The Mason at Brightwater — Rental Market Data

The Mason at Brightwater carries five active listings as of August 31, 2026, with asking rents spanning $2,250 to $3,900 per month, an average of $2,858, and a median of $2,890. Average suite size across active inventory is 743 square feet at an asking rate of $3.89 per square foot. The layout mix splits evenly between one-bedroom and two-bedroom units (40 percent each), with a single two-bedroom-plus-den suite rounding out the remaining 20 percent, placing the building's current availability squarely in the compact-to-mid-range entry segment rather than the multi-bedroom executive tier.

One-bedroom and two-bedroom suites each command 40 percent of The Mason at Brightwater's active inventory, with two listings in each tier. One-bedroom units average 557 square feet at $2,250 per month and $4.04 per square foot, while two-bedroom units average 752 square feet at $2,945 per month and $3.92 per square foot. A single two-bedroom-plus-den suite at 1,100 square feet and $3,900 per month ($3.55 per square foot) represents the building's only executive-layout option and constitutes a single-listing tier with no comparable alternatives currently on market.

The Mason at Brightwater's five active listings span a $1,650 spread (73.3 percent), from a $2,250 entry point to a $3,900 peak asking rent. The median asking rent sits at $2,890 per month, anchoring the mid-range of the distribution. The entry-level suite is a 550-square-foot one-bedroom at $4.09 per square foot, while the peak offering is a 1,100-square-foot two-bedroom-plus-den at $3.55 per square foot, illustrating that the building's highest-priced unit actually delivers a lower per-square-foot rate due to its expanded footprint.

The Mason at Brightwater does not currently have a quantifiable den premium or square-footage delta isolable from active listings, as the single two-bedroom-plus-den unit lacks a paired two-bedroom comparison at the same price point. Parking stall premiums also cannot be reliably isolated from the current listing sample; the data reflects an insufficient paired sample or anomalous outlier, and no verified parking fee can be quoted. Renters should request individual parking add-on pricing directly from the leasing office rather than relying on a generalized premium figure.

The Mason at Brightwater asks an average of $2,858 per month and $3.89 per square foot, compared with the Mississauga South submarket asking benchmark of $2,827 per month and $4.53 per square foot. The building's nominal rent is marginally higher than the submarket average, but its 14.1 percent lower per-square-foot rate confirms that the difference is driven by larger suite footprints (743 square feet average) rather than a premium unit pricing strategy. The Mason at Brightwater accounts for five of the 25 active listings in the Mississauga South submarket, representing a 20 percent share of current area inventory.

The Mason at Brightwater's all-time average lease rent of $2,604 per month sits $369 below the four-comp average of $2,973, placing it in the lower half of this Mississauga South micro-market. Brightwater II at 220 Missinnihe Way (0.09 km) closed leases averaging $2,655 per month at $4.08 per square foot on 665 square feet, a spread of just $51 above the subject. Brightwater I at 215 Lakeshore Rd W (0.14 km) recorded an average of $2,388 per month at $3.88 per square foot on 617 square feet, running $216 below the subject's realized rent. The Sheridan Manor at 345 Lakeshore Road W (0.45 km) has no reported lease data in the trailing period, and 75 South Maple Avenue South Townhouses at 75 Maple Avenue South (0.46 km) closed a single lease at $3,875 per month, $4.08 per square foot on 950 square feet—$1,271 above the subject's average.

The Mason at Brightwater leases at an all-time average of $3.91 per square foot on 678 square feet, which is a $0.17 per square foot (4.2%) discount below Brightwater II's $4.08 rate and a $0.17 discount below 75 South Maple's $4.08, while carrying a slight $0.03 per square foot premium over Brightwater I's $3.88. Tenants gain 13 additional square feet over Brightwater II's 665-square-foot average and 61 more over Brightwater I's 617-square-foot average, yet pay less per square foot in both cases. Against the 2005 townhouses at 950 square feet, the subject provides 272 fewer interior square feet but at a rate $0.17 per square foot lower, making the total monthly outlay roughly $1,271 less despite the smaller footprint. The submarket leased benchmark of $3.91 per square foot confirms the subject is pricing at parity with the broader Mississauga South market while delivering a newer, 2025-built product.

The Mason at Brightwater's 13-amenity package extends beyond both Brightwater towers and dramatically exceeds the offerings at the two older comparables in this 500-metre radius. The indoor Kids' Play Room is absent from Brightwater II, Brightwater I, 75 South Maple, and The Sheridan Manor alike, giving families a dedicated weather-proof space no nearby competitor matches. The Garden & Courtyard is likewise unique to the subject; neither Brightwater tower offers an enclosed green courtyard, and the 2005 townhouses provide only a basic BBQ area. The Meeting Room is available at Brightwater I but missing from Brightwater II, 75 South Maple, and Sheridan Manor, giving remote workers and small teams a step above the majority of the set. The combined Yoga Studio and Spin Studio pairing is unavailable at 75 South Maple (BBQ only) and Sheridan Manor (concierge and shared laundry only), and while both Brightwater towers include these studios, the subject adds the Pet Wash Station alongside them—a feature Sheridan Manor and 75 South Maple do not offer. Together, this lifestyle package best serves young professional families with children and pets who want a full fitness suite, a private meeting space, and year-round outdoor greenery without stepping outside a 2025-built building.