Waterfront Trails — Rental Market Data

Waterfront Trails holds one active listing as of August 31, 2026, priced at $2,000 per month, which is simultaneously the minimum, maximum, average, and median asking rent. The suite measures 550 square feet at $3.64 per square foot. The sole available unit is a one-bedroom layout, meaning 100 percent of current inventory sits in the entry-level tier with no multi-bedroom or executive options on the market.

The one-bedroom tier accounts for 100 percent of Waterfront Trails' active inventory, with a single listing at $2,000 per month. That unit spans 550 square feet at $3.64 per square foot, and no other bedroom tier currently has available units. Renters seeking two-bedroom or larger layouts at this address will find zero options in the active dataset.

Waterfront Trails' active availability is concentrated in a single price point: the minimum and maximum asking rents are both $2,000 per month, producing a dollar spread of $0 and a percentage spread of 0 percent. The median asking rent is likewise $2,000. The entry-level and peak suite are the same unit—a one-bedroom at 550 square feet and $3.64 per square foot—so there is no tiered pricing ladder to navigate.

Waterfront Trails does not have a quantifiable den premium in its current active listings, as the single available unit is a one-bedroom without a den component to isolate. Parking premium data cannot be reliably isolated from the current listing sample, though historical leases at this building established a verified benchmark of $105 per month for a parking stall. Renters should confirm current parking availability and cost directly with the leasing office.

Waterfront Trails asks $2,000 per month at $3.64 per square foot, compared to the Stoney Creek submarket asking average of $2,180 per month at $3.01 per square foot. The building's lower nominal rent is driven by its more compact 550-square-foot suite rather than cheaper unit pricing, as the per-square-foot rate runs 20.9 percent above the submarket asking benchmark. Waterfront Trails represents one of 33 active listings across the broader Stoney Creek submarket.

Waterfront Trails leases at an average of $2,137 per month, which is $113 (5.6%) above the four-building comp average of $2,024 and positions the subject above both active-transaction competitors in the immediate area. Sapphire Condos Building 1 at 125 Shoreview Pl, completed in 2019 and located 0.23 kilometres away, recorded 14 closed leases over the past 180 days at an average rent of $2,064 per month, $3.22 per square foot, and 647 average square feet. Muse at 461 Green Rd, a 2025 completion 0.30 kilometres distant, logged 18 closed leases at an average of $1,983 per month, $3.28 per square foot, and 609 average square feet. The two 1977-era buildings—Shoreliner at 500 Green Rd and Bayliner at 301 Frances Ave, both 0.13 kilometres away—recorded no closed lease transactions in the trailing 180-day window, so no rent benchmark is available for direct comparison.

Waterfront Trails trades at $3.53 per square foot on an average 614-square-foot suite, commanding a premium over both Sapphire Condos Building 1 at $3.22 per square foot (647 sq ft) and Muse at $3.28 per square foot (609 sq ft), while the submarket-wide leased benchmark sits at $3.08 per square foot. Against Sapphire Condos, the subject's $0.31-per-square-foot premium (9.6% higher) comes with 33 fewer interior square feet, meaning tenants pay more per unit of space for the 2016 building's waterfront positioning and dedicated yoga studio. Versus Muse, the subject's $0.25-per-square-foot premium (7.6% higher) is offset by 5 additional square feet of interior area, so the size penalty is minimal and the value conversation centres on Waterfront Trails' established address and meeting-room access rather than raw footprint. Tenants choosing Waterfront Trails over the 1977-era Shoreliner and Bayliner towers gain a modern building with a rooftop terrace and fitness programming, though they forgo the outdoor pools, saunas, and car wash bays those legacy properties still offer.

Waterfront Trails differentiates itself in the Stoney Creek waterfront cluster through a wellness-forward amenity stack that includes a dedicated Yoga Studio, a Rooftop Terrace, a Meeting Room, and a Games & Billiards Room—features that collectively set it apart from at least two of its four nearby competitors. The Yoga Studio is absent from all four comparables, giving Waterfront Trails a singular fitness offering that neither the 1977-era Shoreliner and Bayliner towers nor the newer Sapphire Condos and Muse buildings replicate. The Rooftop Terrace, shared with Sapphire Condos and Muse, is missing from both Shoreliner and Bayliner, which instead rely on outdoor pools and hot tubs for outdoor programming. The Meeting Room, present at Waterfront Trails and three of the four comps, is notably absent from Muse, whose 2025 build-out favours a Media & Theatre Room and Studio Space over a dedicated business meeting area. The Games & Billiards Room, found at Waterfront Trails and the three older or mid-era comps, is also missing from Muse. This combination of a private yoga studio, rooftop social space, and professional meeting room best serves active professionals and wellness-oriented renters in Hamilton who want a turnkey fitness and networking environment without the resort-style pools of the 1977 towers or the tech-heavy lifestyle programming of the 2025 Muse building.