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Market Data as of August 31, 2026

Trailside 1 — Rental Market Data

405 Dundas St W, Oakville, Ontario L6M 5P9
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,180
3-Bedroom+
1
$3,500

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites319
DeveloperDistrikt Developments

Trailside 1 at 405 Dundas St W in Oakville North is a 319-suite residential building completed in 2024 by Distrikt Developments, currently listing just two available units out of 81 active listings across the submarket, an availability rate of 0.6 percent. The building has closed four leases in the trailing 30 days at an average of $2,300 per month with a 28-day average time on market, and ten leases over the past 90 days averaging $2,375 per month with a 27-day average DOM.

Active asking rents at Trailside 1 average $2,840 per month at $3.48 per square foot across an 859-square-foot average footprint, compared to realized 90-day leases of $2,375 per month at $3.43 per square foot. The current two listings skew toward larger footprints relative to the 702-square-foot average seen in historical closed leases, and the active asking rate per square foot sits slightly above the realized lease rate, reflecting the premium attached to the bigger suites currently on the market. Against the Oakville North submarket asking benchmark of $3.62 per square foot, Trailside 1's active rate is 3.9 percent more competitive on a per-square-foot basis.

Marketing friction at Trailside 1 warrants attention: active listings are averaging 32 days on market versus the submarket benchmark of 24 days, and even closed leases are clearing at 27 to 28 days, both above the submarket norm. Tenants who did negotiate secured an average concession of $33 per month, or 1.33 percent below asking, across all tracked closed transactions, with roughly one in three leases closing under the initial ask. Inventory depth is extremely thin at two units—one 1-Bedroom + Den and one 3-Bedroom+—meaning renters in either layout tier face single-listing scarcity with no alternative options within the building.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Trailside 1 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units2
-1 (33.3%)
Avg Asking Rent$2,840
+$513 (22.1%)
Avg Suite Size859 sf
+242 sf (39.2%)
Avg Days on Market32d
0d (1.6%)
Avg Asking $/SF$3.48
-$0.33 (8.6%)

Active Market Insights & Questions

How has rental availability changed at Trailside 1 recently?

Trailside 1 has two active listings as of August 31, 2026, with asking rents ranging from $2,180 to $3,500 per month, an average of $2,840 and a median of $2,840. The two available suites average 859 square feet at a combined asking rate of $3.48 per square foot, split evenly between a compact 1-Bedroom + Den at 550 square feet and a spacious 3-Bedroom+ at 1,167 square feet. With only one unit in each tier, the current inventory offers no depth in either the entry-level or executive layout categories.

What floor plans and unit layouts are currently available at Trailside 1?

The dominant active layout at Trailside 1 is the 1-Bedroom + Den, representing 50 percent of available inventory with a single listing at $2,180 per month, 550 square feet, and $3.96 per square foot. The remaining 50 percent is a 3-Bedroom+ suite asking $3,500 per month across 1,167 square feet at $3.00 per square foot. Both tiers are single-listing samples, so neither layout offers a renter a second option within the building.

What is the average asking rent and $/SF by suite size at Trailside 1?

Trailside 1's active asking rents span from $2,180 to $3,500 per month, a dollar spread of $1,320 or 60.6 percent, with a median asking rent of $2,840. The entry-level suite is a 1-Bedroom + Den at 550 square feet priced at $3.96 per square foot, while the peak listing is a 3-Bedroom+ at 1,167 square feet priced at $3.00 per square foot. The wider dollar spread reflects the substantial footprint difference between the two tiers rather than a pricing anomaly within a single layout.

How much extra do parking spaces and dens cost at Trailside 1?

Trailside 1's active den premium and square-footage delta cannot be quantified from the current two-listing sample, as no paired den-versus-no-den comparison is available. Parking stall premiums also cannot be reliably isolated from the available data, which shows an insufficient paired sample to produce a defensible monthly figure. Renters should request individual parking and den pricing directly from the leasing office for the specific unit of interest.

How do asking rents at Trailside 1 compare to local and municipal benchmarks?

Trailside 1's active asking rate of $3.48 per square foot sits 3.9 percent below the Oakville North submarket asking benchmark of $3.62 per square foot, while the average asking rent of $2,840 per month exceeds the submarket average of $2,581 due to the larger 859-square-foot average footprint of the two current listings. On a realized-lease basis, the building's 90-day average of $3.43 per square foot is 1.4 percent below the submarket lease benchmark of $3.48 per square foot, confirming a competitively priced per-square-foot rate. Trailside 1 accounts for 2 out of 81 active listings in the Oakville North submarket, representing roughly 2.5 percent of available 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 Trailside 1 (Data period: For the month of August 2026).

Units Leased4
Avg Leased Price$2,300
Avg Leased Size702 sf
Avg Days to Lease28d
Leased $/SF$3.56

Leased Transaction Insights & Questions

How many suites were leased at Trailside 1 last month, and how fast did they rent?

Trailside 1 at 405 Dundas St W closed four leases in the trailing 30 days with an average DOM of 28, compared to a submarket benchmark of 24 days. Over the 90-day window, ten leases closed at an average DOM of 27, and the full lifetime record shows 15 total closings at an average DOM of 29. Leasing cadence accelerated sharply from a single April closing into four deals each in May, July, and August, indicating the building has moved past its initial absorption phase into steady-state turnover.

What is the negotiation spread between asking rents and closed lease prices at Trailside 1?

Trailside 1 tenants negotiated an average discount of $33 per month (1.33% below asking), translating to $396 in annual savings per unit. Thirty-three percent of tracked leases closed under the listed asking price, confirming measurable tenant leverage in this submarket. The net negotiation spread of -$33 per month reflects landlord concessions rather than pricing power, and the pattern holds consistently across both the 1-Bedroom + Den and 2-Bedroom tiers.

What are typical executed lease prices across different layouts at Trailside 1?

The 1-Bedroom + Den layout is the volume anchor at Trailside 1, accounting for 40% of all closed leases at an average of $2,198 per month with a 26-day DOM. The 2-Bedroom tier follows at 33.3% share, averaging $2,550 per month (median $2,500, P25–P75 range $2,500–$2,650) across 769 square feet at $3.32 per square foot with a 40-day DOM. The 1-Bedroom tier represents a limited sample of three closings at a flat $2,100 per month across 576 square feet ($3.65 per square foot) with an 18-day DOM. The 2-Bedroom + Den is an individual single transaction at $3,000 per month for 1,150 square feet ($2.61 per square foot) with a 22-day DOM, and should not be treated as a statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Trailside 1?

Trailside 1 does not have sufficient paired lease data to isolate a reliable parking premium, and the active listing sample also flags parking pricing as an unreliable outlier. No verified parking surcharge can be quoted from either the realized lease file or the current asking inventory. Tenants should request itemized parking costs directly from the leasing office, as the platform cannot confirm a bundled or standalone rate.

How does the lease-to-listing ratio at Trailside 1 reflect current tenant demand?

Trailside 1 rents climbed from $2,090 in April to a peak of $2,449 in July before settling at $2,300 in August across the tracked five-month window. April saw one closing at $3.22 per square foot with a 91-day DOM, reflecting early-occupancy friction. May brought four deals at $2,350 and $3.42 per square foot with DOM compressing to 18 days. June closed two leases at $2,375 and $3.68 per square foot over 19 days. July recorded four closings at $2,449 but a lower $3.17 per square foot over 29 days; the nominal rent increase masks a shift toward larger suite footprints rather than a rate devaluation. August closed four deals at $2,300 and $3.56 per square foot with a 28-day DOM, confirming the building has settled into a stable mid-$2,300s band.

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
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Chart Metrics
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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)
2026-04-27224506883.5724
2026-04-28224506883.5725
2026-04-29224506883.5726
2026-04-30224506883.5727
2026-05-01224506883.5728
2026-05-02224506883.5729
2026-05-03224506883.5730
2026-05-04224506883.5731
2026-05-05224506883.5732
2026-05-06224506883.5733
2026-05-07224506883.5734
2026-05-08224506883.5735
2026-05-09222006073.6219
2026-05-10222006073.6220
2026-05-11323676713.5414
2026-05-12424507163.4511
2026-05-13524807233.4510
2026-05-14624337023.499
2026-05-15624337023.4910
2026-05-16624337023.4911
2026-05-17624337023.4912
2026-05-18624337023.4913
2026-05-19624337023.4914
2026-05-20425507493.438
2026-05-21425507493.439
2026-05-22525607493.438
2026-05-23525607493.439
2026-05-24525607493.4310
2026-05-25525607493.4311
2026-05-26426507873.3712
2026-05-27426507873.3713
2026-05-28426507873.3714
2026-05-29326337663.4414
2026-05-30326337663.4415
2026-05-31426507623.4812
2026-06-01426507623.4813
2026-06-02426507623.4814
2026-06-03426507623.4815
2026-06-04426507623.4816
2026-06-05426507623.4817
2026-06-06426507623.4818
2026-06-07426507623.4819
2026-06-08426507623.4820
2026-06-09426507623.4821
2026-06-10525407203.5517
2026-06-11525167203.5212
2026-06-12525167203.5213
2026-06-13624476923.5712
2026-06-14524166803.599
2026-06-15524166803.5910
2026-06-16524166803.5911
2026-06-17524166803.5912
2026-06-18424957123.5314
2026-06-19524267003.4812
2026-06-20524267003.4813
2026-06-21524267003.4814
2026-06-22624047093.4113
2026-06-23624047093.4114
2026-06-24624047093.4115
2026-06-25624047093.4116
2026-06-26624047093.4117
2026-06-27624047093.4118
2026-06-28624047093.4119
2026-06-29624047093.4120
2026-06-30623797093.3816
2026-07-01623797093.3817
2026-07-02623797093.3818
2026-07-03724687723.2716
2026-07-04724687723.2717
2026-07-05724687723.2718
2026-07-06724687723.2719
2026-07-07625217923.2620
2026-07-08625217923.2621
2026-07-09625217923.2622
2026-07-10625217923.2623
2026-07-11625217923.2624
2026-07-12625217923.2625
2026-07-13526058403.1526
2026-07-14525257903.3020
2026-07-15525257903.3021
2026-07-16525257903.3022
2026-07-17525257903.3023
2026-07-18525257903.3024
2026-07-19525257903.3025
2026-07-20525257903.3026
2026-07-21525257903.3027
2026-07-22624717503.4223
2026-07-23624717503.4224
2026-07-24624717503.4225
2026-07-25523656703.5827
2026-07-26423196513.6229
2026-07-27423196513.6230
2026-07-28423196513.6231
2026-07-29423196513.6232
2026-07-30323276173.8131
2026-07-31323276173.8132
2026-08-01323276173.8133
2026-08-02323276173.8134
2026-08-03323276173.8135
2026-08-04423086253.7227
2026-08-05323436503.6333
2026-08-06323436503.6333
2026-08-07323436503.6334
2026-08-08323436503.6335
2026-08-09223906503.7253
2026-08-10223906503.7254
2026-08-11223906503.7255
2026-08-12223906503.7256
2026-08-13223906503.7257
2026-08-14223906503.7258
2026-08-15223906503.7259
2026-08-16327608223.4840
2026-08-17327608223.4841
2026-08-18327608223.4842
2026-08-19327608223.4843
2026-08-20327608223.4844
2026-08-21327608223.4845
2026-08-22228408593.4823
2026-08-23228408593.4824
2026-08-24228408593.4825
2026-08-25228408593.4826
2026-08-26228408593.4827
2026-08-27228408593.4828
2026-08-28228408593.4829
2026-08-29228408593.4830
2026-08-30228408593.4831
2026-08-31228408593.4832

12-Month Market Dynamics & Trend Trajectory

Trailside 1 realizes an average lease rent of $2,349 per month at $3.41 per square foot across 702 square feet, positioning the building below the Oakville North submarket averages of $2,426 per month and $3.48 per square foot. The property trades at a 3.2% rent discount and a 1.4% rate-per-square-foot discount relative to local benchmarks, giving tenants a modest pricing advantage over the broader submarket while still commanding above the municipal median for new-construction product. Pricing discipline at Trailside 1 skews tenant-favorable, with 33.3% of tracked leases closing below asking and a net negotiation spread of -$33 per month (1.33% discount). The annualized concession of $396 per unit confirms landlords are absorbing modest price pressure to maintain occupancy velocity. No leases closed at a premium, and the consistent sub-asking pattern across both the 1-Bedroom + Den and 2-Bedroom tiers indicates landlords are prioritizing fill rate over maximum per-unit revenue in this Oakville North micro-market.

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)
2026-05-03125007443.3633
2026-05-100N/AN/AN/AN/A
2026-05-17121005823.6111
2026-05-24224007243.3515
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-14121005503.828
2026-06-210N/AN/AN/AN/A
2026-06-28126507503.5330
2026-07-050N/AN/AN/AN/A
2026-07-12121005503.8230
2026-07-191300011502.6122
2026-07-26223487513.1332
2026-08-02222256003.738
2026-08-09122506503.463
2026-08-16125007503.3392

Nearby Building Rental Comparables & Price Spreads

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

Trailside 1 at 405 Dundas St W sits in a tightly clustered micro-market of four nearby competitors, all of which recorded closed lease transactions over the trailing 180 days. The closest peer, Trailside - 2 at 395 Dundas St W (0.05 km, built in 2025), logged 31 closed leases and represents the highest-volume active benchmark in the pocket. Trailside West at 407 Dundas Street W (0.34 km, built in 2023) recorded 1 closed lease, while Dunwest at 509 Dundas St W (0.43 km, built in 2024) closed 10 leases and Residences of Creekshore Common at 3028 Creekshore Common (0.51 km, built in 2018) recorded 4. The four competitors span a seven-year completion window from 2018 to 2025, with three of the four peers (Trailside - 2, Trailside West, and Dunwest) completing within the last three years alongside the subject, while Creekshore Common represents the older architectural generation in the set. The overall comp benchmark across all four peers averages $2,557 per month in realized rent, $3.29 per square foot, and 796 square feet of interior space. Trailside 1's all-time leased average of $2,349 per month and 702 square feet positions the subject below the comp set on both nominal rent and total footprint scale. At $3.41 per square foot, the subject's realized rate sits above the comp average of $3.29 per square foot, indicating that the lower monthly rent is a function of the building's smaller suite sizes rather than a discount in asset valuation. The subject's 319-suite scale and 2024 completion place it squarely among the newest generation of product on Dundas Street West, competing on rate efficiency and modern build quality against peers that range from compact 657-square-foot layouts to expansive 1,020-square-foot plans.

395 Dundas St W, Oakville

Avg Asking$2,325/mo
Avg $/SF$3.56
Rent Spread:
-$515/mo (-18.1%) Lower

407 Dundas Street W, Oakville

Avg Asking$2,673/mo
Avg $/SF$3.25
Rent Spread:
-$168/mo (-5.9%) Lower
Dunwest434 m

509 Dundas St W, Oakville

Avg Asking$2,673/mo
Avg $/SF$3.72
Rent Spread:
-$167/mo (-5.9%) Lower

3028 Creekshore Common, Oakville

Avg Asking$3,091/mo
Avg $/SF$2.99
Rent Spread:
+$251/mo (+8.8%) Higher

3130 Hines Drive, Oakville

Avg Asking$2,325/mo
Avg $/SF$2.13
Rent Spread:
-$515/mo (-18.1%) Lower

3250 Carding Mill Trail, Oakville

Avg Asking$2,345/mo
Avg $/SF$3.99
Rent Spread:
-$495/mo (-17.4%) Lower

Comparable Analysis & Questions

How do rental rates at Trailside 1 compare to neighbouring buildings within Oakville North?

Trailside 1's all-time average realized lease rent of $2,349 per month trades $208 below the overall comp benchmark of $2,557 per month, with the primary active competitors being Trailside - 2 (31 closed leases), Dunwest (10 closed leases), and Residences of Creekshore Common (4 closed leases). Trailside - 2 at 395 Dundas St W, 0.05 km away, recorded 31 closed leases at an average of $2,306 per month, $3.58 per square foot, and 657 square feet. Trailside West at 407 Dundas Street W, 0.34 km away, logged 1 closed lease at $2,450 per month, $3.27 per square foot, and 750 square feet. Dunwest at 509 Dundas St W, 0.43 km away, closed 10 leases averaging $2,525 per month, $3.41 per square foot, and 757 square feet. Residences of Creekshore Common at 3028 Creekshore Common, 0.51 km away, recorded 4 closed leases at $2,948 per month, $2.90 per square foot, and 1,020 square feet. All four competitors have realized rent benchmarks from closed transactions; none recorded zero volume in the trailing 180-day window.

Does Trailside 1 offer a competitive price-per-square-foot ($/SF) against local comparables?

Trailside 1's leased rate of $3.41 per square foot across an average 702-square-foot suite positions the subject at a premium over two of four nearby active competitors while offering a more competitive per-square-foot rate than its closest peer, with the rent differential in each case driven primarily by interior footprint rather than asset valuation. Against Trailside - 2 (31 closed leases, $3.58 per square foot, 657 sq ft), the subject trades at a $0.17 per square foot discount (4.7% below the comp) while providing 45 more interior square feet; the subject's $43 higher monthly rent is a direct function of the larger suite, not a rate premium. Against Trailside West (1 closed lease, $3.27 per square foot, 750 sq ft), the subject commands a $0.14 per square foot premium (4.3% above the comp) yet delivers 48 fewer interior square feet, meaning the $101 lower nominal rent reflects the smaller footprint. Against Dunwest (10 closed leases, $3.41 per square foot, 757 sq ft), the subject trades at identical per-square-foot parity while providing 55 fewer interior square feet, so the $176 lower monthly rent is entirely a size effect. Against Residences of Creekshore Common (4 closed leases, $2.90 per square foot, 1,020 sq ft), the subject commands a $0.51 per square foot premium (17.6% above the comp) but provides 318 fewer interior square feet, making the $599 lower nominal rent a straightforward footprint trade-off rather than a valuation gap.

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

Trailside 1 offers a ten-feature lifestyle package that includes a Car Wash Bay and Business Centre not found in three of its four nearby competitors, positioning the building as a convenience-forward, work-integrated residential product for professionals who value on-site services over expansive recreational programming. The subject's Car Wash Bay is absent from Trailside - 2, Trailside West, Dunwest, and Residences of Creekshore Common, giving it a distinct daily-convenience edge. The Business Centre appears in the subject's amenity list alongside Residences of Creekshore Common but is missing from Trailside - 2, Trailside West, and Dunwest, reinforcing a remote-work and professional-services theme. In contrast, Trailside - 2, Trailside West, and Dunwest each offer a Yoga Studio and Dining Room & Kitchen that the subject does not provide, while Dunwest adds a Lobby Wi-Fi Lounge and Trailside - 2 includes a Garden & Courtyard. The subject's Media & Theatre Room matches the offering at Dunwest and Creekshore Common but is absent from Trailside - 2 and Trailside West. This amenity mix best serves cost-conscious young professionals and small households who prioritize practical daily services—car maintenance, business support, fitness, and social gathering space—over the wellness-and-dining programming that characterizes the adjacent Trailside and Dunwest buildings.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Trailside 1.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Rooftop Terrace
  • Party & Lounge Room
  • Games & Billiards Room
  • BBQ Area
  • Pet Wash Station
  • Media & Theatre Room
  • Car Wash Bay
  • Business Centre

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Trailside 1.

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.