephs Drive (built in 1948, 0.39 km away, with 1 active listing), The Clifton at 81 Charlton Ave E (built in 1997, 0.41 km away, with 0 active listings), 46 Herkimer Condos at 46 Herkimer Street (built in 1993, 0.43 km away, with 1 active listing), and Olympia at 150 Charlton Ave E (built in 1975, 0.46 km away, with 5 active listings). The buildings present a clear contrast between mid-century properties built in the 1940s and 1970s and late-century condominium towers from the 1990s. Across the competitive micro-market, the overall benchmark average rent sits at $1,940 per month, with an average rate of $3.50 per square foot across an average footprint of 574 square feet. Mountainview Apartments operates as a property built in 1927, positioning its historical character alongside newer mid-century and late-century alternatives. While modern builds command higher absolute rents due to recent finishings, Mountainview Apartments leverages its classic scale to deliver competitive value per square foot relative to the surrounding multi-residential inventory.

118 St Josephs Drive, Hamilton

Avg Asking$1,327/mo
Avg $/SF$3.25
Rent Spread:
-$572/mo (-30.1%) Lower

81 Charlton Ave E, Hamilton

Avg Asking$1,800/mo
Avg $/SF$2.90
Rent Spread:
-$99/mo (-5.2%) Lower

46 Herkimer Street, Hamilton

Avg Asking$2,975/mo
Avg $/SF$3.08
Rent Spread:
+$1,076/mo (+56.6%) Higher
Olympia465 m

150 Charlton Ave E, Hamilton

Avg Asking$1,789/mo
Avg $/SF$3.44
Rent Spread:
-$110/mo (-5.8%) Lower

125 Forest Avenue, Hamilton

Avg Asking$1,627/mo
Avg $/SF$2.18
Rent Spread:
-$272/mo (-14.3%) Lower

90 Charlton Ave W, Hamilton

Avg Asking$2,161/mo
Avg $/SF$3.31
Rent Spread:
+$262/mo (+13.8%) Higher

Comparable Analysis & Questions

How do rental rates at Mountainview Apartments compare to neighbouring buildings within Central Hamilton?

Mountainview Apartments records an average all-time lease rent of $1,621 per month, which tracks competitively against the overall comparable benchmark average of $1,940 per month across active area competitors. St. Joseph's Apartments (118 St Josephs Drive) reports an average lease rent of $1,229 per month at $3.32 per square foot across an average suite size of 370 square feet. 46 Herkimer Condos (46 Herkimer Street) achieves an average lease rent of $2,800 per month at $4.00 per square foot across an average layout of 700 square feet. Olympia (150 Charlton Ave E) logs an average lease rent of $1,790 per month at $3.18 per square foot across an average unit size of 653 square feet. The Clifton (81 Charlton Ave E) maintains zero closed leases in the past 180 days, so specific lease rent metrics are unavailable.

Does Mountainview Apartments offer a competitive price-per-square-foot ($/SF) against local comparables?

Mountainview Apartments delivers an average lease rate of $2.75 per square foot across an average suite size of 619 square feet, positioning its value proposition below the overall submarket average rate of $3.09 per square foot. Renters trade newer condominium finishes and modern amenity packages found at properties like 46 Herkimer Condos, which leases at $4.00 per square foot for 700 square feet, in favor of Mountainview Apartments's more affordable square footage. Similarly, renters compare Mountainview Apartments against Olympia at $3.18 per square foot across 653 square feet, St. Joseph's Apartments at $3.32 per square foot across 370 square feet, and The Clifton at parity square footage, capturing lower baseline housing costs while maintaining central access in Hamilton.

How do building age, amenities, and developer reputation impact rent spreads?

Mountainview Apartments offers a focused resident amenity profile featuring a shared laundry room and concierge and security services. When contrasted with nearby peers, Mountainview Apartments provides standard security and operational convenience comparable to St. Joseph's Apartments, which similarly features a shared laundry room and concierge and security services. Meanwhile, properties like Olympia deliver an extensive recreational suite including an indoor pool, a gym and fitness centre, a sauna and steam room, a squash and racquetball court, a party and lounge room, a meeting room, a games and billiards room, a media and theatre room, a rooftop terrace, and an on-site convenience store. Additionally, The Clifton incorporates outdoor lifestyle features such as an outdoor children's playground and a garden and courtyard alongside shared laundry. Mountainview Apartments best serves cost-conscious renters who prioritize central urban positioning and essential security over extensive recreational facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Mountainview Apartments.

Building Amenities

  • Shared Laundry Room
  • Concierge & Security

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Mountainview Apartments.

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.