Mile & Creek - Building 1 — Rental Market Data

Mile & Creek - Building 1 features 4 active listings as of August 31, 2026, with asking rents ranging from $2,100 to $2,150 per month, an average asking rent of $2,113 per month, and a median asking rent of $2,100 per month. Active inventory averages 613 square feet with an asking rate of $3.47 per square foot, entirely concentrated in 1-Bedroom layouts that comprise 100 percent of current active availability. The building's active inventory exclusively leans toward compact entry-level suites with no active multi-bedroom configurations on the market.

The 1-Bedroom layout serves as the dominant active layout at Mile & Creek - Building 1, accounting for all 4 active listings and 100 percent of current inventory share. This single available bedroom tier averages $2,113 per month across an average size of 613 square feet at an asking rate of $3.47 per square foot.

Mile & Creek - Building 1 displays a minimum entry rent of $2,100 per month and a peak asking rent of $2,150 per month, creating a total dollar spread of $50 per month or a 2.4 percent pricing spread. The median asking rent sits at $2,100 per month. The entry-level option consists of a 1-Bedroom suite offering 600 square feet at $3.50 per square foot, while the peak listing comprises a 1-Bedroom layout sized at 550 square feet asking $3.91 per square foot.

Active den premiums at Mile & Creek - Building 1 cannot be evaluated as current inventory lacks den configurations. Active parking premiums cannot be reliably isolated from current listings due to an insufficient paired sample and anomalous outlier data, meaning parking stall costs cannot be quantified at this time.

Mile & Creek - Building 1 asks an average of $2,113 per month at $3.47 per square foot, compared to the Milton submarket asking benchmarks of $2,483 per month and $3.57 per square foot. The lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot trades 2.8 percent below the submarket asking benchmark while representing a 9.1 percent share of active submarket inventory.

Mile & Creek - Building 1 achieves an average lease rent that compares directly against the overall competitive average of $2,226 per month across the local Whitlock Avenue master-planned community. Individual peer performance includes Mile & Creek - Building 2 at 760 Whitlock Ave with an average lease rent of $2,325 per month, $3.33 per square foot, and an average suite size of 730 square feet over 5 recent leases. Mile and Creek at 750 Whitlock Avenue registers an average lease rent of $2,125 per month at $3.27 per square foot across 650 square feet across 2 leases. Mile And Creek Condos at 720 Whitlock Avenue E reports an average lease rent of $2,188 per month at $3.28 per square foot across 676 square feet over 4 leases. Finally, Mile & Creek at 740 Whitlock Avenue posts an average lease rent of $2,266 per month at $3.60 per square foot across a more compact 632 square foot average over 30 leases.

Mile & Creek - Building 1 offers a compelling value proposition by balancing modern floor plan efficiency with competitive pricing relative to the broader Milton submarket benchmark of $2,374 per month at $3.30 per square foot. Renters evaluating this building versus neighboring options trade off minor variations in square footage and layout configurations; for instance, comparing against Mile & Creek at 740 Whitlock Avenue (which averages 632 square feet at $3.60 per square foot), the subject property provides more interior square footage while offering a lower, more competitive rate per square foot. Conversely, when measured against larger floor plans like Mile & Creek - Building 2 at 730 square feet and $3.33 per square foot, tenants secure more expansive footprints at comparable baseline economics, minimizing utility burdens and avoiding the overpricing often seen in smaller, highly constrained competitive rentals.

Mile & Creek - Building 1 delivers an extensive, resort-style amenity package that matches or exceeds the offerings found across the surrounding Whitlock Avenue master-planned community. Residents enjoy signature features including a 24/7 Concierge & Security service, a fully equipped Gym & Fitness Centre, a dedicated Yoga Studio, an on-site Pet Wash Station, and an expansive Rooftop Terrace with a BBQ Area. When contrasted with competing properties such as Mile And Creek Condos at 720 Whitlock Avenue E or Mile & Creek at 740 Whitlock Avenue—which feature standard media rooms, business centres, and party lounges—the subject building holds parity while providing specialized touches like automated parcel storage and private dining rooms with kitchens. This robust amenity ecosystem specifically serves young professionals and pet owners seeking turn-key, modern condominium living with high-end shared wellness and social spaces.