Parkside Village - Avia 2 — Rental Market Data

Parkside Village - Avia 2 has four units actively listed as of August 31, 2026, with asking rents ranging from $2,200 to $3,000 per month, an average of $2,600, and a median of $2,600. The average active suite measures 770 square feet at $3.40 per square foot, and the inventory skews toward compact entry-level one-bedroom suites, which account for 50 percent of available units. The remaining two listings split evenly between a two-bedroom and a two-bedroom-plus-den executive layout, giving renters a narrow but tiered selection across bedroom counts.

The dominant active layout at Parkside Village - Avia 2 is the one-bedroom, with two units representing 50 percent of available inventory at an average asking rent of $2,300 per month, 650 square feet, and $3.54 per square foot. The two-bedroom tier holds a single listing at $2,800 per month for 850 square feet at $3.29 per square foot, while the two-bedroom-plus-den tier also carries one unit at $3,000 per month for 928 square feet at $3.23 per square foot. Each of the upper tiers reflects a single transaction, so renters should treat those price points as individual deals rather than a market rate.

Parkside Village - Avia 2 currently spans an $800 asking spread, from a minimum entry rent of $2,200 to a peak asking rent of $3,000 per month, a 36.4 percent range. The median asking rent sits at $2,600 per month. The entry-level suite is a one-bedroom at 650 square feet and $3.38 per square foot, while the peak listing is a two-bedroom-plus-den at 928 square feet and $3.23 per square foot, meaning the top unit delivers 43 percent more area at a lower per-square-foot rate.

Active den premiums at Parkside Village - Avia 2 cannot be reliably quantified due to insufficient paired sample data, so no marginal cost per square foot for extra den space can be stated. Verified parking stall costs from closed leases average $205 per month, but the active parking premium cannot be isolated from current listings because the paired sample is too small or contains anomalous outliers to produce a dependable figure.

Parkside Village - Avia 2's active asking rate of $3.40 per square foot sits 6.6 percent below the Mississauga City Centre submarket asking benchmark of $3.64 per square foot, making it a competitively priced option on a per-area basis. The building's average asking rent of $2,600 per month is $171 below the submarket average asking rent of $2,771, a gap explained in part by the 770-square-foot average suite being larger than typical submarket listings. Parkside Village - Avia 2 accounts for four out of 242 available listings in the Mississauga City Centre submarket, or roughly 1.7 percent of total active inventory.

Parkside Village – Avia 2's all-time average realized lease rent of $2,327 per month sits $259 below the four-building comp benchmark of $2,586, a gap that reflects the subject's compact 640-square-foot suites rather than a weaker asset valuation. The primary active competitor, Parkside Village – Avia at 430 Square One Dr (0.07 km, 59 closed leases), averages $2,487 per month at $3.56 per square foot across 721-square-foot units, meaning the subject trades at a $160-per-month lower rent despite charging a higher rate per square foot. Chicago Condominiums at 385 Prince of Wales Dr (0.16 km, 20 closed leases) averages $2,255 per month at $3.74 per square foot across 621-square-foot units, placing the subject $72 per month above that benchmark. Centre at Square One I at 350 Rathburn Rd W (0.18 km, 3 closed leases) averages $3,017 per month at $2.55 per square foot across 1,197-square-foot units, a figure $690 higher than the subject but driven by nearly double the interior space. Centre at Square One II at 330 Rathburn Rd W (0.18 km) recorded zero closed leases over the trailing 180 days and therefore has no realized rent benchmark to compare against.

Parkside Village – Avia 2 leases at an average of $3.85 per square foot across 640 square feet, a rate that commands a premium over every active nearby competitor while the submarket benchmark sits at $3.55 per square foot. Against Parkside Village – Avia (0.07 km), the subject trades at a $0.29 per square foot (8.1 percent) premium yet provides 81 fewer interior square feet, so the $160-per-month lower nominal rent is a direct function of the smaller footprint rather than a discount in asset value. Versus Chicago Condominiums (0.16 km), the subject commands a $0.11 per square foot (2.9 percent) premium and delivers 19 more interior square feet, resulting in a $72-per-month higher rent that reflects both a slightly larger unit and a marginally higher rate. Compared with Centre at Square One I (0.18 km), the subject trades at a $1.30 per square foot (51 percent) premium but provides 557 fewer interior square feet, meaning the $690-per-month lower absolute rent is entirely attributable to the dramatically smaller suite size. In every active comparison, the subject's higher per-square-foot rate is offset by a smaller or comparable interior footprint, keeping the total monthly outlay competitive for renters prioritizing modern finishes and location over raw square footage.

Parkside Village – Avia 2 offers an 18-item amenity package spanning aquatic recreation, wellness, remote-work infrastructure, and family-oriented facilities, making it the most comprehensively equipped building in its immediate peer set. The subject's Business Centre, Pet Wash Station, Kids' Play Room (indoor), and EV Charging Station are all absent from Parkside Village – Avia at 430 Square One Dr, its closest 2025 sibling, while Chicago Condominiums at 385 Prince of Wales Dr lacks the Business Centre, Pet Wash Station, indoor Kids' Play Room, and EV Charging Station despite offering a Golf Simulator and Rock Climbing Wall that the subject does not carry. The two 1990-era Centre at Square One towers provide Tennis & Pickleball Courts and Squash & Racquetball Courts that no 2025 or 2011 peer in this set matches, but they omit the Yoga Studio, Dining Room & Kitchen, Children's Playground (outdoor), indoor Kids' Play Room, Pet Wash Station, and Business Centre found at the subject. The lifestyle package at Parkside Village – Avia 2 is best suited to young professional couples and small families who want a turnkey wellness and remote-work environment—indoor pool, sauna, yoga studio, dedicated meeting and business spaces—without sacrificing family-friendly amenities like the outdoor playground and pet wash, all within walking distance of Square One's retail and transit hub.