Market Data as of August 31, 2026
Jazz Condos — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Jazz Condos at 457 Plains Rd E in Burlington's Aldershot neighbourhood is a fully occupied, established residential building completed in 2016 by Branthaven Homes, comprising 85 suites with zero units currently listed for rent as of August 31, 2026. The building's availability rate sits at 0 percent, and recent leasing activity shows four closed leases over the trailing 90-day window at an average of 29 days on market, while the most recent 30-day cohort recorded no new lease signings.
With no active listings to benchmark, pricing intelligence draws on the building's historical lease record: the average realized rent across all tracked transactions is $2,406 per month at $3.67 per square foot on an average suite of 694 square feet, while the trailing 90-day cohort closed at $2,345 per month and $3.77 per square foot. That realized rate per square foot runs 10.2 percent above the Aldershot submarket lease benchmark of $3.42 per square foot, positioning Jazz Condos as a premium-priced asset within its immediate rental pool despite the modest nominal rent differential against the submarket asking average of $2,257 per month.
Marketing friction at Jazz Condos is effectively absent: zero delisted, terminated, or expired listings appear in the tracking record, and the building has maintained full occupancy throughout the observation period. Across all five tracked closed leases, tenants negotiated an average concession of $54 per month, or 2.13 percent below asking, with 60 percent of deals closing under the initial ask—translating to roughly $648 in annual savings per unit. Because no units are currently available, renters seeking comparable two-bedroom inventory in Aldershot should direct their search toward the 11 active listings in the broader submarket, where the average asking rent is $2,257 per month.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-04-27 | 4 | 2475 | 631 | 4.16 | 32 |
| 2026-04-28 | 4 | 2475 | 631 | 4.16 | 33 |
| 2026-04-29 | 4 | 2475 | 631 | 4.16 | 34 |
| 2026-04-30 | 4 | 2475 | 631 | 4.16 | 35 |
| 2026-05-01 | 4 | 2475 | 631 | 4.16 | 36 |
| 2026-05-02 | 4 | 2475 | 631 | 4.16 | 37 |
| 2026-05-03 | 4 | 2475 | 631 | 4.16 | 38 |
| 2026-05-04 | 4 | 2475 | 631 | 4.16 | 39 |
| 2026-05-05 | 4 | 2475 | 631 | 4.16 | 40 |
| 2026-05-06 | 4 | 2475 | 631 | 4.16 | 41 |
| 2026-05-07 | 4 | 2475 | 631 | 4.16 | 42 |
| 2026-05-08 | 4 | 2475 | 631 | 4.16 | 43 |
| 2026-05-09 | 4 | 2475 | 631 | 4.16 | 44 |
| 2026-05-10 | 4 | 2475 | 631 | 4.16 | 45 |
| 2026-05-11 | 4 | 2475 | 631 | 4.16 | 46 |
| 2026-05-12 | 4 | 2475 | 631 | 4.16 | 47 |
| 2026-05-13 | 4 | 2475 | 631 | 4.16 | 48 |
| 2026-05-14 | 4 | 2475 | 631 | 4.16 | 49 |
| 2026-05-15 | 4 | 2475 | 631 | 4.16 | 50 |
| 2026-05-16 | 4 | 2475 | 631 | 4.16 | 51 |
| 2026-05-17 | 4 | 2475 | 631 | 4.16 | 52 |
| 2026-05-18 | 4 | 2475 | 631 | 4.16 | 53 |
| 2026-05-19 | 4 | 2475 | 631 | 4.16 | 54 |
| 2026-05-20 | 4 | 2475 | 631 | 4.16 | 55 |
| 2026-05-21 | 4 | 2475 | 631 | 4.16 | 56 |
| 2026-05-22 | 2 | 2150 | 443 | 4.91 | 71 |
| 2026-05-23 | 2 | 2150 | 443 | 4.91 | 72 |
| 2026-05-24 | 2 | 2150 | 443 | 4.91 | 73 |
| 2026-05-25 | 2 | 2150 | 443 | 4.91 | 74 |
| 2026-05-26 | 2 | 2150 | 443 | 4.91 | 75 |
| 2026-05-27 | 2 | 2150 | 443 | 4.91 | 76 |
| 2026-05-28 | 2 | 2150 | 443 | 4.91 | 77 |
| 2026-05-29 | 2 | 2150 | 443 | 4.91 | 78 |
| 2026-05-30 | 3 | 2300 | 570 | 4.33 | 53 |
| 2026-05-31 | 3 | 2300 | 570 | 4.33 | 54 |
| 2026-06-01 | 4 | 2375 | 640 | 4.01 | 41 |
| 2026-06-02 | 4 | 2375 | 640 | 4.01 | 42 |
| 2026-06-03 | 4 | 2375 | 640 | 4.01 | 43 |
| 2026-06-04 | 4 | 2375 | 640 | 4.01 | 44 |
| 2026-06-05 | 4 | 2375 | 640 | 4.01 | 45 |
| 2026-06-06 | 5 | 2440 | 682 | 3.84 | 37 |
| 2026-06-07 | 3 | 2333 | 578 | 4.34 | 58 |
| 2026-06-08 | 3 | 2333 | 578 | 4.34 | 59 |
| 2026-06-09 | 1 | 2700 | 850 | 3.18 | 3 |
| 2026-06-10 | 1 | 2700 | 850 | 3.18 | 4 |
| 2026-06-18 | 1 | 2000 | 550 | 3.64 | N/A |
| 2026-06-19 | 1 | 2000 | 550 | 3.64 | 1 |
| 2026-06-20 | 1 | 2000 | 550 | 3.64 | 2 |
| 2026-06-21 | 1 | 2000 | 550 | 3.64 | 3 |
| 2026-06-22 | 1 | 2000 | 550 | 3.64 | 4 |
| 2026-06-23 | 1 | 2000 | 550 | 3.64 | 5 |
| 2026-06-24 | 1 | 2000 | 550 | 3.64 | 6 |
| 2026-06-25 | 1 | 2000 | 550 | 3.64 | 7 |
| 2026-06-26 | 1 | 2000 | 550 | 3.64 | 8 |
| 2026-06-27 | 1 | 2000 | 550 | 3.64 | 9 |
| 2026-06-28 | 1 | 2000 | 550 | 3.64 | 10 |
| 2026-06-29 | 1 | 2000 | 550 | 3.64 | 11 |
| 2026-06-30 | 1 | 2000 | 550 | 3.64 | 12 |
| 2026-07-01 | 1 | 2000 | 550 | 3.64 | 13 |
12-Month Market Dynamics & Trend Trajectory
Jazz Condos realized an average lease rent of $2,406 per month and a $3.67 per-square-foot rate, positioning the building roughly 9 percent above the Aldershot submarket average of $2,205 and 10.2 percent above the submarket's $3.42 per-square-foot clearing rate. The premium is modest but consistent, reflecting the building's 85-suite scale and 2016 completion within a submarket that currently lists only 11 active units at an average asking of $2,257. Pricing discipline at Jazz Condos leans tenant-favorable: 60 percent of the five tracked leases closed below asking, with an average concession of $54 per month (2.13 percent) that amounts to $648 in annual tenant savings per unit. The remaining 40 percent settled at or near listed price, but the net negotiation spread of negative $54 confirms landlords are conceding ground rather than extracting premium. This pattern suggests the building's asking prices are set slightly above what Aldershot tenants will absorb, and landlords are adjusting at the closing table rather than repricing listings.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-17 | 1 | 2650 | 820 | 3.23 | 43 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 3 | 2460 | 700 | 3.82 | 33 |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 2000 | 550 | 3.64 | 14 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Jazz Condos at 457 Plains Rd E sits in a tight cluster of four nearby buildings along Plains Road East in Burlington's Aldershot submarket, with two active pricing peers and two zero-transaction architectural references. Northshore at 500 Plains Rd E (0.19 km east, built in 2025) recorded 13 closed leases over the trailing 180 days, making it the most liquid competitor in the pocket. Affinity East Condominiums at 340 Plains Rd E (0.41 km west, built in 2020) logged 4 closed leases in the same window. Westwood at 396 Plains Rd E (0.21 km, built in 2009) and Dovercourt at 391 Plains Rd E (0.22 km, built in 2005) each recorded zero lease transactions over the past 180 days, serving purely as architectural and amenity references rather than active pricing benchmarks. The two active peers span a nine-year construction gap (2020–2025), while the two dormant buildings represent an earlier generation of mid-rise product from the mid-2000s. The overall comp benchmark across all four buildings averages $2,341 per month in realized rent, $3.40 per square foot, and 706 square feet of interior space. Jazz Condos, built in 2016 with 85 suites, lands at $2,406 per month and $3.67 per square foot on an average suite of 694 square feet—slightly above the comp average on both rent and rate while running modestly below the average footprint. Against the Aldershot submarket-wide lease benchmark of $2,205 per month and $3.42 per square foot, the subject carries a roughly 9 percent rent premium and a 7.3 percent rate premium, positioning it as a mid-tier value play in a pocket where the newest product (Northshore) trades at a lower nominal rent but a higher per-square-foot rate, and the older stock (Westwood, Dovercourt) has effectively withdrawn from the active leasing conversation.
Comparable Analysis & Questions
How do rental rates at Jazz Condos compare to neighbouring buildings within Aldershot?
Jazz Condos realized an average lease rent of $2,406 per month over the trailing year, sitting $65 above the four-building comp benchmark of $2,341 and $201 above the Aldershot submarket average of $2,205. Northshore at 500 Plains Rd E (0.19 km, 13 closed leases) averaged $2,219 per month at $3.71 per square foot across 610 square feet of space, meaning the subject commands a $187-per-month higher rent than this closest active peer. Affinity East Condominiums at 340 Plains Rd E (0.41 km, 4 closed leases) averaged $2,463 per month at $3.08 per square foot across 801 square feet, placing the subject $57 per month below that competitor's realized rent. Westwood at 396 Plains Rd E (0.21 km) and Dovercourt at 391 Plains Rd E (0.22 km) each recorded zero closed leases over the trailing 180 days, so neither provides a realized rent benchmark for direct comparison.
Does Jazz Condos offer a competitive price-per-square-foot ($/SF) against local comparables?
Jazz Condos leases at $3.67 per square foot on an average 694-square-foot suite, positioning it between the two active competitors in the Plains Road East corridor. Against Northshore (0.19 km, 13 closed leases), the subject trades at a $0.04 per square foot (1.1 percent) discount while providing 84 more interior square feet; the lower per-square-foot rate is offset by a larger footprint, so the $187-per-month rent premium over Northshore is driven by the additional space rather than a higher valuation per unit of area. Against Affinity East Condominiums (0.41 km, 4 closed leases), the subject commands a $0.59 per square foot (19.2 percent) premium yet provides 107 fewer interior square feet, which explains why the nominal rent is actually $57 per month lower—the smaller suite footprint more than absorbs the higher rate. In both cases the rent differential is a function of interior square footage rather than a pure asset-valuation gap, and the subject's 694-square-foot average sits between Northshore's 610 and Affinity East's 801.
How do building age, amenities, and developer reputation impact rent spreads?
Jazz Condos offers a 12-item amenity suite including a Library & Reading Room, Shared Laundry Room, EV Charging Station, and a dedicated Dining Room & Kitchen, giving it a broader lifestyle package than either active competitor in the immediate pocket. Northshore (0.19 km) differentiates with a Pet Wash Station, Dog Run, Children's Playground, Garden & Courtyard, and a National Galleria that the subject does not carry, while Affinity East Condominiums (0.41 km) adds a Business Centre and Garden & Courtyard absent from Jazz Condos. The subject's signature inclusions—the Library & Reading Room, Shared Laundry Room, and EV Charging Station—appear in neither active peer's amenity list, and its combined Gym & Fitness Centre, Yoga Studio, Meeting Room, Games & Billiards Room, and Rooftop Terrace create a well-rounded wellness and remote-work package. This amenity mix best serves young professionals and small households who prioritize on-site fitness, quiet study space, and flexible work areas over pet-specific or family-oriented facilities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Jazz Condos.
Building Amenities
- Concierge & Security
- Shared Laundry Room
- EV Charging Station
- Gym & Fitness Centre
- Yoga Studio
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
Residential Buildings in the Vicinity
- Northshore193 m
- Westwood206 m
- Dovercourt217 m
- Affinity East Condominiums411 m
- Affinity Condominiums - Building A474 m
- 1093 Gallagher Road813 m
- 847 Long Drive817 m
- Halton Tower838 m
- The West1.5 km
- Seasons Condominiums1.6 km
- Oaklands Green F2.5 km
- Oaklands Green D2.5 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Jazz Condos.
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.