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Market Data as of August 31, 2026

First Home Destination Drive 2 - Building 9 — Rental Market Data

5170 Winston Churchill Blvd, Mississauga, Ontario L5M 0P2
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,700

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2011
Total Suites52
DeveloperDaniels Corporation

First Home Destination Drive 2 - Building 9, located at 5170 Winston Churchill Blvd in the Mississauga West neighborhood, is an established residential building completed in 2011 by Daniels Corporation comprising 52 total suites. The building currently features 1 active listing representing a 1.9% availability rate, alongside zero closed leases over the past 30 days and 2 closed leases over the past 90 days averaging 43 days on market.

Active asking rents average $2,700 per month at $3.18 per square foot for an 850-square-foot footprint, which contrasts with realized 90-day leases averaging $2,450 per month at $2.87 per square foot across an 875-square-foot average size, while the active rate of $3.18 per square foot sits below the Mississauga West submarket asking benchmark of $3.63 per square foot.

Marketing friction remains minimal given zero delisted or terminated listings on record alongside a balanced leasing environment where historical deals closed at an average premium of $25 per month or 0.63% above asking, and prospective tenants seeking availability will find zero 1-bedroom or 3-bedroom options as active inventory is entirely restricted to a single 2-bedroom suite.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at First Home Destination Drive 2 - Building 9 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$2,700
-$50 (1.8%)
Avg Suite Size850 sf
-250 sf (22.7%)
Avg Days on Market19d
-16d (45.7%)
Avg Asking $/SF$3.18
+$0.68 (27.1%)

Active Market Insights & Questions

How has rental availability changed at First Home Destination Drive 2 - Building 9 recently?

First Home Destination Drive 2 - Building 9 at 5170 Winston Churchill Blvd currently features 1 active listing as of August 31, 2026, with an asking price range, average rent, and median rent all locked at $2,700 per month. Average square footage for active inventory sits at 850 square feet with an asking rate of $3.18 per square foot, entirely dominated by 2-bedroom floor plans representing a 100% inventory share that skews toward multi-bedroom family layouts.

What floor plans and unit layouts are currently available at First Home Destination Drive 2 - Building 9?

The dominant active layout at First Home Destination Drive 2 - Building 9 is the 2-Bedroom tier, comprising 1 listing and a 100% inventory share. This single active 2-Bedroom layout averages $2,700 per month across 850 square feet at an asking rate of $3.18 per square foot.

What is the average asking rent and $/SF by suite size at First Home Destination Drive 2 - Building 9?

First Home Destination Drive 2 - Building 9 maintains a minimum entry rent of $2,700 per month and a peak asking rent of $2,700 per month, resulting in a dollar spread of $0 and a percentage spread of 0%. The median asking rent matches this figure at $2,700 per month, represented entirely by an 850-square-foot 2-bedroom suite asking $3.18 per square foot.

How much extra do parking spaces and dens cost at First Home Destination Drive 2 - Building 9?

First Home Destination Drive 2 - Building 9 has unquantified den data with active den premiums and square footage deltas recorded as null. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking costs cannot be reliably stated.

How do asking rents at First Home Destination Drive 2 - Building 9 compare to local and municipal benchmarks?

First Home Destination Drive 2 - Building 9 asks an average rent of $2,700 per month at $3.18 per square foot compared to the Mississauga West submarket asking average of $2,685 per month at $3.63 per square foot. The lower nominal outlay relative to submarket asking benchmarks is driven by more compact suite sizing rather than cheaper unit pricing, with the building's asking rate per square foot sitting 12.4% below the submarket asking benchmark while representing a 1.9% share of submarket 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
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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)
2026-04-27221507003.089
2026-04-28221507003.0810
2026-04-29221507003.0811
2026-04-30221507003.0812
2026-05-01121006503.239
2026-05-02121006503.2310
2026-05-03121006503.2311
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2026-05-10121006503.2318
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2026-05-17121006503.2325
2026-05-18121006503.2326
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2026-05-20121006503.2328
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2026-05-22121006503.2330
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2026-06-151275011002.50N/A
2026-06-161275011002.501
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2026-07-201275011002.5035
2026-08-12127008503.18N/A
2026-08-13127008503.181
2026-08-14127008503.182
2026-08-15127008503.183
2026-08-16127008503.184
2026-08-17127008503.185
2026-08-18127008503.186
2026-08-19127008503.187
2026-08-20127008503.188
2026-08-21127008503.189
2026-08-22127008503.1810
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2026-08-30127008503.1818
2026-08-31127008503.1819

12-Month Market Dynamics & Trend Trajectory

First Home Destination Drive 2 - Building 9 has logged a lifetime leasing volume of 2 total transactions, achieving an average monthly rent of $2,450 per month at $2.87 per square foot across an average suite size of 875 square feet. Properties in this building average 43 days on market, reflecting steady tenant turnover within the Mississauga West submarket. Landlords maintained a balanced negotiating posture, securing an average premium of $25 per month or 0.63% above asking prices, which amounts to $300 per year in additional rental revenue. Transaction pricing discipline remained firm, with completed leases capturing slight upside over initial list prices.

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
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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)
2026-06-07120506503.1549
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-191285011002.5936

Nearby Building Rental Comparables & Price Spreads

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

First Home Destination Drive 2 - Building 9 is situated alongside established mid-generation competitors in the Mississauga West micro-market, anchored by nearby properties such as First Home Destination Drive 2 - Building 10 at 5150 Winston Churchill Blvd (0.1 km away, built in 2011 with 1 active listing), First Home Destination Drive at 5100 Winston Churchill Blvd (0.19 km away, built in 2010 with 2 closed leases), 2891 Rio Court Townhomes at 2891 Rio Court (0.32 km away, built in 2013 with 1 closed lease), and [HOT] Condos at 5025 Harvard Rd (0.47 km away, built in 2015 with 4 closed leases). These properties represent a cohesive early-2010s suburban condominium generation defined by functional mid-rise footprints and established neighborhood density. Across the competitive set, properties average $2,569 per month at $2.81 per square foot across an average suite size of 931 square feet. First Home Destination Drive 2 - Building 9 anchors itself firmly within this benchmark range, offering renters competitive value relative to both its immediate neighborhood peers and the broader submarket asking averages.

5150 Winston Churchill Blvd, Mississauga

Avg Asking$2,300/mo
Avg $/SF$3.20
Rent Spread:
-$400/mo (-14.8%) Lower

5100 Winston Churchill Blvd, Mississauga

Avg Asking$2,783/mo
Avg $/SF$2.79
Rent Spread:
+$83/mo (+3.1%) Higher

2891 Rio Court, Mississauga

Avg Asking$2,675/mo
Avg $/SF$2.43
Rent Spread:
-$25/mo (-0.9%) Lower

5025 Harvard Rd, Mississauga

Avg Asking$2,375/mo
Avg $/SF$3.20
Rent Spread:
-$325/mo (-12.0%) Lower

5005 Harvard Rd, Mississauga

Avg Asking$2,458/mo
Avg $/SF$3.30
Rent Spread:
-$242/mo (-9.0%) Lower

5035 Harvard Rd, Mississauga

Avg Asking$2,300/mo
Avg $/SF$2.91
Rent Spread:
-$400/mo (-14.8%) Lower

Comparable Analysis & Questions

How do rental rates at First Home Destination Drive 2 - Building 9 compare to neighbouring buildings within Mississauga West?

First Home Destination Drive 2 - Building 9 achieves an average lease rent of $2,450 per month, comparing closely against the overall competitive set average of $2,569 per month across nearby properties including First Home Destination Drive 2 - Building 10, First Home Destination Drive, 2891 Rio Court Townhomes, and [HOT] Condos. Individual competitor results show First Home Destination Drive 2 - Building 10 at 5150 Winston Churchill Blvd averaging $2,500 per month at $2.94 per square foot across an average of 850 square feet; First Home Destination Drive at 5100 Winston Churchill Blvd averaging $2,725 per month at $2.66 per square foot across 1,025 square feet; 2891 Rio Court Townhomes at 2891 Rio Court averaging $2,675 per month at $2.43 per square foot across 1,100 square feet; and [HOT] Condos at 5025 Harvard Rd averaging $2,375 per month at $3.20 per square foot across 750 square feet.

Does First Home Destination Drive 2 - Building 9 offer a competitive price-per-square-foot ($/SF) against local comparables?

First Home Destination Drive 2 - Building 9 positions its value proposition through a balanced rate of $2.87 per square foot and an average suite size of 875 square feet, offering a competitive alternative to surrounding mid-rise options. Renters evaluating the building trade off slightly higher density layouts against lower overall rate burdens compared to townhome alternatives like 2891 Rio Court Townhomes at $2.43 per square foot across 1,100 square feet, while securing more generous square footage than compact high-density alternatives like [HOT] Condos at 750 square feet leased at $3.20 per square foot.

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

First Home Destination Drive 2 - Building 9 delivers an extensive lifestyle and amenity package that outpaces many surrounding early-2010s developments. Residents enjoy signature features including a concierge and security service, a shared laundry room, a gym and fitness centre, an indoor pool, a games and billiards room, a party and lounge room, a BBQ area, and a rooftop terrace. By comparison, immediate neighbor First Home Destination Drive 2 - Building 10 features only a concierge and security service, First Home Destination Drive offers solely an outdoor children's playground, and 2891 Rio Court Townhomes provides just a basic BBQ area. This robust amenity collection serves professionals and families seeking a complete community experience within Mississauga West.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around First Home Destination Drive 2 - Building 9.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • Gym & Fitness Centre
  • Indoor Pool
  • Games & Billiards Room
  • Party & Lounge Room
  • BBQ Area
  • Rooftop Terrace

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for First Home Destination Drive 2 - Building 9.

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.