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Market Data as of August 31, 2026

EX2 — Rental Market Data

2 Erskine Road, Mississauga, Ontario L5B 0S1
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
2-Bedroom
5
$2,890
2-Bedroom + Den
1
$3,100

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites395
DeveloperCamrost Felcorp

Located at 2 Erskine Road in the Mississauga City Centre neighborhood, EX2 is an established residential building developed by Camrost Felcorp and completed in 2024. Comprising 395 suites across the property, the tower currently maintains 6 active listings, representing a 1.5% availability rate. Leasing momentum remains active, supported by 10 transactions completed over the past 30 days averaging 16 days on the market, alongside 58 leases finalized over the trailing 90-day window with an average of 23 days on the market.

Active asking rents average $2,925 per month at $3.61 per square foot across an average footprint of 817 square feet, sitting noticeably higher than realized 90-day lease averages of $2,411 per month at $3.65 per square foot across 652 square feet. This variance stems from current inventory skewing exclusively toward larger multi-bedroom formats compared to historical leasing volume. On a rate per square foot basis, active asking rents track slightly below the broader submarket asking benchmark of $3.64 per square foot by 0.8%.

Marketing friction is evident in unrented stock, where delisted units accumulated an average of 80 days on the market while asking an average of $2,825 per month—pricing that sat $350 per month above realized lease averages. Meanwhile, active inventory offers deep selection in standard 2-Bedroom layouts, which account for 83.3% of current availability, while 2-Bedroom + Den configurations remain strictly limited to a single active listing.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at EX2 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units6
0
Avg Asking Rent$2,925
+$400 (15.8%)
Avg Suite Size817 sf
+133 sf (19.5%)
Avg Days on Market11d
-26d (71.5%)
Avg Asking $/SF$3.61
-$0.12 (3.2%)

Active Market Insights & Questions

How has rental availability changed at EX2 recently?

EX2 features 6 active listings as of August 31, 2026, commanding a price range spanning from $2,800 to $3,100 per month with an average monthly rent of $2,925 and a median of $2,900. Active suites average 817 square feet with an asking rate of $3.61 per square foot. Two-bedroom configurations dominate active inventory with an 83.3% share, signaling that current availability leans toward larger multi-bedroom layouts rather than compact entry-level floor plans.

What floor plans and unit layouts are currently available at EX2?

The dominant active layout at EX2 is the 2-Bedroom configuration, accounting for 5 listings and an 83.3% share of active inventory at an average rent of $2,890 per month across an average of 810 square feet, achieving $3.60 per square foot. The remaining inventory consists of 1 available 2-Bedroom + Den suite representing a 16.7% share, listed at an average of $3,100 per month across 850 square feet for a rate of $3.65 per square foot.

What is the average asking rent and $/SF by suite size at EX2?

EX2 records a minimum entry rent of $2,800 per month and a peak asking rent of $3,100 per month, creating a dollar spread of $300 or a 10.7% pricing spread. Median asking rent rests at $2,900 per month. The entry-level option consists of a 2-Bedroom suite spanning 650 square feet at $4.31 per square foot using minimum asking metrics, while the peak tier is anchored by a 2-Bedroom + Den layout covering 850 square feet at $3.65 per square foot using maximum asking metrics.

How much extra do parking spaces and dens cost at EX2?

Active den premium data for EX2 cannot be isolated due to insufficient paired sample sizes between standard 2-bedroom and den floor plans. Active parking premiums similarly cannot be reliably isolated due to an insufficient sample of paired stall data. Verified historical leasing indicates an average parking fee of $323 per month.

How do asking rents at EX2 compare to local and municipal benchmarks?

EX2 asks an average rent of $2,925 per month at $3.61 per square foot, comparing to the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The higher nominal monthly rent at the building is driven by larger average suite sizes rather than inflated unit pricing, as demonstrated by an asking rate per square foot that sits 0.8% below the submarket average while capturing 2.5% 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 EX2 (Data period: For the month of August 2026).

Units Leased10
Avg Leased Price$2,475
Avg Leased Size652 sf
Avg Days to Lease16d
Leased $/SF$3.73

Leased Transaction Insights & Questions

How many suites were leased at EX2 last month, and how fast did they rent?

At EX2, the 30-day average days on market is 16 days, the 90-day average is 23 days, and the submarket benchmark days on market sits at 23 days. Leasing turnover accelerated notably over the summer, with 10 closed leases in the last 30 days, 58 closed leases over the last 90 days, and 93 total closed leases recorded over the lifetime tracking period.

What is the negotiation spread between asking rents and closed lease prices at EX2?

At EX2, tenants secured an average discount of $23 per month, representing a 0.86% reduction below asking price and delivering $276 in annual tenant savings. Exactly 28.0% of leases closed below asking price, reflecting tenant-favorable negotiation leverage where landlords granted pricing concessions to secure occupancy.

What are typical executed lease prices across different layouts at EX2?

The two highest-volume anchor layouts at EX2 are the 2-Bedroom tier, averaging $2,544 per month across 31 days on market, and the 1-Bedroom tier, averaging $1,948 per month across 23 days on market. The 2-Bedroom layout represents a robust sample of 46 closed leases, with a median rent of $2,500 per month, a P25-P75 range of $2,412 to $2,750 per month, an average size of 698 square feet, and a rate of $3.66 per square foot. The 1-Bedroom layout represents a robust sample of 31 closed leases, featuring a median rent of $1,900 per month, a P25-P75 range of $1,895 to $2,000 per month, an average size of 545 square feet, and a rate of $3.58 per square foot. The 2-Bedroom + Den tier represents a moderate sample of 9 closed leases, averaging $2,949 per month with a median of $2,950 per month, a P25-P75 range of $2,900 to $2,995 per month, an average size of 850 square feet, a rate of $3.47 per square foot, and 23 days on market. The 1-Bedroom + Den tier represents a moderate sample of 7 closed leases, averaging $2,164 per month with a median of $2,200 per month, a P25-P75 range of $2,100 to $2,225 per month, an average size of 564 square feet, a rate of $3.85 per square foot, and 16 days on market.

What measurable rent premium did suites with parking achieve in closed leases at EX2?

At EX2, verified leased parking generated an average premium of $323 per month. Parking privileges are typically bundled directly into larger two-bedroom configurations. Active asking parking data lacks a sufficient paired sample to isolate individual stall values reliably.

How does the lease-to-listing ratio at EX2 reflect current tenant demand?

At EX2, average monthly rents followed an upward trajectory as the spring leasing season transitioned into summer peak demand. In April 2026, 10 closed deals averaged $2,362 per month at $3.55 per square foot with 27 days on market. In May 2026, 23 closed deals averaged $2,237 per month at $3.64 per square foot with 34 days on market. In June 2026, 26 closed deals averaged $2,240 per month at $3.63 per square foot with 29 days on market. In July 2026, 23 closed deals averaged $2,552 per month at $3.63 per square foot with 20 days on market. In August 2026, 10 closed deals averaged $2,475 per month at $3.73 per square foot with 16 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at EX2 (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$2,825
Avg Suite Size800 sf
Avg Days on Market80d
Delisted $/SF$3.55

De-Listed Market Analysis & Questions

How many listings de-listed at EX2, and what was their re-listing price compared to previous asking?

At EX2, a total of 2 units were delisted, representing a delisted-to-leased ratio of 20.0% comprised entirely of 2 terminated listings with zero expired or suspended listings. This reflects a healthy market balance where approximately 1 listing was pulled for every 5 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at EX2?

At EX2, unrented units asked an average of $2,825 per month, which is $350 per month above realized lease averages of $2,475 per month, alongside a rate of $3.55 per square foot. Unrented units were demonstrably overpriced relative to successfully realized market leases.

What market friction causes rental listings to stall or de-list at EX2?

At EX2, delisted units recorded an average of 80 days on market compared to 16 days for realized leases. This excess marketing duration of 64 days translates to more than two months of lost rental income plus ongoing condo maintenance fees, illustrating the severe carrying cost of pricing above market tolerance.

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
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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)
2026-04-272522686063.7724
2026-04-282622536043.7624
2026-04-292422275963.7625
2026-04-302422275963.7626
2026-05-012522225983.7426
2026-05-022422085963.7326
2026-05-032422085963.7327
2026-05-042321955933.7329
2026-05-052422396043.7326
2026-05-062522506063.7326
2026-05-072522326023.7327
2026-05-082522326023.7328
2026-05-092722376023.7327
2026-05-103022316003.7325
2026-05-113122506023.7525
2026-05-123122506023.7526
2026-05-133022666103.7427
2026-05-143122616083.7427
2026-05-153122506053.7428
2026-05-163122506053.7429
2026-05-173122506053.7430
2026-05-183122506053.7431
2026-05-192722596093.7329
2026-05-202522766103.7630
2026-05-212322656073.7725
2026-05-222323096243.7423
2026-05-232323096243.7424
2026-05-242323096243.7425
2026-05-252423276333.7224
2026-05-262323176333.7126
2026-05-272123526403.7226
2026-05-282223306363.7126
2026-05-292422836293.6722
2026-05-302622876313.6622
2026-05-312523026343.6722
2026-06-012523046343.6822
2026-06-022622876313.6622
2026-06-032622876313.6623
2026-06-042622876313.6624
2026-06-052422886333.6623
2026-06-062623386333.7922
2026-06-072723256303.7822
2026-06-082123856433.8325
2026-06-092023746433.8225
2026-06-101824196533.8527
2026-06-112024476633.8223
2026-06-122124756673.8323
2026-06-132124756673.8324
2026-06-142025046733.8526
2026-06-151725566823.9024
2026-06-161725566823.9025
2026-06-171825396753.9125
2026-06-181925056683.8924
2026-06-192025176783.8524
2026-06-202025176783.8525
2026-06-212025176783.8526
2026-06-221925766973.8223
2026-06-231825587143.6325
2026-06-241725447063.6525
2026-06-251625476913.7320
2026-06-261626037033.7320
2026-06-271525737003.7122
2026-06-281525737003.7123
2026-06-291625657093.6521
2026-06-301526107203.6623
2026-07-011526107203.6624
2026-07-021526107203.6625
2026-07-031626287283.6524
2026-07-041626287283.6525
2026-07-051626287283.6526
2026-07-061325046923.6527
2026-07-071325046923.6528
2026-07-081325046923.6529
2026-07-091325046923.6530
2026-07-101425546963.7124
2026-07-111424936893.6524
2026-07-121425687213.5620
2026-07-131525277103.5619
2026-07-141625067003.5919
2026-07-151625637133.6117
2026-07-161425937213.6119
2026-07-171425867143.6419
2026-07-181725477033.6516
2026-07-191725477033.6517
2026-07-201825727113.6417
2026-07-211325276963.6620
2026-07-221224836833.6618
2026-07-231024756803.6621
2026-07-24925166943.6524
2026-07-25925166943.6525
2026-07-26925166943.6526
2026-07-27925226833.7226
2026-07-28824636633.7429
2026-07-29725366793.7733
2026-07-30725366793.7734
2026-07-31625256833.7337
2026-08-01625256833.7338
2026-08-02625256833.7339
2026-08-03625256833.7340
2026-08-04625256833.7341
2026-08-05424386503.7935
2026-08-06527507303.8223
2026-08-07527507303.8224
2026-08-08527507303.8225
2026-08-09428637753.7327
2026-08-10328837833.7336
2026-08-11328837833.7337
2026-08-12328837833.7338
2026-08-13328837833.7339
2026-08-14328837833.7340
2026-08-15529108103.6324
2026-08-16429388503.4627
2026-08-17529308503.4522
2026-08-18529308503.4523
2026-08-19529308503.4524
2026-08-20628008003.5221
2026-08-21628008003.5222
2026-08-22629088173.5923
2026-08-23729078213.5620
2026-08-24729078213.5621
2026-08-25629338173.629
2026-08-26529408103.6610
2026-08-27629428173.639
2026-08-28529308103.659
2026-08-29628087673.719
2026-08-30728217793.678
2026-08-31629258173.6111

12-Month Market Dynamics & Trend Trajectory

At EX2, the building has recorded a lifetime volume of 93 closed leases with an average rent of $2,356 per month, a rate of $3.63 per square foot, and an average suite size of 652 square feet. Properties trade with an average of 26 days on market, demonstrating steady tenant turnover and continuous absorption across the 395-suite community. Pricing discipline at the property leans toward tenant-favorable conditions, with 28.0% of transactions securing an average discount of $23 per month or 0.86% below asking price. Landlords routinely grant minor pricing concessions to eliminate vacancy carry, resulting in an annualized tenant savings impact of $276 per year per discounted lease.

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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
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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)
2026-05-03224006503.6912
2026-05-10421886003.6411
2026-05-171021996103.6153
2026-05-24623426333.7125
2026-05-31420505753.5542
2026-06-07921175833.6220
2026-06-14421386003.5635
2026-06-21824886943.6935
2026-06-28222006003.6515
2026-07-05626667333.6627
2026-07-12422136253.5222
2026-07-19926177283.6317
2026-07-26425747003.6813
2026-08-02221756503.3643
2026-08-09225256503.9213
2026-08-16224756004.1111
2026-08-23229008503.4111
2026-08-30223006003.851

Nearby Building Rental Comparables & Price Spreads

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

When evaluating EX2 against its direct micro-market competitors, the building anchors a high-density cluster featuring modern towers and established high-rises within the Mississauga City Centre submarket. Located at 2 Erskine Road, the subject property is part of a vibrant competitive set that includes EX1 at 4015 The Exchange (0.06 kilometers away, completed in 2025, with 93 active listings), Exchange Signature Residences at 4023 The Exchange (0.13 kilometers away, completed in 2025, with 8 active listings), Citygate II at 220 Burnhamthorpe Rd W (0.25 kilometers away, built in 2006, with 16 active listings), and Enfield Place I at 285 Enfield Pl (0.27 kilometers away, built in 1990, with 9 active listings). These nearby properties highlight a structural generational split between brand-new master-planned developments and mature high-rises constructed decades prior. Positioned against the broader micro-market benchmark—which averages $2,697 per month at $3.45 per square foot across an average of 797 square feet—EX2 delivers a compelling scale and age-driven value proposition. While older competitors like Citygate II and Enfield Place I offer larger average footprints exceeding 870 square feet, they trade at lower square-foot rates around $3.12 per square foot due to their age. Conversely, new-generation peers like EX1 command higher rates per square foot at $3.86, allowing EX2 to capture strong renter demand by balancing contemporary finishes, modern mechanical systems, and efficient layouts that outpace the older inventory in the immediate vicinity.

EX162 m

4015 The Exchange, Mississauga

Avg Asking$2,530/mo
Avg $/SF$3.84
Rent Spread:
-$395/mo (-13.5%) Lower

4023 The Exchange, Mississauga

Avg Asking$2,908/mo
Avg $/SF$3.89
Rent Spread:
-$17/mo (-0.6%) Lower

220 Burnhamthorpe Rd W, Mississauga

Avg Asking$2,782/mo
Avg $/SF$3.27
Rent Spread:
-$143/mo (-4.9%) Lower

285 Enfield Pl, Mississauga

Avg Asking$2,678/mo
Avg $/SF$3.08
Rent Spread:
-$248/mo (-8.5%) Lower

223 Webb Dr, Mississauga

Avg Asking$2,508/mo
Avg $/SF$3.39
Rent Spread:
-$417/mo (-14.3%) Lower

265 Enfield Pl, Mississauga

Avg Asking$2,669/mo
Avg $/SF$3.07
Rent Spread:
-$256/mo (-8.8%) Lower

Comparable Analysis & Questions

How do rental rates at EX2 compare to neighbouring buildings within Mississauga City Centre?

EX2 achieves an average lease rent that compares competitively against the overall comp average of $2,697 per month, sitting alongside major contemporary and established benchmarks in the Mississauga City Centre micro-market. Key competitor EX1 (4015 The Exchange), located just 0.06 kilometers away, reports an average lease rent of $2,415 per month at $3.86 per square foot across an average of 640 square feet. Exchange Signature Residences (4023 The Exchange), situated 0.13 kilometers away, commands an average lease rent of $2,916 per month at $3.71 per square foot across 788 square feet. Moving to more established properties, Citygate II (220 Burnhamthorpe Rd W), located 0.25 kilometers away, records an average lease rent of $2,743 per month at $3.12 per square foot across 889 square feet. Finally, Enfield Place I (285 Enfield Pl), positioned 0.27 kilometers away, logs an average lease rent of $2,714 per month at $3.12 per square foot across an average of 872 square feet.

Does EX2 offer a competitive price-per-square-foot ($/SF) against local comparables?

EX2 establishes its value proposition by offering a competitive rate per square foot and modern suite sizing that undercuts the highest-priced new construction while providing superior efficiency over older inventory. Renters at EX2 trade away the excessive square footage found in 1990s and 2000s builds in exchange for modern layouts, lower utility burdens, and brand-new interior finishes. For instance, while Citygate II offers larger 889-square-foot units at $3.12 per square foot and Enfield Place I provides 872-square-foot footprints at $3.12 per square foot, EX2 delivers a much fresher asset class that outclasses older mechanical systems. At the same time, EX2 provides a more budget-friendly per-square-foot alternative to ultra-luxury phases like EX1 at $3.86 per square foot and Exchange Signature Residences at $3.71 per square foot, making it an ideal choice for tenants seeking contemporary architecture without top-tier pricing penalties.

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

EX2 delivers an extensive, resort-style amenity package that distinguishes it from both newly constructed towers and legacy high-rises in the Mississauga City Centre submarket. Signature amenities at EX2 include an indoor pool, a dedicated yoga studio, a pet wash station, a sky running track, and a rooftop restaurant, providing a lifestyle ecosystem that surpasses many local competitors. When contrasted against EX1, which features a gym, indoor pool, and rooftop terrace, EX2 adds specialized wellness and recreation spaces like its sky running track and rooftop dining options. Compared against Exchange Signature Residences—which offers shared laundry, a boutique hotel, and valet parking—EX2 focuses more on comprehensive resident wellness with its yoga studio, indoor pool, and pet wash facilities. Against older legacy peers like Citygate II, which relies on a basic indoor pool and squash courts, or Enfield Place I, which includes tennis courts and saunas, EX2 provides a thoroughly modern, highly curated suite of lifestyle spaces tailored to contemporary urban professionals and pet owners.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around EX2.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Basketball Court
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Pet Wash Station
  • Sky Running Track
  • Rooftop Restaurant
  • Cold Storage Room
  • Parcel Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for EX2.

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.