Market Data as of August 31, 2026
Tansley Gardens III — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Tansley Gardens III at 4015 Kilmer Dr in Burlington is an established residential building completed in 1997 by Sutherland Development containing 48 total suites, currently registering zero active listings and an availability rate of 0%. Zero units have been leased over the trailing 90-day period (averaging 0 days on market) and zero units over the trailing 30-day period (averaging 0 days on market), reflecting a tightly held inventory with no recent leasing turnover.
Active asking rent, rate per square foot, and pricing spreads cannot be computed for Tansley Gardens III due to a complete lack of active inventory. Consequently, direct comparisons to the broader Burlington North submarket asking benchmarks of $2,385 per month and $3.57 per square foot are unavailable for current listings.
Marketing friction metrics such as closed days on market and negotiation spreads are unavailable for Tansley Gardens III given the absence of active or historical leasing transactions in the dataset. Prospective tenants seeking residency in this 48-suite building will encounter zero availability across all layout tiers, requiring them to monitor future turnover or explore alternative properties in the Burlington North submarket.
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Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Tansley Gardens III at 4015 Kilmer Dr competes directly within a compact residential cluster in Burlington North alongside Tansley Gardens II (4013 Kilmer Dr, located 0.05 km away, completed in 1997 with 3 active listings), Tansley Gardens I (4025 Kilmer Dr, located 0.06 km away, completed in 1997 with 1 active listing), Kensington Gate II (4016 Kilmer Dr, located 0.06 km away, completed in 2005 with 0 active listings), and Tansley Gardens V (4005 Kilmer Dr, located 0.1 km away, completed in 1998 with 0 active listings). This micro-market is defined by late-1990s structural generations, with Kensington Gate II representing a slightly newer mid-2000s build phase. Positioned squarely within this established Burlington North node, Tansley Gardens III shares a stabilized completion era from 1997 that aligns with the broader comparative benchmark of $2,259 per month at $3.42 per square foot across an average suite size of 691 square feet. The subject building's scale and age-driven value proposition mirror its immediate neighbours on Kilmer Dr, offering renters consistent mid-tier density and established community infrastructure without the premium pricing of newer transit-oriented developments.
Comparable Analysis & Questions
How do rental rates at Tansley Gardens III compare to neighbouring buildings within Burlington North?
Tansley Gardens III operates alongside an overall competitive benchmark average lease rent of $2,259 per month at $3.42 per square foot across competing buildings on Kilmer Dr. Among the active comparative set, Tansley Gardens II at 4013 Kilmer Dr reports an average lease rent of $2,317 per month at $2.84 per square foot across an average of 831 square feet. Tansley Gardens I at 4025 Kilmer Dr records an average lease rent of $2,200 per month at $4.00 per square foot across an average of 550 square feet. Additionally, Kensington Gate II at 4016 Kilmer Dr (completed in 2005) and Tansley Gardens V at 4005 Kilmer Dr (completed in 1998) currently record zero active lease transactions in the reporting period.
Does Tansley Gardens III offer a competitive price-per-square-foot ($/SF) against local comparables?
Tansley Gardens III positions itself within the Burlington North submarket benchmark of $2,230 per month at $3.43 per square foot by offering stable, age-tested square footage that aligns closely with the micro-market average of 691 square feet. Renters evaluating this building versus Tansley Gardens I (averaging 550 square feet at $4.00 per square foot) or Tansley Gardens II (averaging 831 square feet at $2.84 per square foot) trade off layout scale and density. While older 1990s construction can mean traditional floor plans rather than modern open-concept configurations, tenants benefit from more generous room dimensions relative to newer, compact high-rise alternatives without incurring premium utility burdens.
How do building age, amenities, and developer reputation impact rent spreads?
Tansley Gardens III delivers a focused lifestyle and amenity profile anchored by concierge and security services, positioning it competitively against its immediate Kilmer Dr peers. When compared to nearby alternatives, Tansley Gardens I features a BBQ area and a party and lounge room; Kensington Gate II offers a BBQ area, a party and lounge room, and a pet wash station; and Tansley Gardens V provides a party and lounge room, meeting room, BBQ area, games and billiards room, and concierge and security services. Meanwhile, Tansley Gardens II reports no listed onsite amenities in the dataset. This suite of offerings makes Tansley Gardens III well-suited for security-conscious professionals and long-term residents seeking reliable building management and established communal spaces.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Tansley Gardens III.
Building Amenities
- Concierge & Security
Residential Buildings in the Vicinity
- Tansley Gardens II51 m
- Tansley Gardens I56 m
- Kensington Gate II62 m
- Tansley Gardens V102 m
- Kensington Gate I110 m
- Tansley Gardens IV128 m
- Wedgewood I129 m
- Wedgewood III139 m
- ParkCity 2152 m
- Wedgewood II181 m
- Wedgewood V214 m
- Wedgewood IV236 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Tansley Gardens III.
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.