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Market Data as of August 31, 2026

Mississauga Square — Rental Market Data

8 Nahani Way, Mississauga, Ontario L4Z 0C6
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
2-Bedroom
3
$2,567
1-Bedroom
1
$2,150
2-Bedroom + Den
1
$2,500

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2021
Total Suites404
DeveloperPlaza

Mississauga Square stands at 8 Nahani Way within the Mississauga North submarket, featuring 404 residential suites across a development completed in 2021 by Plaza. Operating with an availability rate of 1.2 percent from 5 active listings, the building recorded 25 closed leases over the past 90 days with an average of 25 days on market, alongside 10 closed leases over the past 30 days with an average of 22 days on market. Leasing momentum remains steady, supported by consistent absorption rates across the spring and summer leasing windows.

Active asking rents average $2,470 per month at $3.61 per square foot across an average footprint of 690 square feet, which compares to realized 90-day leases averaging $2,439 per month at $3.86 per square foot. Current active inventory features larger average suite sizes than historical lease averages. The active asking rate of $3.61 per square foot stands above the Mississauga North submarket asking benchmark of $3.42 per square foot by 5.6 percent.

Marketing friction is evident among unrented units, which spent an average of 40 days on the market before being delisted at an average asking price of $2,625 per month, indicating that these properties were overpriced relative to realized leases. Tenant leverage in the building is favorable, with tenants securing an average discount of 0.86 percent below asking price. Prospective tenants will find deep selection within the 2-bedroom tier, which commands a 60 percent share of active inventory, while 1-bedroom and 2-bedroom plus den layouts maintain scarce availability.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Mississauga Square as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units5
-4 (44.4%)
Avg Asking Rent$2,470
-$19 (0.8%)
Avg Suite Size690 sf
-20 sf (2.8%)
Avg Days on Market25d
+7d (40.4%)
Avg Asking $/SF$3.61
+$0.07 (1.9%)

Active Market Insights & Questions

How has rental availability changed at Mississauga Square recently?

Mississauga Square carries 5 active listings as of August 31, 2026, with asking rents ranging from $2,150 to $2,600 per month, an average rent of $2,470 per month, and a median rent of $2,550 per month. Active units average 690 square feet at an asking rate of $3.61 per square foot. Two-bedroom configurations dominate active inventory with a 60 percent share, skewing current availability toward multi-bedroom layouts rather than compact entry-level suites.

What floor plans and unit layouts are currently available at Mississauga Square?

The dominant active layout at Mississauga Square is the 2-bedroom tier, accounting for 3 listings and a 60 percent inventory share with an average asking rent of $2,567 per month, a median rent of $2,550 per month, an average size of 717 square feet, and an average rate of $3.60 per square foot. The 1-bedroom tier provides 1 listing representing a 20 percent share, averaging $2,150 per month across 550 square feet at $3.91 per square foot. The 2-bedroom plus den tier rounds out the inventory with 1 listing taking up a 20 percent share, asking $2,500 per month across 750 square feet at $3.33 per square foot.

What is the average asking rent and $/SF by suite size at Mississauga Square?

Mississauga Square features a minimum entry rent of $2,150 per month and a peak asking rent of $2,600 per month, creating a dollar spread of $450 and a percentage spread of 20.9 percent. The median asking rent sits at $2,550 per month. The entry-level suite is a 1-bedroom unit spanning 550 square feet with an asking rate of $3.91 per square foot. At the upper end, the peak suite is a 2-bedroom layout spanning 650 square feet with an asking rate of $4.00 per square foot.

How much extra do parking spaces and dens cost at Mississauga Square?

Active den premiums at Mississauga Square cannot be isolated due to a lack of paired square footage data and premium figures. Active parking premium data is currently unreliable or based on an insufficient sample, meaning parking stall costs cannot be reliably isolated from current listings.

How do asking rents at Mississauga Square compare to local and municipal benchmarks?

Mississauga Square asks an average rent of $2,470 per month at $3.61 per square foot, compared to the Mississauga North submarket asking benchmark of $2,600 per month at $3.42 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, placing the building's asking rate 5.6 percent above the submarket asking benchmark per square foot while representing 12.2 percent of active submarket inventory.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Mississauga Square (Data period: For the month of August 2026).

Units Leased10
Avg Leased Price$2,400
Avg Leased Size654 sf
Avg Days to Lease22d
Leased $/SF$3.60

Leased Transaction Insights & Questions

How many suites were leased at Mississauga Square last month, and how fast did they rent?

At Mississauga Square, leasing velocity across the 30-day window reached an average of 22 days on market, compared to 25 days across the 90-day window and a submarket benchmark of 21 days. Closed lease counts tracked 10 deals over the past 30 days, 25 deals over the past 90 days, and 30 total leases over the past year. This progression demonstrates that leasing turnover accelerated significantly through the summer months as rental demand peaked.

What is the negotiation spread between asking rents and closed lease prices at Mississauga Square?

At Mississauga Square, tenants secured an average discount of $24 per month, representing a 0.86% reduction below asking price and annual tenant savings of $288 per year. Transaction distribution data shows that 33.3% of leases closed below asking price, while remaining units settled at full asking price, confirming that market leverage leaned moderately in favor of tenants.

What are typical executed lease prices across different layouts at Mississauga Square?

The two highest-volume anchor layouts at Mississauga Square are 2-Bedroom suites averaging $2,511 per month with an average DOM of 32 days, and 1-Bedroom + Den suites averaging $2,257 per month with an average DOM of 14 days. Representing a small sample size of 4 closed leases, 1-Bedroom suites averaged $2,063 per month with a median of $2,050 per month, a P25-P75 range of $2,050 to $2,062 per month, an average size of 498 square feet, $4.21 per square foot, and 26 days on market. Representing a small sample size of 2 closed leases, 2-Bedroom + Den suites averaged $2,725 per month with a median of $2,725 per month, a P25-P75 range of $2,688 to $2,762 per month, an average size of 750 square feet, $3.63 per square foot, and 34 days on market. Representing an individual single transaction rather than a broad statistical benchmark, the sole 3-Bedroom+ lease closed at $3,150 per month with a median of $3,150 per month, a P25-P75 range of $3,150 to $3,150 per month, an average size of 400 square feet, $7.88 per square foot, and 14 days on market.

What measurable rent premium did suites with parking achieve in closed leases at Mississauga Square?

At Mississauga Square, paired parking data was insufficient to isolate a specific monthly parking premium. Parking stalls were typically bundled directly into standard lease agreements without separate line-item values, and active asking records contained insufficient paired samples to establish reliable standalone premiums.

How does the lease-to-listing ratio at Mississauga Square reflect current tenant demand?

At Mississauga Square, average monthly rents moved from $2,050 per month in April to a peak of $2,550 per month in July before moderating to $2,400 per month in August. In April 2026, 1 deal closed at an average rent of $2,050 per month, $3.73 per square foot, and 1 day on market. In May 2026, 4 deals closed at an average rent of $2,450 per month, $3.51 per square foot, and 42 days on market. In June 2026, 9 deals closed at an average rent of $2,408 per month, $3.81 per square foot, and 28 days on market. In July 2026, 6 deals closed at an average rent of $2,550 per month, $4.37 per square foot, and 26 days on market. In August 2026, 10 deals closed at an average rent of $2,400 per month, $3.60 per square foot, and 22 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Mississauga Square (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$2,625
Avg Suite Size750 sf
Avg Days on Market40d
Delisted $/SF$3.50

De-Listed Market Analysis & Questions

How many listings de-listed at Mississauga Square, and what was their re-listing price compared to previous asking?

At Mississauga Square, a total of 2 units were delisted, representing a delisted-to-leased ratio of 20.0% relative to the 30 closed leases. This delisted pool was composed of 1 terminated listing and 1 expired listing, with zero suspended listings. This translates to a healthy market ratio where approximately 1 listing was pulled for every 5 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Mississauga Square?

At Mississauga Square, unrented units asked an average of $2,625 per month, which was $225 per month above realized lease averages of $2,400 per month, reflecting an asking rate of $3.50 per square foot. Unrented units were definitively overpriced relative to realized leases, signaling pushback on price from prospective tenants who rejected inflated expectations.

What market friction causes rental listings to stall or de-list at Mississauga Square?

At Mississauga Square, delisted units averaged 40 days on market compared to 27 days for realized leases. This 18-day marketing excess translated directly into economic carrying costs equivalent to over half a month of lost rental income plus ongoing monthly condo maintenance fees.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27824686563.8423
2026-04-281024496653.7619
2026-04-29924496673.7519
2026-04-30924496673.7520
2026-05-011025596404.2418
2026-05-021025596404.2419
2026-05-031025596404.2420
2026-05-041125316414.1719
2026-05-051025346404.2016
2026-05-061025346404.2017
2026-05-071125496504.1516
2026-05-081025396404.2113
2026-05-091025396404.2114
2026-05-101025396404.2115
2026-05-111025396404.2116
2026-05-121025396404.2117
2026-05-131025396404.2118
2026-05-141025396404.2119
2026-05-151025396404.2120
2026-05-161025396404.2121
2026-05-171025396404.2122
2026-05-181025396404.2123
2026-05-191025396404.2124
2026-05-201025396404.2125
2026-05-211025396404.2126
2026-05-221025396404.2127
2026-05-231025396404.2128
2026-05-241025396404.2129
2026-05-25925666394.2830
2026-05-26925666394.2831
2026-05-27925666394.2829
2026-05-28925666394.2830
2026-05-29825616254.3929
2026-05-30825616254.3930
2026-05-31825616254.3931
2026-06-01825616254.3932
2026-06-021025146204.2926
2026-06-031025146204.2927
2026-06-041025146204.2928
2026-06-051125136324.2027
2026-06-061024956304.2026
2026-06-071024956304.2027
2026-06-081024956304.2028
2026-06-09825256134.4124
2026-06-10825256134.4125
2026-06-11825566384.3225
2026-06-12925556504.2223
2026-06-13925556504.2224
2026-06-14826196814.1021
2026-06-15726286864.1319
2026-06-16726286864.1320
2026-06-17826066814.0818
2026-06-18925896784.0517
2026-06-19826066694.1518
2026-06-201025956754.0415
2026-06-211025956754.0416
2026-06-221025956754.0417
2026-06-231025956754.0418
2026-06-241126096824.0117
2026-06-251125547123.5913
2026-06-261026556944.0214
2026-06-271026556944.0215
2026-06-281026556944.0216
2026-06-29926836874.1117
2026-06-30826686794.1619
2026-07-01826686794.1620
2026-07-02826686794.1621
2026-07-03826686794.1622
2026-07-04826686794.1623
2026-07-05826686794.1624
2026-07-06826686794.1625
2026-07-07826686794.1626
2026-07-08826436794.1319
2026-07-09926006654.1218
2026-07-10725297053.6117
2026-07-11725297053.6118
2026-07-12725297053.6119
2026-07-13625336983.6617
2026-07-14625336983.6618
2026-07-15625336983.6619
2026-07-16625336983.6620
2026-07-17624926983.5916
2026-07-18624926983.5917
2026-07-19724076703.6312
2026-07-20624336903.5614
2026-07-21624336903.5615
2026-07-22624336903.5616
2026-07-23624336903.5617
2026-07-24724577133.4915
2026-07-25724577133.4916
2026-07-26824757053.5515
2026-07-27824757053.5516
2026-07-28824757053.5517
2026-07-29824757053.5518
2026-07-30824757053.5519
2026-07-31924897103.5418
2026-08-01924897103.5419
2026-08-02924897103.5420
2026-08-031224506953.5616
2026-08-041224506953.5617
2026-08-051224506953.5618
2026-08-061224506953.5619
2026-08-071224506953.5620
2026-08-081224506953.5621
2026-08-091124736993.5721
2026-08-101024656943.5919
2026-08-111024656943.5920
2026-08-12924506883.6022
2026-08-131024606943.5820
2026-08-141024606943.5821
2026-08-151024606943.5822
2026-08-16925067173.5223
2026-08-17825447253.5325
2026-08-18726077503.4928
2026-08-19726077503.4929
2026-08-20725647503.4326
2026-08-21725647503.4327
2026-08-22725647503.4328
2026-08-23625427503.4031
2026-08-24525907703.3737
2026-08-25625177173.5327
2026-08-26625177173.5328
2026-08-27625177173.5329
2026-08-28625177003.6229
2026-08-29625177003.6230
2026-08-30625177003.6231
2026-08-31524706903.6125

12-Month Market Dynamics & Trend Trajectory

Mississauga Square has established a dependable leasing history with 30 total recorded lease transactions averaging $2,427 per month at $3.81 per square foot across an average suite size of 654 square feet. Tenant turnover averaged 27 days on market over the building lifetime, demonstrating steady absorption within the Mississauga North submarket. Transaction distribution reflects balanced pricing discipline, with 33.3% of leases securing concessions below asking price while remaining units closed at full value. Tenants capitalized on modest pricing leverage, extracting an average discount of $24 per month or 0.86% off asking, resulting in total annual tenant savings of $288 per year.

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Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-26123006503.543
2026-05-03225007003.5761
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24125007503.3344
2026-05-31125506503.9243
2026-06-07222006003.6923
2026-06-14323426004.0942
2026-06-21124006503.699
2026-06-28226507503.5314
2026-07-05228255255.8626
2026-07-12224507003.5134
2026-07-19223756433.7518
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-09224757003.5418
2026-08-16422385863.8421
2026-08-23325007503.3513
2026-08-30126007503.4768

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Mississauga Square at 8 Nahani Way competes directly with four nearby residential alternatives within 0.26 kilometers, balancing newer developments with established completions from 2021. The immediate competitive set includes Canopy Towers at 5081-5105 Hurontario Street (0.1 kilometers away, completed in 2025, with 43 active listings), Gemma Condos at 15 Watergarden Drive (0.17 kilometers away, completed in 2025, with 9 active listings), Perla at Uptown - East Tower at 35 Watergarden Dr (0.26 kilometers away, completed in 2021, with 13 active listings), and Perla at Uptown - West Tower at 65 Watergarden Dr (0.26 kilometers away, completed in 2021, with 7 active listings). This localized market features a mix of brand-new 2025 inventory alongside contemporary mid-rise towers built in 2021, establishing a uniform architectural standard across the immediate neighborhood. Within this micro-market, the overall comparable benchmark registers an average lease rent of $2,574 per month, an average rate of $3.55 per square foot, and an average suite size of 759 square feet. Mississauga Square aligns well with this scale, maintaining competitive per-square-foot metrics while benefiting from the same infrastructure as its peer group. Renter demand in the area heavily favors efficient footprints, positioning the subject building's layout configurations effectively against both newer 2025 builds and older surrounding stock.

5081-5105 Hurontario Street, Mississauga

Avg Asking$2,468/mo
Avg $/SF$3.89
Rent Spread:
-$2/mo (-0.1%) Lower

15 Watergarden Drive, Mississauga

Avg Asking$2,581/mo
Avg $/SF$3.72
Rent Spread:
+$111/mo (+4.5%) Higher

65 Watergarden Dr, Mississauga

Avg Asking$2,418/mo
Avg $/SF$3.02
Rent Spread:
-$52/mo (-2.1%) Lower

35 Watergarden Dr, Mississauga

Avg Asking$2,670/mo
Avg $/SF$3.56
Rent Spread:
+$200/mo (+8.1%) Higher

55 Strathaven Dr, Mississauga

Avg Asking$2,454/mo
Avg $/SF$3.31
Rent Spread:
-$16/mo (-0.7%) Lower

5033 Four Springs Ave, Mississauga

Avg Asking$2,592/mo
Avg $/SF$3.35
Rent Spread:
+$122/mo (+4.9%) Higher

Comparable Analysis & Questions

How do rental rates at Mississauga Square compare to neighbouring buildings within Mississauga North?

Mississauga Square's average lease rent trades moderately against the overall comparable benchmark average of $2,574 per month across nearby key competitors including Canopy Towers, Gemma Condos, and the Perla at Uptown towers. Specifically, Canopy Towers (5081-5105 Hurontario Street) reports an average lease rent of $2,473 per month at $3.92 per square foot across an average of 667 square feet. Gemma Condos (15 Watergarden Drive) commands an average lease rent of $2,611 per month at $3.64 per square foot across 741 square feet. Perla at Uptown - East Tower (35 Watergarden Dr) logs an average lease rent of $2,661 per month at $3.40 per square foot across 805 square feet. Finally, Perla at Uptown - West Tower (65 Watergarden Dr) records an average lease rent of $2,550 per month at $3.24 per square foot across 821 square feet.

Does Mississauga Square offer a competitive price-per-square-foot ($/SF) against local comparables?

Mississauga Square defines its value proposition through efficient spatial planning, offering a competitive rate per square foot that balances modern build quality against larger, legacy footprints in the submarket. When evaluated against nearby alternatives, the building trades at a rate of $3.81 per square foot for an average suite size of 654 square feet, compared to submarket averages of $3.39 per square foot and broader comp averages of $3.55 per square foot across 759 square feet. Renters engaging with Mississauga Square accept slightly more compact floor plans in exchange for newer construction efficiencies, lower overall utility burdens, and modern interior finishes, whereas alternatives like Perla at Uptown provide larger footprints averaging up to 821 square feet at lower rates per square foot down to $3.24 per square foot.

How do building age, amenities, and developer reputation impact rent spreads?

Mississauga Square delivers an extensive, resort-style amenity package that rivals or exceeds the offerings found across competing towers in the Mississauga North micro-market. The building features signature amenities including an outdoor pool, a dedicated yoga studio alongside a full gym and fitness centre, a rooftop terrace, and a relaxing sauna and steam room. When contrasted against nearby peers, Mississauga Square matches comprehensive wellness layouts like those at Canopy Towers—which adds a pet wash station and an indoor pool—while offering significantly more diverse communal spaces than smaller phases in the area. This robust lifestyle infrastructure best serves young professionals and couples seeking an active, community-oriented residential environment with top-tier recreational assets.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Mississauga Square.

Building Amenities

  • Concierge & Security
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Outdoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Children's Playground - Outdoor
  • Water Wall Feature

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Mississauga Square.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.