Market Data as of August 31, 2026
Westerly 2 — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Westerly 2 at 60 Central Park Roadway in Toronto's Etobicoke Centre submarket is a 354-suite residential tower developed by Tridel & Hollyburn Properties with an estimated completion year of 2026. As of August 31, 2026, the building is fully occupied with zero units currently listed for rent, representing a 0 percent availability rate. Recent leasing activity shows 4 closed leases in the trailing 30 days at an average of 19 days on market and 27 closed leases over the past 90 days averaging 24 days on market, indicating steady absorption during the initial occupancy phase.
With no active asking rents to benchmark, the building's realized lease data provides the clearest pricing signal. The trailing 90-day average lease rent stands at $2,417 per month at $3.88 per square foot, while the full-year average sits at $2,412 per month and $3.80 per square foot across an average suite footprint of 643 square feet. That realized rate per square foot runs 8.1 percent above the Etobicoke Centre submarket lease benchmark of $3.59 per square foot, positioning Westerly 2 as a premium-priced asset within its immediate rental pool. The submarket's current average asking rent of $2,914 per month at $3.79 per square foot offers a useful ceiling reference for prospective renters evaluating the broader area.
Marketing friction cannot be assessed on the active side given zero available units, but the closed-lease velocity tells a clear story. The 30-day average DOM of 19 days sits comfortably below the submarket benchmark of 23 days, and the 90-day figure of 24 days is nearly in line, suggesting no meaningful leasing deceleration. Across all 74 tracked closed transactions, tenants negotiated an average discount of $32 per month, or 1.29 percent below asking, with 39.2 percent of leases closing under the initial ask and an annualized savings of $384 per unit. Inventory depth is currently nonexistent across every bedroom tier; renters seeking a Westerly 2 suite must monitor the listing pipeline or pivot to the 14 active units available elsewhere in the Etobicoke Centre 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 Westerly 2 (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Westerly 2 last month, and how fast did they rent?
Westerly 2 at 60 Central Park Roadway closed 4 leases in the trailing 30 days with an average DOM of 19, matching the Etobicoke Centre submarket benchmark of 23 days. Over the prior 90 days, 27 units leased at an average DOM of 24, and the full one-year window shows 74 closed leases averaging 23 days on market. Leasing cadence peaked in May with 34 closings, then moderated through June (19), July (5), and August (4), indicating the initial occupancy wave is tapering as the building approaches full absorption.
What is the negotiation spread between asking rents and closed lease prices at Westerly 2?
Westerly 2 tenants negotiated an average discount of $32 per month (1.29% below asking) across all 74 tracked leases, translating to $384 in annual savings per unit. Thirty-nine point two percent of leases closed under the listed asking price, confirming consistent tenant leverage in this initial-occupancy window. Landlords absorbed the concession rather than holding firm, a pattern typical of new-build stabilization where early movers reward flexibility over sticker price.
What are typical executed lease prices across different layouts at Westerly 2?
The 1-Bedroom layout dominates Westerly 2 with 36 closed leases (48.6% share) averaging $2,076 per month at 21 days on market, while the 2-Bedroom tier follows with 20 closings (27%) at $2,707 per month and 25 DOM. The 3-Bedroom+ tier recorded 9 leases (moderate sample) averaging $3,149 per month across 861 square feet at $3.66 per square foot with 26 DOM. The 1-Bedroom + Den layout closed 8 leases (moderate sample) at $2,246 per month, 575 square feet, $3.92 per square foot, and 22 DOM. The single 2-Bedroom + Den deal at $3,295 per month represents an individual transaction, not a broad statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Westerly 2?
Westerly 2 carries a verified leased parking premium of $228 per month, confirmed across the 74 tracked lease transactions. This figure reflects the realized cost tenants paid for a parking spot bundled with their suite lease. Active asking parking rates cannot be reliably isolated due to insufficient paired sample data, so the $228 verified lease premium stands as the only defensible benchmark for parking cost at this building.
How does the lease-to-listing ratio at Westerly 2 reflect current tenant demand?
Westerly 2 rents trended upward from April through July before a nominal dip in August, with the rate per square foot climbing steadily across all five months. April opened with 12 closings at $2,334 per month and $3.74 per square foot over 15 days on market. May surged to 34 deals at $2,439 per month, holding $3.74 per square foot but stretching to 25 DOM. June recorded 19 closings at $2,399 per month with the rate per square foot jumping to $3.89 over 24 DOM. July saw just 5 deals at $2,485 per month and $3.89 per square foot across 30 DOM. August closed 4 leases at $2,388 per month and $3.92 per square foot in 19 DOM; the nominal rent drop from July reflects compact suite footprints rather than any property devaluation.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Westerly 2 (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Westerly 2, and what was their re-listing price compared to previous asking?
Westerly 2 logged 1 delisted unit over the tracked period, an expired listing representing a 25% ratio against trailing 30-day lease volume (4 closings) and just 1.4% of lifetime lease volume. The single delisting was an expired listing with no terminated or suspended entries. At this early-occupancy stage, a one-unit delist is a minor friction signal rather than a systemic pricing problem.
How do asking prices on de-listed suites compare to executed leases and active listings at Westerly 2?
The single delisted unit at Westerly 2 asked $2,150 per month, which is $238 per month below the realized lease average of $2,412 nominally due to a smaller suite footprint. However, the delisted unit's rate of $3.59 per square foot sits below the building's realized $3.80 per square foot, indicating tenant resistance to high-density pricing on compact layouts. The spread confirms that even at lower nominal asking, sub-3.60 per square foot units struggled to clear in this submarket.
What market friction causes rental listings to stall or de-list at Westerly 2?
The delisted unit at Westerly 2 sat on market for 121 days versus the building's realized lease average of 23 days, a gap of 98 excess marketing days. Those 98 days represent roughly 3.3 months of lost rent at $2,150 per month—approximately $7,063 in foregone revenue—plus ongoing condo maintenance fees the owner continued to pay during the vacancy carry. The excess DOM underscores that even a nominally priced unit can stall when it fails to match the submarket's per-square-foot expectations.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 41 | 2526 | 671 | 3.80 | 16 |
| 2026-04-28 | 39 | 2551 | 676 | 3.81 | 17 |
| 2026-04-29 | 37 | 2559 | 684 | 3.77 | 17 |
| 2026-04-30 | 36 | 2544 | 677 | 3.79 | 18 |
| 2026-05-01 | 35 | 2529 | 672 | 3.80 | 19 |
| 2026-05-02 | 34 | 2539 | 674 | 3.80 | 21 |
| 2026-05-03 | 32 | 2573 | 683 | 3.80 | 22 |
| 2026-05-04 | 30 | 2581 | 682 | 3.82 | 24 |
| 2026-05-05 | 30 | 2561 | 675 | 3.83 | 24 |
| 2026-05-06 | 30 | 2561 | 675 | 3.83 | 25 |
| 2026-05-07 | 30 | 2555 | 667 | 3.87 | 24 |
| 2026-05-08 | 30 | 2573 | 672 | 3.87 | 24 |
| 2026-05-09 | 30 | 2573 | 672 | 3.87 | 25 |
| 2026-05-10 | 28 | 2616 | 682 | 3.87 | 26 |
| 2026-05-11 | 28 | 2616 | 686 | 3.85 | 26 |
| 2026-05-12 | 30 | 2576 | 672 | 3.88 | 25 |
| 2026-05-13 | 28 | 2540 | 662 | 3.89 | 26 |
| 2026-05-14 | 30 | 2514 | 652 | 3.90 | 22 |
| 2026-05-15 | 28 | 2498 | 650 | 3.88 | 22 |
| 2026-05-16 | 26 | 2500 | 648 | 3.89 | 22 |
| 2026-05-17 | 24 | 2522 | 653 | 3.90 | 22 |
| 2026-05-18 | 24 | 2522 | 653 | 3.90 | 23 |
| 2026-05-19 | 20 | 2509 | 649 | 3.90 | 23 |
| 2026-05-20 | 19 | 2491 | 644 | 3.91 | 24 |
| 2026-05-21 | 18 | 2479 | 644 | 3.89 | 23 |
| 2026-05-22 | 20 | 2482 | 639 | 3.92 | 21 |
| 2026-05-23 | 18 | 2533 | 658 | 3.87 | 23 |
| 2026-05-24 | 17 | 2491 | 646 | 3.87 | 22 |
| 2026-05-25 | 17 | 2491 | 646 | 3.87 | 23 |
| 2026-05-26 | 17 | 2491 | 646 | 3.87 | 24 |
| 2026-05-27 | 17 | 2491 | 646 | 3.87 | 25 |
| 2026-05-28 | 17 | 2476 | 641 | 3.88 | 25 |
| 2026-05-29 | 17 | 2476 | 641 | 3.88 | 26 |
| 2026-05-30 | 18 | 2458 | 636 | 3.88 | 25 |
| 2026-05-31 | 18 | 2458 | 636 | 3.88 | 26 |
| 2026-06-01 | 19 | 2472 | 639 | 3.89 | 24 |
| 2026-06-02 | 20 | 2484 | 649 | 3.86 | 22 |
| 2026-06-03 | 20 | 2424 | 634 | 3.85 | 21 |
| 2026-06-04 | 23 | 2424 | 632 | 3.88 | 19 |
| 2026-06-05 | 23 | 2424 | 632 | 3.88 | 20 |
| 2026-06-06 | 23 | 2424 | 632 | 3.88 | 21 |
| 2026-06-07 | 23 | 2424 | 632 | 3.88 | 22 |
| 2026-06-08 | 23 | 2424 | 632 | 3.88 | 23 |
| 2026-06-09 | 22 | 2407 | 622 | 3.90 | 25 |
| 2026-06-10 | 19 | 2403 | 626 | 3.85 | 27 |
| 2026-06-11 | 18 | 2393 | 624 | 3.84 | 30 |
| 2026-06-12 | 17 | 2379 | 623 | 3.83 | 31 |
| 2026-06-13 | 17 | 2379 | 623 | 3.83 | 32 |
| 2026-06-14 | 17 | 2379 | 623 | 3.83 | 33 |
| 2026-06-15 | 14 | 2464 | 639 | 3.88 | 36 |
| 2026-06-16 | 13 | 2492 | 648 | 3.86 | 36 |
| 2026-06-17 | 12 | 2471 | 646 | 3.84 | 34 |
| 2026-06-18 | 11 | 2518 | 654 | 3.87 | 37 |
| 2026-06-19 | 11 | 2518 | 654 | 3.87 | 38 |
| 2026-06-20 | 11 | 2518 | 654 | 3.87 | 39 |
| 2026-06-21 | 11 | 2518 | 654 | 3.87 | 40 |
| 2026-06-22 | 9 | 2453 | 644 | 3.83 | 44 |
| 2026-06-23 | 10 | 2445 | 635 | 3.87 | 41 |
| 2026-06-24 | 11 | 2486 | 651 | 3.85 | 38 |
| 2026-06-25 | 10 | 2520 | 662 | 3.84 | 40 |
| 2026-06-26 | 10 | 2520 | 662 | 3.84 | 41 |
| 2026-06-27 | 10 | 2520 | 662 | 3.84 | 42 |
| 2026-06-28 | 9 | 2561 | 663 | 3.90 | 45 |
| 2026-06-29 | 8 | 2519 | 644 | 3.94 | 52 |
| 2026-06-30 | 7 | 2568 | 657 | 3.94 | 56 |
| 2026-07-01 | 7 | 2568 | 657 | 3.94 | 57 |
| 2026-07-02 | 6 | 2596 | 658 | 3.98 | 53 |
| 2026-07-03 | 6 | 2596 | 658 | 3.98 | 54 |
| 2026-07-04 | 6 | 2596 | 658 | 3.98 | 55 |
| 2026-07-05 | 6 | 2596 | 658 | 3.98 | 56 |
| 2026-07-06 | 6 | 2608 | 675 | 3.89 | 55 |
| 2026-07-07 | 5 | 2560 | 680 | 3.79 | 55 |
| 2026-07-08 | 6 | 2575 | 675 | 3.84 | 47 |
| 2026-07-09 | 5 | 2630 | 700 | 3.77 | 44 |
| 2026-07-10 | 5 | 2630 | 700 | 3.77 | 45 |
| 2026-07-11 | 5 | 2630 | 700 | 3.77 | 46 |
| 2026-07-12 | 4 | 2537 | 687 | 3.71 | 37 |
| 2026-07-13 | 4 | 2537 | 687 | 3.71 | 38 |
| 2026-07-14 | 4 | 2537 | 687 | 3.71 | 39 |
| 2026-07-15 | 3 | 2416 | 633 | 3.81 | 39 |
| 2026-07-16 | 4 | 2512 | 662 | 3.79 | 30 |
| 2026-07-17 | 4 | 2512 | 662 | 3.79 | 31 |
| 2026-07-18 | 4 | 2512 | 662 | 3.79 | 32 |
| 2026-07-19 | 4 | 2512 | 662 | 3.79 | 33 |
| 2026-07-20 | 4 | 2512 | 662 | 3.79 | 34 |
| 2026-07-21 | 5 | 2460 | 640 | 3.85 | 28 |
| 2026-07-22 | 5 | 2430 | 629 | 3.87 | 26 |
| 2026-07-23 | 4 | 2375 | 624 | 3.82 | 30 |
| 2026-07-24 | 4 | 2375 | 624 | 3.82 | 31 |
| 2026-07-25 | 4 | 2375 | 624 | 3.82 | 32 |
| 2026-07-26 | 4 | 2375 | 624 | 3.82 | 33 |
| 2026-07-27 | 4 | 2375 | 624 | 3.82 | 34 |
| 2026-07-28 | 4 | 2375 | 624 | 3.82 | 35 |
| 2026-07-29 | 4 | 2375 | 624 | 3.82 | 36 |
| 2026-07-30 | 4 | 2375 | 624 | 3.82 | 37 |
| 2026-07-31 | 4 | 2375 | 624 | 3.82 | 38 |
| 2026-08-01 | 4 | 2375 | 624 | 3.82 | 39 |
| 2026-08-02 | 4 | 2375 | 624 | 3.82 | 40 |
| 2026-08-03 | 4 | 2375 | 624 | 3.82 | 41 |
| 2026-08-04 | 4 | 2363 | 624 | 3.80 | 38 |
| 2026-08-05 | 3 | 2433 | 632 | 3.87 | 12 |
| 2026-08-06 | 3 | 2433 | 632 | 3.87 | 13 |
| 2026-08-07 | 3 | 2433 | 632 | 3.87 | 14 |
| 2026-08-08 | 3 | 2433 | 632 | 3.87 | 15 |
| 2026-08-09 | 3 | 2433 | 632 | 3.87 | 16 |
| 2026-08-10 | 3 | 2433 | 632 | 3.87 | 17 |
| 2026-08-11 | 3 | 2433 | 632 | 3.87 | 18 |
| 2026-08-12 | 1 | 2300 | 595 | 3.87 | 21 |
| 2026-08-13 | 1 | 2300 | 595 | 3.87 | 22 |
| 2026-08-14 | 1 | 2300 | 595 | 3.87 | 23 |
| 2026-08-15 | 1 | 2300 | 595 | 3.87 | 24 |
| 2026-08-16 | 1 | 2300 | 595 | 3.87 | 25 |
| 2026-08-17 | 1 | 2300 | 595 | 3.87 | 26 |
12-Month Market Dynamics & Trend Trajectory
Westerly 2 realizes an average lease of $2,412 per month at $3.80 per square foot across 643 square feet, positioning the building $97 per month below the Etobicoke Centre submarket average of $2,509 while commanding an 8.1% premium on rate per square foot over the submarket's $3.59 benchmark. This combination signals that Westerly 2 offers slightly smaller average footprints than the submarket norm but extracts a higher per-square-foot rate, a profile consistent with Tridel and Hollyburn's premium finish standards in a central Etobicoke location. Pricing discipline at Westerly 2 shows tenants closing 39.2% of leases below asking, with an average concession of $32 per month (1.29%) in the landlord's favor. The net negotiation spread of -$32 per month and $384 annualized savings per unit confirm a tenant-favorable market where early-occupancy incentives and landlord flexibility drove closings. No leases closed at a premium to asking, indicating that even in a zero-active-inventory environment, landlords at this building prioritized velocity over maximum rent.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-26 | 3 | 2415 | 655 | 3.72 | 6 |
| 2026-05-03 | 8 | 2436 | 684 | 3.58 | 21 |
| 2026-05-10 | 9 | 2463 | 666 | 3.76 | 38 |
| 2026-05-17 | 12 | 2280 | 601 | 3.83 | 21 |
| 2026-05-24 | 2 | 3323 | 900 | 3.70 | 39 |
| 2026-05-31 | 3 | 2442 | 600 | 4.19 | 26 |
| 2026-06-07 | 6 | 2523 | 658 | 3.95 | 13 |
| 2026-06-14 | 5 | 2110 | 568 | 3.71 | 38 |
| 2026-06-21 | 3 | 2558 | 650 | 3.98 | 26 |
| 2026-06-28 | 2 | 2450 | 684 | 3.59 | 16 |
| 2026-07-05 | 2 | 2338 | 550 | 4.25 | 39 |
| 2026-07-12 | 1 | 2700 | 850 | 3.18 | 43 |
| 2026-07-19 | 2 | 2525 | 650 | 3.88 | 16 |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 1 | 2250 | 550 | 4.09 | 14 |
| 2026-08-09 | 2 | 2500 | 650 | 3.87 | 18 |
| 2026-08-16 | 1 | 2300 | 595 | 3.87 | 27 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Westerly 2 at 60 Central Park Roadway occupies a tight competitive cluster of four nearby buildings in the Etobicoke Centre submarket, with the closest and most transactionally active peer being Westerly I at 25 Cordova Avenue, just 0.07 kilometres away and also slated for 2026 completion, which recorded 65 closed leases over the trailing 180 days. Three additional structures—ConneXion at 34 Fieldway Road (0.71 km, built in 2019), ConneXion Condos at 28 Fieldway Road (0.73 km, built in 2019), and Village Gate West at 5191 Dundas Street West (0.74 km, built in 2007)—each logged a single closed lease in the same window, serving as architectural and amenity references rather than active pricing benchmarks. The cluster spans nearly two decades of construction, from Village Gate West's 2007 build to the two 2026 Tridel and Hollyburn towers, creating a clear generational divide between the older stock and the new-build pair. The four-comparable benchmark averages $2,477 per month in realized rent, $3.36 per square foot, and 738 square feet of suite space. Westerly 2's all-time leased average of $2,412 per month and 643 square feet places it below the comp set on both total monthly rent and interior footprint, yet its $3.80 per square foot rate commands a distinct premium over the $3.36 benchmark and the submarket's $3.59 per square foot average. The building's 354-suite scale and 2026 completion position it as the newest, most amenity-dense asset in this immediate pocket, trading on a higher per-square-foot valuation despite offering fewer interior square feet than three of the four comparables.
Comparable Analysis & Questions
How do rental rates at Westerly 2 compare to neighbouring buildings within Etobicoke Centre?
Westerly 2's all-time average realized lease rent of $2,412 per month sits $65 below the four-comparable benchmark of $2,477, with the primary active competitor Westerly I at 25 Cordova Avenue (0.07 km, 65 closed leases) averaging $2,372 per month at $3.53 per square foot across 675 square feet of suite space. ConneXion at 34 Fieldway Road (0.71 km, one closed lease) recorded an average of $2,650 per month at $3.12 per square foot over 850 square feet, while ConneXion Condos at 28 Fieldway Road (0.73 km, one closed lease) averaged $1,950 per month at $3.25 per square foot across 600 square feet. Village Gate West at 5191 Dundas Street West (0.74 km, one closed lease) posted the highest single-transaction rent at $2,935 per month, $3.55 per square foot, and 826 square feet. The three single-lease buildings carry no statistically reliable realized rent benchmark and should be treated as directional references only.
Does Westerly 2 offer a competitive price-per-square-foot ($/SF) against local comparables?
Westerly 2 leases at $3.80 per square foot across an average 643-square-foot suite, a rate that commands a premium over every nearby active alternative and the submarket's $3.59 per square foot benchmark, while its total footprint remains smaller than three of the four comparables. Against Westerly I, the subject trades at a $0.27 per square foot (7.6%) premium and provides 32 fewer interior square feet, yet still realizes $40 more per month in rent, reflecting a tighter but more expensive-per-square-foot product. Versus ConneXion, the subject commands a $0.68 per square foot (21.8%) premium while delivering 207 fewer square feet; the $238 lower nominal rent is driven entirely by the smaller interior footprint rather than a weaker asset valuation. Against ConneXion Condos, the subject carries a $0.55 per square foot (16.9%) premium and provides 43 more interior square feet, resulting in a $462 higher monthly rent that reflects both the larger suite and the higher rate. Village Gate West presents the widest spread: the subject trades at a $0.25 per square foot (7.0%) premium with 183 fewer square feet, and the $523 lower nominal rent is a direct function of the reduced suite size rather than a discount in per-square-foot value.
How do building age, amenities, and developer reputation impact rent spreads?
Westerly 2 offers a 16-item amenity suite that is the most comprehensive in its immediate peer set, surpassing even its closest sibling Westerly I and dwarfing the two ConneXion buildings. Relative to Westerly I, the subject adds an EV Charging Station, a dedicated Business Centre, a Media & Theatre Room, a Games & Billiards Room, and a Pet Wash Station—features absent from the Cordova Avenue tower, which instead includes a Mail & Parcel Room not found at Westerly 2. ConneXion at 34 Fieldway Road provides no common lifestyle or recreational facilities whatsoever, and ConneXion Condos at 28 Fieldway Road limits its offering to a BBQ Area and Rooftop Terrace, making the subject's full gym, yoga studio, dining room, children's play spaces, and rooftop terrace a generational leap in lifestyle infrastructure. Village Gate West, built in 2007, counters with a Sauna & Steam Room and Garden & Courtyard that Westerly 2 does not include, but lacks the EV charging, business centre, games room, and dedicated kids' play room found at the subject. This amenity package—spanning wellness (gym, yoga), remote-work (business centre, meeting room), social (party lounge, dining room, media room), and pet care (dog run, pet wash)—is best suited to young professional and dual-income household renters who prioritize a turnkey lifestyle environment over the bare-bones or single-feature offerings of the older 2019 and 2007 stock nearby.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Westerly 2.
Building Amenities
- Concierge & Security
- EV Charging Station
- Gym & Fitness Centre
- Yoga Studio
- Party & Lounge Room
- Meeting Room
- Business Centre
- Media & Theatre Room
- Games & Billiards Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Children's Playground - Outdoor
- Kids' Play Room - Indoor
- Dog Run
- Pet Wash Station
Residential Buildings in the Vicinity
- Westerly I69 m
- Barclay Terrace II148 m
- Barclay Terrace I195 m
- Bloor Promenade at Islington Terrace219 m
- Islington Terrace 1223 m
- Bloorvista at Islington Terrace240 m
- St. Andrew on the Green281 m
- Town & Country I393 m
- Port Royal Place II432 m
- Port Royal Place I439 m
- Town & Country II446 m
- Promenade at Port Royal Place482 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Westerly 2.
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.