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Market Data as of August 31, 2026

Soleil - 2 — Rental Market Data

470 Gordon Krantz Ave, Milton, Ontario L9E 1Z3
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,750/mo
Date Leased: August 31, 2026
Rent psf$3.13/sf
Turnover Velocity24 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites121
DeveloperMattamy Homes

Soleil - 2 at 470 Gordon Krantz Ave in Milton is a 121-suite residential building completed in 2024 by Mattamy Homes, and it currently sits at full occupancy with zero units listed for rent as of August 31, 2026. The building's recent leasing activity shows two closed leases in the trailing 30 days at an average of $2,700 per month with a 15-day average time on market, and six closed leases over the past 90 days averaging $2,600 per month with a 38-day average DOM. Across all nine tracked transactions, the building has realized an average rent of $2,500 per month at $3.10 per square foot on suites averaging 812 square feet.

With no active listings to benchmark, pricing intelligence rests on the building's realized lease history. The 90-day cohort closed at $3.09 per square foot, which is 6.4 percent below the Milton submarket's average realized rate of $3.30 per square foot. The submarket's current asking benchmark sits at $2,483 per month and $3.57 per square foot, meaning Soleil - 2's historical lease rates have traded at a modest discount to both the broader market's asking and realized levels. The building's 812-square-foot average suite footprint is consistent with the submarket's implied asking size of roughly 696 square feet, indicating slightly larger-than-average unit dimensions.

Renter actionability is limited by the zero-inventory condition, but the building's leasing velocity tells a clear story. The 30-day closed DOM of 15 days undercuts the Milton submarket average of 22 days, suggesting units that do come to market lease quickly. Across all tracked leases, tenants negotiated an average concession of $66 per month, or 2.59 percent below asking, with 77.8 percent of deals closing under the initial ask. The dominant leased layout is the two-bedroom at 66.7 percent of transactions, so prospective renters seeking a one-bedroom or three-bedroom option at this address should monitor the broader Milton submarket, which currently carries 44 active listings.

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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$2,750/mo
Date LeasedAugust 31, 2026
Rent psf$3.13/sf
Turnover Velocity24 Days
Active Inventory Status0 Available

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 Soleil - 2 (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,700
Avg Leased Size812 sf
Avg Days to Lease15d
Leased $/SF$3.12

Leased Transaction Insights & Questions

How many suites were leased at Soleil - 2 last month, and how fast did they rent?

Soleil - 2 at 470 Gordon Krantz Ave closed leases in 15 days on average over the trailing 30 days, well ahead of the Milton submarket benchmark of 22 days. The 90-day average DOM stretched to 38 days, reflecting a slower mid-summer cadence before the August acceleration. Two leases closed in the last 30 days, six in the last 90 days, and nine over the full lifetime, indicating leasing turnover picked up sharply heading into late summer after a quieter spring.

What is the negotiation spread between asking rents and closed lease prices at Soleil - 2?

Soleil - 2 tenants negotiated an average discount of $66 per month (2.59% below asking), saving them $792 per year across tracked leases. Seventy-seven point eight percent of all nine closed leases settled under the landlord's asking price, confirming consistent tenant leverage in this Milton submarket. This pattern reflects genuine landlord concessions rather than a pricing premium, with the average realized rent landing at $2,500 per month against higher initial asks.

What are typical executed lease prices across different layouts at Soleil - 2?

The 2-Bedroom layout dominates Soleil - 2's lease book with six closed deals averaging $2,692 per month and a 26-day DOM, representing a statistically robust benchmark. The 1-Bedroom + Den tier accounts for three leases averaging $2,117 per month with a median of $2,100 and a P25-P75 range of $2,100 to $2,125. That smaller tier averages 659 square feet at $3.21 per square foot and required 51 days on market, making it a directional reference only given the limited sample size.

What measurable rent premium did suites with parking achieve in closed leases at Soleil - 2?

Soleil - 2's realized parking premium cannot be isolated from the available lease data, as paired parking assignments are insufficient to calculate a reliable monthly add-on. Active asking parking rates are similarly inconclusive due to outlier or sample-size issues in the current listing pool. Tenants should treat any quoted parking figure at this building as unverified until a confirmed paired lease or active listing provides a clean data point.

How does the lease-to-listing ratio at Soleil - 2 reflect current tenant demand?

Soleil - 2's monthly rent trajectory shows a dip in July followed by a strong August recovery, with the overall lifetime average holding at $2,500 per month. May closed three deals at $2,300 average rent and $3.10 per square foot with a 28-day DOM. June saw three more leases at $2,683 average and $3.05 per square foot over 35 days. July recorded a single lease at $2,150 and $3.18 per square foot after 93 days on market; the lower nominal rent reflects a compact suite footprint rather than property devaluation, as the per-square-foot rate actually rose. August closed two leases at $2,700 average and $3.12 per square foot in just 15 days, signaling renewed tenant demand heading into fall.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Soleil - 2 (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,200
Avg Suite Size650 sf
Avg Days on Market69d
Delisted $/SF$3.38

De-Listed Market Analysis & Questions

How many listings de-listed at Soleil - 2, and what was their re-listing price compared to previous asking?

Soleil - 2 logged one delisted unit over its lifetime, representing 50% of the two leases closed in the trailing 30 days and 11.1% of the nine lifetime leases. The single delisting was an expired listing; no terminated or suspended units appear in the record. With zero active listings currently, this delisted-to-leased ratio is a thin friction indicator rather than a signal of broad market pushback on price.

How do asking prices on de-listed suites compare to executed leases and active listings at Soleil - 2?

Soleil - 2's one delisted unit asked an average of $2,200 per month, which is $500 per month below the $2,700 realized lease benchmark nominally. However, that delisted suite carried a rate of $3.38 per square foot versus the $3.12 per square foot realized in 30-day leases, demonstrating tenant resistance to high-density per-square-foot pricing on compact footprints. The nominal dollar gap masks a premium per-square-foot ask that the market declined to absorb.

What market friction causes rental listings to stall or de-list at Soleil - 2?

Soleil - 2's delisted unit sat on market for an average of 69 days, compared to the 34-day lifetime realized lease DOM, producing 35 excess marketing days. Those 35 days translate to roughly $2,567 in lost rent at the $2,200 asking level, plus ongoing condo maintenance fees during the unrented period. Measured against the faster 30-day DOM of 15 days, the excess stretches to 54 days and approximately $3,960 in foregone rent, underscoring the carrying cost of mispriced or mismatched suite offerings.

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
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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)
2026-04-27624497673.2318
2026-04-28624497673.2319
2026-04-29724997843.2217
2026-04-30625998233.1810
2026-05-01726218413.149
2026-05-02726218413.1410
2026-05-03826378423.1510
2026-05-04826378423.1511
2026-05-05826378423.1512
2026-05-06826378423.1513
2026-05-07826378423.1514
2026-05-08826378423.1515
2026-05-09826378423.1516
2026-05-10825498133.1615
2026-05-11825498133.1616
2026-05-12825498133.1617
2026-05-13825498133.1618
2026-05-14825498133.1619
2026-05-15825498133.1620
2026-05-16624667713.2221
2026-05-17624667713.2222
2026-05-18624667713.2223
2026-05-19524997953.1619
2026-05-20524997953.1620
2026-05-21425998323.1423
2026-05-22425998323.1424
2026-05-23425998323.1425
2026-05-24425998323.1426
2026-05-25425998323.1427
2026-05-26425998323.1428
2026-05-27425998323.1429
2026-05-28425998323.1430
2026-05-29425998323.1431
2026-05-30425998323.1432
2026-05-31425998323.1433
2026-06-01425868323.1227
2026-06-02425868323.1228
2026-06-03325317923.2027
2026-06-04325317923.2028
2026-06-05325317923.2029
2026-06-06325317923.2030
2026-06-07325317923.2031
2026-06-08325317923.2032
2026-06-09325317923.2033
2026-06-10325317923.2034
2026-06-11325317923.2035
2026-06-12224487633.2149
2026-06-13224487633.2150
2026-06-14224487633.2151
2026-06-15224487633.2152
2026-06-16224487633.2153
2026-06-17224487633.2154
2026-06-18224487633.2155
2026-06-19224487633.2156
2026-06-20224487633.2157
2026-06-21224487633.2158
2026-06-22224487633.2159
2026-06-23221986633.3230
2026-06-24221986633.3231
2026-06-25221986633.3232
2026-06-26221986633.3233
2026-06-27221986633.3234
2026-06-28221986633.3235
2026-06-29221986633.3236
2026-06-30221986633.3237
2026-07-01221986633.3238
2026-07-02221986633.3239
2026-07-03221986633.3240
2026-07-04221986633.3241
2026-07-05221986633.3242
2026-07-06221986633.3243
2026-07-07221986633.3244
2026-07-08221986633.3245
2026-07-09221986633.3246
2026-07-10221986633.3247
2026-07-11221986633.3248
2026-07-12221986633.3249
2026-07-13221986633.3250
2026-07-14221986633.3251
2026-07-15221986633.3252
2026-07-16221986633.3253
2026-07-17221986633.3254
2026-07-18221986633.3255
2026-07-19221986633.3256
2026-07-20221986633.3257
2026-07-21221986633.3258
2026-07-22221986633.3259
2026-07-23221986633.3260
2026-07-24221986633.3261
2026-07-25221986633.3262
2026-07-26122006503.3833
2026-07-27122006503.3834
2026-07-28122006503.3835
2026-07-29122006503.3836
2026-07-30122006503.3837
2026-07-31122006503.3838
2026-08-01122006503.3839
2026-08-02122006503.3840
2026-08-03225007503.3421
2026-08-04225007503.3422
2026-08-05225007503.3423
2026-08-06225007503.3424
2026-08-07325837933.2716
2026-08-08224757653.2624
2026-08-09224757653.2625
2026-08-10224757653.2626
2026-08-11224757653.2627
2026-08-12224757653.2628
2026-08-13224757653.2629
2026-08-14224757653.2630
2026-08-15224757653.2631
2026-08-16224757653.2632
2026-08-17224757653.2633
2026-08-18224757653.2634
2026-08-19224757653.2635
2026-08-20224757653.2636
2026-08-21224757653.2637
2026-08-22224757653.2638
2026-08-23224757653.2639
2026-08-24224757653.2640
2026-08-25224757653.2641
2026-08-26224757653.2642
2026-08-27224757653.2643
2026-08-28224757653.2644
2026-08-29224757653.2645
2026-08-30224757653.2646

12-Month Market Dynamics & Trend Trajectory

Soleil - 2's lifetime average realized rent of $2,500 per month sits above the Milton submarket average of $2,374 per month, a premium of roughly 5.3%. On a per-square-foot basis, the building's $3.10 rate trails the submarket leased average of $3.30 per square foot by 6.4%, meaning tenants pay more in absolute dollars for larger average suites (812 square feet) rather than a density premium. The building's 34-day lifetime DOM also undercuts the submarket's 22-day benchmark only marginally, positioning Soleil - 2 as a mid-market option with above-average suite sizes. Pricing discipline at Soleil - 2 leans clearly toward tenant leverage. Seventy-seven point eight percent of the nine tracked leases closed below asking, with an average concession of $66 per month (2.59%) that compounds to $792 in annual tenant savings. The net negotiation spread of negative $66 per month confirms landlords are absorbing price pressure rather than holding firm at list, a pattern consistent with a submarket where 44 active listings compete for a finite tenant pool.

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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)
2026-05-10127009502.8424
2026-05-17221006503.2330
2026-05-240N/AN/AN/AN/A
2026-05-31127009502.8433
2026-06-07127008503.1811
2026-06-140N/AN/AN/AN/A
2026-06-21126508503.1260
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26121506763.1893
2026-08-02127008503.185
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-230N/AN/AN/AN/A
2026-08-30127008793.0724

Nearby Building Rental Comparables & Price Spreads

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

Soleil - 2 at 470 Gordon Krantz Ave sits within a tight cluster of four active competitors in Milton, all of which recorded closed lease transactions over the trailing 180 days. The three nearest peers—Soleil 3 at 480 Gordon Krantz Ave (0.1 km, 9 closed leases), Soleil 1 at 460 Gordon Krantz Ave (0.1 km, 11 closed leases), and Soleil 4 at 490 Gordon Krantz Ave (0.16 km, 9 closed leases)—were all completed in 2024 and share the same Mattamy Homes development envelope. The fourth benchmark, Hawthorne South Village at 1105 Leger Way (1.79 km), closed 21 leases in the same window but represents an earlier generation of product, built in 2020, and carries a materially different amenity and unit-mix profile. Against the four-comp average of $2,220 per month, $3.24 per square foot, and 696 square feet, Soleil - 2's realized lease metrics of $2,500 per month, $3.10 per square foot, and 812 square feet paint a clear picture: the building delivers roughly 116 additional interior square feet per suite while pricing at a $0.14-per-square-foot discount to the comp mean. The higher nominal rent is therefore a function of the larger footprint rather than a per-unit valuation premium. At $3.10 per square foot, the subject also trades 6.4 percent below the Milton submarket leased benchmark of $3.30 per square foot, reinforcing that its value proposition rests on space efficiency and a full lifestyle package rather than rate leadership.

460 Gordon Krantz Ave, Milton

Avg Asking$2,366/mo
Avg $/SF$3.18
Rent Spread:
N/A

480 Gordon Krantz Ave, Milton

Avg Asking$2,251/mo
Avg $/SF$3.49
Rent Spread:
N/A

490 Gordon Krantz Ave, Milton

Avg Asking$2,198/mo
Avg $/SF$3.41
Rent Spread:
N/A

1105 Leger Way, Milton

Avg Asking$2,174/mo
Avg $/SF$3.37
Rent Spread:
N/A

830 Megson Terr, Milton

Avg Asking$2,983/mo
Avg $/SF$6.05
Rent Spread:
N/A
MV12.6 km

1440 Clarriage Crt, Milton

Avg Asking$2,591/mo
Avg $/SF$3.03
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Soleil - 2 compare to neighbouring buildings within Milton?

Soleil - 2's average realized lease rent of $2,500 per month sits $280 above the four-comp benchmark of $2,220, with the premium driven entirely by the building's larger average suite size of 812 square feet. Soleil 3 at 480 Gordon Krantz Ave (0.1 km) closed 9 leases at an average of $2,246 per month, $3.22 per square foot, and 704 square feet; Soleil 1 at 460 Gordon Krantz Ave (0.1 km) closed 11 leases at $2,361 per month, $3.13 per square foot, and 769 square feet; Soleil 4 at 490 Gordon Krantz Ave (0.16 km) closed 9 leases at $2,175 per month, $3.30 per square foot, and 669 square feet; and Hawthorne South Village at 1105 Leger Way (1.79 km) closed 21 leases at $2,099 per month, $3.31 per square foot, and 642 square feet. All four competitors posted active lease volume, so each provides a realized rent benchmark rather than a zero-transaction reference point.

Does Soleil - 2 offer a competitive price-per-square-foot ($/SF) against local comparables?

Soleil - 2 leases at $3.10 per square foot across an average 812-square-foot suite, positioning it at a per-square-foot discount to every active nearby competitor while delivering the largest interior footprint in the immediate pocket. Against Soleil 3, the subject trades at a $0.12-per-square-foot (3.7 percent) discount and provides 108 more interior square feet, meaning the $254-per-month rent premium over that comp is a direct function of the additional space rather than a rate advantage. Compared with Soleil 1, the subject offers a $0.03-per-square-foot (1.0 percent) discount and 43 more square feet, with the $139-per-month differential again reflecting the larger footprint. Soleil 4 presents the widest spread: the subject trades at a $0.20-per-square-foot (6.1 percent) discount and provides 143 more square feet, so the $325-per-month higher rent is fully attributable to the extra 143 square feet of livable area. Hawthorne South Village shows the same pattern at a $0.21-per-square-foot (6.3 percent) discount and 170 additional square feet, with the $401-per-month gap explained by the building's 2024 construction, larger suites, and expanded amenity set versus the 2020-era product.

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

Soleil - 2 carries a nine-item lifestyle package—including a rooftop terrace, yoga studio, garden and courtyard, EV charging station, and parcel lockers—that is broader than any single competitor in the immediate set. The three Soleil siblings each add features the subject lacks: Soleil 3 and Soleil 4 both include a business centre, meeting room, and shared laundry room, while Soleil 1 adds a business centre and shared laundry; Soleil 4 further offers a games and billiards room. Conversely, the subject's EV charging station, garden and courtyard, and parcel lockers are absent from Soleil 3, and its EV charging station is not found in Soleil 1 or Soleil 4. Hawthorne South Village, built in 2020, offers only a BBQ area, party and lounge room, meeting room, and media and theatre room, making it the thinnest amenity profile in the peer group. The building's combination of a rooftop terrace, dedicated yoga studio, outdoor garden, and EV infrastructure best serves young professional and dual-income households in Milton who prioritize wellness programming, outdoor social space, and sustainable-living infrastructure over co-working or shared-laundry facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Soleil - 2.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Rooftop Terrace
  • Party & Lounge Room
  • BBQ Area
  • Garden & Courtyard
  • EV Charging Station
  • Parcel Lockers

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Soleil - 2.

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.