SweetLife Condos — Rental Market Data

SweetLife Condos at 1 Falaise Rd carries three active rental listings as of August 31, 2026, with asking rents ranging from $1,870 to $2,050 per month, an average of $1,973 and a median of $2,000. The average suite size across these listings is 450 square feet at an asking rate of $4.47 per square foot. Inventory leans toward compact entry-level suites, with one-bedroom-plus-den layouts accounting for 66.7 percent of available units and standard one-bedrooms making up the remaining 33.3 percent.

The dominant active layout at SweetLife Condos is the one-bedroom-plus-den, with two units representing 66.7 percent of current inventory at an average asking rent of $2,025 per month across 475 square feet and $4.36 per square foot. The single one-bedroom listing carries an asking rent of $1,870 per month for 400 square feet at $4.68 per square foot. Both tiers are limited in supply, with the den layout offering a small selection and the standard one-bedroom representing a single available unit.

SweetLife Condos shows an active asking rent spread of $180 per month, or 9.6 percent, between the entry-level $1,870 listing and the peak $2,050 listing. The median asking rent sits at $2,000 per month, anchoring the mid-range of available inventory. The entry-level suite is a 400-square-foot one-bedroom at $4.68 per square foot, while the peak listing is a 550-square-foot one-bedroom-plus-den priced at $3.73 per square foot, illustrating how the larger den layout delivers a lower per-square-foot rate despite the higher monthly outlay.

At SweetLife Condos, the active den premium is $155 per month for an additional 75 square feet of flexible space, translating to a marginal cost of $2.07 per square foot for the extra den area. Verified parking stall costs are set at $155 per month in current active listings, consistent with the $150 per month benchmark established in recent historical leases.

SweetLife Condos asks an average of $1,973 per month at $4.47 per square foot, compared to the Scarborough East submarket asking benchmark of $2,397 per month at $3.14 per square foot. The building's lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, as the per-square-foot rate runs 42.4 percent above the submarket asking average. SweetLife Condos accounts for three of the 30 active listings in the Scarborough East submarket, representing a 10 percent share of total available inventory.

SweetLife Condos' average closed-lease rent of $2,013 per month sits $607 (23.2%) below the four-comp average of $2,620, positioning it as the most affordable realized lease in this immediate Scarborough East cluster. Highland Commons at 1625-1635 Military Trail (1.93 km) closed leases averaging $2,237 per month at $3.72 per square foot across 619 square feet of interior space. Mapledale at 3050 Ellesmere Rd (1.98 km) recorded an average of $2,379 per month at $2.85 per square foot on 843 square feet. Prominence Point at 90 Dale Ave (2.25 km) averaged $2,690 per month at $2.51 per square foot across 1,071 square feet, and Gates of Guildwood at 20 Guildwood Pkwy (2.42 km) posted the highest comp rent at $3,175 per month, $3.99 per square foot, on 891 square feet.

SweetLife Condos leases at an average of $3.57 per square foot on 596 square feet, a rate that is $0.15 per square foot (4.0%) below Highland Commons' $3.72 and $0.42 per square foot (10.5%) below Gates of Guildwood's $3.99, while carrying a $0.72 per square foot (25.3%) premium over Mapledale's $2.85 and a $1.06 per square foot (42.2%) premium over Prominence Point's $2.51. Renters choosing SweetLife Condos accept 23 fewer square feet than Highland Commons, 247 fewer than Mapledale, 475 fewer than Prominence Point, and 295 fewer than Gates of Guildwood, trading interior volume for a newer building shell, a dedicated media and theatre room, and a yoga studio that the three 1989-1991 competitors do not offer. The practical trade-off is clear: a tenant paying $2,013 per month for 596 square feet gets a tighter footprint than the 843-to-1,071-square-foot suites at Mapledale and Prominence Point, but gains a four-to-three-decade age advantage, a more contemporary floor plan mix dominated by one-bedroom-plus-den layouts, and a lower absolute monthly outlay than every single comparable in the set.

SweetLife Condos differentiates its lifestyle package through a wellness-and-social amenity stack that no single competitor replicates in full, pairing a dedicated yoga studio, media and theatre room, BBQ area, garden courtyard, and meeting room under one roof. The media and theatre room is exclusive to SweetLife Condos among all four comparables; Highland Commons at 1625-1635 Military Trail offers an outdoor pool, pet wash station, dog run, and rooftop terrace but no dedicated screening space. Mapledale at 3050 Ellesmere Rd and Prominence Point at 90 Dale Ave both provide indoor pools, saunas, and steam rooms—features absent from SweetLife Condos—yet neither includes a yoga studio or BBQ area. Gates of Guildwood at 20 Guildwood Pkwy counters with a tennis and pickleball court, squash and racquetball court, and a practice driving range, none of which appear in the subject's amenity list. The tenant profile best served by SweetLife Condos is the young professional or small couple prioritizing a modern, low-maintenance social hub with on-site fitness, a private screening room for movie nights, and an outdoor courtyard for weekend gatherings over the pool-and-spa infrastructure that defines the older 1989-1991 buildings in this submarket.