Market Data as of August 31, 2026
University Studios — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
University Studios at 1900 Simcoe St N in Oshawa is an established residential building completed in 2019 by Podium Developments & Building Capital. Featuring 308 suites across the community, the property maintains 5 active listings, translating to an availability rate of 1.6 percent. Over the past 90 days, the building recorded 21 closed leases averaging 32 days on the market, while the past 30 days saw 9 closed leases averaging 27 days on the market.
Active asking rents average $1,420 per month at $3.55 per square foot, tracking above realized 90-day leases which averaged $1,353 per month at $3.38 per square foot. Current active listings average 400 square feet, perfectly matching historical lease averages. The building's active asking rate of $3.55 per square foot sits above the broader Oshawa submarket asking benchmark of $3.29 per square foot.
Marketing friction remains low, evidenced by unrented properties sitting for an average of 54 days compared to 30 days for successfully leased homes, while tenants successfully negotiated a 2.48 percent average discount below asking across 38.5 percent of recent deals. Prospective tenants will find the deepest inventory concentrated within the Studio layout tier, whereas 1-Bedroom suites offer scarce availability with only a single unit currently listed.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at University Studios as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at University Studios recently?
University Studios features 5 active listings as of August 31, 2026, with asking rents spanning from $1,350 to $1,500 per month and an average of $1,420 per month alongside a median asking rent of $1,400 per month. Active suites average 400 square feet with an asking rate of $3.55 per square foot. Studio layouts dominate the active inventory at an 80 percent share, highlighting a clear tilt toward compact, entry-level student-oriented suites rather than multi-bedroom executive floor plans.
What floor plans and unit layouts are currently available at University Studios?
Studio suites dominate the active inventory at University Studios with 4 listings representing an 80 percent share, commanding an average rent of $1,438 per month across an average of 400 square feet at $3.59 per square foot. The remaining inventory consists of a single 1-Bedroom suite accounting for a 20 percent share, listed at an average of $1,350 per month across 400 square feet at $3.38 per square foot.
What is the average asking rent and $/SF by suite size at University Studios?
University Studios displays an entry rent of $1,350 per month and a peak asking rent of $1,500 per month, generating a dollar spread of $150 and an asking spread of 11.1 percent. The median asking rent sits at $1,400 per month across the available pool. The minimum entry-level suite is represented by a 1-Bedroom layout spanning 400 square feet at $3.38 per square foot, while the peak tier is anchored by a Studio layout spanning 400 square feet at $3.75 per square foot.
How much extra do parking spaces and dens cost at University Studios?
Active den premium data for University Studios is unquantified as active den square footage deltas are null. Active parking premiums are verified at $125 per month for available stalls.
How do asking rents at University Studios compare to local and municipal benchmarks?
University Studios commands an average asking rent of $1,420 per month at $3.55 per square foot, which compares to the broader Oshawa submarket asking benchmark of $2,004 per month at $3.29 per square foot. The lower nominal monthly outlay at the building is driven by compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot tracks 7.9 percent above the submarket asking benchmark while representing 10 percent of active submarket 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 University Studios (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at University Studios last month, and how fast did they rent?
University Studios recorded an average of 27 days on market over the past 30 days, 32 days over the past 90 days, and a lifetime average of 30 days compared to the Oshawa submarket benchmark of 25 days. Leasing velocity accelerated significantly through the summer months, with closed lease counts rising from 1 deal in April and 4 deals in May to 10 deals in July and 9 deals in August.
What is the negotiation spread between asking rents and closed lease prices at University Studios?
University Studios tenants secured an average discount of $36 per month, representing a 2.48% reduction below asking and delivering $432 in annual tenant savings per lease. Exactly 38.5% of completed transactions closed below asking price, reflecting tangible tenant leverage and landlord concessions in a competitive rental environment.
What are typical executed lease prices across different layouts at University Studios?
University Studios anchors its rental inventory with Studio suites, which averaged $1,361 per month (median $1,300 per month, P25-P75 range of $1,300 to $1,450 per month) across 24 closed leases with an average of 400 square feet at $3.40 per square foot and 28 days on market. The remaining 1-Bedroom tier represents a limited sample size of 2 closed leases averaging $1,300 per month (median $1,300 per month, P25-P75 range of $1,275 to $1,325 per month) across an average of 400 square feet at $3.25 per square foot with 57 days on market, serving as a directional reference rather than a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at University Studios?
University Studios achieved a verified leased parking premium of $171 per month for dedicated vehicle spaces. Parking stalls are typically bundled into suite agreements or negotiated independently, contrasting with active asking parking rates currently listed at $125 per month.
How does the lease-to-listing ratio at University Studios reflect current tenant demand?
University Studios experienced a steady upward rent trajectory from spring through late summer across the tracked monthly leasing timeline. In April 2026, 1 unit closed at an average of $1,400 per month and $3.50 per square foot with 48 days on market. In May 2026, 4 units closed at an average of $1,363 per month and $3.41 per square foot with 18 days on market. In June 2026, 2 units closed at an average of $1,300 per month and $3.25 per square foot with 33 days on market. In July 2026, 10 units closed at an average of $1,307 per month and $3.27 per square foot with 37 days on market. In August 2026, leasing activity rebounded with 9 units closing at an average of $1,417 per month and $3.54 per square foot with 27 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at University Studios (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at University Studios, and what was their re-listing price compared to previous asking?
University Studios recorded 2 delisted units against 9 closed leases, representing a delisted-to-leased ratio of 22.2% comprised entirely of terminated listings with zero expired or suspended files. This indicates a healthy market turnover ratio where approximately 1 listing was withdrawn for every 4.5 successful leases.
How do asking prices on de-listed suites compare to executed leases and active listings at University Studios?
University Studios unrented units asked an average of $1,400 per month, which was $17 per month below realized lease averages nominally due to smaller average floor plans, but commanded a higher rate per square foot of $3.50 per square foot compared to the realized lease average of $3.39 per square foot.
What market friction causes rental listings to stall or de-list at University Studios?
University Studios unrented listings lingered on the market for an average of 54 days compared to the realized lease average of 30 days, resulting in 27 excess days of vacancy carrying costs. Overpricing and pushback on price translated directly into nearly a full month of lost rental income plus ongoing monthly condo maintenance fees for landlords who missed market expectations.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 5 | 1420 | 400 | 3.55 | 32 |
| 2026-04-28 | 7 | 1443 | 400 | 3.61 | 23 |
| 2026-04-29 | 6 | 1450 | 400 | 3.63 | 20 |
| 2026-04-30 | 7 | 1429 | 400 | 3.57 | 18 |
| 2026-05-01 | 7 | 1429 | 400 | 3.57 | 19 |
| 2026-05-02 | 7 | 1429 | 400 | 3.57 | 20 |
| 2026-05-03 | 7 | 1429 | 400 | 3.57 | 21 |
| 2026-05-04 | 7 | 1429 | 400 | 3.57 | 22 |
| 2026-05-05 | 6 | 1450 | 400 | 3.63 | 26 |
| 2026-05-06 | 6 | 1450 | 400 | 3.63 | 27 |
| 2026-05-07 | 6 | 1450 | 400 | 3.63 | 28 |
| 2026-05-08 | 7 | 1421 | 400 | 3.55 | 25 |
| 2026-05-09 | 7 | 1421 | 400 | 3.55 | 26 |
| 2026-05-10 | 7 | 1421 | 400 | 3.55 | 27 |
| 2026-05-11 | 7 | 1421 | 400 | 3.55 | 28 |
| 2026-05-12 | 7 | 1421 | 400 | 3.55 | 29 |
| 2026-05-13 | 7 | 1421 | 400 | 3.55 | 30 |
| 2026-05-14 | 8 | 1438 | 400 | 3.59 | 25 |
| 2026-05-15 | 8 | 1438 | 400 | 3.59 | 26 |
| 2026-05-16 | 8 | 1438 | 400 | 3.59 | 27 |
| 2026-05-17 | 8 | 1438 | 400 | 3.59 | 28 |
| 2026-05-18 | 8 | 1438 | 400 | 3.59 | 29 |
| 2026-05-19 | 8 | 1438 | 400 | 3.59 | 30 |
| 2026-05-20 | 8 | 1438 | 400 | 3.59 | 31 |
| 2026-05-21 | 10 | 1425 | 400 | 3.56 | 26 |
| 2026-05-22 | 10 | 1425 | 400 | 3.56 | 27 |
| 2026-05-23 | 10 | 1425 | 400 | 3.56 | 28 |
| 2026-05-24 | 10 | 1425 | 400 | 3.56 | 29 |
| 2026-05-25 | 10 | 1424 | 400 | 3.56 | 28 |
| 2026-05-26 | 10 | 1424 | 400 | 3.56 | 29 |
| 2026-05-27 | 10 | 1424 | 400 | 3.56 | 30 |
| 2026-05-28 | 10 | 1424 | 400 | 3.56 | 31 |
| 2026-05-29 | 10 | 1424 | 400 | 3.56 | 32 |
| 2026-05-30 | 9 | 1410 | 400 | 3.53 | 33 |
| 2026-05-31 | 8 | 1405 | 400 | 3.51 | 28 |
| 2026-06-01 | 8 | 1405 | 400 | 3.51 | 29 |
| 2026-06-02 | 8 | 1405 | 400 | 3.51 | 30 |
| 2026-06-03 | 8 | 1405 | 400 | 3.51 | 31 |
| 2026-06-04 | 8 | 1405 | 400 | 3.51 | 32 |
| 2026-06-05 | 10 | 1384 | 400 | 3.46 | 27 |
| 2026-06-06 | 10 | 1384 | 400 | 3.46 | 28 |
| 2026-06-07 | 10 | 1384 | 400 | 3.46 | 29 |
| 2026-06-08 | 12 | 1370 | 400 | 3.43 | 25 |
| 2026-06-09 | 12 | 1370 | 400 | 3.43 | 26 |
| 2026-06-10 | 11 | 1367 | 400 | 3.42 | 25 |
| 2026-06-11 | 11 | 1367 | 400 | 3.42 | 26 |
| 2026-06-12 | 11 | 1367 | 400 | 3.42 | 27 |
| 2026-06-13 | 11 | 1367 | 400 | 3.42 | 28 |
| 2026-06-14 | 11 | 1367 | 400 | 3.42 | 29 |
| 2026-06-15 | 11 | 1367 | 400 | 3.42 | 30 |
| 2026-06-16 | 11 | 1367 | 400 | 3.42 | 31 |
| 2026-06-17 | 11 | 1367 | 400 | 3.42 | 32 |
| 2026-06-18 | 12 | 1358 | 400 | 3.39 | 30 |
| 2026-06-19 | 12 | 1358 | 400 | 3.39 | 31 |
| 2026-06-20 | 12 | 1358 | 400 | 3.39 | 32 |
| 2026-06-21 | 12 | 1355 | 400 | 3.39 | 25 |
| 2026-06-22 | 12 | 1355 | 400 | 3.39 | 26 |
| 2026-06-23 | 12 | 1355 | 400 | 3.39 | 27 |
| 2026-06-24 | 13 | 1343 | 400 | 3.36 | 26 |
| 2026-06-25 | 12 | 1347 | 400 | 3.37 | 28 |
| 2026-06-26 | 12 | 1347 | 400 | 3.37 | 29 |
| 2026-06-27 | 12 | 1347 | 400 | 3.37 | 30 |
| 2026-06-28 | 12 | 1347 | 400 | 3.37 | 31 |
| 2026-06-29 | 12 | 1347 | 400 | 3.37 | 32 |
| 2026-06-30 | 13 | 1351 | 400 | 3.38 | 30 |
| 2026-07-01 | 14 | 1362 | 400 | 3.40 | 29 |
| 2026-07-02 | 12 | 1364 | 400 | 3.41 | 29 |
| 2026-07-03 | 11 | 1354 | 400 | 3.38 | 31 |
| 2026-07-04 | 10 | 1369 | 400 | 3.42 | 35 |
| 2026-07-05 | 10 | 1369 | 400 | 3.42 | 36 |
| 2026-07-06 | 10 | 1369 | 400 | 3.42 | 37 |
| 2026-07-07 | 11 | 1367 | 400 | 3.42 | 34 |
| 2026-07-08 | 11 | 1367 | 400 | 3.42 | 35 |
| 2026-07-09 | 11 | 1367 | 400 | 3.42 | 36 |
| 2026-07-10 | 11 | 1367 | 400 | 3.42 | 37 |
| 2026-07-11 | 12 | 1362 | 400 | 3.40 | 35 |
| 2026-07-12 | 12 | 1362 | 400 | 3.40 | 36 |
| 2026-07-13 | 10 | 1379 | 400 | 3.45 | 38 |
| 2026-07-14 | 9 | 1394 | 400 | 3.49 | 38 |
| 2026-07-15 | 11 | 1405 | 400 | 3.51 | 32 |
| 2026-07-16 | 11 | 1409 | 400 | 3.52 | 24 |
| 2026-07-17 | 12 | 1421 | 400 | 3.55 | 23 |
| 2026-07-18 | 12 | 1421 | 400 | 3.55 | 24 |
| 2026-07-19 | 12 | 1421 | 400 | 3.55 | 25 |
| 2026-07-20 | 13 | 1412 | 400 | 3.53 | 24 |
| 2026-07-21 | 13 | 1412 | 400 | 3.53 | 25 |
| 2026-07-22 | 12 | 1421 | 400 | 3.55 | 23 |
| 2026-07-23 | 12 | 1421 | 400 | 3.55 | 24 |
| 2026-07-24 | 11 | 1432 | 400 | 3.58 | 27 |
| 2026-07-25 | 11 | 1432 | 400 | 3.58 | 28 |
| 2026-07-26 | 11 | 1432 | 400 | 3.58 | 29 |
| 2026-07-27 | 10 | 1445 | 400 | 3.61 | 33 |
| 2026-07-28 | 10 | 1445 | 400 | 3.61 | 34 |
| 2026-07-29 | 10 | 1445 | 400 | 3.61 | 35 |
| 2026-07-30 | 10 | 1445 | 400 | 3.61 | 36 |
| 2026-07-31 | 8 | 1444 | 400 | 3.61 | 27 |
| 2026-08-01 | 8 | 1444 | 400 | 3.61 | 28 |
| 2026-08-02 | 8 | 1444 | 400 | 3.61 | 29 |
| 2026-08-03 | 8 | 1444 | 400 | 3.61 | 30 |
| 2026-08-04 | 8 | 1444 | 400 | 3.61 | 31 |
| 2026-08-05 | 8 | 1444 | 400 | 3.61 | 32 |
| 2026-08-06 | 7 | 1429 | 400 | 3.57 | 35 |
| 2026-08-07 | 9 | 1444 | 400 | 3.61 | 28 |
| 2026-08-08 | 9 | 1444 | 400 | 3.61 | 29 |
| 2026-08-09 | 10 | 1450 | 400 | 3.63 | 27 |
| 2026-08-10 | 8 | 1456 | 400 | 3.64 | 22 |
| 2026-08-11 | 7 | 1471 | 400 | 3.68 | 16 |
| 2026-08-12 | 6 | 1492 | 400 | 3.73 | 14 |
| 2026-08-13 | 7 | 1464 | 400 | 3.66 | 13 |
| 2026-08-14 | 7 | 1464 | 400 | 3.66 | 14 |
| 2026-08-15 | 7 | 1464 | 400 | 3.66 | 15 |
| 2026-08-16 | 7 | 1464 | 400 | 3.66 | 16 |
| 2026-08-17 | 8 | 1475 | 400 | 3.69 | 15 |
| 2026-08-18 | 9 | 1461 | 400 | 3.65 | 14 |
| 2026-08-19 | 9 | 1461 | 400 | 3.65 | 15 |
| 2026-08-20 | 8 | 1450 | 400 | 3.63 | 14 |
| 2026-08-21 | 7 | 1450 | 400 | 3.63 | 13 |
| 2026-08-22 | 6 | 1442 | 400 | 3.60 | 8 |
| 2026-08-23 | 6 | 1442 | 400 | 3.60 | 9 |
| 2026-08-24 | 6 | 1442 | 400 | 3.60 | 10 |
| 2026-08-25 | 5 | 1420 | 400 | 3.55 | 12 |
| 2026-08-26 | 5 | 1420 | 400 | 3.55 | 13 |
| 2026-08-27 | 5 | 1420 | 400 | 3.55 | 14 |
| 2026-08-28 | 5 | 1420 | 400 | 3.55 | 15 |
| 2026-08-29 | 5 | 1420 | 400 | 3.55 | 16 |
| 2026-08-30 | 5 | 1420 | 400 | 3.55 | 17 |
| 2026-08-31 | 5 | 1420 | 400 | 3.55 | 18 |
12-Month Market Dynamics & Trend Trajectory
University Studios at 1900 Simcoe St N in Oshawa has established a robust residential leasing history anchored by compact, high-efficiency floor plans. Across lifetime operations, the building has recorded 26 closed leases with an average monthly rent of $1,356, an average rate of $3.39 per square foot, a compact average suite size of 400 square feet, and an average marketing duration of 30 days. Pricing discipline at the property leans moderately in favor of incoming occupants, characterized by a tenant-favorable negotiation spread where transactions regularly settle below initial asking rates. With 38.5% of past leases closing below asking, landlords have frequently accommodated concessions to minimize vacancy carry and secure qualified occupants.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 1300 | 400 | 3.25 | 5 |
| 2026-05-10 | 1 | 1450 | 400 | 3.63 | 16 |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 2 | 1350 | 400 | 3.38 | 25 |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 1 | 1300 | 400 | 3.25 | 48 |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 1 | 1300 | 400 | 3.25 | 17 |
| 2026-06-28 | 3 | 1300 | 400 | 3.25 | 15 |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 3 | 1263 | 400 | 3.16 | 62 |
| 2026-07-19 | 2 | 1275 | 400 | 3.19 | 25 |
| 2026-07-26 | 2 | 1413 | 400 | 3.53 | 43 |
| 2026-08-02 | 1 | 1550 | 400 | 3.88 | 20 |
| 2026-08-09 | 3 | 1367 | 400 | 3.42 | 34 |
| 2026-08-16 | 4 | 1388 | 400 | 3.47 | 28 |
| 2026-08-23 | 1 | 1550 | 400 | 3.88 | 8 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
University Studios at 1900 Simcoe St N is evaluated alongside its direct micro-market competitors, including University Towns at 1800 Simcoe Street (located 0.18 km away, built in 2020, with 3 active listings), U.C. Tower Condominiums at 2250 Simcoe Street (located 1.09 km away, built in 2022, with 0 active listings), Tomlin Tower at 131 Taunton Rd E (located 1.67 km away, built in 1977, with 1 active listing), and an unbranded residential property at 97 Nonquon Road (located 2.0 km away, scheduled for completion in 2026, with 0 active listings). This competitive set spans multiple structural generations, contrasting modern post-2019 builds against established inventory like Tomlin Tower, which was built in 1977. Across the competitive micro-market, overall comparable benchmarks establish an average lease rent of $1,975 per month at $2.64 per square foot across an average suite size of 792 square feet. University Studios positions itself as a compact, highly efficient modern asset within this landscape, leveraging its 2019 completion year to command a rate per square foot that reflects its modern construction and tailored student-professional footprint relative to older, larger multi-room layouts in the surrounding area.
Comparable Analysis & Questions
How do rental rates at University Studios compare to neighbouring buildings within Oshawa?
University Studios averages a monthly lease rent of $1,356 across its compact layouts, trading below the overall comp average of $1,975 per month as set by nearby benchmarks including University Towns and Tomlin Tower. Individual competitor metrics reflect distinct positioning within the submarket: University Towns (1800 Simcoe Street) achieved an average lease rent of $1,700 per month at $3.02 per square foot across an average of 583 square feet; Tomlin Tower (131 Taunton Rd E) recorded an average lease rent of $2,250 per month at $2.25 per square foot across an average of 1,000 square feet; while U.C. Tower Condominiums (2250 Simcoe Street) and 97 Nonquon Road currently maintain zero active lease transactions in the reporting window.
Does University Studios offer a competitive price-per-square-foot ($/SF) against local comparables?
University Studios establishes its value proposition through a leased rate averaging $3.39 per square foot across an average footprint of 400 square feet, offering a modern alternative to larger, older footprints in the Oshawa submarket. Renters trade down in total square footage compared to Tomlin Tower's 1,000 square foot units at $2.25 per square foot, while capturing modern layout efficiencies that outpace University Towns' 583 square foot average units trading at $3.02 per square foot. This balance of compact suite design and contemporary finishes allows University Studios to align closely with submarket expectations while maintaining competitive positioning against both mid-generation townhomes and legacy high-rise stock.
How do building age, amenities, and developer reputation impact rent spreads?
University Studios delivers a contemporary lifestyle profile featuring a Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Meeting Room, an expansive Party & Lounge Room, a BBQ Area, a Media & Theatre Room, a Dining Room & Kitchen, and Parcel Lockers. When contrasted against nearby competitors, the building matches or exceeds peer offerings such as University Towns' rooftop terrace and shared laundry setup, Tomlin Tower's games room from its 1977 build era, and U.C. Tower's extensive multi-room amenity package that includes a pet wash station and business centre. These curated amenities cater effectively to students, young professionals, and single occupants seeking turnkey modern living with robust on-site conveniences.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around University Studios.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Meeting Room
- Party & Lounge Room
- BBQ Area
- Media & Theatre Room
- Dining Room & Kitchen
- Parcel Lockers
Residential Buildings in the Vicinity
- University Towns176 m
- U.C. Tower Condominiums1.1 km
- Tomlin Tower1.7 km
- 97 Nonquon Road2.0 km
- U.C. Tower 22.3 km
- U.C. Tower2.4 km
- Charing Cross2.4 km
- 948 Simcoe Street N2.6 km
- Plaza 9003.4 km
- Plaza 7003.4 km
- Thornton Place4.0 km
- Livita Centennial4.2 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for University Studios.
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.
