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Market Data as of August 31, 2026

West Village - II — Rental Market Data

2 Eva Rd, Etobicoke, Ontario M9C 0A9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,650

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2014
Total Suites279
DeveloperTridel

West Village - Phase 2 at 2 Eva Rd in Etobicoke Centre is a 279-suite established residential building completed in 2014 by developer Tridel, currently showing a tight availability rate of 0.4% with 1 active listing and a swift 2 days on market. Leasing activity over the past 90 days recorded 9 closed transactions at an average rent of $2,417 per month with an average days on market of 26, alongside a 30-day closed count of 4 transactions averaging $2,563 per month with an average days on market of 35.

Current active asking rent sits at $2,650 per month with an average rate of $3.12 per square foot across an 850-square-foot footprint, running higher than the realized 90-day lease average of $2,417 per month due to current inventory focusing exclusively on larger multi-bedroom floor plans. The active asking rate per square foot trails the broader submarket asking benchmark of $3.65 per square foot by 14.5%.

Marketing friction remains minimal given the 2-day active days on market, though historical data shows tenants secured an average discount of $29 per month or 1.1% below asking, with 31.6% of past leases closing under asking. Prospective tenants face extremely limited selection, as 2-bedroom suites represent the sole available inventory category while other layout tiers show zero units currently available.

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Active Rental Inventory & Asking Rates

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

Active Units1
-4 (80.0%)
Avg Asking Rent$2,650
+$120 (4.8%)
Avg Suite Size850 sf
+170 sf (25.0%)
Avg Days on Market2d
-21d (91.2%)
Avg Asking $/SF$3.12
-$0.66 (17.4%)

Active Market Insights & Questions

How has rental availability changed at West Village - II recently?

West Village - Phase 2 currently features 1 active listing as of August 31, 2026, with a price range, average rent, and median rent of $2,650 per month. The active inventory averages 850 square feet with an asking rate of $3.12 per square foot, entirely concentrated in 2-bedroom floor plans. This single active listing means the current inventory leans exclusively toward multi-bedroom executive layouts rather than compact entry-level suites.

What floor plans and unit layouts are currently available at West Village - II?

The dominant active layout at West Village - Phase 2 is the 2-Bedroom tier, representing the single active listing for a 100% inventory share. This 2-bedroom layout features an average asking rent of $2,650 per month across an average size of 850 square feet at an asking rate of $3.12 per square foot. There are zero units currently available across all other bedroom tiers.

What is the average asking rent and $/SF by suite size at West Village - II?

West Village - Phase 2 exhibits a minimum entry rent of $2,650 per month and a peak asking rent of $2,650 per month, resulting in a dollar spread of $0 and a percentage spread of 0%. The median asking rent stands at $2,650 per month. The entry-level suite is a 2-Bedroom layout spanning 850 square feet at $3.12 per square foot, which mirrors the peak suite configuration identically.

How much extra do parking spaces and dens cost at West Village - II?

Active den premium data for West Village - Phase 2 is unavailable because current listings do not feature quantifiable den configurations or square footage deltas. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, so parking fees cannot be accurately determined from current listings.

How do asking rents at West Village - II compare to local and municipal benchmarks?

West Village - Phase 2 asks an average rent of $2,650 per month at $3.12 per square foot, comparing against the submarket average asking rent of $2,597 per month and submarket average asking rate of $3.65 per square foot. The nominal rent variance is driven by the building's larger suite configurations. The building asks 14.5% below the submarket asking rate per square foot while accounting for a 1.6% 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 West Village - II (Data period: For the month of August 2026).

Units Leased4
Avg Leased Price$2,563
Avg Leased Size703 sf
Avg Days to Lease35d
Leased $/SF$3.65

Leased Transaction Insights & Questions

How many suites were leased at West Village - II last month, and how fast did they rent?

At West Village - Phase 2, the 30-day average days on market is 35 days, compared to a 90-day average of 26 days and a submarket benchmark of 25 days. Leasing velocity moderated through the summer, recording 4 closed leases in the last 30 days, 9 closed leases over the trailing 90 days, and 19 total closed leases over the past year.

What is the negotiation spread between asking rents and closed lease prices at West Village - II?

At West Village - Phase 2, tenants negotiated an average discount of $29 per month, representing a 1.1% reduction below asking price and delivering $348 per year in annual tenant savings. Exactly 31.6% of leases closed under asking price, reflecting mild tenant leverage, while remaining transactions settled at asking.

What are typical executed lease prices across different layouts at West Village - II?

The two highest-volume anchor layouts at West Village - Phase 2 are 2-Bedroom and 1-Bedroom units, averaging $2,641 per month over 37 days on market and $2,220 per month over 41 days on market respectively. For 2-Bedroom suites, the building recorded 11 closed leases with an average rent of $2,641 per month, a median rent of $2,600 per month, a P25-P75 range of $2,550 to $2,625 per month, an average size of 769 square feet, an average rate of $3.43 per square foot, and 37 days on market, representing a statistically robust benchmark. For 1-Bedroom suites, the building recorded 5 closed leases with an average rent of $2,220 per month, a median rent of $2,200 per month, a P25-P75 range of $2,200 to $2,200 per month, an average size of 590 square feet, an average rate of $3.79 per square foot, and 41 days on market, serving as a moderate sample. For 1-Bedroom + Den suites, the building recorded 3 closed leases with an average rent of $2,233 per month, a median rent of $2,200 per month, a P25-P75 range of $2,200 to $2,250 per month, an average size of 650 square feet, an average rate of $3.44 per square foot, and 19 days on market, acting as a limited sample size directional reference (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at West Village - II?

Parking premium data at West Village - Phase 2 is inconclusive due to insufficient paired lease data for separate line-item values. Parking stalls were bundled directly into primary lease agreements without standalone dollar allocations. Active asking data similarly lacks isolated parking premiums.

How does the lease-to-listing ratio at West Village - II reflect current tenant demand?

Overall rent trajectory at West Village - Phase 2 moved from $2,800 per month in April down to $2,563 per month by August. In April 2026, 3 deals closed at an average of $2,800 per month, $3.63 per square foot, and 54 days on market. In May 2026, 7 deals closed at an average of $2,386 per month, $3.40 per square foot, and 39 days on market. In June 2026, 1 deal closed at $2,200 per month, $4.00 per square foot, and 26 days on market. In July 2026, 4 deals closed at an average of $2,325 per month, $3.44 per square foot, and 18 days on market. In August 2026, 4 deals closed at an average of $2,563 per month, $3.65 per square foot, and 35 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$2,200
Avg Suite Size550 sf
Avg Days on Market33d
Delisted $/SF$4.00

De-Listed Market Analysis & Questions

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

At West Village - Phase 2, exactly 1 unit was delisted, representing a 25.0% delisted-to-30-day-leased ratio and a 5.3% delisted-to-lifetime-leased ratio. This single delisted entry consisted entirely of a terminated listing, with zero expired or suspended listings. This indicates a healthy market ratio of roughly 1 pulled listing for every 19 successful leases.

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

At West Village - Phase 2, unrented units asked an average of $2,200 per month, which was $363 per month below realized lease averages nominally due to smaller average floor plans, but commanded a higher rate per square foot ($4.00 per square foot vs $3.53 per square foot), demonstrating that prospective tenants rejected high density price per square foot metrics on smaller floor plans.

What market friction causes rental listings to stall or de-list at West Village - II?

At West Village - Phase 2, delisted units averaged 33 days on market prior to withdrawal, closely aligning with the realized lease average of 35 days. Because marketing times remained comparable, unrented listings did not incur excess vacancy carry or severe holding penalties beyond standard tenant turnover timelines.

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)
2026-04-27725147073.5637
2026-04-28825187133.5434
2026-04-29724066933.4928
2026-04-30724066933.4929
2026-05-01623836833.5027
2026-05-02623836833.5028
2026-05-03623836833.5029
2026-05-04523496703.5235
2026-05-05523496703.5236
2026-05-06623416673.5331
2026-05-07623416673.5332
2026-05-08623416673.5333
2026-05-09523696703.5522
2026-05-10523696703.5523
2026-05-11323176503.5918
2026-05-12323176503.5919
2026-05-13323176503.5920
2026-05-14423757003.4416
2026-05-15423757003.4417
2026-05-16423757003.4418
2026-05-17423757003.4419
2026-05-18423757003.4420
2026-05-19423757003.4421
2026-05-20323176503.5927
2026-05-21323176503.5928
2026-05-22323176503.5929
2026-05-23323176503.5930
2026-05-24323176503.5931
2026-05-25224257003.4723
2026-05-26224257003.4724
2026-05-27224257003.4725
2026-05-28224257003.4726
2026-05-29224257003.4727
2026-05-30123006503.5424
2026-05-31123006503.5425
2026-06-01123006503.5426
2026-06-02123006503.5427
2026-06-03123006503.5428
2026-06-04222506003.7715
2026-06-05222506003.7716
2026-06-06222506003.7717
2026-06-07222506003.7718
2026-06-08222506003.7719
2026-06-09323836503.6913
2026-06-10424506753.6511
2026-06-11424506753.6512
2026-06-12424506753.6513
2026-06-13424506753.6514
2026-06-14424506753.6515
2026-06-15424506753.6516
2026-06-16424506753.6517
2026-06-17424506753.6518
2026-06-18424506753.6519
2026-06-19424506753.6520
2026-06-20525206903.6716
2026-06-21525206903.6717
2026-06-22525206903.6718
2026-06-23425757003.7012
2026-06-24525006903.6411
2026-06-25525006903.6412
2026-06-26525006903.6413
2026-06-27525006903.6414
2026-06-28525006903.6415
2026-06-29525006903.6416
2026-06-30425757253.5514
2026-07-01327007503.6018
2026-07-02327007503.6019
2026-07-03525207103.5412
2026-07-04525207103.5413
2026-07-05525207103.5414
2026-07-06525207103.5415
2026-07-07525207103.5416
2026-07-08525207103.5417
2026-07-09525207103.5418
2026-07-10425757253.5522
2026-07-11327007503.6028
2026-07-12327007503.6029
2026-07-13327007503.6030
2026-07-14327007503.6031
2026-07-15327007503.6032
2026-07-16327007503.6033
2026-07-17327007503.6034
2026-07-18327007503.6035
2026-07-19327007503.6036
2026-07-20327007503.6037
2026-07-21327007503.6038
2026-07-22525406703.8323
2026-07-23525406703.8324
2026-07-24525406703.8325
2026-07-25525406703.8326
2026-07-26525406703.8327
2026-07-27525406703.8328
2026-07-28625506923.7425
2026-07-29625506923.7426
2026-07-30525306803.7822
2026-07-31525306803.7823
2026-08-01525306803.7824
2026-08-02525306803.7825
2026-08-03425136503.9131
2026-08-04425136503.9132
2026-08-05324176173.9728
2026-08-06223005504.1815
2026-08-07223005504.1816
2026-08-08223005504.1817
2026-08-09223005504.1818
2026-08-10223005504.1819
2026-08-11223005504.1820
2026-08-12223005504.1821
2026-08-13223005504.1822
2026-08-14223005504.1823
2026-08-15223005504.1824
2026-08-16223005504.1825
2026-08-17223005504.1826
2026-08-18223005504.1827
2026-08-19223005504.1828
2026-08-20223005504.1829
2026-08-21122005504.0030
2026-08-22122005504.0031
2026-08-23122005504.0032
2026-08-29126508503.12N/A
2026-08-30126508503.121
2026-08-31126508503.122

12-Month Market Dynamics & Trend Trajectory

West Village - Phase 2 has established a lifetime leasing volume of 19 transactions, generating an average monthly rent of $2,466 per month at $3.53 per square foot across an average suite size of 703 square feet. Average days on market sit at 35 days, indicating steady tenant turnover across the 279-suite Tridel development since its 2014 completion. Pricing discipline within the building reflects balanced tenant leverage, with 31.6% of historical leases closing below asking price. Tenants secured an average discount of $29 per month, resulting in a net negotiation spread of -1.1% and proving that landlords accommodated modest price adjustments to secure qualified occupants.

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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
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)
2026-04-26124507503.2750
2026-05-03224007003.4350
2026-05-10223507003.3633
2026-05-17126508503.126
2026-05-24121005503.8249
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28222006003.6917
2026-07-05222506503.468
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26126007503.4751
2026-08-02326177673.4236
2026-08-090N/AN/AN/AN/A
2026-08-16124005504.3630

Nearby Building Rental Comparables & Price Spreads

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

West Village - Phase 2 competes directly within a dense Etobicoke Centre cluster featuring four active nearby competitor buildings completed between 2014 and 2023. These alternatives include West Village - Phase 1 at 6 Eva Rd (0.03 km away, completed in 2014, with 10 active listings), Evermore at West Village at 10 Eva Rd (0.04 km away, completed in 2023, with 13 active listings), Thunderbird (One Valhalla - II) at 5 Valhalla Inn Rd (0.24 km away, completed in 2014, with 13 active listings), and Triumph (One Valhalla - III) at 9 Valhalla Inn Rd (0.25 km away, completed in 2016, with 12 active listings). This competitive micro-market bridges mid-2010s master-planned developments with newer high-rise inventory. Across this competitive set, properties average $2,452 per month in rent at $3.53 per square foot across an average suite size of 707 square feet. West Village - Phase 2 positions itself solidly within this mid-tier valuation range, balancing established construction quality against efficient layout scaling. While newer builds in the immediate vicinity command higher absolute rents due to recent completion cycles, the subject building maintains a competitive per-square-foot posture relative to its 2014 contemporary peers.

6 Eva Rd, Etobicoke

Avg Asking$2,321/mo
Avg $/SF$3.38
Rent Spread:
-$329/mo (-12.4%) Lower

10 Eva Rd, Etobicoke

Avg Asking$2,889/mo
Avg $/SF$3.38
Rent Spread:
+$239/mo (+9.0%) Higher

5 Valhalla Inn Rd, Etobicoke

Avg Asking$2,256/mo
Avg $/SF$3.58
Rent Spread:
-$394/mo (-14.9%) Lower

9 Valhalla Inn Rd, Etobicoke

Avg Asking$2,315/mo
Avg $/SF$3.65
Rent Spread:
-$335/mo (-12.7%) Lower

1 Valhalla Inn Rd, Etobicoke

Avg Asking$2,463/mo
Avg $/SF$3.57
Rent Spread:
-$187/mo (-7.1%) Lower

10 Gibbs Rd, Etobicoke

Avg Asking$2,523/mo
Avg $/SF$3.70
Rent Spread:
-$127/mo (-4.8%) Lower

Comparable Analysis & Questions

How do rental rates at West Village - II compare to neighbouring buildings within Etobicoke Centre?

West Village - Phase 2 achieves an average lease rent of $2,466 per month, aligning closely with the overall competitive micro-market average of $2,452 per month anchored by West Village - Phase 1 and the Valhalla Inn corridor. West Village - Phase 1 at 6 Eva Rd recorded an average lease rent of $2,445 per month at $3.44 per square foot across an average of 715 square feet. Evermore at West Village at 10 Eva Rd logged an average lease rent of $2,825 per month at $3.39 per square foot across an average of 846 square feet. Thunderbird (One Valhalla - II) at 5 Valhalla Inn Rd achieved an average lease rent of $2,245 per month at $3.63 per square foot across an average of 624 square feet. Triumph (One Valhalla - III) at 9 Valhalla Inn Rd posted an average lease rent of $2,291 per month at $3.67 per square foot across an average of 642 square feet.

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

West Village - Phase 2 establishes its value proposition by offering a balanced lease rate of $3.53 per square foot across an average suite size of 703 square feet, positioning it competitively against older mid-2010s footprints and newer high-rise builds in Etobicoke Centre. Renters evaluating West Village - Phase 1 at 6 Eva Rd pay a slightly lower rate of $3.44 per square foot for a marginally larger 715-square-foot layout. At Evermore at West Village at 10 Eva Rd, tenants trade for significantly larger 846-square-foot footprints at a comparable $3.39 per square foot. Conversely, compact towers like Thunderbird (One Valhalla - II) at 5 Valhalla Inn Rd and Triumph (One Valhalla - III) at 9 Valhalla Inn Rd demand higher rates of $3.63 per square foot and $3.67 per square foot respectively, despite offering smaller average footprints of 624 square feet and 642 square feet.

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

West Village - Phase 2 delivers a robust lifestyle and amenity profile featuring a concierge and security service, indoor pool, fully equipped gym and fitness centre, and rooftop terrace. When contrasted with its immediate neighbor West Village - Phase 1 at 6 Eva Rd, the subject building matches core wellness offerings while omitting shared laundry rooms in favor of in-suite facilities. Against newer completions like Evermore at West Village at 10 Eva Rd, which integrates dedicated yoga studios, kids' play rooms, and music rooms, West Village - Phase 2 emphasizes traditional high-rise staples such as a games and billiards room and sauna and steam facilities. Compared to the Valhalla Inn corridor properties like Thunderbird (One Valhalla - II) and Triumph (One Valhalla - III), which feature extensive outdoor courtyards, shuttle services, and business centres, the subject building caters directly to professionals and small households seeking reliable, wellness-focused condominium amenities without sprawling multi-acre grounds.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around West Village - II.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Sauna & Steam Room
  • Rooftop Terrace
  • BBQ Area
  • Media & Theatre Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for West Village - II.

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.