The Capital I - North Tower — Rental Market Data

The Capital I - North Tower features 4 active listings as of August 31, 2026, with an asking price range of $2,400 to $2,800 per month, an average rent of $2,544 per month, and a median rent of $2,488 per month. Current active inventory averages 693 square feet with an asking rate of $3.68 per square foot. 1-bedroom layouts and 1-bedroom plus den layouts each account for a dominant 50.0% share of active inventory, splitting available options equally between compact entry-level suites and slightly larger den configurations.

The dominant active layout at The Capital I - North Tower is the 1-bedroom configuration, accounting for 2 listings and a 50.0% share of active inventory. 1-bedroom suites average $2,600 per month across an average of 685 square feet at $3.79 per square foot. 1-bedroom plus den suites also account for 2 listings and a 50.0% share, averaging $2,488 per month across 700 square feet at $3.57 per square foot.

The Capital I - North Tower exhibits a minimum entry rent of $2,400 per month and a peak asking rent of $2,800 per month, creating a dollar spread of $400 per month and a percentage spread of 16.7%. Median asking rent sits at $2,488 per month. The entry-level option consists of a 1-bedroom suite spanning 650 square feet priced at $3.69 per square foot, while the peak listing comprises a 1-bedroom unit spanning 720 square feet priced at $3.89 per square foot.

The Capital I - North Tower displays an active den premium of -$113 per month with a square footage delta of 15 square feet. The marginal cost per square foot for the extra den space calculates to -$7.53 per square foot. Active parking premiums cannot be reliably isolated due to insufficient paired sample data.

The Capital I - North Tower asks an average rent of $2,544 per month at $3.68 per square foot, comparing to the Mississauga City Centre submarket asking benchmark of $2,771 per month and $3.64 per square foot. Nominal monthly asking rent is lower than the submarket average due to a more compact average suite footprint of 693 square feet, while the asking rate per square foot tracks 1.1% above the submarket asking benchmark across the building's 4 active listings.

The Capital I - North Tower achieves an average lease rent of $2,418 per month, sitting just below the overall micro-market comp average of $2,449 per month across benchmark properties including The Capital II - South Tower, The Capital II, Amica at City Centre, and City Centre - Wesley Tower. Specifically, The Capital II - South Tower (4080 Living Arts Dr) reports an average lease rent of $2,630 per month at $3.63 per square foot across an average of 747 square feet. The Capital II (320 City Centre Drive) records an average lease rent of $2,100 per month at $3.23 per square foot across 650 square feet. Amica at City Centre (350 Princess Royal Drive) exhibits an average lease rent of $2,625 per month at $3.14 per square foot across 875 square feet. Finally, City Centre - Wesley Tower (4065 Confederation Pkwy) averages $2,441 per month at $3.89 per square foot across 648 square feet.

The Capital I - North Tower establishes its value proposition by offering a balanced lease rate per square foot and generous average interior layouts compared to nearby high-density alternatives and submarket benchmarks. Renters evaluating the building weigh trade-offs such as the established, larger room footprints against the tighter layouts found in newer builds like City Centre - Wesley Tower, which averages 648 square feet at $3.89 per square foot. By comparison, Amica at City Centre provides an average of 875 square feet at $3.14 per square foot, while The Capital II offers 650 square feet at $3.23 per square foot. The Capital I - North Tower bridges these alternatives by delivering functional square footage that appeals to tenants seeking established floor plans without the steeper square-footage pricing of newer inventory.

The Capital I - North Tower delivers a comprehensive lifestyle and amenity profile that compares favourably against established peers in the Mississauga City Centre micro-market. Signature amenities at the subject property include a Concierge & Security service, a fully equipped Gym & Fitness Centre, an Indoor Pool, a relaxing Hot Tub & Jacuzzi, and a Sauna & Steam Room. When contrasted against nearby alternatives, the building matches or exceeds traditional offerings: The Capital II - South Tower at 4080 Living Arts Dr features a nearly identical amenity package including a Concierge & Security, Indoor Pool, and Rooftop Terrace, whereas City Centre - Wesley Tower at 4065 Confederation Pkwy incorporates modern additions like a Yoga Studio, Basketball Court, Dog Run, and Rock Climbing wall. This robust amenity ecosystem best serves professionals and small households seeking extensive on-site wellness and recreational facilities within an established community setting.