Monarchy — Rental Market Data

Monarchy at 335 Webb Drive has one active listing as of August 31, 2026, asking $2,850 per month with both the average and median rent at $2,850. The available suite spans 1,100 square feet at $2.59 per square foot, and the 100 percent share of two-bedroom inventory confirms this is a single executive-layout listing rather than a compact entry-level offering. With no one-bedroom or studio units on the market, renters seeking smaller footprints must look to the broader Mississauga City Centre inventory of 242 active listings.

The sole active layout at Monarchy is a two-bedroom suite, representing 100 percent of current inventory with one listing at $2,850 per month. That unit measures 1,100 square feet and carries an asking rate of $2.59 per square foot, positioning it as a spacious multi-bedroom option rather than a compact starter home. No one-bedroom or three-bedroom tiers are currently available, so the layout mix offers zero alternative bedroom configurations for prospective renters.

Monarchy's active pricing spread is $0, with both the minimum and peak asking rent at $2,850 per month across a single listing. The entry-level and peak suite are the same unit: a two-bedroom, 1,100-square-foot layout at $2.59 per square foot. With only one unit on the market, there is no internal price gradient to compare, and the median asking rent of $2,850 per month reflects that singular data point.

Den premium and square footage delta figures for Monarchy cannot be reliably quantified from the current active sample, as the single listing does not provide a paired comparison against a den-less unit. Parking stall costs likewise cannot be isolated; the available data is flagged as an unreliable outlier or insufficient paired sample, so no specific monthly parking fee should be assumed. Renters should request a direct parking quote from the leasing office before signing a lease.

Monarchy's active asking rent of $2,850 per month exceeds the Mississauga City Centre submarket average asking rent of $2,771 per month by $79, yet the per-square-foot rate of $2.59 sits 28.8 percent below the submarket asking benchmark of $3.64 per square foot. The nominal rent premium is entirely a function of suite size: the active unit's 1,100 square feet is 339 square feet larger than the submarket implied average of 761 square feet, meaning renters are paying more in absolute dollars for substantially more living space. Monarchy accounts for one out of 242 active listings in the Mississauga City Centre submarket, a 0.4 percent share of total available inventory.

Monarchy at 335 Webb Drive realized an average lease rent of $2,849 over the trailing period, which is $235 above the four-comp benchmark of $2,614 and positions the subject as the highest-renting building in this immediate cluster. Against the sister tower Monarchy at 325 Webb Drive (0.02 km, 7 closed leases, average rent $2,804, $2.57 per square foot, 1,093 sq ft), the subject commands a $45-per-month higher rent. Ultra Ovation at 330 Burnhamthorpe Rd W (0.08 km, 19 closed leases, average rent $2,651, $3.26 per square foot, 833 sq ft) shows the subject at $198 higher per month. Club One at 300 Webb Dr (0.11 km, 6 closed leases, average rent $2,383, $2.99 per square foot, 800 sq ft) presents the widest gap, with the subject realizing $466 more per month. Grand Ovation at 310 Burnhamthorpe Rd W (0.13 km, 16 closed leases, average rent $2,617, $3.24 per square foot, 814 sq ft) shows the subject at $232 higher. All four competitors recorded active closed-lease volume, so every figure above reflects realized transaction pricing rather than asking-only data.

Monarchy at 335 Webb Drive leases at $3.04 per square foot across an average 993 sq ft suite, a combination that sits at the upper end of the comp set's $3.02 per-square-foot average while delivering materially more interior space than three of the four nearby alternatives. Versus Monarchy at 325 Webb Drive, the subject commands a $0.47-per-square-foot (18.3%) premium yet provides 100 fewer interior square feet, meaning the higher rate is not offset by additional space and reflects a genuine per-unit-area valuation gap between the two sister towers. Against Ultra Ovation at 330 Burnhamthorpe Rd W, the subject trades at a $0.22-per-square-foot (6.7%) discount while providing 160 more interior square feet; the $198 higher nominal rent is therefore driven by the larger footprint rather than a rate premium. Club One at 300 Webb Dr shows the subject at a modest $0.05-per-square-foot (1.7%) premium with 193 additional square feet, and Grand Ovation at 310 Burnhamthorpe Rd W presents a $0.20-per-square-foot (6.2%) discount alongside 179 more square feet—again, the rent differential tracks suite size rather than per-area pricing. In practical terms, a renter choosing Monarchy at 335 Webb Drive over either Ovation tower pays more in total but receives a meaningfully larger living area at a lower cost per square foot.

Monarchy at 335 Webb Drive offers a 14-item lifestyle package that includes both a Squash & Racquetball Court and a Tennis & Pickleball Court, two court-based facilities absent from both Ultra Ovation at 330 Burnhamthorpe Rd W and Grand Ovation at 310 Burnhamthorpe Rd W, which instead substitute a Golf Simulator and Yoga Studio for active court play. The subject also carries a Car Wash Bay shared with Ultra Ovation but missing from the two Monarchy sister towers and Club One, and a Garden & Courtyard that Grand Ovation matches but the other three competitors do not. Where the newer Ovation buildings differentiate with EV Charging Stations, Yoga Studios, and Rooftop Terraces, the 1991 Monarchy counters with dual racquet courts, a dedicated Car Wash Bay, and an open Garden & Courtyard—amenities that skew toward active, on-site recreation and everyday convenience rather than wellness-tech or rooftop socializing. The package best serves the cost-conscious professional or young-family renter who prioritizes in-building sport facilities, a functional car-wash, and outdoor green space over the premium rooftop and simulator features of the 2008–2010 Ovation properties.