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Market Data as of August 31, 2026

Connectt Condominiums — Rental Market Data

8020 Derry Road W, Milton, Ontario L9T 3L3
Quick Rent Estimate
Active Suites2 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,150
2-Bedroom
1
$2,450

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites262
DeveloperLindvest

Connectt Condominiums at 8020 Derry Road W in Milton is a 262-suite residential building developed by Lindvest and completed in 2024. The property currently holds two active listings, representing a 0.8 percent availability rate across the full inventory. Leasing activity over the past 30 days produced two closed leases at an average of $2,300 per month with a 12-day average time on market, while the 90-day window recorded six leases averaging $2,365 per month and a 20-day average DOM.

Active asking rents at Connectt Condominiums average $2,300 per month at 3.29 per square foot across an average suite size of 700 square feet. Realized 90-day leases came in at $2,365 per month and 3.41 per square foot, meaning current listings are priced modestly below recent closed deals on a per-square-foot basis. The two active suites skew toward compact one-bedroom and two-bedroom layouts rather than the larger executive formats that dominate the submarket's asking inventory, which averages 3.57 per square foot.

Marketing friction at this property is minimal: zero units have been delisted, expired, or terminated, and the 30-day leasing pace shows a 12-day average DOM with no delisted DOM excess to interpret. Tenants hold measurable negotiation leverage, with 45 percent of recent leases closing under asking rent for an average concession of $49 per month. Active inventory depth is extremely thin—both the one-bedroom and two-bedroom tiers carry a single listing each, so renters face a binary choice rather than a range of comparable options within the building.

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Active Rental Inventory & Asking Rates

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

Active Units2
0
Avg Asking Rent$2,300
-$20 (0.9%)
Avg Suite Size700 sf
+50 sf (7.7%)
Avg Days on Market34d
+18d (112.5%)
Avg Asking $/SF$3.29
-$0.34 (9.3%)

Active Market Insights & Questions

How has rental availability changed at Connectt Condominiums recently?

Connectt Condominiums carries two active listings as of August 31, 2026, with asking rents spanning $2,150 to $2,450 per month, an average of $2,300, and a median of $2,300. The average suite measures 700 square feet at an asking rate of 3.29 per square foot. Inventory is split evenly between one-bedroom and two-bedroom layouts, with no three-bedroom or studio units currently on the market, placing the active mix squarely in the entry-level to mid-range segment rather than the multi-bedroom executive tier.

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

The dominant active layout at Connectt Condominiums is the one-bedroom, holding one listing and a 50 percent share of current inventory. The one-bedroom averages $2,150 per month across 650 square feet at 3.31 per square foot, while the two-bedroom tier also carries a single listing at $2,450 per month across 750 square feet at 3.27 per square foot. Both tiers represent individual transactions rather than a pooled sample, so pricing within each layout should be treated as a single data point.

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

Connectt Condominiums shows a $300 asking spread between its minimum entry rent of $2,150 and peak asking rent of $2,450, a 14 percent range across two active listings. The median asking rent sits at $2,300 per month, splitting the spread roughly in half. The entry-level suite is a 650-square-foot one-bedroom priced at 3.31 per square foot, while the peak offering is a 750-square-foot two-bedroom at 3.27 per square foot, meaning the larger layout actually carries a slightly lower per-square-foot rate.

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

Connectt Condominiums does not currently have a quantified den premium, as no active listings include a den configuration to establish a dollar delta or marginal cost per square foot. Active parking premiums cannot be reliably isolated from the current two-listing sample, and no verified parking fee should be inferred from this limited inventory. Historical lease data does confirm a $115 per month parking stall add-on, which serves as the building's established benchmark for tenants seeking a dedicated spot.

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

Connectt Condominiums asks an average of $2,300 per month at 3.29 per square foot, compared to the Milton submarket asking benchmark of $2,483 per month at 3.57 per square foot. The building's asking rate sits 7.8 percent below the submarket on a per-square-foot basis, reflecting genuinely more competitive unit pricing rather than a sizing artifact. With two active listings out of 44 total submarket inventory, Connectt Condominiums represents roughly 4.5 percent of Milton's current rental supply.

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 Condominiums (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,300
Avg Leased Size730 sf
Avg Days to Lease12d
Leased $/SF$3.38

Leased Transaction Insights & Questions

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

Connectt Condominiums at 8020 Derry Road W in Milton closed leases in 12 days on average over the trailing 30 days, compared to a 20-day average over 90 days and a lifetime average of 21 days, all tracking below the Milton submarket benchmark of 22 days. The building recorded two closed leases in the last 30 days, six over the past 90 days, and 20 over its full tracked history. Leasing turnover accelerated through spring and early summer before moderating into July and August, with the 30-day DOM compression to 12 days suggesting a tighter available inventory pool rather than a surge in demand.

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

Connectt Condominiums tenants negotiated an average discount of $49 per month (2.14% below asking), translating to $588 in annual savings per unit. Forty-five percent of all tracked leases closed under the listed asking price, confirming consistent tenant leverage at this building. The net negotiation spread of -$49 per month reflects a landlord concession pattern rather than pricing power, with the Milton submarket's 44 active listings providing enough alternative supply for prospective tenants to push back on initial asking rates.

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

The two highest-volume anchor layouts at Connectt Condominiums are the 1-Bedroom and 1-Bedroom + Den, each accounting for 30% of closed leases at an average of $2,073 and $2,071 per month respectively, with average DOMs of 26 and 21 days. The 1-Bedroom tier (6 leases, moderate sample) averaged $2,073 per month with a median of $2,075, a P25-P75 range of $1,975 to $2,168, an average suite size of 583 square feet at $3.59 per square foot, and a 26-day DOM. The 1-Bedroom + Den tier (6 leases, moderate sample) averaged $2,071 per month with a median of $2,050, a P25-P75 range of $2,000 to $2,138, an average suite size of 667 square feet at $3.12 per square foot, and a 21-day DOM. The 2-Bedroom tier (6 leases, moderate sample) averaged $2,508 per month with a median of $2,550, a P25-P75 range of $2,425 to $2,600, an average suite size of 900 square feet at $2.80 per square foot, and a 17-day DOM. The 2-Bedroom + Den tier (2 leases) is a limited sample size and serves as a directional indicator only, averaging $2,650 per month with a P25-P75 range of $2,625 to $2,675, an average suite size of 850 square feet at $3.12 per square foot, and a 22-day DOM.

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

Connectt Condominiums realized a verified parking premium of $115 per month on closed leases. Active listing data does not support a reliable parking premium figure due to insufficient paired samples, so the $115 verified lease-side value is the only defensible benchmark. The two active listings at this building (one 1-Bedroom at $2,150 and one 2-Bedroom at $2,450) do not carry isolated parking add-ons in their asking structures, suggesting parking may be bundled into base rent for larger suites or simply unavailable as a standalone option in the current inventory.

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

Connectt Condominiums rents trended upward from spring through late summer 2026, climbing from an April average of $2,204 to a July peak of $2,700 before settling at $2,300 in August. April closed six leases at an average of $2,204 per month, $3.05 per square foot, and a 26-day DOM. May saw eight leases close at an average of $2,225 per month, $3.06 per square foot, and a 19-day DOM. June recorded three leases at an average of $2,297 per month, $3.50 per square foot, and a 24-day DOM. July closed one lease at $2,700 per month, $3.18 per square foot, and a 24-day DOM. August closed two leases at an average of $2,300 per month, $3.38 per square foot, and a 12-day DOM.

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
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)
2026-04-271622086943.2618
2026-04-281421936793.3119
2026-04-291221676673.3418
2026-04-301321696653.3418
2026-05-011221336423.3920
2026-05-021121276413.3921
2026-05-031020806103.4523
2026-05-041020806103.4524
2026-05-051020806103.4525
2026-05-061020806103.4526
2026-05-07820876003.5125
2026-05-08820946133.4725
2026-05-09820946133.4726
2026-05-10820946133.4727
2026-05-11821006003.5525
2026-05-12721005793.6627
2026-05-13721005793.6628
2026-05-14721005793.6629
2026-05-15721005793.6630
2026-05-16620755503.7735
2026-05-17620755503.7736
2026-05-18620755503.7737
2026-05-19620755503.7738
2026-05-20620755503.7739
2026-05-21620755503.7740
2026-05-22620755503.7741
2026-05-23620755503.7742
2026-05-24620755503.7743
2026-05-25620755503.7744
2026-05-26620755503.7745
2026-05-27520505503.7343
2026-05-28520505503.7344
2026-05-29520385503.7142
2026-05-30520385503.7143
2026-05-31520385503.7144
2026-06-01420725503.7737
2026-06-02420725503.7738
2026-06-03420725503.7739
2026-06-04420725503.7740
2026-06-05420725503.7741
2026-06-06420725503.7742
2026-06-07420725503.7743
2026-06-08420725503.7744
2026-06-09420725503.7745
2026-06-10420725503.7746
2026-06-11420725503.7747
2026-06-12219505503.5563
2026-06-13219505503.5564
2026-06-14219505503.5565
2026-06-15219505503.5566
2026-06-16219505503.5567
2026-06-17219505503.5568
2026-06-18322006503.4246
2026-06-19322006503.4247
2026-06-20322006503.4248
2026-06-21423137253.2637
2026-06-22423137253.2638
2026-06-23324507833.2032
2026-06-24324507833.2033
2026-06-25324507833.2034
2026-06-26226759002.987
2026-06-27226759002.988
2026-06-28226759002.989
2026-06-29127008503.1811
2026-06-30225758003.226
2026-07-01225758003.227
2026-07-02225758003.228
2026-07-03225758003.229
2026-07-04225758003.2210
2026-07-05225758003.2211
2026-07-06225758003.2212
2026-07-07225758003.2213
2026-07-08225758003.2214
2026-07-09225758003.2215
2026-07-10225758003.2216
2026-07-11225758003.2217
2026-07-12124507503.2712
2026-07-13124507503.2713
2026-07-14124507503.2714
2026-07-15124507503.2715
2026-07-16124507503.2716
2026-07-17124507503.2717
2026-07-18124507503.2718
2026-07-19124507503.2719
2026-07-20124507503.2720
2026-07-21124507503.2721
2026-07-22124507503.2722
2026-07-23124507503.2723
2026-07-24124507503.2724
2026-07-25124507503.2725
2026-07-26124507503.2726
2026-07-27124507503.2727
2026-07-28124507503.2728
2026-07-29124507503.2729
2026-07-30223206503.6215
2026-07-31223206503.6216
2026-08-01223206503.6217
2026-08-02223206503.6218
2026-08-03223206503.6219
2026-08-04323807173.4013
2026-08-05223206503.6221
2026-08-06223206503.6222
2026-08-07223206503.6223
2026-08-08223206503.6224
2026-08-09223206503.6225
2026-08-10223206503.6226
2026-08-11223206503.6227
2026-08-12223206503.6228
2026-08-13223206503.6229
2026-08-14223206503.6230
2026-08-15223206503.6231
2026-08-16223206503.6232
2026-08-17223206503.6233
2026-08-18223206503.6234
2026-08-19223206503.6235
2026-08-20223206503.6236
2026-08-21124507503.2752
2026-08-22124507503.2753
2026-08-23124507503.2754
2026-08-24124507503.2755
2026-08-25223007003.2928
2026-08-26223007003.2929
2026-08-27223007003.2930
2026-08-28223007003.2931
2026-08-29223007003.2932
2026-08-30223007003.2933
2026-08-31223007003.2934

12-Month Market Dynamics & Trend Trajectory

Connectt Condominiums has closed 20 leases since its October 2024 registration, averaging $2,261 per month at $3.16 per square foot across an average suite size of 730 square feet and a lifetime DOM of 21 days. The building sits in Milton's L9T 3L3 postal area with 262 total suites, and its leasing cadence has shifted from a spring-heavy close (14 of 20 leases in April through June) to a slower summer tail of three leases across July and August. On pricing discipline, 45% of tracked leases closed below asking, producing a net tenant-favorable negotiation spread of $49 per month (2.14% discount). The annualized impact works out to $588 in savings per tenant per year, confirming that prospective renters at this building consistently leveraged the 44 active Milton submarket listings to extract concessions from landlords rather than accepting initial asking rates at face value.

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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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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)
2026-04-26223508002.9812
2026-05-03421757253.0624
2026-05-10222007003.1516
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07221205503.8533
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28126509502.798
2026-07-050N/AN/AN/AN/A
2026-07-12127008503.1824
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02125008502.941
2026-08-090N/AN/AN/AN/A
2026-08-16121005503.8222

Nearby Building Rental Comparables & Price Spreads

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

Connectt Condominiums at 8020 Derry Road W in Milton sits in a tight competitive cluster dominated by its sister property, Connectt 1 at 8010 Derry Rd, just 0.02 km away and also completed in 2024, which recorded 11 closed lease transactions over the trailing 180 days. The next nearest competitor, Centennial Forest Heights at 443 Centennial Forest Dr (0.71 km), is a 2006-era building that logged zero closed leases in the same window, while 6Ten Condos at 610 Farmstead Dr (0.96 km, completed 2020) closed five leases and Creekside Condos at 6415 Regional Rd 25 (1.45 km, estimated completion 2026) also closed five. The structural generation gap is stark: Connectt Condominiums and Connectt 1 share the same 2024 build year, placing them a full decade ahead of 6Ten Condos and nearly two decades ahead of Centennial Forest Heights, giving the subject a clear modernity edge in finishes, systems, and amenity design. Across the four-comparable set, the overall benchmark averages $2,402 per month in rent, $3.06 per square foot, and 800 square feet of suite space. Connectt Condominiums' all-time realized lease average of $2,261 per month at 730 square feet and $3.16 per square foot positions it below the comp average on headline rent while matching or exceeding the per-square-foot rate of three of four peers. The subject's smaller average footprint—ranging from 24 to 131 square feet less than its nearest competitors—means tenants trade a modest amount of interior space for a newer building, a richer amenity stack, and a Milton address that commands a premium over the 2006 and 2020-era stock within a one-kilometer radius.

8010 Derry Rd, Milton

Avg Asking$2,415/mo
Avg $/SF$3.31
Rent Spread:
+$115/mo (+5.0%) Higher

610 Farmstead Dr, Milton

Avg Asking$2,407/mo
Avg $/SF$2.94
Rent Spread:
+$107/mo (+4.7%) Higher

6415 Regional Rd 25, Milton

Avg Asking$2,365/mo
Avg $/SF$3.16
Rent Spread:
+$65/mo (+2.8%) Higher

1005 Nadalin Hts, Milton

Avg Asking$2,367/mo
Avg $/SF$2.89
Rent Spread:
+$67/mo (+2.9%) Higher

1045 Nadalin Hts, Milton

Avg Asking$2,417/mo
Avg $/SF$3.10
Rent Spread:
+$117/mo (+5.1%) Higher

830 Megson Terr, Milton

Avg Asking$2,983/mo
Avg $/SF$6.05
Rent Spread:
+$683/mo (+29.7%) Higher

Comparable Analysis & Questions

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

Connectt Condominiums' all-time average lease rent of $2,261 per month sits $141 below the four-comparable average of $2,402, reflecting a competitive entry point in Milton's submarket where the broader average lease rent is $2,374. Connectt 1 at 8010 Derry Rd, the closest competitor at 0.02 km, averages $2,411 per month at $3.16 per square foot across 786 square feet of space, placing it $150 above the subject. 6Ten Condos at 610 Farmstead Dr (0.96 km) reports an average lease rent of $2,430 per month at $2.86 per square foot over 861 square feet, a $169 premium over the subject. Creekside Condos at 6415 Regional Rd 25 (1.45 km) averages $2,365 per month at $3.16 per square foot across 754 square feet, $104 above the subject's realized rate. Centennial Forest Heights at 443 Centennial Forest Dr (0.71 km) has no closed lease data in the trailing period, so no direct rent benchmark applies.

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

Connectt Condominiums leases at $3.16 per square foot across an average 730-square-foot suite, a rate that matches Connectt 1 and Creekside Condos dollar-for-dollar while commanding a $0.30 per square foot (10.5%) premium over 6Ten Condos' $2.86 rate. Because the subject's suites are smaller than every measured competitor—56 square feet less than Connectt 1, 131 square feet less than 6Ten Condos, and 24 square feet less than Creekside Condos—tenants accept a compact footprint in exchange for a 2024-built building with a broader amenity package. Against the Milton submarket average of $3.30 per square foot, the subject's $3.16 rate actually undercuts the broader market by roughly 4%, making it a value play for renters who prioritize building age, concierge service, and lifestyle amenities over raw square footage.

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

Connectt Condominiums offers a 12-feature amenity suite that outpaces every nearby competitor in family-oriented and wellness programming, distinguishing it clearly from the more basic offerings at 6Ten Condos and the unlisted amenities at Creekside Condos. The subject's outdoor Splash Pad and dedicated Children's Playground have no equivalent at Connectt 1, 6Ten Condos, or Creekside Condos, giving families a purpose-built outdoor play environment. Its Yoga Studio and Business Centre are absent from 6Ten Condos and Creekside Condos, while the Outdoor Pool is missing from both 6Ten Condos (which offers only a BBQ area and car wash bay) and Creekside Condos. The Pet Wash Station at the subject goes beyond 6Ten Condos' basic Dog Run, providing a full-service grooming option. Together, this package—Splash Pad, Yoga Studio, Business Centre, Outdoor Pool, and Pet Wash Station—serves Milton's young professional families who want resort-style recreation, on-site wellness, and work-from-home infrastructure without sacrificing the convenience of a concierge-guarded, 2024-built community.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Connectt Condominiums.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Rooftop Terrace
  • Party & Lounge Room
  • Outdoor Pool
  • Media & Theatre Room
  • Business Centre
  • Garden & Courtyard
  • Children's Playground - Outdoor
  • Yoga Studio
  • Pet Wash Station
  • Splash Pad

Data Methodology & Analytical Standards

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

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.