Market Data as of August 31, 2026
iLoft at Mystic Pointe — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
iLoft at Mystic Pointe at 155 Legion Rd N in Etobicoke's Mimico neighbourhood is a fully occupied, 254-suite residential building completed in 2011 by Camrost Felcorp, with zero units currently listed as of August 31, 2026. The building closed one lease in the trailing 30 days at an average of $3,200 per month and four leases over the past 90 days averaging $2,600 per month, with average days on market of six and nineteen days respectively across those windows.
Because no active listings exist, asking-rent and rate-per-square-foot comparisons against the Mimico submarket asking benchmark of $3,313 per month and $4.43 per square foot cannot be calculated for this building. Historical closed leases averaged $2,691 per month at $3.71 per square foot across an average footprint of 747 square feet, which sits below the submarket's realized lease rate of $3.96 per square foot, indicating the building has historically offered a more competitive rate per square foot than the broader Mimico market.
With zero active listings and zero delisted units, marketing friction is effectively absent from the current picture, though the six-day average DOM on the most recent 30-day lease suggests strong tenant demand when a unit does come to market. Across all eight tracked leases, tenants negotiated an average discount of $53 per month, or 2.07 percent below asking, with 50 percent of closed transactions settling under the initial ask, translating to roughly $636 in annual savings per unit. The dominant leased layout is the one-bedroom-plus-den configuration at 50 percent of tracked transactions, and parking premium data remains inconclusive due to insufficient paired samples.
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Last Realized Lease
Transaction metrics for the most recently leased suite
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 iLoft at Mystic Pointe (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at iLoft at Mystic Pointe last month, and how fast did they rent?
iLoft at Mystic Pointe closed one lease in the trailing 30 days with a 6-day DOM, compared to a 19-day average over 90 days and a 24-day Mimico submarket benchmark. The building recorded four closings over 90 days and eight over the full trailing year, indicating leasing cadence accelerated sharply in August after a slower spring-to-summer stretch. Lifetime volume of eight leases across 254 suites confirms this is a low-turnover, high-occupancy asset rather than a high-velocity leasing machine.
What is the negotiation spread between asking rents and closed lease prices at iLoft at Mystic Pointe?
iLoft at Mystic Pointe tenants negotiated an average discount of $53 per month (2.07% below asking), translating to $636 in annual savings per unit. Exactly 50% of tracked leases closed under the listed asking price, confirming measurable tenant leverage and landlord concession across the sample. This is a tenant-favorable outcome where landlords absorbed a small pricing gap to close deals, not a landlord premium or revenue gain.
What are typical executed lease prices across different layouts at iLoft at Mystic Pointe?
The 1-Bedroom + Den layout dominates iLoft at Mystic Pointe with four closed leases averaging $2,731 per month and a 15-day DOM, while the 1-Bedroom tier logged two closings at $2,400 per month with a 22-day DOM. The 1-Bedroom + Den sample (4 deals) is a limited directional indicator: median rent $2,662, P25–P75 range $2,494 to $2,900, average size 800 sq ft at $3.43 per square foot. The 1-Bedroom sample (2 deals) is likewise a small directional reference: median $2,400, P25–P75 range $2,225 to $2,575, average size 575 sq ft at $4.40 per square foot. The 2-Bedroom tier records a single individual transaction at $2,800 per month, 750 sq ft, $3.73 per square foot, and a 50-day DOM—this is one deal, not a statistical benchmark. The 2-Bedroom + Den tier also reflects a single individual transaction at $3,000 per month, 875 sq ft, $3.43 per square foot, and a 3-day DOM, likewise not a broad benchmark.
What measurable rent premium did suites with parking achieve in closed leases at iLoft at Mystic Pointe?
iLoft at Mystic Pointe does not have a reliably isolable leased parking premium because paired suite-and-parking data is insufficient to calculate a verified monthly differential. Parking at this building appears bundled into suite rents rather than listed as a standalone line item, and no active asking parking rate exists for comparison. Treat any parking value at this address as inconclusive until a larger paired sample emerges.
How does the lease-to-listing ratio at iLoft at Mystic Pointe reflect current tenant demand?
iLoft at Mystic Pointe shows a volatile rent trajectory across the April-to-August 2026 window, swinging from $2,800 in spring to a $3,200 peak in August. April closed one deal at $2,800 per month ($3.29 per square foot, 12-day DOM). May saw three closings averaging $2,775 per month ($3.51 per square foot, 22-day DOM). June dropped to one deal at $2,400 per month ($3.69 per square foot, 28-day DOM)—the nominal decline reflects a compact suite footprint, not property devaluation. July held at $2,400 per month across two deals but jumped to $4.40 per square foot (22-day DOM), again driven by smaller unit sizes rather than a rate cut. August closed one deal at $3,200 per month ($3.37 per square foot, 6-day DOM), the highest nominal rent and fastest lease-up of the tracked period.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 1 | 2800 | 750 | 3.73 | 46 |
| 2026-04-28 | 1 | 2800 | 750 | 3.73 | 47 |
| 2026-04-29 | 1 | 2800 | 750 | 3.73 | 48 |
| 2026-04-30 | 1 | 2800 | 750 | 3.73 | 49 |
| 2026-05-08 | 2 | 2499 | 700 | 3.59 | N/A |
| 2026-05-09 | 2 | 2499 | 700 | 3.59 | 1 |
| 2026-05-10 | 2 | 2499 | 700 | 3.59 | 2 |
| 2026-05-11 | 2 | 2499 | 700 | 3.59 | 3 |
| 2026-05-12 | 2 | 2499 | 700 | 3.59 | 4 |
| 2026-05-13 | 3 | 2666 | 758 | 3.53 | 3 |
| 2026-05-14 | 3 | 2666 | 758 | 3.53 | 4 |
| 2026-05-15 | 3 | 2666 | 758 | 3.53 | 5 |
| 2026-05-16 | 2 | 2499 | 700 | 3.59 | 8 |
| 2026-05-17 | 2 | 2499 | 700 | 3.59 | 9 |
| 2026-05-18 | 2 | 2499 | 700 | 3.59 | 10 |
| 2026-05-19 | 2 | 2499 | 700 | 3.59 | 11 |
| 2026-05-20 | 2 | 2499 | 700 | 3.59 | 12 |
| 2026-05-21 | 1 | 2498 | 650 | 3.84 | 13 |
| 2026-05-22 | 1 | 2498 | 650 | 3.84 | 14 |
| 2026-05-23 | 1 | 2498 | 650 | 3.84 | 15 |
| 2026-05-24 | 1 | 2498 | 650 | 3.84 | 16 |
| 2026-05-25 | 1 | 2498 | 650 | 3.84 | 17 |
| 2026-05-26 | 1 | 2498 | 650 | 3.84 | 18 |
| 2026-05-27 | 1 | 2498 | 650 | 3.84 | 19 |
| 2026-05-28 | 1 | 2498 | 650 | 3.84 | 20 |
| 2026-05-29 | 1 | 2498 | 650 | 3.84 | 21 |
| 2026-05-30 | 1 | 2498 | 650 | 3.84 | 22 |
| 2026-05-31 | 1 | 2498 | 650 | 3.84 | 23 |
| 2026-06-01 | 1 | 2498 | 650 | 3.84 | 24 |
| 2026-06-02 | 1 | 2498 | 650 | 3.84 | 25 |
| 2026-06-03 | 1 | 2498 | 650 | 3.84 | 26 |
| 2026-06-04 | 1 | 2498 | 650 | 3.84 | 27 |
| 2026-06-12 | 1 | 2050 | 400 | 5.13 | N/A |
| 2026-06-13 | 1 | 2050 | 400 | 5.13 | 1 |
| 2026-06-14 | 1 | 2050 | 400 | 5.13 | 2 |
| 2026-06-15 | 1 | 2050 | 400 | 5.13 | 3 |
| 2026-06-16 | 1 | 2050 | 400 | 5.13 | 4 |
| 2026-06-17 | 1 | 2050 | 400 | 5.13 | 5 |
| 2026-06-18 | 1 | 2050 | 400 | 5.13 | 6 |
| 2026-06-19 | 1 | 2050 | 400 | 5.13 | 7 |
| 2026-06-20 | 1 | 2050 | 400 | 5.13 | 8 |
| 2026-06-21 | 1 | 2050 | 400 | 5.13 | 9 |
| 2026-06-22 | 1 | 2050 | 400 | 5.13 | 10 |
| 2026-06-23 | 1 | 2050 | 400 | 5.13 | 11 |
| 2026-06-24 | 1 | 2050 | 400 | 5.13 | 12 |
| 2026-06-25 | 1 | 2050 | 400 | 5.13 | 13 |
| 2026-06-26 | 1 | 2050 | 400 | 5.13 | 14 |
| 2026-06-27 | 1 | 2050 | 400 | 5.13 | 15 |
| 2026-06-28 | 1 | 2050 | 400 | 5.13 | 16 |
| 2026-06-29 | 1 | 2050 | 400 | 5.13 | 17 |
| 2026-06-30 | 2 | 2450 | 575 | 4.46 | 9 |
| 2026-07-01 | 2 | 2450 | 575 | 4.46 | 10 |
| 2026-07-02 | 2 | 2450 | 575 | 4.46 | 11 |
| 2026-07-03 | 2 | 2450 | 575 | 4.46 | 12 |
| 2026-07-04 | 2 | 2450 | 575 | 4.46 | 13 |
| 2026-07-05 | 2 | 2450 | 575 | 4.46 | 14 |
| 2026-07-06 | 2 | 2450 | 575 | 4.46 | 15 |
| 2026-07-07 | 2 | 2450 | 575 | 4.46 | 16 |
| 2026-07-08 | 1 | 2050 | 400 | 5.13 | 26 |
| 2026-07-09 | 1 | 2050 | 400 | 5.13 | 27 |
| 2026-07-10 | 1 | 2050 | 400 | 5.13 | 28 |
| 2026-07-11 | 1 | 2050 | 400 | 5.13 | 29 |
| 2026-07-12 | 1 | 2050 | 400 | 5.13 | 30 |
| 2026-07-13 | 1 | 2050 | 400 | 5.13 | 31 |
| 2026-07-14 | 1 | 2050 | 400 | 5.13 | 32 |
| 2026-07-15 | 1 | 2050 | 400 | 5.13 | 33 |
| 2026-07-16 | 1 | 2050 | 400 | 5.13 | 34 |
| 2026-08-05 | 1 | 3200 | 950 | 3.37 | N/A |
| 2026-08-06 | 1 | 3200 | 950 | 3.37 | 1 |
| 2026-08-07 | 1 | 3200 | 950 | 3.37 | 2 |
| 2026-08-08 | 1 | 3200 | 950 | 3.37 | 3 |
| 2026-08-09 | 1 | 3200 | 950 | 3.37 | 4 |
| 2026-08-10 | 1 | 3200 | 950 | 3.37 | 5 |
12-Month Market Dynamics & Trend Trajectory
iLoft at Mystic Pointe realized an average lease rent of $2,691 per month and $3.71 per square foot over its tracked history, sitting roughly 7% below the Mimico submarket average of $2,896 per month and 6.6% below the submarket rate of $3.96 per square foot. The building's 19-day average DOM also undercuts the 24-day submarket benchmark, suggesting tenants in this Etobicoke address clear slightly faster and at a modest discount to broader Mimico pricing. Pricing discipline at iLoft at Mystic Pointe skews tenant-favorable: 50% of tracked leases closed below asking, with an average concession of $53 per month (2.07%) and $636 in annualized tenant savings per unit. The net negotiation spread of -$53 confirms landlords absorbed a small but consistent discount to close deals rather than holding firm at list price. This pattern indicates moderate landlord flexibility in a market where tenants have enough comparable options to push back on price, even in a low-vacancy building.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 1 | 2800 | 750 | 3.73 | 50 |
| 2026-05-03 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-10 | 1 | 3000 | 875 | 3.43 | 3 |
| 2026-05-17 | 1 | 2525 | 750 | 3.37 | 13 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 1 | 2400 | 650 | 3.69 | 28 |
| 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 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 1 | 2750 | 750 | 3.67 | 8 |
| 2026-07-12 | 1 | 2050 | 400 | 5.13 | 35 |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 1 | 3200 | 950 | 3.37 | 6 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
iLoft at Mystic Pointe (155 Legion Rd N, Etobicoke) sits in a tightly clustered Mimico pocket where four nearby buildings all recorded closed lease transactions over the trailing 180 days. The closest competitor, Tides at Mystic Pointe at 185 Legion Rd N, is just 0.03 kilometres away, completed in 2006, and logged 9 closed leases. Sunset at California Condos at 165 Legion Rd N, 0.04 kilometres to the east, was built in 2013 and closed 14 leases. Lofts at Mystic Pointe on 300 Manitoba St, 0.08 kilometres away, dates to 1998 and recorded 2 closed leases. Phoenix at 251 Manitoba St, 0.12 kilometres south, is the newest asset in the set (completed 2022) and posted the highest transaction volume at 25 closed leases. All four peers carry active leasing activity, giving a full-spectrum pricing reference across three distinct construction eras—late-1990s, mid-2000s, early-2010s, and 2022. The four-composite benchmark averages $2,648 per month in realized rent, $3.67 per square foot, and 756 square feet of interior space. iLoft at Mystic Pointe's trailing 180-day realized average of $2,691 per month and $3.71 per square foot places the subject marginally above the comp midpoint on both rent and rate, while its 747-square-foot average suite runs 9 square feet below the peer mean. Against the Mimico submarket-wide leased benchmark of $2,896 per month and $3.96 per square foot, the subject trades at a meaningful discount, reflecting its 2011 construction date and mid-tier positioning within a pocket that now includes a 2022-built competitor commanding higher per-square-foot rates.
Comparable Analysis & Questions
How do rental rates at iLoft at Mystic Pointe compare to neighbouring buildings within Mimico?
iLoft at Mystic Pointe's average realized lease rent of $2,691 per month runs $43 above the four-comp benchmark of $2,648, positioning it slightly ahead of the immediate peer set. Tides at Mystic Pointe (185 Legion Rd N, 0.03 km, 9 closed leases) averaged $2,936 per month at $3.68 per square foot across 826 square feet, placing the subject $245 below that mark. Sunset at California Condos (165 Legion Rd N, 0.04 km, 14 closed leases) realized $2,389 per month at $4.13 per square foot over 598 square feet, meaning the subject commands $302 more per month. Lofts at Mystic Pointe (300 Manitoba St, 0.08 km, 2 closed leases) averaged $2,825 per month at $2.94 per square foot across 975 square feet, with the subject trading $134 lower. Phoenix (251 Manitoba St, 0.12 km, 25 closed leases) posted $2,443 per month at $3.94 per square foot over 623 square feet, leaving the subject $248 higher in nominal monthly rent.
Does iLoft at Mystic Pointe offer a competitive price-per-square-foot ($/SF) against local comparables?
iLoft at Mystic Pointe leases at $3.71 per square foot across an average 747-square-foot suite, a rate that sits $0.04 above the four-comp average of $3.67 per square foot while offering 9 fewer square feet than the peer mean of 756. Against Tides at Mystic Pointe, the subject commands a $0.03 per square foot (0.8%) premium yet provides 79 fewer interior square feet, so the lower nominal rent of $245 per month is driven entirely by the smaller footprint rather than a weaker rate. Versus Sunset at California Condos, the subject trades at a $0.42 per square foot (10.2%) discount and delivers 149 more interior square feet; the $302-per-month higher rent is a function of that larger footprint, not a higher per-square-foot valuation. Lofts at Mystic Pointe shows the sharpest contrast: the subject commands a $0.77 per square foot (26.2%) premium over that 1998-built building while providing 228 fewer square feet, compressing the nominal rent $134 below the comp. Phoenix presents a similar trade-off to Sunset—the subject trades at a $0.23 per square foot (5.8%) discount and offers 124 more square feet, so the $248-per-month higher rent reflects additional interior space rather than a rate premium.
How do building age, amenities, and developer reputation impact rent spreads?
iLoft at Mystic Pointe fields a 16-item amenity suite spanning aquatic, wellness, fitness, social, and remote-work categories, placing it ahead of two of its four immediate competitors on lifestyle breadth. The subject's indoor pool, hot tub and jacuzzi, squash and racquetball court, dining room and kitchen, media and theatre room, and library and reading room are all absent from Phoenix (251 Manitoba St), which substitutes a pet wash station, treatment room, and business centre for those spaces. Lofts at Mystic Pointe (300 Manitoba St) lacks the subject's indoor pool, outdoor pool, yoga studio, dining room and kitchen, media and theatre room, and library, offering a leaner 11-feature package. Tides at Mystic Pointe (185 Legion Rd N) and Sunset at California Condos (165 Legion Rd N) match or exceed the subject's amenity count, with Tides adding a business centre, hobby room, card room, garden and courtyard, and outdoor jogging track, while Sunset contributes a dog run, volleyball court, running track, and shared laundry room. The subject's full aquatic-and-wellness package—indoor pool, outdoor pool, hot tub, sauna and steam room, squash court—combined with dedicated dining, media, and library spaces targets the professional renter who prioritizes on-site recreation and social hosting over pet-specific or outdoor-sport amenities, a demographic that values a turnkey lifestyle without the need for off-site gym memberships or community facilities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around iLoft at Mystic Pointe.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Indoor Pool
- Outdoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Squash & Racquetball Court
- Party & Lounge Room
- Meeting Room
- Dining Room & Kitchen
- Media & Theatre Room
- Games & Billiards Room
- Library & Reading Room
- BBQ Area
- Rooftop Terrace
Residential Buildings in the Vicinity
- Tides at Mystic Pointe31 m
- Sunset at California Condos36 m
- Lofts at Mystic Pointe79 m
- Phoenix115 m
- Skylofts at Mystic Pointe140 m
- Mystic Pointe Skylofts II225 m
- South Beach Condos - East Tower238 m
- South Beach Condos - West Tower241 m
- The Legends at Mystic Pointe251 m
- The Dalesford273 m
- Key West Condos307 m
- Westlake Encore381 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for iLoft at Mystic Pointe.
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.