The Platinum Condos — Rental Market Data

The Platinum Condos carries one active listing as of August 31, 2026, with a single asking rent of $2,700 per month serving as both the minimum, maximum, and median. That unit spans 1,300 square feet at $2.08 per square foot and is configured as a 2-Bedroom + Den, representing 100 percent of current active inventory. With only one suite on the market, the building's available stock leans entirely toward a multi-bedroom executive layout rather than compact entry-level configurations, and no smaller bedroom tiers are currently listed.

The sole active layout at The Platinum Condos is the 2-Bedroom + Den, accounting for 100 percent of available inventory with one listing at $2,700 per month across 1,300 square feet and a rate of $2.08 per square foot. No 1-bedroom, studio, or 3-bedroom units are currently on the market, making this a single-listing sample with no cross-tier comparison possible within the building. Renters requiring a different bedroom configuration must source from the 241 other active listings across Mississauga City Centre.

The Platinum Condos shows a minimum and maximum asking rent of $2,700 per month, producing a dollar spread of $0 and a percentage spread of 0 percent due to the single active unit. The entry-level and peak suite are the same 2-Bedroom + Den at 1,300 square feet and $2.08 per square foot, so no internal price gradient exists to compare. With only one listing, the median asking rent also lands at $2,700 per month, and any pricing differentiation must be assessed against the broader submarket rather than within this building.

The Platinum Condos does not have a quantified active den premium or square-footage delta, as the single available unit already includes a den in its base configuration and no paired comparison unit exists to isolate marginal cost. Parking stall premiums also cannot be reliably isolated from the current data, as the sample is flagged as an unreliable outlier or insufficient paired set, and no verified dollar figure per month can be quoted. Renters should request a direct parking add-on quote from the leasing office before signing a lease agreement.

The Platinum Condos asks $2,700 per month at $2.08 per square foot, compared to the Mississauga City Centre submarket average asking rent of $2,771 per month and $3.64 per square foot. The building trades at a 42.9 percent discount on a per-square-foot basis, a gap fully explained by its 1,300-square-foot active suite being 539 square feet larger than the submarket implied average of 761 square feet. The Platinum Condos represents 1 out of 242 active listings in the Mississauga City Centre submarket, or approximately 0.4 percent of total available inventory.

The Platinum Condos realized an average lease rent of $2,567 per month over its full transaction history, sitting $70 below the four-comp average of $2,637 and $155 below the Mississauga City Centre submarket lease benchmark of $2,522. Against the two 1991 neighbours on Webb Drive, the subject trades at a lower monthly rent: Centre IV at 400 Webb Drive (0.07 km, 6 closed leases, $2,817 average rent, $3.50 per square foot, 929 sq ft) commands $250 more per month than the subject, while Monarchy at 335 Webb Drive (0.18 km, 8 closed leases, $2,843 average rent, $2.98 per square foot, 1,006 sq ft) runs $276 higher. Against the two 2024 towers, the subject actually clears a higher nominal rent: M2 – M City 2 at 3883 Quartz Rd (0.12 km, 77 closed leases, $2,475 average rent, $3.84 per square foot, 677 sq ft) sits $92 below the subject, and M City – Phase 1 at 3900 Confederation Pkwy (0.12 km, 100 closed leases, $2,413 average rent, $3.79 per square foot, 659 sq ft) trails by $154. All four competitors recorded closed lease transactions over the trailing 180 days, so every figure above reflects realized pricing rather than asking-only data.

The Platinum Condos leases at $2.14 per square foot across an average 1,200-square-foot suite, a rate that sits well below the comp average of $3.53 per square foot and the submarket leased benchmark of $3.55 per square foot, while the interior footprint exceeds every nearby competitor by a wide margin. Against Centre IV (929 sq ft), the subject provides 271 more square feet yet trades at a $1.36 per square foot discount, meaning the larger footprint more than offsets the lower per-unit rate to deliver a comparable or lower total monthly outlay. Against M2 – M City 2 (677 sq ft), the subject offers 523 additional square feet at a $1.70 per square foot discount; the $92 higher nominal rent is entirely a function of the 79 percent larger interior, not a premium on asset value. The same logic holds against M City – Phase 1 (659 sq ft), where 541 extra square feet at a $1.65 per square foot discount produce a $154 higher monthly figure driven purely by space. Monarchy (1,006 sq ft) is the closest in size, with the subject adding 194 square feet at a $0.84 per square foot discount, resulting in a $276 lower total rent. In every pairing, the subject's lower per-square-foot rate is the consistent thread; the nominal rent swings are explained by suite size, not by a valuation premium or discount on the building itself.

The Platinum Condos fields a 16-item amenity suite anchored by an indoor pool, hot tub, sauna and steam room, squash and racquetball court, tennis and pickleball court, gym, library and reading room, rooftop terrace, garden and courtyard, and an outdoor children's playground—a full-service lifestyle package that distinguishes it from both the 2024 M City towers and its 1991 Webb Drive neighbours. The subject's squash and racquetball court, tennis and pickleball court, and library and reading room are absent from M2 – M City 2, which instead leans on an outdoor pool, yoga and spin studios, a skating rink, splash pad, pet wash station, and sports bar. M City – Phase 1 offers only a 10-item list (outdoor pool, skating rink, kids' play room) and lacks the subject's indoor aquatic suite, racquet sports, and dedicated reading space. Among the 1991 peers, Centre IV adds a shuttle service, basketball court, and dining room that the subject does not carry, while Monarchy includes a car wash bay but omits the subject's rooftop terrace, library, and outdoor playground. The Platinum Condos best serves mid-career professionals and small families who prioritize a full indoor aquatic and racquet-sport program, a quiet reading environment, and outdoor courtyard access over the high-energy, tech-forward amenity stacks of the 2024 M City towers.