Dunwest — Rental Market Data

Dunwest at 509 Dundas St W carries three active listings as of August 31, 2026, with asking rents ranging from $2,900 to $3,300 per month, an average of $3,167 and a median of $3,300. The active inventory averages 747 square feet at an asking rate of $4.74 per square foot, and the dominant layout is the two-bedroom, accounting for 66.7 percent of available units. Current listings lean toward mid-size two-bedroom footprints averaging 825 square feet, with a single compact den suite at 590 square feet rounding out the mix rather than a deep bench of multi-bedroom executive layouts.

The two-bedroom layout dominates Dunwest's active inventory with two listings representing 66.7 percent of available units, averaging $3,100 per month at 825 square feet and $4.32 per square foot. The two-bedroom-plus-den tier holds one listing at 33.3 percent share, asking $3,300 per month on 590 square feet at $5.59 per square foot. No one-bedroom or three-bedroom units are currently listed, leaving renters with a narrow two-tier selection across the building.

Dunwest's three active listings span a $400 spread from a minimum entry rent of $2,900 to a peak asking rent of $3,300 per month, a 13.8 percent range. The median asking rent sits at $3,300, and the entry-level suite is a two-bedroom at 1,100 square feet priced at $2.64 per square foot. At the top of the range, the peak listing is a two-bedroom-plus-den at 590 square feet commanding $5.59 per square foot, reflecting a denser footprint priced at a premium rate.

Dunwest's active den premium and associated square-footage delta cannot be quantified from the current sample, as the single den listing does not provide a paired two-bedroom comparison within the same asking cohort. Parking stall costs likewise cannot be reliably isolated from the available data, and no verified monthly parking add-on figure can be quoted for active listings at this building.

Dunwest's active asking average of $3,167 per month at $4.74 per square foot sits well above the Oakville North submarket asking benchmark of $2,581 per month at $3.62 per square foot, a 30.9 percent premium on a per-square-foot basis. The nominal rent gap is partly explained by suite sizing: Dunwest's active units average 747 square feet, 34 square feet larger than the submarket implied average of 713 square feet, so the higher headline rent reflects both a larger footprint and a steeper rate. The building's three active listings represent a small slice of the broader market, accounting for 3 out of 81 available listings in the Oakville North submarket.

Dunwest's average realized lease rent of $2,525 per month lands within one dollar of the four-comp benchmark average of $2,526, confirming that the building prices at the center of its immediate Dundas Street corridor. Against Trailside West at 407 Dundas Street W (0.1 km, one closed lease, $2,450 per month, $3.27 per square foot, 750 square feet), Dunwest commands a $75-per-month higher realized rent. Trailside 1 at 405 Dundas St W (0.43 km, 18 closed leases, $2,398 per month, $3.41 per square foot, 711 square feet) shows Dunwest trading $127 per month higher. Trailside - 2 at 395 Dundas St W (0.49 km, 31 closed leases, $2,306 per month, $3.58 per square foot, 657 square feet) reveals the widest gap, with Dunwest realizing $219 per month more. Residences of Creekshore Common at 3028 Creekshore Common (0.95 km, four closed leases, $2,948 per month, $2.90 per square foot, 1,020 square feet) is the sole competitor where Dunwest trades at a lower monthly rent—$423 per month below that 2018-built tower. All four competitors recorded at least one closed lease in the trailing 180-day window, so every figure cited here reflects realized transaction pricing rather than asking or listing data.

Dunwest leases at $3.41 per square foot across an average 757-square-foot suite, positioning it at a per-square-foot premium over Trailside West ($3.27) and Residences of Creekshore Common ($2.90), at exact parity with Trailside 1 ($3.41), and at a $0.17-per-square-foot (4.7%) discount below Trailside - 2 ($3.58). The subject provides 7 more interior square feet than Trailside West, 46 more than Trailside 1, and 100 more than Trailside - 2, while delivering 263 fewer square feet than the spacious Creekshore Common layout. Against Trailside - 2 specifically, the nominal rent is $219 higher for Dunwest tenants, yet the per-square-foot rate is actually lower—meaning the higher monthly figure is driven entirely by the subject's 100-square-foot larger footprint rather than a rate premium. Against Residences of Creekshore Common, the inverse trade-off applies: Dunwest charges $423 less per month but at a $0.51-per-square-foot (17.6%) premium, because the 263-square-foot smaller suite compresses the total bill despite the higher unit rate. Renter choice in this pocket therefore hinges on whether the priority is maximum interior space at a moderate rate (Creekshore Common) or a tighter, amenity-dense plan at a lower absolute monthly outlay (Dunwest).

Dunwest fields an 11-item amenity suite—Concierge & Security, Gym & Fitness Centre, Yoga Studio, Media & Theatre Room, Games & Billiards Room, Party & Lounge Room, Dining Room & Kitchen, Rooftop Terrace, BBQ Area, Pet Wash Station, and Lobby Wi-Fi Lounge—that overlaps heavily with its Trailside neighbours but distinguishes itself with a dedicated Lobby Wi-Fi Lounge absent from all four competitors. Trailside 1 (405 Dundas St W) counters with a Car Wash Bay and Business Centre that Dunwest does not offer, while Trailside - 2 (395 Dundas St W) includes a Garden & Courtyard not found in the subject's package. Residences of Creekshore Common (3028 Creekshore Common) provides a Business Centre and Meeting Room that Dunwest lacks, though the subject's Dining Room & Kitchen and Yoga Studio are features that Creekshore Common does not list. The practical contrast for a renter is straightforward: Dunwest wins on social-dining and wellness programming (dedicated dining kitchen, yoga studio, media/theatre room) and the convenience of a lobby Wi-Fi lounge for remote work, while Trailside 1 edges ahead on vehicle convenience and formal business facilities. This amenity mix best serves young professional and dual-income households in the 28–40 age band who prioritize a turnkey social and wellness environment, pet-friendly infrastructure, and flexible in-building work spaces over private outdoor courtyards or dedicated car-care facilities.