Skip to Content

Market Data as of August 31, 2026

Kingsway by the River 2 — Rental Market Data

4208 Dundas St W, Etobicoke, Ontario M8X 0B2
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,400

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2022
Total Suites137
DeveloperUrban Capital & Northam Realty

Kingsway by the River 2 is located at 4208 Dundas St W in the Etobicoke Kingsway neighborhood, developed by Urban Capital & Northam Realty and completed in 2022. Comprising 137 suites, the established residential building currently maintains 1 active listing, reflecting an availability rate of 0.7 percent. Over the trailing 90-day period, the building recorded 3 closed leases averaging 14 days on the market, alongside a 30-day closed leasing volume of 1 unit averaging 8 days on the market.

Active asking rent sits at $2,400 per month with an average rate of $3.69 per square foot, compared to realized 90-day leases averaging $2,950 per month at $4.05 per square foot. Current active inventory averages 650 square feet, which is more compact than historical leases averaging 806 square feet. The active rate per square foot tracks 3.4 percent below the broader submarket asking benchmark of $3.82 per square foot.

Marketing friction remains low with active units averaging 3 days on the market, while expired listings sat for an average of 66 days before removal. Realized leasing trends indicate a tenant-favorable environment where tenants secured an average discount of $75 per month or 2.35 percent below asking. Prospective tenants will find that inventory is currently restricted to a single 1-Bedroom + Den layout tier, offering zero availability across other bedroom configurations.

Get Monthly Rental Market Updates for Kingsway by the River 2

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Kingsway by the River 2 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$2,400
-$400 (14.3%)
Avg Suite Size650 sf
0 sf
Avg Days on Market3d
-32d (91.4%)
Avg Asking $/SF$3.69
-$0.62 (14.3%)

Active Market Insights & Questions

How has rental availability changed at Kingsway by the River 2 recently?

Kingsway by the River 2 has 1 active listing as of August 31, 2026, featuring a price range of $2,400 per month, an average rent of $2,400 per month, and a median rent of $2,400 per month. The active inventory features an average size of 650 square feet and an asking rate of $3.69 per square foot. A 1-Bedroom + Den configuration makes up 100 percent of the active inventory, showing that current listings lean exclusively toward compact entry-level suites rather than multi-bedroom layouts.

What floor plans and unit layouts are currently available at Kingsway by the River 2?

The dominant active layout at Kingsway by the River 2 is the 1-Bedroom + Den, accounting for 1 active listing and a 100 percent inventory share. This single available tier spans an average of 650 square feet with an average rent of $2,400 per month and a median rent of $2,400 per month, translating to $3.69 per square foot. There are zero units currently available in any other bedroom tier.

What is the average asking rent and $/SF by suite size at Kingsway by the River 2?

Kingsway by the River 2 features a minimum entry rent of $2,400 per month and a peak asking rent of $2,400 per month, resulting in a dollar spread of $0 per month and a percentage spread of 0 percent. The median asking rent stands at $2,400 per month. The entry-level suite is a 1-Bedroom + Den spanning 650 square feet at $3.69 per square foot, which is identical to the peak suite given the single active listing currently on the market.

How much extra do parking spaces and dens cost at Kingsway by the River 2?

Kingsway by the River 2 has unquantified den premiums because the active den square footage delta is null. Active parking stall premiums cannot be reliably isolated from current listings due to an insufficient paired sample.

How do asking rents at Kingsway by the River 2 compare to local and municipal benchmarks?

Kingsway by the River 2 asks an average of $3.69 per square foot, which tracks 3.4 percent below the submarket asking benchmark of $3.82 per square foot. Although the building asking rent of $2,400 per month sits below the submarket average lease rent of $2,704 per month, this lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building accounts for 6.25 percent of the broader Etobicoke Kingsway 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 Kingsway by the River 2 (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,950
Avg Leased Size806 sf
Avg Days to Lease8d
Leased $/SF$3.69

Leased Transaction Insights & Questions

How many suites were leased at Kingsway by the River 2 last month, and how fast did they rent?

Kingsway by the River 2 recorded a 30-day average days on market of 8 days, a 90-day average of 14 days, and a broader submarket benchmark of 24 days. The building registered 1 closed lease over the past 30 days, 3 closed leases over the trailing 90 days, and 4 lifetime closed leases, indicating steady leasing turnover heading through the late summer season.

What is the negotiation spread between asking rents and closed lease prices at Kingsway by the River 2?

Kingsway by the River 2 saw units transact at an average discount of $75 per month or 2.35% off asking, saving tenants $900 per year in landlord concessions. Exactly 75.0% of leases closed under asking price, while remaining transactions settled at full asking, demonstrating mild tenant leverage across the asset.

What are typical executed lease prices across different layouts at Kingsway by the River 2?

Kingsway by the River 2 is anchored entirely by 2-bedroom floor plans, which serve as the building's dominant leased layout. The 2-Bedroom tier delivered 4 closed leases averaging $2,988 per month with a median of $2,950 per month, spanning a P25-P75 range of $2,950 to $2,988 per month. These units averaged 806 square feet at $3.80 per square foot with an average days on market of 21 days, representing a limited sample size directional reference only.

What measurable rent premium did suites with parking achieve in closed leases at Kingsway by the River 2?

Kingsway by the River 2 has insufficient paired data to isolate a realized leased parking premium. Parking amenities were bundled directly into larger suite agreements without separate line-item values, and active asking figures remain inconclusive due to limited paired samples.

How does the lease-to-listing ratio at Kingsway by the River 2 reflect current tenant demand?

Kingsway by the River 2 experienced moderate rent fluctuations across the tracked monthly timeline from spring through late summer. May 2026 recorded 1 closed deal averaging $3,100 per month at $3.03 per square foot with 39 days on market. July 2026 registered 2 closed deals averaging $2,950 per month at $4.24 per square foot with 18 days on market. August 2026 closed 1 lease averaging $2,950 per month at $3.69 per square foot with 8 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Kingsway by the River 2 (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,800
Avg Suite Size650 sf
Avg Days on Market66d
Delisted $/SF$4.31

De-Listed Market Analysis & Questions

How many listings de-listed at Kingsway by the River 2, and what was their re-listing price compared to previous asking?

Kingsway by the River 2 recorded 1 total delisted unit, representing a delisted-to-lifetime-leased ratio of 25% and a delisted-to-30-day-leased ratio of 100%. The unrented inventory breakdown consisted entirely of expired listings, with no terminated or suspended units, reflecting 1 listing pulled for every 4 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Kingsway by the River 2?

Kingsway by the River 2 recorded an average delisted asking rent of $2,800 per month, which is $150 per month below realized lease averages nominally, typically driven by smaller unit sizes. Unrented units asked $150 per month less than realized leases nominally due to smaller average floor plans, but commanded a higher rate per square foot ($4.31 per square foot versus $3.80 per square foot), demonstrating that prospective tenants rejected high density per square foot pricing.

What market friction causes rental listings to stall or de-list at Kingsway by the River 2?

Kingsway by the River 2 recorded an average delisted days on market of 66 days compared to a realized lease average of 21 days. This excess marketing duration of 45 days above lifetime performance imposes approximately 1.5 months of lost rental income plus ongoing condo maintenance fees as the carrying cost of unrented inventory.

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
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-04-27230759373.2919
2026-04-28230759373.2920
2026-04-29230759373.2921
2026-04-30230759373.2922
2026-05-01230759373.2923
2026-05-02230759373.2924
2026-05-03230759373.2925
2026-05-04230759373.2926
2026-05-05230759373.2927
2026-05-06230759373.2928
2026-05-07230759373.2929
2026-05-08230759373.2930
2026-05-09230759373.2931
2026-05-10230759373.2932
2026-05-11230759373.2933
2026-05-12230759373.2934
2026-05-13230759373.2935
2026-05-14230759373.2936
2026-05-15230759373.2937
2026-05-16230759373.2938
2026-05-17230759373.2939
2026-05-18230759373.2940
2026-05-19230759373.2941
2026-05-20230759373.2942
2026-05-21230759373.2943
2026-05-22230759373.2944
2026-05-23230759373.2945
2026-05-24230759373.2946
2026-05-25128508503.3554
2026-05-26128508503.3555
2026-05-27128508503.3556
2026-05-28128508503.3557
2026-05-29128508503.3558
2026-05-30128508503.3559
2026-05-31128508503.3560
2026-06-01128508503.3561
2026-06-02128508503.3562
2026-06-03128508503.3563
2026-06-23130007504.00N/A
2026-06-24130007504.001
2026-06-25130007504.002
2026-06-26229007004.152
2026-06-27229007004.153
2026-06-28229007004.154
2026-06-29229007004.155
2026-06-30329176834.284
2026-07-01329176834.285
2026-07-02329176834.286
2026-07-03329176834.287
2026-07-04329176834.288
2026-07-05329176834.289
2026-07-06329176834.2810
2026-07-07329176834.2811
2026-07-08329176834.2812
2026-07-09329176834.2813
2026-07-10229007004.1516
2026-07-11229007004.1517
2026-07-12229007004.1518
2026-07-13229007004.1519
2026-07-14229007004.1520
2026-07-15229007004.1521
2026-07-16229007004.1522
2026-07-17229007004.1523
2026-07-18128006504.3122
2026-07-19128006504.3123
2026-07-20128006504.3124
2026-07-21128006504.3125
2026-07-22128006504.3126
2026-07-23128006504.3127
2026-07-24128006504.3128
2026-07-25128006504.3129
2026-07-26128006504.3130
2026-07-27128006504.3131
2026-07-28128006504.3132
2026-07-29128006504.3133
2026-07-30128006504.3134
2026-07-31128006504.3135
2026-08-01128006504.3136
2026-08-02128006504.3137
2026-08-03128006504.3138
2026-08-04128006504.3139
2026-08-05128006504.3140
2026-08-06128006504.3141
2026-08-07229007254.0321
2026-08-08229007254.0322
2026-08-09229007254.0323
2026-08-10229007254.0324
2026-08-11229007254.0325
2026-08-12229007254.0326
2026-08-13229007254.0327
2026-08-14229007254.0328
2026-08-15128006504.3150
2026-08-16128006504.3151
2026-08-17128006504.3152
2026-08-18128006504.3153
2026-08-19128006504.3154
2026-08-20128006504.3155
2026-08-21128006504.3156
2026-08-22128006504.3157
2026-08-23128006504.3158
2026-08-24128006504.3159
2026-08-25128006504.3160
2026-08-26128006504.3161
2026-08-27128006504.3162
2026-08-28226006504.0032
2026-08-29226006504.0033
2026-08-30226006504.0034
2026-08-31124006503.693

12-Month Market Dynamics & Trend Trajectory

Kingsway by the River 2 has achieved a lifetime leasing volume of 4 closed transactions averaging $2,988 per month at $3.80 per square foot. Average suite size stands at 806 square feet with a lifetime days on market of 21 days, reflecting consistent tenant turnover across the asset. Pricing discipline shows that 75.0% of transactions settled below asking price while remaining deals closed at full asking. Tenants secured an average discount of $75 per month or 2.35% off initial list prices, generating annual tenant savings of $900 per year through landlord concessions and favorable tenant negotiation leverage.

Loading inventory data…

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
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

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)
2026-05-241310010243.0339
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05129506504.5410
2026-07-12129507503.9325
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-09129508003.698

Nearby Building Rental Comparables & Price Spreads

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

Kingsway by the River 2 at 4208 Dundas St W operates alongside a competitive micro-market featuring direct peers such as Kingsway by the River located 0.01 kilometers away (completed in 2022 with 6 active listings), The Prince Edward located 0.1 kilometers away (built in 2007 with 2 active listings), The Essence located 0.32 kilometers away (built in 2007 with 0 active listings), and The James Club located 0.37 kilometers away (completed in 2011 with 2 active listings). This surrounding inventory highlights a structural contrast between modern developments built in 2022 and older mid-rise alternatives established in 2007 and 2011. Across the micro-market, the overall comparable benchmark registers an average lease rent of $2,636 per month at an average rate of $3.59 per square foot across an average suite size of 756 square feet. Kingsway by the River 2 positions itself effectively within this competitive set, balancing modern construction standards and contemporary floor plan efficiencies against established neighborhood alternatives.

20 Brin Dr, Etobicoke

Avg Asking$2,995/mo
Avg $/SF$4.43
Rent Spread:
+$595/mo (+24.8%) Higher

4196 Dundas St W, Etobicoke

Avg Asking$2,525/mo
Avg $/SF$3.44
Rent Spread:
+$125/mo (+5.2%) Higher

571 Prince Edward Drive North, Etobicoke

Avg Asking$2,925/mo
Avg $/SF$4.02
Rent Spread:
+$525/mo (+21.9%) Higher

25 Earlington Ave, Etobicoke

Avg Asking$2,248/mo
Avg $/SF$4.09
Rent Spread:
-$152/mo (-6.3%) Lower

1135 Royal York Rd, Etobicoke

Avg Asking$2,525/mo
Avg $/SF$4.23
Rent Spread:
+$125/mo (+5.2%) Higher

160 Kingsway Cres, Etobicoke

Avg Asking$2,317/mo
Avg $/SF$4.09
Rent Spread:
-$83/mo (-3.4%) Lower

Comparable Analysis & Questions

How do rental rates at Kingsway by the River 2 compare to neighbouring buildings within Etobicoke Kingsway?

Kingsway by the River 2 achieves an average lease rent of $2,988 per month at $3.80 per square foot, comparing against the overall micro-market comp average of $2,636 per month and established local benchmarks. Individual performance across nearby buildings includes Kingsway by the River at 20 Brin Dr, which reports an average lease rent of $2,558 per month, $4.12 per square foot, and an average size of 650 square feet. The Prince Edward at 4196 Dundas St W records an average lease rent of $2,550 per month, $3.03 per square foot, and an average size of 842 square feet. The James Club at 1135 Royal York Rd posts an average lease rent of $2,800 per month, $3.62 per square foot, and an average size of 775 square feet. Meanwhile, The Essence at 25 Earlington Ave maintains zero closed leases in the past 180 days, so specific rental figures are not reported.

Does Kingsway by the River 2 offer a competitive price-per-square-foot ($/SF) against local comparables?

Kingsway by the River 2 establishes its value proposition by offering an average suite size of 806 square feet at $3.80 per square foot, balancing modern layout efficiency against larger older footprints in the submarket. Renters evaluating these options weigh distinct trade-offs: while older alternatives like The Prince Edward provide larger average footprints of 842 square feet at a lower rate of $3.03 per square foot, they utilize older construction standards. Conversely, Kingsway by the River 2 delivers contemporary interior finishes and modern building systems, offering a more efficient use of square footage compared to older nearby properties.

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

Kingsway by the River 2 provides a curated lifestyle package featuring a concierge and security, a gym and fitness centre, a party and lounge room, a meeting room, and a games and billiards room. When contrasted with nearby competitors, the building shares core foundational amenities like security and fitness facilities while offering distinct selections against properties such as Kingsway by the River, which includes outdoor children's play areas and a pet wash station, and The James Club, which features an indoor pool, hot tub, and golf simulator. These amenity profiles position Kingsway by the River 2 ideally for professionals and households seeking modern, low-maintenance building systems with robust everyday recreational spaces.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Kingsway by the River 2.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Kingsway by the River 2.

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.