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Market Data as of August 31, 2026

Gatsby at City Square — Rental Market Data

81 Robinson St, Hamilton, Ontario L8P 0C2
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,150
1-Bedroom + Den
1
$2,150
2-Bedroom
1
$2,400

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2020
Total Suites102
DeveloperNew Horizon Development Group

Gatsby at City Square at 81 Robinson Street in Central Hamilton is a 102-suite residential building completed in 2020 by New Horizon Development Group, currently showing three active listings for an availability rate of 2.9 percent. The building has closed one lease in the trailing 30 days at an average of $1,900 per month with a 26-day marketing cycle, and two leases over the past 90 days averaging $1,950 per month with a 36-day cycle.

The three active suites ask an average of $2,233 per month at $3.21 per square foot across an average footprint of 696 square feet, compared to the building's all-time realized lease average of $2,008 per month at $3.55 per square foot over a smaller 568-square-foot average suite. Current listings therefore offer more space at a lower per-square-foot rate than what previous tenants paid, while still commanding a 9.2 percent premium over the Central Hamilton submarket asking benchmark of $2.94 per square foot.

Marketing friction remains modest: active listings have averaged 32 days on market, well under the 45-day submarket norm, and the single 30-day closed lease cleared in 26 days. Across tracked historical leases, tenants secured an average concession of $42 per month, or roughly 2 percent below asking, with two-thirds of deals closing under the initial list price. Inventory depth is thin—each bedroom tier carries exactly one listing—so renters face single-unit scarcity across all layout categories rather than a choice within a tier.

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Active Rental Inventory & Asking Rates

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

Active Units3
+1 (50.0%)
Avg Asking Rent$2,233
-$42 (1.8%)
Avg Suite Size696 sf
-23 sf (3.2%)
Avg Days on Market32d
+20d (175.4%)
Avg Asking $/SF$3.21
+$0.05 (1.5%)

Active Market Insights & Questions

How has rental availability changed at Gatsby at City Square recently?

Gatsby at City Square lists three active units as of August 31, 2026, with asking rents spanning $2,150 to $2,400 per month, an average of $2,233, and a median of $2,150. The three suites average 696 square feet at $3.21 per square foot, and the inventory splits evenly across a one-bedroom, a one-bedroom-plus-den, and a two-bedroom layout. Because each tier holds a single listing, the current stock skews toward mid-range entry and family layouts rather than clustering in compact studio or multi-bedroom executive formats.

What floor plans and unit layouts are currently available at Gatsby at City Square?

The dominant active layout at Gatsby at City Square is the one-bedroom, with one unit representing 33.3 percent of available inventory at an average asking rent of $2,150 per month over 650 square feet at $3.31 per square foot. The one-bedroom-plus-den tier also holds one listing at $2,150 per month across 691 square feet at $3.11 per square foot, while the two-bedroom offers one unit at $2,400 per month over 746 square feet at $3.22 per square foot. Every tier is a single listing, so renters cannot compare multiple options within the same bedroom count.

What is the average asking rent and $/SF by suite size at Gatsby at City Square?

Gatsby at City Square's active asking rents range from a minimum of $2,150 to a peak of $2,400 per month, producing a $250 spread or 11.6 percent across the three available suites. The median asking rent sits at $2,150 per month, anchored by the entry-level one-bedroom at 650 square feet and $3.31 per square foot. The peak two-bedroom at 746 square feet asks $2,400 per month at a slightly lower $3.22 per square foot, reflecting the larger footprint rather than a per-unit premium.

How much extra do parking spaces and dens cost at Gatsby at City Square?

Gatsby at City Square's active den premium is unquantified, with the 41-square-foot den delta carrying a $0 marginal cost per square foot in the current sample. Parking stall costs cannot be reliably isolated from the available paired data, so no verified monthly parking figure can be quoted for active listings. Renters should confirm parking availability and pricing directly with the leasing office before signing.

How do asking rents at Gatsby at City Square compare to local and municipal benchmarks?

Gatsby at City Square's active average asking rent of $2,233 per month and $3.21 per square foot both exceed the Central Hamilton submarket benchmarks of $2,026 per month and $2.94 per square foot, a 9.2 percent per-square-foot premium. The building's 696-square-foot average suite footprint is nearly identical to the submarket implied average of 689 square feet, confirming the premium reflects genuine rate positioning rather than a size advantage. Gatsby at City Square accounts for three out of 197 active listings in the Central Hamilton submarket, representing roughly 1.5 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 Gatsby at City Square (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$1,900
Avg Leased Size568 sf
Avg Days to Lease26d
Leased $/SF$3.64

Leased Transaction Insights & Questions

How many suites were leased at Gatsby at City Square last month, and how fast did they rent?

Gatsby at City Square recorded a 26-day average DOM on its single 30-day closing, a 36-day average across two 90-day closings, and a 29-day lifetime average against a Central Hamilton submarket benchmark of 45 days. The building logged one lease in the trailing 30 days, two in the trailing 90 days, and three over the full tracked year, indicating leasing turnover that has moderated rather than accelerated. With only three lifetime closings on a 102-suite property, this cadence reflects a limited sample size and directional indicator only, not a broad statistical benchmark.

What is the negotiation spread between asking rents and closed lease prices at Gatsby at City Square?

Gatsby at City Square tenants negotiated an average discount of $42 per month (1.97% below asking), translating to $504 in annual savings per unit across tracked leases. Two of three closings—66.7%—settled under the listed asking price, confirming tenant leverage and landlord concession in this submarket. This is a tenant-favorable outcome where landlords absorbed pricing pressure rather than collecting a premium above asking.

What are typical executed lease prices across different layouts at Gatsby at City Square?

Gatsby at City Square's sole leased layout is the 1-bedroom, accounting for 100% of tracked closings at an average of $2,008 per month and a 29-day average DOM. The three closed 1-bedroom leases show a median rent of $2,000, a P25-P75 range of $1,950 to $2,062, an average suite size of 568 square feet, a rate of $3.55 per square foot, and a 29-day average time on market. This is a limited sample size of three transactions and should be treated as a directional indicator only, not an established statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Gatsby at City Square?

Gatsby at City Square has no verified leased parking premium; paired data is insufficient to isolate a reliable monthly parking value. Active listings at the building also show unreliable or outlier parking figures that cannot be confidently attributed to a standard parking add-on. Tenants should confirm whether parking is bundled into the suite rent or available as a separate amenity before signing a lease.

How does the lease-to-listing ratio at Gatsby at City Square reflect current tenant demand?

Gatsby at City Square shows a declining nominal rent trajectory from $2,125 in May to $1,900 in August across three tracked monthly closings. In May, one lease closed at $2,125 per month, $3.27 per square foot, with a 16-day DOM. In July, one lease closed at $2,000 per month and $3.75 per square foot over 46 days; the lower nominal rent despite a higher rate per square foot reflects a compact suite footprint rather than property devaluation. In August, one lease closed at $1,900 per month, $3.64 per square foot, with a 26-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
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)
2026-04-27221506713.2112
2026-04-28221506713.2113
2026-04-29221506713.2114
2026-04-30221506713.2115
2026-06-12121005333.94N/A
2026-06-13121005333.941
2026-06-14121005333.942
2026-06-15121005333.943
2026-06-16121005333.944
2026-06-17121005333.945
2026-06-18121005333.946
2026-06-19121005333.947
2026-06-20121005333.948
2026-06-21121005333.949
2026-06-22121005333.9410
2026-06-23121005333.9411
2026-06-24121005333.9412
2026-06-25121005333.9413
2026-06-26121005333.9414
2026-06-27121005333.9415
2026-06-28121005333.9416
2026-06-29220255283.849
2026-06-30220255283.8410
2026-07-01220255283.8411
2026-07-02220255283.8412
2026-07-03220255283.8413
2026-07-04220255283.8414
2026-07-05220255283.8415
2026-07-06220255283.8416
2026-07-07220255283.8417
2026-07-08220255283.8418
2026-07-09220255283.8419
2026-07-10321506003.6313
2026-07-11321506003.6314
2026-07-12321506003.6315
2026-07-13321506003.6316
2026-07-14321506003.6317
2026-07-15321506003.6318
2026-07-16321506003.6319
2026-07-17321506003.6320
2026-07-18321506003.6321
2026-07-19321506003.6322
2026-07-20321506003.6323
2026-07-21321506003.6324
2026-07-22321506003.6325
2026-07-23321506003.6326
2026-07-24321506003.6327
2026-07-25321506003.6328
2026-07-26321506003.6329
2026-07-27222506403.5831
2026-07-28124007463.2218
2026-07-29222757193.1610
2026-07-30222757193.1611
2026-07-31222757193.1612
2026-08-01222757193.1613
2026-08-02222757193.1614
2026-08-03222757193.1615
2026-08-04321506533.3210
2026-08-05321506533.3211
2026-08-06321506533.3212
2026-08-07321506533.3213
2026-08-08321506533.3214
2026-08-09321506533.3215
2026-08-10321506533.3216
2026-08-11321506533.3217
2026-08-12321506533.3218
2026-08-13321506533.3219
2026-08-14321506533.3220
2026-08-15321506533.3221
2026-08-16321506533.3222
2026-08-17321506533.3223
2026-08-18321506533.3224
2026-08-19321506533.3225
2026-08-20321506533.3226
2026-08-21421506523.3221
2026-08-22421506523.3222
2026-08-23421506523.3223
2026-08-24421506523.3224
2026-08-25421506523.3225
2026-08-26421506523.3226
2026-08-27421506523.3227
2026-08-28421506523.3228
2026-08-29421506523.3229
2026-08-30322336963.2131
2026-08-31322336963.2132

12-Month Market Dynamics & Trend Trajectory

Gatsby at City Square realized an average lease rent of $2,008 per month and $3.55 per square foot across three tracked closings, positioning the building $83 per month (4.3%) above the Central Hamilton submarket average of $1,925 and 19.7% above the submarket's $3.09 per square foot benchmark. The building's 29-day average DOM also undercuts the submarket's 45-day norm, suggesting that despite the rent premium, demand clears at a faster pace than the broader Central Hamilton market. On pricing discipline, two of three leases—66.7%—closed below asking, with tenants capturing an average $42 per month (1.97%) discount that equates to $504 in annual savings per unit. This tenant-favorable negotiation pattern indicates landlords at Gatsby at City Square are conceding on price rather than holding firm at listed rates, a concession dynamic that prospective tenants can reasonably expect to replicate in negotiations.

Loading inventory data…

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)
2026-04-26121256503.2716
2026-05-030N/AN/AN/AN/A
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
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
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26120005333.7546
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-230N/AN/AN/AN/A
2026-08-30119005223.6426

Nearby Building Rental Comparables & Price Spreads

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

Gatsby at City Square at 81 Robinson St sits in a tight competitive cluster in Central Hamilton, flanked by three active rental buildings and one zero-transaction reference within 100 metres. City Square Tower 2 (85 Robinson St, 0.05 km, completed 2015) recorded 3 closed leases over the trailing 180 days, City Square (90 Charlton Ave W, 0.06 km, completed 2013) logged 4 closed leases, and One Hundred Charlton (100 Charlton Avenue W, 0.1 km, completed 1920) closed 2 leases in the same window. The Garrison (49 Robinson St, 0.08 km, completed 1988) recorded zero lease transactions over the past 180 days and serves purely as an architectural and amenity reference rather than an active pricing benchmark. The active peer set spans a 105-year completion range—from One Hundred Charlton's 1920 construction to City Square Tower 2's 2015 build—while Gatsby at City Square, completed in 2020, occupies the newest structural generation in this immediate pocket. The overall comp benchmark across the three active competitors averages $2,181 per month in realized rent, $3.02 per square foot, and 726 square feet of interior space. Gatsby at City Square's all-time average lease of $2,008 per month and 568 square feet places it below the comp set on both nominal rent and total footprint, yet its $3.55 per square foot rate exceeds every active competitor's realized rate. The subject's 102-suite scale and 2020 construction give it a modern mid-rise profile that differentiates from the older, larger-footprint suites at One Hundred Charlton and City Square, while its compact 568-square-foot average suite size reflects a density-driven product strategy rather than a value discount.

85 Robinson St, Hamilton

Avg Asking$2,067/mo
Avg $/SF$3.35
Rent Spread:
-$167/mo (-7.5%) Lower

90 Charlton Ave W, Hamilton

Avg Asking$2,161/mo
Avg $/SF$3.31
Rent Spread:
-$72/mo (-3.2%) Lower

100 Charlton Avenue W, Hamilton

Avg Asking$2,189/mo
Avg $/SF$2.78
Rent Spread:
-$44/mo (-2.0%) Lower

46 Herkimer Street, Hamilton

Avg Asking$2,975/mo
Avg $/SF$3.08
Rent Spread:
+$742/mo (+33.2%) Higher

86 Herkimer St, Hamilton

Avg Asking$1,900/mo
Avg $/SF$2.01
Rent Spread:
-$333/mo (-14.9%) Lower

120 Duke St, Hamilton

Avg Asking$2,600/mo
Avg $/SF$2.60
Rent Spread:
+$367/mo (+16.4%) Higher

Comparable Analysis & Questions

How do rental rates at Gatsby at City Square compare to neighbouring buildings within Central Hamilton?

Gatsby at City Square's all-time average realized rent of $2,008 per month sits $173 below the overall comp benchmark of $2,181, with every active competitor in this 100-metre radius closing leases at a higher nominal figure. City Square Tower 2 (85 Robinson St, 0.05 km) recorded 3 closed leases averaging $2,033 per month at $3.13 per square foot across 655 square feet, placing the subject $25 lower on a monthly basis. City Square (90 Charlton Ave W, 0.06 km) logged 4 closed leases at an average of $2,213 per month, $3.01 per square foot, and 738 square feet, a $205 monthly gap above the subject. One Hundred Charlton (100 Charlton Avenue W, 0.1 km) closed 2 leases averaging $2,298 per month at $2.93 per square foot over 784 square feet, representing the widest spread at $290 above Gatsby at City Square. The Garrison (49 Robinson St, 0.08 km) recorded zero closed leases in the trailing 180 days and therefore offers no realized rent benchmark for comparison.

Does Gatsby at City Square offer a competitive price-per-square-foot ($/SF) against local comparables?

Gatsby at City Square trades at a $3.55 per square foot realized rate—well above the comp average of $3.02 per square foot and the submarket leased benchmark of $3.09 per square foot—while offering 568 square feet of interior space, roughly 158 square feet less than the comp average of 726. Against City Square Tower 2, the subject commands a $0.42 per square foot premium (13.4% higher) but provides 87 fewer interior square feet, meaning the $25 lower monthly rent is a footprint effect, not a valuation discount. Versus City Square, the subject carries a $0.54 per square foot premium (17.9%) with 170 fewer square feet, and the $205 monthly rent gap reflects that smaller interior envelope rather than weaker asset positioning. One Hundred Charlton shows the sharpest contrast: the subject trades at a $0.62 per square foot premium (21.2%) while delivering 216 fewer square feet, so the $290 lower monthly rent is entirely a function of the compact 568-square-foot suite versus the 784-square-foot layout at the 1920-era building. In every active comparison, Gatsby at City Square's per-square-foot rate exceeds the competitor, confirming that the nominal rent differential is driven by interior footprint scale rather than a lower per-unit valuation.

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

Gatsby at City Square fields a 10-item amenity suite—including a yoga studio, rooftop terrace, dining room and kitchen, games and billiards room, meeting room, EV charging station, and media and theatre room—that substantially outpaces every nearby competitor in lifestyle breadth. City Square Tower 2 offers a gym, party lounge, media room, rooftop terrace, and BBQ area but lacks the subject's dedicated yoga studio, meeting room, games room, dining kitchen, shared laundry, and EV charging. City Square provides only a party lounge, gym, and meeting room, missing the rooftop terrace, yoga studio, games room, dining kitchen, media room, shared laundry, and EV charging found at Gatsby at City Square. One Hundred Charlton, a 1920-era building, lists only concierge and security plus shared laundry, with no fitness, social, or recreational facilities whatsoever. The Garrison, while zero-volume, carries a party lounge and games room but no gym, rooftop, or wellness programming. The subject's combination of wellness programming (yoga studio), remote-work infrastructure (meeting room), social dining (dining room and kitchen), and EV-ready parking positions it squarely for young professionals and remote workers in Central Hamilton who prioritize a full-service lifestyle package over the bare-bones or concierge-only offerings of the older stock surrounding it.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Gatsby at City Square.

Building Amenities

  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Rooftop Terrace
  • Yoga Studio
  • Dining Room & Kitchen
  • Shared Laundry Room
  • EV Charging Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Gatsby at City Square.

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.