Emporium at Joshua Creek - South Tower — Rental Market Data

Emporium at Joshua Creek - South Tower realized an average lease rent of $3,013 per month over its all-time closed transactions, which is $563 (22.8 percent) above the four-comp benchmark of $2,450 and well above every individual competitor in this pocket. Emporium II - North Tower at 2480 Prince Michael Dr (0.09 km, 4 closed leases) averaged $2,750 per month at $2.86 per square foot across 975 square feet; The Wilmot at 1005 Dundas Street E (0.57 km, 31 closed leases) averaged $2,284 per month at $3.45 per square foot across 664 square feet; Clockwork at Upper Joshua Creek - Building 2 at 3006 William Cutmore Blvd (0.98 km, 15 closed leases) averaged $2,437 per month at $3.57 per square foot across 689 square feet; and The Post on Dundas at 412 Silver Maple Rd (0.98 km, 11 closed leases) averaged $2,330 per month at $3.67 per square foot across 651 square feet. All four competitors recorded active lease transactions, so each provides a realized rent benchmark rather than a speculative asking figure.

The subject building leases at $3.14 per square foot across an average 966-square-foot suite, trading at a discount below every active competitor on a per-square-foot basis while providing substantially more interior space. Against Emporium II - North Tower, the subject commands a $0.28 per square foot (9.8 percent) premium but delivers 9 fewer square feet, making the two buildings nearly identical in footprint with the subject priced slightly higher per unit of area. Against The Wilmot, the subject trades at a $0.31 per square foot (9.0 percent) discount while providing 302 more square feet; against Clockwork at Upper Joshua Creek - Building 2, the subject trades at a $0.43 per square foot (12.0 percent) discount with 277 more square feet; and against The Post on Dundas, the subject trades at a $0.53 per square foot (14.4 percent) discount with 315 more square feet. In every case the subject's higher nominal monthly rent is driven entirely by its larger interior footprint rather than a higher per-square-foot valuation, meaning renters pay more in absolute dollars but receive a materially bigger living space at a lower rate per square foot than any 2025- or 2026-built competitor in this submarket.

Emporium at Joshua Creek - South Tower is the only building in this immediate peer set to offer both an indoor pool and an outdoor pool, pairing that aquatic package with a sauna and steam room, a media and theatre room, and a games and billiards room. Emporium II - North Tower adds a hot tub and jacuzzi plus EV charging and a meeting room that the subject lacks; The Wilmot, Clockwork at Upper Joshua Creek - Building 2, and The Post on Dundas each layer in rooftop terraces, yoga studios, business centres, dining rooms, pet wash stations, and EV charging—none of which appear in the subject's amenity list. The subject's dual-pool and full wellness suite (sauna, steam, gym) is a genuinely differentiated lifestyle offering absent from every 2025- and 2026-built competitor, positioning the building as the aquatic-recreation anchor of the Oakville North rental pocket. This package best serves family households and wellness-oriented professionals who value in-building swimming, spa access, and social gathering spaces over the compact, tech-forward urban amenities favored by younger single renters at newer towers.