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Market Data as of September 30, 2026

Port Royal Place III — Rental Market Data

11 Michael Power Pl, Etobicoke, Ontario M9A 5G3
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,700/mo
Date Leased: September 2, 2026
Rent psf$3.38/sf
Turnover Velocity15 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2003
Total Suites149
DeveloperPemberton Group

Port Royal Place III is a residential community located in Etobicoke, Ontario. Completed in 2003, the property features an estimated 149 suites. While there are currently no active rental listings on the market, historical records show 1 closed lease transactions with an average realized rent of $2,700/month ($3.38/SF).

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,700/mo
Date LeasedSeptember 2, 2026
Rent psf$3.38/sf
Turnover Velocity15 Days
Active Inventory Status0 Available

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 Port Royal Place III (Data period: For the month of September 2026).

Units Leased1
Avg Leased Price$2,700
Avg Leased Size800 sf
Avg Days to Lease15d
Leased $/SF$3.38

Leased Transaction Insights & Questions

How many suites were leased at Port Royal Place III last month, and how fast did they rent?

Over For the month of September 2026, 1 residential lease transaction closed at Port Royal Place III, leasing in an average of 15 days on market.

What is the negotiation spread between asking rents and closed lease prices at Port Royal Place III?

Completed lease contracts averaged $2,700/month, compared to active asking rents of $0/month, reflecting a spread of $0/month (0.0%).

What are typical executed lease prices across different layouts at Port Royal Place III?

Executed lease contracts averaged $2,700/month ($3.38/SF) across closed suites.

What measurable rent premium did suites with parking achieve in closed leases at Port Royal Place III?

Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.

How does the lease-to-listing ratio at Port Royal Place III reflect current tenant demand?

Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Port Royal Place III (Data period: For the month of September 2026).

Delisted Units1
Avg Asking Price$2,280
Avg Suite Size650 sf
Avg Days on Market19d
Delisted $/SF$3.51

De-Listed Market Analysis & Questions

How many listings de-listed at Port Royal Place III, and what was their re-listing price compared to previous asking?

During September 2026, 1 listings were withdrawn or terminated from the market. Re-listed suites returned with price adjustments aligning with local demand.

How do asking prices on de-listed suites compare to executed leases and active listings at Port Royal Place III?

Withdrawn listings had an average asking rate of $2,280/month ($3.51/SF) prior to removal.

What market friction causes rental listings to stall or de-list at Port Royal Place III?

Listings spent an average of 19 days on market prior to termination, indicating tenant price resistance on specific layouts.

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)
2026-06-04122006503.38N/A
2026-06-05122006503.381
2026-06-06122006503.382
2026-06-07122006503.383
2026-07-24123505504.27N/A
2026-07-25123505504.271
2026-07-26123505504.272
2026-07-27123505504.273
2026-07-28123505504.274
2026-07-29123505504.275
2026-07-30123505504.276
2026-07-31123505504.277
2026-08-01123505504.278
2026-08-02123505504.279
2026-08-03123505504.2710
2026-08-04123505504.2711
2026-08-05123505504.2712
2026-08-06123505504.2713
2026-08-07123505504.2714
2026-08-08123505504.2715
2026-08-09123505504.2716
2026-08-18127008003.38N/A
2026-08-19127008003.381
2026-08-20127008003.382
2026-08-21127008003.383
2026-08-22127008003.384
2026-08-23127008003.385
2026-08-24127008003.386
2026-08-25127008003.387
2026-08-26127008003.388
2026-08-27127008003.389
2026-08-28127008003.3810
2026-08-29127008003.3811
2026-08-30127008003.3812
2026-08-31224907253.447
2026-09-01224907253.448
2026-09-02122806503.512
2026-09-03122806503.513
2026-09-04122806503.514
2026-09-05122806503.515
2026-09-06122806503.516
2026-09-07122806503.517
2026-09-08122806503.518
2026-09-09122806503.519
2026-09-10122806503.5110
2026-09-11122806503.5111
2026-09-12122806503.5112
2026-09-13122806503.5113
2026-09-14122806503.5114
2026-09-15122806503.5115
2026-09-16122806503.5116
2026-09-17122806503.5117
2026-09-18122806503.5118

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Port Royal Place III 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)
2026-06-07122506503.464
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
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-09123505504.2717
2026-08-160N/AN/AN/AN/A
2026-08-230N/AN/AN/AN/A
2026-08-30127008003.3815

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 Port Royal Place III with 6 tracked residential buildings in the immediate vicinity.

7 Michael Power Pl, Etobicoke

Avg Asking$2,488/mo
Avg $/SF$3.70
Rent Spread:
N/A

9 Michael Power Pl, Etobicoke

Avg Asking$2,300/mo
Avg $/SF$4.18
Rent Spread:
N/A

15 Michael Power Pl, Etobicoke

Avg Asking$2,800/mo
Avg $/SF$3.73
Rent Spread:
N/A

17 Michael Power Pl, Etobicoke

Avg Asking$2,682/mo
Avg $/SF$3.36
Rent Spread:
N/A

5101 Dundas St W, Etobicoke

Avg Asking$2,533/mo
Avg $/SF$3.36
Rent Spread:
N/A

5 Michael Power Pl, Etobicoke

Avg Asking$2,231/mo
Avg $/SF$3.55
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Port Royal Place III compare to neighbouring buildings within Etobicoke Centre?

At $0/month ($0.00/SF), Port Royal Place III maintains a competitive market position compared to surrounding properties.

Does Port Royal Place III 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 Port Royal Place III and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Port Royal Place III.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Media & Theatre Room
  • Children's Playground - Outdoor

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Port Royal Place III.

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.