Market Data as of August 31, 2026
Centre IV — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Centre IV at 400 Webb Drive in the Mississauga City Centre neighborhood is an established residential building completed in 1991 by Conservatory Group, containing 224 total suites. The building features 1 active listing representing an availability rate of 0.4 percent. Over the past 90 days, there were 4 closed leases averaging 44 days on market, while the 30-day window recorded 2 closed leases averaging 65 days on market.
Current active asking rent sits at $2,950 per month, compared to realized 90-day leases averaging $2,813 per month. Unrented inventory skews toward larger layouts than historical leases, while active asking rates per square foot cannot be reliably calculated from current sparse listings against the submarket asking benchmark of $3.64 per square foot.
Marketing friction shows closed deals averaging 44 days on market compared to 26 days on market for suspended units that averaged $3,200 per month and were overpriced relative to realized leases, with 80.0 percent of recent leases closing under asking at an average tenant discount of $59 per month (2.09 percent). Inventory availability is constrained to a single 2-Bedroom plus Den layout tier, leaving zero active choices across other configurations.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Centre IV as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Centre IV recently?
Centre IV features 1 active listing as of August 31, 2026, with an asking price range, average, and median rent of $2,950 per month. Average square footage and asking rates per square foot are currently unquantifiable due to missing dimension data in the active inventory. The dominant layout share percentage stands at 100 percent, reflecting an active inventory entirely composed of multi-bedroom executive layouts.
What floor plans and unit layouts are currently available at Centre IV?
The dominant active layout is the 2-Bedroom plus Den configuration, accounting for 1 active listing and a 100 percent inventory share. This single available tier features an average rent of $2,950 per month with unquantified average square footage and rate per square foot.
What is the average asking rent and $/SF by suite size at Centre IV?
Centre IV exhibits a minimum entry rent of $2,950 per month and a peak asking rent of $2,950 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. The median asking rent matches this single listing at $2,950 per month. The entry-level suite is a 2-Bedroom plus Den layout, while the peak suite is represented by the identical 2-Bedroom plus Den unit.
How much extra do parking spaces and dens cost at Centre IV?
Centre IV has active den premium data and square footage deltas that are currently null. Active parking premiums cannot be reliably isolated from current listings as the status is an unreliable outlier or insufficient sample.
How do asking rents at Centre IV compare to local and municipal benchmarks?
Centre IV asks an average rent of $2,950 per month, which compares to the submarket average asking rent of $2,771 per month. Nominal rent variances reflect suite size differences rather than higher unit pricing, with the building representing 0.4 percent of submarket active inventory.
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 Centre IV (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Centre IV last month, and how fast did they rent?
At Centre IV, the 30-day average days on market is 65 days, the 90-day average is 44 days, and the submarket benchmark stands at 23 days. Tracking closed lease counts shows 2 transactions over the last 30 days, 4 over the last 90 days, and 5 over the lifetime period, reflecting steady leasing turnover through the summer months.
What is the negotiation spread between asking rents and closed lease prices at Centre IV?
At Centre IV, tenants secured an average monthly discount of $59, representing a 2.09% concession below asking price and annual tenant savings of $708 per year. Exactly 80.0% of leases closed under asking, demonstrating clear tenant leverage across recent transactions.
What are typical executed lease prices across different layouts at Centre IV?
At Centre IV, the two primary anchor layouts are the 2-Bedroom + Den and the 2-Bedroom tiers. The 2-Bedroom + Den tier, representing 4 closed leases with a small sample size, averaged $2,800 per month with a median of $2,825 per month, a P25-P75 range of $2,675 to $2,950 per month, an average size of 1,056 square feet, $2.68 per square foot, and 44 days on market. The 2-Bedroom tier, representing an individual single deal with 1 closed lease, averaged $2,750 per month with a median of $2,750 per month, a P25-P75 range of $2,750 to $2,750 per month, an average size of 950 square feet, $2.89 per square foot, and 16 days on market (note that this represents an individual transaction rather than a broad statistical benchmark).
What measurable rent premium did suites with parking achieve in closed leases at Centre IV?
At Centre IV, realized leased parking premium data is inconclusive due to insufficient paired sample records. Suite bundling patterns typically incorporate parking within larger multi-bedroom floor plans without separate line-item values, and active asking parking rates cannot be reliably isolated.
How does the lease-to-listing ratio at Centre IV reflect current tenant demand?
At Centre IV, overall rent trajectories maintained stability through the tracked spring and summer timeline. In May 2026, 1 closed deal recorded an average rent of $2,700 per month at $3.00 per square foot over 16 days on market. In June 2026, 1 closed deal recorded an average rent of $2,950 per month at $2.31 per square foot over 30 days on market. In July 2026, 1 closed deal recorded an average rent of $2,750 per month at $2.89 per square foot over 16 days on market. In August 2026, 2 closed deals recorded an average rent of $2,775 per month at $2.71 per square foot over 65 days on market.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Centre IV (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Centre IV, and what was their re-listing price compared to previous asking?
At Centre IV, a total of 1 unit was delisted, representing a delisted-to-lifetime-leased ratio of 20.0% and a delisted-to-30-day-leased ratio of 50.0%, consisting entirely of suspended listings with zero terminated or expired listings. This reflects a healthy relisting ratio of 1 unrented listing pulled for every 5 successful leases.
How do asking prices on de-listed suites compare to executed leases and active listings at Centre IV?
At Centre IV, unrented delisted units asked an average of $3,200 per month, representing a nominal premium of $425 per month above realized lease averages of $2,775 per month and a rate-per-square-foot gap of $2.13 per square foot versus $2.71 per square foot, confirming that unrented inventory suffered from overpricing.
What market friction causes rental listings to stall or de-list at Centre IV?
At Centre IV, delisted unrented units recorded an average of 26 days on market compared to 65 days for recent realized leases. The excess marketing time translates directly into carrying costs of unrented vacancy, compounding lost rental income alongside ongoing condo maintenance fees.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 1900 | 1500 | 1.27 | 70 |
| 2026-04-28 | 1 | 1900 | 1500 | 1.27 | 71 |
| 2026-04-29 | 1 | 1900 | 1500 | 1.27 | 72 |
| 2026-04-30 | 1 | 1900 | 1500 | 1.27 | 73 |
| 2026-05-01 | 1 | 1900 | 1500 | 1.27 | 74 |
| 2026-05-02 | 1 | 1900 | 1500 | 1.27 | 75 |
| 2026-05-03 | 1 | 1900 | 1500 | 1.27 | 76 |
| 2026-05-04 | 1 | 1900 | 1500 | 1.27 | 77 |
| 2026-05-05 | 1 | 1900 | 1500 | 1.27 | 78 |
| 2026-05-06 | 1 | 1900 | 1500 | 1.27 | 79 |
| 2026-05-07 | 1 | 1900 | 1500 | 1.27 | 80 |
| 2026-05-08 | 1 | 1900 | 1500 | 1.27 | 81 |
| 2026-05-09 | 1 | 1900 | 1500 | 1.27 | 82 |
| 2026-05-10 | 1 | 1900 | 1500 | 1.27 | 83 |
| 2026-05-11 | 1 | 1900 | 1500 | 1.27 | 84 |
| 2026-05-12 | 1 | 1900 | 1500 | 1.27 | 85 |
| 2026-05-13 | 3 | 2548 | 1225 | 2.22 | 29 |
| 2026-05-14 | 3 | 2548 | 1225 | 2.22 | 30 |
| 2026-05-15 | 2 | 2873 | 1088 | 2.70 | 2 |
| 2026-05-16 | 2 | 2873 | 1088 | 2.70 | 3 |
| 2026-05-17 | 2 | 2873 | 1088 | 2.70 | 4 |
| 2026-05-18 | 2 | 2873 | 1088 | 2.70 | 5 |
| 2026-05-19 | 2 | 2873 | 1088 | 2.70 | 6 |
| 2026-05-20 | 2 | 2873 | 1088 | 2.70 | 7 |
| 2026-05-21 | 2 | 2873 | 1088 | 2.70 | 8 |
| 2026-05-22 | 2 | 2873 | 1088 | 2.70 | 9 |
| 2026-05-23 | 2 | 2873 | 1088 | 2.70 | 10 |
| 2026-05-24 | 2 | 2873 | 1088 | 2.70 | 11 |
| 2026-05-25 | 2 | 2873 | 1088 | 2.70 | 12 |
| 2026-05-26 | 2 | 2873 | 1088 | 2.70 | 13 |
| 2026-05-27 | 2 | 2873 | 1088 | 2.70 | 14 |
| 2026-05-28 | 2 | 2873 | 1088 | 2.70 | 15 |
| 2026-05-29 | 1 | 2995 | 1275 | 2.35 | 16 |
| 2026-05-30 | 1 | 2995 | 1275 | 2.35 | 17 |
| 2026-05-31 | 1 | 2995 | 1275 | 2.35 | 18 |
| 2026-06-01 | 1 | 2995 | 1275 | 2.35 | 19 |
| 2026-06-02 | 1 | 2995 | 1275 | 2.35 | 20 |
| 2026-06-03 | 2 | 2873 | 1113 | 2.62 | 11 |
| 2026-06-04 | 2 | 2873 | 1113 | 2.62 | 12 |
| 2026-06-05 | 2 | 2873 | 1113 | 2.62 | 13 |
| 2026-06-06 | 2 | 2873 | 1113 | 2.62 | 14 |
| 2026-06-07 | 2 | 2873 | 1113 | 2.62 | 15 |
| 2026-06-08 | 2 | 2873 | 1113 | 2.62 | 16 |
| 2026-06-09 | 2 | 2873 | 1113 | 2.62 | 17 |
| 2026-06-10 | 2 | 2873 | 1113 | 2.62 | 18 |
| 2026-06-11 | 2 | 2873 | 1113 | 2.62 | 19 |
| 2026-06-12 | 1 | 2750 | 950 | 2.89 | 9 |
| 2026-06-13 | 1 | 2750 | 950 | 2.89 | 10 |
| 2026-06-14 | 1 | 2750 | 950 | 2.89 | 11 |
| 2026-06-15 | 1 | 2750 | 950 | 2.89 | 12 |
| 2026-06-16 | 1 | 2750 | 950 | 2.89 | 13 |
| 2026-06-17 | 1 | 2750 | 950 | 2.89 | 14 |
| 2026-06-18 | 1 | 2750 | 950 | 2.89 | 15 |
| 2026-06-19 | 1 | 2750 | 950 | 2.89 | 16 |
| 2026-06-20 | 1 | 2750 | 950 | 2.89 | 17 |
| 2026-06-21 | 1 | 2750 | 950 | 2.89 | 18 |
| 2026-06-22 | 1 | 2750 | 950 | 2.89 | 19 |
| 2026-06-23 | 1 | 2750 | 950 | 2.89 | 20 |
| 2026-06-24 | 1 | 2750 | 950 | 2.89 | 21 |
| 2026-06-25 | 1 | 2750 | 950 | 2.89 | 22 |
| 2026-06-26 | 1 | 2750 | 950 | 2.89 | 23 |
| 2026-06-27 | 1 | 2750 | 950 | 2.89 | 24 |
| 2026-06-28 | 1 | 2750 | 950 | 2.89 | 25 |
| 2026-06-29 | 1 | 2750 | 950 | 2.89 | 26 |
| 2026-06-30 | 1 | 2750 | 950 | 2.89 | 27 |
| 2026-07-01 | 1 | 2750 | 950 | 2.89 | 28 |
| 2026-07-02 | 2 | 2875 | 1025 | 2.81 | 15 |
| 2026-07-03 | 2 | 2875 | 1025 | 2.81 | 16 |
| 2026-07-04 | 2 | 2875 | 1025 | 2.81 | 17 |
| 2026-07-05 | 2 | 2875 | 1025 | 2.81 | 18 |
| 2026-07-06 | 2 | 2875 | 1025 | 2.81 | 19 |
| 2026-07-07 | 2 | 2875 | 1025 | 2.81 | 20 |
| 2026-07-08 | 2 | 2875 | 1025 | 2.81 | 21 |
| 2026-07-09 | 2 | 2875 | 1025 | 2.81 | 22 |
| 2026-07-10 | 2 | 2875 | 1025 | 2.81 | 23 |
| 2026-07-11 | 2 | 2875 | 1025 | 2.81 | 24 |
| 2026-07-12 | 2 | 2875 | 1025 | 2.81 | 25 |
| 2026-07-13 | 2 | 2875 | 1025 | 2.81 | 26 |
| 2026-07-14 | 3 | 2833 | 1000 | 2.84 | 18 |
| 2026-07-15 | 3 | 2833 | 1000 | 2.84 | 19 |
| 2026-07-16 | 3 | 2833 | 1000 | 2.84 | 20 |
| 2026-07-17 | 3 | 2833 | 1000 | 2.84 | 21 |
| 2026-07-18 | 3 | 2833 | 1000 | 2.84 | 22 |
| 2026-07-19 | 3 | 2833 | 1000 | 2.84 | 23 |
| 2026-07-20 | 3 | 2833 | 1000 | 2.84 | 24 |
| 2026-07-21 | 3 | 2833 | 1000 | 2.84 | 25 |
| 2026-07-22 | 3 | 2833 | 1000 | 2.84 | 26 |
| 2026-07-23 | 3 | 2833 | 1000 | 2.84 | 27 |
| 2026-07-24 | 4 | 2925 | 1125 | 2.66 | 21 |
| 2026-07-25 | 4 | 2925 | 1125 | 2.66 | 22 |
| 2026-07-26 | 4 | 2925 | 1125 | 2.66 | 23 |
| 2026-07-27 | 4 | 2925 | 1125 | 2.66 | 24 |
| 2026-07-28 | 4 | 2925 | 1125 | 2.66 | 25 |
| 2026-07-29 | 4 | 2925 | 1125 | 2.66 | 26 |
| 2026-07-30 | 3 | 2983 | 1183 | 2.59 | 30 |
| 2026-07-31 | 3 | 2983 | 1183 | 2.59 | 31 |
| 2026-08-01 | 3 | 2983 | 1183 | 2.59 | 32 |
| 2026-08-02 | 3 | 2983 | 1183 | 2.59 | 33 |
| 2026-08-03 | 3 | 2983 | 1183 | 2.59 | 34 |
| 2026-08-04 | 3 | 2983 | 1183 | 2.59 | 35 |
| 2026-08-05 | 3 | 2983 | 1183 | 2.59 | 36 |
| 2026-08-06 | 3 | 2983 | 1183 | 2.59 | 37 |
| 2026-08-07 | 3 | 2983 | 1183 | 2.59 | 38 |
| 2026-08-08 | 3 | 2983 | 1183 | 2.59 | 39 |
| 2026-08-09 | 3 | 2983 | 1183 | 2.59 | 40 |
| 2026-08-10 | 3 | 2983 | 1183 | 2.59 | 41 |
| 2026-08-11 | 3 | 2983 | 1183 | 2.59 | 42 |
| 2026-08-12 | 3 | 2983 | 1183 | 2.59 | 43 |
| 2026-08-13 | 3 | 2983 | 1183 | 2.59 | 44 |
| 2026-08-14 | 3 | 2983 | 1183 | 2.59 | 45 |
| 2026-08-15 | 3 | 2983 | 1183 | 2.59 | 46 |
| 2026-08-16 | 3 | 2983 | 1183 | 2.59 | 47 |
| 2026-08-17 | 3 | 2983 | 1183 | 2.59 | 48 |
| 2026-08-18 | 3 | 2983 | 1183 | 2.59 | 49 |
| 2026-08-19 | 3 | 2900 | 817 | 4.33 | 42 |
| 2026-08-20 | 3 | 2900 | 817 | 4.33 | 43 |
| 2026-08-21 | 2 | 2975 | 750 | 5.05 | 26 |
| 2026-08-22 | 1 | 2950 | 400 | 7.38 | 3 |
| 2026-08-23 | 1 | 2950 | 400 | 7.38 | 4 |
| 2026-08-24 | 1 | 2950 | 400 | 7.38 | 5 |
| 2026-08-25 | 1 | 2950 | 400 | 7.38 | 6 |
| 2026-08-26 | 1 | 2950 | 400 | 7.38 | 7 |
| 2026-08-27 | 1 | 2950 | 400 | 7.38 | 8 |
| 2026-08-28 | 1 | 2950 | 400 | 7.38 | 9 |
| 2026-08-29 | 1 | 2950 | 400 | 7.38 | 10 |
| 2026-08-30 | 1 | 2950 | 400 | 7.38 | 11 |
| 2026-08-31 | 1 | 2950 | 400 | 7.38 | 12 |
12-Month Market Dynamics & Trend Trajectory
Centre IV at 400 Webb Drive has recorded a lifetime leasing volume of 5 transactions with an average monthly rent of $2,790 per month, an average rate of $2.73 per square foot, and an average suite size of 1,035 square feet. Average days on market stand at 38 days, reflecting moderate tenant turnover across the Conservatory Group building. Pricing discipline at the property heavily favors prospective tenants, with 80.0% of transactions closing below asking price. The net negotiation spread reflects an average discount of $59 per month, or 2.09% off asking, delivering tangible tenant savings and proving that landlords faced pushback on price when listing above market value.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-24 | 1 | 2700 | 900 | 3.00 | 16 |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 1 | 2950 | 1275 | 2.31 | 30 |
| 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 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 2750 | 950 | 2.89 | 16 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 2 | 2775 | 1025 | 2.71 | 65 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Centre IV at 400 Webb Drive competes directly with a balanced mix of established residential towers and newly completed developments in the Mississauga City Centre micro-market, including The Platinum Condos at 350 Webb Drive N (located 0.07 kilometers away, built in 1990, with 3 active listings), M2 - M City 2 at 3883 Quartz Rd (located 0.09 kilometers away, built in 2024, with 77 active listings), M City - Phase 1 at 3900 Confederation Pkwy (located 0.15 kilometers away, built in 2024, with 100 active listings), and Monarchy at 335 Webb Drive (located 0.24 kilometers away, built in 1991, with 8 active listings). This competitive set highlights a clear generational split between mature 1990s construction and high-density 2024 master-planned towers. Across these immediate competitors, the broader micro-market averages $2,575 per month at $3.19 per square foot across an average suite size of 886 square feet. Centre IV stands out by offering larger, traditional floor plans that deliver more square footage at a lower rate per square foot compared to the newly constructed master-planned inventory nearby, while tracking closely with its 1990s contemporaries on Webb Drive.
Comparable Analysis & Questions
How do rental rates at Centre IV compare to neighbouring buildings within Mississauga City Centre?
Centre IV achieves an average lease rent of $2,790 per month, trading slightly above the overall competitive set average of $2,575 per month due to its larger average suite size of 1,035 square feet. Direct peer performance varies across the immediate neighborhood: The Platinum Condos (350 Webb Drive N) reports an average lease rent of $2,567 per month at $2.14 per square foot across 1,200 square feet; M2 - M City 2 (3883 Quartz Rd) records an average lease rent of $2,475 per month at $3.84 per square foot across 677 square feet; M City - Phase 1 (3900 Confederation Pkwy) averages $2,413 per month at $3.79 per square foot across 659 square feet; and Monarchy (335 Webb Drive) leases at an average of $2,843 per month at $2.98 per square foot across 1,006 square feet.
Does Centre IV offer a competitive price-per-square-foot ($/SF) against local comparables?
Centre IV provides a compelling value proposition by offering larger floor plans at a lower rate per square foot than compact new builds, leasing at an average of $2.73 per square foot against a submarket average asking benchmark of $3.64 per square foot. Renters at Centre IV trade sleek, ultra-dense layouts found in 2024 completions like M2 - M City 2 ($3.84 per square foot across 677 square feet) and M City - Phase 1 ($3.79 per square foot across 659 square feet) for significantly more interior volume, averaging 1,035 square feet. When compared to 1990s peers, Centre IV remains competitive, trading near Monarchy (which averages $2.98 per square foot across 1,006 square feet) while offering superior interior square footage relative to newer high-rise alternatives.
How do building age, amenities, and developer reputation impact rent spreads?
Centre IV delivers an extensive recreational lifestyle profile that rivals newer master-planned developments by offering a robust package of traditional and active amenities. Residents enjoy signature features including an indoor pool, a dedicated shuttle service, a squash and racquetball court, a tennis and pickleball court, and a comprehensive gym and fitness centre. While newer competitors like M2 - M City 2 introduce modern additions such as a pet wash station, a yoga studio, and a spin studio, Centre IV outpaces them in traditional recreational space by providing dedicated racquet courts, multi-sport facilities, and an indoor pool that are rarely replicated in post-2020 construction. This amenity lineup particularly serves families, long-term residents, and active professionals seeking comprehensive on-site recreational infrastructure without sacrificing square footage.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Centre IV.
Building Amenities
- Concierge & Security
- Shuttle Service
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Basketball Court
- Tennis & Pickleball Court
- Squash & Racquetball Court
- Party & Lounge Room
- Meeting Room
- Media & Theatre Room
- Games & Billiards Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
Residential Buildings in the Vicinity
- The Platinum Condos69 m
- M2 - M City 292 m
- M City - Phase 1154 m
- Monarchy245 m
- Monarchy253 m
- Ultra Ovation277 m
- M City 3 Condominium280 m
- Parkside Village - PSV283 m
- Club One318 m
- Grand Ovation337 m
- The Phoenix343 m
- Parkside Village - PSV 2352 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Centre IV.
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.
