Parkside Village - The Residences — Rental Market Data

Parkside Village – The Residences carries three active listings as of August 31, 2026, with asking rents ranging from $2,400 to $3,000 per month, an average of $2,617, and a median of $2,450. The average active suite measures 717 square feet at an asking rate of $3.66 per square foot. Each of the three available units represents a distinct layout tier—one one-bedroom, one one-bedroom-plus-den, and one two-bedroom—so inventory is evenly split rather than concentrated in entry-level or executive configurations.

No single layout dominates the active inventory at Parkside Village – The Residences; all three tiers hold exactly one listing each at a 33.3 percent share. The one-bedroom (650 sq ft, $2,450, $3.77 psf) and the one-bedroom-plus-den (650 sq ft, $2,400, $3.69 psf) anchor the entry level, while the two-bedroom (850 sq ft, $3,000, $3.53 psf) tops the range. Because every tier is a single listing, renters face no within-building competition for a given layout but also have no fallback option if their preferred configuration is taken.

Parkside Village – The Residences shows an active asking spread of $600 per month, or 25 percent, between the entry rent of $2,400 and the peak ask of $3,000. The median asking rent sits at $2,450 per month. The entry-level suite is a one-bedroom-plus-den measuring 650 square feet at $3.69 per square foot, while the peak listing is a two-bedroom at 850 square feet and $3.53 per square foot, meaning the larger unit actually carries a lower per-square-foot rate despite the higher absolute rent.

At Parkside Village – The Residences, the active den premium cannot be reliably quantified: the tracked delta is zero additional square feet and the marginal cost per square foot is uncalculated, with a nominal $50 difference between the one-bedroom and one-bedroom-plus-den listings that does not reflect a true space premium. Active parking stall costs also cannot be reliably isolated from the current sample; the data set contains anomalous outliers or an insufficient paired sample to produce a defensible monthly figure, so renters should confirm parking terms directly with the leasing office.

Parkside Village – The Residences asks an average of $2,617 per month at $3.66 per square foot, compared with the Mississauga City Centre submarket asking benchmark of $2,771 per month and $3.64 per square foot. The building's active inventory prices 0.5 percent above the submarket on a per-square-foot basis, while the nominal monthly rent sits roughly 5.6 percent below the submarket asking average—a gap explained by the building's 717-square-foot average suite being more compact than the submarket norm. Parkside Village accounts for three out of 242 available listings in the Mississauga City Centre submarket, a 1.2 percent share of total active inventory.

Parkside Village – The Residences realized an average lease rent of $2,448 per month over the trailing year, sitting $21 below the four-comp benchmark of $2,469 and slightly under the Mississauga City Centre submarket average of $2,522. Against Parkside Village – Block Nine – South Tower (4055 Parkside Village Dr, 0.04 km, 33 closed leases, $2,478 average rent, $3.74 per square foot, 696 sq ft), the subject trades at a $30-per-month lower rent. Parkside Village – PSV 2 (510 Curran Pl, 0.06 km, 54 closed leases, $2,526 average rent, $3.29 per square foot, 785 sq ft) shows the subject at a $78-per-month lower rent. Parkside Village – The Grand Residences (4070 Confederation Pkwy, 0.08 km, 27 closed leases, $2,429 average rent, $3.53 per square foot, 702 sq ft) places the subject at a $19-per-month higher rent. City Centre – Wesley Tower (4065 Confederation Pkwy, 0.09 km, 60 closed leases, $2,441 average rent, $3.89 per square foot, 648 sq ft) shows the subject at a $7-per-month higher rent. All four competitors recorded active lease transactions, so no zero-volume reference adjustments apply.

The subject building leases at $3.30 per square foot across an average 748-square-foot suite, offering a lower rate per square foot than three of four active competitors while providing more interior space than all but one. Versus Parkside Village – Block Nine – South Tower, the subject trades at a $0.44-per-square-foot (11.8%) discount and provides 52 more interior square feet, meaning the lower nominal rent of $30 per month is reinforced by both a cheaper per-unit rate and a larger footprint. Against Parkside Village – PSV 2, the subject commands a marginal $0.01-per-square-foot (0.3%) premium yet provides 37 fewer interior square feet; here the $78-per-month lower total rent is driven entirely by the smaller interior footprint rather than a weaker per-space valuation. Parkside Village – The Grand Residences shows the subject at a $0.23-per-square-foot (6.5%) discount with 46 more square feet, so the $19-per-month higher nominal rent is a direct function of the larger suite rather than a rate premium. City Centre – Wesley Tower presents the widest spread: the subject trades at a $0.59-per-square-foot (15.2%) discount while delivering 100 more interior square feet, and the $7-per-month higher total rent is purely a square-footage effect, not a per-unit pricing advantage.

Parkside Village – The Residences fields a ten-item amenity suite anchored by an indoor pool, sauna and steam room, and a garden courtyard, positioning it as a wellness-and-outdoor-living package within the Parkside Village cluster. The indoor pool and sauna/steam combination is absent from Block Nine – South Tower and The Grand Residences, giving the subject a distinct aquatic-wellness edge over those two peers; PSV 2 and Wesley Tower also carry pools, narrowing that gap. The subject's garden and courtyard feature is not replicated in Block Nine – South Tower, The Grand Residences, or Wesley Tower, offering a private outdoor gathering space that three of four competitors lack. Conversely, the subject does not offer a yoga studio, business centre, meeting room, kids' play room, dog run, or rock-climbing wall—facilities present in one or more competitors—so families with young children and remote-work professionals will find richer programming at PSV 2 or Wesley Tower. The lifestyle package here best serves cost-conscious professionals and couples who prioritize a pool-and-sauna wellness routine, a courtyard for al fresco entertaining, and a straightforward concierge-and-gym setup without the premium pricing attached to the larger amenity inventories of the 2018–2021 cohort.