Market Data as of August 31, 2026
Edge Towers 2 — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Edge Towers 2, situated at 30 Elm Dr W in the Mississauga City Centre neighborhood, is an established 418-suite residential tower completed in 2024 by developer Solmar Development Corporation. The property features a low active availability rate of 1.4% derived from 6 current listings. Over the past 90 days, the building recorded 33 closed transactions with an average of 22 days on the market, alongside 11 closed deals over the past 30 days with an average of 25 days on the market.
Active asking rents average $2,416 per month at an asking rate of $3.83 per square foot, comparing against 90-day realized lease rents averaging $2,424 per month at $3.92 per square foot across an average area of 645 square feet. Current active inventory leans toward more compact suite footprints compared to historical leases, resulting in lower nominal monthly outlays despite a higher cost per square foot. The building asking rate per square foot exceeds the broader submarket asking benchmark of $3.64 per square foot by 5.2%.
Marketing friction remains minimal given that active listings clear in an average of 6 days, while historical delisted units averaged 13 days on the market at an asking price of $2,600 per month. Tenants currently hold slight market leverage, securing an average discount of $24 per month (a 0.94% reduction) below asking across 30.8% of recent deals. Prospective tenants will find deep selection centered primarily within the 1-Bedroom + Den tier, whereas standard 1-Bedroom and 2-Bedroom layouts offer extremely scarce single-listing availability.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Edge Towers 2 as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Edge Towers 2 recently?
Edge Towers 2 carries 6 active listings as of August 31, 2026, with an asking price range between $2,250 and $2,750 per month, an average rent of $2,416 per month, and a median rent of $2,398 per month. These active suites feature an average square footage of 633 square feet and an average asking rate of $3.83 per square foot. The inventory skews heavily toward compact entry-level layouts, dominated by 1-Bedroom + Den configurations that account for two-thirds of all available options.
What floor plans and unit layouts are currently available at Edge Towers 2?
The dominant active layout at Edge Towers 2 is the 1-Bedroom + Den, accounting for 4 active listings and a 66.7% inventory share with an average asking rent of $2,336 per month across an average of 600 square feet at $3.91 per square foot. The remaining active inventory consists of a single 1-Bedroom suite representing a 16.7% share, listed at an average of $2,400 per month across 650 square feet at $3.69 per square foot. Additionally, a single 2-Bedroom suite commands a 16.7% share, asking $2,750 per month across 750 square feet at $3.67 per square foot.
What is the average asking rent and $/SF by suite size at Edge Towers 2?
Edge Towers 2 presents an asking price range from a minimum entry rent of $2,250 per month to a peak asking rent of $2,750 per month, creating a total dollar spread of $500 or 22.2%. The median asking rent across the active pool sits at $2,398 per month. The entry-level option is a 1-Bedroom + Den suite spanning 550 square feet at an asking rate of $4.09 per square foot, while the peak suite configuration is a 2-Bedroom layout offering 750 square feet at an asking rate of $3.67 per square foot.
How much extra do parking spaces and dens cost at Edge Towers 2?
Edge Towers 2 features 1-Bedroom + Den active listings asking an average of $64 less per month than standard 1-Bedroom units despite providing 50 fewer square feet of interior space. Because the den layout is smaller while asking a slightly lower nominal rent, the marginal cost per square foot for the extra den space cannot be reliably isolated. Active parking premium data is currently unreliable due to an insufficient sample size, preventing the reliable isolation of monthly parking stall costs from current listings.
How do asking rents at Edge Towers 2 compare to local and municipal benchmarks?
Edge Towers 2 commands an average asking rent of $2,416 per month at $3.83 per square foot, sitting below the broader Mississauga City Centre submarket asking average of $2,771 per month but outperforming the submarket asking rate per square foot by 5.2%. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building accounts for 2.5% of the total 242 active listings across the 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 Edge Towers 2 (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Edge Towers 2 last month, and how fast did they rent?
At Edge Towers 2, the 30-day average days on market is 25 days, compared to a 90-day average of 22 days and a submarket benchmark of 23 days. Over the tracked lifecycle, 39 total leases closed, with 33 deals completed in the 90-day window and 11 closed within the most recent 30-day period. Leasing activity demonstrated steady transactional velocity throughout the summer leasing cycle.
What is the negotiation spread between asking rents and closed lease prices at Edge Towers 2?
At Edge Towers 2, leases settled with an average tenant discount of $24 per month, representing a 0.94% reduction below asking price and delivering $288 in annual tenant savings. Approximately 30.8% of closed leases secured concessions below asking price, reflecting modest tenant-favorable leverage across the building.
What are typical executed lease prices across different layouts at Edge Towers 2?
At Edge Towers 2, 2-bedroom floor plans anchored the leasing volume with 20 closed transactions averaging $2,623 per month, a median rent of $2,575 per month, a P25-P75 range of $2,500 to $2,612 per month, an average square footage of 746 square feet, a rate of $3.53 per square foot, and an average marketing time of 27 days. 1-bedroom suites recorded 10 closed leases at an average rent of $2,128 per month, a median rent of $2,100 per month, a P25-P75 range of $2,062 to $2,182 per month, an average square footage of 470 square feet, a rate of $4.63 per square foot, and an average marketing time of 17 days. 1-bedroom plus den layouts accounted for 9 closed leases averaging $2,378 per month, a median rent of $2,350 per month, a P25-P75 range of $2,300 to $2,400 per month, an average square footage of 617 square feet, a rate of $3.89 per square foot, and a 24-day marketing period.
What measurable rent premium did suites with parking achieve in closed leases at Edge Towers 2?
At Edge Towers 2, verified parking stalls commanded an average realized lease premium of $98 per month when bundled with suite contracts. Parking spaces were typically integrated into multi-bedroom floor plans or negotiated as part of specific tenancy agreements. Active asking parking rates remained inconclusive due to insufficient paired sample data.
How does the lease-to-listing ratio at Edge Towers 2 reflect current tenant demand?
At Edge Towers 2, monthly average rents followed a stable trajectory, opening at $2,600 per month in April before settling into peak summer averages near $2,470 per month by August. April recorded 1 closed deal averaging $2,600 per month and $3.47 per square foot over 38 days on market. May registered 4 closed transactions averaging $2,488 per month and $3.88 per square foot across 30 days on market. June accelerated to 11 closed leases averaging $2,418 per month and $3.97 per square foot in 23 days. July maintained strong activity with 12 closed leases averaging $2,400 per month and $3.90 per square foot over 20 days. August closed out the summer with 11 leases averaging $2,470 per month and $3.86 per square foot across 25 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Edge Towers 2 (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Edge Towers 2, and what was their re-listing price compared to previous asking?
At Edge Towers 2, 1 unit was delisted, representing a 9.1% delisted-to-leased ratio relative to total successful transactions. This unrented listing consisted entirely of a terminated marketing campaign. This volume translates to roughly 1 pulled listing for every 11 successful lease transactions.
How do asking prices on de-listed suites compare to executed leases and active listings at Edge Towers 2?
At Edge Towers 2, unrented units asked an average of $2,600 per month, which is $130 per month higher than realized lease averages of $2,470 per month. Unrented units commanded a lower rate of $3.47 per square foot compared to $3.86 per square foot for 30-day realized leases, indicating that unrented units were overpriced relative to realized leases as prospective tenants rejected the elevated pricing expectations.
What market friction causes rental listings to stall or de-list at Edge Towers 2?
At Edge Towers 2, delisted units recorded an average of 13 days on market compared to 24 days for realized leases. Because delisted listings cleared the market faster than the leasing average, overpricing resulted in immediate listing termination rather than extended vacancy holding costs.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 6 | 2500 | 650 | 3.89 | 26 |
| 2026-04-28 | 6 | 2500 | 650 | 3.89 | 27 |
| 2026-04-29 | 6 | 2500 | 650 | 3.89 | 28 |
| 2026-04-30 | 6 | 2500 | 650 | 3.89 | 29 |
| 2026-05-01 | 7 | 2493 | 636 | 3.97 | 26 |
| 2026-05-02 | 5 | 2550 | 650 | 3.99 | 23 |
| 2026-05-03 | 6 | 2558 | 667 | 3.90 | 20 |
| 2026-05-04 | 6 | 2558 | 667 | 3.90 | 21 |
| 2026-05-05 | 5 | 2520 | 670 | 3.80 | 12 |
| 2026-05-06 | 6 | 2550 | 683 | 3.76 | 11 |
| 2026-05-07 | 6 | 2550 | 683 | 3.76 | 12 |
| 2026-05-08 | 7 | 2529 | 679 | 3.75 | 11 |
| 2026-05-09 | 8 | 2481 | 663 | 3.77 | 11 |
| 2026-05-10 | 8 | 2481 | 663 | 3.77 | 12 |
| 2026-05-11 | 8 | 2481 | 663 | 3.77 | 13 |
| 2026-05-12 | 8 | 2481 | 663 | 3.77 | 14 |
| 2026-05-13 | 8 | 2481 | 663 | 3.77 | 15 |
| 2026-05-14 | 8 | 2481 | 663 | 3.77 | 16 |
| 2026-05-15 | 7 | 2500 | 664 | 3.80 | 18 |
| 2026-05-16 | 8 | 2522 | 675 | 3.77 | 16 |
| 2026-05-17 | 8 | 2522 | 675 | 3.77 | 17 |
| 2026-05-18 | 8 | 2522 | 675 | 3.77 | 18 |
| 2026-05-19 | 8 | 2522 | 675 | 3.77 | 19 |
| 2026-05-20 | 9 | 2475 | 661 | 3.77 | 18 |
| 2026-05-21 | 9 | 2475 | 661 | 3.77 | 19 |
| 2026-05-22 | 9 | 2475 | 661 | 3.77 | 20 |
| 2026-05-23 | 9 | 2475 | 661 | 3.77 | 21 |
| 2026-05-24 | 9 | 2475 | 661 | 3.77 | 22 |
| 2026-05-25 | 10 | 2477 | 660 | 3.78 | 21 |
| 2026-05-26 | 10 | 2477 | 660 | 3.78 | 22 |
| 2026-05-27 | 11 | 2470 | 659 | 3.77 | 21 |
| 2026-05-28 | 11 | 2470 | 659 | 3.77 | 22 |
| 2026-05-29 | 11 | 2470 | 659 | 3.77 | 23 |
| 2026-05-30 | 11 | 2470 | 659 | 3.77 | 24 |
| 2026-05-31 | 11 | 2470 | 659 | 3.77 | 25 |
| 2026-06-01 | 11 | 2470 | 659 | 3.77 | 23 |
| 2026-06-02 | 12 | 2435 | 638 | 3.88 | 22 |
| 2026-06-03 | 12 | 2410 | 617 | 4.02 | 20 |
| 2026-06-04 | 11 | 2384 | 605 | 4.06 | 22 |
| 2026-06-05 | 9 | 2447 | 633 | 3.96 | 25 |
| 2026-06-06 | 8 | 2419 | 619 | 4.01 | 27 |
| 2026-06-07 | 8 | 2419 | 619 | 4.01 | 28 |
| 2026-06-08 | 8 | 2419 | 619 | 4.01 | 29 |
| 2026-06-09 | 7 | 2393 | 600 | 4.09 | 29 |
| 2026-06-10 | 7 | 2393 | 600 | 4.09 | 30 |
| 2026-06-11 | 7 | 2393 | 600 | 4.09 | 31 |
| 2026-06-12 | 7 | 2393 | 600 | 4.09 | 32 |
| 2026-06-13 | 7 | 2393 | 600 | 4.09 | 33 |
| 2026-06-14 | 7 | 2393 | 600 | 4.09 | 34 |
| 2026-06-15 | 6 | 2450 | 667 | 3.69 | 31 |
| 2026-06-16 | 6 | 2450 | 667 | 3.69 | 32 |
| 2026-06-17 | 4 | 2450 | 675 | 3.64 | 34 |
| 2026-06-18 | 4 | 2450 | 675 | 3.64 | 35 |
| 2026-06-19 | 5 | 2490 | 690 | 3.62 | 29 |
| 2026-06-20 | 5 | 2490 | 690 | 3.62 | 30 |
| 2026-06-21 | 5 | 2490 | 690 | 3.62 | 31 |
| 2026-06-22 | 5 | 2490 | 690 | 3.62 | 32 |
| 2026-06-23 | 6 | 2417 | 667 | 3.64 | 27 |
| 2026-06-24 | 6 | 2417 | 667 | 3.64 | 28 |
| 2026-06-25 | 5 | 2380 | 650 | 3.67 | 33 |
| 2026-06-26 | 5 | 2380 | 650 | 3.67 | 34 |
| 2026-06-27 | 5 | 2380 | 650 | 3.67 | 35 |
| 2026-06-28 | 6 | 2408 | 667 | 3.63 | 30 |
| 2026-06-29 | 7 | 2407 | 664 | 3.64 | 27 |
| 2026-06-30 | 7 | 2343 | 614 | 3.93 | 14 |
| 2026-07-01 | 7 | 2343 | 614 | 3.93 | 15 |
| 2026-07-02 | 6 | 2383 | 625 | 3.95 | 11 |
| 2026-07-03 | 6 | 2483 | 658 | 3.91 | 11 |
| 2026-07-04 | 8 | 2513 | 669 | 3.86 | 9 |
| 2026-07-05 | 9 | 2528 | 675 | 3.84 | 9 |
| 2026-07-06 | 9 | 2528 | 675 | 3.84 | 10 |
| 2026-07-07 | 10 | 2540 | 682 | 3.81 | 10 |
| 2026-07-08 | 12 | 2629 | 718 | 3.75 | 9 |
| 2026-07-09 | 14 | 2589 | 706 | 3.75 | 8 |
| 2026-07-10 | 14 | 2589 | 706 | 3.75 | 9 |
| 2026-07-11 | 14 | 2589 | 706 | 3.75 | 10 |
| 2026-07-12 | 14 | 2589 | 706 | 3.75 | 11 |
| 2026-07-13 | 15 | 2552 | 683 | 3.85 | 11 |
| 2026-07-14 | 16 | 2548 | 687 | 3.82 | 12 |
| 2026-07-15 | 18 | 2507 | 663 | 3.92 | 11 |
| 2026-07-16 | 17 | 2534 | 679 | 3.84 | 13 |
| 2026-07-17 | 17 | 2534 | 679 | 3.84 | 14 |
| 2026-07-18 | 15 | 2525 | 669 | 3.89 | 15 |
| 2026-07-19 | 15 | 2525 | 669 | 3.89 | 16 |
| 2026-07-20 | 15 | 2525 | 669 | 3.89 | 17 |
| 2026-07-21 | 14 | 2509 | 655 | 3.97 | 16 |
| 2026-07-22 | 14 | 2509 | 655 | 3.97 | 17 |
| 2026-07-23 | 14 | 2523 | 662 | 3.95 | 17 |
| 2026-07-24 | 14 | 2527 | 680 | 3.80 | 16 |
| 2026-07-25 | 13 | 2523 | 678 | 3.81 | 17 |
| 2026-07-26 | 13 | 2523 | 678 | 3.81 | 18 |
| 2026-07-27 | 12 | 2512 | 674 | 3.82 | 19 |
| 2026-07-28 | 12 | 2512 | 674 | 3.82 | 20 |
| 2026-07-29 | 11 | 2527 | 677 | 3.84 | 21 |
| 2026-07-30 | 10 | 2540 | 679 | 3.85 | 18 |
| 2026-07-31 | 10 | 2540 | 679 | 3.85 | 19 |
| 2026-08-01 | 10 | 2540 | 679 | 3.85 | 20 |
| 2026-08-02 | 10 | 2540 | 679 | 3.85 | 21 |
| 2026-08-03 | 10 | 2540 | 679 | 3.85 | 22 |
| 2026-08-04 | 9 | 2544 | 674 | 3.89 | 22 |
| 2026-08-05 | 6 | 2592 | 674 | 4.00 | 23 |
| 2026-08-06 | 6 | 2592 | 674 | 4.00 | 24 |
| 2026-08-07 | 5 | 2410 | 600 | 4.13 | 24 |
| 2026-08-08 | 4 | 2450 | 613 | 4.14 | 25 |
| 2026-08-09 | 4 | 2450 | 613 | 4.14 | 26 |
| 2026-08-10 | 3 | 2500 | 633 | 4.13 | 34 |
| 2026-08-11 | 2 | 2725 | 750 | 3.63 | 46 |
| 2026-08-12 | 2 | 2725 | 750 | 3.63 | 47 |
| 2026-08-13 | 2 | 2725 | 750 | 3.63 | 48 |
| 2026-08-14 | 2 | 2725 | 750 | 3.63 | 49 |
| 2026-08-15 | 2 | 2725 | 750 | 3.63 | 50 |
| 2026-08-16 | 1 | 2800 | 750 | 3.73 | 43 |
| 2026-08-17 | 1 | 2800 | 750 | 3.73 | 44 |
| 2026-08-18 | 1 | 2800 | 750 | 3.73 | 45 |
| 2026-08-19 | 1 | 2800 | 750 | 3.73 | 46 |
| 2026-08-20 | 2 | 2600 | 700 | 3.71 | 24 |
| 2026-08-21 | 3 | 2532 | 683 | 3.70 | 16 |
| 2026-08-22 | 5 | 2469 | 670 | 3.68 | 10 |
| 2026-08-23 | 5 | 2469 | 670 | 3.68 | 11 |
| 2026-08-24 | 3 | 2398 | 650 | 3.69 | 3 |
| 2026-08-25 | 3 | 2398 | 650 | 3.69 | 4 |
| 2026-08-26 | 4 | 2374 | 625 | 3.81 | 4 |
| 2026-08-27 | 4 | 2374 | 625 | 3.81 | 5 |
| 2026-08-28 | 5 | 2349 | 610 | 3.87 | 5 |
| 2026-08-29 | 5 | 2349 | 610 | 3.87 | 6 |
| 2026-08-30 | 5 | 2349 | 610 | 3.87 | 7 |
| 2026-08-31 | 6 | 2416 | 633 | 3.83 | 6 |
12-Month Market Dynamics & Trend Trajectory
Edge Towers 2 has established a robust leasing history featuring 39 total closed transactions across the building's operational timeline. Realized lease rents averaged $2,439 per month at a rate of $3.89 per square foot, with an average suite size of 645 square feet and a standard marketing duration of 24 days. Pricing discipline at the property favored tenants slightly, with 30.8% of transactions closing below initial asking rents. Tenants secured an average discount of $24 per month, representing a 0.94% reduction from asking prices and yielding $288 in annual savings. These concessions highlight minor pricing flexibility among landlords during the leasing cycle.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 1 | 2500 | 650 | 3.85 | 39 |
| 2026-05-03 | 2 | 2550 | 650 | 4.03 | 36 |
| 2026-05-10 | 1 | 2350 | 650 | 3.62 | 10 |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 6 | 2392 | 642 | 3.84 | 21 |
| 2026-06-07 | 1 | 2550 | 750 | 3.40 | 37 |
| 2026-06-14 | 3 | 2367 | 533 | 4.57 | 27 |
| 2026-06-21 | 1 | 2600 | 750 | 3.47 | 10 |
| 2026-06-28 | 1 | 2050 | 550 | 3.73 | 10 |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 2 | 2600 | 750 | 3.47 | 12 |
| 2026-07-19 | 5 | 2435 | 630 | 4.00 | 19 |
| 2026-07-26 | 4 | 2345 | 605 | 4.02 | 26 |
| 2026-08-02 | 6 | 2525 | 691 | 3.74 | 24 |
| 2026-08-09 | 2 | 2150 | 475 | 4.61 | 10 |
| 2026-08-16 | 1 | 2575 | 750 | 3.43 | 58 |
| 2026-08-23 | 2 | 2575 | 700 | 3.67 | 27 |
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Edge Towers 2.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Media & Theatre Room
- Party & Lounge Room
- Games & Billiards Room
- Rooftop Terrace
- BBQ Area
- Children's Playground - Outdoor
- Business Centre
- Sauna & Steam Room
Residential Buildings in the Vicinity
- Edge Towers I31 m
- No. 1 City Centre II81 m
- Eden Park102 m
- The Towne II104 m
- No. 1 City Centre I104 m
- Eve112 m
- Elle Condominiums135 m
- Obelisk I192 m
- The Tiara208 m
- The Towne I252 m
- Wide Suites Condominium318 m
- Enfield Place II339 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Edge Towers 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.