Parkwood Residences — Rental Market Data

Parkwood Residences has 2 active listings as of August 31, 2026, with an asking price range between $1,950 and $2,400 per month, an average asking rent of $2,175 per month, and a median asking rent of $2,175 per month. Active suites feature an average size of 825 square feet and an average asking rate of $2.86 per square foot. The inventory distribution is split evenly, with 1-Bedroom and 2-Bedroom + Den layouts each commanding a 50% dominant active inventory share.

The dominant active layouts at Parkwood Residences are 1-Bedroom and 2-Bedroom + Den configurations, each accounting for 1 active listing and a 50% inventory share percentage. The 1-Bedroom tier features an average rent of $1,950 per month across an average size of 550 square feet, asking $3.55 per square foot. The 2-Bedroom + Den tier averages $2,400 per month across an average size of 1,100 square feet, asking $2.18 per square foot.

Parkwood Residences exhibits a minimum entry rent of $1,950 per month and a peak asking rent of $2,400 per month, representing a dollar spread of $450 per month and a percentage spread of 23.1%. The median asking rent sits at $2,175 per month. The entry-level tier consists of a 1-Bedroom suite measuring 550 square feet and asking $3.55 per square foot, while the peak tier is represented by a 2-Bedroom + Den suite measuring 1,100 square feet and asking $2.18 per square foot.

Parkwood Residences has insufficient active data to isolate den premiums or square footage deltas between layout tiers. Active parking premiums cannot be reliably isolated due to an insufficient paired sample, and parking fees cannot be definitively quantified.

Parkwood Residences features an average asking rent of $2,175 per month at $2.86 per square foot, compared to the Oshawa submarket asking benchmark of $2,004 per month at $3.29 per square foot. The building's higher nominal monthly rent is driven by more expansive suite sizing rather than elevated unit pricing. The building asking rate per square foot stands 13.1% below the submarket asking benchmark, representing 4% of total submarket active inventory.

Parkwood Residences achieves an average lease rent of $1,800 per month, trading below the overall competitive set average of $2,108 per month across its direct Oshawa benchmark buildings. Individual performance across nearby alternatives highlights distinct pricing tiers: McLaughlin Square reports an average lease rent of $2,100 per month at $1.91 per square foot across 1,100 square feet; 80 Bond records an average lease rent of $2,156 per month at $3.56 per square foot across 610 square feet; 80 Athol E logs an average lease rent of $1,550 per month at $2.07 per square foot across 750 square feet; and 100 Bond East posts an average lease rent of $2,625 per month at $2.71 per square foot across 975 square feet.

Parkwood Residences establishes its value proposition by offering an average active rate of $2.86 per square foot across an average suite size of 825 square feet, positioning it competitively against older and newer micro-market alternatives. Renters evaluating the building versus 80 Bond encounter a more favorable rate per square foot, as 80 Bond commands a steeper $3.56 per square foot across smaller 610-square-foot footprints. Conversely, while McLaughlin Square offers larger 1,100-square-foot layouts at a lower $1.91 per square foot, Parkwood Residences delivers a mid-2000s construction vintage that balances modern suite efficiencies with manageable utility burdens, avoiding the spatial overhead of 1970s high-rises while undercutting the premium pricing found in newer mid-rise alternatives.

Parkwood Residences delivers a well-rounded suite of building amenities that emphasizes security, active wellness, and social spaces for its resident base. The property features signature offerings including Concierge & Security, a fully equipped Gym & Fitness Centre, a relaxing Sauna & Steam Room, a spacious Party & Lounge Room, and dedicated Games & Billiards and Meeting Rooms. When contrasted with nearby peers, Parkwood Residences matches the robust security found at McLaughlin Square and 80 Bond, while providing specialized wellness spaces that rival 80 Athol E. Unlike 80 Bond, which integrates modern additions like a Pet Wash Station and Rooftop Terrace, Parkwood Residences focuses its amenity program on traditional indoor comforts, making it ideally suited for professionals and couples seeking reliable on-site fitness and social infrastructure without the high maintenance fees of newer towers.