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Market Data as of August 31, 2026

5 Hamilton — Rental Market Data

5 Hamilton St N, Hamilton, Ontario L0R 2H0
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
3-Bedroom+
1
$3,350

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2023
Total Suites74
DeveloperHawk Ridge Homes Inc.

5 Hamilton at 5 Hamilton St N in the Dundas submarket of Hamilton is a 74-suite residential building completed in 2023 by Hawk Ridge Homes Inc. As of August 31, 2026, one unit is actively listed for rent, representing a 1.4 percent availability rate across the building. Leasing activity over the trailing 30 days produced two closed leases at an average of $2,850 per month with a 31-day average time on market, while the 90-day window mirrors that pace with two additional closings at the same average rent and 31-day DOM.

The single active listing asks $3,350 per month on a 1,500-square-foot footprint, translating to $2.23 per square foot. That rate sits below the building's realized 30-day lease average of $2.59 per square foot and the all-time lease benchmark of $2.82 per square foot, a gap driven entirely by the active suite's expansive 1,500-square-foot layout compared to the 997-square-foot average footprint in historical leases. Against the Dundas submarket asking benchmark of $3.32 per square foot, 5 Hamilton's active rate trades 32.8 percent below the broader market, reflecting the premium size of this particular unit rather than a pricing premium.

Marketing friction appears modest: the active listing has been on market for 25 days, well under the submarket average of 40 days, and the two recent closed leases cleared in 31 days, also below the submarket norm. Across all four tracked historical leases, tenants secured an average concession of $88 per month, or 3.1 percent below asking, with half of closed transactions landing under the initial list price. Inventory depth is extremely thin at this point—only one three-bedroom-plus suite is available, leaving no multi-unit choice across any bedroom tier for prospective renters.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at 5 Hamilton as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$3,350
+$450 (15.5%)
Avg Suite Size1,500 sf
+400 sf (36.4%)
Avg Days on Market25d
-17d (40.5%)
Avg Asking $/SF$2.23
-$0.40 (15.3%)

Active Market Insights & Questions

How has rental availability changed at 5 Hamilton recently?

5 Hamilton carries one active listing as of August 31, 2026, asking $3,350 per month with a minimum and maximum rent of $3,350 and a median of $3,350. The available suite spans 1,500 square feet at an asking rate of $2.23 per square foot, and the 100 percent layout share belongs to the three-bedroom-plus tier. This single listing represents a distinctly executive, multi-bedroom offering rather than a compact entry-level unit, and it accounts for just one out of 61 active listings across the broader Dundas submarket.

What floor plans and unit layouts are currently available at 5 Hamilton?

The sole active layout at 5 Hamilton is a three-bedroom-plus suite, representing 100 percent of available inventory with a single listing. That unit asks $3,350 per month on 1,500 square feet, equating to $2.23 per square foot, and no other bedroom tier—whether one-bedroom, two-bedroom, or studio—currently has an open listing. Renter choice is therefore limited to this one expansive multi-bedroom option.

What is the average asking rent and $/SF by suite size at 5 Hamilton?

With only one unit on the market at 5 Hamilton, the minimum and maximum asking rents both sit at $3,350 per month, producing a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same three-bedroom-plus layout at 1,500 square feet and $2.23 per square foot, so there is no internal price gradient to navigate. Prospective renters should note that the median asking rent of $3,350 is the only data point available for comparison.

How much extra do parking spaces and dens cost at 5 Hamilton?

Den premium metrics for 5 Hamilton cannot be quantified from the current active listing, as no paired den versus non-den comparison exists in the available sample. Parking stall costs likewise cannot be reliably isolated; the data set flags the parking premium as an unreliable outlier or insufficient paired sample, and no verified monthly parking fee can be quoted. Renters should confirm both den and parking terms directly with the leasing office before signing a lease.

How do asking rents at 5 Hamilton compare to local and municipal benchmarks?

5 Hamilton's active asking rent of $3,350 per month exceeds the Dundas submarket average asking rent of $2,352 per month by roughly $1,000, yet the building's asking rate of $2.23 per square foot sits 32.8 percent below the submarket asking benchmark of $3.32 per square foot. The nominal rent gap is fully explained by suite size: the active unit at 1,500 square feet is 792 square feet larger than the submarket implied average of 708 square feet, so renters are paying for substantially more living space rather than a per-unit-area premium. The building's single listing represents one out of 61 active listings in the Dundas submarket, or approximately 1.6 percent of total available 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 5 Hamilton (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,850
Avg Leased Size997 sf
Avg Days to Lease31d
Leased $/SF$2.59

Leased Transaction Insights & Questions

How many suites were leased at 5 Hamilton last month, and how fast did they rent?

5 Hamilton closed two leases in the trailing 30 days at an average 31 days on market, compared to 40 days for the Dundas submarket benchmark. The 90-day window also shows two closings at the same 31-day DOM, while the full lifetime record totals four leases averaging 58 days on market. Leasing cadence accelerated sharply in the most recent quarter, with DOM compressing from 85 days in May to 31 days by August, signalling a meaningful pickup in tenant absorption.

What is the negotiation spread between asking rents and closed lease prices at 5 Hamilton?

5 Hamilton tenants negotiated an average discount of $88 per month (3.1% below asking), translating to $1,056 in annual savings per unit. Fifty percent of tracked leases closed under the listed asking price, confirming tenant leverage and landlord concession across the sample. This is a small-sample directional read (four total leases), but the consistent sub-asking settlement pattern points to a tenant-favourable negotiation environment in this submarket.

What are typical executed lease prices across different layouts at 5 Hamilton?

The 2-Bedroom layout anchors 5 Hamilton's lease volume with three closings at an average $2,733 per month and 42 days on market. This is a limited sample of three transactions and should be treated as a directional indicator only. The 3-Bedroom+ tier recorded one closing at $2,850 per month over 105 days on market. That single transaction represents an individual deal, not a broad statistical benchmark, and reflects a 1,036-square-foot suite at $2.75 per square foot.

What measurable rent premium did suites with parking achieve in closed leases at 5 Hamilton?

5 Hamilton does not have sufficient paired lease data to isolate a verified parking premium. Parking appears bundled into suite rents rather than listed as a separate line item, and no reliable monthly parking figure can be extracted from the tracked transactions. Active listings also show inconclusive parking pricing due to insufficient paired samples, so no premium or discount claim is warranted.

How does the lease-to-listing ratio at 5 Hamilton reflect current tenant demand?

5 Hamilton rents trended upward from spring to late summer 2026, rising from $2,675 in May to $2,850 in August. In May, two leases closed at an average $3.04 per square foot over 85 days on market. By August, two additional leases settled at $2,850 per month but at a lower $2.59 per square foot over just 31 days. The nominal rent increase reflects larger suite footprints in August rather than a per-square-foot rate hike, as the implied square footage expanded from roughly 880 to 1,100 square feet.

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)
2026-04-27228508933.2561
2026-04-28228508933.2562
2026-04-29228508933.2563
2026-04-30228508933.2564
2026-05-01228508933.2565
2026-05-02228508933.2566
2026-05-03228508933.2567
2026-05-04228508933.2568
2026-05-05228508933.2569
2026-05-06228508933.2570
2026-05-07228508933.2571
2026-05-08228508933.2572
2026-05-09228508933.2573
2026-05-10228508933.2574
2026-05-11228508933.2575
2026-05-12228508933.2576
2026-05-13228508933.2577
2026-05-14228508933.2578
2026-05-15127007503.6053
2026-05-16127007503.6054
2026-05-17127007503.6055
2026-05-18127007503.6056
2026-05-19127007503.6057
2026-05-20127007503.6058
2026-05-21127007503.6059
2026-05-22127007503.6060
2026-05-23127007503.6061
2026-05-24127007503.6062
2026-05-25127007503.6063
2026-06-191290011002.64N/A
2026-06-201290011002.641
2026-06-211290011002.642
2026-06-221290011002.643
2026-06-231290011002.644
2026-06-241290011002.645
2026-06-251290011002.646
2026-06-261290011002.647
2026-06-271290011002.648
2026-06-281290011002.649
2026-06-291290011002.6410
2026-06-301290011002.6411
2026-07-011290011002.6412
2026-07-021290011002.6413
2026-07-031290011002.6414
2026-07-041290011002.6415
2026-07-051290011002.6416
2026-07-061290011002.6417
2026-07-071290011002.6418
2026-07-081290011002.6419
2026-07-091290011002.6420
2026-07-101290011002.6421
2026-07-111290011002.6422
2026-07-121290011002.6423
2026-07-131290011002.6424
2026-07-141290011002.6425
2026-07-151290011002.6426
2026-07-161290011002.6427
2026-07-171290011002.6428
2026-07-181290011002.6429
2026-07-191290011002.6430
2026-07-201290011002.6431
2026-07-211290011002.6432
2026-07-221290011002.6433
2026-07-231290011002.6434
2026-07-241290011002.6435
2026-07-251290011002.6436
2026-07-261290011002.6437
2026-07-271290011002.6438
2026-07-281290011002.6439
2026-07-291290011002.6440
2026-07-301290011002.6441
2026-07-311290011002.6442
2026-08-011290011002.6443
2026-08-021290011002.6444
2026-08-031290011002.6445
2026-08-041290011002.6446
2026-08-053283310752.6416
2026-08-064296311812.5413
2026-08-074296311812.5414
2026-08-083298312082.503
2026-08-093298312082.504
2026-08-103298312082.505
2026-08-113298312082.506
2026-08-123298312082.507
2026-08-133298312082.508
2026-08-143298312082.509
2026-08-153298312082.5010
2026-08-163298312082.5011
2026-08-171335015002.2311
2026-08-181335015002.2312
2026-08-191335015002.2313
2026-08-201335015002.2314
2026-08-211335015002.2315
2026-08-221335015002.2316
2026-08-231335015002.2317
2026-08-241335015002.2318
2026-08-251335015002.2319
2026-08-261335015002.2320
2026-08-271335015002.2321
2026-08-281335015002.2322
2026-08-291335015002.2323
2026-08-301335015002.2324
2026-08-311335015002.2325

12-Month Market Dynamics & Trend Trajectory

5 Hamilton realized an average lease rent of $2,763 per month at $2.82 per square foot across four tracked transactions, positioning the building 22% above the Dundas submarket average lease rent of $2,251 while trading 19% below the submarket's $3.20 per square foot benchmark. The active listing at $3,350 for 1,500 square feet ($2.23 per square foot) is 792 square feet larger than the submarket implied average of 708 square feet, meaning the higher nominal asking is driven by expansive suite size rather than a per-square-foot premium. On pricing discipline, 50% of tracked leases closed below asking, with tenants securing an average $88 per month (3.1%) discount that equates to $1,056 in annual savings per unit. This tenant-favourable concession pattern, combined with the building's 58-day lifetime average DOM versus the submarket's 40-day benchmark, suggests landlords at 5 Hamilton are absorbing some pricing pressure to move inventory. The small sample of four leases limits statistical confidence, but the direction is clear: landlords are conceding on price to close deals in a submarket where asking rents cluster near $2,352.

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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
Max 2 selected
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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)
2026-05-101285010362.75105
2026-05-170N/AN/AN/AN/A
2026-05-24125007503.3364
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
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
2026-07-260N/AN/AN/AN/A
2026-08-021290011002.6450
2026-08-090N/AN/AN/AN/A
2026-08-161280011002.5512

Nearby Building Rental Comparables & Price Spreads

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

5 Hamilton at 5 Hamilton St N sits in a tight Dundas submarket pocket where three nearby competitors define the competitive set. View @ 30 Hamilton St. (30 Hamilton St S, 0.22 km away, completed 2020) recorded 3 closed leases over the trailing 180 days, while Trend Living – Phase 1 (450 Dundas St E, 1.87 km, completed 2022) logged 14 and Trend Living 2 (460 Dundas St E, 1.92 km, completed 2023) closed 18 lease transactions in the same window. 170 Rockhaven Lane (170 Rockhaven Ln, 0.57 km, completed 2015) registered zero closed leases over the past 180 days and functions solely as an architectural reference rather than an active pricing benchmark. The active peer group spans a three-year completion window from 2020 to 2023, placing 5 Hamilton's 2023 build squarely within the same structural generation as Trend Living 2 and one year behind View @ 30 Hamilton St. Across the three active comparables, the overall benchmark averages $2,205 per month in realized rent, $3.24 per square foot, and 686 square feet of interior space. 5 Hamilton's realized lease profile of $2,763 per month and 997 square feet positions it as a distinctly larger-footprint product trading at $2.82 per square foot—well below the comp average rate per square foot. The building's 74-suite scale and expansive suite sizing differentiate it from the compact 635-to-733-square-foot units dominating the nearby Trend Living and View @ 30 Hamilton St. inventory, offering renters a space-forward value proposition at a lower per-square-foot cost despite the higher nominal monthly figure.

30 Hamilton St S, Hamilton

Avg Asking$2,300/mo
Avg $/SF$3.17
Rent Spread:
-$1,050/mo (-31.3%) Lower

450 Dundas St E, Hamilton

Avg Asking$2,178/mo
Avg $/SF$3.34
Rent Spread:
-$1,172/mo (-35.0%) Lower

460 Dundas St E, Hamilton

Avg Asking$2,234/mo
Avg $/SF$3.27
Rent Spread:
-$1,116/mo (-33.3%) Lower

470 Dundas St E, Hamilton

Avg Asking$2,235/mo
Avg $/SF$3.45
Rent Spread:
-$1,115/mo (-33.3%) Lower

10 Mallard Tr, Hamilton

Avg Asking$2,180/mo
Avg $/SF$3.37
Rent Spread:
-$1,170/mo (-34.9%) Lower
The West4.1 km

1117 - 1119 Cooke Blvd, Burlington

Avg Asking$2,164/mo
Avg $/SF$3.87
Rent Spread:
-$1,186/mo (-35.4%) Lower

Comparable Analysis & Questions

How do rental rates at 5 Hamilton compare to neighbouring buildings within Dundas?

5 Hamilton's average realized lease rent of $2,763 per month exceeds the overall comp benchmark of $2,205 by $558, a gap driven primarily by its substantially larger suite footprint rather than a per-square-foot premium. View @ 30 Hamilton St. (30 Hamilton St S, 0.22 km) closed 3 leases at an average of $2,258 per month ($3.09 per square foot, 733 sq ft), meaning the subject commands a higher monthly rent of $505. Trend Living – Phase 1 (450 Dundas St E, 1.87 km) recorded 14 closed leases averaging $2,129 per month ($3.38 per square foot, 635 sq ft), a $634 monthly gap in the subject's favour. Trend Living 2 (460 Dundas St E, 1.92 km) closed 18 leases at $2,227 per month ($3.24 per square foot, 689 sq ft), with the subject realizing $536 more per month. 170 Rockhaven Lane (170 Rockhaven Ln, 0.57 km) recorded zero lease transactions over the trailing 180 days and therefore offers no realized rent benchmark for comparison.

Does 5 Hamilton offer a competitive price-per-square-foot ($/SF) against local comparables?

5 Hamilton trades at $2.82 per square foot on 997 square feet of average interior space, a rate that sits below every active nearby competitor's per-square-foot pricing while delivering 264 to 362 additional square feet per suite. Against View @ 30 Hamilton St., the subject offers a $0.27 per square foot discount (8.7% below the comp's $3.09 rate) and 264 more interior square feet, so the $505 higher monthly rent is entirely a function of the larger footprint rather than an asset-valuation premium. Versus Trend Living – Phase 1, the subject trades at a $0.56 per square foot discount (16.6% below $3.38) with 362 additional square feet, and against Trend Living 2 the discount widens to $0.42 per square foot (13.0% below $3.24) with 308 more square feet. In each case, the nominal rent differential is a space premium, not a rate premium—renters at 5 Hamilton pay more per month because they receive materially more living area at a lower cost per square foot.

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

5 Hamilton provides a focused four-amenity package—Party & Lounge Room, Meeting Room, Dining Room & Kitchen, and Garden & Courtyard—positioning it as a social-dining and remote-work oriented building that deliberately forgoes the fitness, rooftop, and concierge infrastructure standard at its nearby peers. View @ 30 Hamilton St. layers on a Gym & Fitness Centre, Rooftop Terrace, BBQ Area, Pet Wash Station, EV Charging, Concierge & Security, and a Library & Reading Room (11 amenities total), while both Trend Living phases add Gym & Fitness Centre, Rooftop Terrace, BBQ Area, Games & Billiards Room, and Concierge & Security to their amenity stacks. The subject's Garden & Courtyard is shared with View @ 30 Hamilton St. and Trend Living 2, but the absence of a fitness centre, rooftop outdoor space, and concierge desk means 5 Hamilton targets cost-conscious professionals and small households who prioritize interior square footage and a communal dining-and-meeting environment over resort-style recreational facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around 5 Hamilton.

Building Amenities

  • Party & Lounge Room
  • Meeting Room
  • Dining Room & Kitchen
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 5 Hamilton.

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.