Market Data as of August 31, 2026
45 Silverstone Condos — Rental Market Data
Last Lease
2-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
45 Silverstone Condos is an established residential building located at 45 Silverstone Drive in the Etobicoke North neighborhood of Etobicoke. Completed in 1976, this 112-suite community currently registers zero active listings, resulting in an availability rate of 0% as of August 31, 2026. Over the past 90 days, the building recorded 1 closed lease with an average days on market of 36, while the past 30 days recorded 0 closed leases with an average days on market of 0.
Historical leasing data shows realized 90-day leases averaging $2,650 per month at a rate of $2.41 per square foot, compared to lifetime realized leases averaging $2,700 per month at $3.14 per square foot across an average suite size of 905 square feet. Because there are no active listings currently on the market, active pricing comparisons cannot be established against historical leases or the Etobicoke North submarket asking benchmark of $2,396 per month and $3.71 per square foot.
Marketing friction remains minimal for the property, with unrented units historically asking at realized lease parity and tenants securing an average discount of $63 per month (a 2.27% discount) below asking across past lease agreements. Prospective tenants currently face zero available inventory across all layout tiers, requiring monitoring for future listings as suites become vacant.
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Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-04-27 | 2 | 3000 | 1005 | 3.20 | 24 |
| 2026-04-28 | 2 | 3000 | 1005 | 3.20 | 25 |
| 2026-04-29 | 2 | 3000 | 1005 | 3.20 | 26 |
| 2026-04-30 | 2 | 3000 | 1005 | 3.20 | 27 |
| 2026-05-01 | 2 | 3000 | 1005 | 3.20 | 28 |
| 2026-05-02 | 1 | 3200 | 1300 | 2.46 | 46 |
| 2026-05-07 | 1 | 2725 | 1100 | 2.48 | N/A |
| 2026-05-08 | 1 | 2725 | 1100 | 2.48 | 1 |
| 2026-05-09 | 1 | 2725 | 1100 | 2.48 | 2 |
| 2026-05-10 | 1 | 2725 | 1100 | 2.48 | 3 |
| 2026-05-11 | 1 | 2725 | 1100 | 2.48 | 4 |
| 2026-05-12 | 1 | 2725 | 1100 | 2.48 | 5 |
| 2026-05-13 | 1 | 2725 | 1100 | 2.48 | 6 |
| 2026-05-14 | 1 | 2725 | 1100 | 2.48 | 7 |
| 2026-05-15 | 1 | 2725 | 1100 | 2.48 | 8 |
| 2026-05-16 | 1 | 2725 | 1100 | 2.48 | 9 |
| 2026-05-17 | 1 | 2725 | 1100 | 2.48 | 10 |
| 2026-05-18 | 1 | 2725 | 1100 | 2.48 | 11 |
| 2026-05-19 | 1 | 2725 | 1100 | 2.48 | 12 |
| 2026-05-20 | 1 | 2725 | 1100 | 2.48 | 13 |
| 2026-05-21 | 1 | 2725 | 1100 | 2.48 | 14 |
| 2026-05-22 | 1 | 2725 | 1100 | 2.48 | 15 |
| 2026-05-23 | 1 | 2725 | 1100 | 2.48 | 16 |
| 2026-05-24 | 1 | 2725 | 1100 | 2.48 | 17 |
| 2026-05-25 | 1 | 2725 | 1100 | 2.48 | 18 |
| 2026-05-26 | 1 | 2725 | 1100 | 2.48 | 19 |
| 2026-05-27 | 1 | 2725 | 1100 | 2.48 | 20 |
| 2026-05-28 | 1 | 2725 | 1100 | 2.48 | 21 |
| 2026-05-29 | 1 | 2725 | 1100 | 2.48 | 22 |
| 2026-05-30 | 1 | 2725 | 1100 | 2.48 | 23 |
| 2026-05-31 | 1 | 2725 | 1100 | 2.48 | 24 |
| 2026-06-01 | 1 | 2725 | 1100 | 2.48 | 25 |
| 2026-06-02 | 1 | 2725 | 1100 | 2.48 | 26 |
| 2026-06-03 | 1 | 2725 | 1100 | 2.48 | 27 |
| 2026-06-04 | 1 | 2725 | 1100 | 2.48 | 28 |
| 2026-06-05 | 1 | 2725 | 1100 | 2.48 | 29 |
| 2026-06-06 | 1 | 2725 | 1100 | 2.48 | 30 |
| 2026-06-07 | 1 | 2725 | 1100 | 2.48 | 31 |
| 2026-06-08 | 1 | 2725 | 1100 | 2.48 | 32 |
| 2026-06-09 | 1 | 2725 | 1100 | 2.48 | 33 |
| 2026-06-10 | 1 | 2725 | 1100 | 2.48 | 34 |
| 2026-06-11 | 1 | 2725 | 1100 | 2.48 | 35 |
| 2026-08-11 | 1 | 1200 | 1100 | 1.09 | N/A |
| 2026-08-12 | 1 | 1200 | 1100 | 1.09 | 1 |
| 2026-08-13 | 1 | 1200 | 1100 | 1.09 | 2 |
| 2026-08-14 | 1 | 1200 | 1100 | 1.09 | 3 |
| 2026-08-15 | 1 | 1200 | 1100 | 1.09 | 4 |
| 2026-08-16 | 1 | 1200 | 1100 | 1.09 | 5 |
| 2026-08-17 | 1 | 1200 | 1100 | 1.09 | 6 |
| 2026-08-18 | 1 | 1200 | 1100 | 1.09 | 7 |
| 2026-08-19 | 1 | 1200 | 1100 | 1.09 | 8 |
| 2026-08-20 | 1 | 1200 | 1100 | 1.09 | 9 |
| 2026-08-21 | 1 | 1200 | 1100 | 1.09 | 10 |
| 2026-08-22 | 1 | 1200 | 1100 | 1.09 | 11 |
| 2026-08-23 | 1 | 1200 | 1100 | 1.09 | 12 |
| 2026-08-24 | 1 | 1200 | 1100 | 1.09 | 13 |
| 2026-08-25 | 1 | 1200 | 1100 | 1.09 | 14 |
| 2026-08-26 | 1 | 1200 | 1100 | 1.09 | 15 |
| 2026-08-27 | 1 | 1200 | 1100 | 1.09 | 16 |
| 2026-08-28 | 1 | 1200 | 1100 | 1.09 | 17 |
12-Month Market Dynamics & Trend Trajectory
At 45 Silverstone Condos, lifetime leasing volume reached 2 closed transactions with an average monthly rent of $2,700 per month, a rate of $3.14 per square foot, an average suite size of 905 square feet, and an average days on market of 24 days. Tenant turnover remained limited due to the established residential profile of the Etobicoke North submarket. Transaction distribution showed 100% of deals closing below asking, yielding a net negotiation spread of -$63 per month or 2.27% below list price. This delivered $756 in annual tenant savings and established clear tenant leverage across the asset.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 1 | 2750 | 710 | 3.87 | 11 |
| 2026-05-03 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 1 | 2650 | 1100 | 2.41 | 36 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
45 Silverstone Condos is evaluated against a direct competitive set of multi-residential properties in Etobicoke North, featuring Stevenson Manor Condos at 49 Silverstone Drive (0.07 kilometers away, completed in 1972, with 0 active listings), 2645 Kipling Avenue Condos (0.48 kilometers away, completed in 1978, with 3 active listings), 1901 Martin Grove Road (0.6 kilometers away, completed in 1970, with 1 active listing), and Etobicoke on the Humber II at 5 Rowntree Rd (0.78 kilometers away, completed in 1993, with 5 active listings). Built in 1976, the subject building sits comfortably within the mature residential stock of this Etobicoke micro-market, sharing a similar architectural generation with its immediate neighbors on Silverstone Drive and Kipling Avenue. Across the micro-market, comparable properties register an average lease rent of $2,743 per month, an average rate of $2.51 per square foot, and an average suite size of 1,102 square feet. Within this benchmark framework, 45 Silverstone Condos positions itself as a well-established, mid-scale condominium option that balances traditional suite layouts with competitive pricing relative to newer developments like the 1993-completed Etobicoke on the Humber II, while remaining aligned with the age-driven value of 1970s-era Etobicoke housing stock.
Comparable Analysis & Questions
How do rental rates at 45 Silverstone Condos compare to neighbouring buildings within Etobicoke North?
45 Silverstone Condos records an average lease rent of $2,700 per month, closely aligning with the micro-market average of $2,743 per month alongside benchmarks such as 2645 Kipling Avenue Condos, 1901 Martin Grove, and Etobicoke on the Humber II. Individual competitor performance includes 2645 Kipling Avenue Condos at 2645 Kipling Avenue with an average lease rent of $2,667 per month, $2.42 per square foot, and an average square footage of 1,100 square feet. Furthermore, 1901 Martin Grove at 1901 Martin Grove Road reports an average lease rent of $2,599 per month, $2.74 per square foot, and an average square footage of 950 square feet. Etobicoke on the Humber II at 5 Rowntree Rd posts an average lease rent of $2,964 per month, $2.38 per square foot, and an average square footage of 1,257 square feet. Stevenson Manor Condos at 49 Silverstone Drive operates with 0 closed leases in the past 180 days, meaning active lease metrics are unavailable.
Does 45 Silverstone Condos offer a competitive price-per-square-foot ($/SF) against local comparables?
45 Silverstone Condos delivers its value proposition through a balanced rate of $3.14 per square foot across an average suite size of 905 square feet, comparing favorably against submarket alternatives that average $3.46 per square foot. Renters evaluating 45 Silverstone Condos trade off slightly more compact, efficiently managed floor plans for attractive monthly lease rates when compared against the larger 1,257 square foot footprints found at Etobicoke on the Humber II trading at $2.38 per square foot, or the 1,100 square foot layouts at 2645 Kipling Avenue Condos leasing at $2.42 per square foot. Similarly, 1901 Martin Grove offers a 950 square foot average at $2.74 per square foot, illustrating that the subject building maintains competitive pricing dynamics within its immediate residential cluster.
How do building age, amenities, and developer reputation impact rent spreads?
45 Silverstone Condos provides a robust selection of lifestyle features, including a Concierge & Security, a Gym & Fitness Centre, an Outdoor Pool, a Sauna & Steam Room, a Party & Lounge Room, and a dedicated Pet Wash Station. When contrasted with nearby peers, the subject property's pet wash and outdoor pool facilities outpace older, more basic competitors like 1901 Martin Grove Road, which is limited to a shared laundry room, concierge, and gym. Meanwhile, the building matches the comprehensive recreational scale of 2645 Kipling Avenue Condos and Etobicoke on the Humber II—both of which feature indoor pools, tennis or pickleball courts, and party rooms—while delivering a specialized, modern amenity package tailored to pet owners and fitness enthusiasts seeking established community living in Etobicoke North.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around 45 Silverstone Condos.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Outdoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Pet Wash Station
Residential Buildings in the Vicinity
- Stevenson Manor Condos72 m
- 2645 Kipling Avenue Condos478 m
- 1901 Martin Grove601 m
- Etobicoke on the Humber II779 m
- Etobicoke on the Humber III809 m
- Etobicoke on the Humber I854 m
- Rowntree Mills1.5 km
- Cascades II1.6 km
- Cloud 91.6 km
- The Consulate I1.6 km
- Swiss Court1.7 km
- Cascades I1.7 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for 45 Silverstone Condos.
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.
