Market Data as of August 31, 2026
Towers — Rental Market Data
Last Lease
2-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Towers at 35 Trailwood Drive in Mississauga North is a 374-suite residential building completed in 1990 by Anaheim Group, and as of August 31, 2026, it is fully occupied with zero units currently listed for rent. The building recorded one closed lease in the trailing 30 days at an average of $2,700 per month and a 14-day time to lease, while the broader 90-day cohort shows six closed leases averaging $2,625 per month with a 25-day average days on market. With an availability rate of 0 percent, prospective renters must look to the wider Mississauga North submarket for comparable inventory.
Historical lease data places Towers' realized rate at $2.52 per square foot across an average suite footprint of 1,050 square feet, which sits 25.7 percent below the Mississauga North submarket asking benchmark of $3.42 per square foot. The submarket's implied asking suite size is approximately 760 square feet, meaning Towers' historical leases reflect a notably larger footprint than the typical submarket listing. Because no active listings exist, current asking rents and per-square-foot rates cannot be calculated; renters should anchor expectations to the $2,625 per month realized average and the $2,586 per month submarket lease benchmark.
Marketing friction at Towers is minimal in the sense that the single 30-day lease closed in 14 days, well under the submarket average of 21 days, and no delisted, terminated, or expired listings have been recorded. Across all six tracked closed transactions, tenants negotiated an average discount of $33 per month, or 1.28 percent below asking, with 50 percent of leases closing under the initial ask and saving renters roughly $396 per year. Inventory depth is effectively zero: every bedroom tier shows no available units, so renters seeking a two-bedroom or larger layout in this building must wait for a vacancy or pivot to the 41 active listings elsewhere in Mississauga North.
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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 Towers (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Towers last month, and how fast did they rent?
Towers at 35 Trailwood Drive closed one lease in the trailing 30 days with a 14-day DOM, six leases over 90 days averaging 25 days on market, against a Mississauga North submarket benchmark of 21 days. The 30-day print of one closing at 14 DOM signals a modest acceleration in absorption speed compared to the 90-day average of 25 DOM. Lifetime volume sits at six closed leases, all within the past year, indicating steady but low-turnover leasing activity rather than a surge or pause.
What is the negotiation spread between asking rents and closed lease prices at Towers?
Towers at 35 Trailwood Drive closed leases at an average tenant discount of $33 per month (1.28% below asking), translating to $396 in annual savings per unit. Fifty percent of tracked leases settled under the listed asking price, confirming measurable tenant leverage in negotiations. The landlord concession pattern is modest but consistent, with the remaining half of leases closing at or near asking, so the discount reflects selective pushback rather than across-the-board markdowns.
What are typical executed lease prices across different layouts at Towers?
Towers at 35 Trailwood Drive is a single-layout building: all six tracked leases are 2-Bedroom units averaging $2,625 per month with a 25-day DOM. The 2-Bedroom tier (n=6, moderate sample) shows a median rent of $2,675, a P25–P75 range of $2,538 to $2,700, an average suite size of 1,050 square feet, a realized rate of $2.52 per square foot, and a 25-day average DOM. This statistically robust benchmark of six closed leases confirms the 2-Bedroom as the sole leasing product at this address.
What measurable rent premium did suites with parking achieve in closed leases at Towers?
Towers at 35 Trailwood Drive has no verified leased parking premium to report; paired data is insufficient to isolate a reliable monthly parking value. Active-listing parking figures are flagged as unreliable outliers and cannot be quoted as a benchmark. Tenants should confirm whether parking is bundled into the suite rent or available as a separate addendum directly with the property manager.
How does the lease-to-listing ratio at Towers reflect current tenant demand?
Towers at 35 Trailwood Drive shows a flat-to-slightly-upward rent trajectory across the June-through-August 2026 window, with average rents moving from $2,617 to $2,700. In June, three leases closed at an average of $2,617 per month ($2.51 per square foot) with a 29-day DOM. July saw two closings at $2,600 per month ($2.36 per square foot) over 25 days; the nominal rent dip reflects compact suite footprints in those specific units rather than property devaluation. August recorded one lease at $2,700 per month ($2.84 per square foot) with a 14-day DOM, the fastest absorption of the quarter.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 1 | 2700 | 950 | 2.84 | 11 |
| 2026-04-28 | 1 | 2700 | 950 | 2.84 | 12 |
| 2026-04-29 | 1 | 2700 | 950 | 2.84 | 13 |
| 2026-04-30 | 1 | 2700 | 950 | 2.84 | 14 |
| 2026-05-01 | 1 | 2700 | 950 | 2.84 | 15 |
| 2026-05-02 | 1 | 2700 | 950 | 2.84 | 16 |
| 2026-05-03 | 1 | 2700 | 950 | 2.84 | 17 |
| 2026-05-04 | 1 | 2700 | 950 | 2.84 | 18 |
| 2026-05-05 | 1 | 2700 | 950 | 2.84 | 19 |
| 2026-05-06 | 2 | 2700 | 1025 | 2.65 | 10 |
| 2026-05-07 | 2 | 2700 | 1025 | 2.65 | 11 |
| 2026-05-08 | 3 | 2700 | 1050 | 2.58 | 8 |
| 2026-05-09 | 3 | 2700 | 1050 | 2.58 | 9 |
| 2026-05-10 | 3 | 2700 | 1050 | 2.58 | 10 |
| 2026-05-11 | 3 | 2700 | 1050 | 2.58 | 11 |
| 2026-05-12 | 3 | 2700 | 1050 | 2.58 | 12 |
| 2026-05-13 | 3 | 2700 | 1050 | 2.58 | 13 |
| 2026-05-14 | 3 | 2700 | 1050 | 2.58 | 14 |
| 2026-05-15 | 3 | 2700 | 1050 | 2.58 | 15 |
| 2026-05-16 | 3 | 2700 | 1050 | 2.58 | 16 |
| 2026-05-17 | 3 | 2700 | 1050 | 2.58 | 17 |
| 2026-05-18 | 3 | 2700 | 1050 | 2.58 | 18 |
| 2026-05-19 | 3 | 2700 | 1050 | 2.58 | 19 |
| 2026-05-20 | 3 | 2700 | 1050 | 2.58 | 20 |
| 2026-05-21 | 3 | 2700 | 1050 | 2.58 | 21 |
| 2026-05-22 | 3 | 2700 | 1050 | 2.58 | 22 |
| 2026-05-23 | 3 | 2700 | 1050 | 2.58 | 23 |
| 2026-05-24 | 3 | 2700 | 1050 | 2.58 | 24 |
| 2026-05-25 | 3 | 2700 | 1050 | 2.58 | 25 |
| 2026-05-26 | 3 | 2700 | 1050 | 2.58 | 26 |
| 2026-05-27 | 3 | 2700 | 1050 | 2.58 | 27 |
| 2026-05-28 | 4 | 2663 | 1063 | 2.52 | 21 |
| 2026-05-29 | 4 | 2663 | 1063 | 2.52 | 22 |
| 2026-05-30 | 4 | 2663 | 1063 | 2.52 | 23 |
| 2026-05-31 | 4 | 2663 | 1063 | 2.52 | 24 |
| 2026-06-01 | 4 | 2663 | 1063 | 2.52 | 25 |
| 2026-06-02 | 4 | 2663 | 1063 | 2.52 | 26 |
| 2026-06-03 | 4 | 2663 | 1063 | 2.52 | 27 |
| 2026-06-04 | 3 | 2650 | 1100 | 2.41 | 21 |
| 2026-06-05 | 2 | 2700 | 1100 | 2.45 | 29 |
| 2026-06-09 | 1 | 2600 | 1100 | 2.36 | N/A |
| 2026-06-10 | 1 | 2600 | 1100 | 2.36 | 1 |
| 2026-06-11 | 1 | 2600 | 1100 | 2.36 | 2 |
| 2026-06-12 | 1 | 2600 | 1100 | 2.36 | 3 |
| 2026-06-13 | 1 | 2600 | 1100 | 2.36 | 4 |
| 2026-06-14 | 1 | 2600 | 1100 | 2.36 | 5 |
| 2026-06-15 | 1 | 2600 | 1100 | 2.36 | 6 |
| 2026-06-16 | 1 | 2600 | 1100 | 2.36 | 7 |
| 2026-06-17 | 1 | 2600 | 1100 | 2.36 | 8 |
| 2026-06-18 | 1 | 2600 | 1100 | 2.36 | 9 |
| 2026-06-19 | 1 | 2600 | 1100 | 2.36 | 10 |
| 2026-06-20 | 1 | 2600 | 1100 | 2.36 | 11 |
| 2026-06-21 | 1 | 2600 | 1100 | 2.36 | 12 |
| 2026-06-22 | 1 | 2600 | 1100 | 2.36 | 13 |
| 2026-06-23 | 1 | 2600 | 1100 | 2.36 | 14 |
| 2026-06-24 | 1 | 2600 | 1100 | 2.36 | 15 |
| 2026-06-25 | 2 | 2650 | 1100 | 2.41 | 8 |
| 2026-06-26 | 2 | 2650 | 1100 | 2.41 | 9 |
| 2026-06-27 | 2 | 2650 | 1100 | 2.41 | 10 |
| 2026-06-28 | 2 | 2650 | 1100 | 2.41 | 11 |
| 2026-06-29 | 2 | 2650 | 1100 | 2.41 | 12 |
| 2026-06-30 | 2 | 2650 | 1100 | 2.41 | 13 |
| 2026-07-01 | 2 | 2650 | 1100 | 2.41 | 14 |
| 2026-07-02 | 2 | 2650 | 1100 | 2.41 | 15 |
| 2026-07-03 | 2 | 2650 | 1100 | 2.41 | 16 |
| 2026-07-04 | 2 | 2650 | 1100 | 2.41 | 17 |
| 2026-07-05 | 2 | 2650 | 1100 | 2.41 | 18 |
| 2026-07-06 | 2 | 2650 | 1100 | 2.41 | 19 |
| 2026-07-07 | 1 | 2700 | 1100 | 2.45 | 12 |
| 2026-07-08 | 1 | 2700 | 1100 | 2.45 | 13 |
| 2026-07-09 | 1 | 2700 | 1100 | 2.45 | 14 |
| 2026-07-10 | 1 | 2700 | 1100 | 2.45 | 15 |
| 2026-07-11 | 1 | 2700 | 1100 | 2.45 | 16 |
| 2026-07-12 | 1 | 2700 | 1100 | 2.45 | 17 |
| 2026-07-13 | 1 | 2700 | 1100 | 2.45 | 18 |
| 2026-07-14 | 1 | 2700 | 1100 | 2.45 | 19 |
| 2026-07-15 | 1 | 2700 | 1100 | 2.45 | 20 |
| 2026-07-29 | 1 | 2700 | 950 | 2.84 | N/A |
| 2026-07-30 | 1 | 2700 | 950 | 2.84 | 1 |
| 2026-07-31 | 1 | 2700 | 950 | 2.84 | 2 |
| 2026-08-01 | 1 | 2700 | 950 | 2.84 | 3 |
| 2026-08-02 | 1 | 2700 | 950 | 2.84 | 4 |
| 2026-08-03 | 1 | 2700 | 950 | 2.84 | 5 |
| 2026-08-04 | 1 | 2700 | 950 | 2.84 | 6 |
| 2026-08-05 | 1 | 2700 | 950 | 2.84 | 7 |
| 2026-08-06 | 1 | 2700 | 950 | 2.84 | 8 |
| 2026-08-07 | 1 | 2700 | 950 | 2.84 | 9 |
| 2026-08-08 | 1 | 2700 | 950 | 2.84 | 10 |
| 2026-08-09 | 1 | 2700 | 950 | 2.84 | 11 |
| 2026-08-10 | 1 | 2700 | 950 | 2.84 | 12 |
| 2026-08-11 | 1 | 2700 | 950 | 2.84 | 13 |
12-Month Market Dynamics & Trend Trajectory
Towers at 35 Trailwood Drive realized an average lease rent of $2,625 per month and a rate of $2.52 per square foot, placing it $39 above the Mississauga North submarket average rent of $2,586 but 25.7% below the submarket average rate of $3.39 per square foot. The building's larger 1,050-square-foot suites dilute the per-square-foot figure relative to the submarket's implied 760-square-foot average, so the nominal rent premium over the submarket is modest while the density-adjusted value sits well below local benchmarks. On pricing discipline, 50% of tracked leases closed below asking with an average tenant discount of $33 per month (1.28%), yielding $396 in annualized savings per unit. The remaining half settled at or near asking, indicating landlords at Towers hold firm on list price for roughly half their inventory while conceding a small margin on the rest. This pattern reflects tenant-favorable negotiation leverage without signaling broad-based pricing weakness across the building.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-31 | 3 | 2617 | 1050 | 2.51 | 29 |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 1 | 2500 | 1100 | 2.27 | 28 |
| 2026-07-12 | 1 | 2700 | 1100 | 2.45 | 21 |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 1 | 2700 | 950 | 2.84 | 14 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Towers at 35 Trailwood Drive sits in a tightly clustered 1990-era rental pocket on Trailwood Drive, with four nearby comparables spanning 0.06 to 0.24 kilometres. Two of those peers carry active lease volume: Towers I and II Condos at 25 Trailwood Drive (0.06 km, completed 1990) recorded 4 closed leases over the trailing 180 days, and Residences of Strathaven at 55 Strathaven Dr (0.30 km, completed 2003) logged 11 closed leases in the same window. The remaining two buildings—95 Trailwood Condos at 65 Trailwood Drive (0.11 km, 1990) and 95 Trailwood Condos at 95 Trailwood Drive (0.24 km, 1990)—each recorded zero lease transactions in the past 180 days and function solely as architectural references rather than pricing benchmarks. The active peer set thus spans two structural generations: the 1990 Trailwood cluster and the 2003 Strathaven building, which introduces a 13-year age gap and a distinctly different suite-size philosophy. Against the overall comp benchmark of $2,562 average rent, $2.92 per square foot, and 910 average square feet, Towers positions itself as a larger-footprint, lower-rate-per-square-foot product. The subject's 1,050-square-foot average suite exceeds the comp mean by 140 square feet while its $2.52 per square foot realized rate sits roughly 14 percent below the comp average. Within the Mississauga North submarket, where the average leased rate runs $3.39 per square foot, Towers trades at a meaningful per-square-foot discount, a gap driven almost entirely by its generous interior footprint relative to the submarket's 760-square-foot implied asking size. The building's 1990 construction date and 374-suite scale give it a cost-per-space advantage that newer, smaller-footprint competitors cannot replicate without repositioning their unit mix.
Comparable Analysis & Questions
How do rental rates at Towers compare to neighbouring buildings within Mississauga North?
Towers at 35 Trailwood Drive realized an average lease rent of $2,625 per month, which sits $63 above the overall comp benchmark of $2,562 and $39 above the Mississauga North submarket average of $2,586. Towers I and II Condos at 25 Trailwood Drive (0.06 km, 4 closed leases) averaged $2,688 per month at $2.50 per square foot across 1,075 square feet, placing the subject $63 below that peer on a nominal monthly basis. Residences of Strathaven at 55 Strathaven Dr (0.30 km, 11 closed leases) averaged $2,436 per month at $3.33 per square foot across 745 square feet, meaning the subject commands a $189 higher monthly rent than that competitor. The two zero-transaction buildings—95 Trailwood Condos at 65 Trailwood Drive (0.11 km) and 95 Trailwood Condos at 95 Trailwood Drive (0.24 km)—recorded no closed leases in the trailing 180 days and therefore carry no realized rent benchmark against which to compare.
Does Towers offer a competitive price-per-square-foot ($/SF) against local comparables?
Towers delivers its $2,625 average lease at $2.52 per square foot across 1,050 square feet, a rate-per-space figure that trades at a discount below Residences of Strathaven's $3.33 per square foot while commanding a modest $0.02 per square foot premium over Towers I and II Condos' $2.50 per square foot. Against Residences of Strathaven (0.30 km, 11 closed leases), the subject provides 305 more interior square feet, and the $189 higher nominal rent is a direct function of that larger footprint rather than a per-space valuation premium; renters gain roughly 41 percent more interior area for a 7.8 percent rent increase. Against Towers I and II Condos (0.06 km, 4 closed leases), the subject provides 25 fewer interior square feet, and the $63 lower monthly rent reflects that slightly smaller footprint while the per-square-foot rate is marginally higher. The two zero-lease Trailwood buildings offer no square-footage or rate benchmark, so no value comparison is possible against them.
How do building age, amenities, and developer reputation impact rent spreads?
Towers at 35 Trailwood Drive offers a 13-amenity lifestyle package that includes an indoor pool, sauna and steam room, hot tub, gym, tennis and pickleball court, squash and racquetball court, games and billiards room, library, party lounge, meeting room, BBQ area, children's playground, and concierge security—placing it well ahead of the two zero-lease Trailwood buildings (65 Trailwood Drive has no listed amenities; 95 Trailwood Drive offers only concierge and security) but slightly behind Residences of Strathaven, which adds a yoga studio, business centre, media and theatre room, and rooftop terrace that Towers does not provide. In return, Towers gives renters dedicated racquet-sport courts (tennis/pickleball and squash/racquetball) that Strathaven lacks, making it the clear choice for tenants who prioritize on-site competitive court sports alongside full aquatic and wellness facilities. The primary demographic best served by this package is the active, family-oriented renter or small professional household seeking a full-service residential community with recreational courts and pool access without paying the per-square-foot premium of a newer, smaller-suite building.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Towers.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Sauna & Steam Room
- Hot Tub & Jacuzzi
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Library & Reading Room
- BBQ Area
- Children's Playground - Outdoor
- Tennis & Pickleball Court
- Squash & Racquetball Court
Residential Buildings in the Vicinity
- Towers I and II Condos56 m
- 95 Trailwood Condos109 m
- 95 Trailwood Condos240 m
- Residences of Strathaven298 m
- 117 Bristol Road E390 m
- 101 Bristol412 m
- Mississauga Square549 m
- Canopy Towers640 m
- Gemma Condos701 m
- Perla at Uptown - East Tower742 m
- Perla at Uptown - West Tower752 m
- 211 Forum Condos797 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Towers.
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.
