Ultra Ovation — Rental Market Data

Ultra Ovation features 5 active listings as of August 31, 2026, spanning a price range of $2,600 to $3,600 per month with an average asking rent of $3,140 per month and a median asking rent of $3,000 per month. Active suites average 1,013 square feet at an average asking rate of $3.18 per square foot. Two-bedroom configurations dominate the active inventory with an 80 percent share, showing that current options lean heavily toward multi-bedroom layouts rather than compact entry-level footprints.

The dominant active layout at Ultra Ovation is the 2-Bedroom suite, accounting for 4 active listings and an 80 percent inventory share. Two-bedroom units average $3,025 per month across 938 square feet at $3.29 per square foot in a small selection sample. The remaining inventory consists of a single 2-Bedroom + Den suite representing a 20 percent share, asking $3,600 per month across 1,313 square feet at $2.74 per square foot.

Ultra Ovation records a minimum entry rent of $2,600 per month and a peak asking rent of $3,600 per month, establishing a dollar spread of $1,000 per month or a 38.5 percent spread. The median asking rent sits at $3,000 per month. The entry-level option consists of a 2-Bedroom suite spanning 750 square feet at an asking rate of $3.47 per square foot, while the peak listing comprises a 2-Bedroom + Den suite offering 1,313 square feet at $2.74 per square foot.

Ultra Ovation has active den premiums and square footage deltas that cannot be reliably isolated due to a lack of paired baseline data between standard and den-equipped floor plans. Parking premium data is currently classified as an unreliable outlier or insufficient sample, meaning parking stall costs cannot be reliably isolated from current listings.

Ultra Ovation asks an average rent of $3,140 per month at $3.18 per square foot, comparing to the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The higher nominal asking rent is driven by larger average suite footprints rather than higher unit pricing. The building's asking rate per square foot sits 12.6 percent below the submarket asking benchmark, backed by 5 active listings representing 2.1 percent of the submarket's 242 active listings.

Ultra Ovation achieves an average lease rent of $2,554 per month, trading competitively against the overall comparable average of $2,662 per month across key nearby benchmarks like Grand Ovation, Monarchy, and Club One. Grand Ovation (310 Burnhamthorpe Rd W) reports an average lease rent of $2,617 per month at $3.24 per square foot across an average of 814 square feet. Monarchy (335 Webb Drive) records an average lease rent of $2,843 per month at $2.98 per square foot across 1,006 square feet. The sister Monarchy tower at 325 Webb Drive averages $2,804 per month at $2.57 per square foot across 1,093 square feet. Finally, Club One (300 Webb Dr) posts an average lease rent of $2,383 per month at $2.99 per square foot across 800 square feet.

Ultra Ovation provides a realized average lease rate of $3.33 per square foot across an average suite size of 779 square feet, positioning its space efficiency against larger, older alternatives in the local submarket. Renters evaluating Ultra Ovation weigh the benefits of a modern 2010-built floor plan with contemporary interior layouts and lower expected maintenance against the larger, older footprints found in nearby 1990s stock. For instance, Monarchy at 335 Webb Drive offers larger 1,006 square foot suites at $2.98 per square foot, and Monarchy at 325 Webb Drive provides expansive 1,093 square foot layouts at $2.57 per square foot. While these older properties yield lower rates per square foot due to their vintage scale, Ultra Ovation appeals to tenants prioritizing newer building systems, efficient spatial design, and modern amenities over raw square footage.

Ultra Ovation delivers an extensive lifestyle and amenity package that compares favorably against surrounding vertical communities by offering comprehensive wellness and recreational facilities. Signature amenities at Ultra Ovation include an indoor pool, a dedicated yoga studio, an on-site golf simulator, a hot tub and jacuzzi, and a rooftop terrace. When compared against nearby peers like Grand Ovation (310 Burnhamthorpe Rd W) and Club One (300 Webb Dr), Ultra Ovation matches standard indoor pool and gym facilities while incorporating specialized active spaces like its golf simulator that outpace the squash and racquetball setups typical of older 1990s competitors like Monarchy (335 Webb Drive). This amenity profile particularly serves young professionals and couples seeking contemporary recreational conveniences without leaving the building.