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Market Data as of August 31, 2026

Trend Living - Phase 1 — Rental Market Data

450 Dundas St E, Hamilton, Ontario L8B 0L7
Quick Rent Estimate
Active Suites13 Available
Type
Units
Avg Rent
1-Bedroom
6
$2,037
1-Bedroom + Den
3
$2,367
2-Bedroom
2
$2,400

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2022
Total Suites249
DeveloperNew Horizon Development Group

Trend Living - Phase 1 is a residential development located at 450 Dundas St E in the Dundas neighborhood of Hamilton, developed by New Horizon Development Group and completed in 2022. The 249-suite high-rise community currently maintains 11 active listings, yielding a 4.4% availability rate. Over the past 90 days, the building recorded 9 closed leases with an average of 38 days on the market, alongside 2 closed leases over the past 30 days averaging 22 days on the market.

Active asking rents average $2,193 per month at $3.46 per square foot across an average footprint of 635 square feet, compared to realized 90-day leases averaging $2,142 per month at $3.34 per square foot across slightly larger comparable layouts. Current active inventory skews toward more compact entry-level floor plans. The active asking rate per square foot stands 4.2% higher than the broader Dundas submarket asking benchmark of $3.32 per square foot.

Marketing friction is minimal, with unrented units lingering for an average of 62 days on the market before being delisted compared to a closed duration of 38 days, while 30.0% of recent leases closed below asking with tenants securing an average discount of $35 per month. Prospective tenants searching for 1-Bedroom floor plans encounter deep selection with 6 active units, whereas 1-Bedroom + Den and 2-Bedroom layouts present a more limited selection with 3 and 2 active listings respectively.

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Active Rental Inventory & Asking Rates

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

Active Units11
+3 (30.0%)
Avg Asking Rent$2,193
-$114 (4.9%)
Avg Suite Size635 sf
-49 sf (7.0%)
Avg Days on Market33d
+14d (56.9%)
Avg Asking $/SF$3.46
+$0.06 (1.8%)

Active Market Insights & Questions

How has rental availability changed at Trend Living - Phase 1 recently?

Trend Living - Phase 1 features 11 active listings as of August 31, 2026, with asking rents ranging from $1,975 to $2,500 per month, an average asking rent of $2,193 per month, and a median asking rent of $2,100 per month. Available suites average 635 square feet with an average asking rate of $3.46 per square foot. The inventory is heavily anchored by 1-Bedroom suites, which command 54.5% of active listings, indicating that current supply leans toward compact entry-level floor plans.

What floor plans and unit layouts are currently available at Trend Living - Phase 1?

The dominant active layout at Trend Living - Phase 1 is the 1-Bedroom tier, which accounts for 6 listings and a 54.5% inventory share. The 1-Bedroom units average $2,037 per month across an average of 591 square feet at $3.45 per square foot. The building also offers a small selection of 3 active 1-Bedroom + Den suites averaging $2,367 per month across 690 square feet at $3.43 per square foot, alongside 2 active 2-Bedroom suites averaging $2,400 per month across 686 square feet at $3.50 per square foot.

What is the average asking rent and $/SF by suite size at Trend Living - Phase 1?

Trend Living - Phase 1 exhibits a minimum entry rent of $1,975 per month and a peak asking rent of $2,500 per month, creating a dollar spread of $525 per month and a percentage spread of 26.6%. The median asking rent sits at $2,100 per month. The entry-level option is represented by a 1-Bedroom suite offering 587 square feet at $3.36 per square foot, while the peak suite is a 1-Bedroom + Den layout providing 750 square feet at $3.33 per square foot.

How much extra do parking spaces and dens cost at Trend Living - Phase 1?

Trend Living - Phase 1 commands a $330 per month den premium for 1-Bedroom + Den floor plans over standard 1-Bedroom units, corresponding to an average square footage increase of 99 square feet. This extra den space comes at a marginal cost of $3.33 per square foot. Active parking premium data cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Trend Living - Phase 1 compare to local and municipal benchmarks?

Trend Living - Phase 1 features an average asking rent of $2,193 per month at $3.46 per square foot, which compares to the Dundas submarket asking benchmark of $2,352 per month at $3.32 per square foot. The building's lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building asking rate per square foot stands 4.2% above the submarket asking benchmark while representing 18.0% of total submarket active 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 Trend Living - Phase 1 (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,325
Avg Leased Size651 sf
Avg Days to Lease22d
Leased $/SF$3.33

Leased Transaction Insights & Questions

How many suites were leased at Trend Living - Phase 1 last month, and how fast did they rent?

At Trend Living - Phase 1, the 30-day average days on market is 22 days, the 90-day average days on market is 38 days, and the submarket benchmark days on market is 40 days. Leasing velocity accelerated over the summer months, with 2 leases closed in the last 30 days, 9 closed over the past 90 days, and a total lifetime closed lease count of 10 transactions. This points to steady absorption as unrented listings cleared out.

What is the negotiation spread between asking rents and closed lease prices at Trend Living - Phase 1?

At Trend Living - Phase 1, units leased at an average discount of $35 per month, which represents a 1.61% markdown from asking prices and yields annual tenant savings of $420 per year. Exactly 30.0% of leases closed below asking price, reflecting mild tenant leverage and landlord concessions during negotiations, while the remaining transactions closed at asking.

What are typical executed lease prices across different layouts at Trend Living - Phase 1?

At Trend Living - Phase 1, the highest-volume anchor layouts are the 1-Bedroom + Den and 1-Bedroom suites. The 1-Bedroom + Den tier represents a statistically robust benchmark of 7 closed leases with an average monthly rent of $2,221 per month, a median of $2,200 per month, a P25-P75 range of $2,125 to $2,275 per month, an average size of 694 square feet, a rate of $3.21 per square foot, and an average days on market of 28 days. The 1-Bedroom tier represents a small sample size of 3 closed leases with an average monthly rent of $1,941 per month, a median of $1,949 per month, a P25-P75 range of $1,912 to $1,974 per month, an average size of 550 square feet, a rate of $3.53 per square foot, and an average days on market of 56 days.

What measurable rent premium did suites with parking achieve in closed leases at Trend Living - Phase 1?

At Trend Living - Phase 1, realized leased parking premiums cannot be isolated due to insufficient paired data. Parking spots were typically bundled directly into overall suite lease agreements without separate line-item values. Active asking parking rates similarly lack sufficient paired samples to establish a reliable market premium.

How does the lease-to-listing ratio at Trend Living - Phase 1 reflect current tenant demand?

At Trend Living - Phase 1, monthly average rents climbed overall from spring into late summer. In May 2026, 1 deal closed at an average rent of $2,100 per month ($2.98 per square foot) with 21 days on market. In June 2026, 2 deals closed at an average rent of $2,125 per month ($3.55 per square foot) with 19 days on market. In July 2026, 5 deals closed at an average rent of $2,075 per month ($3.26 per square foot) with 52 days on market. In August 2026, 2 deals closed at an average rent of $2,325 per month ($3.33 per square foot) with 22 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Trend Living - Phase 1 (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,350
Avg Suite Size792 sf
Avg Days on Market62d
Delisted $/SF$2.97

De-Listed Market Analysis & Questions

How many listings de-listed at Trend Living - Phase 1, and what was their re-listing price compared to previous asking?

At Trend Living - Phase 1, exactly 1 unit was delisted, representing a delisted-to-leased ratio of 50.0%. This unrented listing consisted entirely of a terminated listing, with zero expired or suspended listings. This establishes a healthy operational ratio of 1 pulled listing for every 2 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Trend Living - Phase 1?

At Trend Living - Phase 1, unrented listings asked an average of $2,350 per month, which is $25 per month above realized lease averages of $2,325 per month. Unrented units were overpriced nominally relative to realized leases, showing a rate of $2.97 per square foot compared to the realized lease average of $3.33 per square foot.

What market friction causes rental listings to stall or de-list at Trend Living - Phase 1?

At Trend Living - Phase 1, delisted units recorded an average of 62 days on market compared to 22 days for realized leases. This excess of 40 marketing days creates a tangible vacancy carry cost of roughly 1.3 months of lost rental income plus ongoing condo maintenance fees for landlords who initially overprice their suites.

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
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-04-27420136113.3033
2026-04-28420136113.3034
2026-04-29420136113.3035
2026-04-30420136113.3036
2026-05-01420136113.3037
2026-05-02420136113.3038
2026-05-03420136113.3039
2026-05-04420136113.3040
2026-05-05420136113.3041
2026-05-06420136113.3042
2026-05-07420136113.3043
2026-05-08520306303.2335
2026-05-09520306303.2336
2026-05-10520306303.2337
2026-05-11620756423.2432
2026-05-12620756423.2433
2026-05-13620756423.2434
2026-05-14620756423.2435
2026-05-15620756423.2436
2026-05-16821566753.2128
2026-05-17821566753.2129
2026-05-18821566753.2130
2026-05-19921396613.2627
2026-05-20921396613.2628
2026-05-21921396613.2629
2026-05-22921396613.2630
2026-05-23921396613.2631
2026-05-24921396613.2632
2026-05-25921396613.2633
2026-05-26921396613.2634
2026-05-27921396613.2635
2026-05-28921396613.2636
2026-05-29821446553.2939
2026-05-30821446553.2940
2026-05-31821446553.2941
2026-06-01821446553.2942
2026-06-02821446553.2943
2026-06-03821446553.2944
2026-06-04821446553.2945
2026-06-051021896683.2937
2026-06-061021896683.2938
2026-06-071221996663.3132
2026-06-081221996663.3133
2026-06-091221996663.3134
2026-06-101122036673.3233
2026-06-111221956573.3631
2026-06-121322076673.3330
2026-06-131322076673.3331
2026-06-141322076673.3332
2026-06-151322076673.3333
2026-06-161322076673.3334
2026-06-171322076673.3335
2026-06-181322076673.3336
2026-06-191322076673.3337
2026-06-201322076673.3338
2026-06-211322076673.3339
2026-06-221322076673.3340
2026-06-231322076673.3341
2026-06-241121716493.3742
2026-06-251321916673.3137
2026-06-261321916673.3138
2026-06-271221866693.3040
2026-06-281221866693.3041
2026-06-291121946803.2544
2026-06-301022046833.2540
2026-07-011022046833.2541
2026-07-021022046833.2542
2026-07-031022046833.2543
2026-07-041022046833.2544
2026-07-051022046833.2545
2026-07-061021896733.2745
2026-07-071021896733.2746
2026-07-081021896733.2747
2026-07-09922096863.2347
2026-07-101121906653.3239
2026-07-111121906653.3240
2026-07-121121906653.3241
2026-07-131321536463.3636
2026-07-141321536463.3637
2026-07-151321536463.3638
2026-07-161221466423.3739
2026-07-171221466423.3740
2026-07-181221466423.3741
2026-07-191221466423.3742
2026-07-201221466423.3743
2026-07-211221466423.3744
2026-07-221321736453.4041
2026-07-231321736453.4042
2026-07-241321736453.4043
2026-07-251321736453.4044
2026-07-261321736453.4045
2026-07-271221626403.4144
2026-07-281221626403.4145
2026-07-291522036563.3837
2026-07-301222586723.4023
2026-07-311023206983.3525
2026-08-011023206983.3526
2026-08-021023206983.3527
2026-08-031023206983.3528
2026-08-041122896883.3527
2026-08-051122896883.3528
2026-08-061122896883.3529
2026-08-071322906833.3725
2026-08-081322906833.3726
2026-08-091322906833.3727
2026-08-101322906833.3728
2026-08-111522526713.3825
2026-08-121322216573.4028
2026-08-131222106463.4426
2026-08-141222106463.4427
2026-08-151222106463.4428
2026-08-161222106463.4429
2026-08-171222106463.4430
2026-08-181222106463.4431
2026-08-191222106463.4432
2026-08-201322176493.4331
2026-08-211322176493.4332
2026-08-221322176493.4333
2026-08-231322176493.4334
2026-08-241322176493.4335
2026-08-251322176493.4336
2026-08-261422056493.4134
2026-08-271422056493.4135
2026-08-281322066493.4137
2026-08-291322066493.4138
2026-08-301322066493.4139
2026-08-311322066493.4140

12-Month Market Dynamics & Trend Trajectory

Trend Living - Phase 1 has established a lifetime leasing volume of 10 closed transactions, achieving an average monthly rent of $2,137 per month at $3.30 per square foot across an average suite size of 651 square feet. Average lifetime days on market sits at 37 days, pointing to steady tenant absorption within the Dundas submarket of Hamilton since project completion. Pricing discipline favored tenants slightly across the tracked leasing history. Transactions settled with 30.0% of leases closing below asking price, generating an average monthly tenant discount of $35 per month or 1.61% below initial asking rates, saving tenants $420 annually through landlord concessions.

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
Chart metrics & timeframe
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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)
2026-05-24121007042.9821
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-21122506503.4620
2026-06-28120005503.6418
2026-07-05123007503.0711
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26420196143.3163
2026-08-020N/AN/AN/AN/A
2026-08-09124507503.2714
2026-08-160N/AN/AN/AN/A
2026-08-23122006503.3830

Nearby Building Rental Comparables & Price Spreads

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

Trend Living - Phase 1 competes directly with a cluster of modern developments in the Dundas submarket, anchored by Trend Living 2 at 460 Dundas St E (0.06 km away, built in 2023, 18 active listings), Trend Living 3 at 470 Dundas St E (0.13 km away, built in 2024, 22 active listings), Trend Living Boutique at 10 Mallard Tr (0.21 km away, built in 2024, 5 active listings), and View @ 30 Hamilton St. at 30 Hamilton St S (1.79 km away, built in 2020, 3 active listings). These properties share a recent structural generation, having been completed between 2020 and 2024, representing contemporary mid-rise construction standards in the area. Across the micro-market, the overall competitive benchmark registers an average lease rent of $2,222 per month at $3.24 per square foot across an average suite size of 690 square feet. Completed in 2022 with 249 units, Trend Living - Phase 1 positions itself as an established high-rise option within this newer cohort, balancing modern space efficiency with a competitive rate per square foot relative to both its immediate sister phases and broader submarket alternatives.

460 Dundas St E, Hamilton

Avg Asking$2,234/mo
Avg $/SF$3.27
Rent Spread:
+$29/mo (+1.3%) Higher

470 Dundas St E, Hamilton

Avg Asking$2,235/mo
Avg $/SF$3.45
Rent Spread:
+$29/mo (+1.3%) Higher

10 Mallard Tr, Hamilton

Avg Asking$2,180/mo
Avg $/SF$3.37
Rent Spread:
-$25/mo (-1.2%) Lower

30 Hamilton St S, Hamilton

Avg Asking$2,300/mo
Avg $/SF$3.17
Rent Spread:
+$94/mo (+4.3%) Higher

5 Hamilton St N, Hamilton

Avg Asking$2,867/mo
Avg $/SF$2.71
Rent Spread:
+$661/mo (+30.0%) Higher

2055 Upper Middle Rd, Burlington

Avg Asking$2,800/mo
Avg $/SF$2.15
Rent Spread:
+$594/mo (+26.9%) Higher

Comparable Analysis & Questions

How do rental rates at Trend Living - Phase 1 compare to neighbouring buildings within Dundas?

Trend Living - Phase 1 achieves an average lease rent of $2,137 per month, trading slightly below the overall comp average of $2,222 per month while competing closely with nearby properties such as Trend Living 2, Trend Living 3, and Trend Living Boutique. Trend Living 2 (460 Dundas St E) records an average lease rent of $2,227 per month at $3.24 per square foot across an average of 689 square feet. Trend Living 3 (470 Dundas St E) reports an average lease rent of $2,183 per month at $3.35 per square foot across an average of 655 square feet. Trend Living Boutique (10 Mallard Tr) posts an average lease rent of $2,220 per month at $3.26 per square foot across an average of 682 square feet. View @ 30 Hamilton St. (30 Hamilton St S) rounds out the set with an average lease rent of $2,258 per month at $3.09 per square foot across an average of 733 square feet.

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

Trend Living - Phase 1 establishes its value proposition by offering a competitive leased rate of $3.30 per square foot across an average unit size of 651 square feet, aligning well with the submarket average lease rate of $3.20 per square foot. Renters evaluating Trend Living - Phase 1 versus Trend Living 3 trade a slightly more compact average footprint of 651 square feet for a lower rate per square foot, as Trend Living - Phase 1 trades at a $0.05 per square foot (1.5%) discount below Trend Living 3's $3.35 per square foot benchmark. Meanwhile, against Trend Living 2 at $3.24 per square foot and Trend Living Boutique at $3.26 per square foot, Trend Living - Phase 1 commands a modest premium of $0.06 per square foot and $0.04 per square foot respectively, justified by its central phase positioning and robust amenity package.

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

Trend Living - Phase 1 delivers a robust lifestyle and amenity profile that matches or exceeds the offerings found across competing Dundas developments. The subject property features signature amenities including a fully equipped Gym & Fitness Centre, a spacious Party & Lounge Room, a dedicated Games & Billiards Room, a scenic Rooftop Terrace with an outdoor BBQ Area, and a convenient Pet Wash Station. By comparison, while Trend Living 2 shares the gym, party room, and rooftop terrace, it adds an EV Charging Station and Garden & Courtyard in place of a pet wash. Trend Living 3 features a more streamlined package with a gym, party room, BBQ area, rooftop terrace, and secure parcel lockers, omitting specialized recreation spaces like a games room. View @ 30 Hamilton St. includes extensive shared spaces such as a library and garden courtyard alongside standard fitness and lounge amenities, but lacks the specific pet-focused infrastructure found at the subject building. This comprehensive amenity ecosystem best serves young professionals and couples seeking modern building infrastructure paired with active recreational spaces.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Trend Living - Phase 1.

Building Amenities

  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Rooftop Terrace
  • BBQ Area
  • Dining Room & Kitchen
  • Concierge & Security
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Trend Living - Phase 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.