Market Data as of August 31, 2026
The Capital II — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
The Capital II, located at 320 City Centre Drive within the Mississauga City Centre neighborhood, is an established 370-suite residential high-rise completed in 2006 by Daniels Corporation. The tower currently maintains 1 active listing, translating to a tight availability rate of 0.3 percent and a 14-day average days on market for active inventory. Historical leasing volume records 0 closed leases over the past 30 days with an average days on market of 0 days, alongside 0 closed leases over the past 90 days with an average days on market of 0 days.
Active listings command an average asking rent of $2,150 per month at $3.31 per square foot for 650-square-foot units, aligning closely with historical leasing benchmarks in the building which averaged $2,100 per month at $3.23 per square foot for identical sizing. When benchmarked against the broader Mississauga City Centre submarket asking average of $2,771 per month and $3.64 per square foot, the building operates at a lower price point per square foot by 9.1 percent, reflecting more compact suite sizing rather than discounted unit pricing.
Marketing friction remains exceptionally low with historical leases closing precisely at asking price under a balanced market leverage condition, while delisted units maintained price parity with realized leases. Inventory selection is heavily constrained, featuring zero active availability across multi-bedroom floor plans and leaving 100 percent of current active inventory concentrated within a single 1-Bedroom configuration.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at The Capital II as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at The Capital II recently?
The Capital II features 1 active listing as of August 31, 2026, with an asking price range, average rent, and median rent all fixed at $2,150 per month. The active unit spans an average of 650 square feet, commanding an asking rate of $3.31 per square foot. One-bedroom layouts account for 100 percent of active inventory, indicating that current available supply is strictly restricted to compact entry-level suites rather than multi-bedroom executive layouts.
What floor plans and unit layouts are currently available at The Capital II?
The dominant active layout at The Capital II is the 1-Bedroom configuration, accounting for 1 active listing and a 100 percent inventory share. This single tier averages $2,150 per month across 650 square feet at an asking rate of $3.31 per square foot. There are zero active units available for other bedroom tiers.
What is the average asking rent and $/SF by suite size at The Capital II?
The Capital II exhibits a minimum entry rent and peak asking rent both established at $2,150 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. The median asking rent matches this single-listing figure at $2,150 per month. The entry-level suite consists of a 1-Bedroom layout spanning 650 square feet at $3.31 per square foot, which identically represents the peak suite configuration given the singular active listing.
How much extra do parking spaces and dens cost at The Capital II?
Active den premium data for The Capital II cannot be reliably isolated due to the single-listing inventory sample. Active parking premium data is similarly unreliable or represents an insufficient sample, meaning parking spot costs cannot be definitively isolated from current listings.
How do asking rents at The Capital II compare to local and municipal benchmarks?
The Capital II asks an average rent of $2,150 per month at $3.31 per square foot, sitting below the Mississauga City Centre submarket asking average of $2,771 per month and $3.64 per square foot. This lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing, with the building's asking rate per square foot tracking 9.1 percent below the submarket benchmark while representing a 0.4 percent share of submarket active inventory.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 1 | 2100 | 650 | 3.23 | 12 |
| 2026-04-28 | 1 | 2100 | 650 | 3.23 | 13 |
| 2026-04-29 | 1 | 2100 | 650 | 3.23 | 14 |
| 2026-04-30 | 1 | 2100 | 650 | 3.23 | 15 |
| 2026-05-01 | 1 | 2100 | 650 | 3.23 | 16 |
| 2026-05-02 | 1 | 2100 | 650 | 3.23 | 17 |
| 2026-05-03 | 1 | 2100 | 650 | 3.23 | 18 |
| 2026-05-04 | 1 | 2100 | 650 | 3.23 | 19 |
| 2026-05-05 | 1 | 2100 | 650 | 3.23 | 20 |
| 2026-05-06 | 2 | 2100 | 650 | 3.23 | 11 |
| 2026-05-07 | 2 | 2100 | 650 | 3.23 | 12 |
| 2026-05-08 | 2 | 2100 | 650 | 3.23 | 13 |
| 2026-05-09 | 2 | 2100 | 650 | 3.23 | 14 |
| 2026-05-10 | 2 | 2100 | 650 | 3.23 | 15 |
| 2026-05-11 | 2 | 2100 | 650 | 3.23 | 16 |
| 2026-05-12 | 2 | 2100 | 650 | 3.23 | 17 |
| 2026-05-13 | 2 | 2100 | 650 | 3.23 | 18 |
| 2026-05-14 | 2 | 2100 | 650 | 3.23 | 19 |
| 2026-05-15 | 2 | 2100 | 650 | 3.23 | 20 |
| 2026-05-16 | 2 | 2100 | 650 | 3.23 | 21 |
| 2026-05-17 | 2 | 2100 | 650 | 3.23 | 22 |
| 2026-05-18 | 2 | 2100 | 650 | 3.23 | 23 |
| 2026-05-19 | 2 | 2100 | 650 | 3.23 | 24 |
| 2026-05-20 | 2 | 2100 | 650 | 3.23 | 25 |
| 2026-05-21 | 2 | 2100 | 650 | 3.23 | 26 |
| 2026-05-22 | 2 | 2100 | 650 | 3.23 | 27 |
| 2026-05-23 | 2 | 2100 | 650 | 3.23 | 28 |
| 2026-08-17 | 1 | 2150 | 650 | 3.31 | N/A |
| 2026-08-18 | 1 | 2150 | 650 | 3.31 | 1 |
| 2026-08-19 | 1 | 2150 | 650 | 3.31 | 2 |
| 2026-08-20 | 1 | 2150 | 650 | 3.31 | 3 |
| 2026-08-21 | 1 | 2150 | 650 | 3.31 | 4 |
| 2026-08-22 | 1 | 2150 | 650 | 3.31 | 5 |
| 2026-08-23 | 1 | 2150 | 650 | 3.31 | 6 |
| 2026-08-24 | 1 | 2150 | 650 | 3.31 | 7 |
| 2026-08-25 | 1 | 2150 | 650 | 3.31 | 8 |
| 2026-08-26 | 1 | 2150 | 650 | 3.31 | 9 |
| 2026-08-27 | 1 | 2150 | 650 | 3.31 | 10 |
| 2026-08-28 | 1 | 2150 | 650 | 3.31 | 11 |
| 2026-08-29 | 1 | 2150 | 650 | 3.31 | 12 |
| 2026-08-30 | 1 | 2150 | 650 | 3.31 | 13 |
| 2026-08-31 | 1 | 2150 | 650 | 3.31 | 14 |
12-Month Market Dynamics & Trend Trajectory
The Capital II at 320 City Centre Drive has achieved a lifetime volume of 1 closed lease with an average rent of $2,100 per month, a rate of $3.23 per square foot, an average suite size of 650 square feet, and a lifetime days on market of 39 days, reflecting very subdued tenant turnover in this Mississauga City Centre building. Active inventory sits at 1 unit asking an average of $2,150 per month, or $3.31 per square foot across 650 square feet, maintaining a 9.1% discount relative to broader submarket asking rates of $2,771 per month. Pricing discipline at the building exhibits a balanced leverage dynamic where 100% of transactions settled exactly at asking price. With a net negotiation spread of $0 and 0.0% variance, transactions closed precisely at list price, leaving both landlord revenue gains and tenant negotiation discounts at zero as the market found immediate balance.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-24 | 1 | 2100 | 650 | 3.23 | 39 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
When evaluating the local micro-market, The Capital II competes directly with a cluster of established and newer residential towers located within a fraction of a kilometer in Mississauga City Centre. The immediate competitive set includes The Capital II - South Tower at 4080 Living Arts Dr (0.04 km away, completed in 2006, with 15 active listings), The Capital I - North Tower at 4090 Living Arts Dr (0.06 km away, completed in 2006, with 10 active listings), Amica at City Centre at 350 Princess Royal Drive (0.12 km away, completed in 2006, with 2 active listings), and the newer City Centre - Wesley Tower at 4065 Confederation Pkwy (0.15 km away, completed in 2021, with 60 active listings). This grouping features a mix of mid-2000s builds sharing structural eras with the subject property alongside modern high-density additions from the early 2020s. Across this four-building competitive set, the benchmark averages sit at $2,529 per month, $3.54 per square foot, and an average suite size of 743 square feet. The Capital II operates as an established 2006 development positioned below these broader submarket and competitive benchmarks on a gross rent basis, reflecting its compact floor plan sizing. While newer builds like Wesley Tower command higher density pricing due to recent construction cycles, The Capital II leverages its established 2006 construction year to provide cost-effective living space in the heart of downtown Mississauga.
4070 Confederation Pkwy, Mississauga
Comparable Analysis & Questions
How do rental rates at The Capital II compare to neighbouring buildings within Mississauga City Centre?
The Capital II achieves an average lease rent of $2,100 per month, trading below the overall competitive set average of $2,529 per month across its primary neighboring benchmarks. The Capital II - South Tower (4080 Living Arts Dr) records an average lease rent of $2,630 per month at $3.63 per square foot across an average of 747 square feet. The Capital I - North Tower (4090 Living Arts Dr) posts an average lease rent of $2,418 per month at $3.48 per square foot across 700 square feet. Amica at City Centre (350 Princess Royal Drive) averages $2,625 per month at $3.14 per square foot across a larger 875 square feet. Finally, the newer City Centre - Wesley Tower (4065 Confederation Pkwy) averages $2,441 per month at a higher rate of $3.89 per square foot across a compact 648 square feet.
Does The Capital II offer a competitive price-per-square-foot ($/SF) against local comparables?
The Capital II defines its value proposition by offering an average leased rate of $3.23 per square foot across an average suite size of 650 square feet, providing a competitive pricing tier relative to the overall submarket average of $3.55 per square foot. Renters at The Capital II trade away the ultra-modern finishes and premium density pricing seen in newer builds like City Centre - Wesley Tower (which commands $3.89 per square foot) in exchange for more accessible entry-level gross rents. Compared to mid-2000s peers like The Capital II - South Tower at $3.63 per square foot and The Capital I - North Tower at $3.48 per square foot, the subject building maintains a lower per-square-foot baseline. This allows budget-conscious tenants to secure functional downtown living space without paying the premiums associated with larger footprints like Amica at City Centre's 875-square-foot layouts.
How do building age, amenities, and developer reputation impact rent spreads?
The Capital II delivers a comprehensive amenity package that stands on par with established mid-2000s developments in Mississauga City Centre. The building's signature amenities include 24-hour concierge and security, a gym and fitness centre, an indoor pool, a sauna and steam room, and a golf simulator. When contrasted with peers, the subject property matches the wellness offerings found at The Capital II - South Tower and The Capital I - North Tower. Meanwhile, newer properties like City Centre - Wesley Tower incorporate contemporary additions such as a yoga studio, rock climbing, and a dog run, and specialized facilities like Amica at City Centre feature unique lifestyle inclusions like shuttle services and an on-site café. The Capital II's amenity profile best serves professionals and residents seeking traditional, comprehensive building infrastructure without the inflated common element fees of hyper-new developments.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Capital II.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Media & Theatre Room
- BBQ Area
- Rooftop Terrace
- Hot Tub & Jacuzzi
- Golf Simulator
Residential Buildings in the Vicinity
- The Capital II - South Tower44 m
- The Capital I - North Tower64 m
- Amica at City Centre123 m
- City Centre - Wesley Tower147 m
- Grand Ovation188 m
- Parkside Village - The Grand Residences194 m
- Ultra Ovation218 m
- Parkside Village - PSV 2219 m
- Parkside Village - The Residences235 m
- Parkside Village - The Park Residences260 m
- One Park Tower270 m
- Parkside Village - Block Nine - South Tower272 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Capital II.
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.
