Market Data as of September 30, 2026
Realm Condos — Apartments for Rent & Lease Comps
Building Summary & Rental Market Overview
Rental market analytics and building profile as of September 30, 2026.
Realm Condos at 4878 Powers Common Street in Burlington's North submarket is a 401-suite residential tower developed by ADI Development Group and completed in 2024. As of September 30, 2026, three units are actively listed for rent, representing a 0.7 percent availability rate across the building. Leasing velocity has been steady: two leases closed in the trailing 30 days with an average six days on market, while 35 leases closed over the past 90 days at an average of 30 days on market.
Active asking rents average $1,983 per month with a median of $1,975, below the 90-day realized lease average of $2,165 per month. However, the active asking rate of $4.03 per square foot exceeds the 90-day realized rate of $3.58 per square foot, a gap driven by the fact that current listings average 512 square feet compared to the 639-square-foot average footprint of historical leases. Against the Burlington North submarket asking benchmark of $3.72 per square foot, Realm Condos' active inventory trades 8.3 percent higher on a rate basis despite the lower nominal monthly figure.
Active listings have sat an average of 47 days on market, well above the submarket benchmark of 32 days, signaling leasing deceleration on the three available units even as closed-lease velocity remains brisk at six days in the trailing month. Across all 135 tracked leases, tenants negotiated an average concession of $71 per month, or 3.16 percent below asking, with 60 percent of deals closing under the initial list price and annualized savings of $852 per unit. Inventory depth is thin: two one-bedroom-plus-den suites and a single two-bedroom unit leave renters with limited layout choice, and parking premiums cannot be reliably isolated from the current sample.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Realm Condos as of September 30, 2026 (comparing September 2026 vs August 2026).
Active Market Insights & Questions
How has rental availability changed at Realm Condos recently?
Realm Condos has three units actively listed as of September 30, 2026, with asking rents ranging from $1,975 to $1,999 per month, an average of $1,983 and a median of $1,975. The three available suites average 512 square feet at an asking rate of $4.03 per square foot. Inventory skews toward compact entry-level layouts, with two one-bedroom-plus-den units (66.7 percent of active stock) and one two-bedroom unit (33.3 percent), leaving no three-bedroom or larger executive options currently on the market.
What floor plans and unit layouts are currently available at Realm Condos?
The dominant active layout at Realm Condos is the one-bedroom-plus-den, with two units representing 66.7 percent of available inventory at an average asking rent of $1,975 per month across 443 square feet and a rate of $4.50 per square foot. The single two-bedroom listing accounts for the remaining 33.3 percent, asking $1,999 per month for 650 square feet at $3.08 per square foot. With only three units total, each layout tier offers a small or single-unit selection rather than a broad menu of choices.
What is the average asking rent and $/SF by suite size at Realm Condos?
Realm Condos' three active listings span a narrow $24 spread, from a minimum entry rent of $1,975 per month to a peak asking rent of $1,999 per month, a 1.2 percent range. The median asking rent sits at $1,975 per month. The entry-level suite is a one-bedroom-plus-den at 400 square feet and $4.94 per square foot, while the peak listing is a two-bedroom at 650 square feet and $3.08 per square foot, reflecting the inverse relationship between suite size and rate per square foot within this small sample.
How much extra do parking spaces and dens cost at Realm Condos?
Realm Condos' active den premium and the associated square-footage delta cannot be quantified from the current three-unit sample, so no reliable marginal cost per square foot for extra den space can be stated. Parking stall premiums are likewise inconclusive; the paired data set is too small or contains anomalous outliers to isolate a dependable monthly parking add-on, and no specific dollar figure should be assumed.
How do asking rents at Realm Condos compare to local and municipal benchmarks?
Realm Condos' active asking rent of $1,983 per month sits below the Burlington North submarket average asking rent of $2,316 per month, but the building's asking rate of $4.03 per square foot runs 8.3 percent above the submarket benchmark of $3.72 per square foot. The lower nominal rent reflects compact suite footprints: active units average 512 square feet versus the submarket implied average of 623 square feet, a 111-square-foot deficit that compresses the monthly figure despite the higher per-square-foot rate. Realm Condos accounts for three out of 30 available listings in the Burlington North submarket, or 10 percent of total 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 Realm Condos (Data period: For the month of September 2026).
Leased Transaction Insights & Questions
How many suites were leased at Realm Condos last month, and how fast did they rent?
Realm Condos at 4878 Powers Common Street closed two leases in the trailing 30 days with a 6-day average DOM, compared to a 30-day average of 30 days across the prior 90-day window and a 32-day submarket benchmark. The 90-day window captured 35 closings at an average $2,165 per month, while the full 135-lease lifetime record averages $2,137 per month with a 24-day DOM. Leasing cadence accelerated sharply through spring and early summer before moderating into late summer, with the two September closings clearing in just six days.
What is the negotiation spread between asking rents and closed lease prices at Realm Condos?
Realm Condos tenants negotiated an average discount of $71 per month (3.16% below asking), translating to $852 in annual savings per unit across the tracked lease population. Sixty percent of all 135 closed leases settled below the landlord's initial asking price, confirming consistent tenant leverage in this Burlington North submarket. The net negotiation spread of -$71 per month represents a landlord concession rather than a pricing premium, and the pattern held across every bedroom tier.
What are typical executed lease prices across different layouts at Realm Condos?
The 2-Bedroom layout anchors Realm Condos volume with 56 closed leases averaging $2,335 per month and a 23-day DOM, while the 1-Bedroom tier follows with 51 closings at $1,929 per month and a 26-day DOM. The 1-Bedroom + Den layout recorded 23 leases at an average $2,049 per month (median $2,100, P25–P75 range $2,000–$2,100), averaging 626 square feet at $3.29 per square foot with a 21-day DOM. The 2-Bedroom + Den tier shows four closings at $2,675 per month (median $2,575, P25–P75 range $2,488–$2,762), averaging 950 square feet at $2.82 per square foot and a 21-day DOM; this is a limited sample size and serves as a directional indicator only. A single Studio lease closed at $1,550 per month for 400 square feet ($3.88 per square foot, 22-day DOM); this represents an individual single transaction, not a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Realm Condos?
Realm Condos parking premium data is inconclusive due to insufficient paired lease records linking suites to assigned parking bays. Active listings also show unreliable or outlier parking figures that cannot be isolated from suite rent, so no verified monthly parking add-on can be quoted. Tenants should confirm whether a parking space is bundled into the asking rent or billed separately before signing a lease.
How does the lease-to-listing ratio at Realm Condos reflect current tenant demand?
Realm Condos rents trended upward from a spring low of $2,095 per month in May to a September close at $2,200 per month, with per-square-foot rates climbing from $3.35 to $4.00 over the six-month window. April opened with 10 closings at $2,243 per month ($3.28 per square foot, 10-day DOM). May surged to 36 deals at $2,095 per month ($3.35 per square foot, 17-day DOM). June peaked in volume with 51 closings at $2,127 per month ($3.32 per square foot, 27-day DOM). July recorded 32 leases at $2,182 per month ($3.51 per square foot, 34-day DOM). August saw only four closings at $1,985 per month but a higher $3.72 per square foot rate (9-day DOM); the nominal rent drop reflects compact suite footprints rather than property devaluation. September closed two deals at $2,200 per month ($4.00 per square foot, 6-day DOM).
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Realm Condos (Data period: For the month of September 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Realm Condos, and what was their re-listing price compared to previous asking?
Realm Condos logged one delisted unit against two trailing-30-day lease closings, producing a 50% delisted-to-leased ratio for the period (0.7% against the lifetime 135-lease record). The single delisting was an expired listing; no terminated or suspended listings appeared in the dataset. At this volume the ratio is a low-confidence friction indicator rather than a structural signal, but it does flag that one unit failed to convert within its marketing window.
How do asking prices on de-listed suites compare to executed leases and active listings at Realm Condos?
Realm Condos' sole delisted unit asked $1,800 per month, which is $400 per month below the $2,200 realized lease average for the trailing 30-day window. The nominal gap reflects a compact suite footprint: the delisted unit priced at $3.27 per square foot versus the 30-day realized average of $4.00 per square foot, indicating tenant resistance to high-density per-square-foot pricing rather than a landlord overpricing event. The 18.2% nominal discount is a size artifact, not a market-clearing signal.
What market friction causes rental listings to stall or de-list at Realm Condos?
Realm Condos' delisted unit sat on the market for an average of 62 days, compared to the 24-day lifetime realized lease DOM and the 6-day trailing-30-day DOM. That 38-day excess over the lifetime benchmark (or 56 days over the 30-day benchmark) translates to roughly $2,280 in lost rent at the $1,800 asking level, plus ongoing condo maintenance fees during the unrented carry period. The friction is isolated to a single expired listing and does not yet represent a systemic absorption problem across the 401-suite building.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 50 | 2169 | 617 | 3.55 | 7 |
| 2026-04-28 | 53 | 2162 | 615 | 3.57 | 8 |
| 2026-04-29 | 50 | 2162 | 616 | 3.56 | 8 |
| 2026-04-30 | 51 | 2167 | 620 | 3.55 | 8 |
| 2026-05-01 | 56 | 2154 | 618 | 3.53 | 9 |
| 2026-05-02 | 52 | 2169 | 623 | 3.53 | 10 |
| 2026-05-03 | 53 | 2173 | 623 | 3.53 | 11 |
| 2026-05-04 | 49 | 2180 | 625 | 3.54 | 12 |
| 2026-05-05 | 44 | 2183 | 624 | 3.55 | 13 |
| 2026-05-06 | 41 | 2176 | 620 | 3.56 | 13 |
| 2026-05-07 | 43 | 2176 | 622 | 3.55 | 14 |
| 2026-05-08 | 41 | 2170 | 621 | 3.54 | 15 |
| 2026-05-09 | 38 | 2170 | 622 | 3.54 | 16 |
| 2026-05-10 | 38 | 2170 | 622 | 3.54 | 17 |
| 2026-05-11 | 37 | 2162 | 618 | 3.55 | 18 |
| 2026-05-12 | 39 | 2166 | 620 | 3.54 | 18 |
| 2026-05-13 | 40 | 2180 | 626 | 3.53 | 18 |
| 2026-05-14 | 44 | 2185 | 631 | 3.51 | 17 |
| 2026-05-15 | 51 | 2161 | 634 | 3.46 | 15 |
| 2026-05-16 | 54 | 2158 | 633 | 3.46 | 15 |
| 2026-05-17 | 56 | 2164 | 635 | 3.45 | 15 |
| 2026-05-18 | 57 | 2165 | 636 | 3.45 | 16 |
| 2026-05-19 | 56 | 2178 | 640 | 3.45 | 17 |
| 2026-05-20 | 61 | 2158 | 634 | 3.45 | 16 |
| 2026-05-21 | 67 | 2141 | 622 | 3.49 | 14 |
| 2026-05-22 | 67 | 2144 | 625 | 3.48 | 14 |
| 2026-05-23 | 69 | 2137 | 622 | 3.49 | 14 |
| 2026-05-24 | 72 | 2149 | 626 | 3.48 | 15 |
| 2026-05-25 | 71 | 2150 | 627 | 3.48 | 15 |
| 2026-05-26 | 68 | 2144 | 624 | 3.49 | 15 |
| 2026-05-27 | 70 | 2136 | 622 | 3.48 | 14 |
| 2026-05-28 | 70 | 2134 | 619 | 3.51 | 15 |
| 2026-05-29 | 68 | 2142 | 618 | 3.52 | 15 |
| 2026-05-30 | 68 | 2142 | 618 | 3.52 | 15 |
| 2026-05-31 | 68 | 2142 | 618 | 3.52 | 16 |
| 2026-06-01 | 68 | 2142 | 618 | 3.52 | 17 |
| 2026-06-02 | 69 | 2140 | 617 | 3.52 | 18 |
| 2026-06-03 | 68 | 2143 | 618 | 3.53 | 19 |
| 2026-06-04 | 71 | 2140 | 616 | 3.53 | 18 |
| 2026-06-05 | 72 | 2136 | 613 | 3.54 | 18 |
| 2026-06-06 | 74 | 2140 | 614 | 3.54 | 18 |
| 2026-06-07 | 75 | 2143 | 615 | 3.54 | 19 |
| 2026-06-08 | 70 | 2142 | 619 | 3.51 | 19 |
| 2026-06-09 | 67 | 2140 | 619 | 3.51 | 20 |
| 2026-06-10 | 67 | 2143 | 621 | 3.50 | 20 |
| 2026-06-11 | 66 | 2146 | 622 | 3.50 | 21 |
| 2026-06-12 | 58 | 2174 | 625 | 3.53 | 21 |
| 2026-06-13 | 59 | 2165 | 624 | 3.52 | 21 |
| 2026-06-14 | 58 | 2171 | 627 | 3.51 | 22 |
| 2026-06-15 | 57 | 2173 | 632 | 3.50 | 23 |
| 2026-06-16 | 53 | 2167 | 625 | 3.52 | 23 |
| 2026-06-17 | 54 | 2168 | 624 | 3.53 | 24 |
| 2026-06-18 | 51 | 2177 | 625 | 3.54 | 24 |
| 2026-06-19 | 49 | 2177 | 626 | 3.53 | 23 |
| 2026-06-20 | 50 | 2180 | 629 | 3.53 | 24 |
| 2026-06-21 | 49 | 2175 | 626 | 3.53 | 24 |
| 2026-06-22 | 48 | 2178 | 628 | 3.53 | 25 |
| 2026-06-23 | 49 | 2174 | 628 | 3.52 | 25 |
| 2026-06-24 | 49 | 2176 | 628 | 3.52 | 24 |
| 2026-06-25 | 46 | 2163 | 620 | 3.54 | 25 |
| 2026-06-26 | 42 | 2170 | 620 | 3.56 | 26 |
| 2026-06-27 | 42 | 2170 | 620 | 3.56 | 27 |
| 2026-06-28 | 41 | 2175 | 624 | 3.55 | 27 |
| 2026-06-29 | 38 | 2160 | 617 | 3.57 | 28 |
| 2026-06-30 | 36 | 2172 | 616 | 3.61 | 29 |
| 2026-07-01 | 33 | 2173 | 617 | 3.59 | 31 |
| 2026-07-02 | 28 | 2164 | 607 | 3.64 | 32 |
| 2026-07-03 | 27 | 2150 | 600 | 3.66 | 34 |
| 2026-07-04 | 27 | 2150 | 600 | 3.66 | 35 |
| 2026-07-05 | 26 | 2144 | 598 | 3.66 | 35 |
| 2026-07-06 | 23 | 2154 | 601 | 3.66 | 39 |
| 2026-07-07 | 17 | 2215 | 636 | 3.52 | 37 |
| 2026-07-08 | 14 | 2225 | 633 | 3.55 | 41 |
| 2026-07-09 | 13 | 2158 | 609 | 3.57 | 43 |
| 2026-07-10 | 13 | 2127 | 601 | 3.56 | 41 |
| 2026-07-11 | 12 | 2108 | 597 | 3.55 | 43 |
| 2026-07-12 | 12 | 2108 | 597 | 3.55 | 44 |
| 2026-07-13 | 12 | 2079 | 589 | 3.55 | 42 |
| 2026-07-14 | 10 | 2075 | 596 | 3.50 | 44 |
| 2026-07-15 | 7 | 1993 | 573 | 3.50 | 50 |
| 2026-07-16 | 6 | 1975 | 561 | 3.55 | 53 |
| 2026-07-17 | 6 | 1975 | 561 | 3.55 | 54 |
| 2026-07-18 | 6 | 1975 | 561 | 3.55 | 55 |
| 2026-07-19 | 6 | 1975 | 561 | 3.55 | 56 |
| 2026-07-20 | 6 | 1975 | 561 | 3.55 | 57 |
| 2026-07-21 | 6 | 1975 | 561 | 3.55 | 58 |
| 2026-07-22 | 6 | 2017 | 586 | 3.46 | 43 |
| 2026-07-23 | 7 | 2143 | 610 | 3.51 | 37 |
| 2026-07-24 | 8 | 2156 | 617 | 3.50 | 34 |
| 2026-07-25 | 8 | 2156 | 617 | 3.50 | 35 |
| 2026-07-26 | 7 | 2150 | 612 | 3.51 | 40 |
| 2026-07-27 | 8 | 2131 | 604 | 3.53 | 36 |
| 2026-07-28 | 8 | 2131 | 604 | 3.53 | 37 |
| 2026-07-29 | 8 | 2131 | 604 | 3.53 | 38 |
| 2026-07-30 | 8 | 2131 | 604 | 3.53 | 39 |
| 2026-07-31 | 7 | 2021 | 584 | 3.48 | 45 |
| 2026-08-01 | 7 | 2021 | 584 | 3.48 | 46 |
| 2026-08-02 | 7 | 2021 | 584 | 3.48 | 47 |
| 2026-08-03 | 6 | 2025 | 589 | 3.45 | 54 |
| 2026-08-04 | 8 | 1992 | 560 | 3.59 | 42 |
| 2026-08-05 | 8 | 1992 | 560 | 3.59 | 43 |
| 2026-08-06 | 8 | 1992 | 560 | 3.59 | 44 |
| 2026-08-07 | 6 | 2025 | 589 | 3.45 | 58 |
| 2026-08-08 | 6 | 2025 | 589 | 3.45 | 59 |
| 2026-08-09 | 6 | 2025 | 589 | 3.45 | 60 |
| 2026-08-10 | 6 | 2025 | 589 | 3.45 | 61 |
| 2026-08-11 | 6 | 2025 | 589 | 3.45 | 62 |
| 2026-08-12 | 6 | 2025 | 589 | 3.45 | 63 |
| 2026-08-13 | 6 | 2025 | 589 | 3.45 | 64 |
| 2026-08-14 | 6 | 2025 | 589 | 3.45 | 65 |
| 2026-08-15 | 5 | 1980 | 574 | 3.47 | 75 |
| 2026-08-16 | 5 | 1980 | 574 | 3.47 | 76 |
| 2026-08-17 | 5 | 1980 | 574 | 3.47 | 77 |
| 2026-08-18 | 5 | 1980 | 574 | 3.47 | 78 |
| 2026-08-19 | 5 | 1980 | 574 | 3.47 | 79 |
| 2026-08-20 | 5 | 1980 | 574 | 3.47 | 80 |
| 2026-08-21 | 5 | 1980 | 574 | 3.47 | 81 |
| 2026-08-22 | 5 | 1980 | 574 | 3.47 | 82 |
| 2026-08-23 | 5 | 1980 | 574 | 3.47 | 83 |
| 2026-08-24 | 5 | 1980 | 574 | 3.47 | 84 |
| 2026-08-25 | 5 | 1980 | 574 | 3.47 | 85 |
| 2026-08-26 | 5 | 1980 | 574 | 3.47 | 86 |
| 2026-08-27 | 5 | 1980 | 574 | 3.47 | 87 |
| 2026-08-28 | 5 | 1980 | 574 | 3.47 | 88 |
| 2026-08-29 | 5 | 1980 | 574 | 3.47 | 89 |
| 2026-08-30 | 5 | 1980 | 574 | 3.47 | 90 |
| 2026-08-31 | 4 | 1975 | 580 | 3.43 | 77 |
| 2026-09-01 | 4 | 1975 | 580 | 3.43 | 78 |
| 2026-09-02 | 4 | 1975 | 580 | 3.43 | 79 |
| 2026-09-03 | 4 | 1975 | 580 | 3.43 | 80 |
| 2026-09-04 | 4 | 1975 | 580 | 3.43 | 81 |
| 2026-09-05 | 4 | 1975 | 580 | 3.43 | 82 |
| 2026-09-06 | 4 | 1975 | 580 | 3.43 | 83 |
| 2026-09-07 | 4 | 1975 | 580 | 3.43 | 84 |
| 2026-09-08 | 4 | 1975 | 580 | 3.43 | 85 |
| 2026-09-09 | 6 | 1975 | 534 | 3.79 | 57 |
| 2026-09-10 | 5 | 2010 | 531 | 3.89 | 57 |
| 2026-09-11 | 6 | 2075 | 542 | 3.91 | 49 |
| 2026-09-12 | 6 | 2075 | 542 | 3.91 | 50 |
| 2026-09-13 | 6 | 2075 | 542 | 3.91 | 51 |
| 2026-09-14 | 7 | 2050 | 536 | 3.89 | 44 |
| 2026-09-15 | 7 | 2050 | 536 | 3.89 | 45 |
| 2026-09-16 | 6 | 2075 | 542 | 3.91 | 54 |
| 2026-09-17 | 6 | 2075 | 542 | 3.91 | 55 |
| 2026-09-18 | 6 | 2075 | 542 | 3.91 | 56 |
| 2026-09-19 | 6 | 2075 | 542 | 3.91 | 57 |
| 2026-09-20 | 5 | 2010 | 531 | 3.89 | 67 |
| 2026-09-21 | 5 | 2010 | 531 | 3.89 | 68 |
| 2026-09-22 | 5 | 2010 | 531 | 3.89 | 69 |
| 2026-09-23 | 5 | 2010 | 531 | 3.89 | 70 |
| 2026-09-24 | 5 | 2010 | 531 | 3.89 | 71 |
| 2026-09-25 | 5 | 2010 | 531 | 3.89 | 72 |
| 2026-09-26 | 5 | 2010 | 531 | 3.89 | 73 |
| 2026-09-27 | 5 | 2010 | 531 | 3.89 | 74 |
| 2026-09-28 | 5 | 2010 | 531 | 3.89 | 75 |
| 2026-09-29 | 5 | 2010 | 531 | 3.89 | 76 |
| 2026-09-30 | 5 | 2010 | 531 | 3.89 | 77 |
12-Month Market Dynamics & Trend Trajectory
Realm Condos realizes an average rent of $2,137 per month at $3.39 per square foot across 639 square feet of average suite size, positioning the building 6.3% below the Burlington North submarket average lease rent of $2,280 and 3.1% below the submarket rate of $3.50 per square foot. The discount is partly structural: active units at Realm average 512 square feet, which is 111 square feet smaller than the submarket implied average of 623 square feet, so the lower nominal rent reflects compact footprints rather than a quality gap. Pricing discipline at Realm Condos skews tenant-favorable. Sixty percent of the 135 tracked leases closed below asking, with an average concession of $71 per month (3.16%) and $852 in annualized tenant savings per unit. The net negotiation spread of -$71 per month confirms that landlords in this building are absorbing price pressure rather than holding firm at initial asking, a pattern consistent with the submarket's 32-day average DOM and moderate competition from 30 active listings.
Available inventory summary
Realm Condos, 4878 Powers Common Street, Burlington, currently has three units listed for rent (0.7 percent availability), with asking rents from $1,975 to $1,999 per month, an average of $1,983 and a median of $1,975. Available suites average 512 square feet and split between two one-bedroom-plus-den layouts (66.7 percent) and one two-bedroom (33.3 percent). Active listings have averaged 47 days on market, above the submarket norm of 32 days, so prospective renters should expect some patience or negotiation room; historical data shows tenants have saved an average of $71 per month below asking. Parking stall premiums are unquoted due to insufficient paired data, and no den surcharge can be reliably isolated from the current sample.
| Configuration (1-Bedroom) | Units | Rent range | Avg asking rent | Avg $/PSF | Avg DOM |
|---|---|---|---|---|---|
No Den• With Parking | 2 | $2,000 – $2,100 | $2,050 | $3.68 | 123d |
With Den• With Parking | 2 | $1,975 – $1,975 | $1,975 | $4.50 | 21d |
| Configuration (2-Bedroom) | Units | Rent range | Avg asking rent | Avg $/PSF | Avg DOM |
|---|---|---|---|---|---|
No Den• With Parking | 1 | $1,999 – $1,999 | $1,999 | $3.08 | 99d |
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 4 | 1963 | 561 | 3.52 | 6 |
| 2026-05-03 | 12 | 2152 | 634 | 3.41 | 12 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 9 | 2075 | 626 | 3.35 | 18 |
| 2026-05-24 | 11 | 2097 | 649 | 3.24 | 25 |
| 2026-05-31 | 5 | 2125 | 670 | 3.25 | 22 |
| 2026-06-07 | 18 | 2136 | 631 | 3.43 | 27 |
| 2026-06-14 | 10 | 2135 | 660 | 3.29 | 26 |
| 2026-06-21 | 10 | 2104 | 650 | 3.28 | 30 |
| 2026-06-28 | 16 | 2159 | 655 | 3.35 | 25 |
| 2026-07-05 | 14 | 2159 | 607 | 3.66 | 38 |
| 2026-07-12 | 7 | 2150 | 636 | 3.39 | 36 |
| 2026-07-19 | 1 | 1950 | 495 | 3.94 | 98 |
| 2026-07-26 | 2 | 2525 | 700 | 3.59 | 6 |
| 2026-08-02 | 3 | 1930 | 498 | 3.89 | 4 |
| 2026-08-09 | 1 | 2150 | 667 | 3.22 | 22 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-30 | 0 | N/A | N/A | N/A | N/A |
| 2026-09-06 | 0 | N/A | N/A | N/A | N/A |
| 2026-09-13 | 1 | 2000 | 500 | 4.00 | 2 |
| 2026-09-20 | 1 | 2400 | 600 | 4.00 | 9 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Realm Condos at 4878 Powers Common Street sits in a tightly clustered Burlington North pocket where four nearby buildings anchor the competitive set. The closest peer, 4870 Palladium Way at 4870 Palladium Way (0.0 km, estimated completion 2026), recorded just one closed lease over the trailing 180 days, making it a limited-volume reference rather than a robust pricing benchmark. Two blocks away at 0.09 km, the sister Realm Condos tower at 4853 Thomas Alton Boulevard (completed 2024) logged two closed leases in the same window. The deepest transaction volume belongs to the Valera pair on Dakota Common: Valera – V2 at 3200 Dakota Common (0.32 km, completed 2023) closed 21 leases, and Valera – V1 at 3210 Dakota Common (0.33 km, completed 2023) closed 15 leases, together representing 36 of the 40 total comp transactions and establishing the submarket's active pricing corridor. Against the four-building comp set, the overall benchmark averages $2,513 per month in realized rent, $3.29 per square foot, and 798 square feet of interior space. Realm Condos at Powers Common lands below that rent average at $2,137 per month while posting a slightly higher rate of $3.39 per square foot on a 639-square-foot average suite. The building's 401-suite scale and 2024 completion place it in the same structural generation as the Thomas Alton tower and one year behind the Valera pair, yet its compact footprint—roughly 160 square feet smaller than the comp average—drives the lower nominal rent without reflecting a weaker per-foot valuation.
Comparable Analysis & Questions
How do rental rates at Realm Condos compare to neighbouring buildings within Burlington North?
Realm Condos at 4878 Powers Common Street realized an average lease rent of $2,137 per month over the trailing year, sitting $376 below the four-building comp benchmark of $2,513 and anchored primarily by the higher-volume Valera towers. 4870 Palladium Way (4870 Palladium Way, 0.0 km, one closed lease) averaged $3,100 per month at $2.58 per square foot across 1,200 square feet of space; its single-transaction sample limits pricing reliability but confirms a premium large-format product. Realm Condos at 4853 Thomas Alton Boulevard (0.09 km, two closed leases) averaged $2,225 per month at $3.42 per square foot on 650 square feet, placing it just $88 above the subject. Valera – V2 (3200 Dakota Common, 0.32 km, 21 closed leases) and Valera – V1 (3210 Dakota Common, 0.33 km, 15 closed leases) both averaged $2,363 per month, at $3.61 and $3.55 per square foot respectively on 666 and 675 square feet, establishing the submarket's active rent band roughly $226 above the subject.
Does Realm Condos offer a competitive price-per-square-foot ($/SF) against local comparables?
Realm Condos at Powers Common leases at $3.39 per square foot on an average 639-square-foot suite, positioning it at a modest discount to the Valera pair and near parity with the Thomas Alton tower while carrying a premium over the large-format Palladium Way product. Against Realm Condos at 4853 Thomas Alton Boulevard, the subject trades at a $0.03 per square foot (0.9%) discount and provides 11 fewer interior square feet, a near-identical value exchange where the slightly smaller footprint absorbs the marginal rate gap. Versus Valera – V2, the subject offers a $0.22 per square foot (6.1%) discount with 27 fewer square feet, and against Valera – V1 it carries a $0.16 per square foot (4.5%) discount with 36 fewer square feet; in both cases the lower nominal rent of $2,137 versus $2,363 is driven by the compact interior footprint rather than a weaker asset valuation. The outlier is 4870 Palladium Way, where the subject commands a $0.81 per square foot (31.4%) premium yet provides 561 fewer square feet, meaning the $963-per-month rent gap reflects the comp's 1,200-square-foot layout rather than a true rate advantage for either building.
How do building age, amenities, and developer reputation impact rent spreads?
Realm Condos at 4878 Powers Common Street fields a 15-feature lifestyle package spanning concierge security, a full gym and yoga studio, sauna and steam room, an indoor basketball court, media and theatre room, business centre, dining room and kitchen, rooftop terrace, garden courtyard, indoor kids' play room, pet wash station, and parcel lockers. The building differentiates from the Valera towers by offering an indoor basketball court and parcel lockers that neither 3200 Dakota Common nor 3210 Dakota Common provides, while the Valera pair counters with outdoor pools, EV charging stations, games and billiards rooms, and fire pits absent from the subject. Compared with the sister Realm Condos at Thomas Alton Boulevard, the Powers Common tower adds a dedicated media and theatre room but lacks the EV charging station, outdoor children's playground, and meeting room found there. 4870 Palladium Way mirrors much of the subject's wellness and recreation core but omits concierge service, the dining room, media room, and parcel lockers. This amenity mix—emphasizing indoor fitness, social gathering, and family-oriented play space without aquatic or EV infrastructure—best serves young professionals and small families in Burlington North who prioritize a turnkey indoor lifestyle over resort-style outdoor features.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Realm Condos.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Sauna & Steam Room
- Basketball Court
- Party & Lounge Room
- Business Centre
- Media & Theatre Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
- Kids' Play Room - Indoor
- Pet Wash Station
- Parcel Lockers
Residential Buildings in the Vicinity
- 4870 Palladium Way0 m
- Realm Condos94 m
- Valera - V2323 m
- Valera - V1333 m
- LINK 2 - Solara1.3 km
- LINK 2 - Vert1.4 km
- Cornerstone in Alton Village East1.7 km
- Cornerstone in Alton Village West1.9 km
- Orchard Uptown VI2.6 km
- Orchard Uptown V2.7 km
- Orchard Uptown IV2.7 km
- Orchard Uptown I2.7 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Realm Condos.
Snapshot Dates & Benchmark Cadence
- Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
- Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.