City Centre - Wesley Tower — Rental Market Data

City Centre - Wesley Tower has 5 active listings as of August 31, 2026, spanning a price range of $2,150 to $3,900 per month, an average rent of $3,060 per month, and a median rent of $3,250 per month. Active listings average 825 square feet with an asking rate of $3.92 per square foot. Dominant layout share stands at 40% for 1-bedroom suites, indicating inventory leans toward compact entry-level configurations paired with multi-bedroom executive layouts.

The dominant active layout at City Centre - Wesley Tower is the 1-Bedroom, accounting for 2 listings and a 40% inventory share. The 1-Bedroom tier features an average rent of $2,325 per month, a median rent of $2,325 per month, an average size of 538 square feet, and an asking rate of $4.34 per square foot. The 3-Bedroom+ tier accounts for 2 listings and a 40% share, averaging $3,575 per month across 1,150 square feet at $3.13 per square foot, while the 2-Bedroom tier provides 1 listing and a 20% share at $3,500 per month across 750 square feet for an asking rate of $4.67 per square foot.

City Centre - Wesley Tower maintains a minimum entry rent of $2,150 per month and a peak asking rent of $3,900 per month, creating a dollar spread of $1,750 and a percentage spread of 81.4%. Median asking rent rests at $3,250 per month. The entry-level suite is a 1-bedroom spanning 550 square feet at $3.91 per square foot, whereas the peak suite is a 3-bedroom+ spanning 1,100 square feet at $3.55 per square foot.

City Centre - Wesley Tower active den premium data is unquantified as active den parameters are null. Verified parking stalls add $350 per month to lease agreements.

City Centre - Wesley Tower asking rent averages $3,060 per month at $3.92 per square foot, comparing against the submarket asking benchmark of $2,771 per month at $3.64 per square foot. Nominal monthly rent variances reflect differing suite sizing and layout distributions across the inventory pool, with the building commanding a 7.7% premium in asking rate per square foot while representing a 2.1% share of the 242 active submarket listings.

City Centre - Wesley Tower achieves an average annual lease rent of $2,433 per month, aligning closely with the overall competitive benchmark average of $2,467 per month across established nearby towers such as Parkside Village - The Grand Residences, Parkside Village - PSV 2, Parkside Village - The Residences, and Parkside Village - Block Nine - South Tower. Parkside Village - The Grand Residences (4070 Confederation Pkwy) reports an average lease rent of $2,429 per month at $3.53 per square foot across an average of 702 square feet. Parkside Village - PSV 2 (510 Curran Pl) commands $2,526 per month at $3.29 per square foot across an average of 785 square feet. Parkside Village - The Residences (4065 Brickstone Mews) leases at an average of $2,434 per month at $3.33 per square foot across an average of 737 square feet. Finally, Parkside Village - Block Nine - South Tower (4055 Parkside Village Dr) records an average lease rent of $2,478 per month at $3.74 per square foot across an average of 696 square feet.

City Centre - Wesley Tower establishes its value proposition by trading at a notable premium per square foot, averaging $3.91 per square foot across an average all-time leased footprint of 640 square feet, which surpasses the broader submarket lease average of $3.55 per square foot. Renters evaluating the building versus nearby alternatives weigh specific spatial trade-offs: while competitors like Parkside Village - PSV 2 offer larger average footprints of 785 square feet at a lower rate of $3.29 per square foot, and Parkside Village - The Residences provide 737 square feet at $3.33 per square foot, the subject building trades at higher per-square-foot metrics—including a 10.8% premium over The Grand Residences ($3.53 per square foot across 702 square feet) and a 17.4% premium over The Residences ($3.33 per square foot). Renters at City Centre - Wesley Tower ultimately pay for newer construction efficiencies, modern mechanical systems, and contemporary suite finishes that offset the more compact interior layouts compared to older neighbouring developments.

City Centre - Wesley Tower delivers an extensive, resort-style amenity program that establishes a distinct lifestyle benchmark compared to its immediate Parkside Village neighbours. Signature features at the subject building include an indoor pool, a dedicated yoga studio alongside a full gym and fitness centre, an outdoor children's playground paired with an indoor kids' play room, a dedicated dog run, and a rock-climbing wall. When compared against competing properties, the subject building outpaces Parkside Village - The Residences (which features standard amenities like a gym, indoor pool, sauna, party room, and rooftop terrace but lacks specialized wellness and recreation spaces like a rock-climbing wall or dog run) and matches the multi-facility scale of Parkside Village - PSV 2 (which includes an EV charging station and wellness retreat but lacks the indoor basketball court and rock-climbing features found at Wesley Tower). This robust amenity infrastructure positions City Centre - Wesley Tower exceptionally well to serve young professionals, fitness enthusiasts, and pet owners seeking an active, all-inclusive urban lifestyle in the heart of Mississauga.