Market Data as of August 31, 2026
Classique Residences — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Classique Residences at 155 Hillcrest Ave in Cooksville, Mississauga, is a Tridel-built tower completed in 1991 with 341 suites. As of August 31, 2026, one unit is actively listed for rent, representing a 0.3 percent availability rate across the building. Leasing activity remains modest: zero closed leases in the trailing 30 days, one lease signed in the past 90 days at an average of $2,350 per month with a 55-day marketing period, and three tracked leases over the full recorded history averaging $2,450 per month with a 35-day average time on market.
The single active listing asks $2,575 per month for a 1,066-square-foot two-bedroom-plus-den suite, translating to $2.42 per square foot. That rate sits 27.3 percent below the Cooksville submarket asking benchmark of $3.33 per square foot, even though the nominal monthly rent exceeds the submarket average asking rent of $2,386. The premium in headline pricing is entirely a function of suite size: the active unit provides 349 square feet more space than the submarket implied average of 717 square feet, and it is 249 square feet larger than the 817-square-foot average footprint seen across historical leases at this building. Compared to the all-time realized lease rate of $3.59 per square foot, the current asking rate is meaningfully lower on a per-foot basis, reflecting the expansive footprint of this particular unit.
Marketing velocity for the active listing is strong at seven days on market, well under the Cooksville submarket average of 23 days, and the building has recorded zero delisted, terminated, or expired listings in the tracked period. Across all three historical leases, tenants negotiated an average concession of $50 per month, or two percent below asking, with one in three deals closing under the initial price point. Inventory depth is extremely thin: the sole available unit is a two-bedroom-plus-den layout, leaving no one-bedroom, studio, or standard two-bedroom options for renters seeking alternatives at this address.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Classique Residences as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Classique Residences recently?
Classique Residences has one active listing as of August 31, 2026, asking $2,575 per month with a minimum and maximum rent of $2,575 and a median of $2,575. The available suite spans 1,066 square feet at an asking rate of $2.42 per square foot. This single listing is a two-bedroom-plus-den layout, representing 100 percent of current active inventory, and the building's available stock leans squarely toward a larger executive footprint rather than compact entry-level units.
What floor plans and unit layouts are currently available at Classique Residences?
The dominant and sole active layout at Classique Residences is the two-bedroom-plus-den, with one listing accounting for 100 percent of available inventory. That unit asks $2,575 per month across 1,066 square feet, equating to $2.42 per square foot. No studio, one-bedroom, or standard two-bedroom units are currently listed, so renters seeking smaller or differently configured layouts must look to the broader Cooksville submarket.
What is the average asking rent and $/SF by suite size at Classique Residences?
Classique Residences shows a minimum entry rent of $2,575 and a peak asking rent of $2,575, producing a dollar spread of zero and a percentage spread of zero percent due to the single active listing. The entry-level suite is a two-bedroom-plus-den at 1,066 square feet and $2.42 per square foot, and because only one unit is listed, the peak suite is identical in configuration, size, and rate. With no range of asking prices to compare, the pricing spread cannot be meaningfully characterized beyond this single data point.
How much extra do parking spaces and dens cost at Classique Residences?
Classique Residences does not have a quantified active den premium or square-footage delta for den space, as the single available unit already includes a den within its 1,066-square-foot footprint and no paired comparison unit without a den is currently listed. Parking stall costs also cannot be reliably isolated from the available data; the premium figure is flagged as an unreliable outlier or insufficient sample, and no verified monthly parking add-on can be quoted for this building.
How do asking rents at Classique Residences compare to local and municipal benchmarks?
Classique Residences asks $2,575 per month and $2.42 per square foot, compared to the Cooksville submarket average asking rent of $2,386 and $3.33 per square foot. The building's asking rate is 27.3 percent below the submarket per-square-foot benchmark, a gap fully explained by the active suite's 1,066-square-foot footprint versus the submarket implied average of 717 square feet. Classique Residences accounts for one out of 31 available listings in the Cooksville submarket, representing roughly 3.2 percent of total active inventory in the area.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 4 | 2400 | 775 | 3.59 | 11 |
| 2026-04-28 | 3 | 2500 | 817 | 3.71 | 12 |
| 2026-04-29 | 3 | 2500 | 817 | 3.71 | 13 |
| 2026-04-30 | 3 | 2500 | 817 | 3.71 | 14 |
| 2026-05-01 | 3 | 2500 | 817 | 3.71 | 15 |
| 2026-05-02 | 3 | 2500 | 817 | 3.71 | 16 |
| 2026-05-03 | 3 | 2500 | 817 | 3.71 | 17 |
| 2026-05-04 | 3 | 2500 | 817 | 3.71 | 18 |
| 2026-05-05 | 3 | 2500 | 817 | 3.71 | 19 |
| 2026-05-06 | 3 | 2500 | 817 | 3.71 | 20 |
| 2026-05-07 | 3 | 2500 | 817 | 3.71 | 21 |
| 2026-05-08 | 3 | 2500 | 817 | 3.71 | 22 |
| 2026-05-09 | 3 | 2500 | 817 | 3.71 | 23 |
| 2026-05-10 | 3 | 2500 | 817 | 3.71 | 24 |
| 2026-05-11 | 3 | 2500 | 817 | 3.71 | 25 |
| 2026-05-12 | 3 | 2500 | 817 | 3.71 | 26 |
| 2026-05-13 | 2 | 2550 | 750 | 4.31 | 30 |
| 2026-05-14 | 1 | 2500 | 400 | 6.25 | 33 |
| 2026-05-15 | 1 | 2500 | 400 | 6.25 | 34 |
| 2026-05-16 | 1 | 2500 | 400 | 6.25 | 35 |
| 2026-05-17 | 1 | 2500 | 400 | 6.25 | 36 |
| 2026-05-18 | 1 | 2500 | 400 | 6.25 | 37 |
| 2026-05-19 | 1 | 2500 | 400 | 6.25 | 38 |
| 2026-05-20 | 1 | 2500 | 400 | 6.25 | 39 |
| 2026-05-21 | 1 | 2500 | 400 | 6.25 | 40 |
| 2026-05-22 | 1 | 2500 | 400 | 6.25 | 41 |
| 2026-05-23 | 1 | 2500 | 400 | 6.25 | 42 |
| 2026-05-24 | 1 | 2500 | 400 | 6.25 | 43 |
| 2026-05-25 | 1 | 2500 | 400 | 6.25 | 44 |
| 2026-05-26 | 1 | 2500 | 400 | 6.25 | 45 |
| 2026-05-27 | 1 | 2500 | 400 | 6.25 | 46 |
| 2026-05-28 | 1 | 2500 | 400 | 6.25 | 47 |
| 2026-05-29 | 1 | 2500 | 400 | 6.25 | 48 |
| 2026-05-30 | 1 | 2500 | 400 | 6.25 | 49 |
| 2026-05-31 | 1 | 2500 | 400 | 6.25 | 50 |
| 2026-06-01 | 1 | 2500 | 400 | 6.25 | 51 |
| 2026-06-02 | 1 | 2500 | 400 | 6.25 | 52 |
| 2026-06-03 | 1 | 2500 | 400 | 6.25 | 53 |
| 2026-06-04 | 1 | 2500 | 400 | 6.25 | 54 |
| 2026-08-24 | 1 | 2575 | 1066 | 2.42 | N/A |
| 2026-08-25 | 1 | 2575 | 1066 | 2.42 | 1 |
| 2026-08-26 | 1 | 2575 | 1066 | 2.42 | 2 |
| 2026-08-27 | 1 | 2575 | 1066 | 2.42 | 3 |
| 2026-08-28 | 1 | 2575 | 1066 | 2.42 | 4 |
| 2026-08-29 | 1 | 2575 | 1066 | 2.42 | 5 |
| 2026-08-30 | 1 | 2575 | 1066 | 2.42 | 6 |
| 2026-08-31 | 1 | 2575 | 1066 | 2.42 | 7 |
12-Month Market Dynamics & Trend Trajectory
Classique Residences realized an average lease rent of $2,450 per month and $3.59 per square foot across three lifetime transactions, positioning the building roughly 3% above the Cooksville submarket average lease rent of $2,375 and approximately 10% above the submarket average of $3.26 per square foot. The single active listing at $2,575 per month and $2.42 per square foot trades 27.3% below the submarket asking rate per square foot, but that discount is entirely explained by the suite's 1,066-square-foot footprint, which is 349 square feet larger than the submarket implied average of 717 square feet. Higher nominal rent here is driven by expansive suite size, not a pricing premium. Pricing discipline at Classique Residences skews tenant-favorable, with one of three leases (33.3%) closing below asking at an average concession of $50 per month (2.00%). The net negotiation spread of -$50 per month represents a landlord concession, not a revenue gain, and annualizes to $600 in tenant savings per unit. With only three lifetime transactions, this small sample provides a directional read on landlord willingness to move on price rather than an established statistical benchmark for the Cooksville submarket.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-10 | 2 | 2500 | 1025 | 2.44 | 25 |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 1 | 2350 | 400 | 5.88 | 55 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Classique Residences at 155 Hillcrest Ave sits in a tight cluster of four nearby competitors on Hillcrest Avenue and Novar Road, all recording active lease volume over the trailing 180 days. The closest peer, Emerald Gate at 135 Hillcrest Ave (0.02 km), completed in 1994, logged 13 closed leases. Carlyle Classique at 145 Hillcrest Ave (0.08 km), built in 1990, recorded 5 closed leases, while The Carlyle II at 115 Hillcrest Avenue (0.13 km), also from 1990, closed 7 leases. The fourth competitor, Arte Residences at 3009 Novar Rd (0.54 km), a 2025 completion, posted the highest volume at 27 closed leases. Three of the four peers share the same late-1980s to mid-1990s construction era as the subject, while Arte Residences represents a new-generation build roughly three decades younger. Across the four comparables, the overall benchmark averages $2,373 per month in realized rent, $2.84 per square foot, and 872 square feet of interior space. Classique Residences' all-time lease average of $2,450 per month and $3.59 per square foot places it above both the comp-set rent and rate benchmarks, while its 817-square-foot average suite runs 55 square feet below the comp mean. The subject's 341-suite scale and 1991 completion position it as a mature, mid-size asset in a pocket where three of four peers offer slightly larger footprints at lower per-square-foot rates, and one newer, smaller-format building commands a higher rate on compact units.
Comparable Analysis & Questions
How do rental rates at Classique Residences compare to neighbouring buildings within Cooksville?
Classique Residences' average realized lease rent of $2,450 per month sits $77 above the four-comp benchmark of $2,373, with the spread driven primarily by its premium over Arte Residences and parity with Carlyle Classique. Emerald Gate at 135 Hillcrest Ave (0.02 km, 13 closed leases) averaged $2,410 per month at $2.45 per square foot across 995 square feet, placing the subject $40 higher. Carlyle Classique at 145 Hillcrest Ave (0.08 km, 5 closed leases) matched the subject at $2,450 per month, $2.56 per square foot, and 960 square feet. The Carlyle II at 115 Hillcrest Avenue (0.13 km, 7 closed leases) ran $2,500 per month at $2.63 per square foot over 956 square feet, making the subject $50 lower. Arte Residences at 3009 Novar Rd (0.54 km, 27 closed leases) averaged $2,132 per month at $3.73 per square foot in 576-square-foot suites, leaving the subject $318 higher on a nominal basis despite offering 241 more square feet.
Does Classique Residences offer a competitive price-per-square-foot ($/SF) against local comparables?
At $3.59 per square foot on an 817-square-foot average suite, Classique Residences trades at a premium over three of its four nearby competitors while offering a modest discount to the newest build in the set. Against Emerald Gate ($2.45 per square foot), the subject commands a $1.14 per square foot premium (46.5%) while providing 178 fewer interior square feet, meaning the higher rate per square foot is offset by a tighter footprint that keeps the nominal monthly rent only $40 above the comp. Carlyle Classique ($2.56 per square foot) shows a similar pattern: the subject carries a $1.03 per square foot premium (40.2%) with 143 fewer square feet, yet lands at identical $2,450 monthly rent. The Carlyle II ($2.63 per square foot) presents the same trade-off at a $0.96 per square foot premium (36.5%) and 139 fewer square feet, with the subject trading $50 lower per month. Arte Residences ($3.73 per square foot) is the one comp where the subject offers a $0.14 per square foot discount (3.8%) while delivering 241 more interior square feet, yet the larger footprint pushes the nominal rent $318 higher than the comp's compact-unit pricing.
How do building age, amenities, and developer reputation impact rent spreads?
Classique Residences carries a 14-amenity package anchored by an indoor pool and a car wash bay—two features absent from all four nearby competitors—positioning it as the most recreation-dense option in this Hillcrest Avenue cluster. Emerald Gate differentiates with a tennis and pickleball court, pet wash station, and library that the subject lacks, while Carlyle Classique adds a hot tub and jacuzzi plus tennis and pickleball court not found at 155 Hillcrest Ave. The Carlyle II mirrors much of the subject's suite (gym, sauna, squash, meeting room, media room, business centre) but omits the indoor pool, car wash bay, and garden courtyard. Arte Residences, the 2025 build, pivots toward wellness and remote-work with a yoga studio, EV charging, dining room, outdoor bar, and pet wash station—features the subject does not offer. The subject's indoor pool, squash and racquetball court, car wash bay, and rooftop terrace collectively target cost-conscious professionals and families in Cooksville who prioritize on-site recreation and everyday convenience over the newer wellness-and-technology amenity themes favoured by 2025-era builds.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Classique Residences.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Party & Lounge Room
- Meeting Room
- Sauna & Steam Room
- Squash & Racquetball Court
- Indoor Pool
- Rooftop Terrace
- Garden & Courtyard
- Games & Billiards Room
- Car Wash Bay
- BBQ Area
- Media & Theatre Room
- Business Centre
Residential Buildings in the Vicinity
- Emerald Gate19 m
- Carlyle Classique84 m
- The Carlyle II131 m
- Arte Residences537 m
- The Waterford570 m
- 3071 Hurontario Street621 m
- Lynwood Lane808 m
- 3120 Kirwin Condos852 m
- The Fairmont859 m
- Willow Walk Condos866 m
- Artform974 m
- King's Garden978 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Classique Residences.
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.
