Soleil 4 — Rental Market Data

Soleil 4 has two active listings as of August 31, 2026, with asking rents ranging from $2,050 to $2,199 per month, an average of $2,125 per month, and a median of $2,124 per month. The two suites average 600 square feet at a combined asking rate of $3.56 per square foot. Inventory is evenly split between a 1-Bedroom and a 2-Bedroom + Den, each representing 50 percent of available units, so neither compact entry-level nor multi-bedroom executive layouts dominate the current offering.

The dominant active layout at Soleil 4 is the 1-Bedroom, with one listing representing 50 percent of available inventory at an average asking rent of $2,050 per month across 550 square feet and a rate of $3.73 per square foot. The remaining 50 percent is a single 2-Bedroom + Den suite listed at $2,199 per month for 650 square feet at $3.38 per square foot. Both tiers are single-listing samples, so each reflects an individual transaction rather than a broader market signal.

Soleil 4's two active listings span a $149 spread from a minimum entry rent of $2,050 per month to a peak asking rent of $2,199 per month, a 7.3 percent range. The median asking rent sits at $2,124 per month, just $1 above the average. The entry-level suite is a 1-Bedroom at 550 square feet priced at $3.73 per square foot, while the peak suite is a 2-Bedroom + Den at 650 square feet priced at $3.38 per square foot, meaning the larger layout actually commands a lower per-square-foot rate despite the higher monthly outlay.

Soleil 4's active den premium and 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. Parking stall premiums are likewise inconclusive: the active listing sample is too small and contains anomalous outliers to isolate a dependable parking add-on, and historical lease data does not provide a verified paired benchmark either. Renters should request individual parking quotes directly from the leasing office rather than rely on a platform-derived figure.

Soleil 4's average asking rent of $2,125 per month at $3.56 per square foot compares to the Milton submarket average asking rent of $2,483 per month at $3.57 per square foot. The building's per-square-foot rate is 0.3 percent below the submarket benchmark, so the $358-per-month nominal gap is driven by Soleil 4's more compact average suite of 600 square feet rather than a cheaper unit price. Soleil 4 accounts for two of the 44 active listings across the Milton submarket, representing roughly 4.5 percent of total available inventory.

Soleil 4's average closed lease rent of $2,175 per month sits $127 (5.5%) below the four-comparable average of $2,302, a gap driven primarily by the building's smaller suite footprints rather than a rate discount. Soleil 3 at 480 Gordon Krantz Ave leases at $2,246 per month ($3.22 per square foot, 704 sq ft), Soleil 1 at 460 Gordon Krantz Ave commands $2,361 per month ($3.13 per square foot, 769 sq ft), and Soleil 2 at 470 Gordon Krantz Ave reaches $2,500 per month ($3.10 per square foot, 812 sq ft). Hawthorne South Village at 1105 Leger Way, the outlier in both age and scale, leases at $2,099 per month ($3.31 per square foot, 642 sq ft), making it the only comp where the subject's absolute rent is higher despite a lower per-square-foot rate.

Soleil 4 leases at an average $3.30 per square foot on 669 square feet of interior space, a rate that sits at a $0.08 to $0.20 per square foot premium over the three Gordon Krantz siblings yet a marginal $0.01 per square foot discount below Hawthorne South Village's $3.31 per square foot. Tenants choosing Soleil 4 over Soleil 3 (704 sq ft at $3.22/sq ft) or Soleil 1 (769 sq ft at $3.13/sq ft) are accepting 35 to 100 fewer interior square feet in exchange for a denser amenity package, while those comparing against Soleil 2 (812 sq ft at $3.10/sq ft) surrender 143 square feet of living area. Against Hawthorne South Village's 642-square-foot suites at $3.31 per square foot, the subject actually delivers 27 more square feet at a fractionally lower rate, making it the only comp where the value equation favours the tenant on both size and per-square-foot cost simultaneously.

Soleil 4's amenity suite at 490 Gordon Krantz Ave is the most feature-dense in the Gordon Krantz cluster, packing a Games & Billiards Room, a dedicated Business Centre, a Meeting Room, a Garden & Courtyard, and 24-hour Concierge & Security into a 122-suite footprint. The Games & Billiards Room is absent from all four comparables—Soleil 3, Soleil 1, Soleil 2, and Hawthorne South Village alike—giving the subject a unique social-recreation edge. The Business Centre is missing from both Soleil 2 and Hawthorne South Village, while the Meeting Room does not appear at Soleil 1 or Soleil 2, and the Garden & Courtyard is not offered at Soleil 3. Concierge & Security, standard across the three Gordon Krantz siblings, is entirely absent at Hawthorne South Village, underscoring a generational service gap. For young professionals and small households in Milton who want a full-service, amenity-rich lifestyle without stepping into a larger (and pricier) suite, Soleil 4's compact-yet-fully-loaded package is the strongest fit in this submarket.