Mobilio - South Tower — Rental Market Data

Mobilio - South Tower features 5 active residential listings as of August 31, 2026, with asking rents ranging from $2,195 to $2,390 per month, an average monthly rent of $2,267, and a median monthly rent of $2,250 per month. Active listings maintain an average floor area of 487 square feet and an average asking rate of $4.76 per square foot. The inventory leans toward compact entry-level layouts, dominated by 1-bedroom floor plans.

The 1-bedroom layout represents the dominant active inventory at Mobilio - South Tower, accounting for 3 active listings and a 60% share of current availability. The 1-bedroom tier averages $2,232 per month with a median of $2,250 per month across an average footprint of 494 square feet at $4.61 per square foot. Meanwhile, the 1-bedroom plus den tier provides 2 active listings representing a 40% share of availability, averaging $2,320 per month across 475 square feet at $4.99 per square foot.

Mobilio - South Tower posts an active pricing spread spanning a minimum entry rent of $2,195 per month to a peak asking rent of $2,390 per month, creating a dollar spread of $195 and a percentage spread of 8.9%. The median asking rent sits at $2,250 per month. Entry-level availability consists of a 1-bedroom suite spanning 533 square feet at an asking rate of $4.12 per square foot, while peak pricing is led by a 1-bedroom plus den layout spanning 550 square feet at an asking rate of $4.35 per square foot.

Mobilio - South Tower reports an active den premium of $88 per month alongside a square footage delta of -19 square feet for den-equipped units. Active parking premium data is inconclusive due to an insufficient paired sample size, meaning parking fees cannot be reliably isolated from current listings.

Mobilio - South Tower asks an average of $2,267 per month at $4.76 per square foot, comparing to broader Vaughan Metropolitan Centre submarket averages of $2,315 per month and $3.73 per square foot. The higher rate per square foot is driven by compact suite footprints rather than elevated unit pricing, with the building commanding a 27.6% premium in rate per square foot over submarket asking benchmarks while maintaining a 4.3% share of active submarket inventory.

Mobilio - South Tower achieves an average lease rent of $2,128 per month, sitting slightly above the overall competitive average of $2,084 per month across regional benchmarks including Mobilio - East Tower, Mobilio - West Tower, Grand Festival - Landmark Tower, and Festival - Landmark Tower. Mobilio - East Tower (38 Honeycrisp Cres) records an average lease rent of $2,178 per month at $4.10 per square foot across 540 square feet. Mobilio - West Tower (10 Honeycrisp Cres) leases at an average of $2,131 per month at $3.90 per square foot across 552 square feet. Grand Festival - Landmark Tower (28 Interchange Way) achieves an average lease rent of $2,050 per month at $3.82 per square foot across 546 square feet. Festival - Landmark Tower (195 Commerce St) averages $1,976 per month at $3.86 per square foot across 520 square feet.

Mobilio - South Tower establishes its value proposition through a leased rate of $4.09 per square foot across an average suite size of 528 square feet, comparing closely against the broader submarket average lease rent of $2,267 per month at $3.71 per square foot. Renters at the subject property weigh trade-offs such as modern layout efficiency, contemporary finishes, and lower utility burdens against older or slightly larger alternative footprints in the micro-market. For instance, tenants comparing the building to Mobilio - West Tower (10 Honeycrisp Cres, 552 square feet at $3.90 per square foot) or Grand Festival - Landmark Tower (28 Interchange Way, 546 square feet at $3.82 per square foot) trade a modest amount of square footage for a more tightly integrated, newer master-planned community setting.

Mobilio - South Tower delivers a robust lifestyle and amenity profile featuring a concierge and security service, a gym and fitness centre, a party and lounge room, a dining room and kitchen, a media and theatre room, a games and billiards room, a meeting room, a business centre, a BBQ area, a rooftop terrace, an indoor kids' play room, and an outdoor children's playground. When contrasted with immediate peers, the building shares core foundational spaces with Mobilio - East Tower (38 Honeycrisp Cres) and Mobilio - West Tower (10 Honeycrisp Cres), which incorporate dedicated yoga studios and fire pits. Meanwhile, newer developments like Grand Festival - Landmark Tower (28 Interchange Way) and Festival - Landmark Tower (195 Commerce St) introduce expanded wellness facilities such as indoor pools, hot tubs, saunas, steam rooms, and dog runs. This amenity mix best serves young professionals and couples seeking a polished, community-centric living environment with dependable on-site fitness and social spaces in the Vaughan Metropolitan Centre.