Market Data as of August 31, 2026
Grande Mirage — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Grande Mirage at 349 Rathburn Rd W in Mississauga City Centre is a 344-suite residential building completed in 2022 by Conservatory Group, currently showing one active listing against a 0.3 percent availability rate. Leasing velocity over the trailing 30 days produced three closed leases at an average 26 days on market, while the broader 90-day window recorded nine transactions with a 36-day average DOM. The building sits within a submarket of 242 active listings, making its single available unit a fraction of the total Mississauga City Centre inventory.
The sole active asking rent stands at $2,850 per month for an 850-square-foot 2-Bedroom + Den suite, translating to $3.35 per square foot. Realized 90-day leases averaged $2,569 per month at $3.38 per square foot across a 742-square-foot average footprint, meaning the current listing offers a more compact rate per square foot despite a larger physical suite. Against the submarket asking benchmark of $3.64 per square foot, Grande Mirage's active rate runs approximately 8 percent below the broader Mississauga City Centre asking level.
Marketing friction appears minimal on the active listing side, with nine days on market well under the submarket average of 23 days, though closed 90-day leases averaged 36 days, suggesting some units required extended exposure. Across all 16 tracked historical leases, tenants secured an average concession of $39 per month, or 1.41 percent below asking, with 50 percent of deals closing under the initial list price. Inventory depth is extremely thin: the single available unit is a 2-Bedroom + Den, leaving no one-bedroom, two-bedroom, or three-bedroom alternatives for renters seeking different configurations at this address.
Get Monthly Rental Market Updates for Grande Mirage
Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.
Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Grande Mirage as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Grande Mirage recently?
Grande Mirage carries one active listing as of August 31, 2026, with an asking rent of $2,850 per month serving as both the minimum, maximum, and median. The available suite spans 850 square feet at $3.35 per square foot, and the 100 percent layout share belongs to a 2-Bedroom + Den configuration. With only a single unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts; it represents one isolated mid-range offering in an otherwise fully occupied tower.
What floor plans and unit layouts are currently available at Grande Mirage?
The dominant and sole active layout at Grande Mirage is the 2-Bedroom + Den, accounting for 100 percent of available inventory with a single listing at $2,850 per month. That unit measures 850 square feet and carries a rate of $3.35 per square foot, placing it in the mid-tier of Mississauga City Centre pricing. No one-bedroom, two-bedroom, or three-bedroom units are currently listed, so renters cannot compare across bedroom tiers within this building.
What is the average asking rent and $/SF by suite size at Grande Mirage?
Grande Mirage's active pricing spread is zero dollars and zero percent, as the single listed unit at $2,850 per month serves as both the entry and peak asking rent. The median asking rent likewise sits at $2,850, confirming no internal price differentiation exists. The entry-level suite is a 2-Bedroom + Den at 850 square feet and $3.35 per square foot, which is also the peak suite, leaving no lower-priced or higher-priced alternatives to contrast within the building's current inventory.
How much extra do parking spaces and dens cost at Grande Mirage?
Grande Mirage's active den premium cannot be quantified, as the single listed unit already includes a den within its 850-square-foot footprint and no paired comparison without a den exists in the active inventory. Marginal cost per square foot for additional den space therefore cannot be calculated from current data. Active parking stall premiums also cannot be reliably isolated due to insufficient paired sample data, and no verified monthly parking fee should be attributed to this building's current listings.
How do asking rents at Grande Mirage compare to local and municipal benchmarks?
Grande Mirage's active asking rent of $2,850 per month and $3.35 per square foot compare favorably against the Mississauga City Centre submarket averages of $2,771 per month and $3.64 per square foot. The building's rate per square foot runs 8 percent below the submarket asking benchmark, and while the nominal monthly rent is slightly above the submarket average, the 850-square-foot footprint is larger than the typical submarket suite, making the per-square-foot cost the more meaningful comparison. Grande Mirage represents one out of 242 active listings in the Mississauga City Centre submarket, a 0.4 percent share of total available inventory.
Recent Leased Transactions & Contract Prices
Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Grande Mirage (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Grande Mirage last month, and how fast did they rent?
Grande Mirage at 349 Rathburn Rd W closed 3 leases in the trailing 30 days at an average 26 days on market, compared to 9 closings over 90 days at 36 DOM and a submarket benchmark of 23 DOM. The 16 lifetime leases confirm a steady but modest leasing cadence rather than a volume surge. Turnover moderated from the 90-day window (9 deals) into the most recent 30 days (3 deals), suggesting the building is clearing its remaining inventory at a measured pace rather than accelerating.
What is the negotiation spread between asking rents and closed lease prices at Grande Mirage?
Grande Mirage tenants negotiated an average discount of $39 per month (1.41% below asking), translating to $468 in annual savings per lease across the tracked transactions. Exactly 50.0% of closed leases settled under the listed asking price, confirming measurable tenant leverage in this submarket. Landlords at Grande Mirage absorbed a modest concession on half their closings, a pattern consistent with a buyer's-market dynamic in Mississauga City Centre rentals.
What are typical executed lease prices across different layouts at Grande Mirage?
The 2-Bedroom layout anchors Grande Mirage's leasing volume with 6 closed leases averaging $2,688 per month at 36 DOM, while the 1-Bedroom + Den tier follows with 4 deals at $2,350 per month and 36 DOM. The 1-Bedroom tier (3 leases, small sample) averaged $2,167 per month across 650 square feet at $3.33 per square foot with a notably fast 10-day DOM. The 2-Bedroom + Den tier (3 leases, small sample) commanded $2,808 per month across 915 square feet at $3.07 per square foot but required 56 DOM to close. The 2-Bedroom benchmark (6 deals) spans a P25–P75 range of $2,644 to $2,738 with a median of $2,700 across 762 square feet at $3.53 per square foot.
What measurable rent premium did suites with parking achieve in closed leases at Grande Mirage?
Grande Mirage does not have a reliably isolated parking premium because paired lease data is insufficient to separate parking fees from suite rent. Active listings at the building also show unreliable or outlier parking figures, preventing a defensible comparison between asking and realized parking values. Tenants should confirm whether parking is bundled into the monthly rent or billed separately before signing, as the platform cannot verify a standalone parking charge for this property.
How does the lease-to-listing ratio at Grande Mirage reflect current tenant demand?
Grande Mirage rents tracked a modest upward trajectory from spring through late summer 2026, with the July peak at $2,750 per month followed by a normalization to $2,500 in August. April closed 2 deals at $2,575 per month ($3.61 per square foot, 24 DOM). May saw volume spike to 5 deals but rents dipped to $2,435 per month ($3.44 per square foot, 37 DOM), reflecting compact suite footprints rather than property devaluation. June recovered to $2,531 per month across 4 deals at $3.44 per square foot with a quick 19-day DOM. July's 2 deals hit $2,750 per month but at just $3.27 per square foot and a slow 87-day DOM, indicating larger suites that took longer to absorb. August closed 3 deals at $2,500 per month ($3.38 per square foot, 26 DOM), settling back near the submarket midpoint.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Grande Mirage (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Grande Mirage, and what was their re-listing price compared to previous asking?
Grande Mirage recorded 1 delisted unit in the tracked period, a terminated listing, representing a 33.3% delisted-to-leased ratio against trailing 30-day volume and 6.3% against lifetime lease volume. No expired or suspended listings appeared in the dataset. A single termination is a minor friction signal rather than a systemic withdrawal, but it does confirm that at least one landlord chose to pull a unit from the market rather than reprice and relist.
How do asking prices on de-listed suites compare to executed leases and active listings at Grande Mirage?
The single delisted unit at Grande Mirage asked an average of $2,699 per month, which is $199 per month (8%) above the realized lease average of $2,500 per month. This overpricing relative to market-clearing levels is the most likely reason the listing failed to convert into a signed lease. The delisted unit's rate of $3.18 per square foot sits below the building's realized $3.43 per square foot, confirming the gap is driven by an inflated dollar ask rather than a density premium.
What market friction causes rental listings to stall or de-list at Grande Mirage?
Grande Mirage's delisted unit sat on market for an average of 46 days, compared to the building's realized lease average of 26 days in the trailing 30 days and 35 days lifetime. That 20-day excess over the 30-day benchmark (or 11 days over lifetime) translates to roughly $1,799 in lost rent at the $2,699 asking rate, plus ongoing condo maintenance fees during the vacancy carry. The friction is modest in absolute terms but underscores that pricing above the clearing level directly extends time-to-lease and erodes net yield.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 6 | 2667 | 773 | 3.48 | 26 |
| 2026-04-28 | 5 | 2740 | 798 | 3.47 | 29 |
| 2026-04-29 | 5 | 2740 | 798 | 3.47 | 30 |
| 2026-04-30 | 5 | 2740 | 798 | 3.47 | 31 |
| 2026-05-01 | 5 | 2740 | 798 | 3.47 | 32 |
| 2026-05-02 | 5 | 2740 | 798 | 3.47 | 33 |
| 2026-05-03 | 5 | 2740 | 798 | 3.47 | 34 |
| 2026-05-04 | 5 | 2740 | 798 | 3.47 | 35 |
| 2026-05-05 | 5 | 2740 | 798 | 3.47 | 36 |
| 2026-05-06 | 7 | 2600 | 756 | 3.47 | 26 |
| 2026-05-07 | 7 | 2600 | 756 | 3.47 | 27 |
| 2026-05-08 | 7 | 2600 | 756 | 3.47 | 28 |
| 2026-05-09 | 7 | 2600 | 756 | 3.47 | 29 |
| 2026-05-10 | 7 | 2600 | 756 | 3.47 | 30 |
| 2026-05-11 | 6 | 2633 | 773 | 3.43 | 28 |
| 2026-05-12 | 7 | 2636 | 770 | 3.44 | 20 |
| 2026-05-13 | 7 | 2636 | 770 | 3.44 | 21 |
| 2026-05-14 | 7 | 2636 | 770 | 3.44 | 22 |
| 2026-05-15 | 8 | 2641 | 768 | 3.46 | 20 |
| 2026-05-16 | 8 | 2641 | 768 | 3.46 | 21 |
| 2026-05-17 | 7 | 2611 | 756 | 3.47 | 19 |
| 2026-05-18 | 7 | 2611 | 756 | 3.47 | 20 |
| 2026-05-19 | 7 | 2611 | 756 | 3.47 | 21 |
| 2026-05-20 | 7 | 2611 | 756 | 3.47 | 22 |
| 2026-05-21 | 6 | 2679 | 773 | 3.49 | 25 |
| 2026-05-22 | 6 | 2679 | 773 | 3.49 | 26 |
| 2026-05-23 | 7 | 2725 | 784 | 3.49 | 23 |
| 2026-05-24 | 7 | 2725 | 784 | 3.49 | 24 |
| 2026-05-25 | 6 | 2704 | 790 | 3.44 | 20 |
| 2026-05-26 | 6 | 2704 | 790 | 3.44 | 21 |
| 2026-05-27 | 6 | 2704 | 790 | 3.44 | 22 |
| 2026-05-28 | 6 | 2704 | 790 | 3.44 | 23 |
| 2026-05-29 | 5 | 2785 | 818 | 3.42 | 24 |
| 2026-05-30 | 5 | 2785 | 818 | 3.42 | 25 |
| 2026-05-31 | 5 | 2785 | 818 | 3.42 | 26 |
| 2026-06-01 | 6 | 2679 | 790 | 3.41 | 22 |
| 2026-06-02 | 6 | 2679 | 790 | 3.41 | 23 |
| 2026-06-03 | 6 | 2679 | 790 | 3.41 | 24 |
| 2026-06-04 | 6 | 2679 | 790 | 3.41 | 25 |
| 2026-06-05 | 7 | 2682 | 784 | 3.43 | 22 |
| 2026-06-06 | 7 | 2682 | 784 | 3.43 | 23 |
| 2026-06-07 | 7 | 2682 | 784 | 3.43 | 24 |
| 2026-06-08 | 5 | 2605 | 770 | 3.40 | 27 |
| 2026-06-09 | 5 | 2605 | 770 | 3.40 | 28 |
| 2026-06-10 | 4 | 2719 | 800 | 3.43 | 34 |
| 2026-06-11 | 5 | 2775 | 829 | 3.38 | 28 |
| 2026-06-12 | 5 | 2775 | 829 | 3.38 | 29 |
| 2026-06-13 | 5 | 2775 | 829 | 3.38 | 30 |
| 2026-06-14 | 5 | 2775 | 829 | 3.38 | 31 |
| 2026-06-15 | 4 | 2794 | 849 | 3.32 | 32 |
| 2026-06-16 | 4 | 2794 | 849 | 3.32 | 33 |
| 2026-06-17 | 4 | 2794 | 849 | 3.32 | 34 |
| 2026-06-18 | 4 | 2794 | 849 | 3.32 | 35 |
| 2026-06-19 | 5 | 2715 | 809 | 3.40 | 28 |
| 2026-06-20 | 5 | 2715 | 809 | 3.40 | 22 |
| 2026-06-21 | 5 | 2715 | 809 | 3.40 | 23 |
| 2026-06-22 | 5 | 2715 | 809 | 3.40 | 24 |
| 2026-06-23 | 5 | 2715 | 809 | 3.40 | 25 |
| 2026-06-24 | 5 | 2715 | 809 | 3.40 | 26 |
| 2026-06-25 | 6 | 2712 | 816 | 3.36 | 23 |
| 2026-06-26 | 6 | 2712 | 816 | 3.36 | 24 |
| 2026-06-27 | 5 | 2720 | 829 | 3.32 | 28 |
| 2026-06-28 | 5 | 2720 | 829 | 3.32 | 29 |
| 2026-06-29 | 5 | 2720 | 829 | 3.32 | 30 |
| 2026-06-30 | 5 | 2720 | 829 | 3.32 | 31 |
| 2026-07-01 | 5 | 2720 | 829 | 3.32 | 32 |
| 2026-07-02 | 5 | 2720 | 829 | 3.32 | 33 |
| 2026-07-03 | 5 | 2720 | 829 | 3.32 | 34 |
| 2026-07-04 | 5 | 2720 | 829 | 3.32 | 35 |
| 2026-07-05 | 5 | 2720 | 829 | 3.32 | 36 |
| 2026-07-06 | 5 | 2720 | 829 | 3.32 | 37 |
| 2026-07-07 | 5 | 2720 | 829 | 3.32 | 38 |
| 2026-07-08 | 5 | 2720 | 829 | 3.32 | 39 |
| 2026-07-09 | 5 | 2720 | 829 | 3.32 | 40 |
| 2026-07-10 | 5 | 2720 | 829 | 3.32 | 41 |
| 2026-07-11 | 5 | 2720 | 829 | 3.32 | 42 |
| 2026-07-12 | 5 | 2720 | 829 | 3.32 | 43 |
| 2026-07-13 | 5 | 2720 | 829 | 3.32 | 44 |
| 2026-07-14 | 5 | 2720 | 829 | 3.32 | 45 |
| 2026-07-15 | 5 | 2720 | 829 | 3.32 | 46 |
| 2026-07-16 | 5 | 2720 | 829 | 3.32 | 47 |
| 2026-07-17 | 5 | 2720 | 829 | 3.32 | 48 |
| 2026-07-18 | 5 | 2720 | 829 | 3.32 | 49 |
| 2026-07-19 | 5 | 2720 | 829 | 3.32 | 50 |
| 2026-07-20 | 5 | 2720 | 829 | 3.32 | 51 |
| 2026-07-21 | 5 | 2720 | 829 | 3.32 | 52 |
| 2026-07-22 | 4 | 2700 | 799 | 3.41 | 37 |
| 2026-07-23 | 4 | 2700 | 799 | 3.41 | 38 |
| 2026-07-24 | 5 | 2750 | 828 | 3.35 | 31 |
| 2026-07-25 | 5 | 2750 | 828 | 3.35 | 32 |
| 2026-07-26 | 5 | 2750 | 828 | 3.35 | 33 |
| 2026-07-27 | 5 | 2750 | 828 | 3.35 | 34 |
| 2026-07-28 | 5 | 2750 | 828 | 3.35 | 35 |
| 2026-07-29 | 5 | 2750 | 828 | 3.35 | 36 |
| 2026-07-30 | 5 | 2750 | 828 | 3.35 | 37 |
| 2026-07-31 | 4 | 2762 | 848 | 3.29 | 34 |
| 2026-08-01 | 4 | 2762 | 848 | 3.29 | 35 |
| 2026-08-02 | 4 | 2762 | 848 | 3.29 | 36 |
| 2026-08-03 | 4 | 2762 | 848 | 3.29 | 37 |
| 2026-08-04 | 3 | 2700 | 815 | 3.35 | 47 |
| 2026-08-05 | 3 | 2700 | 815 | 3.35 | 48 |
| 2026-08-06 | 3 | 2700 | 815 | 3.35 | 49 |
| 2026-08-07 | 3 | 2700 | 815 | 3.35 | 50 |
| 2026-08-08 | 3 | 2700 | 815 | 3.35 | 51 |
| 2026-08-09 | 3 | 2700 | 815 | 3.35 | 52 |
| 2026-08-10 | 2 | 2700 | 798 | 3.43 | 56 |
| 2026-08-11 | 2 | 2700 | 798 | 3.43 | 57 |
| 2026-08-12 | 2 | 2700 | 798 | 3.43 | 58 |
| 2026-08-13 | 2 | 2700 | 798 | 3.43 | 59 |
| 2026-08-14 | 2 | 2700 | 798 | 3.43 | 60 |
| 2026-08-15 | 2 | 2700 | 798 | 3.43 | 61 |
| 2026-08-16 | 2 | 2700 | 798 | 3.43 | 62 |
| 2026-08-17 | 2 | 2700 | 798 | 3.43 | 63 |
| 2026-08-18 | 2 | 2600 | 798 | 3.28 | 34 |
| 2026-08-19 | 2 | 2600 | 798 | 3.28 | 35 |
| 2026-08-20 | 2 | 2600 | 798 | 3.28 | 36 |
| 2026-08-21 | 2 | 2600 | 798 | 3.28 | 37 |
| 2026-08-22 | 3 | 2683 | 815 | 3.30 | 25 |
| 2026-08-23 | 3 | 2683 | 815 | 3.30 | 26 |
| 2026-08-24 | 2 | 2925 | 898 | 3.26 | 38 |
| 2026-08-25 | 2 | 2925 | 898 | 3.26 | 39 |
| 2026-08-26 | 2 | 2925 | 898 | 3.26 | 40 |
| 2026-08-27 | 2 | 2925 | 898 | 3.26 | 41 |
| 2026-08-28 | 2 | 2925 | 898 | 3.26 | 42 |
| 2026-08-29 | 2 | 2925 | 898 | 3.26 | 43 |
| 2026-08-30 | 2 | 2925 | 898 | 3.26 | 44 |
| 2026-08-31 | 2 | 2925 | 898 | 3.26 | 45 |
12-Month Market Dynamics & Trend Trajectory
Grande Mirage's realized average rent of $2,528 per month sits $6 above the Mississauga City Centre submarket average of $2,522, while its rate of $3.43 per square foot trails the submarket's $3.55 per square foot by approximately 4.8%. The building's 35-day average DOM exceeds the submarket benchmark of 23 days by 12 days, indicating slightly slower absorption despite competitive per-square-foot pricing. In practical terms, Grande Mirage offers a marginally higher dollar rent on slightly larger average footprints (742 square feet) than the surrounding City Centre stock, positioning it as a value-oriented option for tenants prioritizing space over density. Pricing discipline at Grande Mirage skews tenant-favorable: 50.0% of tracked leases closed below asking, with an average concession of $39 per month (1.41%) and $468 in annualized tenant savings per deal. The net negotiation spread of -$39 confirms landlords are absorbing modest discounts rather than holding firm at list price. This pattern reflects a submarket where tenant leverage is real but not extreme; half of transactions still settled at or above asking, suggesting the building's pricing is broadly market-aligned with room for negotiation on the other half.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-10 | 1 | 2400 | 650 | 3.69 | 50 |
| 2026-05-17 | 2 | 2438 | 750 | 3.26 | 27 |
| 2026-05-24 | 2 | 2450 | 700 | 3.49 | 40 |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 2 | 2450 | 720 | 3.39 | 18 |
| 2026-06-14 | 1 | 2600 | 750 | 3.47 | 34 |
| 2026-06-21 | 1 | 2625 | 750 | 3.50 | 7 |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 1 | 2800 | 950 | 2.95 | 118 |
| 2026-07-26 | 1 | 2700 | 750 | 3.60 | 56 |
| 2026-08-02 | 1 | 2900 | 946 | 3.07 | 11 |
| 2026-08-09 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-16 | 1 | 2400 | 650 | 3.69 | 60 |
| 2026-08-23 | 1 | 2200 | 650 | 3.38 | 6 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Grande Mirage at 349 Rathburn Rd W sits in a tight cluster of four nearby buildings along the same corridor, with three active lease-generating peers and one zero-transaction reference. Universal (335 Rathburn Rd W, 0.01 km, built in 2008) and Mirage (339 Rathburn Rd W, 0.06 km, built in 2017) each recorded 13 closed leases over the trailing 180 days, while Centre at Square One I (350 Rathburn Rd W, 0.21 km, built in 1990) logged 3 closed leases. Centre at Square One II (330 Rathburn Rd W, 0.22 km, also built in 1990) recorded zero lease transactions in the same window and functions purely as an architectural and amenity reference rather than an active pricing benchmark. The peer set spans three distinct structural generations: the 1990-era Square One towers, the 2008–2017 mid-rise cohort, and Grande Mirage's 2022 delivery by Conservatory Group. The four-building comp set posts an overall average realized rent of $2,714 per month, an average rate of $3.00 per square foot, and an average suite size of 940 square feet. Grande Mirage's 16 closed leases over the past year averaged $2,528 per month at $3.43 per square foot across 742 square feet of interior space, placing the subject below the comp-set rent benchmark but above it on a per-square-foot basis. The subject's compact 742-square-foot footprint—roughly 200 square feet smaller than the comp-set average—drives the lower nominal rent despite the higher unit rate, positioning the building as a space-efficient, amenity-dense option for renters who prioritize lifestyle programming over raw interior volume in the Mississauga City Centre submarket.
395 Square One Dr, Mississauga
Comparable Analysis & Questions
How do rental rates at Grande Mirage compare to neighbouring buildings within Mississauga City Centre?
Grande Mirage's average realized lease rent of $2,528 per month sits $186 below the four-building comp-set benchmark of $2,714, with the gap driven primarily by the larger-footprint 1990-era Square One tower pulling the average upward. Universal at 335 Rathburn Rd W (0.01 km, 13 closed leases) averaged $2,572 per month at $3.07 per square foot across 857 square feet, placing the subject $44 lower in nominal rent. Mirage at 339 Rathburn Rd W (0.06 km, 13 closed leases) averaged $2,554 per month at $3.37 per square foot across 765 square feet, with the subject trading $26 below that figure. Centre at Square One I at 350 Rathburn Rd W (0.21 km, 3 closed leases) averaged $3,017 per month at $2.55 per square foot across 1,197 square feet, a $489 premium over the subject's realized rent. Centre at Square One II at 330 Rathburn Rd W (0.22 km) recorded zero closed leases over the trailing 180 days and therefore carries no realized rent benchmark for direct comparison.
Does Grande Mirage offer a competitive price-per-square-foot ($/SF) against local comparables?
Grande Mirage leases at $3.43 per square foot across an average 742-square-foot suite, a rate that commands a premium over every active nearby competitor while the smaller interior footprint keeps the total monthly rent below each peer. Against Universal (857 sq ft, $3.07 per square foot), the subject trades at a $0.36 per square foot (11.7%) premium yet provides 115 fewer interior square feet, so the $44 lower nominal rent reflects the reduced footprint rather than a weaker asset valuation. Versus Mirage (765 sq ft, $3.37 per square foot), the subject carries a modest $0.06 per square foot (1.8%) premium with 23 fewer square feet, producing a $26 rent differential that is almost entirely a space-volume effect. The sharpest contrast appears against Centre at Square One I (1,197 sq ft, $2.55 per square foot), where the subject commands a $0.88 per square foot (34.5%) premium but delivers 455 fewer square feet; the $489 lower rent is a direct function of the 38% smaller suite, not a discount in per-unit pricing. Centre at Square One II recorded zero lease transactions and cannot serve as a rate benchmark. Across all three active peers, the pattern is consistent: Grande Mirage's higher per-square-foot rate is offset by a compact interior, making the building a value play for renters who weight amenity access and modern construction over maximum living area.
How do building age, amenities, and developer reputation impact rent spreads?
Grande Mirage offers a 13-feature lifestyle package that overlaps heavily with its immediate peers while differentiating on a few signature inclusions absent from named competitors. The subject's Bowling Alley is not present at Centre at Square One I or Centre at Square One II, and the combined Indoor Pool, Hot Tub & Jacuzzi, Sauna & Steam Room, and Tennis & Pickleball Court suite matches or exceeds the aquatic and wellness offerings at Universal and Mirage. Universal distinguishes itself with a Library & Reading Room, Music Room, Garden & Courtyard, and Children's Playground that Grande Mirage does not carry, while Centre at Square One I adds a Squash & Racquetball Court in place of the Bowling Alley found at the subject. The practical takeaway for a renter is that Grande Mirage delivers a full-service aquatic, fitness, and social programming stack—including the Bowling Alley and Games & Billiards Room—within a 2022-built, 344-suite building, making it best suited to young professionals and small households who want resort-style recreational access without the larger square-footage commitment of the 1990-era Square One towers or the 2008 Universal tower.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Grande Mirage.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Hot Tub & Jacuzzi
- Sauna & Steam Room
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Media & Theatre Room
- Tennis & Pickleball Court
- BBQ Area
- Rooftop Terrace
- Bowling Alley
Residential Buildings in the Vicinity
- Universal6 m
- Mirage61 m
- Centre at Square One I209 m
- Centre at Square One II218 m
- Condominiums at Square One District308 m
- Parkside Village - Avia329 m
- Chicago Condominiums361 m
- Limelight - North Tower385 m
- Parkside Village - Avia 2394 m
- Limelight North Tower412 m
- Limelight - South Tower439 m
- One Park Tower480 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Grande Mirage.
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.
