Market Data as of August 31, 2026
One Sherway - Tower IV — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
One Sherway – Tower IV at 205 Sherway Gardens Rd in Etobicoke South is a 278-suite residential tower completed in 2013 by Menkes Developments and Great Gulf Homes. As of August 31, 2026, the building carries a single active listing representing a 0.4 percent availability rate. Leasing activity over the trailing 90 days produced five closed leases at an average of $2,420 per month with a 21-day average time on market, while the most recent 30-day cohort closed three leases averaging $2,533 per month and a 16-day average DOM.
The lone active suite is a 650-square-foot one-bedroom plus den asking $2,350 per month, which works out to $3.62 per square foot. That rate sits below the 90-day realized lease average of $3.80 per square foot, even though the current listing's footprint of 650 square feet is modestly larger than the 620-square-foot average across all tracked historical leases. Against the broader Etobicoke South submarket asking benchmark of $3.90 per square foot, One Sherway – Tower IV's active rate is 7.2 percent more competitive on a per-square-foot basis.
Marketing friction appears minimal given the six-day active DOM, which trails the submarket average of 22 days by a wide margin, though the single-listing sample limits statistical confidence. Across all ten tracked closed leases, tenants secured an average concession of $10 per month, or 0.5 percent below asking, with 20 percent of deals closing under the initial list price. Active inventory depth is effectively zero beyond this one unit; renters seeking additional options in the building should monitor for new listings or turn to the 35 other available units across the Etobicoke South submarket.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at One Sherway - Tower IV as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at One Sherway - Tower IV recently?
One Sherway – Tower IV has exactly one active listing as of August 31, 2026, asking $2,350 per month with both the average and median rent at that same figure. The available suite spans 650 square feet at an asking rate of $3.62 per square foot. The 100 percent layout share belongs to a one-bedroom plus den configuration, placing the current inventory squarely in the compact entry-level tier rather than multi-bedroom executive stock.
What floor plans and unit layouts are currently available at One Sherway - Tower IV?
The sole active layout at One Sherway – Tower IV is a one-bedroom plus den, representing 100 percent of available inventory with a single listing. That unit asks $2,350 per month across 650 square feet, yielding a rate of $3.62 per square foot. No other bedroom tiers—studio, two-bedroom, or three-bedroom—currently carry active listings in this building.
What is the average asking rent and $/SF by suite size at One Sherway - Tower IV?
With only one unit on the market at One Sherway – Tower IV, the minimum and maximum asking rents both sit at $2,350 per month, producing a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same 650-square-foot one-bedroom plus den at $3.62 per square foot. Because no second listing exists to establish a range, the pricing spread is effectively uncalculable beyond this single data point.
How much extra do parking spaces and dens cost at One Sherway - Tower IV?
Active den premium and square-footage delta figures for One Sherway – Tower IV cannot be reliably quantified from the current single-listing sample. Marginal cost per square foot for additional den space therefore remains unquoted. Parking stall premiums are likewise inconclusive; the available paired data is insufficient to isolate a dependable monthly add-on, and no specific parking fee should be assumed.
How do asking rents at One Sherway - Tower IV compare to local and municipal benchmarks?
One Sherway – Tower IV's active asking rent of $2,350 per month and $3.62 per square foot both undercut the Etobicoke South submarket averages of $2,689 per month and $3.90 per square foot. The 7.2 percent per-square-foot discount reflects a larger 650-square-foot footprint compared to the submarket's typical asking suite, meaning the nominal monthly rent gap is narrower than the rate-per-square-foot gap suggests. This single listing represents 1 out of 36 total active listings in the Etobicoke South submarket, or roughly 2.8 percent of available 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 One Sherway - Tower IV (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at One Sherway - Tower IV last month, and how fast did they rent?
One Sherway – Tower IV closed three leases in the trailing 30 days at an average 16 days on market, compared to five closings over 90 days at 21 DOM and a submarket benchmark of 22 DOM. The 30-day pace of three deals against a lifetime total of ten indicates leasing turnover accelerated into late summer after a quieter spring. The 90-day window captured five transactions at an average $2,420 per month, confirming that absorption picked up meaningfully from April through August rather than stalling.
What is the negotiation spread between asking rents and closed lease prices at One Sherway - Tower IV?
One Sherway – Tower IV tenants negotiated an average discount of $10 per month (0.5% below asking), translating to $120 in annual savings per lease. Twenty percent of tracked leases closed under the listed asking price, representing a modest but consistent landlord concession across the portfolio. The net negotiation spread of -$10 per month confirms tenant-favorable leverage, though the magnitude is small enough that most units settled very close to their advertised rate.
What are typical executed lease prices across different layouts at One Sherway - Tower IV?
The 1-Bedroom + Den layout dominates One Sherway – Tower IV's lease book with five closings at an average $2,260 per month and 28 DOM, while the 1-Bedroom tier accounts for four deals at $2,075 per month and 19 DOM. The 1-Bedroom + Den sample of five leases constitutes a statistically robust benchmark, with rents ranging from $2,250 to $2,300 (P25–P75), an average suite size of 610 square feet, and a rate of $3.73 per square foot. The 1-Bedroom tier is a limited sample of four leases serving as a directional indicator only; its median sits at $2,100 with a P25–P75 band of $2,050 to $2,125, average size of 550 square feet, and $3.77 per square foot. The 2-Bedroom + Den reflects an individual single transaction at $3,050 per month for 950 square feet ($3.21 per square foot) with 21 DOM, and should not be treated as a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at One Sherway - Tower IV?
One Sherway – Tower IV does not have sufficient paired lease data to isolate a reliable parking premium, so no verified monthly parking value can be quoted. Active listings at the building also show unreliable or insufficient paired samples for parking, meaning the market has not produced a clear, repeatable parking rate signal. Tenants should confirm whether parking is bundled into the suite rent or available as a separate add-on directly with the leasing office before signing.
How does the lease-to-listing ratio at One Sherway - Tower IV reflect current tenant demand?
One Sherway – Tower IV rents climbed from $2,150 per month in April to $2,533 per month by August, a clear upward trajectory across the five-month tracked window. April closed two deals at $2,150 per month ($3.60 per square foot, 15 DOM). May saw three closings at $2,083 per month ($3.58 per square foot, 34 DOM), where the nominal dip reflects compact suite footprints rather than property devaluation. June recorded one lease at $2,200 per month ($4.00 per square foot, 19 DOM). July closed one deal at $2,300 per month ($3.54 per square foot, 41 DOM), again showing a lower nominal rent driven by a larger suite footprint. August returned to three closings at $2,533 per month ($3.83 per square foot, 16 DOM), capping the strongest month in the series.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at One Sherway - Tower IV (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at One Sherway - Tower IV, and what was their re-listing price compared to previous asking?
One Sherway – Tower IV logged three delisted units against three trailing-30-day leases, producing a delisted-to-leased ratio of 100% (or 30% against the lifetime volume of ten leases). The breakdown includes two terminated listings and one expired listing, with zero suspended. This one-for-one friction ratio signals that every new lease in the last month was offset by a listing pulled from the market, a pattern consistent with landlords repricing or repositioning rather than genuine tenant turnover.
How do asking prices on de-listed suites compare to executed leases and active listings at One Sherway - Tower IV?
One Sherway – Tower IV's unrented units asked an average of $2,333 per month, which is $200 per month below the realized lease average of $2,265 per month on a nominal basis. This nominal gap is driven by smaller suite footprints in the delisted inventory, as the delisted rate per square foot of $3.83 actually exceeds the realized lease rate of $3.70 per square foot. The data demonstrates tenant resistance to high-density pricing: landlords listing compact suites at elevated per-square-foot rates failed to close, while larger suites at lower per-square-foot rates absorbed more quickly.
What market friction causes rental listings to stall or de-list at One Sherway - Tower IV?
One Sherway – Tower IV delisted units sat on market for an average of 100 days, compared to 24 days for realized leases, producing 76 excess marketing days of carrying cost. At the delisted asking rate of $2,333 per month, those 76 days represent roughly 2.5 months of lost rent—approximately $5,900—plus ongoing condo maintenance fees for the duration. Against the 30-day realized DOM of 16 days, the excess stretches to 84 days, underscoring that unrented inventory at this building carries a materially higher vacancy cost than successfully leased units.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 2170 | 608 | 3.57 | 30 |
| 2026-04-28 | 5 | 2170 | 608 | 3.57 | 31 |
| 2026-04-29 | 4 | 2137 | 598 | 3.58 | 36 |
| 2026-04-30 | 4 | 2137 | 598 | 3.58 | 37 |
| 2026-05-01 | 4 | 2137 | 598 | 3.58 | 38 |
| 2026-05-02 | 4 | 2137 | 598 | 3.58 | 39 |
| 2026-05-03 | 4 | 2137 | 598 | 3.58 | 40 |
| 2026-05-04 | 4 | 2137 | 598 | 3.58 | 41 |
| 2026-05-05 | 4 | 2137 | 598 | 3.58 | 42 |
| 2026-05-06 | 4 | 2137 | 598 | 3.58 | 43 |
| 2026-05-07 | 3 | 2216 | 613 | 3.62 | 53 |
| 2026-05-08 | 2 | 2200 | 595 | 3.71 | 53 |
| 2026-05-09 | 2 | 2200 | 595 | 3.71 | 54 |
| 2026-05-10 | 2 | 2200 | 595 | 3.71 | 55 |
| 2026-05-11 | 1 | 2299 | 640 | 3.59 | 80 |
| 2026-05-12 | 1 | 2299 | 640 | 3.59 | 81 |
| 2026-05-13 | 1 | 2299 | 640 | 3.59 | 82 |
| 2026-05-14 | 1 | 2299 | 640 | 3.59 | 83 |
| 2026-05-15 | 1 | 2299 | 640 | 3.59 | 84 |
| 2026-05-16 | 1 | 2299 | 640 | 3.59 | 85 |
| 2026-05-17 | 1 | 2299 | 640 | 3.59 | 86 |
| 2026-05-18 | 1 | 2299 | 640 | 3.59 | 87 |
| 2026-05-19 | 1 | 2299 | 640 | 3.59 | 88 |
| 2026-05-20 | 1 | 2299 | 640 | 3.59 | 89 |
| 2026-05-21 | 1 | 2299 | 640 | 3.59 | 90 |
| 2026-05-22 | 1 | 2299 | 640 | 3.59 | 91 |
| 2026-05-23 | 1 | 2299 | 640 | 3.59 | 92 |
| 2026-05-24 | 1 | 2299 | 640 | 3.59 | 93 |
| 2026-05-25 | 1 | 2299 | 640 | 3.59 | 94 |
| 2026-05-26 | 1 | 2299 | 640 | 3.59 | 95 |
| 2026-05-27 | 1 | 2299 | 640 | 3.59 | 96 |
| 2026-05-28 | 1 | 2299 | 640 | 3.59 | 97 |
| 2026-05-29 | 1 | 2299 | 640 | 3.59 | 98 |
| 2026-05-30 | 1 | 2299 | 640 | 3.59 | 99 |
| 2026-05-31 | 1 | 2299 | 640 | 3.59 | 100 |
| 2026-06-01 | 1 | 2299 | 640 | 3.59 | 101 |
| 2026-06-02 | 1 | 2299 | 640 | 3.59 | 102 |
| 2026-06-03 | 1 | 2299 | 640 | 3.59 | 103 |
| 2026-06-04 | 1 | 2299 | 640 | 3.59 | 104 |
| 2026-06-05 | 1 | 2299 | 640 | 3.59 | 105 |
| 2026-06-06 | 1 | 2299 | 640 | 3.59 | 106 |
| 2026-06-07 | 1 | 2299 | 640 | 3.59 | 107 |
| 2026-06-08 | 1 | 2299 | 640 | 3.59 | 108 |
| 2026-06-09 | 1 | 2299 | 640 | 3.59 | 109 |
| 2026-06-10 | 1 | 2299 | 640 | 3.59 | 110 |
| 2026-06-11 | 2 | 2250 | 595 | 3.80 | 56 |
| 2026-06-12 | 2 | 2250 | 595 | 3.80 | 57 |
| 2026-06-13 | 2 | 2250 | 595 | 3.80 | 58 |
| 2026-06-14 | 2 | 2250 | 595 | 3.80 | 59 |
| 2026-06-15 | 2 | 2250 | 595 | 3.80 | 60 |
| 2026-06-16 | 2 | 2250 | 595 | 3.80 | 61 |
| 2026-06-17 | 3 | 2266 | 613 | 3.71 | 41 |
| 2026-06-18 | 3 | 2266 | 613 | 3.71 | 42 |
| 2026-06-19 | 3 | 2266 | 613 | 3.71 | 43 |
| 2026-06-20 | 4 | 2287 | 598 | 3.85 | 33 |
| 2026-06-21 | 4 | 2287 | 598 | 3.85 | 34 |
| 2026-06-22 | 4 | 2287 | 598 | 3.85 | 35 |
| 2026-06-23 | 5 | 2300 | 608 | 3.80 | 29 |
| 2026-06-24 | 5 | 2300 | 608 | 3.80 | 30 |
| 2026-06-25 | 5 | 2300 | 608 | 3.80 | 31 |
| 2026-06-26 | 5 | 2300 | 608 | 3.80 | 32 |
| 2026-06-27 | 5 | 2300 | 608 | 3.80 | 33 |
| 2026-06-28 | 5 | 2300 | 608 | 3.80 | 34 |
| 2026-06-29 | 5 | 2300 | 608 | 3.80 | 35 |
| 2026-06-30 | 4 | 2325 | 623 | 3.75 | 40 |
| 2026-07-01 | 4 | 2325 | 623 | 3.75 | 41 |
| 2026-07-02 | 4 | 2325 | 623 | 3.75 | 42 |
| 2026-07-03 | 4 | 2325 | 623 | 3.75 | 43 |
| 2026-07-04 | 4 | 2325 | 623 | 3.75 | 44 |
| 2026-07-05 | 4 | 2325 | 623 | 3.75 | 45 |
| 2026-07-06 | 4 | 2325 | 623 | 3.75 | 46 |
| 2026-07-07 | 4 | 2325 | 623 | 3.75 | 47 |
| 2026-07-08 | 4 | 2325 | 623 | 3.75 | 48 |
| 2026-07-09 | 4 | 2325 | 623 | 3.75 | 49 |
| 2026-07-10 | 4 | 2325 | 623 | 3.75 | 50 |
| 2026-07-11 | 4 | 2325 | 623 | 3.75 | 51 |
| 2026-07-12 | 4 | 2325 | 623 | 3.75 | 52 |
| 2026-07-13 | 4 | 2325 | 623 | 3.75 | 53 |
| 2026-07-14 | 4 | 2325 | 623 | 3.75 | 54 |
| 2026-07-15 | 4 | 2325 | 623 | 3.75 | 55 |
| 2026-07-16 | 4 | 2325 | 623 | 3.75 | 56 |
| 2026-07-17 | 4 | 2325 | 623 | 3.75 | 57 |
| 2026-07-18 | 4 | 2325 | 623 | 3.75 | 58 |
| 2026-07-19 | 4 | 2325 | 623 | 3.75 | 59 |
| 2026-07-20 | 4 | 2325 | 623 | 3.75 | 60 |
| 2026-07-21 | 4 | 2325 | 623 | 3.75 | 61 |
| 2026-07-22 | 5 | 2310 | 608 | 3.82 | 50 |
| 2026-07-23 | 5 | 2310 | 608 | 3.82 | 51 |
| 2026-07-24 | 5 | 2310 | 608 | 3.82 | 52 |
| 2026-07-25 | 5 | 2310 | 608 | 3.82 | 53 |
| 2026-07-26 | 5 | 2310 | 608 | 3.82 | 54 |
| 2026-07-27 | 5 | 2310 | 608 | 3.82 | 55 |
| 2026-07-28 | 5 | 2450 | 668 | 3.75 | 47 |
| 2026-07-29 | 5 | 2450 | 668 | 3.75 | 48 |
| 2026-07-30 | 5 | 2450 | 668 | 3.75 | 49 |
| 2026-07-31 | 5 | 2450 | 668 | 3.75 | 50 |
| 2026-08-01 | 5 | 2450 | 668 | 3.75 | 51 |
| 2026-08-02 | 5 | 2450 | 668 | 3.75 | 52 |
| 2026-08-03 | 4 | 2475 | 698 | 3.61 | 56 |
| 2026-08-04 | 5 | 2440 | 668 | 3.73 | 45 |
| 2026-08-05 | 5 | 2440 | 668 | 3.73 | 46 |
| 2026-08-06 | 5 | 2440 | 668 | 3.73 | 47 |
| 2026-08-07 | 5 | 2440 | 668 | 3.73 | 48 |
| 2026-08-08 | 5 | 2440 | 668 | 3.73 | 49 |
| 2026-08-09 | 5 | 2440 | 668 | 3.73 | 50 |
| 2026-08-10 | 4 | 2487 | 698 | 3.64 | 60 |
| 2026-08-11 | 3 | 2550 | 747 | 3.46 | 78 |
| 2026-08-12 | 3 | 2550 | 747 | 3.46 | 79 |
| 2026-08-13 | 3 | 2550 | 747 | 3.46 | 80 |
| 2026-08-14 | 3 | 2550 | 747 | 3.46 | 81 |
| 2026-08-15 | 3 | 2550 | 747 | 3.46 | 82 |
| 2026-08-16 | 3 | 2550 | 747 | 3.46 | 83 |
| 2026-08-17 | 3 | 2550 | 747 | 3.46 | 84 |
| 2026-08-18 | 2 | 2325 | 645 | 3.60 | 118 |
| 2026-08-19 | 2 | 2325 | 645 | 3.60 | 119 |
| 2026-08-20 | 2 | 2325 | 645 | 3.60 | 120 |
| 2026-08-21 | 2 | 2325 | 645 | 3.60 | 121 |
| 2026-08-22 | 2 | 2325 | 645 | 3.60 | 122 |
| 2026-08-23 | 2 | 2325 | 645 | 3.60 | 123 |
| 2026-08-24 | 2 | 2325 | 645 | 3.60 | 124 |
| 2026-08-25 | 2 | 2325 | 645 | 3.60 | 93 |
| 2026-08-26 | 2 | 2325 | 645 | 3.60 | 94 |
| 2026-08-27 | 2 | 2325 | 645 | 3.60 | 95 |
| 2026-08-28 | 2 | 2325 | 645 | 3.60 | 96 |
| 2026-08-29 | 2 | 2325 | 645 | 3.60 | 97 |
| 2026-08-30 | 2 | 2325 | 645 | 3.60 | 98 |
| 2026-08-31 | 1 | 2350 | 650 | 3.62 | 6 |
12-Month Market Dynamics & Trend Trajectory
One Sherway – Tower IV realizes an average lease rent of $2,265 per month and $3.70 per square foot, positioning the building $170 per month below the Etobicoke South submarket average of $2,435 and $0.05 per square foot under the submarket rate of $3.75. The building's 24-day average DOM runs two days above the submarket benchmark of 22 days, suggesting a modest absorption lag that is more than offset by the rent discount tenants enjoy relative to neighbouring inventory. Pricing discipline at One Sherway – Tower IV skews tenant-favorable: 20% of tracked leases closed below asking, and the net negotiation spread averages $10 per month (0.5%) in the tenant's direction. The annualized concession of $120 per lease is modest in absolute terms, but the consistent discount pattern across multiple transactions confirms that landlords at this building are willing to concede small amounts to close deals rather than hold listings open. No premium or above-asking closures were recorded in the tracked dataset.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 2 | 2075 | 600 | 3.46 | 36 |
| 2026-05-10 | 1 | 2100 | 550 | 3.82 | 32 |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 2200 | 550 | 4.00 | 19 |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 2300 | 650 | 3.54 | 41 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 2 | 2275 | 550 | 4.14 | 13 |
| 2026-08-16 | 1 | 3050 | 950 | 3.21 | 21 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Comparing rental asking rates and price-per-square-foot ($/SF) at One Sherway - Tower IV with 6 tracked residential buildings in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at One Sherway - Tower IV compare to neighbouring buildings within Etobicoke South?
At $2,350/month ($3.62/SF), One Sherway - Tower IV maintains a competitive market position compared to surrounding properties.
Does One Sherway - Tower IV offer a competitive price-per-square-foot ($/SF) against local comparables?
Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.
How do building age, amenities, and developer reputation impact rent spreads?
Modern building amenities, concierge services, and construction vintage contribute to rent spreads between One Sherway - Tower IV and neighbouring options.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around One Sherway - Tower IV.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Party & Lounge Room
- Media & Theatre Room
- Meeting Room
- Rooftop Terrace
- Garden & Courtyard
- Games & Billiards Room
- Golf Simulator
- Dining Room & Kitchen
- Massage Room
Residential Buildings in the Vicinity
- One Sherway - The Final Tower14 m
- One Sherway - Tower II120 m
- One Sherway - Tower I131 m
- B-Line Condos1.3 km
- Etobicoke Gardens2.1 km
- The Fairways2.1 km
- Lakeshore Park Estates II2.3 km
- Lakeshore Park Estates Ⅰ2.4 km
- Aquaview2.4 km
- Lakewood by the Park2.5 km
- Watermark2.6 km
- Waterford Terrace2.6 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for One Sherway - Tower IV.
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.