Edge Towers I — Rental Market Data

Edge Towers I has three active rental listings as of August 31, 2026, with asking rents ranging from $2,250 to $3,999 per month, an average of $3,081 per month, and a median of $2,995 per month. The average active suite measures 960 square feet at an asking rate of $3.87 per square foot. Two-bedroom layouts account for 66.7 percent of available inventory, indicating the current listing pool leans toward multi-bedroom executive suites rather than compact entry-level one-bedrooms.

Two-bedroom units dominate active inventory at Edge Towers I with two listings representing 66.7 percent of available space, averaging $3,497 per month across 1,241 square feet at $2.99 per square foot. The single one-bedroom listing accounts for the remaining 33.3 percent, asking $2,250 per month for 400 square feet at $5.63 per square foot. Renter choice is limited to these two tiers, with no studio or three-bedroom options currently on the market.

Edge Towers I's active asking rents span from a $2,250 entry point to a $3,999 peak, a dollar spread of $1,749 and a percentage spread of 77.7 percent. The median asking rent sits at $2,995 per month. The entry-level suite is a one-bedroom at 400 square feet priced at $5.63 per square foot, while the peak listing is a two-bedroom at 1,631 square feet priced at $2.45 per square foot, reflecting a substantial footprint premium for the larger layout.

Active den premiums at Edge Towers I cannot be reliably quantified due to insufficient paired sample data, and no square-footage delta or marginal cost per square foot can be isolated. Active parking stall costs are likewise inconclusive; the available data contains anomalous outliers or an insufficient paired sample to produce a dependable monthly figure. Historical lease records do confirm a verified parking premium of $327 per month, which serves as a reasonable reference point for budgeting.

Edge Towers I's active average asking rent of $3,081 per month at $3.87 per square foot compares to the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The building commands a 6.3 percent premium on a per-square-foot basis, and the higher nominal monthly rent is partially offset by the larger average suite size of 960 square feet versus the submarket norm. Edge Towers I represents three out of 242 active listings in the Mississauga City Centre submarket, or roughly 1.2 percent of total available inventory.

Edge Towers I's average realized lease rent of $2,530 per month runs $61 above the four-comp benchmark of $2,469, with the spread varying by competitor. Edge Towers 2 at 30 Elm Dr W (0.03 km, 43 closed leases) averaged $2,429 per month at $3.88 per square foot across 643 square feet, meaning the subject commands a $101-per-month higher rent than this nearest peer. The Towne II at 55 Elm Dr W (0.1 km, 9 closed leases) averaged $2,600 per month at $2.89 per square foot across 928 square feet, placing the subject $70 per month below that 1990-era building. Elle Condominiums at 3525 Kariya Dr (0.11 km, 14 closed leases) averaged $2,348 per month at $3.44 per square foot across 686 square feet, so the subject realizes a $182-per-month higher rent. Eden Park at 3504 Hurontario St (0.11 km, 12 closed leases) averaged $2,500 per month at $3.69 per square foot across 727 square feet, with the subject trading $30 per month above that mark.

Edge Towers I leases at $3.75 per square foot across an average 705-square-foot suite, a rate that sits above the four-comp average of $3.48 per square foot and the submarket leased benchmark of $3.55 per square foot, while the subject's footprint is 41 square feet smaller than the comp mean of 746 square feet. Against Edge Towers 2, the subject trades at a $0.13-per-square-foot (3.4%) discount below the comp's $3.88 rate, yet provides 62 more interior square feet; the $101 higher nominal rent is therefore driven by the larger footprint rather than a per-unit rate premium. Against The Towne II, the subject commands a $0.86-per-square-foot (29.8%) premium over the comp's $2.89 rate while providing 223 fewer interior square feet, so the $70 lower nominal rent reflects the substantially smaller suite size rather than a rate concession. Versus Elle Condominiums, the subject carries a $0.31-per-square-foot (9.0%) premium over the comp's $3.44 rate and 19 more square feet, compounding both a rate and size advantage into the $182 higher monthly rent. Against Eden Park, the subject holds a $0.06-per-square-foot (1.6%) premium over the comp's $3.69 rate while offering 22 fewer square feet, a near-parity trade where the slight rate edge is offset by marginally less interior space.

Edge Towers I fields a 13-item amenity suite anchored by an on-site Day Care facility, an Indoor Pool, a dedicated Business Centre, and a Children's Playground, a package that distinguishes it from all four nearby competitors. The Day Care is the single most differentiating feature: none of Edge Towers 2, The Towne II, Elle Condominiums, or Eden Park offers an in-building childcare component, making the subject the only building in this 100-metre radius catering to working parents with young children. Edge Towers 2 shares the Business Centre and Children's Playground but lacks both the Indoor Pool and the Day Care. The Towne II counters with an Outdoor Pool, Hot Tub & Jacuzzi, Tennis & Pickleball Court, and Squash & Racquetball Court—recreational offerings absent from the subject—yet omits the Day Care, Business Centre, and Children's Playground. Elle Condominiums and Eden Park each add a Hot Tub & Jacuzzi, Library & Reading Room, and Garden & Courtyard not found at Edge Towers I, but neither provides the Yoga Studio, Business Centre, or Day Care. The lifestyle package at Edge Towers I is best suited to young professional families and dual-income households who prioritize childcare access, aquatic fitness, and a structured wellness environment over the racquet-sport and garden-courtyard amenities favoured by the older 1990–2010 stock on Kariya Drive and Hurontario Street.