Monarchy — Rental Market Data

Monarchy at 325 Webb Drive has exactly one unit actively listed as of August 31, 2026, asking $3,100 per month with both the average and median rent set at that single figure. The available suite spans 1,199 square feet at an asking rate of $2.59 per square foot, and the 100 percent layout share belongs to a two-bedroom configuration. With only one listing in play, the inventory leans squarely toward a spacious multi-bedroom executive layout rather than compact entry-level stock.

The dominant and sole active layout at Monarchy is the two-bedroom, representing 100 percent of available inventory with a single listing. That unit asks $3,100 per month across 1,199 square feet, yielding a rate of $2.59 per square foot. No one-bedroom, three-bedroom, or den-suite tiers are currently available for rent at this address.

Monarchy's active pricing spread is uncalculable in any meaningful sense because the minimum and maximum asking rents are identical at $3,100 per month, producing a zero-dollar and zero-percent spread. The entry-level and peak suite are the same two-bedroom unit at 1,199 square feet and $2.59 per square foot, so there is no internal price gradient to navigate. Renters seeking a range of price points at this address will need to look to the broader Mississauga City Centre submarket, where 242 active listings offer varied layouts and asking rents.

Monarchy's active den premium and square-footage delta are unquantified due to insufficient paired data between den and non-den configurations. Marginal cost per square foot for additional den space therefore cannot be isolated from the current single-listing sample. Active parking stall premiums also cannot be reliably isolated, as the available data reflects an anomalous outlier or insufficient paired sample, and no verified monthly parking fee can be quoted for this building.

Monarchy's active asking rent of $3,100 per month exceeds the Mississauga City Centre submarket average asking rent of $2,771 per month, yet its rate of $2.59 per square foot sits 28.8 percent below the submarket asking benchmark of $3.64 per square foot. The nominal rent premium is fully explained by suite size: the active unit's 1,199 square feet is 438 square feet larger than the submarket implied average of 761 square feet, meaning renters are paying for substantially more living area rather than a per-square-foot markup. Monarchy's single listing represents 1 out of 242 available listings in the Mississauga City Centre submarket, or roughly 0.4 percent of total active inventory.

Monarchy at 325 Webb Drive realized an average lease rent of $2,804 per month over the trailing year, which sits $180 above the four-comparable benchmark of $2,624 and is driven primarily by the subject's larger suite footprints. Against Monarchy at 335 Webb Drive (0.02 km, 8 closed leases, $2,843 average rent, $2.98 per square foot, 1,006 square feet), the subject trades at a $39 lower monthly rent. Club One at 300 Webb Drive (0.09 km, 6 closed leases, $2,383 average rent, $2.99 per square foot, 800 square feet) shows the subject commanding a $421 higher monthly rent. Ultra Ovation at 330 Burnhamthorpe Road West (0.1 km, 19 closed leases, $2,651 average rent, $3.26 per square foot, 833 square feet) places the subject at a $153 higher monthly rent, and Grand Ovation at 310 Burnhamthorpe Road West (0.14 km, 16 closed leases, $2,617 average rent, $3.24 per square foot, 814 square feet) shows the subject at a $187 higher monthly rent. All four competitors recorded active lease transactions, so each provides a realized pricing benchmark rather than a speculative reference point.

Monarchy at 325 Webb Drive leases at $2.57 per square foot on an average 1,093-square-foot suite, trading at a discount below every active nearby competitor on a per-square-foot basis while delivering materially more interior space. Against Monarchy at 335 Webb Drive, the subject offers a $0.41 per square foot (13.8 percent) discount and 87 more square feet of interior area; against Club One, the discount widens to $0.42 per square foot (14.0 percent) with 293 additional square feet; Ultra Ovation carries a $0.69 per square foot (21.2 percent) premium over the subject with the subject providing 260 more square feet; and Grand Ovation holds a $0.67 per square foot (20.7 percent) edge with the subject delivering 279 more square feet. The nominal rent variance against Club One, Ultra Ovation, and Grand Ovation is therefore a footprint effect—renters pay more in total dollars because they receive 260 to 293 additional square feet of living space—not a per-unit valuation premium. Tenants in this pocket gain roughly 20 to 30 percent more interior area for a modest absolute rent increase, making the subject the space-maximizing option in the immediate cluster.

Monarchy at 325 Webb Drive fields a 13-feature lifestyle package anchored by an indoor pool, hot tub, sauna and steam room, gym, squash and racquetball court, tennis and pickleball court, rooftop terrace, and dedicated meeting and media rooms—positioning it as a full-service residential building rather than a no-frills alternative. The subject's squash and racquetball court is absent from both Ultra Ovation and Grand Ovation, and its tennis and pickleball court is missing from Grand Ovation, giving the 1991 building a distinct racquet-sport edge over the two Ovation towers. Conversely, Ultra Ovation offers a golf simulator, yoga studio, EV charging, and car wash bay that the subject does not provide, while Club One adds a library, shuttle service, and garden courtyard. The subject's rooftop terrace is absent from Monarchy at 335 Webb Drive, which instead offers a car wash bay and garden courtyard. This amenity mix—combining aquatic wellness, active racquet sports, and social gathering spaces without the tech-forward or concierge-service extras of the newer Ovation buildings—best serves established professionals and multi-generational households who prioritize indoor recreation, pool access, and communal living space over smart-home infrastructure or valet-style services.