Market Data as of August 31, 2026
The Prince Edward — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Prince Edward at 4196 Dundas St W in Etobicoke's Kingsway submarket is a fully occupied residential building completed by Dali Homes in 2007, comprising 74 suites with zero units currently listed for rent as of August 31, 2026. The building's availability rate sits at 0 percent, and recent leasing activity shows two closed leases within the trailing 90-day window, each averaging 13 days on market before signing. No delisted, terminated, or expired listings have been recorded, indicating a clean leasing history with no marketing friction on the books.
With no active asking rents to benchmark, the most recent realized data shows tenants paying an average of $2,550 per month at $3.03 per square foot across 842-square-foot suites. That realized rate per square foot runs 19.4 percent below the Kingsway submarket's average lease rate of $3.76 per square foot and sits well under the submarket's current asking benchmark of $3.82 per square foot. The dominant leased layout is a one-bedroom plus den configuration, accounting for 100 percent of tracked closed transactions in this small two-lease sample.
Tenants negotiating at The Prince Edward secured an average concession of $63 per month, or 2.38 percent below asking, across all tracked closed leases, translating to roughly $756 in annual savings per unit. The 13-day average time to lease compares favorably against the Kingsway submarket's 24-day benchmark, suggesting landlords at this address move quickly when a unit does open. Prospective renters should monitor the broader Kingsway submarket, which currently carries 16 active listings, as The Prince Edward offers no available inventory at this time.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-06-03 | 1 | 2675 | 850 | 3.15 | N/A |
| 2026-06-04 | 1 | 2675 | 850 | 3.15 | 1 |
| 2026-06-05 | 1 | 2675 | 850 | 3.15 | 2 |
| 2026-06-06 | 1 | 2675 | 850 | 3.15 | 3 |
| 2026-06-07 | 1 | 2675 | 850 | 3.15 | 4 |
| 2026-06-08 | 1 | 2675 | 850 | 3.15 | 5 |
| 2026-06-09 | 1 | 2675 | 850 | 3.15 | 6 |
| 2026-06-10 | 1 | 2675 | 850 | 3.15 | 7 |
| 2026-06-11 | 1 | 2675 | 850 | 3.15 | 8 |
| 2026-06-12 | 1 | 2675 | 850 | 3.15 | 9 |
| 2026-06-13 | 1 | 2675 | 850 | 3.15 | 10 |
| 2026-06-14 | 1 | 2675 | 850 | 3.15 | 11 |
| 2026-06-15 | 1 | 2675 | 850 | 3.15 | 12 |
| 2026-06-16 | 1 | 2675 | 850 | 3.15 | 13 |
| 2026-06-17 | 1 | 2675 | 850 | 3.15 | 14 |
| 2026-06-18 | 1 | 2675 | 850 | 3.15 | 15 |
| 2026-06-19 | 1 | 2675 | 850 | 3.15 | 16 |
| 2026-06-20 | 1 | 2675 | 850 | 3.15 | 17 |
| 2026-06-21 | 1 | 2675 | 850 | 3.15 | 18 |
| 2026-06-22 | 1 | 2675 | 850 | 3.15 | 19 |
| 2026-07-21 | 1 | 2550 | 833 | 3.06 | N/A |
| 2026-07-22 | 1 | 2550 | 833 | 3.06 | 1 |
| 2026-07-23 | 1 | 2550 | 833 | 3.06 | 2 |
| 2026-07-24 | 1 | 2550 | 833 | 3.06 | 3 |
| 2026-07-25 | 1 | 2550 | 833 | 3.06 | 4 |
| 2026-07-26 | 1 | 2550 | 833 | 3.06 | 5 |
12-Month Market Dynamics & Trend Trajectory
The Prince Edward's realized average rent of $2,550 per month sits $154 below the Etobicoke Kingsway submarket average of $2,704, and its $3.03 per square foot rate trades 19.4% under the submarket benchmark of $3.76 per square foot. This positions the building as a value-oriented option within a submarket where active asking rents average $3,096 per month at $3.82 per square foot, giving tenants a meaningful entry-point discount relative to both leased and asking benchmarks. Pricing discipline at The Prince Edward leans decisively toward tenant leverage. Both tracked leases closed below asking, with 100% of transactions settling under the listed price and an average concession of $63 per month (2.38%). The annualized tenant savings of $756 per unit confirm that landlords are absorbing a modest discount to secure occupancy rather than holding firm at list. This is a small-sample directional read (two leases), but the consistent under-asking pattern signals that asking prices at this property carry built-in negotiation room.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-06-21 | 1 | 2600 | 850 | 3.06 | 20 |
| 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 | 2500 | 833 | 3.00 | 6 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
The Prince Edward at 4196 Dundas St W sits in a tightly clustered Etobicoke Kingsway pocket where three active competitors and one zero-transaction reference building define the immediate rental landscape. Kingsway by the River (20 Brin Dr, 0.1 km, built in 2022) recorded 6 closed leases over the trailing 180 days, while Kingsway by the River 2 (4208 Dundas St W, 0.1 km, built in 2022) logged 5 closed leases in the same window. Kingsway (160 Kingsway Cres, 0.3 km, built in 2024) generated 7 closed leases, the highest volume in the set. The Essence (25 Earlington Ave, 0.23 km, built in 2007) recorded zero lease transactions over the past 180 days and serves strictly as an architectural and amenity reference rather than an active pricing benchmark. The Prince Edward, built in 2007 by Dali Homes with 74 suites, shares its completion era with The Essence but competes directly against three newer 2022-to-2024 deliveries that collectively account for 18 closed leases in the trailing half-year. Across the three active comparables, the overall benchmark averages $2,560 per month in realized rent, $4.00 per square foot, and 661 square feet of interior space. The Prince Edward's realized lease metrics of $2,550 per month and 842 square feet place it marginally below the comp average on nominal rent while delivering substantially more interior footprint—roughly 181 square feet above the comp mean. At $3.03 per square foot, the subject trades at a meaningful discount to the $4.00 comp average, a gap driven entirely by its larger suite configuration rather than a weaker asset valuation. Against the broader Etobicoke Kingsway submarket benchmark of $2,704 per month and $3.76 per square foot, the subject's 2007-era construction and 842-square-foot layouts position it as a space-maximizing alternative for renters who prioritize interior volume over the newer finishes and amenity density of the 2022-to-2024 cohort.
Comparable Analysis & Questions
How do rental rates at The Prince Edward compare to neighbouring buildings within Etobicoke Kingsway?
The Prince Edward's average realized lease rent of $2,550 per month sits $10 below the overall comp benchmark of $2,560, with the spread varying sharply across individual competitors. Kingsway by the River (20 Brin Dr, 0.1 km) recorded 6 closed leases at an average of $2,558 per month, $4.12 per square foot, and 650 square feet, placing the subject's rent $8 lower than the comp. Kingsway by the River 2 (4208 Dundas St W, 0.1 km) logged 5 closed leases averaging $2,880 per month, $3.79 per square foot, and 775 square feet, meaning the subject trades at a $330 lower monthly rent. Kingsway (160 Kingsway Cres, 0.3 km) generated 7 closed leases at $2,242 per month, $4.09 per square foot, and 557 square feet, where the subject's realized rent is $308 higher than the comp. The Essence (25 Earlington Ave, 0.23 km) recorded zero closed leases over the trailing 180 days and therefore carries no realized rent benchmark against which to compare.
Does The Prince Edward offer a competitive price-per-square-foot ($/SF) against local comparables?
The Prince Edward leases at $3.03 per square foot across an average 842-square-foot suite, a combination that undercuts every active competitor on a per-area basis while delivering the largest interior footprint in the immediate pocket. Against Kingsway by the River (20 Brin Dr, 0.1 km), the subject trades at a $1.09-per-square-foot discount (26.5% below the comp's $4.12 rate) and provides 192 more interior square feet, so the $8-per-month lower nominal rent reflects the larger footprint priced at a lower area rate rather than a weaker asset valuation. Kingsway by the River 2 (4208 Dundas St W, 0.1 km) shows a similar pattern: the subject offers a $0.76-per-square-foot discount (20.1% below $3.79) with 67 additional square feet, and the $330-per-month lower rent is a direct function of the lower per-area rate despite the slightly larger suite. Kingsway (160 Kingsway Cres, 0.3 km) inverts the nominal picture—the subject's $2,550 rent is $308 higher than the comp's $2,242—yet the subject still trades at a $1.06-per-square-foot discount (25.9% below $4.09) and provides 285 more square feet, confirming that the higher monthly figure is entirely a footprint effect rather than a per-unit-area premium. The Essence (25 Earlington Ave, 0.23 km) recorded zero lease transactions in the past 180 days and offers no square-footage or rate benchmark for comparison.
How do building age, amenities, and developer reputation impact rent spreads?
The Prince Edward provides a nine-item lifestyle package anchored by a concierge desk, gym, party lounge, meeting room, library, games and billiards room, BBQ terrace, garden courtyard, and an in-building dry cleaning service—a combination that differentiates it from every nearby competitor. The dry cleaning service is the single amenity absent from all four comparables, giving the subject a convenience edge that no 2022-to-2024 peer replicates. Kingsway by the River (20 Brin Dr) counters with a rooftop terrace, media and theatre room, outdoor children's playground, and pet wash station that the subject does not offer, while Kingsway (160 Kingsway Cres) adds a yoga studio and in-house art gallery. The Essence (25 Earlington Ave), though a zero-transaction reference, lists a sauna and steam room plus a car wash bay that the subject lacks. The Prince Edward's package—ground-level garden and BBQ access, a dedicated games room, and the convenience of on-site dry cleaning—best serves cost-conscious professionals and small households who want a full-featured, low-maintenance residential experience without paying the premium embedded in the newer 2022-to-2024 builds.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Prince Edward.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Party & Lounge Room
- Meeting Room
- Library & Reading Room
- Games & Billiards Room
- BBQ Area
- Garden & Courtyard
- Dry Cleaning Service
Residential Buildings in the Vicinity
- Kingsway Village Square87 m
- Kingsway by the River97 m
- Kingsway by the River 2101 m
- The Essence227 m
- Kingsway300 m
- The James Club450 m
- Edenbridge Residences621 m
- 293 The Kingsway 1789 m
- Kingsway Regent1.0 km
- 4 The Kingsway1.5 km
- The Kingsway1.5 km
- 3048a Bloor Street W1.6 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Prince Edward.
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.