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Market Data as of August 31, 2026

EX1 — Rental Market Data

4015 The Exchange, Mississauga, Ontario L5B 0N9
Quick Rent Estimate
Active Suites11 Available
Type
Units
Avg Rent
2-Bedroom
10
$3,139
2-Bedroom + Den
1
$3,200

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2025
Total Suites600
DeveloperCamrost Felcorp

EX1, developed by Camrost Felcorp at 4015 The Exchange in the Mississauga City Centre submarket, is a newly completed 600-suite residential community offering 11 active listings as of August 2026. This availability rate of 1.8 percent reflects initial occupancy, supported by a rapid leasing pace. Specifically, the building recorded 50 closed leases over the past 90 days with an average time on market of 15 days, alongside 15 closed deals over the past 30 days with an average time on market of 15 days.

Active listings command an average asking rent of $3,145 per month at $3.73 per square foot, significantly exceeding the realized 90-day lease average of $2,469 per month. Current inventory features substantially larger floor plans averaging 850 square feet compared to the all-time historical lease average of 636 square feet, driving higher nominal monthly outlays. Meanwhile, the building's active rate of $3.73 per square foot tracks closely with the Mississauga City Centre submarket asking benchmark of $3.64 per square foot.

Marketing friction remains low, evidenced by a closed days on market average of 15 days, which compares against the 9-day average for delisted units that sat unrented before being pulled. Tenants retained modest market leverage over the past 90 days, securing an average discount of 0.98 percent or $26 per month below asking, with 31.1 percent of leases closing below list price. Prospective tenants seeking multi-room layouts will find deep selection across 10 active 2-bedroom configurations, while options featuring a dedicated den remain severely constrained with only one active listing.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at EX1 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units11
+2 (22.2%)
Avg Asking Rent$3,145
+$215 (7.3%)
Avg Suite Size850 sf
+139 sf (19.5%)
Avg Days on Market24d
+1d (4.1%)
Avg Asking $/SF$3.73
-$0.49 (11.6%)

Active Market Insights & Questions

How has rental availability changed at EX1 recently?

EX1 features 11 active listings as of August 2026, with asking rents ranging from $2,500 to $3,990 per month, an average asking rent of $3,145 per month, and a median asking rent of $3,000 per month. Active suites maintain an average floor area of 850 square feet and an average asking rate of $3.73 per square foot. Two-bedroom layouts dominate the available inventory with a 90.9 percent share, positioning the building's current offerings heavily toward multi-room suites rather than compact entry-level floor plans.

What floor plans and unit layouts are currently available at EX1?

The dominant active layout at EX1 is the 2-Bedroom configuration, accounting for 10 active listings and a 90.9 percent inventory share. Two-bedroom units average $3,139 per month across 850 square feet at an asking rate of $3.73 per square foot. The 2-Bedroom plus den tier comprises a single active listing representing a 9.1 percent share, asking an average of $3,200 per month across 850 square feet at $3.76 per square foot.

What is the average asking rent and $/SF by suite size at EX1?

EX1 presents an asking rent spread spanning from a minimum entry rent of $2,500 per month to a peak asking rent of $3,990 per month, creating a total dollar spread of $1,490 per month or a 59.6 percent variance. The median asking rent sits at $3,000 per month. The entry-level option consists of a 2-bedroom suite spanning 650 square feet at $3.85 per square foot, while the peak tier is anchored by a 2-bedroom suite spanning 1,100 square feet at $3.63 per square foot.

How much extra do parking spaces and dens cost at EX1?

Active den premium metrics for EX1 cannot be quantified as the square footage delta and dollar variances are currently null. Similarly, active parking premium data is inconclusive due to an insufficient sample size, preventing the reliable isolation of parking stall fees from current active listings.

How do asking rents at EX1 compare to local and municipal benchmarks?

EX1 asks an average of $3,145 per month at $3.73 per square foot, which compares against the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The higher nominal monthly outlay is driven by larger average suite sizes rather than inflated unit pricing, with the building's active rate tracking 2.5 percent above the submarket asking benchmark across its inventory share.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at EX1 (Data period: For the month of August 2026).

Units Leased15
Avg Leased Price$2,535
Avg Leased Size636 sf
Avg Days to Lease15d
Leased $/SF$4.00

Leased Transaction Insights & Questions

How many suites were leased at EX1 last month, and how fast did they rent?

At EX1, units leased in an average of 15 days over the past 30 days and 15 days over the 90-day window, comparing favourably against the Mississauga City Centre submarket benchmark of 23 days on market. Closed lease counts tracked at 15 transactions for the past 30 days, 50 transactions across the 90-day period, and 90 total lifetime transactions. Leasing turnover moderated slightly over the peak summer months following strong spring absorption.

What is the negotiation spread between asking rents and closed lease prices at EX1?

At EX1, transactions settled at an average discount of $26 per month, representing a 0.98% reduction below asking price and delivering $312 in annual tenant savings. Approximately 31.1% of leases closed under asking, reflecting mild tenant leverage and landlord concessions, while remaining units achieved full asking price.

What are typical executed lease prices across different layouts at EX1?

The two highest-volume anchor layouts at EX1 are the 2-Bedroom tier, averaging $2,575 per month across 16 days on market, and the 1-Bedroom tier, averaging $1,966 per month across 14 days on market. The 1-Bedroom tier recorded 23 closed leases with an average rent of $1,966 per month, a median rent of $1,995 per month, a P25-P75 range of $1,890 to $2,050 per month, an average size of 483 square feet, a rate of $4.16 per square foot, and an average of 14 days on market. The 2-Bedroom tier recorded 57 closed leases with an average rent of $2,575 per month, a median rent of $2,600 per month, a P25-P75 range of $2,450 to $2,650 per month, an average size of 691 square feet, a rate of $3.77 per square foot, and an average of 16 days on market. The 1-Bedroom + Den tier recorded 7 closed leases with an average rent of $2,218 per month, a median rent of $2,200 per month, a P25-P75 range of $2,150 to $2,288 per month, an average size of 550 square feet, a rate of $4.03 per square foot, and an average of 15 days on market, representing a moderate sample size. The 2-Bedroom + Den tier recorded 3 closed leases with an average rent of $2,967 per month, a median rent of $3,000 per month, a P25-P75 range of $2,950 to $3,000 per month, an average size of 945 square feet, a rate of $3.18 per square foot, and an average of 10 days on market, representing a small sample size (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at EX1?

At EX1, realized parking premiums averaged $256 per month for successfully leased units where parking was contracted as a separate line item. Parking was frequently bundled into standard lease agreements for larger 2-bedroom suites. Active asking parking data remains inconclusive due to an insufficient paired sample.

How does the lease-to-listing ratio at EX1 reflect current tenant demand?

At EX1, average monthly rents moved from $2,525 per month in April down to $2,264 per month in May, before recovering through June at $2,437 per month, July at $2,455 per month, and August at $2,535 per month. In April, 8 units closed at an average of $3.91 per square foot across 7 days on market. In May, 31 units closed at $3.78 per square foot across 18 days on market. In June, 19 units closed at $3.89 per square foot across 14 days on market. In July, 17 units closed at $3.90 per square foot across 16 days on market. In August, 15 units closed at $4.00 per square foot across 15 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at EX1 (Data period: For the month of August 2026).

Delisted Units3
Avg Asking Price$2,767
Avg Suite Size740 sf
Avg Days on Market9d
Delisted $/SF$3.75

De-Listed Market Analysis & Questions

How many listings de-listed at EX1, and what was their re-listing price compared to previous asking?

At EX1, a total of 3 units were delisted, representing a delisted-to-leased ratio of 20.0% relative to the 90 closed leases. The unrented pool broke down into 2 terminated listings, 0 expired listings, and 1 suspended listing. This equates to roughly 1 listing pulled or terminated for every 30 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at EX1?

At EX1, unrented units asked an average of $2,767 per month, which is $232 per month above realized lease averages of $2,535 per month. Unrented units were overpriced relative to realized leases, driving pushback on price from prospective tenants.

What market friction causes rental listings to stall or de-list at EX1?

At EX1, unrented listings averaged 9 days on market before being pulled, compared to 15 days on market for successfully leased units. Delisted properties were withdrawn quickly, avoiding extended vacancy carry and preventing prolonged unrented listings in the building.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
Max 2 Plotted
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Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-271525266564.0210
2026-04-281724916493.989
2026-04-291623756283.8210
2026-04-301623656223.8311
2026-05-011723856273.8310
2026-05-021924056293.8510
2026-05-032223706233.829
2026-05-042223736213.8410
2026-05-052323766223.8410
2026-05-062223706213.8411
2026-05-072723496243.797
2026-05-082723756273.827
2026-05-092923566203.848
2026-05-102923566203.849
2026-05-112923546203.839
2026-05-122923426113.889
2026-05-132923426113.8810
2026-05-142723236043.8911
2026-05-152523336113.8612
2026-05-162423306093.8613
2026-05-172223346103.8715
2026-05-182223346103.8716
2026-05-192123606203.8416
2026-05-202023506133.8618
2026-05-211823586133.8819
2026-05-222024256193.9716
2026-05-232125006423.9616
2026-05-242125006423.9617
2026-05-252025306543.9218
2026-05-261726056753.9018
2026-05-271327727123.9618
2026-05-281227957173.9715
2026-05-291627377063.9312
2026-05-301327346963.999
2026-05-311327346963.9910
2026-06-011427607073.969
2026-06-021627317003.959
2026-06-031827136943.969
2026-06-041826996864.009
2026-06-051526896734.0611
2026-06-061526896734.0612
2026-06-071626906734.0612
2026-06-081426786704.0714
2026-06-091526696754.0314
2026-06-101526696754.0315
2026-06-111426856774.0516
2026-06-121526766684.0916
2026-06-131426646704.0716
2026-06-141526396624.0716
2026-06-151426926804.0217
2026-06-161426926804.0218
2026-06-171427196884.0318
2026-06-181526816784.0217
2026-06-191526816784.0218
2026-06-201526816784.0219
2026-06-211526816784.0220
2026-06-221526816784.0221
2026-06-231526686784.0020
2026-06-241426766804.0121
2026-06-251526686784.0021
2026-06-261726166673.9819
2026-06-271526286634.0323
2026-06-281426336564.0824
2026-06-291226806664.1028
2026-06-301126836843.9524
2026-07-011126836843.9525
2026-07-021027526983.9828
2026-07-03927606924.0331
2026-07-041027146893.9729
2026-07-051127046853.9727
2026-07-061127046853.9728
2026-07-071127046853.9729
2026-07-081426646923.8824
2026-07-091426646923.8825
2026-07-101526797093.8122
2026-07-111526797093.8123
2026-07-121526797093.8124
2026-07-131526797093.8125
2026-07-141426776963.9327
2026-07-151226876953.9329
2026-07-161427517143.9326
2026-07-171327637034.0028
2026-07-181127757133.9729
2026-07-191127757133.9730
2026-07-201227437083.9428
2026-07-211227897233.9328
2026-07-221128157303.9430
2026-07-231128157303.9431
2026-07-241328527174.0427
2026-07-251228937234.0823
2026-07-261228937234.0824
2026-07-271129567434.0326
2026-07-281128937184.1222
2026-07-291128937184.1223
2026-07-301028977054.2026
2026-07-31929307114.2223
2026-08-01929307114.2224
2026-08-02830467504.1228
2026-08-03830467504.1229
2026-08-041130337594.0422
2026-08-05931547944.0122
2026-08-06832738254.0224
2026-08-07633328503.9822
2026-08-08732068363.8819
2026-08-09732278503.8218
2026-08-10633578673.9122
2026-08-11832438463.8618
2026-08-12931608243.8616
2026-08-13931608243.8617
2026-08-14931328133.8817
2026-08-15931328133.8818
2026-08-16931328133.8819
2026-08-171030998173.8218
2026-08-181030998173.8219
2026-08-191130678203.7718
2026-08-201130678203.7719
2026-08-211130728203.7720
2026-08-221329847943.7917
2026-08-231329847943.7918
2026-08-241429217663.8918
2026-08-251329267693.8919
2026-08-261130047913.8922
2026-08-271130408143.7723
2026-08-281130408143.7724
2026-08-291130408143.7725
2026-08-301031098303.7826
2026-08-311131458503.7324

12-Month Market Dynamics & Trend Trajectory

EX1 recorded a lifetime leasing volume of 90 transactions with an average monthly rent of $2,405 per month and a rate of $3.87 per square foot. The average suite size across all closed leases stood at 636 square feet with a lifetime average of 15 days on market, demonstrating steady tenant absorption velocity since initial occupancy. Transactions settled with mild concessions, where approximately 31.1% of deals closed below asking price. Tenants secured an average discount of $26 per month, representing a 0.98% markdown from initial list prices and yielding $312 in annual savings, reflecting slight tenant leverage during negotiations.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-26126007503.474
2026-05-03221756233.4920
2026-05-10923776263.8411
2026-05-17721765913.7316
2026-05-241222175853.8426
2026-05-31526006903.8010
2026-06-07325176503.8717
2026-06-14220755254.1115
2026-06-21325006833.669
2026-06-28823536143.9217
2026-07-05123005504.1826
2026-07-12725596933.7618
2026-07-19322675724.1012
2026-07-26425006444.0419
2026-08-02625456084.2424
2026-08-09224006503.738
2026-08-16228758353.448
2026-08-23324506004.257
2026-08-30224256503.7313

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

EX1 competes directly with a cluster of established and newly delivered residential towers within the Mississauga City Centre submarket, anchored by EX2 located 0.06 kilometers away with a 2024 completion year and 96 active leases, Exchange Signature Residences located 0.07 kilometers away with a 2025 completion year and 8 active leases, Citygate II located 0.2 kilometers away built in 2006 with 16 active leases, and ONYX Condominiums & Lofts located 0.26 kilometers away built in 2011 with 16 active leases. This competitive set highlights a clear generational contrast between brand-new master-planned high-rises and mid-2000s to early-2010s urban developments. Across this local micro-market, the overall competitor benchmark averages $2,612 per month at $3.46 per square foot across an average suite size of 765 square feet. EX1 positions itself within this upper tier by leveraging its brand-new construction status and modern floor plates, trading at a noticeable premium per square foot compared to older structural generations like Citygate II while remaining closely aligned with contemporary nearby deliveries.

EX262 m

2 Erskine Road, Mississauga

Avg Asking$2,426/mo
Avg $/SF$3.67
Rent Spread:
-$719/mo (-22.9%) Lower

4023 The Exchange, Mississauga

Avg Asking$2,908/mo
Avg $/SF$3.89
Rent Spread:
-$236/mo (-7.5%) Lower

220 Burnhamthorpe Rd W, Mississauga

Avg Asking$2,782/mo
Avg $/SF$3.27
Rent Spread:
-$363/mo (-11.5%) Lower

223 Webb Dr, Mississauga

Avg Asking$2,508/mo
Avg $/SF$3.39
Rent Spread:
-$637/mo (-20.2%) Lower

3939 Duke of York Blvd, Mississauga

Avg Asking$2,579/mo
Avg $/SF$3.21
Rent Spread:
-$566/mo (-18.0%) Lower

225 Webb Dr, Mississauga

Avg Asking$2,501/mo
Avg $/SF$3.13
Rent Spread:
-$643/mo (-20.5%) Lower

Comparable Analysis & Questions

How do rental rates at EX1 compare to neighbouring buildings within Mississauga City Centre?

EX1 achieves an average lease rent of $2,405 per month, which sits below the overall competitor average of $2,612 per month across the local benchmark set. Individual performance varies across nearby alternatives, beginning with EX2 at 2 Erskine Road, which reports an average lease rent of $2,374 per month at $3.63 per square foot across an average of 658 square feet. Exchange Signature Residences at 4023 The Exchange commands an average lease rent of $2,916 per month at $3.71 per square foot across an average of 788 square feet. Citygate II at 220 Burnhamthorpe Rd W records an average lease rent of $2,743 per month at $3.12 per square foot across an average of 889 square feet. Finally, ONYX Condominiums & Lofts at 223 Webb Dr logs an average lease rent of $2,414 per month at $3.38 per square foot across an average of 723 square feet.

Does EX1 offer a competitive price-per-square-foot ($/SF) against local comparables?

EX1 establishes its value proposition by realizing an average leased rate of $3.87 per square foot across an average footprint of 636 square feet, capturing a premium over several older and larger competitor configurations in the submarket. Renters evaluating EX1 trade slightly more compact, highly efficient modern layouts against the larger, older footprints found in buildings like Citygate II, which averages 889 square feet at $3.12 per square foot, and ONYX Condominiums & Lofts, which averages 723 square feet at $3.38 per square foot. While older towers offer lower rates per square foot due to their age, EX1 tenants pay for contemporary finish packages, reduced utility burdens associated with modern construction, and functional interior layouts tailored to current urban lifestyle demands.

How do building age, amenities, and developer reputation impact rent spreads?

EX1 delivers an extensive suite of lifestyle and wellness offerings that match or exceed the amenities found across competing high-rises in the immediate node. The building features 5 signature amenities including an indoor pool, a dedicated basketball court, a sauna and steam room, a rooftop terrace, and an on-site pet wash station. When compared to nearby peers, EX1 matches the recreational depth of EX2, which similarly provides an indoor pool, basketball court, and pet wash station alongside unique additions like a sky running track. Meanwhile, older properties such as Citygate II rely on traditional recreational spaces like squash courts and shuttle services without matching the specialized pet and wellness infrastructure integrated into EX1. This robust amenity package makes EX1 well-suited for young professionals and urban families seeking comprehensive, resort-style building features.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around EX1.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Basketball Court
  • Party & Lounge Room
  • Meeting Room
  • Dining Room & Kitchen
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for EX1.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.