Residences of Casa Del Sol (B) — Rental Market Data

Residences of Casa Del Sol (B) records an average lease rent of $3,100 per month, trading higher in absolute terms than the overall comp average of $2,369 per month due to its larger floor plans, while delivering a lower rate per square foot than its immediate benchmark set. Nearby competitors include Residences of Casa Del Sol (A) at 7363 Kennedy Rd, which averages $2,317 per month at $2.98 per square foot across 800 square feet; Milliken Centre at 4600 Steeles Ave E, reporting $2,400 per month at $3.24 per square foot across 750 square feet; Greenlife Midtown Markham at 7768 Kennedy Rd, averaging $2,418 per month at $3.15 per square foot across 813 square feet; and The Signature Collection - Building K at 180 Enterprise Blvd, which posts an average of $2,339 per month at $3.69 per square foot across 638 square feet.

Residences of Casa Del Sol (B) establishes its value proposition by offering a lower rate of $2.38 per square foot across an average of 1,300 square feet, trading at a distinct discount per square foot compared to nearby alternatives and the submarket average of $3.57 per square foot. Renters at the subject building trade newer construction dates for substantial interior space, securing significantly larger square footages than compact competitors like The Signature Collection - Building K at 638 square feet ($3.69 per square foot) and Greenlife Midtown Markham at 813 square feet ($3.15 per square foot). This structural dynamic allows tenants to access considerably more expansive floor plates without incurring the higher density premiums seen in newer surrounding completions.

Residences of Casa Del Sol (B) delivers a robust, resort-style amenity package that aligns closely with established properties along the Kennedy Road corridor while surpassing the offerings of select high-density towers. The building features a concierge and security service, a gym and fitness centre, an indoor pool, a party and lounge room, a sauna and steam room, a media and theatre room, a meeting room, a games and billiards room, and a garden and courtyard. When compared to nearby peers, the building matches the comprehensive recreational programs found at Residences of Casa Del Sol (A) and Greenlife Midtown Markham, both of which also feature indoor pools, fitness facilities, and concierges, while easily outpacing the more limited offerings at Milliken Centre, which lacks a pool or sauna. Furthermore, compared to newer urban builds like The Signature Collection - Building K—which emphasizes rooftop terraces and hot tubs over indoor wellness facilities—Residences of Casa Del Sol (B) caters exceptionally well to families and long-term renters seeking comprehensive indoor recreational amenities and generous square footage.