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Market Data as of August 31, 2026

Oakvillage — Rental Market Data

345 Wheat Boom Dr, Oakville, Ontario L6H 7X4
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,150
2-Bedroom
1
$2,800

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2023
Total Suites175
DeveloperMinto Communities

Oakvillage at 345 Wheat Boom Dr in Oakville North is a 175-suite residential building completed in 2023 by Minto Communities, currently showing three active listings against a 1.7 percent availability rate. The building has closed five leases in the past 30 days at an average of $2,290 per month with a 21-day average time on market, and fifteen leases over the trailing 90 days averaging $2,395 per month with a 17-day DOM.

Active asking rents at Oakvillage average $2,367 per month at $3.36 per square foot across an average suite size of 706 square feet, compared to the 90-day realized lease average of $2,395 per month at $3.20 per square foot. Current listings skew toward compact one-bedroom suites averaging 634 square feet, while historical leases have leaned toward larger one-bedroom-plus-den configurations averaging 765 square feet, meaning the lower nominal asking on active inventory partly reflects smaller footprints rather than a steeper per-square-foot discount. Against the Oakville North submarket asking benchmark of $3.62 per square foot, Oakvillage's $3.36 per square foot rate sits 7.2 percent below the neighborhood average.

Marketing friction at Oakvillage is minimal: zero units have been delisted, and 40 percent of recent leases closed at or below asking, with tenants capturing an average discount of $25 per month or roughly $300 per year. Active inventory depth is thin across both tiers—two one-bedroom options provide a small selection for entry-level renters, while the single two-bedroom listing represents a one-unit scarcity that limits comparison shopping for multi-bedroom seekers.

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Active Rental Inventory & Asking Rates

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

Active Units3
0
Avg Asking Rent$2,367
-$74 (3.0%)
Avg Suite Size706 sf
-33 sf (4.5%)
Avg Days on Market13d
+2d (8.0%)
Avg Asking $/SF$3.36
+$0.04 (1.1%)

Active Market Insights & Questions

How has rental availability changed at Oakvillage recently?

Oakvillage holds three active listings as of August 31, 2026, with asking rents ranging from $2,150 to $2,800 per month, an average of $2,367 and a median of $2,150. The average suite measures 706 square feet at an asking rate of $3.36 per square foot, and the inventory is dominated by one-bedroom layouts representing 66.7 percent of available units. Current availability leans toward compact entry-level suites rather than multi-bedroom executive configurations, with only a single two-bedroom unit on the market.

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

The dominant active layout at Oakvillage is the one-bedroom, with two listings accounting for 66.7 percent of available inventory at an average asking rent of $2,150 per month across 634 square feet and a rate of $3.40 per square foot. The two-bedroom tier holds one listing at 33.3 percent share, asking $2,800 per month for 850 square feet at $3.29 per square foot. No other bedroom tiers currently have active availability.

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

Oakvillage's active asking rents span from a minimum of $2,150 to a peak of $2,800 per month, producing a dollar spread of $650 and a percentage spread of 30.2 percent. The median asking rent sits at $2,150 per month, anchored by the entry-level one-bedroom suite measuring 617 square feet at $3.48 per square foot. At the top of the range, the peak two-bedroom suite offers 850 square feet at $3.29 per square foot, delivering additional living area at a slightly lower per-square-foot rate.

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

Oakvillage's active den premium cannot be reliably quantified from current listings, as no paired den versus non-den comparison exists in the three available units. Marginal cost per square foot for extra den space is therefore unmeasurable at this time. Parking stall premiums also cannot be reliably isolated from the current sample, and historical lease data does not provide a verified parking benchmark, so renters should confirm parking costs directly with the leasing office.

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

Oakvillage's active asking rent of $2,367 per month at $3.36 per square foot compares favorably to the Oakville North submarket average asking of $2,581 per month at $3.62 per square foot. The building's 7.2 percent lower per-square-foot rate reflects both a modest pricing advantage and the compact suite sizing of current listings, which average 706 square feet versus the submarket's larger average footprint. Oakvillage's three active listings represent approximately 3.7 percent of the 81 total active listings across the Oakville North 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 (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,290
Avg Leased Size765 sf
Avg Days to Lease21d
Leased $/SF$3.29

Leased Transaction Insights & Questions

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

Oakvillage at 345 Wheat Boom Dr closed leases in an average of 21 days over the trailing 30 days and 17 days over the trailing 90 days, both faster than the Oakville North submarket benchmark of 24 days. The building recorded 5 closed leases in the last 30 days, 15 in the last 90 days, and 20 lifetime leases since its November 2023 registration. Leasing turnover accelerated through summer, with June, July, and August each producing five closed deals after a quieter spring.

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

Oakvillage tenants negotiated an average discount of $25 per month (0.97% below asking), saving them $300 per year in rent. Forty percent of all closed leases settled under the listed asking price, confirming tenant-favorable leverage in this submarket. The net negotiation spread of -$25 per month reflects modest landlord concessions rather than aggressive pricing pressure.

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

The two highest-volume anchor layouts at Oakvillage are the 1-Bedroom + Den (10 leases, $2,273 average, 20 DOM) and the 1-Bedroom (4 leases, $2,035 average, 20 DOM). The 1-Bedroom + Den tier is a statistically robust benchmark with a median of $2,262, a P25-P75 range of $2,250 to $3,300, an average size of 680 square feet, and a rate of $3.35 per square foot. The 1-Bedroom tier is a limited sample of four closed leases, offering a directional reference only, with a median of $2,045, a P25-P75 range of $1,980 to $2,100, an average size of 664 square feet, and a rate of $3.09 per square foot. The 2-Bedroom tier represents three closed leases and serves as a directional indicator only, averaging $2,633 per month with a median of $2,650, a P25-P75 range of $2,600 to $2,675, an average size of 850 square feet, and a rate of $3.10 per square foot. The 2-Bedroom + Den tier also carries three closed leases as a small sample, averaging $2,933 per month with a median of $2,950, a P25-P75 range of $2,900 to $2,975, an average size of 1,100 square feet, and a rate of $2.67 per square foot.

What measurable rent premium did suites with parking achieve in closed leases at Oakvillage?

Oakvillage parking premium data is inconclusive due to insufficient paired lease-and-parking records. The building's active listings show unreliable or outlier parking figures that cannot be isolated into a dependable monthly premium. Tenants should confirm whether parking is bundled into the suite rent or billed separately at signing, as no verified market rate can be quoted from the current dataset.

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

Oakvillage rents trended modestly lower from spring through late summer 2026, moving from $2,348 in April to $2,290 in August. April closed four deals at an average of $2,348 per month, $3.05 per square foot, and 30 days on market. May saw a single closed lease at $2,250 per month, $3.00 per square foot, and 23 days on market. June produced five closed deals averaging $2,555 per month, $3.17 per square foot, and 22 days on market. July also closed five leases at an average of $2,340 per month, $3.13 per square foot, and just 7 days on market. August matched July's volume with five closed deals at $2,290 per month, $3.29 per square foot, and 21 days on market.

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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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)
2026-04-27423637813.0930
2026-04-28221256873.1037
2026-04-29221256873.1038
2026-04-30123007503.079
2026-05-01123007503.0710
2026-05-02123007503.0711
2026-05-03123007503.0712
2026-05-04123007503.0713
2026-05-05123007503.0714
2026-05-06123007503.0715
2026-05-07123007503.0716
2026-05-08123007503.0717
2026-05-09123007503.0718
2026-05-10123007503.0719
2026-05-11123007503.0720
2026-05-12123007503.0721
2026-05-13123007503.0722
2026-05-19225257503.38N/A
2026-05-20225257503.381
2026-05-21324337173.411
2026-05-22425638133.232
2026-05-23525308003.222
2026-05-24624887753.273
2026-05-25624887753.274
2026-05-26624887753.275
2026-05-27624887753.276
2026-05-28624887753.277
2026-05-29824917643.316
2026-05-30824917643.317
2026-05-31824917643.318
2026-06-01824917643.319
2026-06-02824917643.3110
2026-06-03824917643.3111
2026-06-04824917643.3112
2026-06-05925478013.2411
2026-06-06925478013.2412
2026-06-07925478013.2413
2026-06-08925478013.2414
2026-06-09825878203.2213
2026-06-10825878203.2214
2026-06-11825878203.2215
2026-06-12825878203.2216
2026-06-13825878203.2217
2026-06-14825878203.2218
2026-06-15925948233.2117
2026-06-16925948233.2118
2026-06-17925948233.2119
2026-06-18925948233.2120
2026-06-19826188323.2120
2026-06-20725968303.2019
2026-06-21725968303.2020
2026-06-22725968303.2021
2026-06-23525458123.1912
2026-06-24426138523.118
2026-06-25426138523.119
2026-06-26525408123.188
2026-06-27425138023.198
2026-06-28425138023.199
2026-06-29524007723.168
2026-06-30524007723.169
2026-07-01524007723.1610
2026-07-02425138023.1913
2026-07-03425138043.1812
2026-07-04425138043.1813
2026-07-05425138043.1814
2026-07-06425138043.1815
2026-07-07425138043.1816
2026-07-08425138043.1817
2026-07-09425138043.1818
2026-07-10425138043.1819
2026-07-11326008533.1124
2026-07-12326008533.1125
2026-07-13326008533.1126
2026-07-14326008533.1127
2026-07-15326008533.1128
2026-07-16426008523.0922
2026-07-17525408293.1018
2026-07-18525408293.1019
2026-07-19525408293.1020
2026-07-20525408293.1012
2026-07-21525408293.1013
2026-07-22625167993.2012
2026-07-23625167993.2013
2026-07-24625167993.2014
2026-07-25625167993.2015
2026-07-26625167993.2016
2026-07-27625167993.2017
2026-07-28424497403.3322
2026-07-29424497403.3323
2026-07-30424497403.3324
2026-07-31424497403.3325
2026-08-01424497403.3326
2026-08-02324657363.3823
2026-08-03324657363.3824
2026-08-04324657363.3825
2026-08-05223986793.5429
2026-08-06223986793.5430
2026-08-07223986793.5431
2026-08-08223986793.5432
2026-08-09223986793.5433
2026-08-10223986793.5434
2026-08-11323156693.4623
2026-08-12422616603.4318
2026-08-13322176633.3418
2026-08-14322176633.3419
2026-08-15322176633.3420
2026-08-16322176633.3421
2026-08-17422006523.3817
2026-08-18521806463.3814
2026-08-19521806463.3815
2026-08-20521806463.3816
2026-08-21521806463.3817
2026-08-22521806463.3818
2026-08-23521806463.3819
2026-08-24521806463.3820
2026-08-25521806463.3821
2026-08-26523206903.3719
2026-08-27423757063.3723
2026-08-28423757063.3724
2026-08-29423757063.3725
2026-08-30423757063.3726
2026-08-31423757063.3727

12-Month Market Dynamics & Trend Trajectory

Oakvillage has closed 20 lifetime leases since its November 2023 registration, averaging $2,378 per month at $3.16 per square foot across suites that measure 765 square feet on average. The building's lifetime average DOM of 20 days sits comfortably below the Oakville North submarket benchmark of 24 days, and the 1.7% availability rate signals a nearly full roster with steady tenant turnover concentrated in the spring-to-summer window. Pricing discipline at Oakvillage skews tenant-favorable, with 40% of all leases closing below the listed asking price. The net negotiation spread of -$25 per month (0.97% discount) translates to $300 in annual savings for tenants, reflecting modest landlord concessions rather than aggressive premium pricing. This pattern suggests landlords at Oakvillage are willing to close deals quickly within a narrow band below list, prioritizing occupancy over maximum per-unit revenue.

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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)
2026-05-10122507503.0023
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-07122006503.3819
2026-06-14127008503.1832
2026-06-21326258673.1019
2026-06-28221006503.235
2026-07-05122006593.348
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26226509182.9310
2026-08-02224758003.1030
2026-08-09123006503.5422
2026-08-160N/AN/AN/AN/A
2026-08-23221006283.3512

Nearby Building Rental Comparables & Price Spreads

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

Oakvillage at 345 Wheat Boom Dr in Oakville North sits within a tight cluster of Minto-built towers completed between 2023 and 2025, giving renters a directly comparable set just steps away. The nearest competitor, Minto Oak Village at 349 Wheat Boom Drive (0.04 km), registered in early 2023, has recorded zero closed leases in the trailing 180 days, while Oakvillage – Tower 2 at 335 Wheat Boom Dr (0.09 km, completed 2024) closed 25 lease transactions over the same window. Further out along Trafalgar Road, North Oak – Tower 4A at 3079 Trafalgar Rd (0.18 km) and North Oak – Tower 4B at 3071 Trafalgar Rd (0.23 km), both registered in late 2025, logged 7 and 5 closed leases respectively, reflecting their newer entry into the market. Across the four comparable buildings, the average comp lease rent lands at $2,452 per month with a mean rate of $3.40 per square foot and an average suite size of 734 square feet. Oakvillage's all-time leased average of $2,378 per month at $3.16 per square foot for 765 square feet positions it as a slightly larger, lower-cost-per-foot option relative to the micro-market benchmark. The building's 2023 completion places it in the same structural generation as its immediate neighbours, yet its 20-day average days on market and 1.7% availability rate signal a stabilized, well-absorbed asset that competes on space efficiency rather than luxury differentiation.

349 Wheat Boom Drive, Oakville

Avg Asking$2,800/mo
Avg $/SF$2.55
Rent Spread:
+$425/mo (+17.9%) Higher

335 Wheat Boom Dr, Oakville

Avg Asking$2,436/mo
Avg $/SF$3.52
Rent Spread:
+$61/mo (+2.6%) Higher

3079 Trafalgar Rd, Oakville

Avg Asking$2,407/mo
Avg $/SF$3.64
Rent Spread:
+$32/mo (+1.4%) Higher

3071 Trafalgar Rd, Oakville

Avg Asking$2,490/mo
Avg $/SF$3.17
Rent Spread:
+$115/mo (+4.8%) Higher

3200 William Coltson Ave, Oakville

Avg Asking$2,421/mo
Avg $/SF$3.52
Rent Spread:
+$46/mo (+1.9%) Higher

3220 William Coltson Ave, Oakville

Avg Asking$2,346/mo
Avg $/SF$3.75
Rent Spread:
-$29/mo (-1.2%) Lower

Comparable Analysis & Questions

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

Oakvillage's all-time average lease rent of $2,378 per month sits $74 below the four-comp average of $2,452, making it the more affordable option in this immediate cluster. Oakvillage – Tower 2 at 335 Wheat Boom Dr reports an average lease of $2,429 per month at $3.45 per square foot for 714 square feet, while North Oak – Tower 4A at 3079 Trafalgar Rd averages $2,436 per month at $3.57 per square foot for 689 square feet. North Oak – Tower 4B at 3071 Trafalgar Rd carries the highest comp average at $2,490 per month but at a lower $3.17 per square foot for its larger 800-square-foot suites. Minto Oak Village at 349 Wheat Boom Drive has no closed lease data in the trailing 180 days, so no direct rent benchmark is available for that property.

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

Oakvillage delivers 765 square feet at an all-time leased rate of $3.16 per square foot, undercutting the submarket leased benchmark of $3.48 per square foot by roughly 9% while offering more interior space than three of its four nearby competitors. Against Oakvillage – Tower 2 (714 sq ft at $3.45/SF), a renter gains 51 additional square feet for a lower per-foot cost; versus North Oak – Tower 4A (689 sq ft at $3.57/SF), the subject provides 76 more square feet at a $0.41-per-foot discount. The one exception is North Oak – Tower 4B, whose 800-square-foot suites exceed the subject by 35 square feet at a nearly identical $3.17 per square foot, meaning a renter trading down to Oakvillage accepts a modestly smaller footprint for a marginally lower rate. Overall, the value proposition favours tenants who prioritize interior volume and a competitive per-foot price over the premium square-footage tier offered by the 2025 Trafalgar Road towers.

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

Oakvillage's amenity suite at 345 Wheat Boom Dr leans toward family-oriented and wellness-focused programming that distinguishes it from the more corporate or outdoor-centric packages at its nearest competitors. Where Oakvillage – Tower 2 offers fire pits and secure parcel lockers, the subject instead provides an indoor kids' play room and a dedicated pet wash station—features absent from Tower 2's roster. North Oak – Tower 4A includes a firepit but lacks the indoor children's play space and the media/theatre room found at Oakvillage. Against North Oak – Tower 4B, which markets a meditation room, garden courtyard, and fire pits, the subject counters with a games and billiards room, a dedicated business centre, and a rooftop terrace without the outdoor green-space component. This lifestyle package—pairing a yoga studio, sauna and steam room, EV charging, and a pet wash station under one roof—best serves young professional families and pet-owning renters in their late twenties to mid-thirties who want a turnkey wellness and social environment without sacrificing indoor convenience.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Oakvillage.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Sauna & Steam Room
  • Party & Lounge Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Kids' Play Room - Indoor
  • Pet Wash Station

Data Methodology & Analytical Standards

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

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.