University Towns — Rental Market Data

University Towns has two active rental listings as of August 31, 2026, with asking rents ranging from $1,375 to $1,600 per month, an average of $1,488 per month, and a median of $1,488 per month. Both units are 400-square-foot studios carrying an average asking rate of $3.72 per square foot. The entire active inventory consists of entry-level studio layouts, with no one-bedroom, two-bedroom, or multi-bedroom units currently available for rent at this address.

The sole active layout at University Towns is the studio, accounting for both available units and a 100 percent share of current inventory. The two studio listings average $1,488 per month in asking rent across 400 square feet, translating to $3.72 per square foot. No other bedroom tiers are represented in the active listing pool as of the reporting date.

University Towns shows a minimum entry asking rent of $1,375 per month and a peak asking rent of $1,600 per month, producing a dollar spread of $225 and a percentage spread of 16.4 percent. The median asking rent across the two active units is $1,488 per month. The entry-level suite is a 400-square-foot studio at $3.44 per square foot, while the peak suite is also a 400-square-foot studio priced at $4.00 per square foot, meaning the spread reflects unit-specific pricing rather than a layout or size differential.

Active den premiums and square-footage deltas at University Towns cannot be quantified from the current two-unit sample, as no den-equipped listings are present in the active inventory. Parking stall costs likewise cannot be reliably isolated; the available paired data is flagged as an anomalous outlier or insufficient sample, so no specific monthly parking fee can be quoted for prospective tenants.

University Towns asks an average of $1,488 per month at $3.72 per square foot, compared to the Oshawa submarket asking benchmark of $2,004 per month at $3.29 per square foot. The building's nominal rent is lower than the submarket average, but that gap is driven entirely by the 400-square-foot studio footprint versus the larger suites dominating submarket listings; on a per-square-foot basis, University Towns commands a 13.1 percent premium over the submarket asking rate. The two active units represent 2 out of 50 available listings in the Oshawa submarket, or 4 percent of total active inventory.

University Towns' all-time average realized lease rent of $1,700 per month sits $104 below the four-building comp-set average of $1,804, with University Studios at 1900 Simcoe St N (0.18 km, 28 closed leases) and Tomlin Tower at 131 Taunton Rd E (1.5 km, 1 closed lease) as the only active pricing benchmarks. University Studios closed leases averaging $1,357 per month at $3.39 per square foot across 400 square feet, meaning the subject commands a $343-per-month higher realized rent than that nearest competitor. Tomlin Tower's single closed lease averaged $2,250 per month at $2.25 per square foot across 1,000 square feet, placing the subject $550 per month below that 1977-era high-rise. U.C. Tower Condominiums at 2250 Simcoe Street (1.25 km, completed 2022) and 97 Nonquon Road (1.84 km, scheduled 2026) each recorded zero closed leases over the trailing 180 days, so neither provides a realized rent figure against which to benchmark University Towns.

University Towns leases at an all-time average of $3.02 per square foot across 583 square feet, a rate that sits above the comp-set average of $2.82 per square foot but below the Oshawa submarket leased benchmark of $3.30 per square foot, while its interior footprint is 117 square feet smaller than the 700-square-foot comp mean. Against University Studios (0.18 km, 28 closed leases), the subject trades at a $0.37-per-square-foot (10.9%) discount, offering 183 more interior square feet for a $343 higher monthly rent; the nominal rent gap is driven by the larger footprint rather than a per-unit valuation premium. Against Tomlin Tower (1.5 km, 1 closed lease), the subject commands a $0.77-per-square-foot (34.2%) premium over the 1977 building's $2.25 rate, yet provides 417 fewer interior square feet, meaning the $550 lower monthly rent reflects the substantially larger suite size in Tomlin Tower rather than a weaker asset valuation at University Towns. U.C. Tower Condominiums and 97 Nonquon Road recorded zero lease transactions in the trailing 180 days and function solely as architectural and amenity references, not active pricing benchmarks.

University Towns offers a seven-feature lifestyle package—concierge and security, shared laundry, gym and fitness centre, party and lounge room, meeting room, BBQ area, and rooftop terrace—that overlaps substantially with its nearest active peer while differentiating on outdoor and communal space. Compared with University Studios (1900 Simcoe St N), the subject adds a rooftop terrace and shared laundry room that University Studios lacks, while University Studios counters with a media and theatre room, a dedicated dining room and kitchen, and parcel lockers absent from University Towns. Against Tomlin Tower (131 Taunton Rd E), the subject provides a BBQ area and rooftop terrace that the 1977 building does not, though Tomlin Tower includes a games and billiards room that University Towns omits. The zero-volume references—U.C. Tower Condominiums with its pet wash station, business centre, outdoor fireplaces, and dining room, and 97 Nonquon Road with a shared laundry room only—illustrate the amenity range renters in this pocket expect from newer or forthcoming stock. University Towns' package best serves cost-conscious young professionals and graduate students who prioritize a functional fitness centre, flexible meeting space, and outdoor social areas over the specialized media, dining, or pet facilities found in adjacent buildings.