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Market Data as of August 31, 2026

Danforth Village Estates — Rental Market Data

1346 Danforth Rd, Scarborough, Ontario M1J 0A9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,250

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2018
Total Suites249
DeveloperOptions for Homes

Danforth Village Estates at 1346 Danforth Rd in Scarborough is an established residential development completed in 2018 by developer Options for Homes, featuring 249 total suites. The building currently records 1 active listing and an availability rate of 0.4%. Recent leasing activity stands at 3 closed leases over the past 30 days with an average of 51 days on the market, alongside 6 closed leases over the past 90 days with an average of 41 days on the market.

Active asking rent sits at $2,250 per month at $3.46 per square foot, compared to realized 90-day leases averaging $2,008 per month at $3.59 per square foot, while active listings average 650 square feet compared to historical leases averaging 579 square feet. Active asking rates per square foot track 10.9% higher than the Scarborough West submarket asking benchmark of $3.12 per square foot.

Marketing friction reflects an average of 160 days on the market for unrented units that delisted after asking $1,900 per month, which is $50 per month above realized lease averages, demonstrating that unrented units were overpriced relative to realized leases. Inventory availability is constrained to a single active 1-Bedroom + Den layout tier, leaving zero units available across all other floor plans.

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Active Rental Inventory & Asking Rates

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

Active Units1
-4 (80.0%)
Avg Asking Rent$2,250
+$260 (13.1%)
Avg Suite Size650 sf
+110 sf (20.3%)
Avg Days on Market31d
-18d (37.2%)
Avg Asking $/SF$3.46
-$0.27 (7.3%)

Active Market Insights & Questions

How has rental availability changed at Danforth Village Estates recently?

Danforth Village Estates features 1 active listing as of August 31, 2026, with an asking price range of $2,250 per month, an average rent of $2,250 per month, and a median rent of $2,250 per month. The sole active listing spans 650 square feet with an asking rate of $3.46 per square foot, representing a 1-Bedroom + Den inventory share of 100%.

What floor plans and unit layouts are currently available at Danforth Village Estates?

The dominant active layout at Danforth Village Estates is the 1-Bedroom + Den, accounting for 1 listing and a 100% inventory share. This single available 1-Bedroom + Den suite averages $2,250 per month across 650 square feet at an asking rate of $3.46 per square foot. There are zero units currently available across any other layout tiers.

What is the average asking rent and $/SF by suite size at Danforth Village Estates?

Danforth Village Estates records a minimum entry rent of $2,250 per month and a peak asking rent of $2,250 per month, resulting in a dollar spread of $0 and a percentage spread of 0%. The median asking rent is $2,250 per month. The entry-level 1-Bedroom + Den suite offers 650 square feet at $3.46 per square foot, mirroring the peak suite metrics exactly.

How much extra do parking spaces and dens cost at Danforth Village Estates?

Danforth Village Estates has active den premium data that is currently unavailable as active den metrics are null. Active parking premium data cannot be reliably isolated due to an insufficient sample, while historical verified parking stalls average $276 per month.

How do asking rents at Danforth Village Estates compare to local and municipal benchmarks?

Danforth Village Estates asks an average monthly rent of $2,250 at $3.46 per square foot, compared to the Scarborough West submarket asking benchmark of $2,692 per month at $3.12 per square foot. The lower monthly outlay is driven by a compact suite footprint averaging 650 square feet, while the building's asking rate per square foot tracks 10.9% above the submarket asking benchmark with an active inventory share of 4.0% relative to the 25 total active submarket listings.

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 Danforth Village Estates (Data period: For the month of August 2026).

Units Leased3
Avg Leased Price$1,850
Avg Leased Size579 sf
Avg Days to Lease51d
Leased $/SF$3.77

Leased Transaction Insights & Questions

How many suites were leased at Danforth Village Estates last month, and how fast did they rent?

At Danforth Village Estates, 30-day leasing velocity registered 3 deals with an average days on market of 51 days, while 90-day velocity recorded 6 deals averaging 41 days, comparing against a broader submarket benchmark average days on market of 34 days. Leasing turnover decelerated over the course of the summer, shifting from 1 closed lease in May up to a peak of 3 closed leases in August as marketing times expanded. Lifetime closed lease volume sits at 7 total transactions across the tracking period.

What is the negotiation spread between asking rents and closed lease prices at Danforth Village Estates?

At Danforth Village Estates, transactions closed at an average discount of $71 per month or 3.39% below asking, delivering $852 per year in annual tenant savings and reflecting active landlord concessions. Exactly 71.4% of leases closed under asking price, while remaining transactions settled at asking. This distribution establishes clear tenant-favorable leverage across the building.

What are typical executed lease prices across different layouts at Danforth Village Estates?

At Danforth Village Estates, 1-Bedroom floor plans anchor the building with 4 closed leases averaging $1,862 per month, a median of $1,900 per month, a P25-P75 range of $1,762 to $2,000 per month, an average size of 525 square feet, an average rate of $3.60 per square foot, and 29 days on market, representing a limited sample size. Studio layouts accounted for 1 closed lease with an average monthly rent of $1,750 per month, a median of $1,750 per month, a P25-P75 range of $1,750 to $1,750 per month, an average size of 451 square feet, an average rate of $3.88 per square foot, and 89 days on market (note that this represents an individual deal rather than a broad statistical benchmark). 1-Bedroom + Den suites recorded 1 closed lease averaging $2,150 per month, a median of $2,150 per month, a P25-P75 range of $2,150 to $2,150 per month, an average size of 650 square feet, an average rate of $3.31 per square foot, and 29 days on market (note that this represents an individual deal rather than a broad statistical benchmark). 2-Bedroom floor plans logged 1 closed lease averaging $2,500 per month, a median of $2,500 per month, a P25-P75 range of $2,500 to $2,500 per month, an average size of 850 square feet, an average rate of $2.94 per square foot, and 19 days on market (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Danforth Village Estates?

At Danforth Village Estates, verified realized leased parking premiums added an average of $276 per month to suite rental agreements. Active asking parking rates remained inconclusive due to insufficient paired sample data, meaning parking premiums could not be reliably isolated for current unrented inventory.

How does the lease-to-listing ratio at Danforth Village Estates reflect current tenant demand?

At Danforth Village Estates, average monthly rents moved from $1,799 per month in May to $2,500 per month in June, before settling at $2,000 per month in July and $1,850 per month in August. May closed 1 lease averaging $1,799 per month at $3.00 per square foot with 9 days on market. June closed 1 lease averaging $2,500 per month at $2.94 per square foot with 19 days on market. July closed 2 leases averaging $2,000 per month at $3.64 per square foot with 35 days on market. August closed 3 leases averaging $1,850 per month at $3.77 per square foot with 51 days on market.

De-Listed & Terminated Rental Market Dynamics

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

Delisted Units1
Avg Asking Price$1,900
Avg Suite Size550 sf
Avg Days on Market160d
Delisted $/SF$3.45

De-Listed Market Analysis & Questions

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

At Danforth Village Estates, 1 unit was delisted, representing a delisted-to-lifetime-leased ratio of 14.3% and a delisted-to-30-day-leased ratio of 33.3%, with the total comprised entirely of expired listings. This establishes a market health ratio of roughly 1 pulled listing for every 7 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Danforth Village Estates?

At Danforth Village Estates, unrented delisted units asked an average of $1,900 per month, which represented a nominal dollar spread of $50 per month above realized lease averages of $1,850 per month, alongside a rate-per-square-foot of $3.45 per square foot compared to the historical lease rate of $3.50 per square foot. Unrented units were overpriced relative to realized leases.

What market friction causes rental listings to stall or de-list at Danforth Village Estates?

At Danforth Village Estates, unrented delisted units required an average of 160 days on market compared to 36 days for realized leases, creating an excess of 124 marketing days over the lifetime benchmark. This extended unrented period translates to roughly 4 months of lost rental income plus ongoing condo maintenance fees, illustrating the heavy financial carrying cost of overpricing.

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)
2026-04-27320506003.4171
2026-04-28320506003.4172
2026-04-29320506003.4173
2026-04-30320506003.4174
2026-05-01320506003.4175
2026-05-02320506003.4176
2026-05-03320506003.4177
2026-05-04320506003.4178
2026-05-05419635633.5059
2026-05-06419635633.5060
2026-05-07419635633.5061
2026-05-08419505633.4834
2026-05-09318005343.4117
2026-05-10318005343.4118
2026-05-11318005343.4119
2026-05-12318005343.4120
2026-05-13318005343.4121
2026-05-14318005343.4122
2026-05-15318005343.4123
2026-05-16318005343.4124
2026-05-17218005013.6133
2026-05-18218005013.6134
2026-05-19218005013.6135
2026-05-20218005013.6136
2026-05-21218005013.6137
2026-05-22218005013.6138
2026-05-23218005013.6139
2026-05-24218005013.6140
2026-05-25218005013.6141
2026-05-26318004673.9128
2026-05-27318004673.9129
2026-05-28318004673.9130
2026-05-29318004673.9131
2026-05-30419885633.6824
2026-05-31419885633.6825
2026-06-01419885633.6826
2026-06-02520105603.7122
2026-06-03520105603.7123
2026-06-04520105603.7124
2026-06-05520105603.7125
2026-06-06520105603.7126
2026-06-07520105603.7127
2026-06-08520105603.7128
2026-06-09520105603.7129
2026-06-10520105603.7130
2026-06-11520105603.7131
2026-06-12520105603.7132
2026-06-13520105603.7133
2026-06-14520105603.7134
2026-06-15620425743.6629
2026-06-16620425743.6630
2026-06-17620425743.6631
2026-06-18519405193.7934
2026-06-19519405193.7935
2026-06-20519405193.7936
2026-06-21519405193.7937
2026-06-22519405193.7938
2026-06-23519405193.7939
2026-06-24519405193.7940
2026-06-25519405193.7941
2026-06-26519405193.7942
2026-06-27519405193.7943
2026-06-28519405193.7944
2026-06-29519405193.7945
2026-06-30519405193.7946
2026-07-01519405193.7947
2026-07-02519405193.7948
2026-07-03519405193.7949
2026-07-04519405193.7950
2026-07-05519405193.7951
2026-07-06519405193.7952
2026-07-07419755493.6156
2026-07-08418634883.8552
2026-07-09418634883.8553
2026-07-10518905003.8143
2026-07-11518905003.8144
2026-07-12518905003.8145
2026-07-13518905003.8146
2026-07-14518905003.8147
2026-07-15518905003.8148
2026-07-16518905003.8149
2026-07-17518905003.8150
2026-07-18518905003.8151
2026-07-19518905003.8152
2026-07-20518905003.8153
2026-07-21518905003.8154
2026-07-22518905003.8155
2026-07-23519405203.7746
2026-07-24519405203.7747
2026-07-25519405203.7748
2026-07-26519405203.7749
2026-07-27519405203.7750
2026-07-28519405203.7751
2026-07-29419255133.8060
2026-07-30419255133.8061
2026-07-31519905403.7449
2026-08-01519905403.7450
2026-08-02420635633.7342
2026-08-03420635633.7343
2026-08-04420635633.7344
2026-08-05420635633.7345
2026-08-06420635633.7346
2026-08-07420635633.7347
2026-08-08420635633.7348
2026-08-09420635633.7349
2026-08-10420635633.7350
2026-08-11420635633.7351
2026-08-12420635633.7352
2026-08-13321676173.5159
2026-08-14321676173.5160
2026-08-15321676173.5161
2026-08-16321676173.5162
2026-08-17321676173.5163
2026-08-18321676173.5164
2026-08-19321676173.5165
2026-08-20321676173.5166
2026-08-21220756003.4686
2026-08-22220756003.4687
2026-08-23220756003.4688
2026-08-24220756003.4689
2026-08-25220756003.4690
2026-08-26220756003.4691
2026-08-27220756003.4692
2026-08-28220756003.4693
2026-08-29220756003.4694
2026-08-30220756003.4695
2026-08-31122506503.4631

12-Month Market Dynamics & Trend Trajectory

Danforth Village Estates has logged a lifetime leasing volume of 7 total transactions, achieving an overall average rent of $1,978 per month at $3.50 per square foot across an average suite size of 579 square feet. Average days on market across the historical timeline stands at 36 days, pointing to steady tenant turnover in this Scarborough West development. Transaction pricing discipline reveals that 71.4% of past leases closed below initial asking prices, generating a net negotiation discount of $71 per month or 3.39% off asking. This average discount underscores a consistently tenant-favorable leasing environment where prospective renters retain sufficient leverage to negotiate landlord concessions.

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
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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)
2026-05-17117996003.009
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-14125008502.9419
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-19120005503.6451
2026-07-26120005503.6419
2026-08-02117504513.8889
2026-08-09116504004.1336
2026-08-16121506503.3129

Nearby Building Rental Comparables & Price Spreads

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

Danforth Village Estates at 1346 Danforth Rd is evaluated alongside a competitive set consisting of Sterling Club at 330 McCowan Rd (0.97 km away, built in 1991, 3 active listings), Omni at the City Centre at 115 Omni Dr (0.98 km away, built in 1996, 4 active listings), 20 Gilder Condos at 20 Gilder Drive (1.19 km away, built in 1975, 1 active listing), and Rainbow Village II at 2466 Eglinton Ave E (1.54 km away, built in 1990, 2 active listings). This surrounding micro-market is defined by older structural generations established between 1975 and 1996, contrasting with the subject building's completion year of 2018. Across this competitive set, the overall comp benchmarks average $2,544 per month at $2.42 per square foot across an average suite size of 1,065 square feet. Danforth Village Estates, completed in 2018, positions itself as a newer construction alternative in Scarborough West, trading at a higher rate per square foot and offering more compact, modern floor plans relative to the larger, older footprints found in the neighboring mature developments.

330 McCowan Rd, Scarborough

Avg Asking$2,750/mo
Avg $/SF$2.47
Rent Spread:
+$500/mo (+22.2%) Higher

115 Omni Dr, Scarborough

Avg Asking$2,877/mo
Avg $/SF$2.48
Rent Spread:
+$627/mo (+27.9%) Higher

15 Torrance Road, Scarborough

Avg Asking$2,400/mo
Avg $/SF$2.47
Rent Spread:
+$150/mo (+6.7%) Higher

30 Gilder Drive, Scarborough

Avg Asking$2,099/mo
Avg $/SF$2.21
Rent Spread:
-$151/mo (-6.7%) Lower

20 Gilder Drive, Scarborough

Avg Asking$2,550/mo
Avg $/SF$2.21
Rent Spread:
+$300/mo (+13.3%) Higher
Parisiene1.3 km

915 Midland Avenue, Scarborough

Avg Asking$2,150/mo
Avg $/SF$2.87
Rent Spread:
-$100/mo (-4.4%) Lower

Comparable Analysis & Questions

How do rental rates at Danforth Village Estates compare to neighbouring buildings within Scarborough West?

Danforth Village Estates achieves an average lease rent of $1,978 per month, trading below the overall competitor average of $2,544 per month across nearby established developments such as Sterling Club, Omni at the City Centre, 20 Gilder Condos, and Rainbow Village II. Sterling Club (330 McCowan Rd) reports an average lease rent of $2,750 per month at $2.47 per square foot across an average suite size of 1,123 square feet. Omni at the City Centre (115 Omni Dr) records an average lease rent of $2,875 per month at $2.42 per square foot across an average suite size of 1,185 square feet. 20 Gilder Condos (20 Gilder Drive) registers an average lease rent of $2,200 per month at $2.00 per square foot across an average suite size of 1,100 square feet. Rainbow Village II (2466 Eglinton Ave E) reports an average lease rent of $2,350 per month at $2.78 per square foot across an average suite size of 850 square feet.

Does Danforth Village Estates offer a competitive price-per-square-foot ($/SF) against local comparables?

Danforth Village Estates defines its value proposition through modern construction efficiency, leasing at an average of $3.50 per square foot across an average suite size of 579 square feet, which trades at a premium over the older, larger competitor average of $2.42 per square foot across 1,065 square feet. Renters at the subject building trade interior footprint size for contemporary finishes, newer mechanical systems, and more efficient layouts compared to legacy alternatives like Omni at the City Centre ($2.42 per square foot across 1,185 square feet) and 20 Gilder Condos ($2.00 per square foot across 1,100 square feet). While older buildings offer lower rates per square foot and larger square footage, tenants at Danforth Village Estates benefit from lower utility burdens and modern building standards typical of a 2018 completion.

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

Danforth Village Estates delivers a contemporary lifestyle profile featuring signature amenities including a concierge and security service, a fully equipped gym and fitness centre, a party and lounge room, a rooftop terrace, and convenient car sharing options. This modern amenity package contrasts with the traditional recreational offerings found at mature competitors such as Sterling Club and Omni at the City Centre, which emphasize sprawling square footage, indoor pools, and squash courts rather than modern shared transit solutions and rooftop outdoor spaces. The building is ideally suited for modern professionals and couples seeking contemporary shared spaces, efficient square footage, and streamlined property management over sprawling legacy recreational complexes.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Danforth Village Estates.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Library & Reading Room
  • Rooftop Terrace
  • Car Sharing

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Danforth Village Estates.

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.