Scenic on Eglinton III — Rental Market Data

Scenic on Eglinton III holds seven active listings as of August 31, 2026, with asking rents ranging from $2,000 to $3,000 per month, an average of $2,250 per month, and a median of $2,150 per month. The average suite measures 579 square feet at an asking rate of $4.04 per square foot, and the inventory is dominated by one-bedroom layouts representing 85.7 percent of available units. This composition leans firmly toward compact entry-level suites rather than multi-bedroom executive configurations, with only a single two-bedroom unit currently on the market.

The one-bedroom layout is the dominant active tier at Scenic on Eglinton III, accounting for six of seven listings and 85.7 percent of available inventory. One-bedroom suites average $2,125 per month across 533 square feet at $4.13 per square foot, while the lone two-bedroom listing asks $3,000 per month for 850 square feet at $3.53 per square foot. No zero-bedroom or three-plus-bedroom units are currently available in the active pool.

Scenic on Eglinton III spans a $1,000 asking rent spread from a $2,000 entry point to a $3,000 peak, representing a 50 percent range across its seven active listings. The median asking rent sits at $2,150 per month, anchoring the mid-range of available options. The entry-level suite is a one-bedroom at 400 square feet priced at $5.00 per square foot, while the peak offering is a two-bedroom at 850 square feet priced at $3.53 per square foot, illustrating that the higher absolute rent is driven by substantially greater floor area rather than a premium per-square-foot rate.

Scenic on Eglinton III does not currently have a quantified den premium or square-footage delta isolable from its active listings, as no paired den versus no-den comparison exists in the available sample. Marginal cost per square foot for additional den space therefore cannot be reliably calculated from current inventory. Parking stall premiums also cannot be reliably isolated from active listings due to insufficient paired data, and no verified historical parking benchmark is available from the lease record.

Scenic on Eglinton III asks an average of $2,250 per month at $4.04 per square foot, compared to the East York submarket asking benchmark of $2,592 per month at $3.63 per square foot. The building's lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, as its per-square-foot rate carries an 11.3 percent premium over the submarket asking average. The building represents seven of the 29 total active listings in the East York submarket, accounting for roughly 24 percent of available inventory in the area.

Scenic on Eglinton III's all-time average lease rent of $2,345 per month runs $189 below the four-comparable average of $2,534, positioning it as the more affordable option in this immediate cluster. The two closest competitors, Scenic on Eglinton – East Tower (35 Brian Peck Cres, 0.1 km) and Scenic on Eglinton – West Tower (45 Brian Peck Cres, 0.13 km), both completed in 2014; the East Tower shows an average lease of $2,550 per month at $3.53 per square foot across 735 square feet, while the West Tower has no closed-lease data reported in the trailing period. Upper East Village (33 Frederick Todd Way, 0.59 km, completed 2023) commands the highest benchmark at $2,827 per month, $3.89 per square foot, and 728 square feet. Leaside Mews (211 Randolph Rd, 1.02 km, completed 1998) sits at the bottom of the range with an average lease of $2,225 per month, $3.42 per square foot, and 650 square feet, though only one closed lease was recorded in the past 180 days.

Scenic on Eglinton III leases at an all-time average of $3.78 per square foot across 640 square feet of suite space, a rate that sits above the East Tower's $3.53 per square foot and Leaside Mews' $3.42 per square foot but below Upper East Village's $3.89 per square foot. Against the 2014 East Tower, the subject commands a $0.25-per-square-foot premium while delivering 95 fewer interior square feet, meaning renters pay slightly more per unit of space for a newer building with a comparable amenity set. Compared with the 2023 Upper East Village, the subject actually trades at a $0.11-per-square-foot discount despite offering 88 fewer square feet, making it the more cost-efficient choice per square foot in that pairing. Versus the 1998 Leaside Mews, the subject's $0.36-per-square-foot premium over 10 fewer square feet reflects a substantially broader amenity package and a building roughly two decades newer. The net effect is a mid-range per-square-foot position that rewards renters who prioritize full-service indoor amenities over maximum suite size.

Scenic on Eglinton III offers a resort-style indoor amenity profile that distinguishes it from all four nearby competitors, particularly in wet-area and social facilities. The building's Hot Tub & Jacuzzi is absent from the East Tower, Upper East Village, and Leaside Mews, giving it a clear wellness advantage in this cluster. Its dedicated Media & Theatre Room is not listed at Upper East Village or Leaside Mews, and the Indoor Kids' Play Room is missing from Upper East Village's amenity roster. The full-service Dining Room & Kitchen and outdoor BBQ Area are both absent from Leaside Mews, which offers only a basic concierge, gym, party room, meeting room, and garden courtyard. Where Upper East Village differentiates itself with a Business Centre, Pet Wash Station, and Fire Pit—features the subject does not carry—Scenic on Eglinton III counters with its Hot Tub & Jacuzzi, Media & Theatre Room, and Indoor Kids' Play Room to appeal to families and professionals seeking a turnkey social and wellness environment without the need for off-site recreation.