Towne Square — Rental Market Data

Towne Square features 1 active listing as of August 31, 2026, with an asking price range, average, and median rent of $3,750 per month. The sole available residence averages 1,100 square feet with an asking rate of $3.41 per square foot. This active inventory consists entirely of a 1-Bedroom + Den layout, giving the current market profile a 100 percent concentration in multi-room executive configurations rather than compact entry-level suites.

The dominant active layout at Towne Square is the 1-Bedroom + Den, accounting for 1 active listing and a 100 percent share of current inventory. This singular tier offers an average asking rent of $3,750 per month across an average of 1,100 square feet at $3.41 per square foot. There are zero active units available across any other bedroom tier.

Towne Square exhibits a minimum entry rent and peak asking rent of $3,750 per month, resulting in a dollar spread of $0 and an asking spread percentage of 0 percent. The median asking rent matches this exact figure at $3,750 per month. The entry-level and peak suite share identical specifications as a 1-Bedroom + Den layout spanning 1,100 square feet at $3.41 per square foot.

Towne Square has active den premium data that is currently unavailable as a result of a single-listing inventory sample. Den square footage deltas and marginal price per square foot figures cannot be reliably isolated. Furthermore, active parking premiums cannot be reliably isolated due to an insufficient paired sample.

Towne Square asks an average of $3,750 per month at $3.41 per square foot, comparing against broader Oakville South submarket asking benchmarks of $4,206 per month and $8.34 per square foot. The lower nominal monthly outlay and a psf versus submarket asking percentage of -59.1 percent reflect the building's specific positioning within the submarket, where active inventory accounts for a 5.9 percent share of the 17 total submarket active listings.

Towne Square achieves an average lease rent of $4,200 per month, comparing directly against the broader competitive average of $4,500 per month across established local benchmarks including The Granary, Towne Square II, Robinson Terrace, and The Coventry. The competitive set includes The Granary at 100 Lakeshore Rd E, which recorded an average lease rent of $4,500 per month at $3 per square foot across an average of 1,500 square feet. Meanwhile, Towne Square II at 221 Robinson St, Robinson Terrace at 151 Robinson St, and The Coventry at 261 Church St maintain 0 active listings and currently report no closed leases within the tracking window.

Towne Square establishes its value proposition by offering an average leased rate of $3.82 per square foot across an average suite size of 1,100 square feet, positioning itself at a $0.82 per square foot (27.3%) premium over The Granary at 100 Lakeshore Rd E ($3 per square foot, 1,500 square feet) while trading at square footage and rate parity with Towne Square II, Robinson Terrace, and The Coventry. Renters weighing these options trade 400 fewer interior square feet at Towne Square (1,100 square feet) compared to The Granary's larger 1,500 square foot layouts in exchange for a more manageable footprint, modern layout efficiencies, and a central downtown address.

Towne Square provides a curated amenity profile centered on essential resident convenience, featuring concierge and security, a party and lounge room, and a meeting room. When contrasted against nearby alternatives, the building delivers targeted shared spaces that complement competing properties such as Towne Square II (which adds a gym, sauna, and steam room), Robinson Terrace (which includes a BBQ area and rooftop terrace), and The Granary (which features an indoor pool, hobby room, woodworking room, garden, and art studio), effectively serving downsizers and professionals seeking a streamlined, maintenance-free downtown lifestyle.