Elle Condominiums — Rental Market Data

Elle Condominiums has 2 active listings as of August 31, 2026, with asking rents ranging from $2,650 to $2,750 per month, an average of $2,700, and a median of $2,700. Both units average 784 square feet at a combined asking rate of $3.46 per square foot, and 100 percent of available inventory is two-bedroom layout. The current listing pool leans entirely toward multi-bedroom executive suites rather than compact entry-level one-bedroom or studio configurations, which dominated the building's historical lease activity.

The dominant active layout at Elle Condominiums is the two-bedroom unit, accounting for both available listings and 100 percent of current inventory. The two-bedroom tier offers an average asking rent of $2,700 per month across 784 square feet at $3.46 per square foot, with the smaller unit at 718 square feet asking $3.69 per square foot and the larger at 850 square feet asking $3.24 per square foot. No one-bedroom, studio, or three-bedroom units are currently listed, making this a small-selection sample confined to a single bedroom tier.

Elle Condominiums shows a minimum entry rent of $2,650 per month and a peak asking rent of $2,750 per month, producing a dollar spread of $100 and a percentage spread of 3.8 percent. The median asking rent sits at $2,700 per month, splitting the range cleanly. The entry-level suite is a two-bedroom at 718 square feet priced at $3.69 per square foot, while the peak unit is also a two-bedroom but at 850 square feet and $3.24 per square foot, meaning the higher-priced listing actually delivers more area at a lower rate per square foot.

Elle Condominiums does not have quantified den premium data, as no active den versus non-den pairing exists in the current two-unit sample to isolate marginal cost per square foot for additional den space. Active parking premiums also cannot be reliably isolated due to an insufficient paired sample, so no specific monthly parking stall cost can be quoted for the building at this time.

Elle Condominiums asks an average of $2,700 per month at $3.46 per square foot, compared to the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The building's nominal rent is $71 below the submarket average, but on a rate-per-area basis the 4.9 percent discount reflects the larger 784-square-foot average footprint of current listings versus the submarket norm. Elle's 2 active listings represent a small slice of the broader market, comprising 2 out of 242 available listings across the Mississauga City Centre submarket.

Elle Condominiums realizes an average lease rent of $2,317 per month, which is $184 below the four-comp benchmark of $2,501 and trails every active competitor in this immediate cluster. Eve at 3515 Kariya Dr (0.09 km, 17 closed leases) averages $2,546 per month at $3.46 per square foot on 743 square feet; Edge Towers I at 36 Elm Dr W (0.11 km, 25 closed leases) averages $2,530 at $3.75 per square foot on 705 square feet; Edge Towers 2 at 30 Elm Dr W (0.13 km, 43 closed leases) averages $2,429 at $3.88 per square foot on 643 square feet; and Eden Park at 3504 Hurontario St (0.14 km, 12 closed leases) averages $2,500 at $3.69 per square foot on 727 square feet. All four competitors recorded active lease volume, so each provides a realized pricing benchmark rather than an architectural reference only.

Elle Condominiums offers a $3.46 per-square-foot rate on a 673-square-foot suite, trading at a discount below every active competitor while providing fewer interior square feet than three of the four peers. Against Eve (0.09 km), the subject trades at identical $/sq. ft. parity but provides 70 fewer interior square feet, and the subject's monthly rent is $229 lower. Versus Edge Towers I (0.11 km), the subject trades at a $0.29 per-square-foot (7.7%) discount and provides 32 fewer interior square feet, with a $213 lower monthly rent. Against Edge Towers 2 (0.13 km), the subject trades at a $0.42 per-square-foot (10.8%) discount yet provides 30 more interior square feet, meaning the nominal rent gap of $112 is driven by the comp's premium per-foot rate rather than a space penalty. Eden Park (0.14 km) carries a $0.23 per-square-foot (6.2%) premium over the subject, and the subject provides 54 fewer interior square feet at a $183 lower monthly rent. In every pairing, the subject's lower nominal rent reflects either a smaller footprint or a more competitive per-foot rate, not a weaker asset valuation.

Elle Condominiums fields a 14-item amenity package that includes an indoor pool, hot tub and jacuzzi, sauna and steam room, gym, rooftop terrace, library, meeting room, and a car wash bay—separating it from the newer Edge Towers pair on several lifestyle fronts. The car wash bay is absent from Eve, Edge Towers I, and Edge Towers 2, giving Elle a practical daily-convenience edge for residents without personal garages. The hot tub and jacuzzi and the dedicated library and reading room are likewise missing from both Edge Towers buildings, which instead substitute a yoga studio, business centre, and children's playground. Eden Park shares most of Elle's wellness features but adds an outdoor children's playground that Elle does not carry. The primary renter demographic best served by this package is the cost-conscious professional or young couple who prioritizes a full aquatic-and-wellness suite, a car wash convenience, and a meeting room for remote work over the childcare and business-centre amenities that anchor the Edge Towers positioning.