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Market Data as of August 31, 2026

Mirabella Luxury Condos - West Tower — Rental Market Data

1928 Lake Shore Blvd W, Toronto, Ontario M6S 0B1
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
2-Bedroom + Den
3
$3,382
1-Bedroom + Den
1
$2,150
2-Bedroom
1
$3,800

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2022
Total Suites355
DeveloperDiamante Development Corporation

Mirabella Luxury Condos - West Tower, located at 1928 Lake Shore Blvd W in Toronto's High Park neighborhood, is an established 355-suite residential building completed in 2022 by Diamante Development Corporation. The property maintains 5 active listings, representing a 1.4% availability rate. Over the past 90 days, the building recorded 14 closed leases with an average of 23 days on the market, alongside 5 closed leases over the past 30 days with an average of 17 days on the market.

Active asking rents average $3,219 per month at $3.95 per square foot across an average footprint of 820 square feet, which compares to realized 90-day leases averaging $2,907 per month at $3.96 per square foot across an average footprint of 755 square feet. Current active listings command a higher nominal monthly rent due to a larger average suite size compared to historical leases. The building's asking rate per square foot tracks 1.8% above the broader High Park submarket asking benchmark of $3.88 per square foot.

Marketing friction remains low, evidenced by closed listings averaging 23 days on the market compared to unrented delisted units lingering for 39 days, while tenants successfully negotiated a 1.41% discount below asking across 50.0% of recent leases. Inventory distribution centers heavily on multi-bedroom configurations, with 2-Bedroom + Den layouts capturing 60.0% of active availability, whereas 1-Bedroom + Den and standard 2-Bedroom configurations each account for 20.0% of current listings.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Mirabella Luxury Condos - West Tower as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units5
-1 (16.7%)
Avg Asking Rent$3,219
+$362 (12.7%)
Avg Suite Size820 sf
+117 sf (16.6%)
Avg Days on Market24d
+13d (113.5%)
Avg Asking $/SF$3.95
-$0.38 (8.7%)

Active Market Insights & Questions

How has rental availability changed at Mirabella Luxury Condos - West Tower recently?

Mirabella Luxury Condos - West Tower features 5 active listings as of August 31, 2026, with an asking price range spanning from $2,150 per month to $3,995 per month, an average asking rent of $3,219 per month, and a median asking rent of $3,200 per month. Active suites average 820 square feet with an average asking rate of $3.95 per square foot. Multi-bedroom layouts dominate the available inventory, skewing current active listings toward larger executive footprints rather than compact entry-level configurations.

What floor plans and unit layouts are currently available at Mirabella Luxury Condos - West Tower?

The dominant active layout at Mirabella Luxury Condos - West Tower is the 2-Bedroom + Den configuration, accounting for 3 listings and a 60.0% inventory share. This tier averages $3,382 per month across 867 square feet at an asking rate of $3.94 per square foot. Additional inventory includes a single 1-Bedroom + Den listing representing a 20.0% share priced at $2,150 per month across 550 square feet at $3.91 per square foot, alongside a single 2-Bedroom unit also holding a 20.0% share asking $3,800 per month across 950 square feet at $4.00 per square foot.

What is the average asking rent and $/SF by suite size at Mirabella Luxury Condos - West Tower?

Mirabella Luxury Condos - West Tower records a minimum entry rent of $2,150 per month and a peak asking rent of $3,995 per month, creating a dollar spread of $1,845 and a percentage spread of 85.8%. The median asking rent sits at $3,200 per month. The entry-level suite consists of a 1-Bedroom + Den configuration spanning 550 square feet at an asking rate of $3.91 per square foot, while the peak suite is represented by a larger layout asking $3,995 per month.

How much extra do parking spaces and dens cost at Mirabella Luxury Condos - West Tower?

Active den premium data cannot be isolated from the dataset for Mirabella Luxury Condos - West Tower as the relevant metrics are unquantified. Parking premium data is similarly inconclusive due to an insufficient sample or anomalous outliers, preventing any reliable estimate of monthly parking stall fees.

How do asking rents at Mirabella Luxury Condos - West Tower compare to local and municipal benchmarks?

Mirabella Luxury Condos - West Tower asks an average rent of $3,219 per month at $3.95 per square foot, comparing to the High Park submarket asking benchmark of $2,800 per month at $3.88 per square foot. The higher nominal monthly rent is driven by more expansive suite sizing rather than inflated unit pricing. The building's asking rate per square foot sits 1.8% above the submarket asking average while capturing a localized share 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 Mirabella Luxury Condos - West Tower (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,909
Avg Leased Size755 sf
Avg Days to Lease17d
Leased $/SF$3.70

Leased Transaction Insights & Questions

How many suites were leased at Mirabella Luxury Condos - West Tower last month, and how fast did they rent?

At Mirabella Luxury Condos - West Tower, the 30-day average days on market is 17 days, compared to a 90-day average of 23 days and a submarket benchmark of 25 days. Closed lease counts registered at 5 deals over the past 30 days, 14 deals over the past 90 days, and 20 deals across the 1-year lifetime track, indicating steady leasing turnover as late summer demand absorbed available inventory quickly.

What is the negotiation spread between asking rents and closed lease prices at Mirabella Luxury Condos - West Tower?

At Mirabella Luxury Condos - West Tower, leases settled with an average tenant discount of $38 per month, representing a 1.41% markdown below asking price and delivering $456 in annual tenant savings. Half of all executed leases closed below asking price, highlighting tenant leverage and landlord concessions in a competitive leasing environment.

What are typical executed lease prices across different layouts at Mirabella Luxury Condos - West Tower?

At Mirabella Luxury Condos - West Tower, the two highest-volume anchor layouts are the 2-Bedroom + Den with an average monthly rent of $3,456 per month and 27 days on market, and the 1-Bedroom + Den averaging $2,479 per month with 27 days on market. The 1-Bedroom tier recorded 3 closed deals with an average rent of $1,948 per month, a median of $1,950 per month, a P25-P75 range of $1,925 to $1,972 per month, an average size of 482 square feet at $4.12 per square foot, and 20 days on market, serving as a limited sample size (note that this represents an individual deal rather than a broad statistical benchmark). The 2-Bedroom tier recorded 2 closed deals with an average rent of $3,675 per month, a median of $3,675 per month, a P25-P75 range of $3,662 to $3,688 per month, an average size of 950 square feet at $3.87 per square foot, and 29 days on market, acting as a limited sample size.

What measurable rent premium did suites with parking achieve in closed leases at Mirabella Luxury Condos - West Tower?

At Mirabella Luxury Condos - West Tower, paired parking premium data was insufficient to isolate distinct line-item stall values. Parking privileges were predominantly bundled directly into standard lease agreements without separate line-item values, and active asking figures lacked reliable paired samples to quote definitive separate stall premiums.

How does the lease-to-listing ratio at Mirabella Luxury Condos - West Tower reflect current tenant demand?

At Mirabella Luxury Condos - West Tower, monthly average rents moved from $3,650 per month in April down to $2,550 per month in June before recovering to $2,909 per month by late summer. In April, 1 unit leased for an average of $3,650 per month at $3.84 per square foot with 44 days on market. In May, 5 units leased for an average of $2,770 per month at $3.74 per square foot with 30 days on market. In June, 5 units leased for an average of $2,550 per month at $4.29 per square foot with 20 days on market. In July, 4 units leased for an average of $3,350 per month at $3.88 per square foot with 35 days on market. In August, 5 units leased for an average of $2,909 per month at $3.70 per square foot with 17 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Mirabella Luxury Condos - West Tower (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$2,075
Avg Suite Size400 sf
Avg Days on Market39d
Delisted $/SF$5.19

De-Listed Market Analysis & Questions

How many listings de-listed at Mirabella Luxury Condos - West Tower, and what was their re-listing price compared to previous asking?

At Mirabella Luxury Condos - West Tower, 2 units were delisted, yielding a delisted-to-leased ratio of 40.0% relative to 20 total closed leases. This unrented volume consisted entirely of 2 terminated listings, with zero expired or suspended listings. This indicates a moderate market health ratio of roughly 1 pulled listing for every 10 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Mirabella Luxury Condos - West Tower?

At Mirabella Luxury Condos - West Tower, unrented units asked an average of $2,075 per month, which is $834 per month below realized lease averages nominally, driven by smaller average floor plans. Unrented units featured a lower nominal asking price because they were concentrated in smaller floor plans, but commanded a higher rate per square foot ($5.19 per square foot vs $3.90 per square foot), demonstrating that prospective tenants rejected high density per-square-foot pricing.

What market friction causes rental listings to stall or de-list at Mirabella Luxury Condos - West Tower?

At Mirabella Luxury Condos - West Tower, unrented listings averaged 39 days on market compared to 26 days for realized leases, creating an excess marketing duration of 22 days. This excess marketing window translates directly into nearly one full month of lost rental income plus ongoing monthly condo maintenance fees, illustrating the tangible carrying cost of unrented vacancy.

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)
2026-04-27428007713.6621
2026-04-28428007713.6622
2026-04-29428007713.6623
2026-04-30428007713.6624
2026-05-01528207663.7020
2026-05-02528207663.7021
2026-05-03528207663.7022
2026-05-04628087473.7919
2026-05-05728077333.8617
2026-05-06728077333.8618
2026-05-07728077333.8619
2026-05-08626926833.9421
2026-05-09626926833.9422
2026-05-10727076963.9019
2026-05-11727076963.9020
2026-05-12527406943.9618
2026-05-13428137064.018
2026-05-14428137064.019
2026-05-15328177243.9110
2026-05-16328177243.9111
2026-05-17328177243.9112
2026-05-18426506813.9110
2026-05-19426506813.9111
2026-05-20426506813.9112
2026-05-21426506813.9113
2026-05-22527606943.9811
2026-05-23527606943.9812
2026-05-24527606943.9813
2026-05-25527606943.9814
2026-05-26427506754.0715
2026-05-27427506754.0716
2026-05-28427506754.0717
2026-05-29427506754.0718
2026-05-30427506754.0719
2026-05-31427506754.0720
2026-06-01427506754.0721
2026-06-02427506754.0722
2026-06-03427506754.0723
2026-06-04525906204.2319
2026-06-05525906204.2320
2026-06-06424385884.2223
2026-06-07424385884.2224
2026-06-08424385884.2225
2026-06-09424385884.2226
2026-06-10424385884.2227
2026-06-11424385884.2228
2026-06-12325336004.3230
2026-06-13325336004.3231
2026-06-14325336004.3232
2026-06-15325336004.3233
2026-06-16224255754.3729
2026-06-17129007503.8747
2026-06-18228507004.0924
2026-06-19228507004.0925
2026-06-20228507004.0926
2026-06-21228507004.0927
2026-06-22329177174.0819
2026-06-23329177174.0820
2026-06-24229757503.9728
2026-06-25229757503.9729
2026-06-26434138633.9615
2026-06-27434138633.9616
2026-06-28434138633.9617
2026-06-29434138633.9618
2026-06-30434138633.9619
2026-07-01434138633.9620
2026-07-02335339003.9225
2026-07-03335339003.9226
2026-07-04335339003.9227
2026-07-05335339003.9228
2026-07-06431887754.2922
2026-07-07529697194.2718
2026-07-08529697194.2719
2026-07-09529697194.2720
2026-07-10427616614.3423
2026-07-11427616614.3424
2026-07-12427616614.3425
2026-07-13427616614.3426
2026-07-14427616614.3427
2026-07-15427616614.3428
2026-07-16427616614.3429
2026-07-17427616614.3430
2026-07-18427616614.3431
2026-07-19427616614.3432
2026-07-20427616614.3433
2026-07-21427616614.3434
2026-07-22427616614.3435
2026-07-23526896644.1829
2026-07-24426366434.2616
2026-07-25426366434.2617
2026-07-26527496644.2614
2026-07-27530297644.199
2026-07-28530297644.1910
2026-07-29628587044.339
2026-07-30628587044.3310
2026-07-31628587044.3311
2026-08-01628587044.3312
2026-08-02628587044.3313
2026-08-03628587044.3314
2026-08-04628587044.3315
2026-08-05630917494.4014
2026-08-06730787494.3413
2026-08-07730787494.3414
2026-08-08730787494.3415
2026-08-09830627494.2914
2026-08-10830627494.2915
2026-08-11727426424.4016
2026-08-12828996994.3015
2026-08-13829067064.2611
2026-08-14927996894.1811
2026-08-15927996894.1812
2026-08-16927996894.1813
2026-08-17927996894.1814
2026-08-18827746814.2115
2026-08-19827746814.2116
2026-08-20827746814.2117
2026-08-21728857214.0918
2026-08-22728857214.0919
2026-08-23728857214.0920
2026-08-24630417504.1923
2026-08-25630417504.1924
2026-08-26630417504.1925
2026-08-27630417504.1926
2026-08-28630417504.1927
2026-08-29630417504.1928
2026-08-30532198203.9523
2026-08-31532198203.9524

12-Month Market Dynamics & Trend Trajectory

Mirabella Luxury Condos - West Tower has recorded a lifetime leasing volume of 20 closed transactions, achieving an overall average rent of $2,910 per month at an average rate of $3.90 per square foot. The building features an average suite size of 755 square feet and a lifetime average of 26 days on market, reflecting steady tenant turnover across the 355-suite residential building. Leasing transactions at the property displayed moderate pricing discipline, with 50.0% of deals securing concessions below asking price. Tenants capitalized on negotiation leverage to capture an average monthly discount of $38 per month, translating to annual tenant savings of $456 per year and demonstrating clear landlord flexibility on pricing.

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
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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)
2026-05-031350010323.3917
2026-05-10425886753.8333
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31132007504.2715
2026-06-07121505503.9125
2026-06-14223005254.4828
2026-06-21128006504.316
2026-06-28130007504.0010
2026-07-05137009503.8914
2026-07-120N/AN/AN/AN/A
2026-07-19128007503.7384
2026-07-261390010003.9031
2026-08-02123506763.4813
2026-08-09236489983.7826
2026-08-16130007504.0012
2026-08-23119005503.4510

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Mirabella Luxury Condos - West Tower, built in 2022 with 5 active listings, is benchmarked against four direct competitors along Lake Shore Boulevard West, spanning modern developments to properties completed over a decade prior. Immediate peers include Mirabella East at 0.07 kilometers away (built in 2022 with 23 active listings), Windermere by the Lake at 0.13 kilometers away (built in 2007 with 3 active listings), Park Lake Residences - I at 0.14 kilometers away (built in 2011 with 3 active listings), and Park Lake Residences at 0.16 kilometers away (built in 2011 with 6 active listings). These properties illustrate a clear generational split between contemporary mid-2020s towers and mid-2000s to early-2010s high-rises. Within this micro-market, the competitive set averages $2,774 per month at $3.69 per square foot across an average suite size of 762 square feet. Mirabella Luxury Condos - West Tower positions itself competitively within this peer group, maintaining a robust scale of 355 suites and pricing that reflects its contemporary construction and modern floor plate efficiencies relative to older surrounding inventory.

1926 Lakeshore Boulevard W, Toronto

Avg Asking$2,798/mo
Avg $/SF$4.02
Rent Spread:
-$421/mo (-13.1%) Lower

15 Windermere Ave, Toronto

Avg Asking$2,950/mo
Avg $/SF$3.63
Rent Spread:
-$269/mo (-8.4%) Lower

1910 Lake Shore Blvd W, Toronto

Avg Asking$2,582/mo
Avg $/SF$3.55
Rent Spread:
-$637/mo (-19.8%) Lower

1900 Lakeshore Boulevard West, Toronto

Avg Asking$2,944/mo
Avg $/SF$3.62
Rent Spread:
-$275/mo (-8.5%) Lower

103 The Queensway Ave, Toronto

Avg Asking$2,599/mo
Avg $/SF$4.00
Rent Spread:
-$620/mo (-19.3%) Lower
NXT 2243 m

105 The Queensway Ave, Toronto

Avg Asking$2,292/mo
Avg $/SF$4.06
Rent Spread:
-$927/mo (-28.8%) Lower

Comparable Analysis & Questions

How do rental rates at Mirabella Luxury Condos - West Tower compare to neighbouring buildings within High Park?

Mirabella Luxury Condos - West Tower achieves an average lease rent of $2,910 per month, comparing against an overall competitive set average of $2,774 per month across benchmarks such as Mirabella East, Windermere by the Lake, Park Lake Residences - I, and Park Lake Residences. Mirabella East (1926 Lakeshore Boulevard W) reports an average lease rent of $2,837 per month at $4.03 per square foot across 706 square feet. Windermere by the Lake (15 Windermere Ave) commands an average lease rent of $2,950 per month at $3.63 per square foot across 833 square feet. Park Lake Residences - I (1910 Lake Shore Blvd W) registers an average lease rent of $2,467 per month at $3.44 per square foot across 720 square feet. Park Lake Residences (1900 Lakeshore Boulevard West) records an average lease rent of $2,842 per month at $3.65 per square foot across 787 square feet.

Does Mirabella Luxury Condos - West Tower offer a competitive price-per-square-foot ($/SF) against local comparables?

Mirabella Luxury Condos - West Tower offers a realized lease rate of $3.90 per square foot across an average suite size of 755 square feet, aligning closely with the submarket average of $4.01 per square foot while trading at a lower rate per square foot than immediate sibling property Mirabella East at $4.03 per square foot. Renters evaluating Mirabella Luxury Condos - West Tower trade off against older alternatives such as Windermere by the Lake at $3.63 per square foot across larger 833-square-foot floor plans, or Park Lake Residences - I at $3.44 per square foot across 720 square feet. While older buildings in the micro-market occasionally present lower nominal rates per square foot for larger footprints, Mirabella Luxury Condos - West Tower provides superior layout efficiency, contemporary interior finishes, and lower long-term maintenance burdens typical of a building completed in 2022.

How do building age, amenities, and developer reputation impact rent spreads?

Mirabella Luxury Condos - West Tower delivers an extensive, resort-style amenity package that distinguishes it from older neighboring high-rises in the High Park submarket. Signature features at Mirabella Luxury Condos - West Tower include an indoor pool, an outdoor pool, a pet wash station, a dedicated yoga studio, and a rooftop terrace, contrasting sharply with the more limited or dated recreational offerings found at properties like Windermere by the Lake or Park Lake Residences. This comprehensive wellness and lifestyle infrastructure caters directly to young professionals, pet owners, and discerning urban residents seeking modern condominium living along the waterfront.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Mirabella Luxury Condos - West Tower.

Building Amenities

  • Concierge & Security
  • Dining Room & Kitchen
  • EV Charging Station
  • Garden & Courtyard
  • Gym & Fitness Centre
  • Indoor Pool
  • Library & Reading Room
  • Party & Lounge Room
  • Pet Wash Station
  • Rooftop Terrace
  • Sauna & Steam Room
  • Yoga Studio

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Mirabella Luxury Condos - West Tower.

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.