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Market Data as of August 31, 2026

Kingsley Square — Rental Market Data

705-715 Davis Drive, Newmarket, Ontario L3Y 2R2
Quick Rent Estimate
Active Suites4 Available
Type
Units
Avg Rent
2-Bedroom
3
$3,467
1-Bedroom + Den
1
$2,350

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2025
Total Suites327
DeveloperBriarwood Development Group

Developed by Briarwood Development Group at 705-715 Davis Drive in Newmarket, Kingsley Square is an established residential building completed in 2025 containing 327 suites across its footprint. Active marketing volume stands at 4 listings yielding an availability rate of 1.2 percent. Closed leasing volume over the past 90 days reached 9 transactions with an average days on market of 12 days, while the 30-day window recorded 5 closed transactions averaging 13 days on market.

Current active asking rents average $3,188 per month at $3.76 per square foot across an average footprint of 843 square feet, compared to historical 90-day realized leases averaging $2,522 per month at $4.11 per square foot across 611 square feet. Current active inventory skews toward larger, multi-bedroom executive layouts with an average footprint of 843 square feet compared to the 640-square-foot historical all-time lease average, creating a higher nominal asking threshold while the active rate of $3.76 per square foot sits slightly below the submarket asking benchmark of $3.99 per square foot.

Closed days on market averaged 12 days over the past 90 days, while delisted listings averaged 8 days on market before removal, with zero percent of historical leases executing at or above asking due to minor tenant concessions averaging 0.02 percent below list price. Prospective renters seeking multi-bedroom space find deep selection with 3 active two-bedroom configurations, whereas 1-bedroom plus den layouts maintain a single active listing offering scarce availability.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Kingsley Square as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units4
-1 (20.0%)
Avg Asking Rent$3,188
-$63 (1.9%)
Avg Suite Size843 sf
+89 sf (11.7%)
Avg Days on Market38d
+25d (185.4%)
Avg Asking $/SF$3.76
-$0.79 (17.3%)

Active Market Insights & Questions

How has rental availability changed at Kingsley Square recently?

Kingsley Square features 4 active listings as of August 31, 2026, with an overall asking price range spanning from $2,350 to $4,000 per month, an average rent of $3,188 per month, and a median rent of $3,200 per month. Active suites average 843 square feet with a mean asking rate of $3.76 per square foot. Two-bedroom configurations dominate the active availability with a 75 percent share of current inventory, indicating that available stock leans heavily toward multi-bedroom executive floor plans rather than compact entry-level footprints.

What floor plans and unit layouts are currently available at Kingsley Square?

Two-bedroom suites represent the dominant active layout at Kingsley Square, accounting for 3 listings and 75 percent of current inventory. This tier commands an average rent of $3,467 per month with a median of $3,500 per month, spanning an average of 908 square feet at an asking rate of $3.80 per square foot. Meanwhile, the 1-bedroom plus den tier comprises 1 listing representing a 25 percent share, averaging $2,350 per month across 650 square feet at an asking rate of $3.62 per square foot.

What is the average asking rent and $/SF by suite size at Kingsley Square?

Kingsley Square registers a minimum entry rent of $2,350 per month and a peak asking rent of $4,000 per month, generating a dollar spread of $1,650 and a percentage spread of 70.2 percent. Median asking rent settles at $3,200 per month across the active pool. The entry-level option consists of a 1-bedroom plus den suite spanning 650 square feet priced at $3.62 per square foot, whereas the peak tier is anchored by a 2-bedroom layout spanning 950 square feet priced at $4.21 per square foot.

How much extra do parking spaces and dens cost at Kingsley Square?

Active den premium data cannot be isolated for Kingsley Square as active den square footage deltas and marginal costs are currently unquantified. Active parking premium data is unreliable or based on insufficient sample size, so parking stall costs cannot be isolated from current listings. Prospective tenants must verify parking stall availability directly with leasing management.

How do asking rents at Kingsley Square compare to local and municipal benchmarks?

Kingsley Square asks an average rent of $3,188 per month at $3.76 per square foot, positioning its asking rate 5.8 percent below the Newmarket submarket asking benchmark of $3.99 per square foot. While nominal asking rents sit above the submarket average lease rent of $2,522 per month, this variance is driven by larger suite sizes in the active inventory rather than higher unit pricing. The building accounts for 7 active listings across the broader submarket ecosystem.

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 Kingsley Square (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,630
Avg Leased Size640 sf
Avg Days to Lease13d
Leased $/SF$4.67

Leased Transaction Insights & Questions

How many suites were leased at Kingsley Square last month, and how fast did they rent?

At Kingsley Square, leasing velocity averaged 13 days on market over the 30-day window, 12 days over the 90-day window, and 12 days across the lifetime benchmark, comfortably outpacing the broader Newmarket submarket benchmark of 23 days. Closed lease counts tracked 5 units in the 30-day window, 9 units across the 90-day window, and 19 units total lifetime, demonstrating steady rental absorption throughout the summer leasing cycle.

What is the negotiation spread between asking rents and closed lease prices at Kingsley Square?

At Kingsley Square, transactions settled on average at a slight landlord premium of $4 per month, representing 0.02% above asking and yielding $48 per year in additional rental revenue. Market leverage remained balanced, allowing landlords to capture full asking rates without significant pushback on price or discounting.

What are typical executed lease prices across different layouts at Kingsley Square?

The two highest-volume anchor layouts at Kingsley Square were the 1-Bedroom with 11 closed leases averaging $2,131 per month at 10 days on market, and the 2-Bedroom with 4 closed leases averaging $3,163 per month at 16 days on market. The 1-Bedroom tier achieved an average rent of $2,131 per month, a median rent of $2,150 per month, a P25-P75 range of $2,072 to $2,200 per month, an average size of 559 square feet, an average rate of $3.82 per square foot, and an average of 10 days on market, representing a robust sample benchmark. The 2-Bedroom tier achieved an average rent of $3,163 per month, a median rent of $3,000 per month, a P25-P75 range of $2,838 to $3,325 per month, an average size of 773 square feet, an average rate of $4.52 per square foot, and an average of 16 days on market, serving as a small sample size directional reference. The 1-Bedroom + Den tier recorded 3 closed leases averaging $2,333 per month, a median rent of $2,350 per month, a P25-P75 range of $2,300 to $2,375 per month, an average size of 659 square feet, an average rate of $3.54 per square foot, and an average of 12 days on market, representing a small sample size directional reference (note that this represents an individual deal rather than a broad statistical benchmark). The 2-Bedroom + Den tier recorded 1 closed lease averaging $3,000 per month, a median rent of $3,000 per month, a P25-P75 range of $3,000 to $3,000 per month, an average size of 950 square feet, an average rate of $3.16 per square foot, and an average of 13 days on market, representing an individual single transaction rather than a broad statistical benchmark (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Kingsley Square?

At Kingsley Square, paired parking data was insufficient to reliably isolate a standalone monthly parking premium. Suite leasing packages bundled parking or lacked explicit line-item breakdowns in historical records, preventing a direct valuation comparison against active asking parking rates.

How does the lease-to-listing ratio at Kingsley Square reflect current tenant demand?

Overall rent trajectory at Kingsley Square rose steadily across the tracked monthly timeline from spring into late summer. In April 2026, 3 units closed averaging $2,265 per month at $3.68 per square foot over 11 days on market. In May 2026, 7 units closed averaging $2,371 per month at $3.70 per square foot over 11 days on market. In June 2026, 4 units closed averaging $2,388 per month at $3.41 per square foot over 11 days on market. In August 2026, 5 units closed averaging $2,630 per month at $4.67 per square foot over 13 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Kingsley Square (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,199
Avg Suite Size550 sf
Avg Days on Market8d
Delisted $/SF$4.00

De-Listed Market Analysis & Questions

How many listings de-listed at Kingsley Square, and what was their re-listing price compared to previous asking?

At Kingsley Square, exactly 1 unit was delisted, representing a delisted-to-leased ratio of 20.0% relative to the 19 completed leases. This single removed listing consisted entirely of a terminated listing, with zero expired or suspended entries. This low ratio highlights healthy market absorption, with only 1 listing pulled for every 19 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Kingsley Square?

At Kingsley Square, unrented units asked $431 per month below realized leases nominally due to smaller average floor plans, but commanded a higher rate per square foot ($4.00 per square foot vs. $3.89 per square foot all-time realized lease rate). This indicates that unrented listings asked $2,199 per month, which was lower in gross rent because they featured compact layouts, whereas prospective tenants faced firmer pricing on density.

What market friction causes rental listings to stall or de-list at Kingsley Square?

At Kingsley Square, delisted units averaged 8 days on market compared to 12 days for realized leases. Because unrented listings cleared faster than the active leasing average and did not accumulate excess marketing days, landlords incurred zero vacancy carrying costs or extended unrented holding periods.

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
Select layout to filter chart
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)
2026-04-27621885733.827
2026-04-28621925733.837
2026-04-29826446114.406
2026-04-30827006374.364
2026-05-01727796494.424
2026-05-02727796494.425
2026-05-03628926664.527
2026-05-04628926664.528
2026-05-05628926664.529
2026-05-06432637234.838
2026-05-07333176575.3210
2026-05-08240007256.119
2026-05-09336838005.147
2026-05-10336838005.148
2026-05-11336838005.149
2026-05-12336838005.1410
2026-05-13336838005.1411
2026-05-14336838005.1412
2026-05-15336838005.1413
2026-05-16336838005.1414
2026-05-17336838005.1415
2026-05-18336838005.1416
2026-05-19336838005.1417
2026-05-20336838005.1418
2026-05-21336838005.1419
2026-05-22336838005.1420
2026-05-23336838005.1421
2026-05-24336838005.1422
2026-05-25336838005.1423
2026-05-26240007256.1127
2026-05-27240007256.1128
2026-05-28240007256.1129
2026-05-29240007256.1130
2026-05-30240007256.1131
2026-05-31240007256.1132
2026-06-01240007256.1133
2026-06-02240007256.1134
2026-06-03336678005.1223
2026-06-04432757384.8018
2026-06-05432757384.8019
2026-06-06432757384.8020
2026-06-07432757384.8021
2026-06-08432757384.8022
2026-06-09432757384.8023
2026-06-10432757384.8024
2026-06-11530207004.5620
2026-06-12530207004.5621
2026-06-13728216894.2616
2026-06-14728216894.2617
2026-06-15629427134.3419
2026-06-16529306654.5721
2026-06-17431636944.8127
2026-06-18431636944.8128
2026-06-19431636944.8129
2026-06-20431636944.8130
2026-06-21431636944.8131
2026-06-22431636944.8132
2026-06-23532307404.6026
2026-06-24532307404.6027
2026-06-25532307404.6028
2026-06-26338337915.3340
2026-06-27338337915.3341
2026-06-28338337915.3342
2026-06-29338337915.3343
2026-06-30338337915.3344
2026-07-01338337915.3345
2026-07-02338337915.3346
2026-07-03338337915.3347
2026-07-04338337915.3348
2026-07-05338337915.3349
2026-07-06338337915.3350
2026-07-07338337915.3351
2026-07-08338337915.3352
2026-07-09338337915.3353
2026-07-10338337915.3354
2026-07-11436008064.8541
2026-07-12436008064.8542
2026-07-13436008064.8543
2026-07-14436008064.8544
2026-07-15436008064.8545
2026-07-16436008064.8546
2026-07-17436008064.8547
2026-07-18436008064.8548
2026-07-19436008064.8549
2026-07-20436008064.8550
2026-07-21436008064.8551
2026-07-22533207554.6842
2026-07-23533207554.6843
2026-07-24533207554.6844
2026-07-25533207554.6845
2026-07-26533207554.6846
2026-07-27533207554.6847
2026-07-28533207554.6848
2026-07-29533207554.6849
2026-07-30533207554.6850
2026-07-31532507554.5413
2026-08-01532507554.5414
2026-08-02532507554.5415
2026-08-03532507554.5416
2026-08-04532507554.5417
2026-08-05435138064.6820
2026-08-06532807754.4716
2026-08-07532807754.4717
2026-08-08532807754.4718
2026-08-09532807754.4719
2026-08-10532807754.4720
2026-08-11532807754.4721
2026-08-12435138064.6827
2026-08-13435138064.6828
2026-08-14435138064.6829
2026-08-15532607754.4424
2026-08-16532607754.4425
2026-08-17631257374.4421
2026-08-18631257374.4422
2026-08-19631257374.4423
2026-08-20530207853.8725
2026-08-21628837463.8922
2026-08-22628837463.8923
2026-08-23628837463.8924
2026-08-24628837463.8925
2026-08-25628837463.8926
2026-08-26529707853.7730
2026-08-27529707853.7731
2026-08-28529707853.7732
2026-08-29530008053.7032
2026-08-30530008053.7033
2026-08-31431888433.7638

12-Month Market Dynamics & Trend Trajectory

Kingsley Square has recorded a lifetime volume of 19 closed lease transactions at an average monthly rent of $2,426 and $3.89 per square foot. Suites average 640 square feet with a lifetime average days on market of 12, reflecting fast tenant turnover and strong initial occupancy demand in the Newmarket submarket. Transaction distribution shows steady pricing discipline, with properties securing steady lease execution. Leases settled on average at a slight landlord premium of 0.02% above asking price, generating modest annual additional rental revenue of $48 per year and demonstrating stable landlord pricing leverage.

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
Max 2 selected
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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)
2026-04-26121505503.9112
2026-05-03523106193.7910
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24129009503.0517
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-14225007503.4010
2026-06-21222756633.4313
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02122005504.0014
2026-08-09124006503.696
2026-08-16140005008.0020
2026-08-23123005504.189
2026-08-30122506503.4616

Nearby Building Rental Comparables & Price Spreads

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

Kingsley Square competes directly with four nearby residential projects in the Newmarket submarket: Ashton Place located at 10 Ashton Rd (0.76 km away, completed in 2008 with 0 active listings), Specialty Lofts located at 543 Timothy St (1.05 km away, completed in 2005 with 0 active listings), Heritage North located at 155 Main St N (1.10 km away, completed in 1989 with 0 active listings), and King George School Lofts located at 400 Park Ave (1.41 km away, completed in 2021 with 0 active listings). This competitive set spans structural generations from late-1980s conventional builds to mid-2000s hard lofts, conversions, and contemporary mid-rise developments. Because the surrounding competitor properties currently report zero active lease listings in the tracked dataset, overall comp benchmarks for rent, PSF, and square footage cannot be established. Kingsley Square establishes its own modern standard in the micro-market, offering newly constructed suites with an average size of 843 square feet and an average asking rate of $3.76 per square foot, providing renters with contemporary building ages and efficient layouts compared to the older structural stock found across the neighborhood.

155 Main St N, Newmarket

Avg Asking$2,800/mo
Avg $/SF$2.55
Rent Spread:
-$388/mo (-12.2%) Lower

400 Park Ave, Newmarket

Avg Asking$3,265/mo
Avg $/SF$4.27
Rent Spread:
+$78/mo (+2.4%) Higher

270 Davis Dr, Newmarket

Avg Asking$2,500/mo
Avg $/SF$2.45
Rent Spread:
-$688/mo (-21.6%) Lower

260 Davis Dr, Newmarket

Avg Asking$2,250/mo
Avg $/SF$2.51
Rent Spread:
-$938/mo (-29.4%) Lower

195 Deerfield Road, Newmarket

Avg Asking$2,688/mo
Avg $/SF$4.13
Rent Spread:
-$500/mo (-15.7%) Lower
The Davis2.0 km

185 Deerfield Rd, Newmarket

Avg Asking$2,554/mo
Avg $/SF$3.48
Rent Spread:
-$633/mo (-19.9%) Lower

Comparable Analysis & Questions

How do rental rates at Kingsley Square compare to neighbouring buildings within Newmarket?

Kingsley Square records an average asking rent of $3,188 per month across its active listings, operating independently of the surrounding competitor set due to an absence of active peer leasing data. The nearby competitive set includes Ashton Place located at 10 Ashton Rd (built in 2008, 0.76 km away), Specialty Lofts located at 543 Timothy St (built in 2005, 1.05 km away), Heritage North located at 155 Main St N (built in 1989, 1.10 km away), and King George School Lofts located at 400 Park Ave (built in 2021, 1.41 km away). None of these competing properties report active rental rates, lease prices per square foot, or average square footages in the current reporting period.

Does Kingsley Square offer a competitive price-per-square-foot ($/SF) against local comparables?

Kingsley Square delivers a modern value proposition in the Newmarket submarket, anchoring its active leasing at an average of $3.76 per square foot with an average suite size of 843 square feet. Renters evaluating Kingsley Square against older neighbourhood alternatives trade into contemporary construction efficiencies, lower near-term utility burdens, and modern interior finishes. While older local alternatives such as Heritage North (built in 1989) or Specialty Lofts (built in 2005) offer established neighbourhood locations, Kingsley Square provides brand-new structural integrity and optimized layouts that outpace older, less energy-efficient footprints.

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

Kingsley Square establishes an extensive lifestyle and amenity profile featuring a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, a pet-friendly Dog Run, a Pet Wash Station, a Business Centre, and an expansive Rooftop Terrace with a BBQ Area. By comparison, Ashton Place (built in 2008) offers a gym, party room, meeting room, and concierge; Specialty Lofts (built in 2005) features a games and billiards room, media and theatre room, rooftop terrace, and BBQ area; Heritage North (built in 1989) provides a shared laundry room, sauna and steam room, tennis and pickleball court, library and reading room, garden and courtyard, and outdoor children's playground; and King George School Lofts (built in 2021) offers a garden and courtyard. This comprehensive amenity package positions Kingsley Square best to serve young professionals, couples, and pet owners seeking contemporary wellness and remote-work conveniences.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Kingsley Square.

Building Amenities

  • BBQ Area
  • Business Centre
  • Concierge & Security
  • Dog Run
  • Garden & Courtyard
  • Gym & Fitness Centre
  • Meeting Room
  • Party & Lounge Room
  • Pet Wash Station
  • Rooftop Terrace
  • Yoga Studio

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Kingsley Square.

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.