Market Data as of August 31, 2026
Clockwork at Upper Joshua Creek - Building 1 — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Clockwork at Upper Joshua Creek – Building 1 at 1415 Dundas St E in Oakville North is a Mattamy Homes development completed in 2025, offering 154 suites across the building. As of August 31, 2026, one unit is actively listed, representing a 0.6 percent availability rate. The building has closed eight leases to date, with seven transacting in the trailing 90 days at an average realized rent of $2,493 per month and an average of 35 days on market, while the single 30-day lease closed at $2,000 per month after 66 days on market.
The sole active listing asks $2,350 per month for a 650-square-foot one-bedroom-plus-den suite, translating to $3.62 per square foot. That rate sits just below the 90-day realized average of $3.64 per square foot, though the active footprint of 650 square feet is 80 square feet more compact than the 730-square-foot average across all tracked leases. Against the Oakville North submarket asking benchmark of $3.62 per square foot, the building trades at exact parity on a rate basis, while its nominal monthly rent of $2,350 runs $231 below the submarket average asking rent of $2,581—a gap fully explained by the smaller suite size relative to the submarket implied average of 713 square feet.
Marketing friction is modest: the active listing has been on market for 24 days, matching the submarket average of 24 days, and no delisted, terminated, or expired listings are recorded. However, the single 30-day closed lease required 66 days to transact, well above the submarket norm, suggesting that recent leasing velocity has slowed despite the clean delisting record. Tenants negotiating across all eight tracked leases secured an average concession of $38 per month, or 1.29 percent below asking, with 25 percent of deals closing under the initial ask—a tenant-favorable dynamic worth factoring into offers. Inventory depth is extremely thin: the single active unit is a one-bedroom-plus-den, leaving no two-bedroom or studio options currently available at this address.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Clockwork at Upper Joshua Creek - Building 1 as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Clockwork at Upper Joshua Creek - Building 1 recently?
Clockwork at Upper Joshua Creek – Building 1 has one active listing as of August 31, 2026, asking $2,350 per month with both the average and median rent at $2,350. The available suite measures 650 square feet and carries an asking rate of $3.62 per square foot. This single listing is a one-bedroom-plus-den configuration, meaning 100 percent of current inventory sits in the mid-tier layout band rather than in compact studio or multi-bedroom executive formats.
What floor plans and unit layouts are currently available at Clockwork at Upper Joshua Creek - Building 1?
The dominant and sole active layout at Clockwork at Upper Joshua Creek – Building 1 is the one-bedroom-plus-den, with one unit representing 100 percent of available inventory. That single listing asks $2,350 per month for 650 square feet at $3.62 per square foot, and no studio, two-bedroom, or larger configurations are currently on the market. Renter options at this address are therefore limited to this one mid-tier layout tier.
What is the average asking rent and $/SF by suite size at Clockwork at Upper Joshua Creek - Building 1?
Clockwork at Upper Joshua Creek – Building 1 shows a minimum and maximum asking rent of $2,350 per month, producing a dollar spread of $0 and a percentage spread of 0 percent across its single active listing. The entry-level and peak suite are the same unit: a one-bedroom-plus-den measuring 650 square feet at $3.62 per square foot. With only one unit available, there is no internal price gradient to compare, and renters should benchmark against the broader Oakville North submarket for alternative price points.
How much extra do parking spaces and dens cost at Clockwork at Upper Joshua Creek - Building 1?
Clockwork at Upper Joshua Creek – Building 1 does not have a quantified den premium or square-footage delta for its active one-bedroom-plus-den listing, as the data sample is insufficient to isolate the marginal cost of the den space. Parking stall costs likewise cannot be reliably isolated from the available paired data, and no verified monthly parking fee can be quoted for this building at this time.
How do asking rents at Clockwork at Upper Joshua Creek - Building 1 compare to local and municipal benchmarks?
Clockwork at Upper Joshua Creek – Building 1 asks $2,350 per month at $3.62 per square foot, which is exactly at parity with the Oakville North submarket asking rate of $3.62 per square foot while running $231 below the submarket average asking rent of $2,581 per month. The lower nominal rent reflects the building's 650-square-foot suite being 63 square feet smaller than the submarket implied average of 713 square feet, so the per-square-foot comparison confirms true rate parity. The building currently holds one out of 81 available listings in the Oakville North submarket, representing roughly 1.2 percent of total active 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 Clockwork at Upper Joshua Creek - Building 1 (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Clockwork at Upper Joshua Creek - Building 1 last month, and how fast did they rent?
Clockwork at Upper Joshua Creek - Building 1 recorded a 30-day average DOM of 66 days and a 90-day average DOM of 35 days, both above the Oakville North submarket benchmark of 24 days. Over the trailing 30 days, one lease closed; the 90-day window captured seven closings; and the lifetime total stands at eight leases. Leasing cadence accelerated sharply in July with five transactions, then moderated to a single closing in August, indicating a brief burst of absorption rather than sustained turnover.
What is the negotiation spread between asking rents and closed lease prices at Clockwork at Upper Joshua Creek - Building 1?
Clockwork at Upper Joshua Creek - Building 1 closed leases at an average discount of $38 per month (1.29% below asking), translating to $456 in annual tenant savings per unit. Twenty-five percent of tracked leases settled under the listed asking price, confirming measurable tenant leverage and landlord concession across the eight-lease sample. This is a tenant-favorable negotiation environment where landlords absorbed modest pricing pressure rather than holding at or above list.
What are typical executed lease prices across different layouts at Clockwork at Upper Joshua Creek - Building 1?
The two highest-volume anchor layouts at Clockwork at Upper Joshua Creek - Building 1 are the 1-Bedroom + Den (3 leases, average $2,267 per month, 28-day DOM) and the 2-Bedroom + Den (3 leases, average $3,000 per month, 14-day DOM). The 1-Bedroom + Den tier averages 594 square feet at $3.84 per square foot, with a median of $2,300 and a P25–P75 range of $2,250 to $2,300. This is a limited sample of three closed leases and serves as a directional indicator only. The 2-Bedroom + Den tier averages 952 square feet at $3.15 per square foot, with a median of $3,000 and a P25–P75 range of $2,950 to $3,050. This is also a limited sample of three closed leases and functions as a directional reference only. The 1-Bedroom tier records one individual transaction at $2,000 per month across 550 square feet ($3.64 per square foot) with a 66-day DOM; this represents a single deal, not a broad statistical benchmark. The 2-Bedroom tier records one individual transaction at $2,550 per month across 650 square feet ($3.92 per square foot) with a 65-day DOM; this is likewise a single transaction rather than an established benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Clockwork at Upper Joshua Creek - Building 1?
Clockwork at Upper Joshua Creek - Building 1 does not have sufficient paired lease data to isolate a reliable parking premium per month. Parking appears bundled into suite rents across the tracked transactions, preventing a clean separation of the parking component. Active asking parking rates are similarly inconclusive due to an unreliable outlier or insufficient paired sample, so no verified parking premium can be quoted for this building.
How does the lease-to-listing ratio at Clockwork at Upper Joshua Creek - Building 1 reflect current tenant demand?
Clockwork at Upper Joshua Creek - Building 1 shows a declining nominal rent trajectory from spring into late summer, though the rate per square foot tells a different story. In May 2026, one lease closed at $2,900 per month ($3.05 per square foot) with a 9-day DOM. June 2026 saw one closing at $3,000 per month ($3.14 per square foot) over 13 days. July 2026 recorded five closings averaging $2,490 per month at $3.74 per square foot with a 34-day DOM; the nominal drop from June reflects compact suite footprints in the July cohort rather than property devaluation, as the per-square-foot rate actually rose. August 2026 closed one lease at $2,000 per month ($3.64 per square foot) with a 66-day DOM, again reflecting a smaller suite footprint rather than a pricing correction.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 3 | 2833 | 800 | 3.62 | 14 |
| 2026-04-28 | 3 | 2833 | 800 | 3.62 | 15 |
| 2026-04-29 | 3 | 2833 | 800 | 3.62 | 16 |
| 2026-04-30 | 3 | 2833 | 800 | 3.62 | 17 |
| 2026-05-01 | 3 | 2833 | 800 | 3.62 | 18 |
| 2026-05-02 | 3 | 2833 | 800 | 3.62 | 19 |
| 2026-05-03 | 3 | 2833 | 800 | 3.62 | 20 |
| 2026-05-04 | 3 | 2833 | 800 | 3.62 | 21 |
| 2026-05-05 | 2 | 2850 | 800 | 3.68 | 27 |
| 2026-05-06 | 1 | 2800 | 650 | 4.31 | N/A |
| 2026-05-07 | 1 | 2800 | 650 | 4.31 | 1 |
| 2026-05-08 | 1 | 2800 | 650 | 4.31 | 2 |
| 2026-05-09 | 1 | 2800 | 650 | 4.31 | 3 |
| 2026-05-10 | 1 | 2800 | 650 | 4.31 | 4 |
| 2026-05-11 | 1 | 2800 | 650 | 4.31 | 5 |
| 2026-05-12 | 1 | 2800 | 650 | 4.31 | 6 |
| 2026-05-13 | 1 | 2800 | 650 | 4.31 | 7 |
| 2026-05-14 | 1 | 2800 | 650 | 4.31 | 8 |
| 2026-05-15 | 1 | 2800 | 650 | 4.31 | 9 |
| 2026-05-16 | 1 | 2800 | 650 | 4.31 | 10 |
| 2026-05-17 | 1 | 2800 | 650 | 4.31 | 11 |
| 2026-05-18 | 1 | 2800 | 650 | 4.31 | 12 |
| 2026-05-19 | 1 | 2800 | 650 | 4.31 | 13 |
| 2026-05-20 | 1 | 2800 | 650 | 4.31 | 14 |
| 2026-05-21 | 1 | 2800 | 650 | 4.31 | 15 |
| 2026-05-22 | 1 | 2800 | 650 | 4.31 | 16 |
| 2026-05-23 | 1 | 2800 | 650 | 4.31 | 17 |
| 2026-05-24 | 1 | 2800 | 650 | 4.31 | 18 |
| 2026-05-25 | 1 | 2800 | 650 | 4.31 | 19 |
| 2026-05-26 | 1 | 2800 | 650 | 4.31 | 20 |
| 2026-05-27 | 1 | 2800 | 650 | 4.31 | 21 |
| 2026-05-28 | 1 | 2800 | 650 | 4.31 | 22 |
| 2026-05-29 | 1 | 2800 | 650 | 4.31 | 23 |
| 2026-05-30 | 1 | 2800 | 650 | 4.31 | 24 |
| 2026-05-31 | 1 | 2800 | 650 | 4.31 | 25 |
| 2026-06-01 | 1 | 2800 | 650 | 4.31 | 26 |
| 2026-06-02 | 1 | 2800 | 650 | 4.31 | 27 |
| 2026-06-03 | 1 | 2800 | 650 | 4.31 | 28 |
| 2026-06-04 | 1 | 2800 | 650 | 4.31 | 29 |
| 2026-06-05 | 1 | 2800 | 650 | 4.31 | 30 |
| 2026-06-06 | 2 | 2550 | 600 | 4.24 | 16 |
| 2026-06-07 | 2 | 2550 | 600 | 4.24 | 17 |
| 2026-06-08 | 2 | 2550 | 600 | 4.24 | 18 |
| 2026-06-09 | 4 | 2375 | 620 | 3.84 | 9 |
| 2026-06-10 | 4 | 2375 | 620 | 3.84 | 10 |
| 2026-06-11 | 4 | 2375 | 620 | 3.84 | 11 |
| 2026-06-12 | 5 | 2540 | 686 | 3.75 | 10 |
| 2026-06-13 | 5 | 2540 | 686 | 3.75 | 11 |
| 2026-06-14 | 5 | 2540 | 686 | 3.75 | 12 |
| 2026-06-15 | 5 | 2540 | 686 | 3.75 | 13 |
| 2026-06-16 | 6 | 2608 | 731 | 3.64 | 12 |
| 2026-06-17 | 6 | 2608 | 731 | 3.64 | 13 |
| 2026-06-18 | 6 | 2608 | 731 | 3.64 | 14 |
| 2026-06-19 | 7 | 2521 | 705 | 3.64 | 12 |
| 2026-06-20 | 7 | 2521 | 705 | 3.64 | 13 |
| 2026-06-21 | 7 | 2521 | 705 | 3.64 | 14 |
| 2026-06-22 | 7 | 2521 | 705 | 3.64 | 15 |
| 2026-06-23 | 7 | 2521 | 705 | 3.64 | 16 |
| 2026-06-24 | 7 | 2521 | 705 | 3.64 | 17 |
| 2026-06-25 | 7 | 2521 | 705 | 3.64 | 18 |
| 2026-06-26 | 7 | 2521 | 705 | 3.64 | 19 |
| 2026-06-27 | 7 | 2521 | 705 | 3.64 | 20 |
| 2026-06-28 | 7 | 2521 | 705 | 3.64 | 21 |
| 2026-06-29 | 6 | 2450 | 663 | 3.73 | 24 |
| 2026-06-30 | 6 | 2450 | 663 | 3.73 | 25 |
| 2026-07-01 | 6 | 2450 | 663 | 3.73 | 26 |
| 2026-07-02 | 6 | 2450 | 663 | 3.73 | 27 |
| 2026-07-03 | 5 | 2300 | 606 | 3.80 | 29 |
| 2026-07-04 | 5 | 2300 | 606 | 3.80 | 30 |
| 2026-07-05 | 5 | 2300 | 606 | 3.80 | 31 |
| 2026-07-06 | 5 | 2300 | 606 | 3.80 | 32 |
| 2026-07-07 | 5 | 2300 | 606 | 3.80 | 33 |
| 2026-07-08 | 5 | 2300 | 606 | 3.80 | 34 |
| 2026-07-09 | 6 | 2433 | 647 | 3.77 | 30 |
| 2026-07-10 | 5 | 2360 | 646 | 3.67 | 24 |
| 2026-07-11 | 5 | 2360 | 646 | 3.67 | 25 |
| 2026-07-12 | 5 | 2360 | 646 | 3.67 | 26 |
| 2026-07-13 | 4 | 2400 | 645 | 3.74 | 25 |
| 2026-07-14 | 4 | 2400 | 645 | 3.74 | 26 |
| 2026-07-15 | 4 | 2400 | 645 | 3.74 | 27 |
| 2026-07-16 | 3 | 2433 | 677 | 3.59 | 24 |
| 2026-07-17 | 3 | 2433 | 677 | 3.59 | 25 |
| 2026-07-18 | 3 | 2433 | 677 | 3.59 | 26 |
| 2026-07-19 | 4 | 2400 | 653 | 3.68 | 20 |
| 2026-07-20 | 4 | 2400 | 653 | 3.68 | 21 |
| 2026-07-21 | 4 | 2400 | 653 | 3.68 | 22 |
| 2026-07-22 | 4 | 2400 | 653 | 3.68 | 23 |
| 2026-07-23 | 4 | 2400 | 653 | 3.68 | 24 |
| 2026-07-24 | 4 | 2400 | 653 | 3.68 | 25 |
| 2026-07-25 | 4 | 2400 | 653 | 3.68 | 26 |
| 2026-07-26 | 4 | 2400 | 653 | 3.68 | 27 |
| 2026-07-27 | 3 | 2167 | 588 | 3.69 | 31 |
| 2026-07-28 | 2 | 2100 | 590 | 3.56 | 44 |
| 2026-07-29 | 2 | 2100 | 590 | 3.56 | 45 |
| 2026-07-30 | 2 | 2100 | 590 | 3.56 | 46 |
| 2026-07-31 | 2 | 2100 | 590 | 3.56 | 47 |
| 2026-08-01 | 2 | 2100 | 590 | 3.56 | 48 |
| 2026-08-02 | 2 | 2100 | 590 | 3.56 | 49 |
| 2026-08-03 | 2 | 2100 | 590 | 3.56 | 50 |
| 2026-08-04 | 2 | 2100 | 590 | 3.56 | 51 |
| 2026-08-05 | 2 | 2100 | 590 | 3.56 | 52 |
| 2026-08-06 | 2 | 2100 | 590 | 3.56 | 53 |
| 2026-08-07 | 3 | 2183 | 610 | 3.58 | 36 |
| 2026-08-08 | 3 | 2183 | 610 | 3.58 | 37 |
| 2026-08-09 | 3 | 2183 | 610 | 3.58 | 38 |
| 2026-08-10 | 3 | 2183 | 610 | 3.58 | 39 |
| 2026-08-11 | 3 | 2183 | 610 | 3.58 | 40 |
| 2026-08-12 | 3 | 2183 | 610 | 3.58 | 41 |
| 2026-08-13 | 3 | 2183 | 610 | 3.58 | 42 |
| 2026-08-14 | 3 | 2183 | 610 | 3.58 | 43 |
| 2026-08-15 | 3 | 2183 | 610 | 3.58 | 44 |
| 2026-08-16 | 3 | 2183 | 610 | 3.58 | 45 |
| 2026-08-17 | 3 | 2183 | 610 | 3.58 | 46 |
| 2026-08-18 | 3 | 2183 | 610 | 3.58 | 47 |
| 2026-08-19 | 3 | 2183 | 610 | 3.58 | 48 |
| 2026-08-20 | 3 | 2183 | 610 | 3.58 | 49 |
| 2026-08-21 | 3 | 2183 | 610 | 3.58 | 50 |
| 2026-08-22 | 3 | 2183 | 610 | 3.58 | 51 |
| 2026-08-23 | 3 | 2183 | 610 | 3.58 | 52 |
| 2026-08-24 | 2 | 2275 | 640 | 3.55 | 47 |
| 2026-08-25 | 2 | 2275 | 640 | 3.55 | 48 |
| 2026-08-26 | 2 | 2275 | 640 | 3.55 | 49 |
| 2026-08-27 | 2 | 2275 | 640 | 3.55 | 50 |
| 2026-08-28 | 2 | 2275 | 640 | 3.55 | 51 |
| 2026-08-29 | 2 | 2275 | 640 | 3.55 | 52 |
| 2026-08-30 | 2 | 2275 | 640 | 3.55 | 53 |
| 2026-08-31 | 2 | 2275 | 640 | 3.55 | 54 |
12-Month Market Dynamics & Trend Trajectory
Clockwork at Upper Joshua Creek - Building 1 realizes an average lease rent of $2,544 per month and a rate of $3.57 per square foot, positioning the building $118 per month (approximately 4.9%) above the Oakville North submarket average of $2,426 and $0.09 per square foot (roughly 2.6%) above the submarket's $3.48 per square foot benchmark. The building's 32-day average DOM runs eight days above the submarket's 24-day norm, suggesting slightly longer marketing cycles despite the rent premium. Active inventory at $2,350 per month for a 650-square-foot 1-Bedroom + Den sits below the submarket asking average of $2,581, though the subject's active suite is 63 square feet smaller than the submarket implied average of 713 square feet, so the lower nominal rent partly reflects compact footprint rather than a pricing concession. On pricing discipline, 25% of the eight tracked leases closed below asking price, with tenants negotiating an average $38 per month (1.29%) discount. The net negotiation spread of -$38 per month and the $456 annualized savings per unit confirm a tenant-favorable environment where landlords conceded modestly on price. The remaining 75% of leases settled at or near asking, indicating that while tenant leverage exists, it is selective rather than pervasive across the building's lease flow.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2900 | 950 | 3.05 | 9 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 2 | 3050 | 953 | 3.20 | 17 |
| 2026-07-05 | 1 | 2550 | 650 | 3.92 | 65 |
| 2026-07-12 | 2 | 2250 | 600 | 3.78 | 37 |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 2300 | 583 | 3.95 | 9 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 1 | 2000 | 550 | 3.64 | 66 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Clockwork at Upper Joshua Creek – Building 1 at 1415 Dundas St E faces four nearby competitors in the Oakville North submarket, all of which recorded active lease volume over the trailing 180 days. The closest peer is its sister tower, Clockwork at Upper Joshua Creek – Building 2 at 3006 William Cutmore Blvd (0.02 km, completed 2025), which closed 15 leases. Two Emporium towers anchor the older generation: Emporium II – North Tower at 2480 Prince Michael Dr (0.99 km, built in 2015) with 4 closed leases, and Emporium at Joshua Creek – South Tower at 2470 Prince Michael Dr (1.0 km, built in 2013) also with 4 closed leases. The Wilmot at 1005 Dundas Street E (1.51 km, estimated completion 2026) logged the highest volume at 31 closed leases. No competitor in this set recorded zero transactions, so all four serve as active pricing benchmarks rather than architectural references alone. The four-comparable benchmark averages $2,621 per month, $3.26 per square foot, and 824 square feet of interior space. Clockwork Building 1's realized lease metrics of $2,544 per month at $3.57 per square foot across 730 square feet place it below the comp average on total rent and footprint but above on rate per square foot. The building's 730-square-foot average suite is 94 square feet smaller than the comp mean, which explains why the nominal rent sits under the benchmark despite a higher per-square-foot rate. Against the submarket-wide averages of $2,426 per month and $3.48 per square foot, the subject commands a modest premium on rate while offering a compact one-bedroom-plus-den footprint that trades total space for a tighter, more efficient layout.
3006 William Cutmore Blvd, Oakville
2470 Prince Michael Dr, Oakville
3401 Ridgeway Drive / 3473 Widdicombe Way, Mississauga
Comparable Analysis & Questions
How do rental rates at Clockwork at Upper Joshua Creek - Building 1 compare to neighbouring buildings within Oakville North?
Clockwork at Upper Joshua Creek – Building 1 realized an average lease rent of $2,544 per month, sitting $77 below the four-comparable benchmark of $2,621, with the spread driven primarily by the two larger Emporium towers pulling the average upward. Clockwork at Upper Joshua Creek – Building 2 (3006 William Cutmore Blvd, 0.02 km, 15 closed leases) averaged $2,437 per month at $3.57 per square foot across 689 square feet, meaning the subject commands $107 more per month. Emporium II – North Tower (2480 Prince Michael Dr, 0.99 km, 4 closed leases) averaged $2,750 per month at $2.86 per square foot across 975 square feet, placing the subject $206 lower. Emporium at Joshua Creek – South Tower (2470 Prince Michael Dr, 1.0 km, 4 closed leases) averaged $3,013 per month at $3.14 per square foot across 966 square feet, with the subject trading $469 below. The Wilmot (1005 Dundas Street E, 1.51 km, 31 closed leases) averaged $2,284 per month at $3.45 per square foot across 664 square feet, where the subject commands $260 more per month.
Does Clockwork at Upper Joshua Creek - Building 1 offer a competitive price-per-square-foot ($/SF) against local comparables?
Clockwork at Upper Joshua Creek – Building 1 leases at $3.57 per square foot across an average 730-square-foot suite, a rate that sits above the comp benchmark of $3.26 per square foot and the submarket average of $3.48 per square foot, while the footprint is 94 square feet smaller than the comp mean of 824. Against Clockwork Building 2, the subject trades at identical per-square-foot parity but provides 41 more interior square feet, yielding a $107 monthly premium that reflects the additional space rather than a rate advantage. Versus Emporium II – North Tower, the subject commands a $0.71 per square foot (24.8%) premium yet delivers 245 fewer square feet, so the $206 lower nominal rent is a function of the smaller interior footprint, not a discount in asset valuation. The same dynamic holds against Emporium at Joshua Creek – South Tower, where the subject carries a $0.43 per square foot (13.7%) premium over 236 fewer square feet, producing a $469 lower monthly rent driven entirely by reduced space. Against The Wilmot, the subject trades at a $0.12 per square foot (3.5%) premium while providing 66 more square feet, resulting in a $260 higher monthly rent that blends both rate and size advantages.
How do building age, amenities, and developer reputation impact rent spreads?
Clockwork at Upper Joshua Creek – Building 1 offers a ten-feature lifestyle package including a yoga studio, rooftop terrace, pet wash station, and garden courtyard, positioning it as a wellness- and pet-friendly mid-rise that differentiates from the aquatic-heavy Emporium towers and the business-oriented The Wilmot. The subject's yoga studio is absent from both Emporium II – North Tower and Emporium at Joshua Creek – South Tower, which instead anchor their amenity decks around indoor and outdoor pools, hot tubs, saunas, and media rooms. The pet wash station sets the subject apart from The Wilmot and both Emporium towers, none of which include a dedicated pet-care facility. Conversely, The Wilmot offers an EV charging station, business centre, and dining room that the subject does not provide, while Building 2 adds a hobby room and dining kitchen beyond the subject's offering. The Emporium towers' pool-and-spa complex represents a fundamentally different lifestyle proposition—resort-style aquatic recreation versus the subject's active-wellness and community-gathering model. This amenity mix best serves young professionals and small households who prioritize daily fitness, outdoor terrace access, and pet convenience over resort-style leisure facilities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Clockwork at Upper Joshua Creek - Building 1.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Party & Lounge Room
- Meeting Room
- Rooftop Terrace
- BBQ Area
- Pet Wash Station
- Garden & Courtyard
- Automated parcel storage
Residential Buildings in the Vicinity
- Clockwork at Upper Joshua Creek - Building 223 m
- Emporium II - North Tower987 m
- Emporium at Joshua Creek - South Tower999 m
- The Wilmot1.5 km
- The Post on Dundas1.9 km
- The Way Urban Towns2.2 km
- Minto Oak Village2.3 km
- Oakvillage - Tower 22.3 km
- North Oak - Tower 4A2.3 km
- North Oak - Tower 4B2.3 km
- Oakvillage2.3 km
- Upper West Side2.3 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Clockwork at Upper Joshua Creek - Building 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.
