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Market Data as of August 31, 2026

Muse — Rental Market Data

461 Green Rd, Hamilton, Ontario L8E 0L5
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,400

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites259
DeveloperDeSantis Homes

Muse at 461 Green Rd in Hamilton's Stoney Creek submarket is a 259-suite residential building by DeSantis Homes, completed in 2025. As of August 31, 2026, a single unit is actively listed, putting availability at 0.4 percent of total inventory. Recent leasing activity shows two closed leases in the past 30 days with an average 38 days on market, and eight leases over the trailing 90 days averaging 32 days on market.

The active asking rent of $2,400 per month on an 850-square-foot suite translates to $2.82 per square foot, which sits below the submarket asking benchmark of $3.01 per square foot despite a higher nominal monthly figure. Realized 90-day leases averaged $2,005 per month at $3.31 per square foot on suites averaging roughly 609 square feet, meaning the current listing's larger footprint drives the higher absolute rent while the per-square-foot rate remains more competitive than both historical leases and the submarket asking standard.

Marketing friction is minimal given the thin sample: the one delisted unit sat on market for 108 days at an asking price of $2,550 per month, well above realized lease averages, indicating overpricing rather than demand weakness. Tenants who did lease negotiated an average discount of $39 per month, or 1.9 percent below asking, with 44.4 percent of closed leases landing under the initial ask. Active inventory is limited to a single two-bedroom unit, leaving no multi-option depth across layout tiers for prospective renters.

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Active Rental Inventory & Asking Rates

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

Active Units1
-2 (50.0%)
Avg Asking Rent$2,400
-$25 (1.2%)
Avg Suite Size850 sf
+42 sf (6.2%)
Avg Days on Market27d
+4d (8.8%)
Avg Asking $/SF$2.82
-$0.22 (7.0%)

Active Market Insights & Questions

How has rental availability changed at Muse recently?

Muse holds one active listing as of August 31, 2026, with an asking rent of $2,400 per month representing both the minimum and maximum in the current range. The available suite spans 850 square feet at $2.82 per square foot, and the entire active inventory consists of a single two-bedroom layout. With only one unit on the market, there is no meaningful spread to characterize entry-level versus executive positioning; the listing simply represents the building's sole current offering.

What floor plans and unit layouts are currently available at Muse?

The sole active listing at Muse is a two-bedroom unit, accounting for 100 percent of current inventory. That single suite asks $2,400 per month on 850 square feet, equating to $2.82 per square foot. No one-bedroom, studio, or three-bedroom units are currently available for lease.

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

Muse's active availability is concentrated in a single price point of $2,400 per month, producing a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same unit: a two-bedroom layout of 850 square feet at $2.82 per square foot. With only one listing on the market, there is no internal price gradient for renters to navigate.

How much extra do parking spaces and dens cost at Muse?

Muse does not have a quantified den premium or den square-footage delta in its current active inventory, as the single available unit is a standard two-bedroom layout without a separately priced den component. Parking premium data is inconclusive due to insufficient paired samples, and no verified parking stall cost can be isolated from either active listings or historical lease records.

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

Muse's active asking rent of $2,400 per month exceeds the Stoney Creek submarket average asking rent of $2,180 per month, yet the building's rate of $2.82 per square foot is 6.3 percent below the submarket asking benchmark of $3.01 per square foot. The higher nominal rent is driven entirely by the larger 850-square-foot suite footprint rather than a premium per-unit pricing strategy. Muse's single listing represents approximately 3 percent of the submarket's 33 total active listings.

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 Muse (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,050
Avg Leased Size609 sf
Avg Days to Lease38d
Leased $/SF$3.30

Leased Transaction Insights & Questions

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

Over For the month of August 2026, 2 residential lease transactions closed at Muse, leasing in an average of 38 days on market.

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

Completed lease contracts averaged $2,050/month, compared to active asking rents of $2,075/month, reflecting a spread of $25/month (1.2%).

What are typical executed lease prices across different layouts at Muse?

Executed lease contracts averaged $2,050/month ($3.30/SF) across closed suites.

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

Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.

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

Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,550
Avg Suite Size850 sf
Avg Days on Market108d
Delisted $/SF$3.00

De-Listed Market Analysis & Questions

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

During August 2026, 1 listings were withdrawn or terminated from the market. Re-listed suites returned with price adjustments aligning with local demand.

How do asking prices on de-listed suites compare to executed leases and active listings at Muse?

Withdrawn listings had an average asking rate of $2,550/month ($3.00/SF) prior to removal.

What market friction causes rental listings to stall or de-list at Muse?

Listings spent an average of 108 days on market prior to termination, indicating tenant price resistance on specific layouts.

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
Select layout to filter chart
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)
2026-04-27721636753.2415
2026-04-281022426903.2811
2026-04-291022306723.3511
2026-04-301022306723.3512
2026-05-011022306723.3513
2026-05-021022306723.3514
2026-05-031022306723.3515
2026-05-041022206623.3815
2026-05-051022206623.3816
2026-05-061022206623.3817
2026-05-071022206623.3818
2026-05-08922456743.3519
2026-05-09822886903.3321
2026-05-10723437143.2923
2026-05-11723437143.2924
2026-05-12723437143.2925
2026-05-13922236803.2720
2026-05-14822536963.2322
2026-05-15822536963.2323
2026-05-16723187123.2616
2026-05-17723187123.2617
2026-05-18723187123.2618
2026-05-19723187123.2619
2026-05-20723187123.2620
2026-05-21723187123.2621
2026-05-22723187123.2622
2026-05-23723187123.2623
2026-05-24723187123.2624
2026-05-25822726983.2522
2026-05-26720546413.2322
2026-05-27922637433.1118
2026-05-28922637433.1119
2026-05-29922637433.1120
2026-05-30922637433.1121
2026-05-31922637433.1122
2026-06-01922637433.1123
2026-06-02922637433.1124
2026-06-03922577323.1722
2026-06-04822927403.1921
2026-06-05723417593.1824
2026-06-06723417593.1825
2026-06-07723417593.1826
2026-06-08822867343.2123
2026-06-09822867343.2124
2026-06-10822867343.2125
2026-06-11822867343.2126
2026-06-12922437133.2424
2026-06-13922437133.2425
2026-06-14922437133.2426
2026-06-15822367293.1623
2026-06-16822367293.1624
2026-06-17619836053.3127
2026-06-18619836053.3128
2026-06-19521006583.2520
2026-06-20620426433.2217
2026-06-21720006303.2116
2026-06-22720006303.2117
2026-06-23720006303.2118
2026-06-24720006303.2119
2026-06-25720006303.2120
2026-06-26620426433.2223
2026-06-27620426433.2224
2026-06-28720286303.2622
2026-06-29720286303.2623
2026-06-30720286303.2624
2026-07-01720286303.2625
2026-07-02620506433.2327
2026-07-03620506433.2328
2026-07-04620506433.2329
2026-07-05620506433.2330
2026-07-06620506433.2331
2026-07-07620506433.2332
2026-07-08620506433.2333
2026-07-09520206153.3136
2026-07-10520206153.3137
2026-07-11520206153.3138
2026-07-12520206153.3139
2026-07-13520206153.3140
2026-07-14320836573.2043
2026-07-15320836573.2044
2026-07-16320836573.2045
2026-07-17320836573.2046
2026-07-18320836573.2047
2026-07-19320836573.2048
2026-07-20320836573.2049
2026-07-21320836573.2050
2026-07-22320836573.2051
2026-07-23320836573.2052
2026-07-24320836573.2053
2026-07-25320836573.2054
2026-07-26320836573.2055
2026-07-27320836573.2056
2026-07-28320836573.2057
2026-07-29320836573.2058
2026-07-30421006693.1645
2026-07-31421006693.1646
2026-08-01319506093.2226
2026-08-02319506093.2227
2026-08-03319506093.2228
2026-08-04420626693.1222
2026-08-05420626693.1223
2026-08-06420626693.1224
2026-08-07420626693.1225
2026-08-08420626693.1226
2026-08-09420626693.1227
2026-08-10420626693.1228
2026-08-11420626693.1229
2026-08-12320336573.1435
2026-08-13320336573.1436
2026-08-14320336573.1437
2026-08-15320336573.1438
2026-08-16320336573.1439
2026-08-17320336573.1440
2026-08-18320336573.1441
2026-08-19320336573.1442
2026-08-20320336573.1443
2026-08-21320336573.1444
2026-08-22320336573.1445
2026-08-23320336573.1446
2026-08-24320336573.1447
2026-08-25320336573.1448
2026-08-26320336573.1449
2026-08-27320336573.1450
2026-08-28320336573.1451
2026-08-29220757112.9448
2026-08-30220757112.9449
2026-08-31220757112.9450

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Muse reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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
Max 2 selected
Show min/max boundaries

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)
2026-05-03319336173.1915
2026-05-10318335533.3335
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31319776403.0926
2026-06-070N/AN/AN/AN/A
2026-06-14124005914.0659
2026-06-21117505503.185
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12118605553.3536
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-09121507053.0513
2026-08-160N/AN/AN/AN/A
2026-08-23119505503.5562

Nearby Building Rental Comparables & Price Spreads

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

Muse at 461 Green Rd in Hamilton's Stoney Creek submarket sits within a tight competitive radius of four registered buildings, ranging from the 1977-era Bayliner at 301 Frances Ave (0.17 km) and Shoreliner at 500 Green Rd (0.24 km) to the 2016 Waterfront Trails at 35 Southshore Cres (0.30 km) and the 2019 Sapphire Condos – Building 1 at 125 Shoreview Pl (0.40 km). Over the trailing 180 days, closed lease transactions in this micro-market totalled 20: Waterfront Trails recorded 6 closed leases and Sapphire Condos – Building 1 logged 14, while the two 1977 buildings registered zero closed leases in the same window, reflecting their older stock and limited turnover activity. Against the four-building comp set, the overall benchmark averages $2,101 per month, $3.38 per square foot, and 631 square feet of interior space. Muse's realized lease average of $1,983 per month at $3.28 per square foot and 609 square feet positions it below the comp average on both rent and rate, while its 259-suite scale and 2025 completion give it a distinctly newer, larger-footprint value proposition compared with the two 1977 towers and a modest edge in unit count over the mid-2010s and late-2010s competitors.

301 Frances Ave, Hamilton

Avg Asking$2,438/mo
Avg $/SF$2.51
Rent Spread:
+$363/mo (+17.5%) Higher

500 Green Rd, Hamilton

Avg Asking$2,800/mo
Avg $/SF$2.54
Rent Spread:
+$725/mo (+34.9%) Higher

35 Southshore Cres, Hamilton

Avg Asking$2,112/mo
Avg $/SF$3.33
Rent Spread:
+$37/mo (+1.8%) Higher

125 Shoreview Pl, Hamilton

Avg Asking$2,042/mo
Avg $/SF$3.27
Rent Spread:
-$33/mo (-1.6%) Lower

101 Shoreview Pl, Hamilton

Avg Asking$2,051/mo
Avg $/SF$3.41
Rent Spread:
-$24/mo (-1.1%) Lower
Tower1.7 km

2782 Barton St E, Hamilton

Avg Asking$1,941/mo
Avg $/SF$3.05
Rent Spread:
-$134/mo (-6.5%) Lower

Comparable Analysis & Questions

How do rental rates at Muse compare to neighbouring buildings within Stoney Creek?

Muse's all-time average lease rent of $1,983 per month sits $118 below the four-building comp average of $2,101, placing it at a competitive discount within the Stoney Creek waterfront cluster. Waterfront Trails at 35 Southshore Cres (0.30 km) closed leases averaging $2,137 per month at $3.53 per square foot across 614 square feet, while Sapphire Condos – Building 1 at 125 Shoreview Pl (0.40 km) recorded an average of $2,064 per month at $3.22 per square foot over 647 square feet. The two 1977-era buildings, Bayliner at 301 Frances Ave and Shoreliner at 500 Green Rd, had no closed lease transactions in the trailing 180-day window, so no direct rent benchmark is available for those properties.

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

Muse leases at $3.28 per square foot for an average 609 square feet, trading at a $0.25-per-square-foot (7.1%) discount below Waterfront Trails ($3.53/SF, 614 sq ft) while commanding a modest $0.06-per-square-foot (1.9%) premium over Sapphire Condos – Building 1 ($3.22/SF, 647 sq ft). Tenants choosing Muse over Waterfront Trails gain a lower rate per square foot but accept 5 fewer interior square feet; against Sapphire Condos – Building 1, they pay slightly more per square foot in exchange for 38 fewer square feet of living area. The net effect is a value profile that undercuts the submarket's $3.08-per-square-foot leased benchmark by roughly 7.5% while still delivering a 2025-built, amenity-rich product that the two 1977 towers cannot match.

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

Muse's 13-amenity package extends well beyond the six-feature sets at Waterfront Trails and Sapphire Condos – Building 1, giving it a clear lifestyle edge in the Stoney Creek waterfront cluster. Where Waterfront Trails offers a yoga studio and Sapphire Condos – Building 1 provides only a rooftop terrace and games room, Muse differentiates with a dedicated pet wash station, EV charging stations, smart parcel lockers, a studio space for creative tenants, and an on-site art gallery—features absent from every nearby competitor. The 1977-era Bayliner and Shoreliner counter with outdoor pools, saunas, and car wash bays, but lack the modern tech, pet-care, and creative-work amenities that define Muse's offering. This combination best serves young professionals and creative tenants in their late twenties to mid-thirties who want a turnkey, pet-friendly, tech-enabled living environment without sacrificing waterfront proximity.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Muse.

Building Amenities

  • Shared Laundry Room
  • EV Charging Station
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Media & Theatre Room
  • Dining Room & Kitchen
  • Rooftop Terrace
  • BBQ Area
  • Garden & Courtyard
  • Pet Wash Station
  • Smart Parcel Lockers
  • Studio Space
  • Art Gallery

Data Methodology & Analytical Standards

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

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.