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Market Data as of August 31, 2026

Oakvillage - Tower 2 — Rental Market Data

335 Wheat Boom Dr, Oakville, Ontario L6H 7Y1
Quick Rent Estimate
Active Suites7 Available
Type
Units
Avg Rent
1-Bedroom + Den
4
$2,394
1-Bedroom
2
$2,175
2-Bedroom
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2024
Total Suites259
DeveloperMinto Communities

Oakvillage - Tower 2, located at 335 Wheat Boom Dr in the Oakville North submarket, is a 259-suite residential development completed in 2024 by Minto Communities. The established residential building currently maintains an active inventory of 7 suites, yielding an availability rate of 2.70 percent alongside a recent leasing volume of 18 transactions over the past 90 days with an average days on market of 27, and 5 transactions over the past 30 days with an average days on market of 47.

Active asking rents average $2,361 per month at $3.83 per square foot across an average footprint of 621 square feet, compared to realized 90-day leases averaging $2,410 per month at $3.40 per square foot across an average footprint of 727 square feet. Current active listings feature smaller layouts than historical leases, pushing the active rate per square foot 5.80 percent above the submarket asking benchmark of $3.62 per square foot.

Marketing friction remains low, evidenced by a closed days on market average of 24 days compared to 22 days for delisted properties, while tenant negotiations successfully secure discounts averaging $46 per month below asking (a 1.80 percent discount). Prospective tenants will find the deepest inventory concentrated within the 1-Bedroom + Den layout tier, whereas 2-Bedroom suites offer only a single active listing.

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Active Rental Inventory & Asking Rates

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

Active Units7
0
Avg Asking Rent$2,361
-$182 (7.2%)
Avg Suite Size621 sf
-117 sf (15.8%)
Avg Days on Market17d
-11d (38.7%)
Avg Asking $/SF$3.83
+$0.35 (9.9%)

Active Market Insights & Questions

How has rental availability changed at Oakvillage - Tower 2 recently?

Oakvillage - Tower 2 features 7 active listings as of August 31, 2026, with an asking price range spanning $2,150 to $2,600 per month, an average rent of $2,361 per month, and a median rent of $2,400 per month. Average suite sizing across current inventory stands at 621 square feet, commanding an asking rate of $3.83 per square foot. The 1-Bedroom + Den configuration dominates the available pool with a 57.10 percent share, indicating that current inventory leans primarily toward functional multi-room layouts rather than compact entry-level units.

What floor plans and unit layouts are currently available at Oakvillage - Tower 2?

The 1-Bedroom + Den configuration is the dominant active layout at Oakvillage - Tower 2, accounting for 4 listings and a 57.10 percent inventory share with an average rent of $2,394 per month across 650 square feet at $3.73 per square foot. The 1-Bedroom tier provides 2 listings representing a 28.60 percent share, averaging $2,175 per month across 550 square feet at $3.95 per square foot. Meanwhile, the 2-Bedroom tier offers a single active listing representing a 14.30 percent share, asking $2,600 per month across 650 square feet at $4.00 per square foot.

What is the average asking rent and $/SF by suite size at Oakvillage - Tower 2?

Oakvillage - Tower 2 presents a minimum entry rent of $2,150 per month and a peak asking rent of $2,600 per month, creating a dollar spread of $450 and a percentage spread of 20.90 percent. Median asking rent across the building sits at $2,400 per month. The entry-level option consists of a 1-Bedroom suite spanning 550 square feet at an asking rate of $3.91 per square foot, while the peak tier is anchored by a 2-Bedroom suite spanning 650 square feet at an asking rate of $4.00 per square foot.

How much extra do parking spaces and dens cost at Oakvillage - Tower 2?

Oakvillage - Tower 2 commands an active den premium of $219 per month for a square footage delta of 100 square feet. This additional den space incurs a marginal cost of $2.19 per square foot. Active parking premium data cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Oakvillage - Tower 2 compare to local and municipal benchmarks?

Oakvillage - Tower 2 asks an average rent of $2,361 per month at $3.83 per square foot, comparing favorably to the Oakville North submarket asking benchmarks of $2,581 per month and $3.62 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 5.80 percent above the submarket asking benchmark, while capturing a modest 8.64 percent share of the 81 total active listings across the broader 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 Oakvillage - Tower 2 (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,500
Avg Leased Size727 sf
Avg Days to Lease47d
Leased $/SF$3.25

Leased Transaction Insights & Questions

How many suites were leased at Oakvillage - Tower 2 last month, and how fast did they rent?

Oakvillage - Tower 2 recorded a 30-day days on market average of 47 days, a 90-day days on market average of 27 days, and a submarket benchmark days on market average of 24 days. Closed lease counts tracked 5 units in the 30-day window, 18 units across the 90-day window, and 22 total lifetime units, showing that leasing turnover moderated as late-summer marketing times lengthened.

What is the negotiation spread between asking rents and closed lease prices at Oakvillage - Tower 2?

Oakvillage - Tower 2 realized an average tenant discount of $46 per month, representing a 1.8% variance below asking price and annual tenant savings of $552 per year. Approximately 40.9% of leases closed under asking, reflecting measurable tenant pricing leverage in the building.

What are typical executed lease prices across different layouts at Oakvillage - Tower 2?

Oakvillage - Tower 2 anchor leasing volume concentrated in the 1-Bedroom + Den and 2-Bedroom tiers, which averaged $2,298 per month over 30 days of marketing and $2,671 per month over 16 days of marketing, respectively. The 1-Bedroom + Den tier achieved a robust sample of 12 closed leases with an average rent of $2,298 per month, a median rent of $2,300 per month, a P25 to P75 range of $2,269 to $2,300 per month, an average size of 674 square feet, a rate of $3.42 per square foot, and an average days on market of 30 days. The 2-Bedroom tier delivered a moderate sample of 7 closed leases with an average rent of $2,671 per month, a median rent of $2,700 per month, a P25 to P75 range of $2,675 to $2,750 per month, an average size of 823 square feet, a rate of $3.28 per square foot, and an average days on market of 16 days. The 1-Bedroom tier recorded a small sample of 2 closed leases with an average rent of $2,225 per month, a median rent of $2,225 per month, a P25 to P75 range of $2,212 to $2,238 per month, an average size of 600 square feet, a rate of $3.73 per square foot, and 21 days on market. The 2-Bedroom + Den tier represented an individual single deal of 1 closed lease with an average rent of $2,850 per month, a median rent of $2,850 per month, a P25 to P75 range of $2,850 to $2,850 per month, an average size of 950 square feet, a rate of $3.00 per square foot, and 27 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 Oakvillage - Tower 2?

Oakvillage - Tower 2 parking data indicates insufficient paired data to isolate a distinct monthly premium. Suite bundling patterns varied across floor plans without separate line-item disclosures. Active asking rates similarly lacked sufficient paired samples to establish a reliable baseline.

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

Oakvillage - Tower 2 experienced an overall rent trajectory starting at $2,300 per month in April and peaking mid-summer before settling at $2,500 per month in August. April recorded 1 closed deal averaging $2,300 per month at $3.54 per square foot over 15 days on market. May saw 3 closed deals averaging $2,633 per month at $3.26 per square foot over 15 days on market. June registered 2 closed deals averaging $2,263 per month at $3.48 per square foot over 27 days on market. July delivered 11 closed deals averaging $2,395 per month at $3.45 per square foot over 17 days on market. August closed 5 deals averaging $2,500 per month at $3.25 per square foot over 47 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units3
Avg Asking Price$2,400
Avg Suite Size650 sf
Avg Days on Market22d
Delisted $/SF$3.72

De-Listed Market Analysis & Questions

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

Oakvillage - Tower 2 recorded 3 total delisted units, yielding a delisted-to-leased ratio of 60% with all 3 listings categorized as terminated, 0 expired, and 0 suspended. This structure reflects 1 listing pulled for every 1.67 successful leases.

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

Oakvillage - Tower 2 unrented units asked an average of $2,400 per month, reflecting a nominal dollar spread of $100 per month below realized lease averages and a rate-per-square-foot gap of $3.72 per square foot versus $3.38 per square foot. Unrented units asked a lower nominal price because they were concentrated in smaller floor plans, but commanded a higher rate per square foot, demonstrating that prospective tenants rejected high density rate pricing.

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

Oakvillage - Tower 2 delisted units recorded an average of 22 days on market compared to 24 days on market for realized leases. Because delisted units marketed slightly faster than the portfolio average, excess carrying costs were negligible.

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)
2026-04-27326507503.5638
2026-04-28326507503.5639
2026-04-29223756503.6533
2026-04-30425137253.5117
2026-05-01425137253.5118
2026-05-02425137253.5119
2026-05-03425137253.5120
2026-05-04425137253.5121
2026-05-05525707503.4718
2026-05-06625337333.495
2026-05-07725007213.505
2026-05-08725007213.506
2026-05-09725007213.507
2026-05-10725007213.508
2026-05-11825377383.478
2026-05-12724867073.538
2026-05-13724867073.539
2026-05-14724867073.5310
2026-05-15724867073.5311
2026-05-16724867073.5312
2026-05-17724867073.5313
2026-05-18724867073.5314
2026-05-19724867073.5315
2026-05-20724867073.5316
2026-05-21624336833.5718
2026-05-22524606903.5819
2026-05-23524606903.5820
2026-05-24524606903.5821
2026-05-25524606903.5822
2026-05-26524606903.5823
2026-05-27625177333.4820
2026-05-28625177333.4821
2026-05-29725437363.4919
2026-05-30725437363.4920
2026-05-31725437363.4921
2026-06-01725437363.4922
2026-06-02725437363.4923
2026-06-03825247253.5221
2026-06-04825247253.5222
2026-06-05825247253.5223
2026-06-06825247253.5224
2026-06-07825247253.5225
2026-06-08825247253.5226
2026-06-09825247253.5227
2026-06-10625657503.4623
2026-06-11725207363.4621
2026-06-12725207363.4622
2026-06-13725207363.4623
2026-06-14725207363.4624
2026-06-15725207363.4625
2026-06-16725207363.4626
2026-06-17725207363.4627
2026-06-18725207363.4628
2026-06-19725207363.4629
2026-06-20725207363.4630
2026-06-21824867353.4127
2026-06-22824867353.4128
2026-06-23824867353.4129
2026-06-24824867353.4130
2026-06-25924607263.4227
2026-06-261124587123.4823
2026-06-271124587123.4824
2026-06-281124587123.4825
2026-06-291024747193.4724
2026-06-30924997263.4725
2026-07-01924997263.4726
2026-07-021024797213.4824
2026-07-031024797213.4825
2026-07-041024797213.4826
2026-07-05924897293.4626
2026-07-06825197293.5129
2026-07-07825197293.5130
2026-07-08825197293.5131
2026-07-09724366963.5326
2026-07-10924787293.4421
2026-07-111024957313.4520
2026-07-121024957313.4521
2026-07-131124597243.4314
2026-07-141124597243.4315
2026-07-151024757313.4217
2026-07-161024757313.4218
2026-07-17924557183.4621
2026-07-18924557183.4622
2026-07-19924557183.4623
2026-07-201024307013.5122
2026-07-211024307013.5123
2026-07-22924006963.5020
2026-07-23924006963.5021
2026-07-241024307013.5120
2026-07-251024307013.5121
2026-07-261024307013.5122
2026-07-27924557183.4623
2026-07-28924557183.4624
2026-07-29924557183.4625
2026-07-30624757353.4231
2026-07-31725437383.4928
2026-08-01725437383.4929
2026-08-02725437383.4930
2026-08-03725437383.4931
2026-08-04925067193.5225
2026-08-05925067193.5226
2026-08-06924446853.5824
2026-08-07824506793.6224
2026-08-08724646833.6328
2026-08-09724646833.6329
2026-08-10824566923.5727
2026-08-11824566923.5728
2026-08-12924726873.6225
2026-08-13824506793.6326
2026-08-14724576833.6215
2026-08-15724576833.6216
2026-08-16724576833.6217
2026-08-17724576833.6218
2026-08-18625007063.5618
2026-08-19625007063.5619
2026-08-20724506833.6117
2026-08-21824196673.6616
2026-08-22724296513.7512
2026-08-23724296513.7513
2026-08-24623426333.7212
2026-08-25723616213.8311
2026-08-26723616213.8312
2026-08-27723616213.8313
2026-08-28723616213.8314
2026-08-29723616213.8315
2026-08-30723616213.8316
2026-08-31723616213.8317

12-Month Market Dynamics & Trend Trajectory

Oakvillage - Tower 2 has established a cumulative leasing history of 22 total transactions with an average monthly rent of $2,435, an average rate of $3.38 per square foot, an average suite size of 727 square feet, and a lifetime days on market average of 24 days. Tenant turnover velocity has remained steady as the building transitions through its completion lifecycle in the Oakville North submarket. Pricing discipline in the building reflects modest tenant leverage, where 40.9% of transactions closed below asking price. Leases settled with an average discount of $46 per month, yielding an average negotiation delta of 1.8% below initial asking figures.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
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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)
2026-05-10129009503.0512
2026-05-17225007503.3616
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07122756503.5035
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28222506503.4613
2026-07-05424257453.3026
2026-07-12224757503.335
2026-07-190N/AN/AN/AN/A
2026-07-26423636503.6517
2026-08-02225758433.0628
2026-08-09123006503.54106
2026-08-16123007752.9751
2026-08-23127507583.6324

Nearby Building Rental Comparables & Price Spreads

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

Oakvillage - Tower 2 is evaluated alongside key nearby competitors in Oakville North, including Oakvillage at 345 Wheat Boom Dr (0.09 kilometers away, completed in 2023 with 22 active listings over 180 days), North Oak - Tower 4A at 3079 Trafalgar Rd (0.10 kilometers away, completed in 2025 with 7 active listings), Minto Oak Village at 349 Wheat Boom Drive (0.10 kilometers away, completed in 2023 with 0 active listings), and North Oak - Tower 4B at 3071 Trafalgar Rd (0.15 kilometers away, completed in 2025 with 5 active listings). These properties represent modern multi-phase master-planned residential communities built between 2023 and 2025. Across the immediate micro-market, the overall comparable benchmark sits at an average rent of $2,437 per month, an average rate of $3.30 per square foot, and an average suite size of 751 square feet. Oakvillage - Tower 2 positions itself competitively within this peer group, balancing its 2024 completion timeline against slightly older 2023 builds and newer 2025 towers while maintaining efficient suite dimensions and market-aligned lease economics.

345 Wheat Boom Dr, Oakville

Avg Asking$2,368/mo
Avg $/SF$3.23
Rent Spread:
+$7/mo (+0.3%) Higher

349 Wheat Boom Drive, Oakville

Avg Asking$2,800/mo
Avg $/SF$2.55
Rent Spread:
+$439/mo (+18.6%) Higher

3079 Trafalgar Rd, Oakville

Avg Asking$2,407/mo
Avg $/SF$3.64
Rent Spread:
+$46/mo (+2.0%) Higher

3071 Trafalgar Rd, Oakville

Avg Asking$2,490/mo
Avg $/SF$3.17
Rent Spread:
+$129/mo (+5.5%) Higher

3200 William Coltson Ave, Oakville

Avg Asking$2,421/mo
Avg $/SF$3.52
Rent Spread:
+$60/mo (+2.5%) Higher

3220 William Coltson Ave, Oakville

Avg Asking$2,346/mo
Avg $/SF$3.75
Rent Spread:
-$15/mo (-0.6%) Lower

Comparable Analysis & Questions

How do rental rates at Oakvillage - Tower 2 compare to neighbouring buildings within Oakville North?

Oakvillage - Tower 2 achieves an average lease rent of $2,435 per month, closely aligning with the overall competitive benchmark average of $2,437 per month across neighboring properties such as Oakvillage and North Oak. Oakvillage (345 Wheat Boom Dr) reports an average lease rent of $2,385 per month at $3.17 per square foot across an average of 764 square feet. North Oak - Tower 4A (3079 Trafalgar Rd) records an average lease rent of $2,436 per month at $3.57 per square foot across 689 square feet. North Oak - Tower 4B (3071 Trafalgar Rd) posts an average lease rent of $2,490 per month at $3.17 per square foot across an average of 800 square feet. Minto Oak Village (349 Wheat Boom Drive) shows zero recent lease transactions over the 180-day tracking period.

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

Oakvillage - Tower 2 delivers a compelling value proposition by offering modern suite efficiency and contemporary finishes that balance favorable monthly rent commitments against submarket benchmarks. Renters evaluating the building weigh trade-offs such as modern layout configurations and updated building systems against older or larger competitive footprints like North Oak - Tower 4B, which averages 800 square feet at $3.17 per square foot, or North Oak - Tower 4A, which commands $3.57 per square foot across 689 square feet. By maintaining competitive pricing per square foot relative to newly minted 2025 alternatives, Oakvillage - Tower 2 provides balanced square footage without incurring the premium pricing found in select adjacent phases.

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

Oakvillage - Tower 2 provides a robust lifestyle and amenity package that matches or exceeds the offerings found across the surrounding master-planned community. Residents enjoy signature amenities including a dedicated Yoga Studio, a Sauna & Steam Room, Secure Parcel Lockers, and a Rooftop Terrace with Fire Pits, which rival specialized wellness and social spaces found at neighboring properties like Oakvillage and North Oak - Tower 4B. While competing buildings feature standard perks such as fitness centres and pet wash stations, Oakvillage - Tower 2 integrates a comprehensive suite of remote-work and entertainment spaces—including a Business Centre and a Games & Billiards Room—making it exceptionally well-suited for professionals and small families seeking an all-inclusive residential experience.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Oakvillage - Tower 2.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Games & Billiards Room
  • Media & Theatre Room
  • BBQ Area
  • Rooftop Terrace
  • Fire Pits
  • Secure Parcel Lockers

Data Methodology & Analytical Standards

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

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.