M City 3 Condominium — Rental Market Data

M City 3 Condominium features 13 active listings as of August 31, 2026, with asking rents ranging from $2,150 to $3,000 per month, an average rent of $2,565 per month, and a median asking rent of $2,700 per month. Active suites average 667 square feet at an average asking rate of $3.86 per square foot. Two-bedroom configurations dominate the active inventory with a 76.9% share, making the current leasing pool lean heavily toward multi-bedroom executive layouts rather than compact entry-level suites.

The dominant active layout at M City 3 Condominium is the two-bedroom tier, accounting for 10 active listings and 76.9% of current inventory with an average rent of $2,680 per month across an average of 703 square feet at $3.83 per square foot. The one-bedroom tier provides a small selection of 3 active listings, representing 23.1% of the market with an average rent of $2,183 per month across 550 square feet at $3.97 per square foot.

M City 3 Condominium presents a minimum entry rent of $2,150 per month and a peak asking rent of $3,000 per month, creating a dollar spread of $850 per month or 39.5%. The median asking rent sits at $2,700 per month. The entry-level option consists of a 1-bedroom suite spanning 550 square feet priced at $3.91 per square foot, whereas the peak suite is a 2-bedroom layout spanning 850 square feet priced at $3.53 per square foot.

Active den premium data for M City 3 Condominium cannot be isolated as square footage deltas and marginal costs are currently unavailable. Active parking premium data is unreliable due to an insufficient sample size, preventing the reliable isolation of stall fees from current listings.

M City 3 Condominium asks an average rent of $2,565 per month at $3.86 per square foot, compared to the Mississauga City Centre submarket asking benchmark of $2,771 per month at $3.64 per square foot. The lower nominal asking rent is driven by more compact suite sizing rather than cheaper unit pricing, resulting in a rate per square foot tracking 6% above the submarket asking benchmark while representing a minority share of the 242 active submarket inventory units.

M City 3 Condominium leases at an average monthly rent of $2,454, positioning it slightly below the overall comparable average of $2,495 per month across its primary competitor set. Parkside Village - PSV at 4011 Brickstone Mews recorded an average lease rent of $2,392 per month at $3.43 per square foot across 707 square feet. M2 - M City 2 at 3883 Quartz Rd achieved an average lease rent of $2,475 per month at $3.84 per square foot across 677 square feet. M City - Phase 1 at 3900 Confederation Pkwy posted an average lease rent of $2,413 per month at $3.79 per square foot across 659 square feet. Grand Park at 3985 Grand Park Dr reported an average lease rent of $2,701 per month at $3.18 per square foot across 877 square feet.

M City 3 Condominium positions itself as a modern, efficiently sized high-rise offering a leased rate of $3.70 per square foot across an average suite size of 674 square feet, aligning competitively against the submarket average of $3.55 per square foot. Renters balancing lifestyle and budget trade older, larger footprints—such as Grand Park's 877-square-foot units at $3.18 per square foot or Parkside Village - PSV's 707-square-foot layouts at $3.43 per square foot—for M City 3 Condominium's newer construction efficiencies, lower utility burdens, and updated interior finishes. Conversely, when evaluated against immediate post-2020 peers like M City - Phase 1 at $3.79 per square foot across 659 square feet, M City 3 Condominium offers a slightly more favorable rate per square foot while maintaining comparable modern suite sizing.

M City 3 Condominium delivers an extensive, resort-grade lifestyle and amenity package that stands out against neighboring properties in the core. The building features signature amenities including an indoor pool, an outdoor pool, a dedicated yoga studio, a pet wash station, and a rooftop terrace, which compare favorably against competing properties like Parkside Village - PSV, which includes a sauna, steam room, and dog run but lacks dual indoor and outdoor pools, and Grand Park, which offers traditional fitness and pool facilities without modern additions like a pet wash or dedicated yoga spaces. These offerings make M City 3 Condominium particularly attractive to active professionals, pet owners, and residents seeking comprehensive wellness and entertainment spaces within the Mississauga City Centre micro-market.