The Towne I — Rental Market Data

The Towne I has one unit actively listed as of August 31, 2026, asking $2,750 per month with both the average and median rent at $2,750. The available suite spans 1,100 square feet at an asking rate of $2.50 per square foot. This single listing is a 2-Bedroom + Den layout, representing 100 percent of active inventory, and positions the building's current availability squarely in the multi-bedroom executive tier rather than compact entry-level suites.

The sole active listing at The Towne I is a 2-Bedroom + Den unit, accounting for 100 percent of available inventory. This single listing asks $2,750 per month across 1,100 square feet at $2.50 per square foot, and no other bedroom tiers currently have active availability in the building.

The Towne I's active pricing spread is $0 with a 0 percent range, as the single available unit asks a flat $2,750 per month for both the minimum and maximum entry. The median asking rent also sits at $2,750. The entry-level and peak suite are the same 2-Bedroom + Den layout at 1,100 square feet and $2.50 per square foot, leaving no tier differentiation within the current active inventory.

The Towne I's active den premium and square-footage delta cannot be quantified from the current single-listing sample, as no paired comparison between den and non-den units exists in active inventory. Parking stall costs also cannot be reliably isolated, as the available data reflects an anomalous outlier or insufficient paired sample, and no verified monthly parking figure can be quoted for prospective renters.

The Towne I's active asking rent of $2,750 per month sits just below the Mississauga City Centre submarket average asking rent of $2,771, while its $2.50 per square foot rate is 31.3 percent lower than the submarket asking benchmark of $3.64 per square foot. The nominal rent is nearly at parity with the submarket average, but the building's larger 1,100-square-foot footprint versus the submarket's typical suite size explains why the per-square-foot rate reads significantly more competitive. The Towne I represents one out of 242 active listings in the Mississauga City Centre submarket.

The Towne I's average realized lease rent of $2,811 per month runs $123 above the four-comp benchmark of $2,688, with the primary drivers being Enfield Place I (285 Enfield Pl, 0.14 km, 9 closed leases, $2,714 average rent, $3.12 per square foot, 872 sq ft), Enfield Place II (265 Enfield Pl, 0.16 km, 9 closed leases, $2,661 average rent, $3.09 per square foot, 861 sq ft), The Towne II (55 Elm Dr W, 0.16 km, 9 closed leases, $2,600 average rent, $2.89 per square foot, 928 sq ft), and The Tiara (156 Enfield Pl, 0.14 km, 4 closed leases, $2,775 average rent, $2.87 per square foot, 975 sq ft). All four competitors recorded active lease transactions over the trailing 180 days, so each provides a realized pricing benchmark rather than a reference-only data point.

The Towne I leases at $2.97 per square foot with an average suite of 1,000 square feet, positioning it below the comp average rate of $2.99 per square foot while delivering 25 to 139 more interior square feet than every nearby competitor. Against Enfield Place I, the subject trades at a $0.15 per square foot (4.8%) discount while providing 128 more square feet, so the $97 higher monthly rent is entirely a function of the larger interior footprint rather than a per-unit premium. Enfield Place II follows the same pattern: the subject offers a $0.12 per square foot (3.9%) discount and 139 additional square feet, yet still commands $150 more per month. The Tiara and The Towne II present the inverse dynamic—the subject carries a $0.10 per square foot (3.5%) premium over The Tiara and a $0.08 per square foot (2.8%) premium over The Towne II—while also providing 25 and 72 more square feet respectively, meaning both rate and footprint contribute to the higher nominal rent in those pairings.

The Towne I offers a 14-item amenity package that includes a Yoga Studio and Library & Reading Room, two features absent from three of its four immediate competitors. The Yoga Studio is not available at Enfield Place I, Enfield Place II, or The Tiara, giving The Towne I a distinct wellness differentiator in a cluster where most peers rely on a standard gym and fitness centre. The Library & Reading Room is likewise missing from Enfield Place I and Enfield Place II, though The Tiara and The Towne II do provide one. In return, the subject lacks a Garden & Courtyard (present at all four competitors), a Basketball Court (Enfield Place I and The Tiara), an Outdoor Pool (The Towne II), and a Business Centre (Enfield Place I). This amenity mix—emphasizing indoor wellness, quiet study, and recreational courts over outdoor communal space—best serves the professional renter who prioritizes a private, low-traffic lifestyle environment with on-site fitness and leisure options over family-oriented outdoor programming.