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Market Data as of August 31, 2026

Waterview II - Voyager — Rental Market Data

2119 Lake Shore Blvd W, Etobicoke, Ontario M8V 4E8
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,475/mo
Date Leased: August 28, 2026
Rent psf$3.30/sf
Turnover VelocityFast (10d)
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2005
Total Suites193
DeveloperMonarch Group

Waterview II - Voyager at 2119 Lake Shore Blvd W in Mimico, Etobicoke, is a 193-suite residential building completed in 2005 by Monarch Group. As of August 31, 2026, the tower is fully occupied with zero units currently listed for rent, placing its availability rate at 0 percent. Recent leasing activity shows one closed lease in the trailing 30 days at an average of $2,475 per month with a 10-day time on market, and two closed leases in the trailing 90 days averaging $2,888 per month with a 23-day average DOM.

With no active listings to benchmark, the building's realized lease data serves as the pricing reference: an all-time average of $2,594 per month across 750 square feet of suite space, translating to $3.46 per square foot. That realized rate sits 15.3 percent below the Mimico submarket asking benchmark of $4.45 per square foot and 13.3 percent below the submarket average lease rate of $4.00 per square foot, reflecting the building's more compact footprint relative to newer Mimico inventory. The submarket's average asking rent of $3,167 per month further underscores that Waterview II - Voyager has historically priced below the broader area.

Marketing friction at this address is low for units that do hit the market: the 30-day average DOM of 10 days runs well under the Mimico submarket benchmark of 24 days, and the 90-day figure of 23 days lands just below that threshold. However, two delisted units sat an average of 44 days on market at an asking price of $3,200 per month, a 29.3 percent premium over realized lease averages, signalling that overpriced listings stall in this building. Across all four tracked closed leases, tenants negotiated an average discount of $50 per month (1.43 percent below asking), a tenant-favorable concession worth $600 per year. With zero active inventory, prospective renters should direct their search to the 61 other available listings across the Mimico submarket.

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,475/mo
Date LeasedAugust 28, 2026
Rent psf$3.30/sf
Turnover VelocityFast (10d)
Active Inventory Status0 Available

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 Waterview II - Voyager (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,475
Avg Leased Size750 sf
Avg Days to Lease10d
Leased $/SF$3.30

Leased Transaction Insights & Questions

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

Waterview II – Voyager closed one lease in the trailing 30 days at a 10-day DOM, compared with a 23-day average over 90 days and a 24-day Mimico submarket benchmark. The 90-day window captured two closings, while the full trailing year and lifetime record each total four leases. Leasing cadence has been thin and sporadic rather than accelerating, with only a single transaction in the most recent month against a 193-suite inventory.

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

Waterview II – Voyager tenants negotiated an average discount of $50 per month (1.43% below asking), translating to $600 in annual savings per unit. One in four tracked leases—25.0%—closed under the listed asking price, confirming measurable tenant leverage and landlord concession across the sample. The remaining leases settled at or near asking, so the discount pattern is directional rather than universal.

What are typical executed lease prices across different layouts at Waterview II - Voyager?

The 1-Bedroom layout is the volume anchor at two closed leases averaging $2,300 per month with a 10-day DOM, while the 1-Bedroom + Den tier adds one lease at $2,475 per month over 750 square feet. The 1-Bedroom tier (650 sq ft, $3.54 per square foot) is a limited sample of two deals and should be treated as a directional indicator only. The 1-Bedroom + Den at $2,475 per month ($3.30 per square foot, 750 sq ft, 10-day DOM) represents an individual single transaction, not a broad statistical benchmark. The 2-Bedroom + Den closed once at $3,300 per month ($3.47 per square foot, 950 sq ft, 36-day DOM) and is likewise an individual single deal rather than a reliable market rate.

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

Waterview II – Voyager does not have sufficient paired lease-and-parking data to isolate a realized parking premium. The platform flags this as inconclusive, and no verified monthly parking figure can be quoted from the tracked transactions. Active-listing parking data is similarly unreliable due to outlier or sample-size issues, so any parking valuation for this building remains unconfirmed.

How does the lease-to-listing ratio at Waterview II - Voyager reflect current tenant demand?

Waterview II – Voyager shows a volatile rent trajectory across the tracked spring-to-summer window, with nominal averages swinging from $2,300 in April to $3,300 in June before settling at $2,475 in August. April recorded two closings at $2,300 per month ($3.54 per square foot, 10-day DOM). June's single lease hit $3,300 per month but at a lower $3.47 per square foot over 950 square feet with a 36-day DOM; the nominal jump reflects a larger suite footprint rather than a rate increase. August closed one lease at $2,475 per month ($3.30 per square foot, 10-day DOM), bringing the per-square-foot rate back in line with the 1-Bedroom tier.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units2
Avg Asking Price$3,200
Avg Suite Size850 sf
Avg Days on Market44d
Delisted $/SF$3.76

De-Listed Market Analysis & Questions

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

Waterview II – Voyager logged two delisted units against one trailing-30-day lease, producing a 200% delisted-to-leased ratio (50% against the four-lease lifetime volume). The breakdown is one expired listing and one suspended listing, with zero terminations. At this scale the ratio functions as a market-friction signal: unrented inventory is cycling out at twice the pace of new leases in the most recent month.

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

Waterview II – Voyager's two unrented units asked an average of $3,200 per month, which is $725 per month (29.3%) above the $2,475 realized 30-day lease average. The delisted rate of $3.76 per square foot also sits well above the $3.30 per square foot clearing rate, confirming direct overpricing relative to what tenants actually paid. This spread indicates landlords priced these suites above market-clearing levels rather than reflecting a difference in suite size.

What market friction causes rental listings to stall or de-list at Waterview II - Voyager?

Waterview II – Voyager delisted units sat on the market for an average of 44 days, compared with a 10-day realized lease DOM in the trailing 30 days. That 34-day excess translates to roughly 1.1 months of lost rent at the $3,200 asking rate—approximately $3,627 in foregone revenue—plus ongoing condo maintenance fees for the duration. Against the lifetime 16-day lease DOM, the excess is 28 days, still representing nearly a full month of carrying cost before a unit finally re-enters the market.

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
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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)
2026-04-27123006503.5414
2026-05-19133009503.47N/A
2026-05-20133009503.471
2026-05-21133009503.472
2026-05-22133009503.473
2026-05-23133009503.474
2026-05-24133009503.475
2026-05-25133009503.476
2026-05-26133009503.477
2026-05-27133009503.478
2026-05-28133009503.479
2026-05-29133009503.4710
2026-05-30133009503.4711
2026-05-31133009503.4712
2026-06-01133009503.4713
2026-06-02133009503.4714
2026-06-03133009503.4715
2026-06-04133009503.4716
2026-06-05133009503.4717
2026-06-06133009503.4718
2026-06-07133009503.4719
2026-06-08133009503.4720
2026-06-09133009503.4721
2026-06-10133009503.4722
2026-06-11133009503.4723
2026-06-12133009503.4724
2026-06-13133009503.4725
2026-06-14133009503.4726
2026-06-15133009503.4727
2026-06-16133009503.4728
2026-06-17133009503.4729
2026-06-18133009503.4730
2026-06-19233509003.7416
2026-06-20233509003.7417
2026-06-21233509003.7418
2026-06-22233509003.7419
2026-06-23233509003.7420
2026-06-24134008504.005
2026-06-25134008504.006
2026-06-26134008504.007
2026-06-27134008504.008
2026-06-28134008504.009
2026-06-29134008504.0010
2026-06-30134008504.0011
2026-07-01134008504.0012
2026-07-02134008504.0013
2026-07-03134008504.0014
2026-07-04134008504.0015
2026-07-05134008504.0016
2026-07-06134008504.0017
2026-07-07134008504.0018
2026-07-08134008504.0019
2026-07-09134008504.0020
2026-07-10230758503.6211
2026-07-11230758503.6212
2026-07-12230758503.6213
2026-07-13230758503.6214
2026-07-14230758503.6215
2026-07-15230758503.6216
2026-07-16230758503.6217
2026-07-17230758503.6218
2026-07-18230758503.6219
2026-07-19230758503.6220
2026-07-20230758503.6221
2026-07-21230758503.6222
2026-07-22230758503.6223
2026-07-23134008504.0034
2026-07-24134008504.0035
2026-07-25134008504.0036
2026-07-26134008504.0037
2026-07-27134008504.0038
2026-07-28134008504.0039
2026-07-29134008504.0040
2026-07-30134008504.0041
2026-07-31134008504.0042
2026-08-01134008504.0043
2026-08-02134008504.0044
2026-08-03232008503.7623
2026-08-04232008503.7624
2026-08-05232008503.7625
2026-08-06232008503.7626
2026-08-07232008503.7627
2026-08-08232008503.7628
2026-08-09232008503.7629
2026-08-10232008503.7630
2026-08-11232008503.7631
2026-08-12232008503.7632
2026-08-13232008503.7633
2026-08-14232008503.7634
2026-08-15232008503.7635
2026-08-16232008503.7636
2026-08-17232008503.7637
2026-08-18229388003.6530
2026-08-19229388003.6531
2026-08-20229388003.6532
2026-08-21229388003.6533
2026-08-22229388003.6534
2026-08-23229388003.6535
2026-08-24229388003.6536
2026-08-25229388003.6537
2026-08-26229388003.6538
2026-08-27229388003.6539
2026-08-28134008504.0070
2026-08-29134008504.0071
2026-08-30134008504.0072

12-Month Market Dynamics & Trend Trajectory

Waterview II – Voyager realized an average rent of $2,594 per month and $3.46 per square foot across four tracked leases, trading 8.7% below the Mimico submarket average lease rent of $2,843 and 15.3% below the submarket's $4.00 per square foot clearing rate. The building's 750-square-foot average suite size is in line with the submarket's implied 712-square-foot benchmark, so the discount is a genuine rate gap rather than a footprint advantage. Pricing discipline at Waterview II – Voyager skews tenant-favorable: 25.0% of tracked leases closed below asking, with an average concession of $50 per month (1.43%). The net negotiation spread of -$50 per month and the $600 annualized tenant savings confirm that landlords absorbed modest price pressure rather than holding firm at list. No leases closed above asking in the sample, so landlord pricing leverage was limited across this period.

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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.

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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)
2026-06-21133009503.4736
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23124757503.3010

Nearby Building Rental Comparables & Price Spreads

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

Waterview II - Voyager at 2119 Lake Shore Blvd W sits in a tightly clustered Mimico pocket where four nearby competitors all recorded closed lease transactions over the trailing 180 days, giving renters a genuinely active pricing corridor. The closest peer is Waterview I - Voyager at 2121 Lake Shore Blvd W, just 0.04 kilometres away and built in 2004, which logged 8 closed leases. Newport Beach I & II at 2111 Lake Shore Blvd W (0.14 km, built in 2000) recorded 2 closed leases, while Nautilus at Waterview on 16 Brookers Lane (0.14 km, built in 2012) posted the highest volume at 14 closed leases. Waterview III & IV - Explorer at 58 Marine Parade Dr (0.18 km, built in 2007) closed 7 leases in the same window. The four buildings span a 12-year construction window from 2000 to 2012, with the subject's 2005 completion placing it squarely in the middle of that structural generation. The overall comp benchmark across these four buildings averages $3,261 per month in realized rent, $3.74 per square foot, and 929 square feet of interior space. Waterview II - Voyager's all-time leased average of $2,594 per month and 750 square feet positions the subject below the comp set on both nominal rent and total footprint, while its $3.46 per square foot rate also sits under the $3.74 comp average. The subject's 193-suite scale and mid-2000s construction give it a value proposition anchored in generous interior square footage relative to its monthly cost, appealing to renters who prioritize living space over the newest finishes found in the 2012 Nautilus tower.

2121 Lake Shore Blvd W, Etobicoke

Avg Asking$2,472/mo
Avg $/SF$3.65
Rent Spread:
N/A

16 Brookers Lane, Etobicoke

Avg Asking$2,684/mo
Avg $/SF$3.70
Rent Spread:
N/A

2111 Lake Shore Blvd W, Etobicoke

Avg Asking$4,813/mo
Avg $/SF$3.62
Rent Spread:
N/A

58 Marine Parade Dr, Etobicoke

Avg Asking$2,928/mo
Avg $/SF$4.15
Rent Spread:
N/A

2087 Lake Shore Blvd W, Etobicoke

Avg Asking$2,667/mo
Avg $/SF$3.71
Rent Spread:
N/A

80 Marine Parade Dr, Etobicoke

Avg Asking$2,894/mo
Avg $/SF$3.88
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Waterview II - Voyager compare to neighbouring buildings within Mimico?

Waterview II - Voyager's all-time average realized lease rent of $2,594 per month runs $667 below the four-comp benchmark of $3,261, a gap driven largely by the outsized Newport Beach I & II figure. Against Waterview I - Voyager (2121 Lake Shore Blvd W, 0.04 km, 8 closed leases, $2,472 average rent, $3.64 per square foot, 704 sq ft), the subject commands a higher monthly rent of $122. Newport Beach I & II (2111 Lake Shore Blvd W, 0.14 km, 2 closed leases, $5,400 average rent, $3.35 per square foot, 1,613 sq ft) trades at a monthly rent $2,806 higher than the subject. Nautilus at Waterview (16 Brookers Lane, 0.14 km, 14 closed leases, $2,608 average rent, $3.72 per square foot, 736 sq ft) sits just $14 above the subject's realized rent. Waterview III & IV - Explorer (58 Marine Parade Dr, 0.18 km, 7 closed leases, $2,564 average rent, $4.23 per square foot, 664 sq ft) trades at a monthly rent $30 lower than the subject. All four competitors recorded at least 2 closed leases in the trailing 180 days, so each provides a realized pricing benchmark rather than a zero-transaction reference.

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

Waterview II - Voyager leases at $3.46 per square foot with an average suite of 750 square feet, placing it below the comp-set average of $3.74 per square foot and 929 square feet while offering a mid-range monthly outlay. Against Waterview I - Voyager, the subject trades at a $0.18 per square foot (4.9%) discount while providing 46 more interior square feet, meaning the slightly higher nominal rent is entirely a function of the larger footprint rather than a rate premium. Newport Beach I & II presents the sharpest trade-off: the subject commands a $0.11 per square foot (3.3%) premium over that comp yet provides 863 fewer interior square feet, so the dramatically lower monthly rent reflects the much smaller suite size, not weaker asset valuation. Nautilus at Waterview shows the subject trading at a $0.26 per square foot (7.0%) discount with 14 more square feet, a near-identical rent outcome driven by marginally different footprints. Waterview III & IV - Explorer carries the widest spread, with the subject at a $0.77 per square foot (18.2%) discount while delivering 86 more interior square feet, making it the most space-efficient option in the immediate cluster for renters comparing value per dollar.

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

Waterview II - Voyager fields an 18-item amenity suite that includes an EV charging station and a dedicated massage room—two features absent from every one of its four nearby competitors. Compared with Waterview I - Voyager, the subject adds the EV charging station, massage room, and a dining room and kitchen; against Newport Beach I & II, the gap widens to include the indoor pool, hot tub and jacuzzi, car wash bay, golf simulator, media and theatre room, dining room and kitchen, garden and courtyard, EV charging station, and massage room. Nautilus at Waterview and Waterview III & IV - Explorer each offer a yoga studio or business centre and spa centre that the subject does not carry, but neither includes the EV charging station or massage room found here. The subject's package—anchored by aquatic wellness (indoor pool, hot tub, sauna and steam), a full gym, golf simulator, rooftop terrace, and the EV-ready parking infrastructure—best serves the cost-conscious professional or young family who wants resort-style daily amenities and modern parking readiness without paying the premium embedded in the newer 2012 Nautilus tower or the ultra-large Newport Beach suites.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Waterview II - Voyager.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Car Wash Bay
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Golf Simulator
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Massage Room

Data Methodology & Analytical Standards

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

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.