Skip to Content

Market Data as of August 31, 2026

U.C. Tower 2 — Rental Market Data

2545 Simcoe St N, Oshawa, Ontario L1L0W3
Quick Rent Estimate
Active Suites18 Available
Type
Units
Avg Rent
1-Bedroom + Den
7
$2,050
2-Bedroom
4
$2,375
1-Bedroom
3
$1,877
Studio
3
$1,653
3-Bedroom+
1
$2,810

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites606
DeveloperRioCan Living & Tribute Communities

U.C. Tower 2 is an established residential development located at 2545 Simcoe St N in the Oshawa submarket, developed by RioCan Living & Tribute Communities. Completed in 2025, the 606-suite high-rise currently shows 18 active listings representing an availability rate of 3.0 percent. Over the past 90 days, the property recorded 55 closed transactions averaging 21 days on market, alongside a 30-day closed count of 12 leases averaging 15 days on market.

Current active listings ask an average of $2,069 per month across an average of 617 square feet, translating to an asking rate of $3.43 per square foot, which compares to realized 90-day leases averaging $2,027 per month at $3.40 per square foot. Active inventory maintains a comparable footprint to historical leases without major size variations, while the building asking rate of $3.43 per square foot sits above the submarket asking benchmark of $3.29 per square foot.

Marketing friction remains low, evidenced by closed listings spending an average of 17 days on the market compared to unrented delisted units sitting for 44 days, while tenants successfully negotiated an average discount of $15 per month, or 0.72 percent below asking, across 30.7 percent of leases. Prospective renters will find deep selection within the 1-Bedroom plus den layout tier accounting for 38.9 percent of active inventory, whereas 3-bedroom plus configurations offer scarce availability with only a single unit on the market.

Get Monthly Rental Market Updates for U.C. Tower 2

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at U.C. Tower 2 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units18
+5 (38.5%)
Avg Asking Rent$2,069
+$161 (8.4%)
Avg Suite Size617 sf
+41 sf (7.2%)
Avg Days on Market17d
-3d (17.3%)
Avg Asking $/SF$3.43
-$0.08 (2.2%)

Active Market Insights & Questions

How has rental availability changed at U.C. Tower 2 recently?

U.C. Tower 2 features 18 active listings as of August 31, 2026, with asking rents ranging from $1,549 to $2,810 per month, an average asking rent of $2,069 per month, and a median asking rent of $2,100 per month. Active suites average 617 square feet with an average asking rate of $3.43 per square foot. Inventory is led heavily by 1-bedroom plus den configurations, showing that current available stock skews toward multi-functional spaces rather than bare-minimum entry-level units.

What floor plans and unit layouts are currently available at U.C. Tower 2?

The dominant active layout at U.C. Tower 2 is the 1-Bedroom plus den, representing 7 listings or a 38.9 percent inventory share. The 1-Bedroom plus den tier averages $2,050 per month across an average of 626 square feet at $3.30 per square foot, while 2-bedroom suites account for 4 listings or 22.2 percent of inventory asking an average of $2,375 per month across 733 square feet at $3.25 per square foot. Meanwhile, 1-bedroom and studio layouts each hold 3 listings or a 16.7 percent share, averaging $1,877 per month at $3.41 per square foot for 1-bedroom units and $1,653 per month at $4.13 per square foot for compact 400-square-foot studios, leaving the single available 3-bedroom plus layout at $2,810 per month across 950 square feet.

What is the average asking rent and $/SF by suite size at U.C. Tower 2?

U.C. Tower 2 exhibits a minimum entry rent of $1,549 per month and a peak asking rent of $2,810 per month, creating a dollar spread of $1,261 per month or an 81.4 percent spread. The median asking rent sits at $2,100 per month. The entry-level tier consists of a 400-square-foot studio asking $3.87 per square foot, contrasted against the peak tier represented by a 950-square-foot 3-bedroom plus suite commanding $2.96 per square foot.

How much extra do parking spaces and dens cost at U.C. Tower 2?

U.C. Tower 2 commands an active den premium of $173 per month for an extra 76 square feet of interior space, reflecting a marginal cost of $2.28 per square foot for the additional den area. Active parking stalls carry a verified add-on cost of $168 per month.

How do asking rents at U.C. Tower 2 compare to local and municipal benchmarks?

U.C. Tower 2 asks an average rent of $2,069 per month at $3.43 per square foot, compared to the broader Oshawa submarket asking benchmark of $2,004 per month at $3.29 per square foot. The slightly higher nominal monthly outlay reflects larger average suite footprints in the building, with the building asking rate sitting 4.3 percent above the submarket asking rate per square foot while capturing 36.0 percent of total submarket active 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 U.C. Tower 2 (Data period: For the month of August 2026).

Units Leased12
Avg Leased Price$2,040
Avg Leased Size633 sf
Avg Days to Lease15d
Leased $/SF$3.36

Leased Transaction Insights & Questions

How many suites were leased at U.C. Tower 2 last month, and how fast did they rent?

U.C. Tower 2 recorded 12 closed leases over the 30-day window with an average of 15 days on market, compared to 55 closed leases over 90 days averaging 21 days on market, tracking favorably against the broader Oshawa submarket benchmark of 25 days on market. Leasing turnover accelerated significantly through the summer months as move-in volume expanded relative to early spring.

What is the negotiation spread between asking rents and closed lease prices at U.C. Tower 2?

U.C. Tower 2 saw leases close at an average tenant discount of $15 per month, representing a 0.72% concession below asking price and delivering $180 per year in tenant savings. Exactly 30.7% of closed transactions successfully negotiated below asking price, reflecting mild tenant leverage during initial occupancy.

What are typical executed lease prices across different layouts at U.C. Tower 2?

U.C. Tower 2 leasing was anchored by 1-Bedroom + Den and 1-Bedroom floor plans, which averaged $2,091 per month across 19 days on market and $1,860 per month across 24 days on market respectively. Studio suites recorded a robust sample of 10 closed leases averaging $1,532 per month, a median of $1,480 per month, a P25-P75 range of $1,471 to $1,585 per month, an average size of 400 square feet at $3.83 per square foot, and 28 days on market. Two-Bedroom suites recorded a robust sample of 15 closed leases averaging $2,380 per month, a median of $2,400 per month, a P25-P75 range of $2,350 to $2,475 per month, an average size of 767 square feet at $3.13 per square foot, and 25 days on market. Three-Bedroom+ suites recorded a moderate sample of 6 closed leases averaging $2,664 per month, a median of $2,655 per month, a P25-P75 range of $2,612 to $2,690 per month, an average size of 1,000 square feet at $2.69 per square foot, and 16 days on market.

What measurable rent premium did suites with parking achieve in closed leases at U.C. Tower 2?

U.C. Tower 2 achieved a verified realized leased parking premium of $107 per month for stalls attached to tenancy agreements. Parking was commonly bundled into larger multi-bedroom floor plans while active asking rates for unrented stalls stood at $168 per month.

How does the lease-to-listing ratio at U.C. Tower 2 reflect current tenant demand?

U.C. Tower 2 experienced a steady rent trajectory across its initial leasing history, starting in April 2026 at an average of $2,075 per month across 4 closed deals at $3.33 per square foot and 12 days on market. May 2026 recorded 15 closed deals averaging $2,178 per month at $3.12 per square foot and 26 days on market. June 2026 saw 15 closed deals average $2,020 per month at $3.35 per square foot and 22 days on market. July 2026 peaked in transaction volume with 29 closed deals averaging $2,014 per month at $3.43 per square foot and 26 days on market. August 2026 closed out the tracked window with 12 deals averaging $2,040 per month at $3.36 per square foot and 15 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at U.C. Tower 2 (Data period: For the month of August 2026).

Delisted Units5
Avg Asking Price$1,908
Avg Suite Size570 sf
Avg Days on Market44d
Delisted $/SF$3.56

De-Listed Market Analysis & Questions

How many listings de-listed at U.C. Tower 2, and what was their re-listing price compared to previous asking?

U.C. Tower 2 recorded 5 delisted units resulting in a delisted-to-leased ratio of 41.7%, comprising 3 terminated listings, 1 expired listing, and 1 suspended listing. This represents roughly 1 unrented listing pulled for every 2.4 successful leases executed in the building.

How do asking prices on de-listed suites compare to executed leases and active listings at U.C. Tower 2?

U.C. Tower 2 unrented units asked an average of $1,908 per month, which is $132 per month below realized lease averages nominally, typically driven by smaller unit sizes, while recording an average delisted rate of $3.56 per square foot. Unrented units had a lower nominal asking price because they were concentrated in smaller floor plans, demonstrating that prospective tenants evaluated square footage efficiency closely.

What market friction causes rental listings to stall or de-list at U.C. Tower 2?

U.C. Tower 2 unrented listings spent an average of 44 days on market compared to 23 days for successfully leased units, generating 29 excess marketing days of vacancy carry. Translating these 29 excess days into economic carrying costs represents approximately one month of lost rental income plus ongoing monthly condo maintenance fees absorbed by landlords facing pushback on price.

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
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-04-271920136353.2229
2026-04-281920136353.2230
2026-04-292120286313.2627
2026-04-301920426353.2726
2026-05-012020936583.2423
2026-05-022020936583.2424
2026-05-032020936583.2425
2026-05-041920786503.2523
2026-05-051820486393.2624
2026-05-062120276293.2921
2026-05-071920116163.3221
2026-05-082020436233.3321
2026-05-091920406223.3422
2026-05-102020786523.2922
2026-05-112120536403.3122
2026-05-122120536403.3123
2026-05-132020586453.3024
2026-05-142120586543.2623
2026-05-152120646543.2724
2026-05-162020476443.2924
2026-05-172020476443.2925
2026-05-182120526403.3225
2026-05-192220276223.3624
2026-05-202220276223.3625
2026-05-212320266193.3725
2026-05-222420216163.3825
2026-05-232420216163.3826
2026-05-242520246173.3726
2026-05-252620056143.3625
2026-05-262720216193.3525
2026-05-272620226223.3426
2026-05-282520236203.3527
2026-05-292419975993.3827
2026-05-302419975993.3828
2026-05-312419975993.3829
2026-06-012219975993.3924
2026-06-022520056113.3622
2026-06-032619936033.3922
2026-06-042620036073.3823
2026-06-052720066093.3822
2026-06-062720066093.3823
2026-06-072820196103.3924
2026-06-082920466203.3723
2026-06-092720456223.3622
2026-06-102320256143.3621
2026-06-112520356153.3920
2026-06-122420226143.3820
2026-06-132420226143.3821
2026-06-142420226143.3822
2026-06-152420226143.3823
2026-06-162720266163.3722
2026-06-172820366193.3722
2026-06-182920356163.3722
2026-06-192820336153.3823
2026-06-202820336153.3824
2026-06-212820336153.3825
2026-06-222820366193.3725
2026-06-232920266113.4025
2026-06-243120296103.4024
2026-06-253120456163.4025
2026-06-263020486183.3925
2026-06-273020486183.3926
2026-06-283020486183.3927
2026-06-292920236053.4228
2026-06-302720546123.4525
2026-07-012620686143.4626
2026-07-022420556033.5026
2026-07-032420385923.5426
2026-07-042420385923.5427
2026-07-052420385923.5428
2026-07-062420265883.5527
2026-07-072320055813.5628
2026-07-082320275983.5127
2026-07-092520135983.4726
2026-07-102519985893.5125
2026-07-112419985913.5126
2026-07-122420196013.4825
2026-07-132520386063.4824
2026-07-142320666173.4727
2026-07-152020566103.4831
2026-07-161920706213.4232
2026-07-171820716253.4132
2026-07-181820716253.4133
2026-07-191820726253.4232
2026-07-201520436133.4537
2026-07-212120416213.4225
2026-07-222320236083.4723
2026-07-231920136123.4325
2026-07-241920136123.4326
2026-07-252020076093.4325
2026-07-262020076093.4326
2026-07-271719886083.4317
2026-07-281419365853.4919
2026-07-291319085763.5018
2026-07-301319085763.5019
2026-07-311319085763.5020
2026-08-011218465443.5622
2026-08-021418755523.5420
2026-08-031418755523.5421
2026-08-041518905583.5220
2026-08-051318615403.5622
2026-08-061319225593.5722
2026-08-071219515783.5223
2026-08-081219515783.5224
2026-08-091219515783.5225
2026-08-101119735943.4625
2026-08-111119735943.4626
2026-08-121119055713.4626
2026-08-131119055713.4627
2026-08-141318895453.6123
2026-08-151318895453.6124
2026-08-161318895453.6125
2026-08-171519045593.5423
2026-08-181419125703.4824
2026-08-191319135723.4825
2026-08-201319135723.4826
2026-08-211719505903.4120
2026-08-221719505903.4121
2026-08-231719505903.4122
2026-08-241719505903.4123
2026-08-251719505893.4222
2026-08-261719505893.4223
2026-08-271719505893.4224
2026-08-281719635933.4224
2026-08-291719635933.4225
2026-08-301819705903.4525
2026-08-311820696173.4317

12-Month Market Dynamics & Trend Trajectory

U.C. Tower 2 established a lifetime leasing volume of 75 transactions averaging $2,055 per month at $3.34 per square foot across an average suite size of 633 square feet. Average days on market stood at 23 days, indicating steady tenant turnover and absorption across initial occupancy in the building. Transactions leaned toward tenant-favorable conditions, with 30.7% of leases closing below asking price. Landlords conceded an average discount of $15 per month or 0.72% off initial asking rents, providing minor annual savings for incoming occupants.

Loading inventory data…

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.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

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)
2026-04-26114254003.5642
2026-05-03622677423.0925
2026-05-10321336873.1628
2026-05-17126009502.7418
2026-05-24421637453.1124
2026-05-31318835833.2332
2026-06-07420386133.3619
2026-06-14121006503.2314
2026-06-21520305903.5523
2026-06-28520706903.0618
2026-07-05521306303.4030
2026-07-121019135603.5319
2026-07-19820546023.4926
2026-07-26421906883.2537
2026-08-02519665993.3614
2026-08-09224507753.167
2026-08-160N/AN/AN/AN/A
2026-08-23219756003.3014
2026-08-30215704003.9229

Nearby Building Rental Comparables & Price Spreads

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

U.C. Tower 2 at 2545 Simcoe St N is part of an active competitive micro-market in Oshawa featuring nearby projects such as U.C. Tower (2550 Simcoe St N, located 0.1 km away, completed in 2022 with 40 active leases), Charing Cross (385 Arctic Red Dr, located 1.14 km away, completed in 2024 with 14 active leases), U.C. Tower Condominiums (2250 Simcoe Street, located 1.28 km away, completed in 2022 with 0 active listings), and University Studios (1900 Simcoe St N, located 2.34 km away, completed in 2019 with 28 active leases). This cluster contrasts newer 2025 construction at the subject building against older generational inventory built between 2019 and 2024. Across the micro-market, overall comparable benchmarks sit at an average lease rent of $1,911 per month, an average rate of $3.20 per square foot, and an average suite size of 622 square feet. The subject building delivers competitive value through a modern 2025 completion date, outperforming older compact footprints in layout efficiency while maintaining pricing alignment with its immediate neighborhood peers.

2550 Simcoe St N, Oshawa

Avg Asking$2,101/mo
Avg $/SF$3.40
Rent Spread:
+$31/mo (+1.5%) Higher

385 Arctic Red Dr, Oshawa

Avg Asking$2,364/mo
Avg $/SF$2.82
Rent Spread:
+$295/mo (+14.2%) Higher

2250 Simcoe Street, Oshawa

Avg Asking$1,700/mo
Avg $/SF$4.25
Rent Spread:
-$369/mo (-17.9%) Lower

1900 Simcoe St N, Oshawa

Avg Asking$1,371/mo
Avg $/SF$3.43
Rent Spread:
-$699/mo (-33.8%) Lower

1800 Simcoe Street, Oshawa

Avg Asking$1,461/mo
Avg $/SF$2.95
Rent Spread:
-$609/mo (-29.4%) Lower

131 Taunton Rd E, Oshawa

Avg Asking$2,250/mo
Avg $/SF$2.25
Rent Spread:
+$181/mo (+8.7%) Higher

Comparable Analysis & Questions

How do rental rates at U.C. Tower 2 compare to neighbouring buildings within Oshawa?

U.C. Tower 2 commands an average lease rent of $2,055 per month, aligning closely with the overall competitive benchmark average of $1,911 per month alongside primary benchmarks like U.C. Tower and Charing Cross. U.C. Tower (2550 Simcoe St N) reports an average lease rent of $2,025 per month at $3.40 per square foot across an average of 607 square feet. Charing Cross (385 Arctic Red Dr) registers an average lease rent of $2,352 per month at $2.80 per square foot across a larger average footprint of 858 square feet. University Studios (1900 Simcoe St N) reports an average lease rent of $1,357 per month at $3.39 per square foot across compact 400-square-foot units. U.C. Tower Condominiums (2250 Simcoe Street) currently reports no active lease transactions in the trailing period.

Does U.C. Tower 2 offer a competitive price-per-square-foot ($/SF) against local comparables?

U.C. Tower 2 establishes its value proposition by offering an average lease rate of $3.34 per square foot across an average suite size of 633 square feet, presenting a competitive rate per square foot relative to University Studios at $3.39 per square foot and U.C. Tower at $3.40 per square foot. Renters evaluating these options trade off modern 2025 building efficiencies and contemporary finishes against older micro-units like University Studios' 400-square-foot floor plans or larger legacy layouts such as Charing Cross's 858-square-foot footprints which lease at $2.80 per square foot. By delivering larger interior square footage than 2022 peers like U.C. Tower (which averages 607 square feet), the subject building provides more functional layouts without imposing a rental penalty.

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

U.C. Tower 2 delivers an extensive lifestyle and amenity package that elevates standard neighborhood offerings through dedicated wellness, social, and pet-friendly spaces. The building features signature amenities including a Yoga Studio, Spin Studio, Business Centre, Sound Studio, and Meditation Space, contrasting with competitor properties such as U.C. Tower (2550 Simcoe St N) and U.C. Tower Condominiums (2250 Simcoe Street) which share core elements like a Concierge, Gym, and Party Room but lack specialized fitness studios and sound spaces. Older benchmarks like University Studios (1900 Simcoe St N) offer more basic shared facilities restricted to a Gym, Meeting Room, and Parcel Lockers. This comprehensive amenity ecosystem directly serves professionals, students, and pet owners seeking contemporary urban conveniences within the Oshawa submarket.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around U.C. Tower 2.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Spin Studio
  • Party & Lounge Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Kids' Play Room - Indoor
  • Dog Run
  • Pet Wash Station
  • Sound Studio
  • Bar
  • Meditation Space

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for U.C. Tower 2.

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.