MODO 55 — Rental Market Data

MODO 55 features 1 active listing as of August 31, 2026, with an asking price of $2,100 per month, an average asking rent of $2,100 per month, and a median asking rent of $2,100 per month. The sole available suite spans an average of 750 square feet at an asking rate of $2.80 per square foot. This active inventory consists exclusively of a 1-Bedroom + Den layout, representing a 100 percent share of current availability.

The dominant active layout at MODO 55 is the 1-Bedroom + Den, accounting for 1 active listing and a 100 percent share of current inventory. This single available suite offers an asking rent of $2,100 per month across an average size of 750 square feet at a rate of $2.80 per square foot. There are zero units currently available in any other bedroom tier.

MODO 55 registers a minimum entry rent of $2,100 per month and a peak asking rent of $2,100 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. Median asking rent matches this figure at $2,100 per month. The entry-level suite is a 1-Bedroom + Den spanning 750 square feet priced at $2.80 per square foot, which is identical to the peak suite given the single active listing currently on the market.

MODO 55 has an active den premium dollar amount and square footage delta that are currently unquantified due to single-listing constraints. Active parking premium data cannot be reliably isolated from current listings due to an insufficient paired sample. Prospective tenants should verify parking stall availability directly with leasing management.

MODO 55 asking rent of $2,100 per month sits below the Clarington submarket asking benchmark of $2,527 per month, while the building asking rate of $2.80 per square foot aligns closely with the submarket average asking rate of $2.83 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. Active inventory represents a psf variance of -1.1 percent compared to submarket asking benchmarks.

MODO 55 achieves an average lease rent of $2,195 per month, sitting moderately above the overall comp average of $2,082 per month while aligning closely with established regional benchmarks. The building's leasing performance is benchmarked against four nearby competitors: The Condominiums at Clarington Centre (61 Clarington Blvd, averaging $2,100 per month at $2.80 per square foot across 750 square feet), MODO Condos (51 Clarington Boulevard, averaging $2,179 per month at $2.94 per square foot across 754 square feet), The Waverley (84 Aspen Springs Dr, averaging $2,000 per month at $2.93 per square foot across 683 square feet), and Aspen Heights II - Building A (90 Aspen Springs Dr, averaging $2,050 per month at $2.83 per square foot across 725 square feet).

MODO 55 establishes its value proposition by offering an average leased rate of $2.67 per square foot across an expansive average interior footprint of 835 square feet, undercutting the wider submarket lease rate of $2.87 per square foot. Renters at MODO 55 benefit from favorable space economics, securing significantly more square footage than surrounding options—such as The Waverley's 683 square feet at $2.93 per square foot and MODO Condos' 754 square feet at $2.94 per square foot—without paying a premium on a per-square-foot basis. This dynamic allows tenants to capture modern layout efficiencies and lower relative utility burdens per square foot compared to older, smaller, or higher-rate competing alternatives in the Clarington submarket.

MODO 55 delivers an extensive lifestyle and amenity package that successfully rivals or exceeds the offerings found throughout the immediate Clarington corridor. Residents enjoy a comprehensive suite of features including a Gym & Fitness Centre, a dedicated Yoga Studio, a Party & Lounge Room, a collaborative Meeting Room, and a Rooftop Terrace. When contrasted with nearby peers, MODO 55 matches or surpasses the amenity programs of properties like The Waverley (which features a gym, yoga studio, and garden but lacks a rooftop terrace) and Aspen Heights II - Building A (which offers a basic fitness and party room setup without contemporary wellness spaces). This robust amenity collection makes MODO 55 particularly attractive to young professionals and remote workers seeking active, on-site wellness and social infrastructure.