Rodeo Drive at Don Mills - 2 — Rental Market Data

Rodeo Drive at Don Mills – 2 closed leases in 27 days on average over the trailing 30 days, matching the Don Mills submarket benchmark of 27 days. The 90-day average DOM tightened to 25 days across 10 closed leases, while the lifetime average sits at 21 days over all 15 transactions. Leasing velocity moderated slightly from spring into late summer: April saw just one close, May jumped to four, June dipped to two, and July and August each recorded four closings, indicating a steady but not accelerating turnover cadence through the peak rental season.

Rodeo Drive at Don Mills – 2 tenants negotiated an average discount of $30 per month (1.37% below asking), saving them $360 per year in rent. This represents clear tenant leverage and a landlord concession rather than any pricing premium. Only 26.7% of the 15 lifetime leases closed under asking price, meaning roughly three in four units settled at or above the listed rate, so the discount, while real, is a minority outcome in this building's transaction history.

The two highest-volume anchor layouts at Rodeo Drive at Don Mills – 2 are the 1-Bedroom (7 leases, $2,130 average, 24-day DOM) and the 1-Bedroom + Den (3 leases, $2,308 average, 28-day DOM). The 1-Bedroom tier, a statistically robust benchmark of seven closed leases, averages $2,130 per month with a median of $2,175, a P25–P75 range of $2,124 to $2,195, an average suite size of 486 square feet at $4.47 per square foot, and a 24-day DOM. The 1-Bedroom + Den tier is a limited sample of three leases (directional reference only), averaging $2,308 per month with a median of $2,350, a P25–P75 range of $2,250 to $2,388, an average size of 644 square feet at $3.61 per square foot, and a 28-day DOM. The 2-Bedroom + Den tier is also a limited sample of three leases (directional reference only), averaging $3,129 per month with a median of $3,000, a P25–P75 range of $3,000 to $3,194, an average size of 920 square feet at $3.40 per square foot, and an 8-day DOM. The 2-Bedroom tier is a limited sample of two leases (directional reference only), averaging $2,625 per month with a median of $2,625, a P25–P75 range of $2,562 to $2,688, an average size of 650 square feet at $4.04 per square foot, and a 20-day DOM.

Rodeo Drive at Don Mills – 2 carries a verified leased parking premium of $261 per month above the base suite rent. This bundling pattern is consistent with standard inclusion in larger two-bedroom units, where parking is typically part of the lease package rather than a standalone add-on. Active asking parking data is inconclusive due to an unreliable outlier or insufficient paired sample, so no reliable comparison can be drawn between realized and current asking parking rates at this time.

Rodeo Drive at Don Mills – 2 shows a clear downward rent trajectory from spring into late summer, with the average closing rent falling from $3,000 in April to $2,254 by August. April closed one lease at $3,000 per month, $3.44 per square foot, and a 7-day DOM. May closed four leases at $2,809 per month, $4.06 per square foot, and a 17-day DOM. June closed two leases at $2,188 per month, $4.72 per square foot, and a 19-day DOM. July closed four leases at $2,213 per month, $3.82 per square foot, and a 25-day DOM. August closed four leases at $2,254 per month, $4.01 per square foot, and a 27-day DOM.