Market Data as of August 31, 2026
Origin - Building 4 — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Origin - Building 4 at 620 Sauve Street in Milton is a 75-suite residential building completed in 2019 by Coletara Development. As of August 31, 2026, one unit is actively listed for rent, representing a 1.3 percent availability rate across the building's full inventory. Leasing activity has been modest but steady: one lease closed in the trailing 30 days with a four-day time on market, and two additional leases sealed over the past 90 days at an average of 23 days on market.
The single active listing asks $2,550 per month for an 850-square-foot two-bedroom suite, translating to $3.00 per square foot. That rate sits above the 90-day realized average of $2,910 per square foot—wait, correction: the 90-day realized rate averages $2.91 per square foot, meaning the current asking rate is roughly three percent higher on a per-square-foot basis despite the nominal monthly rent being only $75 above the 90-day average of $2,475. The active suite's 850-square-foot footprint is marginally more compact than the all-time lease average of 862 square feet. Against the broader Milton submarket asking benchmark of $3.57 per square foot, Origin - Building 4 trades at a 16 percent discount on rate, a gap explained in part by the building's larger-than-average suite sizes.
The active listing has sat on market for 29 days, exceeding the submarket average of 22 days and signaling mild leasing deceleration on this particular unit even though the building records zero delisted, terminated, or expired listings. Across all tracked closed transactions, tenants negotiated an average concession of $38 per month, or 1.51 percent below asking, with half of leases closing under the initial list price. Inventory depth is extremely thin: the sole available unit is a two-bedroom layout, leaving no multi-option selection for renters seeking one-bedroom or three-bedroom configurations at this address.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Origin - Building 4 as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Origin - Building 4 recently?
Origin - Building 4 carries one active listing as of August 31, 2026, asking $2,550 per month with both the minimum and maximum rent at that single figure. The available suite spans 850 square feet at an asking rate of $3.00 per square foot. This lone listing is a two-bedroom layout representing 100 percent of current active inventory, placing the building squarely in the multi-bedroom tier rather than the compact entry-level segment.
What floor plans and unit layouts are currently available at Origin - Building 4?
The sole active layout at Origin - Building 4 is a two-bedroom unit, accounting for 100 percent of available inventory with one listing on the market. That single suite asks $2,550 per month across 850 square feet, yielding a rate of $3.00 per square foot. No one-bedroom or three-bedroom units are currently listed, so renters at this address have only one bedroom tier to consider.
What is the average asking rent and $/SF by suite size at Origin - Building 4?
Origin - Building 4 presents a single active asking rent of $2,550 per month, meaning the minimum and maximum are identical and the dollar spread is zero. The median asking rent also lands at $2,550 per month. The entry-level and peak suite are the same unit: an 850-square-foot two-bedroom at $3.00 per square foot, so no internal price tiering exists within the current active inventory.
How much extra do parking spaces and dens cost at Origin - Building 4?
Den premium data for Origin - Building 4 cannot be quantified from the current active sample, as no paired den versus non-den listings exist to isolate a marginal cost per square foot. Parking stall premiums are similarly unquantifiable; the available paired data is flagged as unreliable due to insufficient or anomalous samples, so no specific monthly parking fee can be responsibly quoted for this building.
How do asking rents at Origin - Building 4 compare to local and municipal benchmarks?
Origin - Building 4's active asking rate of $3.00 per square foot sits 16 percent below the Milton submarket asking benchmark of $3.57 per square foot, even though the nominal monthly rent of $2,550 edges slightly above the submarket average asking rent of $2,483. That nominal premium is driven entirely by suite size: the active unit's 850 square feet exceeds the submarket implied average of 696 square feet by 154 square feet, so renters are paying for materially more space rather than a rate premium. The building's one active listing represents 1 out of 44 available listings in the Milton submarket, or roughly 2.3 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 Origin - Building 4 (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Origin - Building 4 last month, and how fast did they rent?
Origin - Building 4 at 620 Sauve St in Milton closed one lease in the trailing 30 days with a 4-day DOM, compared to a 23-day average DOM over the prior 90 days and a 25-day lifetime average. The submarket benchmark sits at 22 days on market, so the building's recent 4-day close is well ahead of the local pace. Over the full tracked window, four leases closed in total: one in the last 30 days, two in the last 90 days, and all four within the past year. Leasing cadence accelerated sharply in August 2026 after a slower spring-summer stretch, though the small sample size means this is a directional indicator rather than a broad statistical benchmark.
What is the negotiation spread between asking rents and closed lease prices at Origin - Building 4?
Origin - Building 4 at 620 Sauve St closed leases at an average discount of $38 per month (1.51% below asking), translating to $456 in annual tenant savings per unit. Fifty percent of tracked leases—two of four—settled under the listed asking price, confirming measurable tenant leverage in negotiations. The remaining two leases closed at or near asking, so the concession pattern is moderate rather than aggressive. This is a small sample of four transactions, so treat the discount as a directional signal of landlord willingness to move on price rather than a firm market-wide benchmark.
What are typical executed lease prices across different layouts at Origin - Building 4?
Origin - Building 4 at 620 Sauve St leased exclusively two-bedroom suites, with all four tracked leases averaging $2,463 per month and a 25-day average DOM. The median rent was $2,450, with the interquartile range spanning $2,400 to $2,512. Average suite size came in at 862 square feet, producing a realized rate of $2.86 per square foot. Because this is a small sample of four closed leases, the figures serve as a directional reference only and should not be read as a broad statistical benchmark for the Milton two-bedroom segment.
What measurable rent premium did suites with parking achieve in closed leases at Origin - Building 4?
Origin - Building 4 at 620 Sauve St does not have a reliably isolable leased parking premium, as paired lease-and-parking data is insufficient to calculate a verified monthly figure. Active listings also show an unreliable or outlier parking status, so no defensible parking add-on can be quoted. Tenants should confirm whether parking is bundled into the base rent or available as a separate assignment during the showing process, as the platform cannot verify a standalone parking rate for this building.
How does the lease-to-listing ratio at Origin - Building 4 reflect current tenant demand?
Origin - Building 4 at 620 Sauve St shows a modest upward rent trajectory from spring into late summer 2026, with the August close at $2,550 per month representing the highest realized rate in the tracked window. In May, two leases closed at an average of $2,450 per month ($2.80 per square foot) with a 27-day DOM. June saw one lease at $2,400 per month ($2.82 per square foot) and a 41-day DOM; the nominal dip in rent alongside a marginal uptick in the per-square-foot rate reflects a slightly more compact suite footprint rather than any devaluation of the building. August closed one lease at $2,550 per month ($3.00 per square foot) in just 4 days, marking both the peak rate and the fastest absorption in the series.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 3 | 2483 | 866 | 2.87 | 13 |
| 2026-04-28 | 3 | 2483 | 866 | 2.87 | 14 |
| 2026-04-29 | 3 | 2483 | 866 | 2.87 | 15 |
| 2026-04-30 | 3 | 2483 | 866 | 2.87 | 16 |
| 2026-05-01 | 3 | 2483 | 866 | 2.87 | 17 |
| 2026-05-02 | 3 | 2483 | 866 | 2.87 | 18 |
| 2026-05-03 | 3 | 2483 | 866 | 2.87 | 19 |
| 2026-05-04 | 3 | 2483 | 866 | 2.87 | 20 |
| 2026-05-05 | 2 | 2475 | 850 | 2.91 | 23 |
| 2026-05-06 | 1 | 2500 | 850 | 2.94 | 12 |
| 2026-05-07 | 1 | 2500 | 850 | 2.94 | 13 |
| 2026-05-08 | 1 | 2500 | 850 | 2.94 | 14 |
| 2026-05-09 | 1 | 2500 | 850 | 2.94 | 15 |
| 2026-05-10 | 1 | 2500 | 850 | 2.94 | 16 |
| 2026-05-11 | 1 | 2500 | 850 | 2.94 | 17 |
| 2026-05-12 | 1 | 2500 | 850 | 2.94 | 18 |
| 2026-05-13 | 1 | 2500 | 850 | 2.94 | 19 |
| 2026-05-14 | 1 | 2500 | 850 | 2.94 | 20 |
| 2026-05-15 | 1 | 2500 | 850 | 2.94 | 21 |
| 2026-05-16 | 1 | 2500 | 850 | 2.94 | 22 |
| 2026-05-17 | 1 | 2500 | 850 | 2.94 | 23 |
| 2026-05-18 | 1 | 2500 | 850 | 2.94 | 24 |
| 2026-05-19 | 1 | 2500 | 850 | 2.94 | 25 |
| 2026-05-20 | 1 | 2500 | 850 | 2.94 | 26 |
| 2026-05-21 | 1 | 2500 | 850 | 2.94 | 27 |
| 2026-05-22 | 1 | 2500 | 850 | 2.94 | 28 |
| 2026-05-23 | 1 | 2500 | 850 | 2.94 | 29 |
| 2026-05-24 | 1 | 2500 | 850 | 2.94 | 30 |
| 2026-05-25 | 1 | 2500 | 850 | 2.94 | 31 |
| 2026-05-26 | 1 | 2500 | 850 | 2.94 | 32 |
| 2026-05-27 | 1 | 2500 | 850 | 2.94 | 33 |
| 2026-05-28 | 1 | 2500 | 850 | 2.94 | 34 |
| 2026-05-29 | 1 | 2500 | 850 | 2.94 | 35 |
| 2026-05-30 | 1 | 2500 | 850 | 2.94 | 36 |
| 2026-05-31 | 1 | 2500 | 850 | 2.94 | 37 |
| 2026-06-01 | 1 | 2500 | 850 | 2.94 | 38 |
| 2026-06-02 | 1 | 2500 | 850 | 2.94 | 39 |
| 2026-06-03 | 1 | 2500 | 850 | 2.94 | 40 |
| 2026-08-02 | 2 | 2550 | 850 | 3.00 | N/A |
| 2026-08-03 | 2 | 2550 | 850 | 3.00 | 1 |
| 2026-08-04 | 2 | 2550 | 850 | 3.00 | 2 |
| 2026-08-05 | 2 | 2550 | 850 | 3.00 | 3 |
| 2026-08-06 | 1 | 2550 | 850 | 3.00 | 4 |
| 2026-08-07 | 1 | 2550 | 850 | 3.00 | 5 |
| 2026-08-08 | 1 | 2550 | 850 | 3.00 | 6 |
| 2026-08-09 | 1 | 2550 | 850 | 3.00 | 7 |
| 2026-08-10 | 1 | 2550 | 850 | 3.00 | 8 |
| 2026-08-11 | 1 | 2550 | 850 | 3.00 | 9 |
| 2026-08-12 | 1 | 2550 | 850 | 3.00 | 10 |
| 2026-08-13 | 1 | 2550 | 850 | 3.00 | 11 |
| 2026-08-14 | 1 | 2550 | 850 | 3.00 | 12 |
| 2026-08-15 | 1 | 2550 | 850 | 3.00 | 13 |
| 2026-08-16 | 1 | 2550 | 850 | 3.00 | 14 |
| 2026-08-17 | 1 | 2550 | 850 | 3.00 | 15 |
| 2026-08-18 | 1 | 2550 | 850 | 3.00 | 16 |
| 2026-08-19 | 1 | 2550 | 850 | 3.00 | 17 |
| 2026-08-20 | 1 | 2550 | 850 | 3.00 | 18 |
| 2026-08-21 | 1 | 2550 | 850 | 3.00 | 19 |
| 2026-08-22 | 1 | 2550 | 850 | 3.00 | 20 |
| 2026-08-23 | 1 | 2550 | 850 | 3.00 | 21 |
| 2026-08-24 | 1 | 2550 | 850 | 3.00 | 22 |
| 2026-08-25 | 1 | 2550 | 850 | 3.00 | 23 |
| 2026-08-26 | 1 | 2550 | 850 | 3.00 | 24 |
| 2026-08-27 | 1 | 2550 | 850 | 3.00 | 25 |
| 2026-08-28 | 1 | 2550 | 850 | 3.00 | 26 |
| 2026-08-29 | 1 | 2550 | 850 | 3.00 | 27 |
| 2026-08-30 | 1 | 2550 | 850 | 3.00 | 28 |
| 2026-08-31 | 1 | 2550 | 850 | 3.00 | 29 |
12-Month Market Dynamics & Trend Trajectory
Origin - Building 4 at 620 Sauve St realized an average lease rent of $2,463 per month and a rate of $2.86 per square foot across four tracked leases, placing the building $89 per month above the Milton submarket average of $2,374 but 11.8% below the submarket's $3.30 per-square-foot benchmark. The active listing at $2,550 per month and $3.00 per square foot sits in an 850-square-foot suite, which is 154 square feet larger than the submarket implied average of 696 square feet, meaning the higher nominal rent is driven by expansive suite size rather than a density premium. On pricing discipline, 50% of tracked leases closed below asking, with tenants negotiating an average $38 per month (1.51%) concession that equates to $456 in annual savings per unit. The remaining half settled at or near the listed price, indicating landlords at Origin - Building 4 are willing to move on rate but not by wide margins. This tenant-favorable discount pattern, combined with a 25-day average DOM that runs only three days above the submarket's 22-day benchmark, points to a balanced negotiation environment where neither side holds dominant leverage.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 2 | 2450 | 875 | 2.80 | 27 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 1 | 2400 | 850 | 2.82 | 41 |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 1 | 2550 | 850 | 3.00 | 4 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Origin – Building 4 at 620 Sauve St sits within a tight cluster of same-developer buildings on Sauve Street in Milton, with three Origin siblings and one Viva 2 property all recording closed lease transactions over the trailing 180 days. Origin – Building 1 (650 Sauve St, 0.08 km, completed 2017) logged 2 closed leases; Origin – Building 2 (640 Sauve St, 0.09 km, completed 2017) recorded 5 closed leases; Origin – Building 3 (630 Sauve St, 0.13 km, completed 2018) closed 2 leases; and Viva 2 – Building 1 (1360 Costigan Rd, 0.5 km, completed 2017) also closed 2 leases. All four comparables are active pricing benchmarks with realized transaction data, spanning a two-year completion window from 2017 to 2018, while the subject building was completed in 2019, making it the newest structure in this immediate pocket. The four-comparable set averages $2,448 per month in realized rent, $3.13 per square foot, and 797 square feet of interior space. Origin – Building 4's all-time leased average of $2,463 per month and 862 square feet places it modestly above the comp set on both total rent and suite size, yet its $2.86 per square foot rate sits below the comp average of $3.13 per square foot. The subject's 75-suite scale and 2019 completion give it a marginal age advantage over the 2017–2018 cohort, while its larger-than-benchmark footprint means the nominal rent premium over the comp average is driven primarily by square-footage expansion rather than a rate-per-foot uplift.
Comparable Analysis & Questions
How do rental rates at Origin - Building 4 compare to neighbouring buildings within Milton?
Origin – Building 4's all-time average realized rent of $2,463 per month sits $15 above the four-comparable benchmark of $2,448, with the closest active peer being Origin – Building 3 at 630 Sauve St (0.13 km, 2 closed leases, $2,463 average rent, $2.90 per square foot, 850 sq ft), which matches the subject's rent exactly. Origin – Building 1 at 650 Sauve St (0.08 km, 2 closed leases) realized $2,350 per month at $2.85 per square foot across 825 sq ft, meaning the subject commands $113 more per month. Origin – Building 2 at 640 Sauve St (0.09 km, 5 closed leases) posted the highest comp rent at $2,680 per month ($3.91 per square foot, 670 sq ft), placing the subject $217 below that figure. Viva 2 – Building 1 at 1360 Costigan Rd (0.5 km, 2 closed leases) averaged $2,300 per month ($2.85 per square foot, 843 sq ft), so the subject trades $163 higher than that property.
Does Origin - Building 4 offer a competitive price-per-square-foot ($/SF) against local comparables?
Origin – Building 4 leases at $2.86 per square foot across an average 862-square-foot suite, a rate below the comp-set average of $3.13 per square foot but well above the submarket leased benchmark of $3.30 per square foot in reverse—the subject actually trades at a discount to the submarket asking rate of $3.57 per square foot. Against Origin – Building 1, the subject commands a $0.01 per square foot (0.4%) premium while providing 37 more interior square feet, so the $113 monthly rent advantage reflects both a marginally higher rate and a larger footprint. Origin – Building 2 presents the sharpest trade-off: the subject trades at a $1.05 per square foot (26.9%) discount below that building's $3.91 rate, yet delivers 192 more square feet of interior space, resulting in a $217 lower monthly rent that is driven by the substantially lower per-foot pricing rather than a smaller suite. Origin – Building 3 shows near-parity, with the subject at a $0.04 per square foot (1.4%) discount and 12 additional square feet, producing identical nominal rents. Viva 2 – Building 1 mirrors the Building 1 dynamic: a $0.01 per square foot premium and 19 extra square feet push the subject $163 above that competitor's realized rent.
How do building age, amenities, and developer reputation impact rent spreads?
Origin – Building 4 offers an eight-feature lifestyle package including a BBQ Area and Garden & Courtyard that no nearby competitor in this set provides, positioning it as the most outdoor-oriented option on Sauve Street. Origin – Building 1 and Origin – Building 3 each include a Meeting Room or Business Centre for remote-work tenants—facilities the subject does not carry—while Origin – Building 2 omits the Shared Laundry Room entirely. Viva 2 – Building 1, at 0.5 km, is the most stripped-down peer, offering only a BBQ Area, Party & Lounge Room, Meeting Room, and Gym & Fitness Centre, with no concierge service, dining room, rooftop terrace, or courtyard. The subject's combination of concierge security, rooftop terrace, dining room and kitchen, gym, party lounge, shared laundry, BBQ area, and garden courtyard targets cost-conscious young professionals and small households in Milton who want a full-service residential experience with outdoor living space but do not require dedicated meeting or business-centre facilities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Origin - Building 4.
Building Amenities
- Concierge & Security
- Shared Laundry Room
- Gym & Fitness Centre
- Party & Lounge Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
Residential Buildings in the Vicinity
- Origin - Building 184 m
- Origin - Building 291 m
- Origin - Building 3128 m
- Viva 2 - Building 1500 m
- Viva 2 - Building 2504 m
- Parkside Residences - The Fairmont566 m
- Ambassador Condominiums - Building 2646 m
- Ambassador Condominiums - Building 3716 m
- Bristol on Main - Building IV1.8 km
- Bristol on Main - Building V1.8 km
- Courtyards on Main - Building 41.8 km
- Bristol on Main - Building VI1.8 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Origin - Building 4.
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.
