The Fountains - 1 — Rental Market Data

The Fountains - 1 holds two active listings as of August 31, 2026, spanning a price range of $2,250 to $3,000 per month with an average and median asking rent of $2,625. Available suites average 650 square feet at $4.05 per square foot, and the inventory is split evenly between one one-bedroom and one two-bedroom unit. With only two units on the market, the active mix offers one compact entry-level option and one larger multi-bedroom layout, providing no tier with multiple comparable choices.

The dominant active layout at The Fountains - 1 is the one-bedroom, holding one of two listings for a 50 percent inventory share. The one-bedroom averages $2,250 per month across 550 square feet at $4.09 per square foot, while the two-bedroom averages $3,000 per month across 750 square feet at $4.00 per square foot. Both tiers represent single listings, so renters cannot compare multiple units within the same bedroom category.

The Fountains - 1 shows a $750 spread between its minimum entry rent of $2,250 and peak asking rent of $3,000 per month, a 33.3 percent range. The median asking rent sits at $2,625 per month. The entry-level one-bedroom spans 550 square feet at $4.09 per square foot, while the peak two-bedroom covers 750 square feet at $4.00 per square foot, meaning the higher-priced suite actually delivers a slightly lower unit rate due to its larger footprint.

The Fountains - 1 does not have a quantified den premium or square-footage delta in its current active listings, as both available units are standard one- and two-bedroom configurations without den add-ons. Parking stall costs cannot be reliably isolated from the current two-listing sample, and historical lease data also lacks sufficient paired observations to establish a verified monthly parking benchmark. Renters should request individual parking quotes directly from the leasing office.

The Fountains - 1 asks an average of $2,625 per month at $4.05 per square foot, compared to the Thornhill submarket asking benchmark of $2,726 per month at $3.66 per square foot. The building's nominal rent is $101 below the submarket average, yet its per-square-foot rate runs 10.7 percent higher, a gap explained by the building's smaller average suite size of 650 square feet versus the submarket norm. The Fountains - 1 accounts for two of the 63 active listings in the Thornhill submarket, representing roughly 3.2 percent of total available inventory.

The Fountains – 1's all-time average closed-lease rent of $2,625 per month runs $161 (about 6.5%) above the four-comparable average of $2,464, positioning it as the value anchor among the 2014-era Fountains buildings while commanding a clear premium over the 2006 Thornhill City Centre towers. Thornhill City Centre II at 50 Disera Dr closed leases averaging $2,328 per month at $3.48 per square foot across 679 square feet, a $297 gap below the subject. Thornhill City Centre I at 60 Disera Dr averaged $2,275 per month at $3.26 per square foot over 700 square feet, a $350 spread. The Fountains – 2H at 85 North Park Rd posted $2,578 per month at $3.67 per square foot across 713 square feet, just $47 above the subject. The Fountains – 2K at 95 North Park Rd recorded $2,675 per month at $3.90 per square foot over 690 square feet, a $50 premium over the subject's realized average.

The Fountains – 1 leases at an all-time average of $3.93 per square foot across 691 square feet, a premium of roughly $0.26 to $0.67 per square foot over every nearby comparable and about 11.7% above the Thornhill submarket leased benchmark of $3.58 per square foot. Against Thornhill City Centre II (679 sq ft at $3.48/sf), the subject offers 12 additional square feet while charging $0.45 more per square foot—a 12.9% premium that reflects its 2014 build versus the comp's 2006 completion. Versus Thornhill City Centre I (700 sq ft at $3.26/sf), the subject actually provides 9 fewer square feet yet commands a $0.67 per square foot (20.6%) premium, meaning renters trade roughly 1% less interior space for a materially higher rate. Compared with The Fountains – 2H (713 sq ft at $3.67/sf), the subject gives up 22 square feet while pricing $0.26 per square foot (7.1%) higher, a trade-off that favours tenants prioritizing the subject's Media & Theatre Room and Meeting Room over 2H's Yoga Studio and Hot Tub. Against The Fountains – 2K (690 sq ft at $3.90/sf), the subject adds just 1 square foot at a $0.03 per square foot (0.8%) premium, making the two effectively rate-parity neighbours differentiated mainly by 2K's BBQ Area and Rooftop Terrace.

The Fountains – 1 packages eight core amenities—Concierge & Security, Gym & Fitness Centre, Indoor Pool, Sauna & Steam Room, Games & Billiards Room, Party & Lounge Room, Meeting Room, and Media & Theatre Room—into a streamlined daily-use suite that contrasts with the broader but older decks at its 2006-era neighbours. The Media & Theatre Room is absent from both Thornhill City Centre II at 50 Disera Dr and Thornhill City Centre I at 60 Disera Dr, giving the subject a dedicated screening space neither tower offers. The Meeting Room, likewise missing at Thornhill City Centre I, supports remote-work tenants without the co-working add-ons found elsewhere. The Indoor Pool paired with the Sauna & Steam Room forms a self-contained wellness circuit that matches the pool-and-sauna baseline at Thornhill City Centre I while omitting that building's Hot Tub & Jacuzzi in favour of a cleaner, lower-maintenance wet-area layout. The Games & Billiards Room combined with the Media & Theatre Room creates a social-entertainment pairing not replicated at either Thornhill City Centre property, where the emphasis falls on racquetball courts and rooftop terraces instead. For tenants who value a focused, move-in-ready social and wellness environment over resort-scale outdoor courts and solariums, The Fountains – 1 best serves young professionals and small families in the Thornhill submarket who want concierge-level convenience, a private screening room, and a functional meeting space within a 2014-built, mid-rise footprint.