Love Condominiums — Rental Market Data

Love Condominiums has three active rental listings as of August 31, 2026, spanning a price range of $1,950 to $2,450 per month with an average asking rent of $2,200 and a median of $2,200. The average suite size across these listings is 567 square feet at an asking rate of $4.01 per square foot. Inventory skews toward the one-bedroom-plus-den tier, which accounts for 66.7 percent of available units, while the remaining 33.3 percent is a single compact one-bedroom, meaning current availability leans toward slightly larger executive-style layouts rather than entry-level studios.

The dominant active layout at Love Condominiums is the one-bedroom-plus-den, with two listings representing 66.7 percent of available inventory at an average asking rent of $2,325 per month across 650 square feet and a rate of $3.58 per square foot. The standard one-bedroom tier holds one listing at 33.3 percent share, asking $1,950 per month for 400 square feet at $4.88 per square foot. Renters seeking a den or flexible workspace have a small but workable selection, while those targeting a pure one-bedroom face a single-listing constraint.

Love Condominiums shows an active asking spread of $500, from a minimum entry rent of $1,950 to a peak asking rent of $2,450 per month, a 25.6 percent range. The median asking rent sits at $2,200 per month, anchoring the mid-point of the spread. The entry-level suite is a 400-square-foot one-bedroom priced at $4.88 per square foot, while the peak listing is a 650-square-foot one-bedroom-plus-den at $3.77 per square foot, illustrating how the larger footprint compresses the per-square-foot rate despite the higher nominal rent.

At Love Condominiums, the active den premium is quantified at $375 per month for an additional 250 square feet of flexible space, equating to a marginal cost of $1.50 per square foot for the extra den area. Parking stall premiums cannot be reliably isolated from the current dataset due to insufficient paired samples and anomalous outliers, so renters should confirm parking availability and pricing directly with the leasing office before signing a lease.

Love Condominiums asks an average of $2,200 per month at $4.01 per square foot, compared to the Scarborough North submarket asking benchmark of $2,553 per month and $3.38 per square foot. The building's nominal rent is lower than the submarket average, but that gap is explained by its more compact 567-square-foot average suite size versus the broader market; on a rate-per-square-foot basis, Love Condominiums actually commands an 18.6 percent premium over the submarket asking rate. The building currently holds three out of 75 active listings in Scarborough North, representing a 4 percent share of total submarket inventory.

Love Condominiums' average realized lease rent of $2,286 per month sits $481 below the four-comparable benchmark of $2,767, driven primarily by the two Greens towers pulling the average upward with their large-format suites. Joy Condos at 195 Bonis Ave (0.09 km, 12 closed leases) averaged $2,397 per month at $3.53 per square foot across 683 square feet, placing Love Condominiums $111 lower on a monthly basis. Legends at Tam O'Shanter at 238 Bonis Ave (0.2 km, 6 closed leases) realized $2,496 per month at $2.41 per square foot over 1,058 square feet, a $210 gap above the subject. Greens at Tam O'Shanter I at 168 Bonis Ave (0.17 km, 2 closed leases) and Greens at Tam O'Shanter II at 138 Bonis Ave (0.16 km, 1 closed lease) both cleared near $3,075–$3,100 per month at roughly $2.07–$2.08 per square foot across 1,500-square-foot layouts, putting the subject $789 and $814 lower respectively. All four comparables posted closed lease transactions in the trailing 180-day window, so every figure above reflects realized pricing rather than asking or listing data.

Love Condominiums leases at $3.30 per square foot across 695 square feet, a rate that commands a premium over the Greens towers and Legends while trading at a discount below Joy Condos, and the lower nominal rent versus every competitor is driven by the building's compact interior footprint rather than a weaker asset valuation. Against Joy Condos (683 sq ft, $3.53/sq ft), Love Condominiums offers 12 more square feet at a $0.23 per square foot (6.5%) discount, making it the more cost-efficient choice for renters prioritizing space per dollar in the newest generation of the cluster. Against Greens at Tam O'Shanter II (1,500 sq ft, $2.07/sq ft) and Greens at Tam O'Shanter I (1,500 sq ft, $2.08/sq ft), the subject commands a $1.23 per square foot (59.4%) and $1.22 per square foot (58.7%) premium respectively while providing 805 fewer interior square feet; the $814 and $789 monthly savings reflect the 54% smaller layout, not a lower per-unit valuation. Legends at Tam O'Shanter (1,058 sq ft, $2.41/sq ft) shows the same pattern: Love Condominiums carries a $0.89 per square foot (36.9%) premium over 363 fewer square feet, and the $210 monthly difference is a footprint trade-off rather than a rate concession. In short, a renter choosing Love Condominiums over the Greens or Legends towers is trading roughly 35–54% of the interior space for a newer building (built in 2015 versus 1992–2007) at a higher unit rate.

Love Condominiums fields an 11-item amenity suite anchored by an indoor pool, hot tub and jacuzzi, sauna and steam room, rooftop terrace, BBQ area, garden and courtyard, and a dedicated outdoor tai chi area—a wellness-and-outdoor-living package that distinguishes it from the more sport-and-recreation-oriented Greens towers. The outdoor tai chi area is unique to Love Condominiums within this four-building cluster; no competitor offers a structured outdoor movement or martial-arts space. Joy Condos, the closest peer at 90 metres, mirrors most of the subject's indoor amenities (pool, gym, hot tub, sauna, rooftop terrace, BBQ, party room, games room) and adds a yoga studio that Love Condominiums lacks. The Greens I and II towers lean heavily into court-sport and golf facilities—squash and racquetball courts, basketball courts, indoor golf driving range or golf simulator, car wash bays, and outdoor pools—none of which appear in Love Condominiums' package. Legends at Tam O'Shanter adds a meeting room and a dedicated dining room and kitchen that the subject does not provide. Love Condominiums' lifestyle package, combining aquatic wellness (indoor pool, hot tub, sauna), a rooftop terrace with BBQ, a garden courtyard, and the tai chi area, is best suited to health-conscious professionals and active retirees who value low-impact outdoor movement, aquatic recovery, and communal outdoor living over competitive court sports or golf simulation.