Market Data as of August 31, 2026
Riverside — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Riverside at 2426–2464 Weston Road in the Weston neighbourhood of York is a 163-suite residential building completed in 2007 by Arten Dev., Merita Corp., and Maren Group. As of August 31, 2026, one unit is actively listed for rent, placing availability at 0.6 percent. The building recorded two closed leases over the trailing 90 days at an average of $2,075 per month with a 15-day average time on market, while no leases closed in the most recent 30-day window.
The single active listing asks $1,950 per month for a 400-square-foot studio, translating to $4.88 per square foot. That asking rate sits 42.7 percent above the Weston submarket asking benchmark of $3.42 per square foot, yet the nominal monthly rent is lower than the submarket average of $2,463 because the suite footprint is 320 square feet smaller than the submarket implied average of 720 square feet. Compared to the building's own realized 90-day leases averaging $3.69 per square foot across 585-square-foot units, the active studio commands a higher per-square-foot rate despite a more compact layout.
Marketing friction appears contained: the active listing's 20 days on market trails the Weston submarket average of 30 days, and the zero-delisting record confirms no units have cycled out of the market. Across tracked closed transactions, tenants negotiated an average concession of $25 per month, or 1.47 percent below asking, with 50 percent of leases closing under the initial ask. Inventory depth is extremely thin at one studio unit, offering no multi-bedroom alternatives for renters seeking larger footprints in this building.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Riverside as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Riverside recently?
Riverside has one active listing as of August 31, 2026, asking $1,950 per month with both the average and median rent at $1,950. The available studio spans 400 square feet at an asking rate of $4.88 per square foot, representing 100 percent of current inventory. With only a single unit on the market, the listing skews toward a compact entry-level studio rather than multi-bedroom executive layouts, and no larger bedroom tiers are currently available.
What floor plans and unit layouts are currently available at Riverside?
The sole active layout at Riverside is a studio, accounting for 100 percent of available inventory with one listing at $1,950 per month. That single studio offers 400 square feet at $4.88 per square foot, and no one-bedroom, two-bedroom, or larger units are currently listed. Renter options in this building are limited to this one compact studio until additional suites enter the market.
What is the average asking rent and $/SF by suite size at Riverside?
Riverside's active pricing spread is zero dollars and zero percent, as the single listed unit sets both the minimum and maximum asking rent at $1,950 per month. The median asking rent is likewise $1,950, and the entry-level suite is a 400-square-foot studio priced at $4.88 per square foot. Because only one unit is on the market, there is no peak suite to contrast against, and the pricing range collapses to a single data point.
How much extra do parking spaces and dens cost at Riverside?
Riverside's active den premium and associated square-footage delta cannot be quantified from the current listing data, as the sole available unit is a studio without a den component. Parking stall costs also cannot be reliably isolated; the paired sample is insufficient to produce a defensible monthly premium figure, and no verified parking add-on should be assumed for this building at this time.
How do asking rents at Riverside compare to local and municipal benchmarks?
Riverside's active asking rent of $1,950 per month sits below the Weston submarket average of $2,463, while its $4.88-per-square-foot rate exceeds the submarket asking benchmark of $3.42 per square foot by 42.7 percent. The lower nominal rent reflects the studio's 400-square-foot footprint, which is 320 square feet smaller than the submarket implied average of 720 square feet, meaning renters pay a higher per-square-foot price for a more compact space. Riverside's one active listing represents 1 out of 12 available units across the broader Weston submarket.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-06-01 | 1 | 1700 | 400 | 4.25 | N/A |
| 2026-06-02 | 1 | 1700 | 400 | 4.25 | 1 |
| 2026-06-03 | 1 | 1700 | 400 | 4.25 | 2 |
| 2026-06-04 | 1 | 1700 | 400 | 4.25 | 3 |
| 2026-06-05 | 1 | 1700 | 400 | 4.25 | 4 |
| 2026-06-06 | 1 | 1700 | 400 | 4.25 | 5 |
| 2026-06-07 | 1 | 1700 | 400 | 4.25 | 6 |
| 2026-06-08 | 1 | 1700 | 400 | 4.25 | 7 |
| 2026-06-09 | 1 | 1700 | 400 | 4.25 | 8 |
| 2026-06-10 | 1 | 1700 | 400 | 4.25 | 9 |
| 2026-06-11 | 1 | 1700 | 400 | 4.25 | 10 |
| 2026-06-12 | 1 | 1700 | 400 | 4.25 | 11 |
| 2026-06-13 | 1 | 1700 | 400 | 4.25 | 12 |
| 2026-06-14 | 1 | 1700 | 400 | 4.25 | 13 |
| 2026-06-15 | 1 | 1700 | 400 | 4.25 | 14 |
| 2026-06-16 | 1 | 1700 | 400 | 4.25 | 15 |
| 2026-06-17 | 1 | 1700 | 400 | 4.25 | 16 |
| 2026-06-18 | 1 | 1700 | 400 | 4.25 | 17 |
| 2026-06-19 | 1 | 2500 | 770 | 3.25 | N/A |
| 2026-06-20 | 1 | 2500 | 770 | 3.25 | 1 |
| 2026-06-21 | 1 | 2500 | 770 | 3.25 | 2 |
| 2026-06-22 | 1 | 2500 | 770 | 3.25 | 3 |
| 2026-06-23 | 1 | 2500 | 770 | 3.25 | 4 |
| 2026-06-24 | 1 | 2500 | 770 | 3.25 | 5 |
| 2026-06-25 | 1 | 2500 | 770 | 3.25 | 6 |
| 2026-06-26 | 1 | 2500 | 770 | 3.25 | 7 |
| 2026-06-27 | 1 | 2500 | 770 | 3.25 | 8 |
| 2026-06-28 | 1 | 2500 | 770 | 3.25 | 9 |
| 2026-06-29 | 1 | 2500 | 770 | 3.25 | 10 |
| 2026-06-30 | 1 | 2500 | 770 | 3.25 | 11 |
| 2026-08-11 | 1 | 1950 | 400 | 4.88 | N/A |
| 2026-08-12 | 1 | 1950 | 400 | 4.88 | 1 |
| 2026-08-13 | 1 | 1950 | 400 | 4.88 | 2 |
| 2026-08-14 | 1 | 1950 | 400 | 4.88 | 3 |
| 2026-08-15 | 1 | 1950 | 400 | 4.88 | 4 |
| 2026-08-16 | 1 | 1950 | 400 | 4.88 | 5 |
| 2026-08-17 | 1 | 1950 | 400 | 4.88 | 6 |
| 2026-08-18 | 1 | 1950 | 400 | 4.88 | 7 |
| 2026-08-19 | 1 | 1950 | 400 | 4.88 | 8 |
| 2026-08-20 | 1 | 1950 | 400 | 4.88 | 9 |
| 2026-08-21 | 1 | 1950 | 400 | 4.88 | 10 |
| 2026-08-22 | 1 | 1950 | 400 | 4.88 | 11 |
| 2026-08-23 | 1 | 1950 | 400 | 4.88 | 12 |
| 2026-08-24 | 1 | 1950 | 400 | 4.88 | 13 |
| 2026-08-25 | 1 | 1950 | 400 | 4.88 | 14 |
| 2026-08-26 | 1 | 1950 | 400 | 4.88 | 15 |
| 2026-08-27 | 1 | 1950 | 400 | 4.88 | 16 |
| 2026-08-28 | 1 | 1950 | 400 | 4.88 | 17 |
| 2026-08-29 | 1 | 1950 | 400 | 4.88 | 18 |
| 2026-08-30 | 1 | 1950 | 400 | 4.88 | 19 |
| 2026-08-31 | 1 | 1950 | 400 | 4.88 | 20 |
12-Month Market Dynamics & Trend Trajectory
Riverside's realized average rent of $2,075 per month sits $211 below the Weston submarket average of $2,286, while its rate of $3.69 per square foot runs 14.6% above the submarket leased benchmark of $3.22 per square foot. The active studio listing at $1,950 per month and $4.88 per square foot is 42.7% above the submarket asking rate, a gap driven by the 400-square-foot footprint being 320 square feet smaller than the submarket implied average of 720 square feet. Lower nominal rents at Riverside reflect compact suite sizes rather than a pricing discount relative to local benchmarks. Pricing discipline at Riverside skews tenant-favorable, with 50% of tracked leases closing below asking and an average concession of $25 per month (1.47%). The annualized tenant savings of $300 per unit confirm that landlords are absorbing modest price pressure rather than holding firm at list. With only two lifetime leases, this negotiation pattern is a directional indicator, not an established statistical benchmark, but it does signal that asking prices at Riverside carry some room for tenant pushback on price.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-14 | 1 | 1650 | 400 | 4.13 | 18 |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 2500 | 770 | 3.25 | 12 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Comparing rental asking rates and price-per-square-foot ($/SF) at Riverside with 6 tracked residential buildings in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at Riverside compare to neighbouring buildings within Weston?
At $1,950/month ($4.88/SF), Riverside maintains a competitive market position compared to surrounding properties.
Does Riverside offer a competitive price-per-square-foot ($/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 Riverside and neighbouring options.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Riverside.
Building Amenities
- Gym & Fitness Centre
- Outdoor Pool
- BBQ Area
- Party & Lounge Room
- Children's Playground - Outdoor
Residential Buildings in the Vicinity
- 2275 Weston Road615 m
- 2255 Weston708 m
- W Towns1.2 km
- River Hill1.6 km
- 2000 Islington I1.6 km
- 2000 Islington II1.6 km
- Twin Towers1.7 km
- Rio Plaza1.7 km
- Galaxy Towers1.8 km
- River Ridge North2.0 km
- River Ridge South2.0 km
- 320 Dixon Condos2.0 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Riverside.
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.