Soleil 3 — Rental Market Data

Soleil 3 at 480 Gordon Krantz Avenue has two active listings as of August 31, 2026, spanning $2,199 to $2,900 per month with an average and median asking rent of $2,550. The two available suites average 550 square feet at a blended asking rate of $4.91 per square foot, and the inventory splits evenly between a 1-Bedroom + Den and a 2-Bedroom + Den, meaning no tier offers more than a single option. Because both listings are den-inclusive layouts, the active stock leans toward flexible one- and two-bedroom configurations rather than pure entry-level studios or multi-bedroom executive plans.

The dominant active layout at Soleil 3 is the 1-Bedroom + Den, with one unit representing 50 percent of available inventory at an average asking rent of $2,199 per month across 650 square feet and a rate of $3.38 per square foot. The 2-Bedroom + Den tier also holds one unit at 50 percent share, asking $2,900 per month for 450 square feet at $6.44 per square foot. Both tiers are single-listing samples, so neither offers a comparative spread within its bedroom category, and renters should treat each as an individual deal rather than a market-rate cluster.

Soleil 3's two active listings span a $701 spread, from a minimum entry rent of $2,199 per month to a peak asking rent of $2,900 per month, a 31.9 percent range. The median asking rent sits at $2,550 per month, anchoring the midpoint between the two units. The entry-level suite is a 1-Bedroom + Den at 650 square feet and $3.38 per square foot, while the peak unit is a 2-Bedroom + Den at 450 square feet and $6.44 per square foot, illustrating how the compact footprint of the larger layout drives a significantly higher per-square-foot rate despite a lower total area.

Soleil 3's active den premium and associated square-footage delta cannot be reliably quantified from the current two-listing sample, so no marginal cost per square foot for extra den space can be stated with confidence. Active parking stall premiums are likewise inconclusive; the paired data is flagged as an unreliable outlier or insufficient sample, and no verified monthly parking add-on figure can be quoted for either available unit.

Soleil 3's active asking rent of $2,550 per month at $4.91 per square foot compares to the Milton submarket asking benchmark of $2,483 per month at $3.57 per square foot, placing the building 37.5 percent above the submarket rate on a per-square-foot basis. The nominal rent gap is modest because the two active suites average 550 square feet, which is 146 square feet smaller than the submarket implied average of 696 square feet, so the compact footprints compress total monthly cost even as the per-square-foot rate climbs. Soleil 3's two listings represent 2 out of 44 available units in the Milton submarket, a 4.5 percent share of total active inventory.

Soleil 3's average realized lease rent of $2,264 per month sits $20 below the four-comp blended benchmark of $2,284, positioning it in the middle of its immediate peer set. Against Soleil 4 at 490 Gordon Krantz Ave (0.06 km, 9 closed leases, $2,175 average rent, $3.30 per square foot, 669 square feet), the subject commands a higher monthly rent by $89. Against Soleil - 2 at 470 Gordon Krantz Ave (0.1 km, 9 closed leases, $2,500 average rent, $3.10 per square foot, 812 square feet), the subject trades at a lower monthly rent by $236. Against Soleil 1 at 460 Gordon Krantz Ave (0.11 km, 11 closed leases, $2,361 average rent, $3.13 per square foot, 769 square feet), the subject trades at a lower monthly rent by $97. Against Hawthorne South Village at 1105 Leger Way (1.86 km, 21 closed leases, $2,099 average rent, $3.31 per square foot, 642 square feet), the subject commands a higher monthly rent by $165.

Soleil 3 leases at $3.22 per square foot on an average 710-square-foot suite, positioning it at a slight rate premium over two of its three same-generation peers while offering a mid-pack footprint relative to the four-comp average of $3.21 per square foot and 723 square feet. Against Soleil 4 (669 sq ft, $3.30 per square foot), the subject trades at a $0.08 per square foot discount while providing 41 more interior square feet, meaning the higher nominal rent is driven entirely by the larger footprint rather than a rate premium. Against Soleil - 2 (812 sq ft, $3.10 per square foot), the subject commands a $0.12 per square foot premium while providing 102 fewer interior square feet, so the lower nominal rent reflects the smaller suite rather than weaker asset valuation. Against Soleil 1 (769 sq ft, $3.13 per square foot), the subject commands a $0.09 per square foot premium on 59 fewer square feet, again a footprint-driven rent differential. Against Hawthorne South Village (642 sq ft, $3.31 per square foot), the subject trades at a $0.09 per square foot discount while providing 68 more interior square feet, with the higher total rent attributable to the additional space rather than a stronger per-foot rate.

Soleil 3 offers a ten-feature lifestyle package including a dedicated Dining Room & Kitchen, Business Centre, Meeting Room, Yoga Studio, Rooftop Terrace, and Concierge & Security, giving it a broader communal-dining and remote-work profile than any single competitor in the set. The Dining Room & Kitchen is absent from all four comparables—Soleil 4, Soleil - 2, Soleil 1, and Hawthorne South Village—making it the building's most distinctive lifestyle differentiator. Soleil 4 adds a Games & Billiards Room and Garden & Courtyard that Soleil 3 lacks, while Soleil - 2 differentiates with EV Charging Stations and Parcel Lockers. Hawthorne South Village, the oldest building in the set, offers a Media & Theatre Room but omits the gym, yoga studio, rooftop terrace, and business centre entirely. The full-service package at Soleil 3—pairing professional infrastructure (business centre, meeting room) with wellness (gym, yoga studio) and communal dining—best serves young professionals and remote workers in Milton who prioritize a turnkey residential experience over a bare-bones lease.