Miracle in Mississauga — Rental Market Data

Miracle in Mississauga has two active listings as of August 31, 2026, with asking rents ranging from $2,250 to $2,500 per month, an average of $2,375, and a median of $2,375. Both units average 660 square feet at $3.60 per square foot, and the entire active inventory consists of one-bedroom layouts at 100 percent share. The current offering leans toward compact entry-level suites rather than multi-bedroom executive configurations, with no larger bedroom tiers available in this limited sample.

The sole active layout at Miracle in Mississauga is the one-bedroom, with two listings representing 100 percent of available inventory. Both units average $2,375 per month across 660 square feet, yielding a blended asking rate of $3.60 per square foot. No two-bedroom, three-bedroom, or studio units are currently listed, making this a single-tier offering for prospective renters.

Miracle in Mississauga shows a minimum entry rent of $2,250 per month and a peak asking rent of $2,500 per month, producing a dollar spread of $250 and a percentage spread of 11.1 percent. The median asking rent sits at $2,375 per month, anchoring the midpoint of this narrow two-unit range. The entry-level suite is a one-bedroom at 650 square feet and $3.46 per square foot, while the peak unit is also a one-bedroom at 670 square feet and $3.73 per square foot.

Den premium and marginal cost per square foot for additional den space cannot be quantified at Miracle in Mississauga due to insufficient paired data across active listings. Active parking stall premiums also cannot be reliably isolated, as the available sample contains anomalous outliers that prevent a defensible per-month figure from being established. Renters should request current parking and den add-on pricing directly from the leasing office.

Miracle in Mississauga asks an average of $2,375 per month at $3.60 per square foot, compared to the Mississauga West submarket asking benchmark of $2,685 per month at $3.63 per square foot. The building's 0.8 percent per-square-foot discount to the submarket asking rate is consistent with its 660-square-foot average suite being 80 square feet smaller than the submarket implied average of 740 square feet, which explains the lower nominal rent. The two active listings represent 2 out of 47 available units in the Mississauga West submarket, or roughly 4.3 percent of total active inventory.

Miracle in Mississauga's average realized lease rent of $2,508 per month sits $210 below the four-comp benchmark of $2,718, with the primary gap driven by the two Downtown Erin Mills towers. Papillon Place III at 4850 Glen Erin Dr (0.07 km, 8 closed leases) averaged $2,500 per month at $3.43 per square foot across 731 square feet, placing the subject $8 higher on a nominal basis. Downtown Erin Mills at 4633 Glen Erin Dr (0.13 km, 15 closed leases) realized $2,732 per month at $3.42 per square foot over 800 square feet, meaning the subject trades at a $224-per-month lower rent. Papillon Place II at 4889 Kimbermount Ave (0.14 km, 3 closed leases) closed at $2,633 per month, $3.13 per square foot, and 850 square feet, leaving the subject $125 lower monthly. Downtown Erin Mills – Tower 2 at 4655 Glen Erin Dr (0.18 km, 12 closed leases) posted the highest comp rent at $3,008 per month, $3.44 per square foot, and 875 square feet, a $500-per-month premium over the subject. All four competitors recorded active lease transactions, so each provides a realized pricing benchmark rather than a listing-only reference.

Miracle in Mississauga leases at $3.25 per square foot across an average 774-square-foot suite, positioning it at a discount to three of four nearby active competitors while carrying a modest premium over the 2004-era Papillon Place II. Against Papillon Place III (731 sq ft), the subject trades at a $0.18-per-square-foot (5.2 percent) discount yet provides 43 more interior square feet, so the $8-per-month higher nominal rent reflects the larger footprint rather than a per-unit valuation premium. Downtown Erin Mills (800 sq ft) commands $3.42 per square foot; the subject offers a $0.17-per-square-foot (5.0 percent) discount and 26 fewer square feet, making its $224 lower monthly rent a function of the smaller interior rather than weaker asset pricing. Papillon Place II (850 sq ft) is the one comp where the subject commands a $0.12-per-square-foot (3.8 percent) premium, yet the subject still rents $125 less per month because it provides 76 fewer square feet—the nominal gap is entirely footprint-driven. Downtown Erin Mills – Tower 2 (875 sq ft) sets the highest rate at $3.44 per square foot; the subject trades at a $0.19-per-square-foot (5.5 percent) discount and 101 fewer square feet, accounting for its $500 lower monthly rent. In every case the rent differential tracks the square-footage delta, confirming that the subject's value proposition rests on a mid-size, mid-rate package rather than a per-unit premium or discount.

Miracle in Mississauga offers a 12-item lifestyle package that overlaps heavily with its Glen Erin Drive and Kimbermount Avenue peers while distinguishing itself through two signature features absent from the newer Downtown Erin Mills towers. The subject's Media & Theatre Room and Golf Simulator do not appear in either Downtown Erin Mills (4633 Glen Erin Dr) or Downtown Erin Mills – Tower 2 (4655 Glen Erin Dr), giving residents on-site entertainment and recreation options those buildings must source externally. Conversely, Papillon Place III and Papillon Place II each add a Hot Tub & Jacuzzi and a Dining Room & Kitchen that the subject does not provide, and the Downtown Erin Mills pair include a Garden & Courtyard and (in Tower 2) a Library & Reading Room that the subject lacks. The subject's shared core—Indoor Pool, Sauna & Steam Room, Gym & Fitness Centre, Yoga Studio, Rooftop Terrace, BBQ Area, Concierge & Security, Meeting Room, Party & Lounge Room, and Games & Billiards Room—mirrors the broader pocket standard. This amenity mix, anchored by the pool-and-sauna wellness cluster and the entertainment pair of media room and golf simulator, best serves professionals and young families in their late twenties to mid-thirties who want resort-style recreation and a social hub without the dining-room or courtyard programming that skews toward multi-generational or family-heavy buildings.