Universal — Rental Market Data

Universal at 335 Rathburn Rd W has two active listings as of August 31, 2026, with asking rents ranging from $2,785 to $3,000 per month, an average of $2,893 per month, and a median of $2,892 per month. Both available suites are two-bedroom layouts averaging 975 square feet at $3.00 per square foot, placing the current inventory squarely in the mid-range two-bedroom tier rather than compact entry-level or multi-bedroom executive formats. The 100 percent concentration in two-bedroom units reflects a small selection of two listings, and no one-bedroom or three-bedroom options are on the market.

The dominant and sole active layout at Universal is the two-bedroom, with both available units representing 100 percent of current inventory. The two two-bedroom suites average $2,893 per month across 975 square feet at $3.00 per square foot, with the entry unit at 850 square feet asking $2,785 per month ($3.28 per square foot) and the peak unit at 1,100 square feet asking $3,000 per month ($2.73 per square foot). No one-bedroom or three-bedroom tiers are currently listed, so renters seeking alternative bedroom counts must look to the broader Mississauga City Centre submarket.

Universal's two active listings span a $215 spread from a minimum entry rent of $2,785 per month to a peak asking rent of $3,000 per month, a 7.7 percent range. The median asking rent sits at $2,892 per month, splitting the spread nearly in half. The entry-level suite is a two-bedroom at 850 square feet priced at $3.28 per square foot, while the peak offering is a two-bedroom at 1,100 square feet priced at $2.73 per square foot, meaning the larger unit delivers a lower rate per square foot despite the higher absolute rent.

Den premium data for Universal cannot be quantified at this time, as no paired den versus non-den listings exist in the active inventory to isolate a marginal cost per square foot. Parking stall premiums also cannot be reliably isolated from the current two-listing sample, and no verified monthly parking fee should be assumed. Renters interested in either add-on should request itemized pricing directly from the leasing office.

Universal's active asking rent of $2,893 per month exceeds the Mississauga City Centre submarket average asking rent of $2,771 per month, but the $3.00 per square foot rate sits 17.6 percent below the submarket asking benchmark of $3.64 per square foot. The nominal rent premium is fully explained by suite size: Universal's active units average 975 square feet, which is 214 square feet larger than the submarket implied average of 761 square feet, so renters are paying for additional space rather than a rate markup. Universal's two active listings represent a small share of the broader market, accounting for 2 out of 242 available listings in the Mississauga City Centre submarket.

Universal's all-time average realized lease rent of $2,531 per month sits $176 below the overall comp benchmark of $2,707, with the primary active competitors being Grande Mirage (349 Rathburn Rd W, 0.01 km) and Mirage (339 Rathburn Rd W, 0.06 km). Grande Mirage recorded 17 closed leases over the past 180 days at an average of $2,550 per month, $3.43 per square foot, and 748 square feet; Universal trades at a $19-per-month lower nominal rent than that 2022-built peer. Mirage logged 13 closed leases at $2,554 per month, $3.37 per square foot, and 765 square feet, with Universal again at a $23-per-month lower rent. Centre at Square One I (350 Rathburn Rd W, 0.2 km) closed 3 leases at $3,017 per month, $2.55 per square foot, and 1,197 square feet, placing Universal $486 below that 1990-built tower on a monthly basis. Centre at Square One II (330 Rathburn Rd W, 0.21 km) recorded zero closed leases in the trailing 180 days and therefore carries no realized rent benchmark for direct comparison.

Universal's leased rate of $3.10 per square foot on an average 835-square-foot suite undercuts the overall comp average of $3.12 per square foot and 903 square feet, while its $2,531 monthly rent trails the comp set's $2,707 benchmark. Against Grande Mirage, Universal trades at a $0.33-per-square-foot (9.6 percent) discount while providing 87 more interior square feet, meaning the $19-per-month lower nominal rent is driven by the larger suite footprint priced at a lower per-square-foot rate rather than a weaker asset valuation. The same dynamic holds against Mirage, where Universal offers a $0.27-per-square-foot (8.0 percent) discount and 70 additional square feet, keeping the $23-per-month rent gap rooted in space allocation. Centre at Square One I inverts the relationship: Universal commands a $0.55-per-square-foot (21.6 percent) premium over that 1990 tower yet provides 362 fewer interior square feet, so the $486-per-month lower nominal rent reflects the substantially smaller suite size rather than a rate disadvantage. Centre at Square One II, with zero recent lease transactions, offers no square-footage or rate benchmark and serves only as an architectural reference point.

Universal's 17-amenity package—including a bowling alley, outdoor children's playground, music room, library and reading room, and garden courtyard—gives it a broader lifestyle spread than any single nearby competitor. Grande Mirage (349 Rathburn Rd W) and Mirage (339 Rathburn Rd W) both omit the music room, library, garden courtyard, and (in Grande Mirage's case) the outdoor playground, while Centre at Square One I (350 Rathburn Rd W) lacks the bowling alley, children's playground, music room, library, and garden but adds a squash and racquetball court. Centre at Square One II (330 Rathburn Rd W), though a zero-transaction reference, similarly carries the squash court and library but no bowling alley, playground, music room, or garden. The combination of aquatic facilities (indoor pool, hot tub, sauna), a full fitness centre, remote-work infrastructure (meeting room, media and theatre room), pet-friendly outdoor space (garden courtyard, BBQ area), and family-oriented amenities (outdoor playground, games and billiards room) positions Universal as the most rounded lifestyle offering in this immediate Rathburn Road cluster. The primary tenant demographic best served by this package is young professional families and dual-income households in their late twenties to mid-thirties who want resort-style recreation, dedicated children's space, and flexible work-from-home facilities without stepping outside the Mississauga City Centre corridor.