Market Data as of August 31, 2026
Affinity East Condominiums — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Affinity East Condominiums at 340 Plains Rd E in Burlington's Aldershot neighbourhood is a fully occupied, established residential building completed in 2020 by Rosehaven Homes, comprising 65 suites with zero units currently listed for rent. The building's availability rate sits at 0 percent, and recent leasing activity shows no closed leases in the trailing 30 days, two closed leases over the past 90 days at an average of $2,600 per month and 29 days on market, and four total tracked leases over the past year averaging $2,463 per month.
With no active listings to benchmark, the most recent realized lease data tells the pricing story: the building's all-time average lease rate of $3.08 per square foot across an average 801-square-foot suite sits 10.2 percent below the Aldershot submarket's average realized lease rate of $3.42 per square foot. The 90-day cohort nudged slightly higher at $3.07 per square foot and $2,600 per month, still well under the submarket's current average asking rate of $3.83 per square foot and $2,257 per month. Tenants in this building have historically secured space at a meaningfully lower rate per square foot than the broader Aldershot market, even as nominal monthly rents land above the submarket average due to the building's larger suite footprints.
Marketing friction cannot be assessed from the active side because no units are currently on the market, but the closed-lease record shows a 29-day average time to lease over the trailing 90 days, which is 8 days faster than the Aldershot submarket benchmark of 37 days. Across all four tracked historical leases, tenants negotiated an average concession of $75 per month, or 2.93 percent below asking, with 75 percent of deals closing under the initial list price and an annualized savings of $900 per unit. Renter options at this address are currently nonexistent; prospective tenants should monitor the Aldershot submarket's 11 active listings or set alerts for when a suite at Affinity East re-enters the market.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-04-27 | 2 | 2375 | 750 | 3.17 | 4 |
| 2026-04-28 | 2 | 2375 | 750 | 3.17 | 5 |
| 2026-04-29 | 2 | 2375 | 750 | 3.17 | 6 |
| 2026-04-30 | 2 | 2375 | 750 | 3.17 | 7 |
| 2026-05-01 | 2 | 2375 | 750 | 3.17 | 8 |
| 2026-05-02 | 2 | 2375 | 750 | 3.17 | 9 |
| 2026-05-03 | 1 | 2400 | 750 | 3.20 | 8 |
| 2026-05-04 | 1 | 2400 | 750 | 3.20 | 9 |
| 2026-05-05 | 1 | 2400 | 750 | 3.20 | 10 |
| 2026-05-06 | 1 | 2400 | 750 | 3.20 | 11 |
| 2026-05-07 | 1 | 2400 | 750 | 3.20 | 12 |
| 2026-05-08 | 1 | 2400 | 750 | 3.20 | 13 |
| 2026-05-09 | 1 | 2400 | 750 | 3.20 | 14 |
| 2026-05-10 | 1 | 2400 | 750 | 3.20 | 15 |
| 2026-05-11 | 1 | 2400 | 750 | 3.20 | 16 |
| 2026-05-12 | 1 | 2400 | 750 | 3.20 | 17 |
| 2026-05-26 | 1 | 2900 | 950 | 3.05 | N/A |
| 2026-05-27 | 1 | 2900 | 950 | 3.05 | 1 |
| 2026-05-28 | 1 | 2900 | 950 | 3.05 | 2 |
| 2026-05-29 | 1 | 2900 | 950 | 3.05 | 3 |
| 2026-05-30 | 1 | 2900 | 950 | 3.05 | 4 |
| 2026-05-31 | 1 | 2900 | 950 | 3.05 | 5 |
| 2026-06-01 | 1 | 2900 | 950 | 3.05 | 6 |
| 2026-06-02 | 1 | 2900 | 950 | 3.05 | 7 |
| 2026-06-03 | 1 | 2900 | 950 | 3.05 | 8 |
| 2026-06-04 | 1 | 2900 | 950 | 3.05 | 9 |
| 2026-06-05 | 1 | 2900 | 950 | 3.05 | 10 |
| 2026-06-06 | 1 | 2900 | 950 | 3.05 | 11 |
| 2026-06-07 | 1 | 2900 | 950 | 3.05 | 12 |
| 2026-06-08 | 1 | 2900 | 950 | 3.05 | 13 |
| 2026-06-09 | 1 | 2900 | 950 | 3.05 | 14 |
| 2026-06-16 | 1 | 2500 | 752 | 3.32 | N/A |
| 2026-06-17 | 1 | 2500 | 752 | 3.32 | 1 |
| 2026-06-18 | 1 | 2500 | 752 | 3.32 | 2 |
| 2026-06-19 | 1 | 2500 | 752 | 3.32 | 3 |
| 2026-06-20 | 1 | 2500 | 752 | 3.32 | 4 |
| 2026-06-21 | 1 | 2500 | 752 | 3.32 | 5 |
| 2026-06-22 | 1 | 2500 | 752 | 3.32 | 6 |
| 2026-06-23 | 1 | 2500 | 752 | 3.32 | 7 |
| 2026-06-24 | 1 | 2500 | 752 | 3.32 | 8 |
| 2026-06-25 | 1 | 2500 | 752 | 3.32 | 9 |
| 2026-06-26 | 1 | 2500 | 752 | 3.32 | 10 |
| 2026-06-27 | 1 | 2500 | 752 | 3.32 | 11 |
| 2026-06-28 | 1 | 2500 | 752 | 3.32 | 12 |
| 2026-06-29 | 1 | 2500 | 752 | 3.32 | 13 |
| 2026-06-30 | 1 | 2500 | 752 | 3.32 | 14 |
| 2026-07-01 | 1 | 2500 | 752 | 3.32 | 15 |
| 2026-07-02 | 1 | 2500 | 752 | 3.32 | 16 |
| 2026-07-03 | 1 | 2500 | 752 | 3.32 | 17 |
| 2026-07-04 | 1 | 2500 | 752 | 3.32 | 18 |
| 2026-07-05 | 1 | 2500 | 752 | 3.32 | 19 |
| 2026-07-06 | 1 | 2500 | 752 | 3.32 | 20 |
| 2026-07-07 | 1 | 2500 | 752 | 3.32 | 21 |
| 2026-07-08 | 1 | 2500 | 752 | 3.32 | 22 |
| 2026-07-09 | 1 | 2500 | 752 | 3.32 | 23 |
| 2026-07-10 | 1 | 2500 | 752 | 3.32 | 24 |
| 2026-07-11 | 1 | 2500 | 752 | 3.32 | 25 |
| 2026-07-12 | 1 | 2500 | 752 | 3.32 | 26 |
| 2026-07-13 | 1 | 2500 | 752 | 3.32 | 27 |
| 2026-07-14 | 1 | 2500 | 752 | 3.32 | 28 |
| 2026-07-15 | 1 | 2500 | 752 | 3.32 | 29 |
| 2026-07-16 | 1 | 2500 | 752 | 3.32 | 30 |
| 2026-07-17 | 1 | 2500 | 752 | 3.32 | 31 |
| 2026-07-18 | 1 | 2500 | 752 | 3.32 | 32 |
| 2026-07-19 | 1 | 2500 | 752 | 3.32 | 33 |
| 2026-07-20 | 1 | 2500 | 752 | 3.32 | 34 |
| 2026-07-21 | 1 | 2500 | 752 | 3.32 | 35 |
| 2026-07-22 | 1 | 2500 | 752 | 3.32 | 36 |
| 2026-07-23 | 1 | 2500 | 752 | 3.32 | 37 |
| 2026-07-24 | 1 | 2500 | 752 | 3.32 | 38 |
| 2026-07-25 | 1 | 2500 | 752 | 3.32 | 39 |
| 2026-07-26 | 1 | 2500 | 752 | 3.32 | 40 |
| 2026-07-27 | 1 | 2500 | 752 | 3.32 | 41 |
12-Month Market Dynamics & Trend Trajectory
Affinity East Condominiums clears at an average $2,463 per month and $3.08 per square foot, positioning the building 11.9% above the Aldershot submarket average lease rent of $2,205 while pricing 10.2% below the submarket's $3.42 per square foot benchmark. This combination signals that tenants are paying a modest nominal rent premium for the building's specific unit mix and finishes, yet the rate per square foot remains more competitive than the broader Aldershot market, suggesting the 801-square-foot average suite footprint delivers better space value than submarket peers. Pricing discipline at Affinity East Condominiums tilts clearly toward tenant leverage, with 75% of tracked leases closing below asking and an average concession of $75 per month (2.93%). The annualized impact of this landlord discount is $900 per lease in tenant savings, a pattern consistent with a small-volume market where owners prefer a quick close over holding out for full asking. No premium or at-asking transactions were recorded, reinforcing that the building's four lifetime leases all settled in the tenant's favour.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2250 | 750 | 3.00 | 12 |
| 2026-05-10 | 1 | 2400 | 750 | 3.20 | 18 |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 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 | 1 | 2800 | 950 | 2.95 | 15 |
| 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 | 0 | N/A | N/A | N/A | N/A |
| 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 | 2400 | 752 | 3.19 | 42 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Affinity East Condominiums at 340 Plains Rd E sits in a tight cluster of four nearby buildings along Plains Road East in Burlington's Aldershot submarket. Two active competitors generated closed lease transactions over the trailing 180 days: Affinity Condominiums – Building A at 320 Plains Rd E (0.06 km, built in 2020) recorded 2 closed leases, and Jazz Condos at 457 Plains Rd E (0.41 km, built in 2016) recorded 5 closed leases. Two additional buildings serve as architectural references only, having logged zero lease transactions in the same window: Dovercourt at 391 Plains Rd E (0.21 km, built in 2005) and Westwood at 396 Plains Rd E (0.22 km, built in 2009). The active peer set spans a four-year construction gap (2016–2020), while the zero-volume references represent an earlier generation of mid-rise product from the mid-2000s to late 2000s. The four-building comp set averages $2,310 per month in realized rent, $3.62 per square foot, and 659 square feet of interior space. Affinity East's all-time realized average of $2,463 per month and 801 square feet places it above the comp benchmark on both total rent and footprint, yet its $3.08 per square foot rate sits meaningfully below the $3.62 comp average. The building's value proposition in this pocket is straightforward: renters pay a modest nominal premium over the blended comp rent in exchange for substantially more interior area, while the per-square-foot cost remains the most competitive among active peers. At 65 suites and a 2020 build date, Affinity East occupies the newest, largest-suite tier of this immediate cluster.
Comparable Analysis & Questions
How do rental rates at Affinity East Condominiums compare to neighbouring buildings within Aldershot?
Affinity East Condominiums realizes an average lease rent of $2,463 per month, which is $153 above the four-building comp benchmark of $2,310 and $258 above the Aldershot submarket average of $2,205. Among active competitors, Affinity Condominiums – Building A at 320 Plains Rd E (0.06 km, 2 closed leases) averages $2,213 per month, placing the subject $250 higher; Jazz Condos at 457 Plains Rd E (0.41 km, 5 closed leases) averages $2,406 per month, placing the subject $57 higher. Dovercourt at 391 Plains Rd E (0.21 km) and Westwood at 396 Plains Rd E (0.22 km) each recorded zero closed leases over the trailing 180 days and therefore carry no realized rent benchmark for direct comparison.
Does Affinity East Condominiums offer a competitive price-per-square-foot ($/SF) against local comparables?
Affinity East Condominiums leases at $3.08 per square foot across an average 801-square-foot suite, trading at a discount below both active competitors while delivering more interior space than either. Against Affinity Condominiums – Building A (0.06 km, $3.57 per square foot, 623 sq ft), the subject offers a $0.49 per square foot (13.7%) lower rate and 178 more square feet of interior area; against Jazz Condos (0.41 km, $3.67 per square foot, 694 sq ft), the subject trades at a $0.59 per square foot (16.1%) discount with 107 additional square feet. The nominal rent premium over both peers is entirely a function of the larger footprint rather than a higher per-unit valuation—renters at Affinity East pay more in total dollars but less for every square foot of living space they occupy.
How do building age, amenities, and developer reputation impact rent spreads?
Affinity East Condominiums provides a ten-feature lifestyle package including a Business Centre, Gym & Fitness Centre, Yoga Studio, Rooftop Terrace, EV Charging Station, and Games & Billiards Room, positioning it as a full-service residential building within this cluster. The subject's Business Centre is absent from both active competitors—Affinity Condominiums – Building A and Jazz Condos—giving Affinity East a distinct remote-work and professional-services edge. Conversely, Building A adds a Fire Pit and Meeting Room, while Jazz Condos layers on a Library & Reading Room, Dining Room & Kitchen, and Shared Laundry Room that the subject does not offer. The zero-volume references, Dovercourt and Westwood, carry smaller amenity sets (seven and five features respectively) with no EV charging, yoga studio, or games room. This package best serves young professionals and small households in Burlington who prioritize a dedicated business workspace, daily fitness access, and rooftop social space without the step-up cost of the larger-rent alternatives nearby.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Affinity East Condominiums.
Building Amenities
- Concierge & Security
- Party & Lounge Room
- Games & Billiards Room
- Gym & Fitness Centre
- Yoga Studio
- Rooftop Terrace
- BBQ Area
- EV Charging Station
- Business Centre
- Garden & Courtyard
Residential Buildings in the Vicinity
- Affinity Condominiums - Building A65 m
- Dovercourt210 m
- Westwood221 m
- Jazz Condos411 m
- 1093 Gallagher Road518 m
- Northshore561 m
- 847 Long Drive1.1 km
- The West1.1 km
- Seasons Condominiums1.2 km
- Halton Tower1.2 km
- Oaklands Green F2.1 km
- Oaklands Green D2.1 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Affinity East Condominiums.
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.