MV1 — Rental Market Data

MV1 at 1440 Clarriage Crt carries one active listing as of August 31, 2026, asking $2,750 per month with both the minimum and maximum rent set at that single figure. The available suite spans 933 square feet at $2.95 per square foot, and the 100 percent layout share belongs to the 2-Bedroom + Den tier. With no one-bedroom or standard two-bedroom units on the market, current inventory leans exclusively toward a larger multi-bedroom executive configuration rather than compact entry-level suites.

The 2-Bedroom + Den is the sole active layout at MV1, accounting for one listing and 100 percent of available inventory. That single unit asks $2,750 per month across 933 square feet at $2.95 per square foot, and no other bedroom tier—whether one-bedroom, standard two-bedroom, or three-bedroom—currently has an active listing. Prospective renters seeking a different configuration at this address must look to the broader Milton submarket, which holds 43 additional active listings across competing buildings.

MV1's active pricing spread is $0 with a 0 percent range, as the single listed unit sets both the minimum and maximum asking rent at $2,750 per month. The entry-level and peak suites are identical: a 2-Bedroom + Den measuring 933 square feet at $2.95 per square foot. With only one unit on the market, there is no internal price gradient to evaluate, and renters comparing options within this building will find no alternative price points to negotiate against.

Den premium costs at MV1 cannot be quantified from the current active inventory, as the single listed unit already includes a den in its base configuration and no paired one-den-versus-no-den comparison exists in the active sample. Parking stall premiums likewise cannot be reliably isolated; the available data reflects an anomalous outlier or insufficient paired sample, so no specific monthly parking fee can be quoted with confidence. Renters should request a current parking add-on schedule directly from the leasing office before signing a lease.

MV1's active asking rent of $2,750 per month exceeds the Milton submarket average asking rent of $2,483 by $267, yet on a per-square-foot basis the building trades at $2.95 versus the submarket asking benchmark of $3.57, a 17.4 percent discount. The nominal rent gap resolves entirely through suite size: the active 933-square-foot unit is 237 square feet larger than the submarket implied average of 696 square feet, so renters are paying more in total dollars for materially more living space at a lower rate per square foot. MV1's single active listing represents 1 out of 44 available units in the Milton submarket, or roughly 2.3 percent of total active inventory.

MV1's average realized lease rent of $2,575 per month runs $230 (9.8%) above the four-comp benchmark of $2,345 per month, with the spread driven primarily by suite size rather than per-square-foot pricing. Hawthorne Village on the Park – Village Suites B at 1045 Nadalin Hts (0.57 km, 3 closed leases) averaged $2,383 per month at $3.06 per square foot across 783 square feet; Hawthorne Village on the Park – Village Suites A at 1005 Nadalin Hts (0.58 km, 3 closed leases) averaged $2,367 per month at $2.89 per square foot across 817 square feet. Creekside Condos at 6415 Regional Rd 25 (0.62 km, 5 closed leases) realized $2,365 per month at $3.16 per square foot over 754 square feet, and Mile & Creek at 740 Whitlock Avenue (0.63 km, 30 closed leases) posted $2,266 per month at $3.60 per square foot across 632 square feet. All four competitors recorded active lease transactions in the trailing 180-day window, so each provides a realized rent benchmark rather than a listing-only reference.

MV1 leases at $3.07 per square foot across an average 852-square-foot suite, trading at a discount below both Creekside Condos ($3.16 per square foot) and Mile & Creek ($3.60 per square foot) while commanding a modest premium over the two Hawthorne Village buildings. Against Creekside Condos, the subject offers a $0.09 per square foot (2.8%) discount yet delivers 98 more interior square feet, meaning the $210-per-month higher nominal rent is entirely a function of the larger footprint rather than a per-square-foot markup. The trade-off sharpens with Mile & Creek: the subject trades at a $0.53 per square foot (14.7%) discount while providing 220 more interior square feet, so the $309-per-month rent differential reflects a 35% larger suite, not a valuation premium. Conversely, against Hawthorne Village A the subject commands a $0.18 per square foot (6.2%) premium and adds 35 square feet, and against Hawthorne Village B it carries a $0.01 per square foot (0.3%) premium with 69 additional square feet—here the subject is genuinely more expensive on both rate and size, justified by its 2024 build date versus the 2014 completion of those towers.

MV1 provides a ten-feature lifestyle package—including a gym and fitness centre, business centre, dining room and kitchen, garden and courtyard, pet wash station, and shared laundry room—that positions it well above the zero-amenity Creekside Condos and the four-feature Hawthorne Village buildings, though it trails Mile & Creek's thirteen-feature suite. Specifically, the subject's garden and courtyard, shared laundry room, and dining room and kitchen are absent from both Hawthorne Village A and B, while its gym, business centre, and pet wash station are features neither 2014-era tower offers. Mile & Creek, however, extends beyond MV1 with a yoga studio, media and theatre room, games and billiards room, rooftop terrace, and automated parcel storage—amenities the subject does not include. Creekside Condos, despite its 2026 estimated completion, provides no common lifestyle or recreational facilities whatsoever, operating as a bare-bones residential product. The tenant demographic best served by MV1's package is the young professional or small family seeking a full-service, move-in-ready environment with on-site fitness, remote-work infrastructure, and pet-friendly conveniences without the premium pricing of Mile & Creek's amenity-heavy model.