Market Data as of August 31, 2026
Park Terraces at Valhalla Town Square - North Tower — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Park Terraces at Valhalla Town Square – North Tower at 26 Gibbs Rd in Etobicoke Centre is an Edilcan Development Corporation property completed in 2022, offering 180 suites across the building. As of August 31, 2026, three units are actively listed for rent, representing a 1.7 percent availability rate. Over the trailing 90 days the building closed four leases at an average of $2,350 per month and a 40-day average time on market, while the 30-day window recorded zero new closings, indicating a lull in recent leasing velocity.
Current active asking rents average $2,000 per month at 3.19 dollars per square foot across an average suite size of 778 square feet. Realized 90-day leases came in at $2,350 per month and 3.88 dollars per square foot, meaning the three units now on the market are priced roughly 15 percent below what tenants recently paid. Against the Etobicoke Centre submarket asking benchmark of $2,597 per month and 3.65 dollars per square foot, the building's active inventory trades at a 12.6 percent discount on a per-square-foot basis, reflecting both the compact 400-square-foot one-bedroom suites and the value-oriented 950-square-foot three-bedroom listing.
Marketing friction is modest: delisted units averaged 52 days on market, just seven days longer than the building's lifetime leasing average of 45 days, and unrented suites asked at parity with realized lease prices rather than above them. On the negotiation side, 25 percent of historical leases closed below asking rent, with tenants saving an average of $28 per month, or $336 annualized. Active inventory depth is thin: two one-bedroom units offer a small selection for renters, while the single three-bedroom-plus listing represents a one-of-a-kind option with no comparable alternative currently on the market.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Park Terraces at Valhalla Town Square - North Tower as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Park Terraces at Valhalla Town Square - North Tower recently?
Park Terraces at Valhalla Town Square – North Tower holds three active listings as of August 31, 2026, with asking rents ranging from $1,850 to $2,300 per month, an average of $2,000 and a median of $1,850. The average suite measures 778 square feet at an asking rate of 3.19 dollars per square foot. Inventory skews toward compact entry-level one-bedroom suites, which account for 66.7 percent of available units, while the remaining third is a single larger three-bedroom-plus layout.
What floor plans and unit layouts are currently available at Park Terraces at Valhalla Town Square - North Tower?
The dominant active layout at Park Terraces at Valhalla Town Square – North Tower is the one-bedroom, with two units representing 66.7 percent of current availability. One-bedroom suites average $2,075 per month across 693 square feet at 3.81 dollars per square foot. The three-bedroom-plus tier holds a single listing at $1,850 per month for 950 square feet, equating to 1.95 dollars per square foot.
What is the average asking rent and $/SF by suite size at Park Terraces at Valhalla Town Square - North Tower?
Park Terraces at Valhalla Town Square – North Tower shows an active asking spread of $450, or 24.3 percent, between its minimum entry rent of $1,850 and peak asking rent of $2,300 per month. The median asking rent sits at $1,850. The entry-level suite is a three-bedroom-plus unit of 950 square feet priced at 1.95 dollars per square foot, while the peak listing is a compact one-bedroom of 400 square feet at 5.75 dollars per square foot.
How much extra do parking spaces and dens cost at Park Terraces at Valhalla Town Square - North Tower?
Park Terraces at Valhalla Town Square – North Tower does not currently have quantified den premiums or square-footage deltas isolable from active listings, so the marginal cost of extra den space cannot be reliably stated. Parking stall premiums likewise cannot be reliably isolated from the current sample of three listings, and no verified parking add-on figure is available from historical lease data either.
How do asking rents at Park Terraces at Valhalla Town Square - North Tower compare to local and municipal benchmarks?
Park Terraces at Valhalla Town Square – North Tower asks an average of $2,000 per month at 3.19 dollars per square foot, compared to the Etobicoke Centre submarket asking benchmark of $2,597 per month and 3.65 dollars per square foot. The building's per-square-foot rate runs 12.6 percent below the submarket asking average, a gap driven in part by the mix of compact one-bedroom suites alongside a larger three-bedroom listing. The building's three active listings represent roughly 4.7 percent of the 64 total active listings across the Etobicoke Centre submarket.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Park Terraces at Valhalla Town Square - North Tower (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Park Terraces at Valhalla Town Square - North Tower, and what was their re-listing price compared to previous asking?
Park Terraces at Valhalla Town Square – North Tower has 2 delisted units, representing a 25% ratio against its lifetime lease volume of 8, with the breakdown being 1 terminated and 1 expired listing. Because zero leases closed in the trailing 30 days, the delisted-to-30-day ratio is not computable. Two pulled listings against a stalled leasing pipeline signals moderate market friction: landlords are withdrawing units rather than holding them at uncompetitive asking prices.
How do asking prices on de-listed suites compare to executed leases and active listings at Park Terraces at Valhalla Town Square - North Tower?
Park Terraces at Valhalla Town Square – North Tower delisted units asked at an average of $2,200 per month, sitting at exact parity with realized lease averages, with a nominal dollar spread of $0 and a rate-per-square-foot gap of $0. The delisted direction is classified as parity, meaning unrented units were not overpriced relative to what tenants actually paid. This neutral spread suggests the friction at this building is driven by marketing duration rather than aggressive asking-price inflation.
What market friction causes rental listings to stall or de-list at Park Terraces at Valhalla Town Square - North Tower?
Park Terraces at Valhalla Town Square – North Tower delisted units sat on the market for an average of 52 days, compared to a lifetime realized lease DOM of 45 days, producing a 7-day excess. Those 7 additional marketing days translate to roughly $513 in lost rent at the $2,200 average delisted asking price, plus ongoing condo maintenance fees that continued to accrue during the vacancy carry. The modest excess indicates the building's friction is timing-related rather than a structural pricing mismatch.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 5 | 2720 | 840 | 3.37 | 20 |
| 2026-04-28 | 5 | 2720 | 840 | 3.37 | 21 |
| 2026-04-29 | 5 | 2720 | 840 | 3.37 | 22 |
| 2026-04-30 | 5 | 2720 | 840 | 3.37 | 23 |
| 2026-05-01 | 5 | 2720 | 840 | 3.37 | 24 |
| 2026-05-02 | 6 | 2692 | 825 | 3.38 | 21 |
| 2026-05-03 | 6 | 2692 | 825 | 3.38 | 22 |
| 2026-05-04 | 6 | 2692 | 825 | 3.38 | 23 |
| 2026-05-05 | 6 | 2692 | 825 | 3.38 | 24 |
| 2026-05-06 | 6 | 2692 | 825 | 3.38 | 25 |
| 2026-05-07 | 6 | 2692 | 825 | 3.38 | 26 |
| 2026-05-08 | 6 | 2692 | 825 | 3.38 | 27 |
| 2026-05-09 | 6 | 2692 | 825 | 3.38 | 28 |
| 2026-05-10 | 6 | 2692 | 825 | 3.38 | 29 |
| 2026-05-11 | 6 | 2692 | 825 | 3.38 | 30 |
| 2026-05-12 | 6 | 2692 | 825 | 3.38 | 31 |
| 2026-05-13 | 6 | 2692 | 825 | 3.38 | 32 |
| 2026-05-14 | 5 | 2630 | 800 | 3.42 | 32 |
| 2026-05-15 | 5 | 2630 | 800 | 3.42 | 33 |
| 2026-05-16 | 5 | 2630 | 800 | 3.42 | 34 |
| 2026-05-17 | 5 | 2630 | 800 | 3.42 | 35 |
| 2026-05-18 | 5 | 2630 | 800 | 3.42 | 36 |
| 2026-05-19 | 5 | 2630 | 800 | 3.42 | 37 |
| 2026-05-20 | 4 | 2413 | 675 | 3.60 | 41 |
| 2026-05-21 | 5 | 2389 | 620 | 4.03 | 34 |
| 2026-05-22 | 5 | 2389 | 620 | 4.03 | 35 |
| 2026-05-23 | 5 | 2389 | 620 | 4.03 | 36 |
| 2026-05-24 | 5 | 2389 | 620 | 4.03 | 37 |
| 2026-05-25 | 5 | 2389 | 620 | 4.03 | 38 |
| 2026-05-26 | 4 | 2349 | 588 | 4.18 | 38 |
| 2026-05-27 | 3 | 2415 | 600 | 4.28 | 21 |
| 2026-05-28 | 3 | 2415 | 600 | 4.28 | 22 |
| 2026-05-29 | 3 | 2415 | 600 | 4.28 | 23 |
| 2026-05-30 | 3 | 2415 | 600 | 4.28 | 24 |
| 2026-05-31 | 3 | 2415 | 600 | 4.28 | 25 |
| 2026-06-01 | 3 | 2415 | 600 | 4.28 | 26 |
| 2026-06-02 | 3 | 2415 | 600 | 4.28 | 27 |
| 2026-06-03 | 2 | 2423 | 575 | 4.57 | 23 |
| 2026-06-04 | 2 | 2423 | 575 | 4.57 | 24 |
| 2026-06-05 | 2 | 2423 | 575 | 4.57 | 25 |
| 2026-06-06 | 2 | 2423 | 575 | 4.57 | 26 |
| 2026-06-07 | 2 | 2423 | 575 | 4.57 | 27 |
| 2026-06-08 | 2 | 2423 | 575 | 4.57 | 28 |
| 2026-06-09 | 3 | 2365 | 567 | 4.41 | 19 |
| 2026-06-10 | 3 | 2365 | 567 | 4.41 | 20 |
| 2026-06-11 | 3 | 2365 | 567 | 4.41 | 21 |
| 2026-06-12 | 3 | 2365 | 567 | 4.41 | 22 |
| 2026-06-13 | 3 | 2365 | 567 | 4.41 | 23 |
| 2026-06-14 | 3 | 2365 | 567 | 4.41 | 24 |
| 2026-06-15 | 3 | 2365 | 567 | 4.41 | 25 |
| 2026-06-16 | 3 | 2365 | 567 | 4.41 | 26 |
| 2026-06-17 | 3 | 2365 | 567 | 4.41 | 27 |
| 2026-06-18 | 2 | 2273 | 475 | 4.91 | 19 |
| 2026-06-19 | 2 | 2273 | 475 | 4.91 | 20 |
| 2026-06-20 | 2 | 2273 | 475 | 4.91 | 21 |
| 2026-06-21 | 2 | 2273 | 475 | 4.91 | 22 |
| 2026-06-22 | 2 | 2273 | 475 | 4.91 | 23 |
| 2026-06-23 | 2 | 2273 | 475 | 4.91 | 24 |
| 2026-06-24 | 2 | 2273 | 475 | 4.91 | 25 |
| 2026-06-25 | 3 | 2273 | 567 | 4.29 | 17 |
| 2026-06-26 | 3 | 2273 | 567 | 4.29 | 18 |
| 2026-06-27 | 3 | 2273 | 567 | 4.29 | 19 |
| 2026-06-28 | 3 | 2273 | 567 | 4.29 | 20 |
| 2026-06-29 | 3 | 2273 | 567 | 4.29 | 21 |
| 2026-06-30 | 3 | 2273 | 567 | 4.29 | 22 |
| 2026-07-01 | 3 | 2273 | 567 | 4.29 | 23 |
| 2026-07-02 | 2 | 2263 | 650 | 3.56 | 15 |
| 2026-07-03 | 2 | 2263 | 650 | 3.56 | 16 |
| 2026-07-04 | 2 | 2263 | 650 | 3.56 | 17 |
| 2026-07-05 | 2 | 2263 | 650 | 3.56 | 18 |
| 2026-07-06 | 2 | 2263 | 650 | 3.56 | 19 |
| 2026-07-07 | 2 | 2263 | 650 | 3.56 | 20 |
| 2026-07-08 | 2 | 2263 | 650 | 3.56 | 21 |
| 2026-07-09 | 2 | 2263 | 650 | 3.56 | 22 |
| 2026-07-10 | 2 | 2263 | 650 | 3.56 | 23 |
| 2026-07-11 | 2 | 2263 | 650 | 3.56 | 24 |
| 2026-07-12 | 2 | 2263 | 650 | 3.56 | 25 |
| 2026-07-13 | 2 | 2263 | 650 | 3.56 | 26 |
| 2026-07-14 | 2 | 2263 | 650 | 3.56 | 27 |
| 2026-07-15 | 4 | 2056 | 809 | 2.74 | 14 |
| 2026-07-16 | 4 | 2056 | 809 | 2.74 | 15 |
| 2026-07-17 | 4 | 2056 | 809 | 2.74 | 16 |
| 2026-07-18 | 4 | 2056 | 809 | 2.74 | 17 |
| 2026-07-19 | 4 | 2056 | 809 | 2.74 | 18 |
| 2026-07-20 | 4 | 2056 | 809 | 2.74 | 19 |
| 2026-07-21 | 4 | 2056 | 809 | 2.74 | 20 |
| 2026-07-22 | 4 | 2056 | 809 | 2.74 | 21 |
| 2026-07-23 | 4 | 2056 | 809 | 2.74 | 22 |
| 2026-07-24 | 4 | 2056 | 809 | 2.74 | 23 |
| 2026-07-25 | 3 | 1983 | 828 | 2.64 | 22 |
| 2026-07-26 | 3 | 1983 | 828 | 2.64 | 23 |
| 2026-07-27 | 3 | 1983 | 828 | 2.64 | 24 |
| 2026-07-28 | 3 | 1983 | 828 | 2.64 | 25 |
| 2026-07-29 | 3 | 1983 | 828 | 2.64 | 26 |
| 2026-07-30 | 4 | 2063 | 721 | 3.42 | 20 |
| 2026-07-31 | 4 | 2063 | 721 | 3.42 | 21 |
| 2026-08-01 | 4 | 2063 | 721 | 3.42 | 22 |
| 2026-08-02 | 4 | 2063 | 721 | 3.42 | 23 |
| 2026-08-03 | 4 | 2063 | 721 | 3.42 | 24 |
| 2026-08-04 | 4 | 2063 | 721 | 3.42 | 25 |
| 2026-08-05 | 4 | 2063 | 721 | 3.42 | 26 |
| 2026-08-06 | 4 | 2063 | 721 | 3.42 | 27 |
| 2026-08-07 | 5 | 2080 | 687 | 3.52 | 23 |
| 2026-08-08 | 5 | 2080 | 687 | 3.52 | 24 |
| 2026-08-09 | 5 | 2080 | 687 | 3.52 | 25 |
| 2026-08-10 | 5 | 2080 | 687 | 3.52 | 26 |
| 2026-08-11 | 5 | 2080 | 687 | 3.52 | 27 |
| 2026-08-12 | 5 | 2080 | 687 | 3.52 | 28 |
| 2026-08-13 | 5 | 2080 | 687 | 3.52 | 29 |
| 2026-08-14 | 5 | 2080 | 687 | 3.52 | 30 |
| 2026-08-15 | 5 | 2080 | 687 | 3.52 | 31 |
| 2026-08-16 | 5 | 2080 | 687 | 3.52 | 32 |
| 2026-08-17 | 5 | 2080 | 687 | 3.52 | 33 |
| 2026-08-18 | 5 | 2080 | 687 | 3.52 | 34 |
| 2026-08-19 | 5 | 2080 | 687 | 3.52 | 35 |
| 2026-08-20 | 5 | 2080 | 687 | 3.52 | 36 |
| 2026-08-21 | 5 | 2080 | 687 | 3.52 | 37 |
| 2026-08-22 | 5 | 2080 | 687 | 3.52 | 38 |
| 2026-08-23 | 5 | 2080 | 687 | 3.52 | 39 |
| 2026-08-24 | 5 | 2080 | 687 | 3.52 | 40 |
| 2026-08-25 | 5 | 2080 | 687 | 3.52 | 41 |
| 2026-08-26 | 5 | 2080 | 687 | 3.52 | 42 |
| 2026-08-27 | 4 | 2063 | 721 | 3.42 | 48 |
| 2026-08-28 | 4 | 2063 | 721 | 3.42 | 49 |
| 2026-08-29 | 4 | 2063 | 721 | 3.42 | 50 |
| 2026-08-30 | 4 | 2063 | 721 | 3.42 | 51 |
| 2026-08-31 | 3 | 2000 | 778 | 3.19 | 42 |
12-Month Market Dynamics & Trend Trajectory
Park Terraces at Valhalla Town Square – North Tower has closed 8 leases since its October 2022 registration, averaging $2,563 per month at $3.57 per square foot across an average suite size of 763 square feet. The lifetime average DOM stands at 45 days, well above the Etobicoke Centre submarket benchmark of 25 days, and the building's 180-suite inventory shows a 1.7% availability rate, indicating most units are occupied but new leasing velocity has slowed to a crawl. On pricing discipline, 25.0% of closed leases settled below the listed asking price, with tenants capturing an average $28 per month discount (1.14% below ask). This is a tenant-favorable outcome reflecting landlord concessions in a competitive Etobicoke Centre market, not a landlord pricing premium. The net negotiation spread of -$28 per month confirms that prospective tenants held meaningful leverage at the negotiating table, and landlords absorbed the concession to close deals rather than risk extended vacancy carry.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-10 | 1 | 3000 | 950 | 3.16 | 38 |
| 2026-05-17 | 1 | 3500 | 1300 | 2.69 | 26 |
| 2026-05-24 | 2 | 2300 | 650 | 3.59 | 67 |
| 2026-05-31 | 1 | 2400 | 650 | 3.69 | 40 |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 1 | 2550 | 750 | 3.40 | 47 |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 2150 | 400 | 5.38 | 42 |
| 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 | 2300 | 750 | 3.07 | 30 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Park Terraces at Valhalla Town Square – North Tower at 26 Gibbs Rd sits in a tightly clustered competitive set within the Etobicoke Centre submarket, where four nearby buildings completed between 2012 and 2022 have collectively closed 49 lease transactions over the trailing 180 days. The closest rival, Park Terraces at Valhalla Town Square – South Tower at 10 Gibbs Rd (0.08 km away, also completed in 2022), recorded 10 closed leases in that window, while Valhalla Town Square at 30 Gibbs Rd (0.1 km, 2022) logged 17. The two older properties—One Valhalla at 1 Valhalla Inn Rd (0.14 km, built in 2012) with 9 closed leases and Thunderbird (One Valhalla – II) at 5 Valhalla Inn Rd (0.16 km, built in 2014) with 13—represent a prior generation of mid-rise product roughly a decade older than the subject building. Across this micro-market, the four comparables average $2,425 per month in lease rent at $3.62 per square foot across an average suite size of 687 square feet. The North Tower's all-time leased average of $2,563 per month and 763 square feet positions it as the largest unit in the set while trading at a blended rate that is competitive on a per-square-foot basis against three of the four competitors. Against the 2022-era towers, the subject offers more interior space at a lower or near-parity rate per square foot, and against the 2012–2014 buildings it commands a modest per-square-foot premium justified by its newer construction, expanded footprint, and a broader outdoor-oriented amenity package.
10 Gibbs Rd, Etobicoke
Comparable Analysis & Questions
How do rental rates at Park Terraces at Valhalla Town Square - North Tower compare to neighbouring buildings within Etobicoke Centre?
Park Terraces at Valhalla Town Square – North Tower leases at an all-time average of $2,563 per month, which sits $138 above the four-comp average of $2,425 and $39 above the Etobicoke Centre submarket lease benchmark of $2,524. The South Tower at 10 Gibbs Rd averages $2,540 per month at $3.62 per square foot across 725 square feet, Valhalla Town Square at 30 Gibbs Rd commands $2,579 per month at $3.88 per square foot over 690 square feet, One Valhalla at 1 Valhalla Inn Rd rents for $2,336 per month at $3.33 per square foot across 709 square feet, and Thunderbird (One Valhalla – II) at 5 Valhalla Inn Rd averages $2,245 per month at $3.63 per square foot over 624 square feet. The North Tower's rent therefore clusters in the upper-middle of this set, reflecting its larger suite sizes and 2022 completion date while remaining below the premium per-square-foot pricing of Valhalla Town Square.
Does Park Terraces at Valhalla Town Square - North Tower offer a competitive price-per-square-foot ($/SF) against local comparables?
At $3.57 per square foot across an average 763-square-foot suite, Park Terraces at Valhalla Town Square – North Tower delivers the most interior space in its immediate competitive set while pricing below three of four nearby alternatives on a per-square-foot basis. Compared with the South Tower's 725 square feet at $3.62 per square foot, the subject provides 38 additional square feet at a $0.05-per-square-foot discount; against Valhalla Town Square's 690 square feet at $3.88 per square foot, tenants gain 73 extra square feet while paying $0.31 less per square foot. The North Tower does trade at a $0.24-per-square-foot premium over One Valhalla (709 sq ft at $3.33) and a $0.06-per-square-foot discount below Thunderbird (624 sq ft at $3.63), but in every case the subject's 763-square-foot average footprint is the largest available within 160 metres, meaning renters are not surrendering space to access these rates.
How do building age, amenities, and developer reputation impact rent spreads?
Park Terraces at Valhalla Town Square – North Tower differentiates itself through a pet-centric and outdoor-recreation amenity suite that several nearby competitors either lack entirely or offer in a more limited form. Where One Valhalla and Thunderbird (One Valhalla – II) provide only indoor pools, the North Tower features a dedicated outdoor pool alongside firepits and a dog run—amenities absent from both older properties. The subject's pet wash station is matched only by Valhalla Town Square and is entirely missing from One Valhalla and Thunderbird, while its library and reading room is unavailable at Thunderbird, which instead offers a basic business centre. The South Tower, though a near-identical twin, includes a sauna and steam room plus a games and billiards room that the North Tower does not carry, but the North Tower's firepit lounge and pet wash station give it a distinct edge for tenants who prioritise outdoor socialising and pet care. This lifestyle package is best suited to pet-owning professionals and young families in Etobicoke Centre who value outdoor recreation, on-site pet services, and community gathering spaces over indoor spa or gaming facilities.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Park Terraces at Valhalla Town Square - North Tower.
Building Amenities
- Concierge & Security
- Shuttle Service
- Gym & Fitness Centre
- Yoga Studio
- Outdoor Pool
- Party & Lounge Room
- Meeting Room
- Media & Theatre Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
- Children's Playground - Outdoor
- Kids' Play Room - Indoor
- Dog Run
- Pet Wash Station
- Firepits
Residential Buildings in the Vicinity
- Park Terraces at Valhalla Town Square - South Tower85 m
- Valhalla Town Square96 m
- One Valhalla144 m
- Triumph (One Valhalla - III)156 m
- Thunderbird (One Valhalla - II)156 m
- West Village I357 m
- Queenscourt375 m
- West Village - II386 m
- Evermore at West Village407 m
- Sussex House1.1 km
- Etobicoke Gardens1.3 km
- The Kip District 21.5 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Park Terraces at Valhalla Town Square - North 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.
