Origin - Building 1 — Rental Market Data

Origin - Building 1 achieves an average lease rate of $2,350 per month, which compares favorably against the overall competitive average of $2,477 per month across benchmark properties including Origin - Building 2, Origin - Building 3, Origin - Building 4, and Viva 2 - Building 1. Specifically, Origin - Building 2 at 640 Sauve St records an average lease rent of $2,680 per month at $3.91 per square foot across an average of 670 square feet. Origin - Building 3 at 630 Sauve St posts an average lease rent of $2,463 per month at $2.90 per square foot across an average of 850 square feet. Origin - Building 4 at 620 Sauve St leases at an average of $2,463 per month at $2.86 per square foot across 862 square feet. Finally, Viva 2 - Building 1 at 1360 Costigan Rd registers an average lease rent of $2,300 per month at $2.85 per square foot across 843 square feet.

Origin - Building 1 delivers a compelling value proposition with a realized lease rate of $2.85 per square foot across an average size of 825 square feet, aligning closely with submarket expectations while offering superior space efficiency compared to tighter floor plans. Renters at Origin - Building 1 secure larger living footprints without incurring the steep rate premiums seen in denser phases like Origin - Building 2, which commands a higher $3.91 per square foot across smaller 670-square-foot layouts. Compared to Origin - Building 3 at $2.90 per square foot across 850 square feet and Origin - Building 4 at $2.86 per square foot across 862 square feet, the subject building maintains identical or slightly more advantageous cost metrics. This balance allows incoming tenants to secure comfortable, mid-2010s construction layouts without paying the price inflation associated with smaller, high-turnover competitor footprints.

Origin - Building 1 delivers an extensive lifestyle and amenity profile that matches the comprehensive shared facilities of its master-planned surroundings. Signature offerings at Origin - Building 1 include concierge and security, a gym and fitness centre, a party and lounge room, a meeting room, a dining room and kitchen, and a rooftop terrace. When contrasted with nearby peers, Origin - Building 1 matches the core offerings found at Origin - Building 2, Origin - Building 3, and Origin - Building 4—such as concierge services, fitness facilities, and rooftop terraces—while outfitting residents with comparable social spaces that surpass the scaled-down package found at Viva 2 - Building 1 on Costigan Rd. This robust amenity package particularly serves working professionals and couples seeking structured building security, wellness facilities, and outdoor entertaining space within a cohesive community setting.