Market Data as of August 31, 2026
Kensington Gate II — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Kensington Gate II, situated at 4016 Kilmer Dr within the Burlington North neighborhood, is an established residential development completed in 2005 by developer Tobyn Park Homes containing 48 total suites, currently maintaining 2 active listings reflecting a 4.2% availability rate and an average of 32 days on market. Historical leasing velocity data is unavailable for the trailing 30-day and 90-day periods due to zero recorded historical leases in the dataset, while the past 90 days record 0 closed leases with an average of 0 days on market, alongside 0 closed leases and an average of 0 days on market over the past 30 days.
Current active asking rents average $2,300 per month at a rate of $3.61 per square foot across an average of 638 square feet, running slightly above the broader Burlington North submarket asking benchmark of $3.57 per square foot by 1.1%. Active inventory is entirely composed of 1-Bedroom suites, with active units averaging 638 square feet compared to unquantified realized historical lease averages.
Prospective renters will find a small selection restricted exclusively to 1-Bedroom configurations, as zero units are currently available in any other layout tier. Landlords navigate a balanced market environment with no delisted listings to compare against closed absorption baselines, while active listings require careful pricing alignment to capture tenant interest.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Kensington Gate II as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Kensington Gate II recently?
Kensington Gate II features 2 active listings as of August 31, 2026, offering a uniform price range of $2,300 per month with an average and median rent of $2,300 per month. These active units feature an average square footage of 638 square feet and an asking rate of $3.61 per square foot per month. One hundred percent of the current active inventory consists of 1-Bedroom floor plans, meaning available listings lean heavily toward compact entry-level rental formats.
What floor plans and unit layouts are currently available at Kensington Gate II?
The dominant active layout at Kensington Gate II is the 1-Bedroom tier, which accounts for 2 active listings and a 100% inventory share. This 1-Bedroom tier features an average rent of $2,300 per month across an average size of 638 square feet, yielding an average asking rate of $3.61 per square foot per month. There are zero units currently available in any other bedroom tier.
What is the average asking rent and $/SF by suite size at Kensington Gate II?
Kensington Gate II displays a minimum entry rent of $2,300 per month and a peak asking rent of $2,300 per month, resulting in a dollar spread of $0 and a percentage spread of 0%. The median asking rent rests at $2,300 per month. The entry-level suite is a 1-Bedroom layout spanning 626 square feet at an asking rate of $3.67 per square foot per month, while the peak suite is a 1-Bedroom layout spanning 650 square feet at an asking rate of $3.54 per square foot per month.
How much extra do parking spaces and dens cost at Kensington Gate II?
Kensington Gate II has no active den premium data available, as active den square footage deltas and dollar amounts are null. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, so parking stall costs cannot be quantified from current listings.
How do asking rents at Kensington Gate II compare to local and municipal benchmarks?
Kensington Gate II asks an average of $2,300 per month at $3.61 per square foot per month, compared to the Burlington North submarket asking benchmark of $2,385 per month at $3.57 per square foot per month. The building's asking rate per square foot sits 1.1% above the submarket average, while representing a small sample comprising roughly 5.1% of the submarket's 39 active listings.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-07-30 | 2 | 2300 | 638 | 3.61 | N/A |
| 2026-07-31 | 2 | 2300 | 638 | 3.61 | 1 |
| 2026-08-01 | 2 | 2300 | 638 | 3.61 | 2 |
| 2026-08-02 | 2 | 2300 | 638 | 3.61 | 3 |
| 2026-08-03 | 2 | 2300 | 638 | 3.61 | 4 |
| 2026-08-04 | 2 | 2300 | 638 | 3.61 | 5 |
| 2026-08-05 | 2 | 2300 | 638 | 3.61 | 6 |
| 2026-08-06 | 2 | 2300 | 638 | 3.61 | 7 |
| 2026-08-07 | 2 | 2300 | 638 | 3.61 | 8 |
| 2026-08-08 | 2 | 2300 | 638 | 3.61 | 9 |
| 2026-08-09 | 2 | 2300 | 638 | 3.61 | 10 |
| 2026-08-10 | 2 | 2300 | 638 | 3.61 | 11 |
| 2026-08-11 | 2 | 2300 | 638 | 3.61 | 12 |
| 2026-08-12 | 2 | 2300 | 638 | 3.61 | 13 |
| 2026-08-13 | 2 | 2300 | 638 | 3.61 | 14 |
| 2026-08-14 | 2 | 2300 | 638 | 3.61 | 15 |
| 2026-08-15 | 2 | 2300 | 638 | 3.61 | 16 |
| 2026-08-16 | 2 | 2300 | 638 | 3.61 | 17 |
| 2026-08-17 | 2 | 2300 | 638 | 3.61 | 18 |
| 2026-08-18 | 2 | 2300 | 638 | 3.61 | 19 |
| 2026-08-19 | 2 | 2300 | 638 | 3.61 | 20 |
| 2026-08-20 | 2 | 2300 | 638 | 3.61 | 21 |
| 2026-08-21 | 2 | 2300 | 638 | 3.61 | 22 |
| 2026-08-22 | 2 | 2300 | 638 | 3.61 | 23 |
| 2026-08-23 | 2 | 2300 | 638 | 3.61 | 24 |
| 2026-08-24 | 2 | 2300 | 638 | 3.61 | 25 |
| 2026-08-25 | 2 | 2300 | 638 | 3.61 | 26 |
| 2026-08-26 | 2 | 2300 | 638 | 3.61 | 27 |
| 2026-08-27 | 2 | 2300 | 638 | 3.61 | 28 |
| 2026-08-28 | 2 | 2300 | 638 | 3.61 | 29 |
| 2026-08-29 | 2 | 2300 | 638 | 3.61 | 30 |
| 2026-08-30 | 2 | 2300 | 638 | 3.61 | 31 |
| 2026-08-31 | 2 | 2300 | 638 | 3.61 | 32 |
12-Month Market Dynamics & Trend Trajectory
Kensington Gate II at 4016 Kilmer Dr in Burlington features a total of 48 residential suites completed in 2005 by Tobyn Park Homes. Historical records show zero lifetime lease transactions, preventing the calculation of baseline rent averages, rate per square foot figures, average suite sizes, or tenant turnover velocity. Pricing discipline and negotiation leverage cannot be evaluated for this property due to the total absence of closed lease records and historical list-to-lease spreads. Active inventory is currently limited to 2 units asking an average of $2,300 per month or $3.61 per square foot per month.
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Kensington Gate II operates in a competitive micro-market alongside nearby properties including Tansley Gardens III at 4015 Kilmer Dr (0.06 kilometers away, built in 1997, with 0 active listings), Wedgewood I at 1441 Walkers Line (0.08 kilometers away, built in 1998, with 1 closed lease), Kensington Gate I at 4006 Kilmer Dr (0.08 kilometers away, built in 2002, with 2 closed leases), and Wedgewood III at 1431 Walkers Line (0.08 kilometers away, built in 2000, with 0 active listings). These low-rise residential alternatives share a mature suburban neighborhood context, though Kensington Gate II represents a slightly younger structural generation built in 2005 compared to its 1990s and early-2000s peers. Across the broader competitive set, the overall comp average rent sits at $2,300 per month with an average rate of $2.65 per square foot per month across an average suite size of 878 square feet. Kensington Gate II maintains active positioning within this local cluster, aligning closely with adjacent historical benchmarks while reflecting the modern expectations of a mid-2000s construction era in the Burlington North submarket.
Comparable Analysis & Questions
How do rental rates at Kensington Gate II compare to neighbouring buildings within Burlington North?
Kensington Gate II records an average asking rent of $2,300 per month, matching the overall micro-market comp average of $2,300 per month across local benchmarks like Wedgewood I and Kensington Gate I. Individual competitor performance includes Wedgewood I at 1441 Walkers Line, which achieved an average lease rent of $2,350 per month at $2.76 per square foot per month across an average of 850 square feet. Kensington Gate I at 4006 Kilmer Dr recorded an average lease rent of $2,250 per month at $2.54 per square foot per month across 906 square feet. Meanwhile, Tansley Gardens III at 4015 Kilmer Dr and Wedgewood III at 1431 Walkers Line currently report no active lease transactions within the tracking period.
Does Kensington Gate II offer a competitive price-per-square-foot ($/SF) against local comparables?
Kensington Gate II positions its active suites at an average of $3.61 per square foot per month across an average size of 638 square feet, reflecting a compact, highly efficient footprint compared to older area alternatives. Renters evaluate a distinct trade-off between modern unit layouts and the larger, more traditional floor plans found in neighboring buildings like Kensington Gate I, which averages 906 square feet at $2.54 per square foot per month, and Wedgewood I, which averages 850 square feet at $2.76 per square foot per month. While older competitors offer lower nominal rates per square foot due to their expansive layouts, Kensington Gate II captures demand from tenants prioritizing contemporary efficiency over sprawling square footage in the Burlington North submarket.
How do building age, amenities, and developer reputation impact rent spreads?
Kensington Gate II delivers a robust lifestyle and amenity package that stands out competitively by featuring a BBQ Area, a Party & Lounge Room, and a dedicated Pet Wash Station. When compared against neighboring properties, the building matches or exceeds peer offerings such as Tansley Gardens III, which provides a Concierge & Security service, and Wedgewood I, which features a Gym & Fitness Centre, a Party & Lounge Room, a Meeting Room, and a Garden & Courtyard, while Kensington Gate I and Wedgewood III maintain minimal shared facility lists in the provided data. This amenity suite particularly serves pet owners, social residents, and professionals seeking balanced recreational spaces without paying downtown Burlington pricing premiums.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Kensington Gate II.
Building Amenities
- BBQ Area
- Party & Lounge Room
- Pet Wash Station
Residential Buildings in the Vicinity
- Tansley Gardens III62 m
- Wedgewood I76 m
- Kensington Gate I77 m
- Wedgewood III82 m
- Tansley Gardens V110 m
- Tansley Gardens II110 m
- Tansley Gardens I117 m
- Wedgewood II138 m
- Wedgewood V154 m
- Tansley Gardens IV156 m
- Wedgewood IV177 m
- ParkCity 2210 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Kensington Gate II.
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.
