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Market Data as of August 31, 2026

Connectt 1 — Rental Market Data

8010 Derry Rd, Milton, Ontario L9T 9N3
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites168
DeveloperLindvest Properties Limited

Connectt 1 at 8010 Derry Road in Milton is a 168-suite residential building completed in 2024 by Lindvest Properties Limited. As of August 31, 2026, a single unit is actively listed for rent, representing a 0.6 percent availability rate across the tower. Leasing activity remains steady: three leases closed in the past 30 days at an average of $2,342 per month with a 15-day average time on market, while six leases signed over the trailing 90 days averaged $2,421 per month and took 24 days to close.

The lone active listing asks $2,600 per month for 850 square feet, equating to $3.06 per square foot. That rate sits below the 90-day realized lease average of $3.10 per square foot, yet the nominal asking rent is roughly $179 above the 90-day lease average of $2,421 because the current suite is larger than the 786-square-foot average of historically leased units. Against the Milton submarket asking benchmark of $3.57 per square foot, Connectt 1's active rate is 14.3 percent more competitive on a per-square-foot basis.

Marketing friction at Connectt 1 is modest but present. The two delisted units averaged 24 days on market, nine days longer than the 15-day average for successfully leased units in the same 30-day window, and asked an average of $258 per month above realized lease prices, indicating mild overpricing on those specific listings. On the negotiation side, tenants captured an average discount of $25 per month, or 1.02 percent below asking, with 45.5 percent of leases closing under the initial ask. Active inventory is limited to a single two-bedroom unit, meaning renters face no layout alternatives within the building at this time.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Connectt 1 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-3 (75.0%)
Avg Asking Rent$2,600
+$75 (3.0%)
Avg Suite Size850 sf
+75 sf (9.7%)
Avg Days on Market45d
+28d (164.7%)
Avg Asking $/SF$3.06
-$0.22 (6.7%)

Active Market Insights & Questions

How has rental availability changed at Connectt 1 recently?

Connectt 1 holds one active listing as of August 31, 2026, with an asking rent of $2,600 per month serving as both the average and median. The available suite spans 850 square feet at $3.06 per square foot. The entire active inventory consists of a single two-bedroom layout, placing all current availability in the mid-range family segment rather than compact entry-level or multi-bedroom executive tiers.

What floor plans and unit layouts are currently available at Connectt 1?

The sole active layout at Connectt 1 is a two-bedroom unit, accounting for 100 percent of available inventory. That single listing asks $2,600 per month for 850 square feet, or $3.06 per square foot. No studio, one-bedroom, or three-bedroom units are currently on the market, so renters seeking alternative bedroom counts must look to other Milton buildings.

What is the average asking rent and $/SF by suite size at Connectt 1?

Connectt 1's active availability is concentrated in a single price point of $2,600 per month, producing a zero-dollar and zero-percent spread. The entry-level and peak suite are the same two-bedroom unit at 850 square feet and $3.06 per square foot. With only one listing on the market, there is no internal price gradient for renters to navigate within this building.

How much extra do parking spaces and dens cost at Connectt 1?

Connectt 1's active den premium and square-footage delta cannot be quantified from current listings, as the single available unit is a standard two-bedroom without a den component. Parking stall premiums also cannot be reliably isolated from the current sample, and no verified historical parking benchmark exists in the lease data. Renters should request a direct quote from the leasing office for both parking and any den-configuration options before signing.

How do asking rents at Connectt 1 compare to local and municipal benchmarks?

Connectt 1's active asking rent of $2,600 per month exceeds the Milton submarket average of $2,483, yet the building's $3.06 per square foot rate is 14.3 percent below the submarket asking benchmark of $3.57 per square foot. The higher nominal outlay is driven entirely by the larger 850-square-foot suite footprint rather than a premium per-unit pricing strategy. Connectt 1's single listing represents just one of 44 active units across the Milton submarket, or approximately 2.3 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 Connectt 1 (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$2,342
Avg Leased Size786 sf
Avg Days to Lease15d
Leased $/SF$3.30

Leased Transaction Insights & Questions

How many suites were leased at Connectt 1 last month, and how fast did they rent?

Connectt 1 at 8010 Derry Rd in Milton closed leases in 15 days on average over the trailing 30 days, well ahead of the Milton submarket benchmark of 22 days. Over the prior 90 days, average DOM stretched to 24 days with six closed leases, and the lifetime average sits at 37 days across all 11 transactions. Leasing velocity clearly accelerated through the summer: three deals closed in August versus three in July and three in May, while April saw only two closings at a much slower 68-day average DOM.

What is the negotiation spread between asking rents and closed lease prices at Connectt 1?

Connectt 1 tenants negotiated an average discount of $25 per month (1.02% below asking), translating to $300 in annual savings per unit. Forty-five and a half percent of all closed leases settled under the listed asking price, confirming measurable tenant leverage in this Milton submarket. The landlord concession, while modest in dollar terms, signals that asking prices at Connectt 1 carry a small buffer that prospective tenants routinely negotiate away.

What are typical executed lease prices across different layouts at Connectt 1?

The two highest-volume anchor layouts at Connectt 1 are the 2-Bedroom + Den at an average $2,675 per month (30-day DOM) and the 1-Bedroom + Den at $2,292 per month (48-day DOM). The 1-Bedroom tier closed two leases at an average $1,975 per month, median $1,975, P25–P75 range of $1,962 to $1,988, averaging 550 square feet at $3.59 per square foot with a 59-day DOM. This is a limited sample of two closed leases and should be treated as a directional indicator only. The 2-Bedroom tier also closed two leases at a flat $2,500 per month, averaging 790 square feet at $3.19 per square foot with a 15-day DOM. Again, this is a small sample of two transactions and not a broad statistical benchmark. The 2-Bedroom + Den tier represents four closed leases at an average $2,675 per month, median $2,700, P25–P75 of $2,675 to $2,700, averaging 971 square feet at $2.81 per square foot with a 30-day DOM. The 1-Bedroom + Den tier closed three leases at an average $2,292 per month, median $2,300, P25–P75 of $2,275 to $2,312, averaging 695 square feet at $3.31 per square foot with a 48-day DOM. Both remain small-sample directional references.

What measurable rent premium did suites with parking achieve in closed leases at Connectt 1?

Connectt 1 does not have sufficient paired lease data to isolate a reliable parking premium, and the single active listing's parking figure is flagged as an unreliable outlier. Parking pricing at this building remains inconclusive based on current transaction volume. Prospective tenants should request itemized parking costs directly from the leasing office rather than relying on market averages for this property.

How does the lease-to-listing ratio at Connectt 1 reflect current tenant demand?

Connectt 1 rents trended upward from spring into early summer before moderating in August, with average monthly rent moving from $2,225 in April to a peak of $2,517 in May. April closed two deals at an average $2,225 per month, $3.49 per square foot, and a 68-day DOM. May saw three closings at $2,517 per month, $3.06 per square foot, and a 45-day DOM. July recorded three deals at $2,500 per month, $2.89 per square foot, and a 32-day DOM. August closed three leases at $2,342 per month, $3.30 per square foot, and a 15-day DOM, marking the fastest absorption of the tracked period.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Connectt 1 (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$2,600
Avg Suite Size750 sf
Avg Days on Market24d
Delisted $/SF$3.49

De-Listed Market Analysis & Questions

How many listings de-listed at Connectt 1, and what was their re-listing price compared to previous asking?

Connectt 1 logged two delisted units in the trailing period, both terminated, with zero expirations and zero suspensions. That represents a delisted-to-leased ratio of 66.7%, meaning two listings were pulled for every three leases closed in the same 30-day window. While the absolute count is low, the ratio signals that a meaningful share of Connectt 1's active inventory failed to convert into signed leases during the summer window.

How do asking prices on de-listed suites compare to executed leases and active listings at Connectt 1?

Connectt 1's two delisted units asked an average of $2,600 per month, which is $258 per month (11%) above the realized lease average of $2,342 per month. The delisted listings also carried a rate of $3.49 per square foot versus the 30-day leased average of $3.30 per square foot, confirming direct overpricing rather than a footprint-driven nominal gap. Unrented units at Connectt 1 were priced above what the market would bear, and prospective tenants pushed back on that premium.

What market friction causes rental listings to stall or de-list at Connectt 1?

Connectt 1 delisted units sat on the market for an average of 24 days, compared to a 15-day realized lease DOM over the trailing 30 days. That nine-day excess in marketing time translates to roughly $780 in lost rent at the $2,600 asking rate, plus ongoing condo maintenance fees during the vacancy carry period. The friction is modest in absolute terms but meaningful relative to the building's otherwise quick 15-day absorption pace.

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)
2026-04-27523507223.3142
2026-04-28523507223.3143
2026-04-29523507223.3144
2026-04-30424507653.2528
2026-05-01424507653.2529
2026-05-02424507653.2530
2026-05-03424507653.2531
2026-05-04424507653.2532
2026-05-05424507653.2533
2026-05-06424507653.2534
2026-05-07325007923.2220
2026-05-08224007383.3318
2026-05-09224007383.3319
2026-05-10224007383.3320
2026-05-11224007383.3321
2026-05-12224007383.3322
2026-05-13323677083.4015
2026-05-14323677083.4016
2026-05-15323677083.4017
2026-05-16323677083.4018
2026-05-17323677083.4019
2026-05-18323677083.4020
2026-05-19323677083.4021
2026-05-20222006133.6019
2026-05-21222006133.6020
2026-05-22222006133.6021
2026-05-23222006133.6022
2026-05-24222006133.6023
2026-05-25222006133.6024
2026-05-26222006133.6025
2026-05-27222006133.6026
2026-05-28222006133.6027
2026-05-29222006133.6028
2026-05-30222006133.6029
2026-05-31222006133.6030
2026-06-01222006133.6031
2026-06-02222006133.6032
2026-06-03222006133.6033
2026-06-04222006133.6034
2026-06-05222006133.6035
2026-06-06222006133.6036
2026-06-07222006133.6037
2026-06-08222006133.6038
2026-06-09222006133.6039
2026-06-10222006133.6040
2026-06-11222006133.6041
2026-06-12222006133.6042
2026-06-13222006133.6043
2026-06-14323678193.1329
2026-06-15323678193.1330
2026-06-16323678193.1331
2026-06-17323678193.1332
2026-06-18323678193.1333
2026-06-19323678193.1334
2026-06-20323678193.1335
2026-06-21323678193.1336
2026-06-22323678193.1337
2026-06-23323678193.1338
2026-06-24323678193.1339
2026-06-25323678193.1340
2026-06-26423757773.2731
2026-06-27423757773.2732
2026-06-28423757773.2733
2026-06-29423757773.2734
2026-06-30423757773.2735
2026-07-01423757773.2736
2026-07-02423757773.2737
2026-07-03423757773.2738
2026-07-04423757773.2739
2026-07-05423757773.2740
2026-07-06324008193.1836
2026-07-07324008193.1837
2026-07-08324008193.1838
2026-07-09324008193.1839
2026-07-10324008193.1840
2026-07-11324008193.1841
2026-07-12324008193.1842
2026-07-13324008193.1843
2026-07-14424888273.1933
2026-07-15424888273.1934
2026-07-16424888273.1935
2026-07-17525108323.1729
2026-07-18525108323.1730
2026-07-19424637313.4130
2026-07-20325837833.3311
2026-07-21325837833.3312
2026-07-22425638003.2310
2026-07-23425638003.2311
2026-07-24425638003.2312
2026-07-25425638003.2313
2026-07-26425638003.2314
2026-07-27425638003.2315
2026-07-28425638003.2316
2026-07-29425257753.2815
2026-07-30425257753.2816
2026-07-31425257753.2817
2026-08-01425257753.2818
2026-08-02425257753.2819
2026-08-03425257753.2820
2026-08-04425257753.2821
2026-08-05425257753.2822
2026-08-06325678173.1417
2026-08-07325678173.1418
2026-08-08325678173.1419
2026-08-09325678173.1420
2026-08-10224758003.1018
2026-08-11224758003.1019
2026-08-12126008503.0626
2026-08-13126008503.0627
2026-08-14126008503.0628
2026-08-15126008503.0629
2026-08-16126008503.0630
2026-08-17126008503.0631
2026-08-18126008503.0632
2026-08-19126008503.0633
2026-08-20223257003.3917
2026-08-21324837503.3612
2026-08-22324837503.3613
2026-08-23324837503.3614
2026-08-24324837503.3615
2026-08-25227008503.1822
2026-08-26227008503.1823
2026-08-27126008503.0641
2026-08-28126008503.0642
2026-08-29126008503.0643
2026-08-30126008503.0644
2026-08-31126008503.0645

12-Month Market Dynamics & Trend Trajectory

Connectt 1 has closed 11 leases since its October 2024 registration, averaging $2,411 per month at $3.16 per square foot across suites that average 786 square feet. Lifetime average DOM stands at 37 days, with turnover concentrated in the spring-to-summer 2026 window where eight of the eleven deals closed. The building sits in a Milton submarket where the average lease rent is $2,374 per month and the average DOM is 22 days, placing Connectt 1's realized pricing slightly above the local norm while its recent absorption pace runs faster. On pricing discipline, 45.5% of Connectt 1 leases closed below asking, with tenants capturing an average $25 per month (1.02%) discount that amounts to $300 in annual savings per unit. The net negotiation spread of negative $25 per month confirms a tenant-favorable dynamic: landlords at this property are conceding a small but consistent buffer rather than holding firm at listed rates. No leases closed at a premium, and the absence of above-asking transactions underscores that Connectt 1's asking prices carry a negotiable margin.

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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
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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)
2026-05-03224257933.0853
2026-05-100N/AN/AN/AN/A
2026-05-17127009003.0029
2026-05-240N/AN/AN/AN/A
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
2026-07-05123006503.5454
2026-07-120N/AN/AN/AN/A
2026-07-191270012332.1935
2026-07-26125008502.947
2026-08-020N/AN/AN/AN/A
2026-08-09225138003.1421
2026-08-160N/AN/AN/AN/A
2026-08-23120005503.645

Nearby Building Rental Comparables & Price Spreads

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

Connectt 1 at 8010 Derry Rd in Milton sits in a tight competitive cluster of four nearby buildings, with the closest rival being Connectt Condominiums at 8020 Derry Road W, just 0.02 km away and also completed in 2024. That immediate neighbour recorded 20 closed lease transactions over the trailing 180 days, while 6Ten Condos at 610 Farmstead Dr (0.99 km, built in 2020) logged five closed leases and Creekside Condos at 6415 Regional Rd 25 (1.45 km, slated for 2026 completion) also closed five leases in the same window. Centennial Forest Heights at 443 Centennial Forest Dr, a 2006-era property 0.7 km away, registered zero closed leases in the period, underscoring how the submarket's leasing activity has shifted decisively toward the 2020-and-newer generation of buildings. Across the four comparables, the average closed-lease rent lands at $2,352 per month, the average rate per square foot is $3.06, and the average suite size is 782 square feet. Connectt 1's realized lease metrics—$2,411 per month, $3.16 per square foot, and 786 square feet of average interior space—place it modestly above the comp set on both rent and rate while matching the group on footprint. The building's 2024 completion gives it a structural and systems advantage over the 2006-era Centennial Forest Heights, and its amenity depth distinguishes it from the 2020-built 6Ten Condos, which trades at a lower per-square-foot rate but offers fewer lifestyle features.

8020 Derry Road W, Milton

Avg Asking$2,225/mo
Avg $/SF$3.25
Rent Spread:
-$375/mo (-14.4%) Lower

610 Farmstead Dr, Milton

Avg Asking$2,407/mo
Avg $/SF$2.94
Rent Spread:
-$193/mo (-7.4%) Lower

6415 Regional Rd 25, Milton

Avg Asking$2,365/mo
Avg $/SF$3.16
Rent Spread:
-$235/mo (-9.0%) Lower

1005 Nadalin Hts, Milton

Avg Asking$2,367/mo
Avg $/SF$2.89
Rent Spread:
-$233/mo (-9.0%) Lower

1045 Nadalin Hts, Milton

Avg Asking$2,417/mo
Avg $/SF$3.10
Rent Spread:
-$183/mo (-7.1%) Lower

830 Megson Terr, Milton

Avg Asking$2,983/mo
Avg $/SF$6.05
Rent Spread:
+$383/mo (+14.7%) Higher

Comparable Analysis & Questions

How do rental rates at Connectt 1 compare to neighbouring buildings within Milton?

Connectt 1's average closed-lease rent of $2,411 per month runs $59 above the four-comparable average of $2,352, positioning it at the upper end of this Milton micro-market. Connectt Condominiums at 8020 Derry Road W (0.02 km) closed leases averaging $2,261 per month at $3.16 per square foot across 730-square-foot suites, representing a $150 monthly discount to the subject. 6Ten Condos at 610 Farmstead Dr (0.99 km) recorded an average lease of $2,430 per month at $2.86 per square foot over 861 square feet, actually edging the subject by $19 despite offering 75 more square feet per suite. Creekside Condos at 6415 Regional Rd 25 (1.45 km) closed at $2,365 per month, $3.16 per square foot, and 754 square feet on average, sitting $46 below the subject's realized rent.

Does Connectt 1 offer a competitive price-per-square-foot ($/SF) against local comparables?

Connectt 1 leases at $3.16 per square foot for an average 786-square-foot suite, a rate that sits at parity with Connectt Condominiums ($3.16/SF, 730 sq ft) and Creekside Condos ($3.16/SF, 754 sq ft) while commanding a $0.30 per square foot premium—roughly 10.5 percent—over 6Ten Condos at $2.86 per square foot. Against 6Ten Condos, the subject provides 75 fewer square feet of interior space, so renters trading up to that building gain roughly 861 square feet for a lower per-foot rate but lose access to the subject's concierge, outdoor pool, and yoga studio. Versus Connectt Condominiums and Creekside Condos, the subject offers 56 and 32 additional square feet respectively at the same per-square-foot price, delivering more usable living area without a rate penalty. Centennial Forest Heights, with no recent closed-lease data, cannot be benchmarked on rate or size but represents the older-generation alternative in the cluster.

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

Connectt 1's amenity package—spanning a concierge and security desk, dedicated business centre, outdoor pool, yoga studio, meeting room, rooftop terrace, children's outdoor playground, and pet wash station—outpaces the lifestyle offerings at its closest competitors. Where 6Ten Condos at 610 Farmstead Dr provides a dog run and car wash bay but no concierge, no outdoor pool, no yoga studio, and no children's playground, the subject delivers all four of those features plus a full business centre and meeting room. Connectt Condominiums at 8020 Derry Road W matches the subject on most amenities but lacks a dedicated meeting room and games/billiards room, offering instead a media and theatre room and splash pad. Creekside Condos at 6415 Regional Rd 25, still in its pre-occupancy phase, lists no confirmed amenity set, leaving the subject as the most fully equipped option within 1.5 kilometres. This combination of wellness programming, family-oriented outdoor space, and professional work infrastructure best serves young professional couples and small families in Milton who want resort-style amenities without sacrificing a dedicated workspace or pet-friendly services.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Connectt 1.

Building Amenities

  • Concierge & Security
  • Business Centre
  • Party & Lounge Room
  • Meeting Room
  • Gym & Fitness Centre
  • Yoga Studio
  • Outdoor Pool
  • Games & Billiards Room
  • Rooftop Terrace
  • Garden & Courtyard
  • Children's Playground - Outdoor
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Connectt 1.

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.