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Market Data as of September 30, 2026

Royal Promenade I — Rental Market Data

120 Promenade Circ, Vaughan, Ontario L4J 4P8
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,700/mo
Date Leased: August 26, 2026
Rent psf$2.84/sf
Turnover Velocity15 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed1990
Total Suites202
DeveloperMenkes Developments

Royal Promenade I is a residential community located in Vaughan, Ontario. Completed in 1990, the property features an estimated 202 suites. The building currently features no active rental listings on record as of September 30, 2026.

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,700/mo
Date LeasedAugust 26, 2026
Rent psf$2.84/sf
Turnover Velocity15 Days
Active Inventory Status0 Available

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)
2026-04-272314818001.9645
2026-04-282314818001.9646
2026-04-292314818001.9647
2026-04-302314818001.9648
2026-05-012314818001.9649
2026-05-022314818001.9650
2026-05-032314818001.9651
2026-05-042314818001.9652
2026-05-051275011002.5017
2026-05-061275011002.5018
2026-05-071275011002.5019
2026-05-081275011002.5020
2026-05-091275011002.5021
2026-05-101275011002.5022
2026-05-111275011002.5023
2026-05-121275011002.5024
2026-05-131275011002.5025
2026-05-141275011002.5026
2026-05-151275011002.5027
2026-05-161275011002.5028
2026-05-171275011002.5029
2026-05-181275011002.5030
2026-05-191275011002.5031
2026-05-201275011002.5032
2026-05-211275011002.5033
2026-05-221275011002.5034
2026-05-231275011002.5035
2026-05-241275011002.5036
2026-05-252307511002.8019
2026-05-262307511002.8020
2026-05-272307511002.8021
2026-05-282307511002.8022
2026-05-292307511002.8023
2026-05-302307511002.8024
2026-05-312307511002.8025
2026-06-013298210502.8417
2026-06-023298210502.8418
2026-06-033298210502.8419
2026-06-043298210502.8420
2026-06-053298210502.8421
2026-06-063298210502.8422
2026-06-073298210502.8423
2026-06-083298210502.8424
2026-06-093298210502.8425
2026-06-103298210502.8426
2026-06-113298210502.8427
2026-06-123298210502.8428
2026-06-133298210502.8429
2026-06-143298210502.8430
2026-06-153298210502.8431
2026-06-163298210502.8432
2026-06-173298210502.8433
2026-06-183298210502.8434
2026-06-193298210502.8435
2026-06-203298210502.8436
2026-06-213298210502.8437
2026-06-223298210502.8438
2026-06-233298210502.8439
2026-06-243298210502.8440
2026-06-253298210502.8441
2026-06-263298210502.8442
2026-06-273298210502.8443
2026-06-283298210502.8444
2026-06-292309810253.0232
2026-06-302309810253.0233
2026-07-012309810253.0234
2026-07-022309810253.0235
2026-07-03127959502.9432
2026-07-04127959502.9433
2026-07-05127959502.9434
2026-07-06127959502.9435
2026-07-07127959502.9436
2026-07-08127959502.9437
2026-07-09127959502.9438
2026-07-10127959502.9439
2026-07-11127959502.9440
2026-07-12127959502.9441
2026-07-13127959502.9442
2026-07-14127959502.9443
2026-07-15127959502.9444
2026-07-16127959502.9445
2026-07-17127959502.9446
2026-07-18127959502.9447
2026-07-19127959502.9448
2026-07-20127959502.9449
2026-07-21127959502.9450
2026-07-22127959502.9451
2026-07-232307311252.7626
2026-07-242307311252.7627
2026-07-252307311252.7628
2026-07-262307311252.7629
2026-07-272307311252.7630
2026-07-282307311252.7631
2026-07-292307311252.7632
2026-07-302307311252.7633
2026-07-312307311252.7634
2026-08-012307311252.7635
2026-08-022307311252.7636
2026-08-03127959502.9463
2026-08-04127959502.9464
2026-08-05127959502.9465
2026-08-06127959502.9466
2026-08-07127959502.9467
2026-08-08127959502.9468
2026-08-09127959502.9469
2026-08-10127959502.9470
2026-08-11127009502.84N/A
2026-08-12127009502.841
2026-08-13127009502.842
2026-08-14127009502.843
2026-08-15127009502.844
2026-08-16127009502.845
2026-08-17127009502.846
2026-08-18127009502.847
2026-08-19127009502.848
2026-08-20127009502.849
2026-08-21127009502.8410
2026-08-22127009502.8411
2026-08-23127009502.8412
2026-08-24127009502.8413
2026-08-25127009502.8414

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Royal Promenade I reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

Loading inventory data…

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
Max 2 selected
Show min/max boundaries

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)
2026-06-282302511002.7556
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-021335013002.5811
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23126309502.7715

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at Royal Promenade I with 6 tracked residential buildings in the immediate vicinity.

Royal Promenade II140 m

110 Promenade Circ, Vaughan

Avg Asking$3,200/mo
Avg $/SF$2.46
Rent Spread:
N/A
Promenade Park191 m

100 Promenade Cir, Vaughan

Avg Asking$2,550/mo
Avg $/SF$3.41
Rent Spread:
N/A
Promenade Park II196 m

88 Promenade Circ, Vaughan

Avg Asking$2,794/mo
Avg $/SF$3.17
Rent Spread:
N/A
The Residence at Beauclaire215 m

745 New Westminster Dr, Vaughan

Avg Asking$2,650/mo
Avg $/SF$2.69
Rent Spread:
N/A
Promenade Park Towers - Building B251 m

50 Upper Mall Way, Vaughan

Avg Asking$2,396/mo
Avg $/SF$3.98
Rent Spread:
N/A
D'Or Condominiums - East317 m

20 Gatineau Dr, Vaughan

Avg Asking$2,779/mo
Avg $/SF$3.71
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Royal Promenade I compare to neighbouring buildings within Thornhill?

At $0/month ($0.00/SF), Royal Promenade I maintains a competitive market position compared to surrounding properties.

Does Royal Promenade I offer a competitive price-per-square-foot ($/SF) against local comparables?

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Royal Promenade I and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Royal Promenade I.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Tennis & Pickleball Court
  • Squash & Racquetball Court
  • Party & Lounge Room
  • Games & Billiards Room
  • Garden & Courtyard

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Royal Promenade I.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.