Market Data as of August 31, 2026
Park 570 — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Park 570 at 570 Lolita Gardens in Mississauga East is a 180-suite residential building developed by Vandyk Properties and completed in 2013. As of August 31, 2026, the tower is fully occupied with zero units currently listed for rent, representing an availability rate of 0 percent. Leasing activity remains modest but steady: one lease closed in the trailing 30 days at an average of $2,150 per month with a two-day time on market, while two additional leases sealed over the past 90 days averaged $2,325 per month with a 12-day average DOM. Across all four tracked transactions in the past year, the building has maintained a $2,300 average realized rent at $3.44 per square foot.
With no active listings to benchmark, pricing intelligence draws on the building's realized lease history. The all-time average lease of $2,300 per month at 675 square feet translates to $3.44 per square foot, which sits 20.3 percent above the Mississauga East submarket lease benchmark of $3.01 per square foot. The submarket's current asking average of $3,325 per month at $2.99 per square foot reflects a broader inventory of larger or differently configured suites; Park 570's compact 675-square-foot footprint keeps nominal rents lower while commanding a premium rate per square foot. Renters seeking comparable space in the submarket should note that the building's realized pricing runs meaningfully above the area average on a per-square-foot basis.
Marketing friction at Park 570 is minimal on the leasing side, with a 10-day average time on market across all tracked leases compared to the 20-day submarket benchmark, and the single 30-day lease closed in just two days. However, the one delisted unit that lingered for 21 days was asking $2,200 per month, which is $50 above the realized lease average of $2,150, signaling that overpriced units do stall in this micro-market. Tenants who did negotiate secured an average concession of $19 per month, or 0.74 percent below asking, across all tracked closed transactions, a modest but consistent tenant-favorable discount. With zero active inventory, prospective renters must monitor the building's listing pipeline or pivot to the four available units currently on the market across the wider Mississauga East submarket.
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Last Realized Lease
Transaction metrics for the most recently leased suite
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 Park 570 (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Park 570 last month, and how fast did they rent?
Park 570 at 570 Lolita Gardens closed one lease in the trailing 30 days with a 2-day DOM, compared to a 12-day DOM across two closings in the 90-day window and a submarket benchmark of 20 days. The building logged four total leases over the trailing year, with lifetime volume also at four transactions. Leasing cadence accelerated sharply in the most recent 30 days, dropping from a 12-day average to just 2 days, though the absolute volume remains thin at one closing per month.
What is the negotiation spread between asking rents and closed lease prices at Park 570?
Park 570 tenants negotiated an average discount of $19 per month (0.74% below asking), translating to $228 in annual savings per unit across tracked leases. Fifty percent of all closed leases settled under the listed asking price, confirming tenant leverage in this submarket. The concession pattern is modest in dollar terms but consistent, indicating landlords at Park 570 are willing to trim pricing to close deals rather than hold out for full asking.
What are typical executed lease prices across different layouts at Park 570?
The 2-Bedroom layout is the anchor product at Park 570, accounting for 50% of tracked leases at an average of $2,426 per month with a 16-day DOM. The 1-Bedroom tier recorded one individual single transaction at $2,150 per month over 550 square feet ($3.91 per square foot) with a 2-day DOM; this represents an individual transaction rather than a broad statistical benchmark. The 1-Bedroom + Den layout also closed one individual single deal at $2,200 per month over 650 square feet ($3.38 per square foot) with a 7-day DOM, likewise an individual transaction and not a reliable benchmark. The 2-Bedroom sample of two leases is a limited directional indicator only, with rents ranging from $2,388 to $2,463 (P25–P75) across an average 750-square-foot footprint at $3.23 per square foot.
What measurable rent premium did suites with parking achieve in closed leases at Park 570?
Park 570 does not have sufficient paired lease data to isolate a verified parking premium, and the active listing pool is empty, so no reliable asking-side parking rate exists for comparison. Parking pricing at this building remains inconclusive based on current transaction volume. Prospective tenants should request itemized parking charges directly from the leasing office rather than relying on market averages.
How does the lease-to-listing ratio at Park 570 reflect current tenant demand?
Park 570 rents climbed from $2,200 in April to a peak of $2,500 in July before retreating to $2,150 in August across four tracked monthly closings. April closed one deal at $2,200 per month ($3.38 per square foot) with a 7-day DOM. May followed with one lease at $2,351 per month ($3.13 per square foot) and a 9-day DOM. July recorded one closing at $2,500 per month ($3.33 per square foot) but required 22 days on market, the longest stretch in the series. August closed one deal at $2,150 per month ($3.91 per square foot) in just 2 days; the nominal rent drop reflects a compact 550-square-foot suite rather than property devaluation, as the rate per square foot actually rose to the highest level in the timeline.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Park 570 (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Park 570, and what was their re-listing price compared to previous asking?
Park 570 logged one delisted unit in the tracked period, representing a 100% delisted-to-30-day-leased ratio (or 25% against lifetime volume of four leases). The single delisting was a terminated listing; no expired or suspended listings appeared in the dataset. With zero active listings currently on market, this delisting functions as a narrow friction signal rather than a broad vacancy indicator.
How do asking prices on de-listed suites compare to executed leases and active listings at Park 570?
The one delisted unit at Park 570 asked $2,200 per month, which is $50 per month above the realized lease average of $2,150 per month, indicating direct overpricing relative to market-clearing levels. The delisted listing carried a rate of $4.00 per square foot versus the 30-day realized average of $3.91 per square foot, a modest but meaningful premium that the market did not absorb. This spread confirms the asking price sat above what tenants were willing to pay at the time.
What market friction causes rental listings to stall or de-list at Park 570?
Park 570's delisted unit sat on market for an average of 21 days, compared to a 2-day realized lease DOM in the same 30-day window, producing 19 excess marketing days. Those 19 days translate to roughly $1,393 in lost rent at the $2,200 asking rate, plus ongoing condo maintenance fees during the unrented period. Against the lifetime average DOM of 10 days, the excess is 11 days, still representing approximately $807 in carrying cost before fees. The friction is concentrated in a single listing but underscores the cost of pricing above the clearing rate.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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) |
|---|---|---|---|---|---|
| 2026-05-12 | 1 | 2375 | 750 | 3.17 | N/A |
| 2026-05-13 | 1 | 2375 | 750 | 3.17 | 1 |
| 2026-05-14 | 1 | 2375 | 750 | 3.17 | 2 |
| 2026-05-15 | 1 | 2375 | 750 | 3.17 | 3 |
| 2026-05-16 | 1 | 2375 | 750 | 3.17 | 4 |
| 2026-05-17 | 1 | 2375 | 750 | 3.17 | 5 |
| 2026-05-18 | 1 | 2375 | 750 | 3.17 | 6 |
| 2026-05-19 | 1 | 2375 | 750 | 3.17 | 7 |
| 2026-05-20 | 1 | 2375 | 750 | 3.17 | 8 |
| 2026-06-29 | 1 | 2550 | 750 | 3.40 | N/A |
| 2026-06-30 | 1 | 2550 | 750 | 3.40 | 1 |
| 2026-07-01 | 1 | 2550 | 750 | 3.40 | 2 |
| 2026-07-02 | 1 | 2550 | 750 | 3.40 | 3 |
| 2026-07-03 | 1 | 2550 | 750 | 3.40 | 4 |
| 2026-07-04 | 1 | 2550 | 750 | 3.40 | 5 |
| 2026-07-05 | 1 | 2550 | 750 | 3.40 | 6 |
| 2026-07-06 | 1 | 2550 | 750 | 3.40 | 7 |
| 2026-07-07 | 1 | 2550 | 750 | 3.40 | 8 |
| 2026-07-08 | 1 | 2550 | 750 | 3.40 | 9 |
| 2026-07-09 | 1 | 2550 | 750 | 3.40 | 10 |
| 2026-07-10 | 1 | 2550 | 750 | 3.40 | 11 |
| 2026-07-11 | 1 | 2550 | 750 | 3.40 | 12 |
| 2026-07-12 | 1 | 2550 | 750 | 3.40 | 13 |
| 2026-07-13 | 1 | 2550 | 750 | 3.40 | 14 |
| 2026-07-14 | 1 | 2550 | 750 | 3.40 | 15 |
| 2026-07-15 | 1 | 2550 | 750 | 3.40 | 16 |
| 2026-07-16 | 1 | 2550 | 750 | 3.40 | 17 |
| 2026-07-17 | 1 | 2550 | 750 | 3.40 | 18 |
| 2026-07-18 | 1 | 2550 | 750 | 3.40 | 19 |
| 2026-07-19 | 1 | 2550 | 750 | 3.40 | 20 |
| 2026-07-20 | 1 | 2550 | 750 | 3.40 | 21 |
| 2026-08-05 | 1 | 2200 | 550 | 4.00 | N/A |
| 2026-08-06 | 1 | 2200 | 550 | 4.00 | 1 |
| 2026-08-07 | 1 | 2200 | 550 | 4.00 | 2 |
| 2026-08-08 | 1 | 2200 | 550 | 4.00 | 3 |
| 2026-08-09 | 1 | 2200 | 550 | 4.00 | 4 |
| 2026-08-10 | 1 | 2200 | 550 | 4.00 | 5 |
| 2026-08-11 | 1 | 2200 | 550 | 4.00 | 6 |
| 2026-08-12 | 1 | 2200 | 550 | 4.00 | 7 |
| 2026-08-13 | 1 | 2200 | 550 | 4.00 | 8 |
| 2026-08-14 | 1 | 2200 | 550 | 4.00 | 9 |
| 2026-08-15 | 1 | 2200 | 550 | 4.00 | 10 |
| 2026-08-16 | 1 | 2200 | 550 | 4.00 | 11 |
| 2026-08-17 | 1 | 2200 | 550 | 4.00 | 12 |
| 2026-08-18 | 1 | 2200 | 550 | 4.00 | 13 |
| 2026-08-19 | 1 | 2200 | 550 | 4.00 | 14 |
| 2026-08-20 | 1 | 2200 | 550 | 4.00 | 15 |
| 2026-08-21 | 1 | 2200 | 550 | 4.00 | 16 |
| 2026-08-22 | 1 | 2200 | 550 | 4.00 | 17 |
| 2026-08-23 | 1 | 2200 | 550 | 4.00 | 18 |
| 2026-08-24 | 1 | 2200 | 550 | 4.00 | 19 |
| 2026-08-25 | 1 | 2200 | 550 | 4.00 | 20 |
| 2026-08-26 | 1 | 2150 | 550 | 3.91 | N/A |
| 2026-08-27 | 1 | 2150 | 550 | 3.91 | 1 |
12-Month Market Dynamics & Trend Trajectory
Park 570 realized an average lease rent of $2,300 per month and $3.44 per square foot across its lifetime, positioning it $411 per month below the Mississauga East submarket average of $2,711 while commanding a 20.3% premium on rate per square foot over the submarket's $3.01 benchmark. The building trades at a rent discount to its neighbours but extracts a higher per-square-foot rate, reflecting its smaller average suite footprint of 675 square feet relative to the broader submarket mix. Pricing discipline at Park 570 shows a tenant-favourable pattern: 50% of tracked leases closed under asking, with an average concession of $19 per month (0.74%) and $228 in annualized tenant savings per unit. The net negotiation spread of -$19 confirms landlords are absorbing modest price pressure rather than holding firm at listed rates. This concession behaviour is consistent across the small sample and suggests the building's asking prices carry a slight buffer that tenants routinely negotiate away.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-17 | 1 | 2351 | 750 | 3.13 | 9 |
| 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 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 1 | 2500 | 750 | 3.33 | 22 |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 1 | 2150 | 550 | 3.91 | 2 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Park 570 at 570 Lolita Gardens sits in a tight competitive radius of four registered buildings within 1.4 kilometres across Mississauga East. Three of those peers recorded closed lease transactions over the trailing 180 days: Applewood Terrace at 3351 Cawthra Road (1.11 km, completed 2002) logged one closed lease; Artform at 86 Dundas Street East (1.39 km, completed 2024) closed 38 leases; and Lynwood Lane at 3100 Kirwin Avenue (1.39 km, completed 1976) recorded two closed leases. The fourth competitor, 3120 Kirwin Condos at 3120 Kirwin Avenue (1.33 km, completed 1975), registered zero lease transactions in the same window and therefore functions as an architectural and amenity reference rather than an active pricing benchmark. The peer set spans three distinct construction eras—mid-1970s high-rises, a 2002 mid-rise, and a 2024 purpose-built rental—placing Park 570's 2013 build squarely between the older stock and the newest generation. Across the four comparables, the blended benchmark averages $2,609 per month in realized rent, $2.76 per square foot, and 994 square feet of interior space. Park 570's all-time leased average of $2,300 per month and 675 square feet positions the building well below the comp set on both nominal rent and total footprint, while its $3.44 per square foot rate runs a meaningful premium over the $2.76 comp average. The gap is structural: Park 570's 180-suite, predominantly two-bedroom product delivers roughly 300 to 525 fewer interior square feet than three of the four peers, so the lower headline rent reflects a compact suite format rather than a weaker per-unit valuation. Against the Mississauga East submarket average of $2,711 per month and $3.01 per square foot, the building trades at a rent discount but a rate premium, a profile consistent with a smaller-footprint, amenity-inclusive product competing in a pocket where larger 1970s-era towers anchor the lower end of the per-square-foot scale.
Comparable Analysis & Questions
How do rental rates at Park 570 compare to neighbouring buildings within Mississauga East?
Park 570's all-time average realized lease rent of $2,300 per month sits $309 below the four-comparable benchmark of $2,609, with every active peer pricing above the subject. Applewood Terrace at 3351 Cawthra Road (1.11 km, one closed lease) averaged $2,750 per month at $2.50 per square foot across 1,100 square feet; Artform at 86 Dundas Street East (1.39 km, 38 closed leases) averaged $2,401 per month at $3.54 per square foot across 682 square feet; and Lynwood Lane at 3100 Kirwin Avenue (1.39 km, two closed leases) averaged $2,675 per month at $2.25 per square foot across 1,200 square feet. 3120 Kirwin Condos at 3120 Kirwin Avenue (1.33 km) recorded zero closed leases over the trailing 180 days and therefore carries no realized rent benchmark for direct comparison.
Does Park 570 offer a competitive price-per-square-foot ($/SF) against local comparables?
Park 570 leases at $3.44 per square foot across an average 675-square-foot suite, a rate that exceeds the four-comparable average of $2.76 per square foot while delivering substantially less interior space than three of the four peers. Against Applewood Terrace, the subject trades at a $0.94 per square foot (37.6 percent) premium but provides 425 fewer interior square feet, meaning the $450-per-month rent gap is driven by the 1,100-square-foot footprint rather than a weaker per-unit valuation. Versus Lynwood Lane, the subject commands a $1.19 per square foot (52.9 percent) premium while offering 525 fewer square feet, so the $375-per-month nominal discount reflects the 1,200-square-foot suite size rather than asset-level pricing pressure. Artform presents the closest comparison: the subject trades at a $0.10 per square foot (2.8 percent) discount below Artform's $3.54 rate and provides just 7 fewer square feet, making the $101-per-month rent difference a near-parity outcome where both buildings deliver roughly 680-square-foot two-bedroom layouts at comparable per-unit economics.
How do building age, amenities, and developer reputation impact rent spreads?
Park 570 offers a five-item lifestyle package—Concierge & Security, Gym & Fitness Centre, Party & Lounge Room, Meeting Room, and Rooftop Terrace—that is leaner than most immediate peers but more complete than the single-amenity Applewood Terrace. The building's rooftop terrace and dedicated meeting room are absent from both Applewood Terrace (concierge only) and the 1970s-era Kirwin and Lynwood properties, which instead lean on outdoor pools, saunas, tennis and pickleball courts, games rooms, and shuffleboard areas. Artform, the 2024-built competitor, outpaces Park 570 with a yoga studio, business centre, media and theatre room, library, dining room and kitchen, BBQ area, garden courtyard, and art gallery alongside its own rooftop terrace. Park 570's package—concierge security, a fitness centre, a party lounge, a meeting room, and an open-air rooftop—serves the cost-conscious professional or young household that wants modern common-space access and a social rooftop without paying for the full resort-style amenity suite found in the 1970s towers or the 2024 Artform product.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Park 570.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Party & Lounge Room
- Meeting Room
- Rooftop Terrace
Residential Buildings in the Vicinity
- Applewood Terrace1.1 km
- 3120 Kirwin Condos1.3 km
- Artform1.4 km
- Lynwood Lane1.4 km
- King's Garden1.5 km
- 960 Bloor Condos1.6 km
- 3071 Hurontario Street1.6 km
- The Waterford1.8 km
- 50 Mississauga Valley1.8 km
- 50 Mississauga Valley1.8 km
- 5 Paisley Boulevard E1.9 km
- Parkview1.9 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Park 570.
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.