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Market Data as of August 31, 2026

U.C. Tower — Rental Market Data

2550 Simcoe St N, Oshawa, Ontario L1L 0R5
Quick Rent Estimate
Active Suites13 Available
Type
Units
Avg Rent
2-Bedroom
5
$2,238
1-Bedroom
3
$1,917
1-Bedroom + Den
2
$2,100
3-Bedroom+
2
$2,650
Studio
1
$1,550

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2022
Total Suites503
DeveloperRioCan Living & Tribute Communities

U.C. Tower at 2550 Simcoe St N in Oshawa is an established 503-suite development completed in 2022 by developer RioCan Living & Tribute Communities. Active inventory stands at 13 listings, representing a 2.6% availability rate with an average of 17 days on market. Recent leasing volume registered 23 closed deals over the past 90 days at an average of 25 days on market, alongside 5 closed deals over the past 30 days at an average of 30 days on market.

Current active asking rents average $2,153 per month at $3.45 per square foot, tracking above the realized 90-day lease average of $2,052 per month at $3.41 per square foot due to active inventory featuring slightly larger layouts averaging 633 square feet compared to historical figures. The building's asking rate per square foot exceeds the Oshawa submarket asking benchmark of $3.29 per square foot by 4.9%.

Marketing friction remains low, evidenced by a closed 90-day days on market average of 25 days compared to an average of 49 days for unrented units that were overpriced relative to realized leases, with tenants securing an average discount of $21 per month (1.18%) below asking. Prospective tenants looking for inventory will find deep selection in 2-bedroom layouts representing 38.5% of active supply, alongside a single studio listing and limited options for 1-bedroom, 1-bedroom plus den, and 3-bedroom plus configurations.

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Active Rental Inventory & Asking Rates

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

Active Units13
+2 (18.2%)
Avg Asking Rent$2,153
-$122 (5.3%)
Avg Suite Size633 sf
-52 sf (7.6%)
Avg Days on Market17d
-5d (22.9%)
Avg Asking $/SF$3.45
+$0.08 (2.4%)

Active Market Insights & Questions

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

U.C. Tower features 13 active listings as of August 31, 2026, spanning an asking price range of $1,550 to $2,699 per month with an average asking rent of $2,153 per month and a median asking rent of $2,200 per month. Active suites average 633 square feet at an asking rate of $3.45 per square foot, anchored by 2-bedroom configurations that hold a dominant 38.5% share of total active inventory. The current active lineup leans toward multi-bedroom formats over compact entry-level footprints.

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

The dominant active layout at U.C. Tower is the 2-bedroom tier, accounting for 5 listings and a 38.5% inventory share. Available options span 3 active 1-bedroom suites averaging $1,917 per month across 550 square feet at $3.48 per square foot, alongside 2 units of 1-bedroom plus den formats averaging $2,100 per month across 550 square feet at $3.82 per square foot. The inventory also includes 5 units of 2-bedroom layouts averaging $2,238 per month across 670 square feet at $3.34 per square foot, 2 units of 3-bedroom plus suites averaging $2,650 per month across 864 square feet at $3.07 per square foot, and 1 single studio listing priced at $1,550 per month across 400 square feet at $3.88 per square foot.

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

U.C. Tower exhibits a minimum entry rent of $1,550 per month and a peak asking rent of $2,699 per month, generating a dollar spread of $1,149 per month or a 74.1% pricing spread. The median asking rent sits at $2,200 per month, reflecting the mid-market positioning of the tower. The entry-level suite consists of a 400-square-foot studio priced at $3.88 per square foot, while the peak tier comprises a 3-bedroom plus layout spanning up to 850 square feet at an asking rate of $3.18 per square foot.

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

U.C. Tower carries an active den premium of $183 per month with zero square footage delta, resulting in unquantified marginal space pricing. Active parking stalls are available at a verified rate of $249 per month.

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

U.C. Tower asks an average rent of $2,153 per month at $3.45 per square foot, positioning its asking rate 4.9% above the Oshawa submarket asking benchmark of $3.29 per square foot while capturing a 26.0% share of total submarket active inventory. The higher nominal monthly outlay compared to submarket averages is driven by suite sizing rather than inflated unit pricing. The building's rate per square foot tracks closely with the broader municipal context while offering larger average footprints.

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 (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,127
Avg Leased Size609 sf
Avg Days to Lease30d
Leased $/SF$3.29

Leased Transaction Insights & Questions

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

U.C. Tower at 2550 Simcoe St N recorded a 30-day days-on-market average of 30 days and a 90-day average of 25 days, tracking closely with the broader Oshawa submarket benchmark of 25 days. Leasing velocity shifted across the tracking periods, moving from 5 closed deals over the past 30 days to 23 closed deals over the past 90 days and 35 total lifetime recorded leases. Transaction volume peaked during the late spring and mid-summer months before moderating toward the end of the summer season.

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

U.C. Tower transactions settled on average below asking price, with tenants securing an average discount of $21 per month (1.18% below asking), generating annual tenant savings of $252 per year. Approximately 34.3% of leases closed under asking, reflecting tenant-favorable negotiation leverage where landlords offered modest concessions to secure occupancy.

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

U.C. Tower's two highest-volume anchor layouts are the 2-Bedroom tier, which averaged $2,280 per month across 27 days on market, and the 1-Bedroom tier, which averaged $1,775 per month across 23 days on market. The itemized bedroom breakdown includes: 2-Bedroom tier with 16 closed leases, average rent of $2,280 per month, median rent of $2,292 per month, P25-P75 range of $2,200 to $2,350 per month, average size of 719 square feet, rate of $3.20 per square foot, and 27 days on market; 1-Bedroom tier with 10 closed leases, average rent of $1,775 per month, median rent of $1,850 per month, P25-P75 range of $1,575 to $1,950 per month, average size of 502 square feet, rate of $3.58 per square foot, and 23 days on market; 1-Bedroom + Den tier with 5 closed leases, average rent of $1,950 per month, median rent of $1,850 per month, P25-P75 range of $1,800 to $1,899 per month, average size of 550 square feet, rate of $3.55 per square foot, and 11 days on market; Studio tier with 3 closed leases, average rent of $1,483 per month, median rent of $1,500 per month, P25-P75 range of $1,425 to $1,550 per month, average size of 400 square feet, rate of $3.71 per square foot, and 37 days on market; and the 3-Bedroom+ tier with 1 closed lease, average rent of $2,600 per month, median rent of $2,600 per month, P25-P75 range of $2,600 to $2,600 per month, average size of 850 square feet, rate of $3.06 per square foot, and 24 days on market (note that this represents an individual deal rather than a broad statistical benchmark).

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

U.C. Tower achieved a verified realized leased parking premium of $297 per month for suites that included vehicle accommodation as a separate line item. Parking stalls were frequently bundled into standard monthly rents for larger multi-bedroom suites, while standalone stall agreements tracked closely against active asking parking rates of $249 per month.

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

U.C. Tower experienced fluctuating rent trajectories across the tracked monthly timeline from spring through late summer. In April 2026, 1 unit leased at an average rent of $1,899 per month ($3.45 per square foot) with 6 days on market. In May 2026, 11 units leased at an average rent of $1,995 per month ($3.37 per square foot) with 24 days on market. In June 2026, 7 units leased at an average rent of $2,114 per month ($3.41 per square foot) with 25 days on market. In July 2026, 11 units leased at an average rent of $1,977 per month ($3.47 per square foot) with 23 days on market. In August 2026, 5 units leased at an average rent of $2,127 per month ($3.29 per square foot) with 30 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 (Data period: For the month of August 2026).

Delisted Units5
Avg Asking Price$2,215
Avg Suite Size665 sf
Avg Days on Market49d
Delisted $/SF$3.36

De-Listed Market Analysis & Questions

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

U.C. Tower recorded 5 total delisted units, representing a 100% delisted-to-leased ratio, with a breakdown of 2 terminated listings, 2 expired listings, and 1 suspended listing. This constitutes a relisting health ratio where 1 listing was pulled for every 7 successful leases.

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

U.C. Tower unrented units asked an average of $2,215 per month, which is $88 per month above realized lease averages of $2,127 per month, demonstrating that unrented units were overpriced relative to realized leases. The unrented units commanded an average rate of $3.36 per square foot compared to realized lease averages of $3.40 per square foot.

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

U.C. Tower unrented units sat on the market for an average of 49 days, compared to a realized lease average of 24 days on market. This excess marketing duration of 19 days translates to roughly half a month of lost rental income plus ongoing monthly condo maintenance fees, highlighting the direct carrying cost penalty borne by landlords who pushed asking prices above market tolerance.

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)
2026-04-271321116233.4323
2026-04-281321116233.4324
2026-04-291321116233.4325
2026-04-301320966233.4126
2026-05-011421256183.4822
2026-05-021421256183.4823
2026-05-031421256183.4824
2026-05-041521206273.4324
2026-05-051521136343.3822
2026-05-061721416413.3920
2026-05-071821316363.4020
2026-05-081721546413.4220
2026-05-091721546413.4221
2026-05-101721546413.4222
2026-05-111621526413.4223
2026-05-121621526413.4224
2026-05-131522036573.4221
2026-05-141521936553.4121
2026-05-151321726633.3424
2026-05-161321726633.3425
2026-05-171321726633.3426
2026-05-181321726633.3427
2026-05-191422246773.3426
2026-05-201422286663.4325
2026-05-211422036583.4426
2026-05-221422036583.4427
2026-05-231422036583.4428
2026-05-241422036583.4429
2026-05-251522266703.4126
2026-05-261422066583.4427
2026-05-271522166703.4026
2026-05-281522166703.4027
2026-05-291522166703.4028
2026-05-301522166703.4029
2026-05-311522166703.4030
2026-06-011422286653.4431
2026-06-021522366773.4030
2026-06-031522366773.4031
2026-06-041522366773.4032
2026-06-051422606863.3933
2026-06-061422606863.3934
2026-06-071422606863.3935
2026-06-081422606863.3936
2026-06-091422606863.3937
2026-06-101422606863.3938
2026-06-111422606863.3939
2026-06-121522436773.4137
2026-06-131422826973.3535
2026-06-141422826973.3536
2026-06-151322776853.4039
2026-06-161422556753.4137
2026-06-171422556753.4138
2026-06-181322256473.5039
2026-06-191222196463.4940
2026-06-201222196463.4941
2026-06-211222196463.4942
2026-06-221321796153.6334
2026-06-231221776133.6534
2026-06-241122296323.6235
2026-06-251221986253.6033
2026-06-261321966273.5831
2026-06-271321966273.5832
2026-06-281321966273.5833
2026-06-291321966273.5834
2026-06-301222176463.4737
2026-07-011321886383.4635
2026-07-021321886383.4636
2026-07-031121866553.3831
2026-07-041121866553.3832
2026-07-051121866553.3833
2026-07-061321276273.4429
2026-07-071321276273.4430
2026-07-081421076213.4428
2026-07-091521406383.4127
2026-07-101421376383.4129
2026-07-111421846593.3830
2026-07-121421846593.3831
2026-07-131521456423.4230
2026-07-141521456423.4231
2026-07-151521456423.4232
2026-07-161621546433.4331
2026-07-171621546433.4332
2026-07-181521086293.4325
2026-07-191521086293.4326
2026-07-201621146303.4325
2026-07-211521486463.3927
2026-07-221521486463.3928
2026-07-231421236423.3827
2026-07-241121206313.4428
2026-07-251020826093.4930
2026-07-261020826093.4931
2026-07-271121066313.4229
2026-07-281121706533.3828
2026-07-29922866933.3524
2026-07-301022776893.3623
2026-07-311122756853.3722
2026-08-011122756853.3723
2026-08-021122756853.3724
2026-08-031122076533.4422
2026-08-041021686313.4923
2026-08-051020686063.4619
2026-08-061020686063.4620
2026-08-071020686063.4621
2026-08-081020686063.4622
2026-08-091020686063.4623
2026-08-101020686063.4624
2026-08-11920365793.5426
2026-08-121021026063.5025
2026-08-131120846013.5023
2026-08-141321166263.4320
2026-08-151221806453.4322
2026-08-161221806453.4323
2026-08-171221806453.4324
2026-08-181321556373.4223
2026-08-191421406313.4420
2026-08-201422056563.4019
2026-08-211422056563.4020
2026-08-221422056563.4021
2026-08-231422056563.4022
2026-08-241422056563.4023
2026-08-251422056563.4024
2026-08-261422056563.4025
2026-08-271522086483.4425
2026-08-281522086483.4426
2026-08-291522086483.4427
2026-08-301422056483.4427
2026-08-311321536333.4517

12-Month Market Dynamics & Trend Trajectory

U.C. Tower at 2550 Simcoe St N has established a robust leasing history featuring 35 lifetime closed transactions with an average rent of $2,030 per month, an average rate of $3.40 per square foot, an average suite size of 609 square feet, and a lifetime average of 24 days on market across all tracked historical periods, indicating steady operational absorption by renters in the Oshawa submarket. Pricing discipline at the building favored tenants, with transactions showing that 34.3% of leases closed under asking price. The net negotiation spread settled at an average discount of $21 per month (1.18% below asking), reflecting minor concessions granted by landlords to finalize agreements and capture rental demand.

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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.

Property & transaction filters
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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)
2026-04-26120506503.1537
2026-05-03219506003.248
2026-05-10520405603.6527
2026-05-17216505333.1118
2026-05-24125008502.9440
2026-05-31118005503.2731
2026-06-070N/AN/AN/AN/A
2026-06-14424008003.0325
2026-06-21114504003.6335
2026-06-28321505673.9331
2026-07-05118505503.363
2026-07-120N/AN/AN/AN/A
2026-07-19620085923.4618
2026-07-26216754753.5628
2026-08-02223187003.3338
2026-08-09123008502.7115
2026-08-16218505303.5431

Nearby Building Rental Comparables & Price Spreads

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

U.C. Tower at 2550 Simcoe St N is benchmarked against a competitive set of nearby residential towers, led by U.C. Tower 2 at 2545 Simcoe St N (0.1 km away, completed in 2025, with 81 active leases), Charing Cross at 385 Arctic Red Dr (1.24 km away, completed in 2024, with 14 active leases), U.C. Tower Condominiums at 2250 Simcoe Street (1.29 km away, completed in 2022, with 0 active leases), and University Studios at 1900 Simcoe St N (2.37 km away, completed in 2019, with 28 active leases). These properties span diverse structural generations, ranging from mature mid-rise student-focused products built in 2019 to modern master-planned high-rise communities constructed between 2022 and 2025. Positioned within a micro-market carrying an overall comparable average rent of $1,925 per month, an average rate of $3.17 per square foot, and an average suite size of 632 square feet, U.C. Tower commands a competitive scale. Built in 2022 with 503 suites, the building captures an established value proposition by aligning modern construction quality with efficient footprint designs that trade at healthy premiums over older developments while maintaining parity with its immediate peer group.

2545 Simcoe St N, Oshawa

Avg Asking$2,060/mo
Avg $/SF$3.35
Rent Spread:
-$93/mo (-4.3%) Lower

385 Arctic Red Dr, Oshawa

Avg Asking$2,364/mo
Avg $/SF$2.82
Rent Spread:
+$211/mo (+9.8%) Higher

2250 Simcoe Street, Oshawa

Avg Asking$1,700/mo
Avg $/SF$4.25
Rent Spread:
-$453/mo (-21.0%) Lower

1900 Simcoe St N, Oshawa

Avg Asking$1,371/mo
Avg $/SF$3.43
Rent Spread:
-$782/mo (-36.3%) Lower

1800 Simcoe Street, Oshawa

Avg Asking$1,461/mo
Avg $/SF$2.95
Rent Spread:
-$692/mo (-32.2%) Lower

131 Taunton Rd E, Oshawa

Avg Asking$2,250/mo
Avg $/SF$2.25
Rent Spread:
+$97/mo (+4.5%) Higher

Comparable Analysis & Questions

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

U.C. Tower achieves an average lease rent of $2,030 per month, trading slightly below the modern U.C. Tower 2 benchmark while outperforming older student-oriented stock in the immediate vicinity. U.C. Tower 2 at 2545 Simcoe St N averages $2,066 per month at $3.33 per square foot across an average of 637 square feet. Charing Cross at 385 Arctic Red Dr commands an average of $2,352 per month at $2.80 per square foot across a larger average floor plan of 858 square feet. University Studios at 1900 Simcoe St N reports a lower average lease rent of $1,357 per month at $3.39 per square foot for compact 400-square-foot units. U.C. Tower Condominiums at 2250 Simcoe Street maintains active parity with zero recorded leases in the current 180-day window.

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

U.C. Tower establishes its value proposition by offering an average leased rate of $3.40 per square foot across an average suite size of 609 square feet, balancing modern finish quality with efficient layout utilization against regional alternatives. Renters evaluating U.C. Tower trade slightly higher rates per square foot than sprawling family-oriented alternatives like Charing Cross (which averages $2.80 per square foot across 858 square feet) for the benefit of newer construction standards, contemporary amenity programs, and manageable utility burdens. Conversely, tenants seeking extreme compaction find lower absolute dollar rents at older footprints like University Studios ($1,357 per month at $3.39 per square foot for 400 square feet), though they sacrifice overall living volume compared to U.C. Tower's 609-square-foot average.

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

U.C. Tower delivers an extensive lifestyle and amenity package that successfully rivals top-tier properties across the Oshawa submarket, serving young professionals, students, and couples seeking active, community-focused living. The building features signature amenities including a 24/7 concierge and security service, a fully equipped gym and fitness centre, a dedicated dog run and pet wash station, and an expansive rooftop terrace outfitted with an outdoor BBQ area and fireplaces. When contrasted with neighbours, U.C. Tower matches the robust offerings of U.C. Tower 2 (which includes specialized spaces like yoga and spin studios and a sound studio) while significantly outfitting older stock like University Studios, which lacks comprehensive outdoor social terraces and pet infrastructure. These refined shared spaces anchor U.C. Tower as a premier lifestyle destination in the Simcoe Street corridor.

Building Amenities, Transit & Neighbourhood Features

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

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Media & Theatre Room
  • Meeting Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Dog Run
  • Pet Wash Station
  • Outdoor Fireplaces

Data Methodology & Analytical Standards

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

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.