The Legends at Mystic Pointe — Rental Market Data

The Legends at Mystic Pointe has one active listing as of August 31, 2026, asking $2,450 per month with both the average and median rent at $2,450. The available suite spans 750 square feet at an asking rate of $3.27 per square foot. This single listing is a one-bedroom-plus-den layout, representing 100 percent of current active inventory, and sits above the submarket implied average size of 712 square feet rather than leaning toward compact entry-level configurations.

The sole active layout at The Legends at Mystic Pointe is a one-bedroom-plus-den unit, accounting for 100 percent of available inventory with one listing. That unit asks $2,450 per month on 750 square feet, yielding a rate of $3.27 per square foot. No studio, two-bedroom, or other bedroom tier is currently listed, making this a single-listing sample with no cross-tier comparison possible within the building.

The Legends at Mystic Pointe shows a minimum and maximum asking rent of $2,450 per month, producing a dollar spread of zero and a percentage spread of zero percent. The median asking rent is likewise $2,450. The entry-level and peak suite are the same unit: a one-bedroom-plus-den at 750 square feet and $3.27 per square foot, so no internal price gradient exists across the current active inventory.

The Legends at Mystic Pointe does not have a quantified den premium or square-footage delta for its active one-bedroom-plus-den listing, as the building's single historical lease also closed on a one-bedroom configuration without a paired den comparison. Parking stall costs cannot be reliably isolated from the available data, as the sample is flagged as an unreliable outlier or insufficient paired set, and no verified monthly parking figure can be quoted.

The Legends at Mystic Pointe asks $2,450 per month at $3.27 per square foot, compared to the Mimico submarket asking benchmark of $3,167 per month at $4.45 per square foot. The building's 750 square foot active suite is 38 square feet larger than the submarket implied average of 712 square feet, yet still trades 26.5 percent below the submarket asking rate on a per-square-foot basis. This single listing represents one out of 61 total active listings in the Mimico submarket.

The Legends at Mystic Pointe's average realized lease rent of $2,450 per month sits $360 below the four-comp benchmark of $2,810, positioning the building as the most affordable option in this immediate Manitoba Street pocket. Mystic Pointe Skylofts II (200 Manitoba St, 0.06 km) closed four leases at an average of $2,850 per month ($3.30 per square foot, 891 sq ft), placing the subject $400 lower. Skylofts at Mystic Pointe (250 Manitoba St, 0.12 km) recorded five closed leases averaging $3,120 per month ($3.21 per square foot, 999 sq ft), a $670 gap above the subject. Phoenix (251 Manitoba St, 0.16 km) generated the highest volume with twenty-five closed leases at an average of $2,443 per month ($3.94 per square foot, 623 sq ft), where the subject actually commands a marginal $7 higher monthly rent. Lofts at Mystic Pointe (300 Manitoba St, 0.17 km) closed two leases at $2,825 per month ($2.94 per square foot, 975 sq ft), leaving the subject $375 below that peer. All four competitors posted active lease transactions, so no zero-volume caveat applies in this comparison.

The Legends at Mystic Pointe leases at $3.27 per square foot for an average 750-square-foot suite, trading at a discount below the comp average of $3.35 per square foot and 872 square feet, while offering a smaller footprint than three of four nearby alternatives. Against Mystic Pointe Skylofts II, the subject trades at a $0.03 per-square-foot discount and provides 141 fewer interior square feet, so the $400 lower monthly rent reflects both a modest rate concession and a tighter floor plan. Versus Skylofts at Mystic Pointe, the subject commands a $0.06 per-square-foot premium yet still rents $670 less per month because it delivers 249 fewer square feet—the nominal rent gap is driven entirely by the smaller interior footprint rather than weaker asset valuation. Phoenix inverts the pattern: the subject trades at a $0.67 per-square-foot discount (17 percent below) but provides 127 more square feet, which is why the nominal monthly rent lands just $7 above Phoenix despite the lower per-square-foot rate. Lofts at Mystic Pointe presents a similar trade-off to Skylofts at Mystic Pointe, with the subject commanding a $0.33 per-square-foot premium while offering 225 fewer square feet, keeping the total monthly cost $375 below that competitor.

The Legends at Mystic Pointe offers a mid-tier lifestyle package anchored by a squash and racquetball court, sauna and steam room, gym, party lounge, meeting room, concierge and security, and a dedicated dog run—features that collectively differentiate it from the amenity-heavy Phoenix (251 Manitoba St) and the rooftop-terrace-focused Skylofts buildings. The subject's dog run is absent from Mystic Pointe Skylofts II, Phoenix, and Lofts at Mystic Pointe, giving pet-owning tenants a private outdoor space that three of four competitors do not provide. Conversely, Phoenix distinguishes itself with an outdoor pool, yoga studio, business centre, pet wash station, and treatment room—lifestyle amenities the subject does not carry—while the two Skylofts buildings and Lofts at Mystic Pointe each add rooftop terraces, hot tubs or jacuzzis, BBQ areas, and games rooms that the subject lacks. The squash and racquetball court is a genuine differentiator against Phoenix, which offers no racquet sport facility. This amenity mix best serves cost-conscious professionals and small pet-owning households who prioritize active indoor recreation (racquet sports, sauna, gym) and a secure, concierge-managed environment over resort-style outdoor leisure or co-working infrastructure.