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Market Data as of August 31, 2026

293 The Kingsway 1 — Rental Market Data

293 The Kingsway, Etobicoke, Ontario M9A 0E8
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$3,100

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites158
DeveloperBenvenuto Group

293 The Kingsway 1, a 158-suite residential building at 293 The Kingsway in Etobicoke's Kingsway corridor, was developed by Benvenuto Group and completed in 2024. As of August 31, 2026, the building carries one active listing against a 0.6 percent availability rate, meaning 157 of 158 suites are occupied. Leasing velocity has been modest but steady: one lease closed in the trailing 30 days at an average of $3,200 per month with a five-day time to lease, while six leases signed over the past 90 days averaged $2,675 per month and took 28 days to close.

The single active listing asks $3,100 per month for a 779-square-foot two-bedroom unit, translating to $3.98 per square foot. That rate sits below the building's 90-day realized average of $4.12 per square foot and its all-time lease average of $4.10 per square foot, a gap explained by the active suite's larger footprint of 779 square feet compared to the 647-square-foot average across all tracked historical leases. Against the Etobicoke Kingsway submarket asking benchmark of $3.82 per square foot, the building's current listing trades 4.2 percent above the corridor average on a rate basis, while its nominal monthly rent of $3,100 exceeds the submarket asking average of $2,952.

Marketing friction appears contained. The active listing has been on market for 20 days, under the submarket average of 25 days, and the most recent 30-day lease closed in just five days. Across all seven tracked historical leases, tenants negotiated an average discount of $57 per month, or 2.27 percent below asking, with 57.1 percent of deals closing under the initial list price—a tenant-favorable pattern worth factoring into offer strategy. Inventory depth is minimal: the sole available unit is a two-bedroom, leaving no one-bedroom or studio options currently on the market at this address.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at 293 The Kingsway 1 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$3,100
$0
Avg Suite Size779 sf
0 sf
Avg Days on Market20d
+13d (185.7%)
Avg Asking $/SF$3.98
$0.00

Active Market Insights & Questions

How has rental availability changed at 293 The Kingsway 1 recently?

293 The Kingsway 1 carries one active listing as of August 31, 2026, with a single asking rent of $3,100 per month serving as both the average and median. The available unit spans 779 square feet at an asking rate of $3.98 per square foot, and the 100 percent layout share falls entirely in the two-bedroom tier. With no studio or one-bedroom units currently listed, the active inventory leans toward a larger, multi-bedroom executive footprint rather than compact entry-level suites.

What floor plans and unit layouts are currently available at 293 The Kingsway 1?

The dominant and sole active layout at 293 The Kingsway 1 is the two-bedroom, representing 100 percent of available inventory with a single listing. That unit asks $3,100 per month for 779 square feet, equating to $3.98 per square foot. No one-bedroom, studio, or three-bedroom tiers are currently on the market at this address.

What is the average asking rent and $/SF by suite size at 293 The Kingsway 1?

293 The Kingsway 1 shows a minimum and maximum asking rent of $3,100 per month, producing a dollar spread of $0 and a percentage spread of 0 percent across its single active listing. The median asking rent is likewise $3,100. The entry-level and peak suite are the same two-bedroom unit at 779 square feet and $3.98 per square foot, so no intra-building price gradient can be isolated from the current sample.

How much extra do parking spaces and dens cost at 293 The Kingsway 1?

Den premiums at 293 The Kingsway 1 cannot be quantified from the current active sample, as no paired den versus non-den listings exist to isolate a marginal cost per square foot. Active parking premiums also cannot be reliably isolated from the available data, though verified historical leases at this building show a $250 per month parking add-on that may serve as a reasonable reference point for renters.

How do asking rents at 293 The Kingsway 1 compare to local and municipal benchmarks?

The active asking rent of $3,100 per month and $3.98 per square foot at 293 The Kingsway 1 both exceed the Etobicoke Kingsway submarket averages of $2,952 per month and $3.82 per square foot, placing the building 4.2 percent above the corridor asking benchmark on a rate basis. The nominal rent premium is partially offset by the active suite's 779-square-foot footprint, which closely matches the submarket implied average of 773 square feet, so the size differential does not explain the rate gap. This single listing represents 1 out of 23 active units across the Etobicoke Kingsway submarket.

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 293 The Kingsway 1 (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$3,200
Avg Leased Size647 sf
Avg Days to Lease5d
Leased $/SF$3.76

Leased Transaction Insights & Questions

How many suites were leased at 293 The Kingsway 1 last month, and how fast did they rent?

293 The Kingsway 1 closed 1 lease in the trailing 30 days at a 5-day DOM, compared to 6 leases over the prior 90 days at a 28-day DOM, against an Etobicoke Kingsway submarket benchmark of 25 days. Lifetime volume stands at 7 closed leases. Leasing cadence accelerated sharply in August with a single deal clearing in just 5 days, following a mid-summer cluster of 5 transactions across June and July that averaged 32 days on market.

What is the negotiation spread between asking rents and closed lease prices at 293 The Kingsway 1?

293 The Kingsway 1 tenants negotiated an average discount of $57 per month (2.27% below asking), saving $684 per year across all tracked leases. 57.1% of closed leases settled under the listed asking price, confirming measurable tenant leverage in this submarket. Landlords absorbed the concession rather than holding firm at list, and the net spread of -$57 per month reflects a consistent pattern of pushback on price across the majority of transactions.

What are typical executed lease prices across different layouts at 293 The Kingsway 1?

The two highest-volume anchor layouts at 293 The Kingsway 1 are 1-Bedroom (3 leases, average $2,183 per month, 43-day DOM) and 2-Bedroom (2 leases, average $3,000 per month, 8-day DOM). 1-Bedroom: 3 closed leases, median $2,200, P25–P75 range $2,100 to $2,275, average 500 square feet at $4.42 per square foot, 43-day DOM. This is a limited sample size and serves as a directional indicator only. 2-Bedroom: 2 closed leases, median $3,000, P25–P75 range $3,000 to $3,000, average 765 square feet at $3.93 per square foot, 8-day DOM. This is a limited sample size and serves as a directional indicator only. 1-Bedroom + Den: 1 closed lease at $2,500 per month, 650 square feet at $3.85 per square foot, 61-day DOM. This represents an individual single transaction, not a broad statistical benchmark. 2-Bedroom + Den: 1 closed lease at $3,200 per month, 850 square feet at $3.76 per square foot, 5-day DOM. This represents an individual single transaction, not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at 293 The Kingsway 1?

293 The Kingsway 1 carries a verified leased parking premium of $250 per month on top of suite rent. The single active listing does not provide a reliable parking figure due to insufficient paired sample data, so the $250 verified lease value remains the only confirmed benchmark for this building. Tenants are paying a flat $250 monthly add-on, and no luxury-tier or variable-rate parking structure is evident in the tracked data.

How does the lease-to-listing ratio at 293 The Kingsway 1 reflect current tenant demand?

293 The Kingsway 1 shows a clear upward rent trajectory from spring through late summer 2026, climbing from $2,200 in April to $3,200 in August. April: 1 closed deal at $2,200 per month, $4.00 per square foot, 41-day DOM. June: 3 closed deals at $2,500 per month, $4.28 per square foot, 36-day DOM. July: 2 closed deals at $2,675 per month, $4.06 per square foot, 28-day DOM. August: 1 closed deal at $3,200 per month, $3.76 per square foot, 5-day DOM. The August nominal increase to $3,200 reflects a larger 850-square-foot suite rather than a rate-per-square-foot jump, as the $/sq. ft. actually declined from July's $4.06.

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
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Chart Metrics
Max 2 Plotted
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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)
2026-04-27126506504.0813
2026-04-28126506504.0814
2026-04-29126506504.0815
2026-04-30126506504.0816
2026-05-01126506504.0817
2026-05-02126506504.0818
2026-05-03126506504.0819
2026-05-04126506504.0820
2026-05-05126506504.0821
2026-05-06126506504.0822
2026-05-07126506504.0823
2026-05-08223755254.6612
2026-05-09223755254.6613
2026-05-10223755254.6614
2026-05-11223755254.6615
2026-05-12223755254.6616
2026-05-13223755254.6617
2026-05-14223755254.6618
2026-05-15223755254.6619
2026-05-16223755254.6620
2026-05-17223755254.6621
2026-05-18223755254.6622
2026-05-19223755254.6623
2026-05-20223755254.6624
2026-05-21223755254.6625
2026-05-22223755254.6626
2026-05-23223755254.6627
2026-05-24223755254.6628
2026-05-25223755254.6629
2026-05-26223755254.6630
2026-05-27223755254.6631
2026-05-28223755254.6632
2026-05-29223755254.6633
2026-05-30223755254.6634
2026-05-31223755254.6635
2026-06-01425255884.4018
2026-06-02425255884.4019
2026-06-03425255884.4020
2026-06-04425255884.4021
2026-06-05425255884.4022
2026-06-06425255884.4023
2026-06-07425255884.4024
2026-06-08323675334.5331
2026-06-09323675334.5332
2026-06-10323675334.5333
2026-06-11323675334.5334
2026-06-12323675334.5335
2026-06-13323675334.5336
2026-06-14222254754.7625
2026-06-15222254754.7626
2026-06-16222254754.7627
2026-06-17222254754.7628
2026-06-18123505504.2717
2026-06-19123505504.2718
2026-06-20123505504.2719
2026-06-21123505504.2720
2026-06-22123505504.2721
2026-06-23123505504.2722
2026-06-24123505504.2723
2026-06-25123505504.2724
2026-06-26123505504.2725
2026-06-27123505504.2726
2026-06-28123505504.2727
2026-06-29123505504.2728
2026-06-30123505504.2729
2026-07-01123505504.2730
2026-07-02123505504.2731
2026-07-03123505504.2732
2026-07-04123505504.2733
2026-07-05123505504.2734
2026-07-06123505504.2735
2026-07-07123505504.2736
2026-07-08123505504.2737
2026-07-09123505504.2738
2026-07-10123505504.2739
2026-07-11123505504.2740
2026-07-12123505504.2741
2026-07-13123505504.2742
2026-07-14123505504.2743
2026-07-15123505504.2744
2026-07-16123505504.2745
2026-07-17123505504.2746
2026-07-23131007793.98N/A
2026-07-24131007793.981
2026-07-25131007793.982
2026-07-26131007793.983
2026-07-27131007793.984
2026-07-28131007793.985
2026-07-29131007793.986
2026-07-30131007793.987
2026-08-02132008503.76N/A
2026-08-03132008503.761
2026-08-04132008503.762
2026-08-05132008503.763
2026-08-06132008503.764
2026-08-11131007793.98N/A
2026-08-12131007793.981
2026-08-13131007793.982
2026-08-14131007793.983
2026-08-15131007793.984
2026-08-16131007793.985
2026-08-17131007793.986
2026-08-18131007793.987
2026-08-19131007793.988
2026-08-20131007793.989
2026-08-21131007793.9810
2026-08-22131007793.9811
2026-08-23131007793.9812
2026-08-24131007793.9813
2026-08-25131007793.9814
2026-08-26131007793.9815
2026-08-27131007793.9816
2026-08-28131007793.9817
2026-08-29131007793.9818
2026-08-30131007793.9819
2026-08-31131007793.9820

12-Month Market Dynamics & Trend Trajectory

293 The Kingsway 1 realized an average lease rent of $2,607 per month and a rate of $4.10 per square foot, sitting 2.6% below the Etobicoke Kingsway submarket average lease rent of $2,677 but commanding an 11.4% premium on rate per square foot over the submarket's $3.70 benchmark. The single active listing asks $3,100 per month at $3.98 per square foot, which is 4.2% above the submarket average asking rate of $3.82 per square foot, positioning the building's asking rents modestly above local norms while realized leases trade at a slight nominal discount. Pricing discipline at 293 The Kingsway 1 skews tenant-favorable, with 57.1% of closed leases settling below the listed asking price. The average concession is $57 per month (2.27% under asking), translating to $684 in annual savings for tenants across tracked leases. This pattern indicates landlords are willing to move on price to close files rather than hold units vacant, and the net negotiation spread of -$57 per month confirms a consistent landlord concession rather than any premium capture.

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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)
2026-06-07130007504.007
2026-06-14222505254.4251
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-12123505504.2747
2026-07-190N/AN/AN/AN/A
2026-07-26130007793.858
2026-08-02132008503.765

Nearby Building Rental Comparables & Price Spreads

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

293 The Kingsway 1 at 293 The Kingsway sits in a tight cluster of four nearby residential buildings within 0.7 kilometres, spanning completion eras from 1999 to 2026. Three of the four competitors recorded active lease volume over the trailing 180 days: Edenbridge Residences at 259 The Kingsway (0.27 km, built in 2026, 9 closed leases), Kingsway by the River 2 at 4208 Dundas St W (0.69 km, built in 2022, 5 closed leases), and The James Club at 1135 Royal York Rd (0.48 km, built in 2011, 2 closed leases). Kingsway Regent at 30 Anglesey Blvd (0.22 km, built in 1999) recorded zero closed leases in the same window and functions solely as an architectural and amenity reference rather than a live pricing benchmark. The three active competitors post an overall average realized rent of $2,977 per month, an average rate of $4.39 per square foot, and an average suite size of 742 square feet. At 647 square feet on a leased basis, 293 The Kingsway 1 provides a meaningfully smaller interior footprint than every active peer, while its $4.10 per square foot realized rate slots below the Edenbridge benchmark but above both The James Club and Kingsway by the River 2. The building's 2024 completion gives it a structural and systems advantage over the 1999 and 2011 stock, positioning it as a newer-generation product in a pocket where the median competitor is a decade or more older.

259 The Kingsway, Etobicoke

Avg Asking$2,833/mo
Avg $/SF$4.58
Rent Spread:
-$267/mo (-8.6%) Lower

1135 Royal York Rd, Etobicoke

Avg Asking$2,525/mo
Avg $/SF$4.23
Rent Spread:
-$575/mo (-18.5%) Lower

4208 Dundas St W, Etobicoke

Avg Asking$2,745/mo
Avg $/SF$3.87
Rent Spread:
-$355/mo (-11.5%) Lower

20 Brin Dr, Etobicoke

Avg Asking$2,995/mo
Avg $/SF$4.43
Rent Spread:
-$105/mo (-3.4%) Lower

4196 Dundas St W, Etobicoke

Avg Asking$2,525/mo
Avg $/SF$3.44
Rent Spread:
-$575/mo (-18.5%) Lower

571 Prince Edward Drive North, Etobicoke

Avg Asking$2,925/mo
Avg $/SF$4.02
Rent Spread:
-$175/mo (-5.6%) Lower

Comparable Analysis & Questions

How do rental rates at 293 The Kingsway 1 compare to neighbouring buildings within Etobicoke Kingsway?

293 The Kingsway 1 realized an average lease rent of $2,607 per month across seven closed transactions, sitting $370 below the three-active-comp benchmark of $2,977 and $70 below the Etobicoke Kingsway submarket average of $2,677. Edenbridge Residences at 259 The Kingsway (0.27 km, 9 closed leases) posted the highest comp rent at $3,250 per month on 676 square feet at $5.75 per square foot; The James Club at 1135 Royal York Rd (0.48 km, 2 closed leases) averaged $2,800 per month on 775 square feet at $3.62 per square foot; and Kingsway by the River 2 at 4208 Dundas St W (0.69 km, 5 closed leases) recorded $2,880 per month on 775 square feet at $3.79 per square foot. Kingsway Regent at 30 Anglesey Blvd (0.22 km) logged zero closed leases in the trailing 180 days and therefore carries no realized rent benchmark against which to compare.

Does 293 The Kingsway 1 offer a competitive price-per-square-foot ($/SF) against local comparables?

293 The Kingsway 1 trades at $4.10 per square foot on a 647-square-foot leased footprint, placing it at a discount below Edenbridge Residences' $5.75 per square foot but at a premium over both The James Club ($3.62 per square foot) and Kingsway by the River 2 ($3.79 per square foot), while delivering fewer interior square feet than every active competitor. Against Edenbridge, the subject offers a $1.65 per square foot discount and 29 fewer square feet, so the $643-per-month rent gap reflects both a smaller suite and a lower per-foot rate. Against The James Club, the subject commands a $0.48 per square foot premium yet provides 128 fewer square feet, meaning the $193-per-month lower nominal rent is driven entirely by the reduced interior footprint rather than a weaker per-foot valuation. Kingsway by the River 2 follows the same pattern: a $0.31 per square foot premium for the subject, 128 fewer square feet, and a $273-per-month lower total rent that traces back to the smaller suite size.

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

293 The Kingsway 1 carries an 18-item amenity suite that outpaces every nearby competitor in breadth, spanning aquatic wellness (indoor pool, hot tub, sauna and steam room), dedicated fitness (gym, yoga studio, spin studio), remote-work infrastructure (business centre, meeting room), and lifestyle extras (pet wash station, EV charging, rooftop terrace, media and theatre room, games and billiards room). Edenbridge Residences matches the aquatic and fitness core but lacks the spin studio, EV charging, business centre, media room, games room, and pet wash station. The James Club adds a golf simulator and library but omits the yoga studio, spin studio, EV charging, pet wash, and rooftop terrace found at the subject. Kingsway by the River 2 offers only a gym, party room, meeting room, and games room—no pool, no sauna, no outdoor terrace—making it the thinnest amenity package in the set. This full-service lifestyle profile targets professionals and young families who want resort-style wellness, dedicated remote-work space, and pet-friendly convenience without leaving the building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around 293 The Kingsway 1.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Spin Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 293 The Kingsway 1.

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.