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Market Data as of September 30, 2026

Verge Condos — Rental Market Data

1037 The Queensway, Etobicoke, Ontario M8Z 6C7
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,000/mo
Date Leased: August 24, 2026
Rent psf$3.64/sf
Turnover Velocity40 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed2025
Total Suites545
DeveloperRioCan Living

Verge Condos is a residential community located in Etobicoke, Ontario. Completed in 2025, the property features an estimated 545 suites. The building currently features no active rental listings on record as of September 30, 2026.

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,000/mo
Date LeasedAugust 24, 2026
Rent psf$3.64/sf
Turnover Velocity40 Days
Active Inventory Status0 Available

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)
2026-04-27422255823.8326
2026-04-28222255633.9510
2026-04-29222255633.9511
2026-04-30222255633.9512
2026-05-01222255633.9513
2026-05-02222255633.9514
2026-05-03120505503.7317
2026-05-04120505503.7318
2026-05-05220755673.6610
2026-05-06220755673.6611
2026-05-07220755673.6612
2026-05-08220755673.6613
2026-05-09220755673.6614
2026-05-10220755673.6615
2026-05-11220755673.6616
2026-05-12220755673.6617
2026-05-13220755673.6618
2026-05-14220755673.6619
2026-05-15220755673.6620
2026-05-16323836283.7714
2026-05-17323836283.7715
2026-05-18323836283.7716
2026-05-19323836283.7717
2026-05-20323836283.7718
2026-05-21323836283.7719
2026-05-22323836283.7720
2026-05-23323836283.7721
2026-05-24323836283.7722
2026-05-25323836283.7723
2026-05-26323836283.7724
2026-05-27323836283.7725
2026-05-28225506673.8018
2026-05-29324336283.8712
2026-05-30324336283.8713
2026-05-31324336283.8714
2026-06-01324336283.8715
2026-06-02324336283.8716
2026-06-03328507503.848
2026-06-04328507503.849
2026-06-05328507503.8410
2026-06-06328507503.8411
2026-06-07328507503.8412
2026-06-08328507503.8413
2026-06-09328507503.8414
2026-06-10328507503.8415
2026-06-11328507503.8416
2026-06-12328507503.8417
2026-06-13328507503.8418
2026-06-14231758503.7620
2026-06-15231758503.7621
2026-06-16231758503.7622
2026-06-17231758503.7623
2026-06-18231758503.7624
2026-06-19231758503.7625
2026-06-20231758503.7626
2026-06-21231758503.7627
2026-06-22231758503.7628
2026-06-23231758503.7629
2026-06-24231758503.7630
2026-06-25231758503.7631
2026-06-26231258693.6521
2026-06-27231258693.6522
2026-06-28231258693.6523
2026-06-29231258693.6524
2026-06-30231258693.6525
2026-07-01231258693.6526
2026-07-02231258693.6527
2026-07-03231258693.6528
2026-07-04231258693.6529
2026-07-05328837623.8920
2026-07-06325175674.5817
2026-07-07325175674.5818
2026-07-08325175674.5819
2026-07-09325175674.5820
2026-07-10325175674.5821
2026-07-11325175674.5822
2026-07-12325175674.5823
2026-07-13325175674.5824
2026-07-14523655304.5915
2026-07-15623045334.4314
2026-07-16623045334.4315
2026-07-17623045334.4316
2026-07-18623045334.4317
2026-07-19623045334.4318
2026-07-20623045334.4319
2026-07-21623045334.4320
2026-07-22522855304.4421
2026-07-23522855304.4422
2026-07-24522855304.4423
2026-07-25421064754.5513
2026-07-26421064754.5514
2026-07-27421064754.5515
2026-07-28421064754.5516
2026-07-29421064754.5517
2026-07-30421064754.5518
2026-07-31421064754.5519
2026-08-01421064754.5520
2026-08-02421064754.5521
2026-08-03421064754.5522
2026-08-04421064754.5523
2026-08-05320925004.2822
2026-08-06320925004.2823
2026-08-07320925004.2824
2026-08-08320925004.2825
2026-08-09320925004.2826
2026-08-10320925004.2827
2026-08-11320925004.2828
2026-08-12320925004.2829
2026-08-13320925004.2830
2026-08-14320925004.2831
2026-08-15320925004.2832
2026-08-16320925004.2833
2026-08-17320925004.2834
2026-08-18320925004.2835
2026-08-19320925004.2836
2026-08-20220504754.4437
2026-08-21220504754.4438
2026-08-22220504754.4439
2026-08-23120005503.6439

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Verge Condos reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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
Show min/max boundaries

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)
2026-05-03124005764.1712
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24120505503.7342
2026-05-31122505843.8529
2026-06-070N/AN/AN/AN/A
2026-06-14122005504.0016
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05132509873.2910
2026-07-120N/AN/AN/AN/A
2026-07-19225256503.9244
2026-07-260N/AN/AN/AN/A
2026-08-02121504005.3830
2026-08-090N/AN/AN/AN/A
2026-08-16121755503.9537
2026-08-23220504754.4440

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at Verge Condos with 6 tracked residential buildings in the immediate vicinity.

1050 The Queensway, Etobicoke

Avg Asking$2,400/mo
Avg $/SF$3.69
Rent Spread:
N/A

1040 The Queensway, Etobicoke

Avg Asking$2,474/mo
Avg $/SF$3.46
Rent Spread:
N/A

1007 The Queensway Street, Etobicoke

Avg Asking$2,494/mo
Avg $/SF$3.68
Rent Spread:
N/A
IQ I385 m

1185 The Queensway, Etobicoke

Avg Asking$2,356/mo
Avg $/SF$3.98
Rent Spread:
N/A

17 Zorra St, Etobicoke

Avg Asking$2,278/mo
Avg $/SF$4.00
Rent Spread:
N/A

15 Zorra St, Etobicoke

Avg Asking$2,598/mo
Avg $/SF$3.85
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Verge Condos compare to neighbouring buildings within Etobicoke South?

At $0/month ($0.00/SF), Verge Condos maintains a competitive market position compared to surrounding properties.

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

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Verge Condos and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Verge Condos.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Golf Simulator
  • Party & Lounge Room
  • Business Centre
  • Meeting Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Kids' Play Room - Indoor
  • Children's Playground - Outdoor
  • Pet Wash Station
  • Content Studio

Data Methodology & Analytical Standards

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

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.