Market Data as of August 31, 2026
Eagle Ridge — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Eagle Ridge at 2155 Burnhamthorpe Rd W in Mississauga West is a 224-suite residential tower built in 1990 by Erin Mills Development, and as of August 31, 2026, the building is fully occupied with zero units currently listed for rent. The availability rate stands at 0 percent, meaning none of the 47 active listings across the broader Mississauga West submarket originate from this address. Leasing activity remains modest but steady: one lease closed in the trailing 30 days at an average of $3,250 per month with an 18-day time on market, while four leases sealed over the past 90 days averaged $3,063 per month and a 14-day average days on market.
With no active asking rents to benchmark, pricing intelligence draws on the building's five tracked historical leases, which averaged $2,910 per month at a realized rate of $2.76 per square foot across an average suite footprint of 1,070 square feet. That realized per-square-foot rate sits 22.1 percent below the Mississauga West submarket asking benchmark of $3.63 per square foot and 19.8 percent below the submarket realized lease average of $3.44 per square foot, reflecting the building's larger-than-average suite sizes relative to the surrounding inventory. The nominal monthly rent of $2,910 exceeds the submarket average lease of $2,605 by roughly $305, a gap driven entirely by the expanded square footage rather than a premium rate structure.
Marketing friction at Eagle Ridge is effectively absent in the delisting record, with zero units expired, terminated, or suspended across the tracked period. However, because no active listings exist, there is no current days-on-market figure to stress-test against the submarket's 22-day average; the 14-day average DOM on closed leases suggests units that do hit the market lease within roughly two weeks. For prospective renters, the practical path forward is to monitor the building for future vacancies or pivot to the 47 active listings available elsewhere in Mississauga West, where the average asking rent is $2,685 per month.
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Last Realized Lease
Transaction metrics for the most recently leased suite
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 Eagle Ridge (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Eagle Ridge last month, and how fast did they rent?
Eagle Ridge at 2155 Burnhamthorpe Rd W recorded a 30-day average DOM of 18 days and a 90-day average DOM of 14 days, both under the Mississauga West submarket benchmark of 22 days. One lease closed in the trailing 30 days, four in the trailing 90 days, and five across the building's full tracked history. Leasing cadence moderated slightly in August after a two-deal July, but the overall turnover remains a five-lease sample rather than a high-volume pipeline.
What is the negotiation spread between asking rents and closed lease prices at Eagle Ridge?
Eagle Ridge tenants negotiated an average discount of $90 per month (2.91% below asking) across tracked leases, translating to $1,080 in annual savings per unit. Three of five leases—60.0%—closed below the landlord's listed asking price, confirming measurable tenant leverage in this Mississauga West submarket. This pattern reflects landlord concession rather than pricing strength, with the building's 1990 construction and 224-suite scale giving renters room to push back on price.
What are typical executed lease prices across different layouts at Eagle Ridge?
The 2-Bedroom layout dominates Eagle Ridge's lease volume with three closed deals at an average of $3,083 per month and a 13-day DOM, representing a small sample of directional reference only. The 1-Bedroom tier recorded one individual transaction at $2,300 per month across 750 sq ft ($3.07 per square foot, 16-day DOM), which is a single deal and not a broad statistical benchmark. The 2-Bedroom + Den layout also closed one individual transaction at $3,000 per month across 1,100 sq ft ($2.73 per square foot, 17-day DOM), likewise representing a single transaction rather than a statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Eagle Ridge?
Eagle Ridge's realized leased parking premium cannot be isolated due to insufficient paired data across the five tracked leases. No verified parking allocation was confirmed in the lease records, and active asking parking rates are unavailable with zero current listings on the market. Tenants should treat any parking cost as a separate negotiation item rather than a bundled component of the suite rent.
How does the lease-to-listing ratio at Eagle Ridge reflect current tenant demand?
Eagle Ridge rents trended upward from $2,300 in May 2026 to $3,250 in August 2026 across four months of tracked closings. May closed one deal at $2,300 per month ($3.07 per square foot, 16-day DOM), reflecting a compact 750 sq ft one-bedroom rather than a property devaluation. June and July each recorded deals at $3,000 per month, with July closing two leases in just 10 days on average. August's single lease at $3,250 per month carried the lowest rate per square foot at $2.50, indicating a larger suite footprint rather than a pricing correction.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 1 | 2400 | 750 | 3.20 | 9 |
| 2026-04-28 | 1 | 2400 | 750 | 3.20 | 10 |
| 2026-04-29 | 1 | 2400 | 750 | 3.20 | 11 |
| 2026-04-30 | 1 | 2400 | 750 | 3.20 | 12 |
| 2026-05-01 | 1 | 2400 | 750 | 3.20 | 13 |
| 2026-05-02 | 1 | 2400 | 750 | 3.20 | 14 |
| 2026-05-03 | 1 | 2400 | 750 | 3.20 | 15 |
| 2026-05-19 | 1 | 3100 | 1100 | 2.82 | N/A |
| 2026-05-20 | 1 | 3100 | 1100 | 2.82 | 1 |
| 2026-05-21 | 1 | 3100 | 1100 | 2.82 | 2 |
| 2026-05-22 | 1 | 3100 | 1100 | 2.82 | 3 |
| 2026-05-23 | 1 | 3100 | 1100 | 2.82 | 4 |
| 2026-05-24 | 1 | 3100 | 1100 | 2.82 | 5 |
| 2026-05-25 | 1 | 3100 | 1100 | 2.82 | 6 |
| 2026-05-26 | 1 | 3100 | 1100 | 2.82 | 7 |
| 2026-05-27 | 1 | 3100 | 1100 | 2.82 | 8 |
| 2026-05-28 | 1 | 3100 | 1100 | 2.82 | 9 |
| 2026-05-29 | 1 | 3100 | 1100 | 2.82 | 10 |
| 2026-05-30 | 1 | 3100 | 1100 | 2.82 | 11 |
| 2026-05-31 | 1 | 3100 | 1100 | 2.82 | 12 |
| 2026-06-01 | 1 | 3100 | 1100 | 2.82 | 13 |
| 2026-06-02 | 1 | 3100 | 1100 | 2.82 | 14 |
| 2026-06-03 | 1 | 3100 | 1100 | 2.82 | 15 |
| 2026-06-04 | 1 | 3100 | 1100 | 2.82 | 16 |
| 2026-07-07 | 1 | 2900 | 990 | 2.93 | N/A |
| 2026-07-08 | 1 | 2900 | 990 | 2.93 | 1 |
| 2026-07-09 | 1 | 2900 | 990 | 2.93 | 2 |
| 2026-07-10 | 1 | 2900 | 990 | 2.93 | 3 |
| 2026-07-11 | 1 | 2900 | 990 | 2.93 | 4 |
| 2026-07-12 | 1 | 2900 | 990 | 2.93 | 5 |
| 2026-07-13 | 1 | 2900 | 990 | 2.93 | 6 |
| 2026-07-14 | 1 | 2900 | 990 | 2.93 | 7 |
| 2026-07-15 | 1 | 2900 | 990 | 2.93 | 8 |
| 2026-07-16 | 1 | 2900 | 990 | 2.93 | 9 |
| 2026-07-17 | 1 | 2900 | 990 | 2.93 | 10 |
| 2026-07-18 | 1 | 2900 | 990 | 2.93 | 11 |
| 2026-07-19 | 1 | 2900 | 990 | 2.93 | 12 |
| 2026-07-20 | 3 | 3300 | 1167 | 2.84 | 4 |
| 2026-07-21 | 3 | 3300 | 1167 | 2.84 | 5 |
| 2026-07-22 | 3 | 3300 | 1167 | 2.84 | 6 |
| 2026-07-23 | 3 | 3367 | 1240 | 2.72 | 2 |
| 2026-07-24 | 3 | 3367 | 1240 | 2.72 | 3 |
| 2026-07-25 | 3 | 3367 | 1240 | 2.72 | 4 |
| 2026-07-26 | 3 | 3367 | 1240 | 2.72 | 5 |
| 2026-07-27 | 2 | 3500 | 1255 | 2.79 | 7 |
| 2026-07-28 | 2 | 3500 | 1255 | 2.79 | 8 |
| 2026-07-29 | 2 | 3500 | 1255 | 2.79 | 9 |
| 2026-07-30 | 2 | 3500 | 1255 | 2.79 | 10 |
| 2026-07-31 | 2 | 3500 | 1255 | 2.79 | 11 |
| 2026-08-01 | 2 | 3500 | 1255 | 2.79 | 12 |
| 2026-08-02 | 2 | 3500 | 1255 | 2.79 | 13 |
| 2026-08-03 | 2 | 3500 | 1255 | 2.79 | 14 |
| 2026-08-04 | 2 | 3500 | 1255 | 2.79 | 15 |
| 2026-08-05 | 2 | 3500 | 1255 | 2.79 | 16 |
| 2026-08-06 | 2 | 3500 | 1255 | 2.79 | 17 |
| 2026-08-07 | 1 | 3500 | 1210 | 2.89 | 18 |
| 2026-08-08 | 1 | 3500 | 1210 | 2.89 | 19 |
| 2026-08-09 | 1 | 3500 | 1210 | 2.89 | 20 |
| 2026-08-10 | 1 | 3500 | 1210 | 2.89 | 21 |
| 2026-08-11 | 1 | 3500 | 1210 | 2.89 | 22 |
| 2026-08-12 | 1 | 3500 | 1210 | 2.89 | 23 |
| 2026-08-13 | 1 | 3500 | 1210 | 2.89 | 24 |
| 2026-08-14 | 1 | 3500 | 1210 | 2.89 | 25 |
| 2026-08-15 | 1 | 3500 | 1210 | 2.89 | 26 |
| 2026-08-16 | 1 | 3500 | 1210 | 2.89 | 27 |
| 2026-08-17 | 1 | 3500 | 1210 | 2.89 | 28 |
| 2026-08-18 | 1 | 3500 | 1210 | 2.89 | 29 |
| 2026-08-19 | 1 | 3500 | 1210 | 2.89 | 30 |
| 2026-08-20 | 1 | 3500 | 1210 | 2.89 | 31 |
| 2026-08-21 | 1 | 3500 | 1210 | 2.89 | 32 |
| 2026-08-22 | 1 | 3500 | 1210 | 2.89 | 33 |
| 2026-08-23 | 1 | 3500 | 1210 | 2.89 | 34 |
| 2026-08-24 | 1 | 3500 | 1210 | 2.89 | 35 |
| 2026-08-25 | 1 | 3500 | 1210 | 2.89 | 36 |
| 2026-08-26 | 1 | 3500 | 1210 | 2.89 | 37 |
| 2026-08-27 | 1 | 3500 | 1210 | 2.89 | 38 |
| 2026-08-28 | 1 | 3500 | 1210 | 2.89 | 39 |
| 2026-08-29 | 1 | 3500 | 1210 | 2.89 | 40 |
| 2026-08-30 | 1 | 3500 | 1210 | 2.89 | 41 |
| 2026-08-31 | 1 | 3500 | 1210 | 2.89 | 42 |
12-Month Market Dynamics & Trend Trajectory
Eagle Ridge's average realized rent of $2,910 per month sits $305 above the Mississauga West submarket average of $2,605, a roughly 12% premium on nominal dollars. However, the building's average rate of $2.76 per square foot runs 22.1% below the submarket's $3.44 per square foot, meaning Eagle Ridge tenants are paying more in total but getting significantly more space per dollar than the surrounding market. The 1,070 sq ft average suite size explains this inversion: larger footprints dilute the per-square-foot rate even as the headline rent clears above submarket norms. On pricing discipline, 60% of Eagle Ridge's five tracked leases closed below asking, with tenants capturing an average $90 per month discount (2.91%). This represents $1,080 in annualized savings per unit and confirms tenant-favorable negotiation leverage in this Mississauga West submarket. The landlord concession pattern is consistent across the sample, suggesting that listed asking prices at this 1990-era building carry a built-in buffer that renters routinely negotiate away.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2300 | 750 | 3.07 | 16 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 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 | 1 | 3000 | 1100 | 2.73 | 17 |
| 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 | 0 | N/A | N/A | N/A | N/A |
| 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 | 1 | 2900 | 990 | 2.93 | 16 |
| 2026-07-26 | 1 | 3100 | 1210 | 2.56 | 4 |
| 2026-08-02 | 1 | 3250 | 1300 | 2.50 | 18 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Eagle Ridge at 2155 Burnhamthorpe Rd W competes within a tight cluster of four nearby buildings in Mississauga West, spanning completion eras from 1990 to 2015. The nearest active peer is Nevada at Eagle Ridge at 2177 Burnhamthorpe Rd W, just 0.09 kilometres away and completed in 1991, which recorded six closed leases over the trailing 180 days. Windows on the Green at 3170 Erin Mills Pkwy, 1.38 kilometres out and built in 2015, logged eight closed leases in the same window. Granite Gates I at 1800 The Collegeway, 1.42 kilometres away and completed in 1991, closed two leases. The Palace at 1900 The Collegeway, 1.28 kilometres distant and built in 2002, recorded zero lease transactions over the past 180 days and therefore serves only as an architectural and amenity reference rather than an active pricing benchmark. Across the three active competitors, the overall comp benchmark averages $2,562 per month in realized rent at $3.42 per square foot across suites of roughly 761 square feet. Eagle Ridge's all-time leased average of $2,910 per month sits $348 above that composite, yet the building's $2.76 per square foot rate trades at a meaningful discount to the comp average of $3.42 per square foot. The gap is explained by footprint: Eagle Ridge's average leased suite spans 1,070 square feet, substantially larger than the 761-square-foot comp mean. For a building completed in 1990 with 224 suites, this large-format, lower-rate-per-square-foot positioning distinguishes it from both the compact 1991-era peers and the newer 2015 stock in the immediate pocket.
2520 Eglinton Ave W, Mississauga
Comparable Analysis & Questions
How do rental rates at Eagle Ridge compare to neighbouring buildings within Mississauga West?
Eagle Ridge's all-time average realized lease rent of $2,910 per month runs $348 above the overall comp benchmark of $2,562, exceeding every active peer including Nevada at Eagle Ridge ($2,742) and Windows on the Green ($2,444), with the premium driven entirely by suite size rather than rate per square foot. Nevada at Eagle Ridge (2177 Burnhamthorpe Rd W, 0.09 km, six closed leases) averaged $2,742 per month at $3.14 per square foot across 883-square-foot suites, meaning the subject commands $168 more per month. Windows on the Green (3170 Erin Mills Pkwy, 1.38 km, eight closed leases) averaged $2,444 per month at $3.28 per square foot over 750 square feet, placing the subject $466 higher in absolute rent. Granite Gates I (1800 The Collegeway, 1.42 km, two closed leases) averaged $2,500 per month at $3.85 per square foot in 650-square-foot units, with the subject trading $410 above. The Palace (1900 The Collegeway, 1.28 km) recorded zero closed leases over the trailing 180 days and therefore offers no realized rent benchmark for comparison.
Does Eagle Ridge offer a competitive price-per-square-foot ($/SF) against local comparables?
Eagle Ridge delivers 1,070 average square feet at $2.76 per square foot, a combination that undercuts every active competitor on rate per square foot while providing materially more interior space. Against Nevada at Eagle Ridge, the subject trades at a $0.38 per square foot (12.1%) discount and provides 187 more square feet, so the $168 monthly premium reflects a larger footprint rather than a higher asset valuation. Windows on the Green presents an even steeper contrast: the subject offers a $0.52 per square foot (15.9%) discount and 320 additional square feet, yet still charges $466 more per month because the suite is nearly 43% larger. Granite Gates I shows the widest spread, with the subject at a $1.09 per square foot (28.3%) discount and 420 more square feet, translating to a $410 higher absolute rent that is entirely a function of the 65% larger interior. In every case, a renter choosing Eagle Ridge over these alternatives gains significant living space at a lower cost per square foot.
How do building age, amenities, and developer reputation impact rent spreads?
Eagle Ridge carries a 13-feature amenity package that includes an indoor pool, hot tub and jacuzzi, squash and racquetball court, car wash bay, gym, sauna and steam room, and a children's playground—positioning it as a full-service lifestyle building within its peer set. Against Nevada at Eagle Ridge, the subject adds a hot tub and jacuzzi plus a car wash bay that the 1991 neighbour lacks, while both share the pool, squash court, and gym. Windows on the Green, the 2015 building, offers no aquatic facilities, no squash court, and no car wash bay; instead it differentiates with a rooftop terrace, media and theatre room, and a shared dining kitchen—amenities absent from Eagle Ridge. Granite Gates I matches the subject on pool, hot tub, squash, and car wash but adds a putting green that Eagle Ridge does not offer. The Palace, despite zero lease volume, mirrors much of the subject's aquatic and wellness suite but omits the squash and racquetball court. For families and active professionals who prioritize aquatic recreation, racquet sports, and on-site convenience features like a car wash bay over rooftop social spaces or media rooms, Eagle Ridge's 1990-era full-amenity package at a lower per-square-foot rate represents the strongest value proposition in this Mississauga West pocket.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Eagle Ridge.
Building Amenities
- Concierge & Security
- Car Wash Bay
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Squash & Racquetball Court
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Library & Reading Room
- BBQ Area
- Children's Playground - Outdoor
Residential Buildings in the Vicinity
- Nevada at Eagle Ridge95 m
- The Palace1.3 km
- Windows on the Green1.4 km
- Granite Gates I1.4 km
- Canyon Springs I1.6 km
- Erin Square - Tower B2.1 km
- Erin Mills2.1 km
- Arc Condominiums - Erin Mills 22.1 km
- Erin Square - Tower A2.2 km
- Mills Square East Tower - Downtown Erin Mills 42.2 km
- Mills Square - West Tower - Downtown Erin Mills 32.2 km
- Downtown Erin Mills - Tower 22.2 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Eagle Ridge.
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.