Skymark West I — Rental Market Data

Skymark West I lists two active units as of August 31, 2026, with asking rents ranging from $2,400 to $3,200 per month, an average of $2,800, and a median of $2,800. The average asking footprint is 932 square feet at $3.03 per square foot, split evenly between a one-bedroom (50 percent) and a two-bedroom-plus-den (50 percent). Inventory skews toward mid-size family layouts rather than compact entry-level suites, with the sole one-bedroom at 763 square feet representing the smaller end of the offering.

The dominant active layout at Skymark West I is the one-bedroom, accounting for one of two available units (50 percent) at an average asking rent of $2,400 per month across 763 square feet at $3.15 per square foot. The remaining 50 percent is a two-bedroom-plus-den unit asking $3,200 per month over 1,100 square feet at $2.91 per square foot. Both tiers represent single-listing samples, so no tier offers a multi-unit selection for renters comparing options within the same bedroom count.

Skymark West I shows an active asking spread of $800 per month (33.3 percent), from a minimum entry rent of $2,400 to a peak asking rent of $3,200. The median asking rent sits at $2,400, anchored by the one-bedroom suite at 763 square feet and $3.15 per square foot. The peak listing is a two-bedroom-plus-den at 1,100 square feet and $2.91 per square foot, meaning the larger suite commands a higher total rent despite a lower per-square-foot rate.

Den premium data for Skymark West I cannot be reliably quantified from the current active sample, as the sole two-bedroom-plus-den listing does not have a paired two-bedroom comparison to isolate the marginal cost of den space. Active parking premiums are similarly inconclusive; the paired sample is insufficient to separate a reliable monthly parking add-on from suite rent, so no specific parking stall cost can be quoted for current listings.

Skymark West I's average asking rent of $2,800 per month exceeds the Mississauga North submarket asking benchmark of $2,600, while its $3.03 per square foot rate sits 11.4 percent below the submarket asking rate of $3.42 per square foot. The higher nominal rent is driven by suite size: the active average footprint of 932 square feet is 172 square feet larger than the submarket implied average of 760 square feet, so renters pay more in total dollars for more space at a lower unit-area price. Skymark West I represents two out of 41 available listings in the Mississauga North submarket, or roughly 4.9 percent of active inventory.

Skymark West I's average realized lease rent of $3,038 per month runs $185 above the four-comparable benchmark of $2,853, with the primary driver being its larger average suite footprint of 1,142 square feet versus the comp set's 1,107. Against Skymark West II at 25 Kingsbridge Garden Circ (0.04 km, 19 closed leases, $2,885 average rent, $2.83 per square foot, 1,029 sq ft), the subject commands a $153-per-month higher rent despite trading at a per-square-foot discount. The Esprit at 50 Eglinton Ave W (0.23 km, 4 closed leases, $2,875 average rent, $2.85 per square foot, 1,049 sq ft) shows the same pattern: the subject's rent is $163 higher while its rate per square foot is lower. The Mansion at 55 Kingsbridge Garden Circ (0.15 km, 2 closed leases, $3,350 average rent, $2.23 per square foot, 1,500 sq ft) is the one competitor where the subject's nominal rent is $312 lower, a gap entirely explained by The Mansion's substantially larger 1,500-square-foot suites. The Californian at 50 Kingsbridge Garden Circ (0.25 km, 1 closed lease, $2,300 average rent, $2.71 per square foot, 850 sq ft) shows the widest spread, with the subject's rent $738 higher on the strength of its 292-square-foot larger footprint.

Skymark West I leases at $2.74 per square foot for an average 1,142-square-foot suite, positioning it at a slight premium over the comp-set average of $2.66 per square foot and 1,107 square feet while remaining well below the Mississauga North submarket rate of $3.39 per square foot. Against Skymark West II, the subject trades at a $0.09-per-square-foot (3.2%) discount while providing 113 more interior square feet, meaning the higher nominal rent is a function of the larger footprint rather than a rate premium. The Esprit presents an identical trade-off: the subject offers a $0.11-per-square-foot (3.9%) discount and 93 additional square feet, so the $163 rent differential is size-driven. The Mansion inverts this dynamic—the subject commands a $0.51-per-square-foot (22.9%) premium yet provides 358 fewer square feet, which is why its nominal rent lands $312 below The Mansion's $3,350 average; the rate premium does not offset the nearly 400-square-foot footprint gap. The Californian shows the subject at a marginal $0.03-per-square-foot (1.1%) premium with 292 more square feet, making the $738 rent spread almost entirely a volume-of-space effect.

Skymark West I offers a 17-feature lifestyle package that is the most comprehensive in its immediate Kingsbridge Garden Circ peer set, spanning aquatic, fitness, recreational, and remote-work categories. The building's signature differentiators include a Bowling Alley, Putting Green, and Golf Simulator—three recreational amenities absent from all four competitors—and a Car Wash Bay that only Skymark West II and The Mansion share. Where the subject falls short is in pet-specific facilities: The Mansion and The Californian both offer a Pet Wash Station, and The Californian adds an Outdoor Gazebo and Rooftop Terrace, none of which appear in Skymark West I's amenity list. Skymark West II and The Californian each include a Media & Theatre Room that the subject does not carry. The Esprit, by contrast, has no Golf Simulator, no Bowling Alley, no Putting Green, and no Car Wash Bay, making the subject's recreational depth clearly superior in that pairing. This amenity profile best serves multi-generational households and active professionals who want on-site aquatic fitness (indoor pool, hot tub, sauna), court sports (tennis, pickleball, squash), and casual recreation (bowling, putting, golf simulation) without leaving the building, while the absence of a dedicated pet-wash station is a minor gap for pet-owning renters who may gravitate toward The Mansion or The Californian instead.