Market Data as of August 31, 2026
Mirage — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Mirage at 339 Rathburn Rd W in Mississauga City Centre is a 352-suite residential tower completed in 2017 by Conservatory Group, and as of August 31, 2026, the building is fully occupied with zero units currently listed for rent. Over the trailing 30 days, four leases closed at an average of $2,600 per month with a 45-day average time on market, while the broader 90-day cohort shows ten closed leases averaging $2,540 per month and a 38-day average DOM. Across all thirteen tracked transactions in the building's history, the average realized rent sits at $2,554 per month on roughly 765 square feet of space, with a 41-day average DOM.
Because no active listings exist, current asking rents and per-square-foot rates cannot be calculated for Mirage. The realized 90-day lease rate of $3.42 per square foot undercuts the Mississauga City Centre submarket asking benchmark of $3.64 per square foot by approximately 6 percent, and the all-time average of $3.37 per square foot trails the submarket realized benchmark of $3.55 per square foot by 3.7 percent. Historical leases in this building have centered on 1-Bedroom + Den layouts at 38.5 percent share, with the typical suite footprint hovering near 765 square feet, placing Mirage in the mid-range density tier for the submarket.
Marketing friction at Mirage is effectively nonexistent given zero active listings and zero delisted units, though the 45-day average DOM on recent 30-day leases exceeds the submarket benchmark of 23 days, suggesting that when units do become available, leasing velocity lags the broader City Centre market. Tenants who have negotiated in this building have secured an average discount of $31 per month, or 0.96 percent below asking, with 61.5 percent of tracked leases closing under the initial ask, translating to roughly $372 in annual savings. Renter options at Mirage are currently unavailable; prospective tenants should monitor the Mississauga City Centre submarket, which holds 242 active listings as of the reporting date, and reference Mirage's historical lease benchmarks when comparable units surface.
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Last Realized Lease
Transaction metrics for the most recently leased suite
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 Mirage (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Mirage last month, and how fast did they rent?
Mirage at 339 Rathburn Rd W closed 4 leases in the trailing 30 days with an average DOM of 45, compared to a submarket benchmark of 23 days. Over the 90-day window, 10 leases closed at an average DOM of 38, and the full 13-lease record spans the trailing year with a lifetime average DOM of 41. Leasing turnover accelerated from 1 deal in April to 4 deals each in July and August, indicating a clear pickup in absorption cadence through late summer rather than a pause or moderation.
What is the negotiation spread between asking rents and closed lease prices at Mirage?
Mirage tenants negotiated an average discount of $31 per month (0.96% below asking), translating to $372 in annual savings per unit across the 13 tracked leases. 61.5% of all closed leases settled below the listed asking price, confirming consistent tenant leverage and landlord concession in this submarket. This pattern reflects a buyer's-market dynamic where landlords absorbed modest pushback on price to close deals rather than hold out for full asking.
What are typical executed lease prices across different layouts at Mirage?
The 1-Bedroom + Den layout anchors Mirage's lease volume with 5 closed leases averaging $2,300 per month and a 14-day DOM, while the 2-Bedroom tier follows with 4 leases at an average of $2,750 per month and a 70-day DOM. The 1-Bedroom + Den tier (moderate sample of 5) shows a median of $2,250, a P25–P75 range of $2,250 to $2,400, an average suite size of 650 square feet at $3.54 per square foot. The 2-Bedroom tier (limited sample of 4, directional indicator only) records a median of $2,750, a P25–P75 range of $2,688 to $2,812, an average size of 825 square feet at $3.36 per square foot. The 2-Bedroom + Den tier (limited sample of 3, directional indicator only) averages $2,833 per month with a median of $2,850, a P25–P75 range of $2,800 to $2,875, an average size of 917 square feet at $3.10 per square foot, and a 51-day DOM. The single 1-Bedroom lease at $2,200 per month represents an individual transaction, not a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Mirage?
Mirage's realized leased parking premium is inconclusive due to insufficient paired data linking specific parking assignments to individual lease files. No verified parking surcharge can be isolated from the 13 tracked leases, and active asking parking rates are similarly unreliable given the current zero-active-listing inventory. Tenants should confirm whether parking is bundled into the base rent or billed separately before signing, as the platform cannot validate a standalone monthly parking figure for this building.
How does the lease-to-listing ratio at Mirage reflect current tenant demand?
Mirage's monthly lease trajectory across spring through late summer 2026 shows a volatile but ultimately recovering rent path, moving from $2,200 in April to $2,600 in August. April recorded 1 closed deal at $2,200 per month ($3.38 per square foot, 35-day DOM). May saw 1 deal at $2,850 per month ($3.35 per square foot, 21-day DOM). June closed 3 deals averaging $2,767 per month at $3.16 per square foot with a 63-day DOM. July brought 4 deals at $2,363 per month but a higher rate of $3.50 per square foot and a 28-day DOM; the nominal rent drop reflects compact suite footprints rather than property devaluation. August closed 4 deals at $2,600 per month ($3.40 per square foot, 45-day DOM), marking a partial recovery in nominal pricing as larger suites re-entered the mix.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 2698 | 810 | 3.37 | 26 |
| 2026-04-28 | 5 | 2698 | 810 | 3.37 | 27 |
| 2026-04-29 | 5 | 2698 | 810 | 3.37 | 28 |
| 2026-04-30 | 4 | 2810 | 850 | 3.34 | 28 |
| 2026-05-01 | 4 | 2810 | 850 | 3.34 | 29 |
| 2026-05-02 | 4 | 2810 | 850 | 3.34 | 30 |
| 2026-05-03 | 4 | 2810 | 850 | 3.34 | 31 |
| 2026-05-04 | 4 | 2810 | 850 | 3.34 | 32 |
| 2026-05-05 | 4 | 2810 | 850 | 3.34 | 33 |
| 2026-05-06 | 5 | 2828 | 850 | 3.36 | 27 |
| 2026-05-07 | 5 | 2828 | 850 | 3.36 | 28 |
| 2026-05-08 | 5 | 2828 | 850 | 3.36 | 29 |
| 2026-05-09 | 5 | 2828 | 850 | 3.36 | 30 |
| 2026-05-10 | 4 | 2835 | 875 | 3.26 | 31 |
| 2026-05-11 | 5 | 2808 | 850 | 3.33 | 25 |
| 2026-05-12 | 5 | 2808 | 850 | 3.33 | 26 |
| 2026-05-13 | 5 | 2808 | 850 | 3.33 | 27 |
| 2026-05-14 | 5 | 2808 | 850 | 3.33 | 28 |
| 2026-05-15 | 5 | 2808 | 850 | 3.33 | 29 |
| 2026-05-16 | 5 | 2808 | 850 | 3.33 | 30 |
| 2026-05-17 | 5 | 2808 | 850 | 3.33 | 31 |
| 2026-05-18 | 5 | 2808 | 850 | 3.33 | 32 |
| 2026-05-19 | 5 | 2808 | 850 | 3.33 | 33 |
| 2026-05-20 | 5 | 2808 | 850 | 3.33 | 34 |
| 2026-05-21 | 5 | 2808 | 850 | 3.33 | 35 |
| 2026-05-22 | 5 | 2808 | 850 | 3.33 | 36 |
| 2026-05-23 | 5 | 2808 | 850 | 3.33 | 37 |
| 2026-05-24 | 5 | 2808 | 850 | 3.33 | 38 |
| 2026-05-25 | 5 | 2808 | 850 | 3.33 | 39 |
| 2026-05-26 | 5 | 2808 | 850 | 3.33 | 40 |
| 2026-05-27 | 4 | 2785 | 850 | 3.31 | 46 |
| 2026-05-28 | 5 | 2808 | 870 | 3.26 | 38 |
| 2026-05-29 | 5 | 2808 | 870 | 3.26 | 39 |
| 2026-05-30 | 5 | 2808 | 870 | 3.26 | 40 |
| 2026-05-31 | 5 | 2808 | 870 | 3.26 | 41 |
| 2026-06-01 | 4 | 2785 | 850 | 3.31 | 27 |
| 2026-06-02 | 4 | 2785 | 850 | 3.31 | 28 |
| 2026-06-03 | 4 | 2785 | 850 | 3.31 | 29 |
| 2026-06-04 | 4 | 2785 | 850 | 3.31 | 30 |
| 2026-06-05 | 4 | 2785 | 850 | 3.31 | 31 |
| 2026-06-06 | 4 | 2785 | 850 | 3.31 | 32 |
| 2026-06-07 | 4 | 2785 | 850 | 3.31 | 33 |
| 2026-06-08 | 4 | 2785 | 850 | 3.31 | 34 |
| 2026-06-09 | 4 | 2785 | 850 | 3.31 | 35 |
| 2026-06-10 | 4 | 2785 | 850 | 3.31 | 36 |
| 2026-06-11 | 4 | 2785 | 850 | 3.31 | 37 |
| 2026-06-12 | 4 | 2785 | 850 | 3.31 | 38 |
| 2026-06-13 | 4 | 2785 | 850 | 3.31 | 39 |
| 2026-06-14 | 4 | 2785 | 850 | 3.31 | 40 |
| 2026-06-15 | 4 | 2785 | 850 | 3.31 | 41 |
| 2026-06-16 | 4 | 2785 | 850 | 3.31 | 42 |
| 2026-06-17 | 4 | 2785 | 850 | 3.31 | 43 |
| 2026-06-18 | 3 | 2817 | 883 | 3.22 | 39 |
| 2026-06-19 | 3 | 2817 | 883 | 3.22 | 40 |
| 2026-06-20 | 3 | 2817 | 883 | 3.22 | 41 |
| 2026-06-21 | 3 | 2817 | 883 | 3.22 | 42 |
| 2026-06-22 | 3 | 2817 | 883 | 3.22 | 43 |
| 2026-06-23 | 3 | 2817 | 883 | 3.22 | 44 |
| 2026-06-24 | 5 | 2730 | 830 | 3.33 | 27 |
| 2026-06-25 | 5 | 2730 | 830 | 3.33 | 28 |
| 2026-06-26 | 4 | 2688 | 800 | 3.40 | 29 |
| 2026-06-27 | 4 | 2688 | 800 | 3.40 | 30 |
| 2026-06-28 | 4 | 2688 | 800 | 3.40 | 31 |
| 2026-06-29 | 4 | 2688 | 800 | 3.40 | 32 |
| 2026-06-30 | 4 | 2688 | 800 | 3.40 | 33 |
| 2026-07-01 | 4 | 2688 | 800 | 3.40 | 34 |
| 2026-07-02 | 4 | 2688 | 800 | 3.40 | 35 |
| 2026-07-03 | 4 | 2688 | 800 | 3.40 | 36 |
| 2026-07-04 | 4 | 2688 | 800 | 3.40 | 37 |
| 2026-07-05 | 4 | 2688 | 800 | 3.40 | 38 |
| 2026-07-06 | 4 | 2688 | 800 | 3.40 | 39 |
| 2026-07-07 | 4 | 2688 | 800 | 3.40 | 40 |
| 2026-07-08 | 6 | 2525 | 750 | 3.39 | 28 |
| 2026-07-09 | 6 | 2525 | 750 | 3.39 | 29 |
| 2026-07-10 | 6 | 2525 | 750 | 3.39 | 30 |
| 2026-07-11 | 6 | 2525 | 750 | 3.39 | 31 |
| 2026-07-12 | 6 | 2525 | 750 | 3.39 | 32 |
| 2026-07-13 | 6 | 2525 | 750 | 3.39 | 33 |
| 2026-07-14 | 6 | 2525 | 750 | 3.39 | 34 |
| 2026-07-15 | 5 | 2550 | 770 | 3.33 | 37 |
| 2026-07-16 | 5 | 2550 | 770 | 3.33 | 38 |
| 2026-07-17 | 5 | 2550 | 770 | 3.33 | 39 |
| 2026-07-18 | 5 | 2550 | 770 | 3.33 | 40 |
| 2026-07-19 | 3 | 2650 | 817 | 3.28 | 42 |
| 2026-07-20 | 2 | 2825 | 900 | 3.15 | 59 |
| 2026-07-21 | 2 | 2825 | 900 | 3.15 | 60 |
| 2026-07-22 | 2 | 2825 | 900 | 3.15 | 61 |
| 2026-07-23 | 2 | 2825 | 900 | 3.15 | 62 |
| 2026-07-24 | 2 | 2825 | 900 | 3.15 | 63 |
| 2026-07-25 | 2 | 2825 | 900 | 3.15 | 64 |
| 2026-07-26 | 2 | 2825 | 900 | 3.15 | 65 |
| 2026-07-27 | 2 | 2825 | 900 | 3.15 | 66 |
| 2026-07-28 | 2 | 2825 | 900 | 3.15 | 67 |
| 2026-07-29 | 2 | 2825 | 900 | 3.15 | 68 |
| 2026-07-30 | 2 | 2825 | 900 | 3.15 | 69 |
| 2026-07-31 | 2 | 2825 | 900 | 3.15 | 70 |
| 2026-08-01 | 2 | 2825 | 900 | 3.15 | 71 |
| 2026-08-02 | 2 | 2825 | 900 | 3.15 | 72 |
| 2026-08-03 | 2 | 2825 | 900 | 3.15 | 73 |
| 2026-08-04 | 3 | 2633 | 817 | 3.25 | 49 |
| 2026-08-05 | 3 | 2433 | 717 | 3.41 | 14 |
| 2026-08-06 | 3 | 2433 | 717 | 3.41 | 15 |
| 2026-08-07 | 2 | 2525 | 750 | 3.38 | 24 |
| 2026-08-08 | 2 | 2525 | 750 | 3.38 | 25 |
| 2026-08-09 | 2 | 2525 | 750 | 3.38 | 26 |
| 2026-08-10 | 1 | 2250 | 650 | 3.46 | 6 |
| 2026-08-11 | 1 | 2250 | 650 | 3.46 | 7 |
| 2026-08-12 | 1 | 2250 | 650 | 3.46 | 8 |
| 2026-08-13 | 1 | 2250 | 650 | 3.46 | 9 |
| 2026-08-14 | 1 | 2250 | 650 | 3.46 | 10 |
| 2026-08-15 | 1 | 2250 | 650 | 3.46 | 11 |
| 2026-08-16 | 1 | 2250 | 650 | 3.46 | 12 |
| 2026-08-17 | 1 | 2250 | 650 | 3.46 | 13 |
| 2026-08-18 | 1 | 2250 | 650 | 3.46 | 14 |
| 2026-08-19 | 1 | 2250 | 650 | 3.46 | 15 |
| 2026-08-20 | 1 | 2250 | 650 | 3.46 | 16 |
| 2026-08-21 | 1 | 2250 | 650 | 3.46 | 17 |
| 2026-08-22 | 1 | 2250 | 650 | 3.46 | 18 |
| 2026-08-23 | 1 | 2250 | 650 | 3.46 | 19 |
| 2026-08-24 | 1 | 2250 | 650 | 3.46 | 20 |
| 2026-08-25 | 1 | 2250 | 650 | 3.46 | 21 |
12-Month Market Dynamics & Trend Trajectory
Mirage's lifetime average realized rent of $2,554 per month sits $32 above the Mississauga City Centre submarket average of $2,522, a modest 1.3% premium. However, the building's average rate of $3.37 per square foot runs 5.1% below the submarket benchmark of $3.55 per square foot, indicating that Mirage's larger average suite footprint of 765 square feet delivers more space per dollar than the surrounding inventory. The 41-day average DOM trails the submarket's 23-day benchmark by 18 days, suggesting Mirage's lease-up cadence lags the broader City Centre absorption pace. On pricing discipline, 61.5% of Mirage's 13 tracked leases closed below asking, with tenants securing an average concession of $31 per month (0.96% discount). This translates to $372 in annualized savings per unit and confirms a tenant-favorable negotiation environment. The net negotiation spread of -$31 across all leases indicates landlords consistently absorbed modest pushback on price rather than holding firm at listed rates, a pattern consistent with a submarket where 242 active listings create competitive pressure on landlords to close.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-24 | 1 | 2850 | 850 | 3.35 | 21 |
| 2026-05-31 | 1 | 2750 | 950 | 2.89 | 102 |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 1 | 2650 | 750 | 3.53 | 57 |
| 2026-06-21 | 1 | 2900 | 950 | 3.05 | 29 |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 1 | 2400 | 650 | 3.69 | 21 |
| 2026-07-19 | 3 | 2350 | 683 | 3.43 | 31 |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 2 | 2675 | 800 | 3.42 | 55 |
| 2026-08-09 | 1 | 2800 | 850 | 3.29 | 47 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 1 | 2250 | 650 | 3.46 | 22 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Mirage at 339 Rathburn Rd W sits in a dense cluster of four comparables along the same corridor, with three active peers and one zero-transaction reference building. Universal (335 Rathburn Rd W, 0.06 km, completed 2008) logged 13 closed leases over the trailing 180 days, while Grande Mirage (349 Rathburn Rd W, 0.06 km, completed 2022) recorded 17 closed leases, making it the highest-volume competitor in this pocket. Centre at Square One I (350 Rathburn Rd W, 0.16 km, completed 1990) closed 3 leases in the same window. Centre at Square One II (330 Rathburn Rd W, 0.17 km, also completed 1990) recorded zero lease transactions over the past 180 days and therefore serves only as an architectural and amenity reference rather than an active pricing benchmark. The active set spans three structural generations: the 1990-era Square One towers, the 2008 Universal, the 2017 subject, and the 2022 Grande Mirage, creating a clear age gradient across roughly 32 years of construction. The four-comparable benchmark averages $2,713 per month in realized rent, $3.02 per square foot, and 934 square feet per suite. Mirage's all-time leased average of $2,554 per month and 765 square feet places it below the comp set on both nominal rent and interior footprint, while its $3.37 per square foot rate sits above the comp average of $3.02 per square foot. Against the broader Mississauga City Centre submarket benchmark of $2,522 per month and $3.55 per square foot, the subject trades at a modest rent premium but a slight per-square-foot discount, reflecting its mid-size suite configuration (dominantly 1-Bedroom + Den at 38.5% of leases) within a pocket where larger 1990-era units pull the average footprint well above 900 square feet.
395 Square One Dr, Mississauga
Comparable Analysis & Questions
How do rental rates at Mirage compare to neighbouring buildings within Mississauga City Centre?
Mirage's all-time average realized lease rent of $2,554 per month sits $159 below the four-comparable benchmark of $2,713 per month, a gap driven primarily by the high-rent, large-suite Centre at Square One I pulling the average upward. Universal at 335 Rathburn Rd W (0.06 km, 13 closed leases) averaged $2,572 per month at $3.07 per square foot across 857 square feet, meaning Mirage commands a $18-per-month higher realized rent than this 2008-built peer. Grande Mirage at 349 Rathburn Rd W (0.06 km, 17 closed leases) averaged $2,550 per month at $3.43 per square foot across 748 square feet, placing Mirage just $4 per month above this 2022-built competitor. Centre at Square One I at 350 Rathburn Rd W (0.16 km, 3 closed leases) averaged $3,017 per month at $2.55 per square foot across 1,197 square feet, a figure $463 higher than Mirage's realized rent but spread over a substantially larger suite. Centre at Square One II at 330 Rathburn Rd W (0.17 km) recorded zero closed leases over the trailing 180 days and therefore has no realized rent benchmark to compare against.
Does Mirage offer a competitive price-per-square-foot ($/SF) against local comparables?
Mirage's leased rate of $3.37 per square foot across an average 765-square-foot suite positions it as a mid-rate, mid-size offering within a pocket where per-square-foot pricing ranges from $2.55 to $3.43 and suite sizes span 748 to 1,197 square feet. Against Universal (0.06 km, 13 closed leases), Mirage trades at a $0.30 per square foot (9.8%) premium while providing 92 fewer interior square feet, so the $18-per-month higher nominal rent is driven by a tighter footprint rather than a valuation gap. Against Grande Mirage (0.06 km, 17 closed leases), Mirage offers a $0.06 per square foot (1.7%) discount while providing 17 more interior square feet, making it the more space-efficient option at a nearly identical monthly cost. Against Centre at Square One I (0.16 km, 3 closed leases), Mirage commands a $0.82 per square foot (32.2%) premium but delivers 432 fewer interior square feet; the $463-per-month higher rent at the 1990 tower is almost entirely a function of its 1,197-square-foot layout rather than a per-unit valuation advantage. Centre at Square One II (0.17 km) recorded zero lease transactions and cannot be used as a pricing reference.
How do building age, amenities, and developer reputation impact rent spreads?
Mirage's 14-item amenity package—including an indoor pool, hot tub, sauna and steam room, tennis and pickleball court, bowling alley, rooftop terrace, and outdoor children's playground—places it squarely in the full-service lifestyle tier of this Rathburn Road corridor. The building's outdoor children's playground is a genuine differentiator absent from Grande Mirage, Centre at Square One I, and Centre at Square One II, giving family-oriented renters a dedicated play space that three of the four nearby competitors do not provide. Universal (335 Rathburn Rd W) matches Mirage on nearly every amenity and adds a library, music room, and garden courtyard, while Grande Mirage (349 Rathburn Rd W) mirrors the subject's full list minus the playground. The 1990-era Square One towers offer squash and racquetball courts that Mirage lacks but omit the bowling alley and children's playground found here. This amenity mix—combining aquatic recreation, a full fitness suite, remote-work meeting space, and family-oriented outdoor play—best serves young professionals and small families seeking a turnkey lifestyle package without the premium pricing of the larger 1990-era suites nearby.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Mirage.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Tennis & Pickleball Court
- Party & Lounge Room
- Meeting Room
- Media & Theatre Room
- Games & Billiards Room
- Bowling Alley
- BBQ Area
- Rooftop Terrace
- Children's Playground - Outdoor
Residential Buildings in the Vicinity
- Grande Mirage61 m
- Universal61 m
- Centre at Square One I164 m
- Centre at Square One II167 m
- Condominiums at Square One District248 m
- Parkside Village - Avia279 m
- Chicago Condominiums302 m
- Limelight - North Tower326 m
- Parkside Village - Avia 2347 m
- Limelight North Tower351 m
- Limelight - South Tower379 m
- One Park Tower421 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Mirage.
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.