Elle Condos — Rental Market Data

Elle Condos has one active listing as of August 31, 2026, asking $2,500 per month with both the average and median rent at $2,500. The available suite spans 750 square feet at an asking rate of $3.33 per square foot, and the single listing is a two-bedroom layout representing 100 percent of current inventory. With only one unit on the market, the building's active stock leans toward a mid-size multi-bedroom layout rather than compact entry-level suites, and no studio or one-bedroom options are currently available.

The sole active listing at Elle Condos is a two-bedroom suite, accounting for 100 percent of the building's available inventory. That single unit asks $2,500 per month across 750 square feet, yielding a rate of $3.33 per square foot. No one-bedroom, studio, or den-included layouts are currently listed, making this a single-transaction sample with no cross-layout comparison possible.

Elle Condos shows a minimum and maximum asking rent of $2,500 per month, producing a dollar spread of zero and a percentage spread of zero percent due to the single active listing. The entry-level and peak suite are the same unit: a two-bedroom layout at 750 square feet priced at $3.33 per square foot. With only one unit on the market, no internal price gradient exists to compare against, and renters should reference the broader submarket range for alternative pricing tiers.

Active den premiums and square-footage deltas cannot be quantified at Elle Condos because the sole listing is a standard two-bedroom without a den component, leaving no paired comparison to isolate marginal den costs. Active parking premiums also cannot be reliably isolated from the current data due to an insufficient paired sample, so no specific monthly parking figure can be quoted for the active listing. Historical lease data does show a verified parking premium of $167 per month, which may serve as a rough reference point for prospective renters.

Elle Condos asks $2,500 per month at $3.33 per square foot, compared to the Scarborough City Centre submarket average asking rent of $2,480 and $3.32 per square foot. The building's rate sits 0.3 percent above the submarket asking benchmark on a per-square-foot basis, while its nominal monthly rent is only $20 higher than the submarket average, a gap that reflects the active suite's 750-square-foot footprint being essentially in line with the submarket implied average of 747 square feet. Elle Condos holds one out of 77 active listings in the submarket, representing a 1.3 percent share of total available inventory.

Elle Condos' 12-month average realized rent of $2,463 per month sits $15 below the four-comparable benchmark of $2,478, with the spread driven by suite size rather than a weaker per-square-foot position. Forest Mansion II at 123 Omni Dr (0.09 km, three closed leases) averaged $2,500 per month at $3.14 per square foot across 798 square feet, meaning Elle Condos commands a $37-per-month higher rent despite offering 115 fewer square feet. Forest Mansion I at 125 Omni Dr (0.13 km, two closed leases) averaged $2,300 per month at $2.96 per square foot over 790 square feet, so Elle Condos trades at a $163-per-month lower rent while still charging a $0.69-per-square-foot premium; the nominal difference is a footprint effect, not a valuation gap. 360° At The City Centre at 83 Borough Dr (0.27 km, 28 closed leases) averaged $2,503 per month at $3.06 per square foot across 827 square feet, placing Elle Condos $40 higher per month on a 144-square-foot smaller suite. Equinox II at 50 Brian Harrison Way (0.44 km, 18 closed leases) averaged $2,610 per month at $3.64 per square foot over 728 square feet, so Elle Condos realizes a $147-per-month lower rent on a nearly identical per-square-foot rate and 45 fewer square feet.

Elle Condos leases at $3.65 per square foot on an average 683-square-foot suite, a rate that runs 14 percent above the four-comparable average of $3.20 per square foot while delivering roughly 100 fewer interior square feet than the 786-square-foot comp mean. Against Forest Mansion II, the subject trades at a $0.51-per-square-foot (16.2 percent) premium while providing 115 fewer square feet; the higher rate is offset by the smaller footprint, keeping the monthly bill within $37 of the competitor. Versus Forest Mansion I, the subject commands a $0.69-per-square-foot (23.3 percent) premium on 107 fewer square feet, and the $163-per-month lower nominal rent reflects that reduced interior area rather than a weaker asset valuation. Against 360° At The City Centre, the subject carries a $0.59-per-square-foot (19.3 percent) premium on 144 fewer square feet, producing a $40-per-month higher rent. Equinox II presents the closest per-square-foot match at just a $0.01-per-square-foot (0.3 percent) premium, with the subject offering 45 fewer square feet and a $147-per-month lower rent—here the trade-off is almost purely spatial, with both buildings pricing interior space at nearly identical rates.

Elle Condos differentiates its lifestyle package through pet-centric and communal-dining facilities—specifically a Pet Wash Station and a dedicated Dining Room & Kitchen—that are absent from all four nearby competitors, while forgoing the aquatic and wellness amenities that define the peer set. Every one of the four comparables offers an Indoor Pool, Hot Tub & Jacuzzi, and Sauna & Steam Room; Forest Mansion I and II additionally include a Yoga Studio, Library & Reading Room, and Kids' Play Room; 360° At The City Centre and Equinox II each carry a Golf Simulator. Elle Condos instead emphasizes social and pet-friendly living with its Pet Wash Station, Dog Run, BBQ Area, Games & Billiards Room, Party & Lounge Room, Media & Theatre Room, Rooftop Terrace, and Garden & Courtyard. The building's amenity mix is best suited to young professionals and pet-owning renters who prioritize communal dining spaces, outdoor social areas, and on-site pet care over resort-style aquatic facilities or golf simulation.