Market Data as of August 31, 2026
Arte Residences — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Developed by Emblem Developments and completed in 2025, Arte Residences is an established residential building located at 3009 Novar Rd in the Cooksville neighborhood of Mississauga, offering 427 suites with an active inventory of 8 units, an availability rate of 1.9 percent, and a closed leasing volume of 16 units over the past 90 days averaging 15 days on the market, alongside 8 units closed in the last 30 days averaging 14 days on the market.
Current active asking rents average $2,200 per month at $4.22 per square foot, tracking above realized 90-day leases which average $2,126 per month at $3.78 per square foot, while active square footages average 531 square feet compared to historical leases averaging 577 square feet, and active asking rates per square foot sit above the submarket asking benchmark of $3.33 per square foot.
Marketing friction remains low with a closed days on market average of 15 days over 90 days and 29.2 percent of leases closing under asking at an average tenant discount of $9 per month, while inventory availability offers deep selection in 1-Bedroom + Den layouts but scarce availability across studio units.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Arte Residences as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Arte Residences recently?
Arte Residences features 8 active listings as of August 31, 2026, with asking rents spanning a range of $1,950 to $2,400 per month, an average asking rent of $2,200 per month, and a median asking rent of $2,250 per month. Active listings average 531 square feet with an average asking rate of $4.22 per square foot, and inventory skews heavily toward multi-bedroom executive layouts led by the 1-Bedroom + Den tier.
What floor plans and unit layouts are currently available at Arte Residences?
The dominant active layout at Arte Residences is the 1-Bedroom + Den configuration, representing 5 active listings and a 62.5 percent inventory share. Additional options include 2 active 1-Bedroom units accounting for 25 percent of inventory with an average rent of $2,075 per month and an average size of 475 square feet at $4.51 per square foot, alongside 1 active Studio unit making up 12.5 percent of availability with an average rent of $1,950 per month and an average size of 400 square feet at $4.88 per square foot. The 1-Bedroom + Den layouts average $2,300 per month across 579 square feet at an asking rate of $3.98 per square foot.
What is the average asking rent and $/SF by suite size at Arte Residences?
Arte Residences records a minimum entry rent of $1,950 per month and a peak asking rent of $2,400 per month, generating a dollar spread of $450 and a percentage spread of 23.1 percent. The median asking rent sits at $2,250 per month, with the entry-level suite represented by a 400-square-foot Studio asking $1,950 per month at $4.88 per square foot. The peak tier is anchored by a 610-square-foot 1-Bedroom + Den layout asking $2,400 per month at $3.93 per square foot.
How much extra do parking spaces and dens cost at Arte Residences?
Arte Residences commands an active den premium of $225 per month for an additional 104 square feet of interior space. This extra den area prices at a marginal rate of $2.16 per square foot, while verified parking stalls carry an additional cost of $267 per month.
How do asking rents at Arte Residences compare to local and municipal benchmarks?
Arte Residences asks an average of $2,200 per month at $4.22 per square foot, comparing to Cooksville submarket asking benchmarks of $2,386 per month at $3.33 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, with the building's asking rate per square foot sitting 26.7 percent above the submarket asking benchmark while capturing 25.8 percent of submarket active inventory.
Recent Leased Transactions & Contract Prices
Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Arte Residences (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Arte Residences last month, and how fast did they rent?
At Arte Residences, 30-day leasing velocity registered 8 closed transactions with an average days on market of 14 days, compared to 16 leases over 90 days with a 15-day average, standing against the Cooksville submarket benchmark days on market of 23 days. Leasing turnover accelerated significantly over the summer months, jumping from 2 closed leases in June to 8 closed leases in both July and August as initial occupancy leasing velocity peaked.
What is the negotiation spread between asking rents and closed lease prices at Arte Residences?
At Arte Residences, units closed on average at an average discount of $9 per month (a 0.39% discount off asking price), delivering total annual tenant savings of $108 per year. Market leverage favored tenants as 29.2% of all closed leases secured a discount below asking, while the remaining transactions settled at 100% of the listed asking price.
What are typical executed lease prices across different layouts at Arte Residences?
At Arte Residences, the two anchor layouts driving leasing volume were the 1-Bedroom + Den and the standard 1-Bedroom. The 1-Bedroom + Den tier, representing a robust sample of 17 closed leases, achieved an average monthly rent of $2,167 per month with a median of $2,150 per month, a P25-P75 range of $2,100 to $2,250 per month, an average size of 602 square feet, a rate of $3.61 per square foot, and an average days on market of 18 days. The standard 1-Bedroom tier, representing a moderate sample of 7 closed leases, achieved an average monthly rent of $2,031 per month with a median of $2,050 per month, a P25-P75 range of $1,950 to $2,100 per month, an average size of 516 square feet, a rate of $3.97 per square foot, and an average days on market of 17 days.
What measurable rent premium did suites with parking achieve in closed leases at Arte Residences?
At Arte Residences, realized leased parking commanded a verified premium of $157 per month. Suite bundling patterns typically included parking within premium layouts, while active asking parking rates stood at a verified $267 per month.
How does the lease-to-listing ratio at Arte Residences reflect current tenant demand?
At Arte Residences, overall rent trajectory held relatively steady between $2,075 and $2,150 per month across the tracked spring and summer timeline. April recorded 1 closed deal at an average rent of $2,150 per month ($3.31 per square foot, 9 days on market), May recorded 5 closed deals at $2,149 per month ($3.65 per square foot, 26 days on market), June recorded 2 closed deals at $2,075 per month ($3.55 per square foot, 22 days on market), July recorded 8 closed deals at $2,103 per month ($3.70 per square foot, 16 days on market), and August closed 8 deals at an average rent of $2,149 per month ($3.86 per square foot, 14 days on market).
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Arte Residences (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Arte Residences, and what was their re-listing price compared to previous asking?
At Arte Residences, a total of 3 units were delisted, representing a delisted-to-leased ratio of 37.5%, comprised entirely of 3 terminated listings with zero expired or suspended units. This translates to a market health ratio of approximately 1 unrented listing pulled for every 2.7 successful leases.
How do asking prices on de-listed suites compare to executed leases and active listings at Arte Residences?
At Arte Residences, delisted units asked an average of $2,348 per month, which represented an unrented asking price of $199 per month above realized lease averages of $2,149 per month, alongside a higher rate of $4.01 per square foot compared to the realized lease average of $3.72 per square foot. Unrented units were overpriced relative to realized leases, reflecting pushback on price from prospective tenants.
What market friction causes rental listings to stall or de-list at Arte Residences?
At Arte Residences, delisted units averaged 24 days on market before removal, compared to an average of 18 days on market for successfully realized leases. The excess marketing duration of 10 days imposed minimal vacancy carry and holding costs equivalent to roughly a third of a month of lost rental income plus condo maintenance fees.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 7 | 2206 | 571 | 3.95 | 18 |
| 2026-04-28 | 7 | 2206 | 571 | 3.95 | 19 |
| 2026-04-29 | 6 | 2216 | 558 | 4.06 | 21 |
| 2026-04-30 | 6 | 2158 | 542 | 4.07 | 16 |
| 2026-05-01 | 7 | 2178 | 557 | 4.00 | 14 |
| 2026-05-02 | 7 | 2178 | 557 | 4.00 | 15 |
| 2026-05-03 | 7 | 2178 | 557 | 4.00 | 16 |
| 2026-05-04 | 7 | 2178 | 557 | 4.00 | 17 |
| 2026-05-05 | 5 | 2219 | 560 | 4.08 | 12 |
| 2026-05-06 | 5 | 2219 | 560 | 4.08 | 13 |
| 2026-05-07 | 5 | 2219 | 560 | 4.08 | 14 |
| 2026-05-08 | 5 | 2219 | 560 | 4.08 | 15 |
| 2026-05-09 | 5 | 2219 | 560 | 4.08 | 16 |
| 2026-05-10 | 7 | 2189 | 567 | 3.95 | 12 |
| 2026-05-11 | 5 | 2214 | 574 | 3.98 | 12 |
| 2026-05-12 | 5 | 2214 | 574 | 3.98 | 13 |
| 2026-05-13 | 6 | 2178 | 570 | 3.93 | 12 |
| 2026-05-14 | 6 | 2178 | 570 | 3.93 | 13 |
| 2026-05-15 | 5 | 2154 | 554 | 4.00 | 14 |
| 2026-05-16 | 5 | 2154 | 554 | 4.00 | 15 |
| 2026-05-17 | 5 | 2154 | 554 | 4.00 | 16 |
| 2026-05-18 | 5 | 2154 | 554 | 4.00 | 17 |
| 2026-05-19 | 5 | 2154 | 554 | 4.00 | 18 |
| 2026-05-20 | 4 | 2119 | 531 | 4.12 | 15 |
| 2026-05-21 | 5 | 2135 | 534 | 4.10 | 13 |
| 2026-05-22 | 5 | 2135 | 534 | 4.10 | 14 |
| 2026-05-23 | 5 | 2135 | 534 | 4.10 | 15 |
| 2026-05-24 | 5 | 2135 | 534 | 4.10 | 16 |
| 2026-05-25 | 5 | 2135 | 534 | 4.10 | 17 |
| 2026-05-26 | 5 | 2135 | 534 | 4.10 | 18 |
| 2026-05-27 | 5 | 2135 | 534 | 4.10 | 19 |
| 2026-05-28 | 5 | 2135 | 534 | 4.10 | 20 |
| 2026-05-29 | 5 | 2135 | 534 | 4.10 | 21 |
| 2026-05-30 | 5 | 2135 | 534 | 4.10 | 22 |
| 2026-05-31 | 5 | 2135 | 534 | 4.10 | 23 |
| 2026-06-01 | 3 | 2150 | 500 | 4.42 | 25 |
| 2026-06-02 | 3 | 2150 | 500 | 4.42 | 26 |
| 2026-06-03 | 3 | 2150 | 500 | 4.42 | 27 |
| 2026-06-04 | 3 | 2150 | 500 | 4.42 | 28 |
| 2026-06-05 | 3 | 2150 | 500 | 4.42 | 29 |
| 2026-06-06 | 4 | 2163 | 513 | 4.32 | 23 |
| 2026-06-07 | 4 | 2163 | 513 | 4.32 | 24 |
| 2026-06-08 | 3 | 2217 | 500 | 4.54 | 24 |
| 2026-06-09 | 3 | 2217 | 500 | 4.54 | 25 |
| 2026-06-10 | 3 | 2217 | 500 | 4.54 | 26 |
| 2026-06-11 | 3 | 2217 | 500 | 4.54 | 27 |
| 2026-06-12 | 3 | 2217 | 500 | 4.54 | 28 |
| 2026-06-13 | 3 | 2217 | 500 | 4.54 | 29 |
| 2026-06-14 | 3 | 2217 | 500 | 4.54 | 30 |
| 2026-06-15 | 2 | 2225 | 475 | 4.81 | 35 |
| 2026-06-16 | 2 | 2225 | 475 | 4.81 | 36 |
| 2026-06-17 | 2 | 2175 | 475 | 4.69 | 6 |
| 2026-06-18 | 2 | 2175 | 475 | 4.69 | 7 |
| 2026-06-19 | 2 | 2175 | 475 | 4.69 | 8 |
| 2026-06-20 | 2 | 2175 | 475 | 4.69 | 9 |
| 2026-06-21 | 2 | 2175 | 475 | 4.69 | 10 |
| 2026-06-22 | 2 | 2175 | 475 | 4.69 | 11 |
| 2026-06-23 | 2 | 2175 | 475 | 4.69 | 12 |
| 2026-06-24 | 3 | 2150 | 500 | 4.40 | 8 |
| 2026-06-25 | 3 | 2150 | 500 | 4.40 | 9 |
| 2026-06-26 | 3 | 2150 | 500 | 4.40 | 10 |
| 2026-06-27 | 3 | 2150 | 500 | 4.40 | 11 |
| 2026-06-28 | 3 | 2150 | 500 | 4.40 | 12 |
| 2026-06-29 | 3 | 2150 | 500 | 4.40 | 13 |
| 2026-06-30 | 3 | 2150 | 500 | 4.40 | 14 |
| 2026-07-01 | 3 | 2150 | 500 | 4.40 | 15 |
| 2026-07-02 | 2 | 2125 | 475 | 4.60 | 12 |
| 2026-07-03 | 2 | 2125 | 475 | 4.60 | 13 |
| 2026-07-04 | 2 | 2125 | 475 | 4.60 | 14 |
| 2026-07-05 | 2 | 2125 | 475 | 4.60 | 15 |
| 2026-07-06 | 2 | 2125 | 475 | 4.60 | 16 |
| 2026-07-07 | 2 | 2125 | 475 | 4.60 | 17 |
| 2026-07-08 | 4 | 2185 | 538 | 4.18 | 9 |
| 2026-07-09 | 5 | 2188 | 540 | 4.14 | 8 |
| 2026-07-10 | 6 | 2136 | 533 | 4.08 | 7 |
| 2026-07-11 | 6 | 2136 | 533 | 4.08 | 8 |
| 2026-07-12 | 6 | 2136 | 533 | 4.08 | 9 |
| 2026-07-13 | 7 | 2123 | 536 | 4.03 | 9 |
| 2026-07-14 | 9 | 2084 | 522 | 4.07 | 8 |
| 2026-07-15 | 9 | 2084 | 522 | 4.07 | 9 |
| 2026-07-16 | 8 | 2083 | 519 | 4.10 | 8 |
| 2026-07-17 | 8 | 2083 | 519 | 4.10 | 9 |
| 2026-07-18 | 8 | 2083 | 519 | 4.10 | 10 |
| 2026-07-19 | 8 | 2083 | 519 | 4.10 | 11 |
| 2026-07-20 | 8 | 2083 | 519 | 4.10 | 12 |
| 2026-07-21 | 8 | 2083 | 519 | 4.10 | 13 |
| 2026-07-22 | 7 | 2039 | 514 | 4.07 | 12 |
| 2026-07-23 | 9 | 2096 | 533 | 4.02 | 10 |
| 2026-07-24 | 7 | 2130 | 529 | 4.14 | 12 |
| 2026-07-25 | 7 | 2130 | 529 | 4.14 | 13 |
| 2026-07-26 | 7 | 2130 | 529 | 4.14 | 14 |
| 2026-07-27 | 8 | 2145 | 542 | 4.06 | 13 |
| 2026-07-28 | 7 | 2109 | 527 | 4.12 | 15 |
| 2026-07-29 | 7 | 2109 | 527 | 4.12 | 16 |
| 2026-07-30 | 7 | 2176 | 521 | 4.32 | 13 |
| 2026-07-31 | 6 | 2156 | 499 | 4.45 | 13 |
| 2026-08-01 | 6 | 2156 | 499 | 4.45 | 14 |
| 2026-08-02 | 6 | 2156 | 499 | 4.45 | 15 |
| 2026-08-03 | 6 | 2156 | 499 | 4.45 | 16 |
| 2026-08-04 | 7 | 2134 | 516 | 4.27 | 14 |
| 2026-08-05 | 7 | 2134 | 516 | 4.27 | 15 |
| 2026-08-06 | 6 | 2164 | 536 | 4.17 | 18 |
| 2026-08-07 | 6 | 2164 | 536 | 4.17 | 19 |
| 2026-08-08 | 7 | 2141 | 538 | 4.10 | 17 |
| 2026-08-09 | 7 | 2141 | 538 | 4.10 | 18 |
| 2026-08-10 | 8 | 2154 | 542 | 4.08 | 17 |
| 2026-08-11 | 8 | 2154 | 542 | 4.08 | 18 |
| 2026-08-12 | 8 | 2161 | 531 | 4.16 | 17 |
| 2026-08-13 | 9 | 2176 | 541 | 4.11 | 16 |
| 2026-08-14 | 9 | 2176 | 541 | 4.11 | 17 |
| 2026-08-15 | 9 | 2176 | 541 | 4.11 | 18 |
| 2026-08-16 | 9 | 2176 | 541 | 4.11 | 19 |
| 2026-08-17 | 11 | 2163 | 548 | 4.03 | 13 |
| 2026-08-18 | 11 | 2163 | 548 | 4.03 | 14 |
| 2026-08-19 | 13 | 2203 | 571 | 3.96 | 13 |
| 2026-08-20 | 13 | 2203 | 571 | 3.96 | 14 |
| 2026-08-21 | 13 | 2203 | 571 | 3.96 | 15 |
| 2026-08-22 | 13 | 2203 | 571 | 3.96 | 16 |
| 2026-08-23 | 13 | 2203 | 571 | 3.96 | 17 |
| 2026-08-24 | 12 | 2208 | 564 | 4.02 | 19 |
| 2026-08-25 | 11 | 2190 | 560 | 4.02 | 19 |
| 2026-08-26 | 14 | 2214 | 567 | 3.99 | 16 |
| 2026-08-27 | 13 | 2222 | 571 | 3.98 | 17 |
| 2026-08-28 | 12 | 2241 | 568 | 4.05 | 18 |
| 2026-08-29 | 10 | 2244 | 565 | 4.09 | 21 |
| 2026-08-30 | 9 | 2250 | 566 | 4.10 | 20 |
| 2026-08-31 | 8 | 2200 | 531 | 4.22 | 23 |
12-Month Market Dynamics & Trend Trajectory
Arte Residences has established a solid historical leasing record across 24 lifetime transactions, achieving an average rent of $2,127 per month at $3.72 per square foot across an average suite size of 577 square feet. Average days on market settled at 18 days, reflecting healthy tenant turnover and steady initial occupancy absorption within the Cooksville submarket. Pricing discipline at the building favored prospective tenants slightly, with 29.2% of transactions closing below asking price and the balance securing full asking rates. This resulted in an average tenant discount of $9 per month or 0.39% off asking prices, yielding annual tenant savings of $108 per year while demonstrating moderate landlord concessions in a competitive leasing environment.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 2 | 2025 | 550 | 3.68 | 35 |
| 2026-05-10 | 2 | 2200 | 600 | 3.69 | 15 |
| 2026-05-17 | 1 | 2295 | 650 | 3.53 | 33 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 2 | 2075 | 586 | 3.55 | 22 |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 2200 | 550 | 4.00 | 26 |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 1 | 2099 | 550 | 3.82 | 22 |
| 2026-07-19 | 2 | 2000 | 550 | 3.64 | 11 |
| 2026-07-26 | 4 | 2131 | 588 | 3.64 | 14 |
| 2026-08-02 | 1 | 1950 | 400 | 4.88 | 7 |
| 2026-08-09 | 1 | 2250 | 636 | 3.54 | 16 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 5 | 2160 | 589 | 3.70 | 11 |
| 2026-08-30 | 1 | 2190 | 550 | 3.98 | 38 |
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Arte Residences.
Building Amenities
- Concierge & Security
- EV Charging Station
- Gym & Fitness Centre
- Yoga Studio
- Party & Lounge Room
- Business Centre
- Meeting Room
- Dining Room & Kitchen
- Media & Theatre Room
- BBQ Area
- Rooftop Terrace
- Garden & Courtyard
- Pet Wash Station
- Outdoor Bar
Residential Buildings in the Vicinity
- The Waterford258 m
- 3071 Hurontario Street398 m
- Carlyle Classique456 m
- The Carlyle II480 m
- King's Garden534 m
- Classique Residences537 m
- Emerald Gate555 m
- Willow Walk Condos565 m
- Artform615 m
- Lynwood Lane646 m
- 3120 Kirwin Condos752 m
- 5 Paisley Boulevard E761 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Arte 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.