Mobilio - West Tower — Rental Market Data

Mobilio – West Tower holds three active listings as of August 31, 2026, with asking rents ranging from $2,200 to $2,650 per month, an average of $2,500 and a median of $2,650. The average suite size across these listings is 650 square feet at an asking rate of $3.87 per square foot. The two-bedroom layout accounts for 66.7 percent of active inventory, indicating that current availability leans toward multi-bedroom executive suites rather than compact entry-level configurations.

The dominant active layout at Mobilio – West Tower is the two-bedroom, with two units representing 66.7 percent of available inventory at an average asking rent of $2,650 per month across 700 square feet and a rate of $3.81 per square foot. The one-bedroom-plus-den tier contributes one listing at 33.3 percent share, asking $2,200 per month for 550 square feet at $4.00 per square foot. No other bedroom tiers currently have active availability.

Mobilio – West Tower's active asking rents span from a minimum of $2,200 per month to a peak of $2,650 per month, a dollar spread of $450 or 20.5 percent. The median asking rent sits at $2,650 per month. The entry-level suite is a one-bedroom-plus-den at 550 square feet priced at $4.00 per square foot, while the peak offering is a two-bedroom at 750 square feet priced at $3.53 per square foot.

Mobilio – West Tower does not have a quantified den premium or square-footage delta in its current active listings, as the one-bedroom-plus-den tier is represented by a single listing that precludes reliable marginal-cost calculation. Active parking premiums also cannot be reliably isolated from the current sample due to insufficient paired data. However, verified historical leases at the building established a parking stall cost of $319 per month, which serves as a reference benchmark for prospective renters.

Mobilio – West Tower's active asking rent of $2,500 per month and $3.87 per square foot both exceed the Vaughan Metropolitan Centre submarket asking benchmarks of $2,315 per month and $3.73 per square foot. The building's 3.8 percent per-square-foot premium over the submarket reflects a modest pricing advantage rather than a dramatic divergence, and the higher nominal rent is partly attributable to the larger average suite size in the active inventory. Mobilio – West Tower's three listings represent approximately 2.6 percent of the submarket's 115 total active listings.

Mobilio – West Tower's average closed-lease rent of $2,128 per month sits $44 above the four-comp average of $2,084, placing it in the upper half of its immediate peer group. Mobilio – East Tower at 38 Honeycrisp Cres leases at $2,178 per month ($4.10 per square foot, 540 sq ft), Mobilio – South Tower at 60 Honeycrisp Cres at $2,130 ($4.09 per square foot, 528 sq ft), Grand Festival – Landmark Tower at 28 Interchange Way at $2,050 ($3.82 per square foot, 546 sq ft), and Festival – Landmark Tower at 195 Commerce St at $1,976 ($3.86 per square foot, 520 sq ft). The West Tower's rent therefore brackets the two Mobilio siblings closely while running $78 to $152 above the Festival pair, a spread that reflects its larger average suite size and 2023 build date.

At $3.90 per square foot and an average 552-square-foot lease-up, Mobilio – West Tower delivers more interior space than every nearby competitor while pricing below its two Mobilio siblings and slightly above the Festival towers on a per-square-foot basis. Compared with East Tower ($4.10/sq ft, 540 sq ft) and South Tower ($4.09/sq ft, 528 sq ft), the West Tower offers 12 and 24 additional square feet respectively at a $0.19 to $0.20 per-square-foot discount, meaning renters gain meaningful floor area without paying a premium rate. Against Grand Festival – Landmark Tower ($3.82/sq ft, 546 sq ft) and Festival – Landmark Tower ($3.86/sq ft, 520 sq ft), the West Tower commands a $0.04 to $0.08 per-square-foot premium but still provides 6 to 32 more square feet, so the absolute rent delta remains modest while the space advantage is tangible. The net effect is a renter who trades a small per-square-foot premium over the Festival pair for a noticeably larger suite, or captures a per-square-foot savings versus the Mobilio siblings while gaining extra living area.

Mobilio – West Tower's amenity suite emphasizes active wellness, family programming, and social dining in a way that differentiates it from both its Mobilio siblings and the newer Festival towers. The West Tower's dedicated Yoga Studio is absent from Grand Festival – Landmark Tower (which substitutes a Spin Studio) and Mobilio – South Tower, giving fitness-oriented renters a calmer, flexibility-focused option. Its Dining Room & Kitchen is missing entirely from Mobilio – East Tower, making the West Tower the more social gathering venue within the Mobilio cluster. The outdoor Children's Playground is not offered at Festival – Landmark Tower, adding an important family-friendly outdoor space. Conversely, the West Tower does not include the Indoor Pool, Sauna & Steam Room, or Dog Run found at both Festival towers, so renters who prioritize resort-style hydrotherapy or on-site pet exercise will find those features only at Grand Festival or Festival – Landmark Tower. The lifestyle package best serves young professionals and small families who value yoga and flexibility training, in-building dining, and outdoor play for children over pool-and-spa amenities or dedicated pet facilities.