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Market Data as of August 31, 2026

NY2 — Rental Market Data

18 Rean Dr, North York, Ontario M2K 0C7
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,300/mo
Date Leased: August 28, 2026
Rent psf$4.18/sf
Turnover Velocity21 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2014
Total Suites140
DeveloperDaniels Corporation

NY2 is a residential community located in North York, Ontario. Completed in 2014, the property features an estimated 140 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 $2,300/month ($4.18/SF).

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,300/mo
Date LeasedAugust 28, 2026
Rent psf$4.18/sf
Turnover Velocity21 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 NY2 (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,300
Avg Leased Size550 sf
Avg Days to Lease21d
Leased $/SF$4.18

Leased Transaction Insights & Questions

How many suites were leased at NY2 last month, and how fast did they rent?

Over For the month of August 2026, 1 residential lease transaction closed at NY2, leasing in an average of 21 days on market.

What is the negotiation spread between asking rents and closed lease prices at NY2?

Completed lease contracts averaged $2,300/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 NY2?

Executed lease contracts averaged $2,300/month ($4.18/SF) across closed suites.

What measurable rent premium did suites with parking achieve in closed leases at NY2?

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

How does the lease-to-listing ratio at NY2 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Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at NY2 (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,450
Avg Suite Size550 sf
Avg Days on Market92d
Delisted $/SF$4.45

De-Listed Market Analysis & Questions

How many listings de-listed at NY2, and what was their re-listing price compared to previous asking?

During August 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 NY2?

Withdrawn listings had an average asking rate of $2,450/month ($4.45/SF) prior to removal.

What market friction causes rental listings to stall or de-list at NY2?

Listings spent an average of 92 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)
2026-04-27120004005.007
2026-04-28120004005.008
2026-04-29120004005.009
2026-04-30120004005.0010
2026-05-01120004005.0011
2026-05-02120004005.0012
2026-05-03120004005.0013
2026-05-04120004005.0014
2026-05-05120004005.0015
2026-05-06120004005.0016
2026-05-07120004005.0017
2026-05-08120004005.0018
2026-05-09120004005.0019
2026-05-10120004005.0020
2026-05-11120004005.0021
2026-05-12120004005.0022
2026-05-13120004005.0023
2026-05-14120004005.0024
2026-05-15120004005.0025
2026-05-16120004005.0026
2026-05-17120004005.0027
2026-05-18120004005.0028
2026-05-19120004005.0029
2026-05-20120004005.0030
2026-05-21120004005.0031
2026-05-22120004005.0032
2026-05-23120004005.0033
2026-05-24120004005.0034
2026-05-25321675004.3912
2026-05-26321675004.3913
2026-05-27422385134.4110
2026-05-28422385134.4111
2026-05-29422385134.4112
2026-05-30422385134.4113
2026-05-31422385134.4114
2026-06-01422385134.4115
2026-06-02422385134.4116
2026-06-03422385134.4117
2026-06-04422385134.4118
2026-06-05322505004.5522
2026-06-06222254754.7329
2026-06-07222254754.7330
2026-06-08222254754.7331
2026-06-09222254754.7332
2026-06-10124505504.4514
2026-06-11124505504.4515
2026-06-12124505504.4516
2026-06-13124505504.4517
2026-06-14124505504.4518
2026-06-15124505504.4519
2026-06-16124505504.4520
2026-06-17124505504.4521
2026-06-18124505504.4522
2026-06-19124505504.4523
2026-06-20124505504.4524
2026-06-21124505504.4525
2026-06-22226756873.9913
2026-06-23226756873.9914
2026-06-24226756873.9915
2026-06-25226756873.9916
2026-06-26226756873.9917
2026-06-27226756873.9918
2026-06-28226756873.9919
2026-06-29226756873.9920
2026-06-30226756873.9921
2026-07-01226756873.9922
2026-07-02226756873.9923
2026-07-03226756873.9924
2026-07-04226756873.9925
2026-07-05226756873.9926
2026-07-06226756873.9927
2026-07-07226756873.9928
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2026-07-10226756873.9931
2026-07-11226756873.9932
2026-07-12226756873.9933
2026-07-13226756873.9934
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2026-07-19226756873.9940
2026-07-20226756873.9941
2026-07-21226756873.9942
2026-07-22226756873.9943
2026-07-23226756873.9944
2026-07-24226756873.9945
2026-07-25124505504.4559
2026-07-26124505504.4560
2026-07-27124505504.4561
2026-07-28124505504.4562
2026-07-29124505504.4563
2026-07-30124505504.4564
2026-07-31124505504.4565
2026-08-01124505504.4566
2026-08-02124505504.4567
2026-08-03124505504.4568
2026-08-04124505504.4569
2026-08-05124505504.4570
2026-08-06124505504.4571
2026-08-07223755504.3236
2026-08-08223755504.3237
2026-08-09223755504.3238
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2026-08-11223755504.3240
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2026-08-21223755504.3250
2026-08-22223755504.3251
2026-08-23223755504.3252
2026-08-24223755504.3253
2026-08-25223755504.3254
2026-08-26223755504.3255
2026-08-27123005504.1820

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at NY2 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)
2026-05-31222255504.0512
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
2026-07-19127508243.3433
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23123005504.1821

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 NY2 with 6 tracked residential buildings in the immediate vicinity.

591 Sheppard Ave E, North York

Avg Asking$2,686/mo
Avg $/SF$3.94
Rent Spread:
N/A

15 Rean Dr, North York

Avg Asking$2,820/mo
Avg $/SF$3.34
Rent Spread:
N/A

27 Rean Dr, North York

Avg Asking$2,304/mo
Avg $/SF$3.83
Rent Spread:
N/A

23 Rean Dr, North York

Avg Asking$4,380/mo
Avg $/SF$4.69
Rent Spread:
N/A

8 Rean Dr, North York

Avg Asking$2,850/mo
Avg $/SF$4.51
Rent Spread:
N/A

2 Rean Dr, North York

Avg Asking$2,837/mo
Avg $/SF$3.48
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at NY2 compare to neighbouring buildings within Don Valley North?

At $0/month ($0.00/SF), NY2 maintains a competitive market position compared to surrounding properties.

Does NY2 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 NY2 and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around NY2.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Cafe

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for NY2.

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.