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Market Data as of August 31, 2026

Newhaven Condos — Rental Market Data

2050 Bridletowne Circle, Scarborough, Ontario M1W 2V5
Quick Rent Estimate

Last Lease

3-Bedroom
Lease Amount
$2,700/mo
Date Leased: August 26, 2026
Rent psf$2.45/sf
Turnover Velocity71 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1978
Total Suites237
DeveloperOperation 11 Inc.

Newhaven Condos at 2050 Bridletowne Circle in Scarborough North is a 237-suite residential building completed in 1978 by Operation 11 Inc. As of August 31, 2026, the tower is fully occupied with zero units currently listed for rent, representing a 0% availability rate. Recent leasing activity shows two closed leases in the trailing 30 days and three over the past 90 days, with an average of 33 days on market for the 90-day cohort.

With no active listings to benchmark, the most recent realized leases average $2,850 per month at $2.32 per square foot across 1,233 square feet of space. That rate sits 30.1% below the Scarborough North submarket asking benchmark of $3.29 per square foot, a gap driven by the building's substantially larger suite footprints compared to the submarket implied average of 780 square feet. The submarket average asking rent is $2,566 per month, so Newhaven's realized rents run above the area median despite the lower per-square-foot rate.

Marketing friction on the delisting side is minimal, with zero expired, terminated, or suspended listings recorded. However, the 33-day average time to lease slightly exceeds the submarket benchmark of 28 days, pointing to a modest leasing deceleration relative to the broader Scarborough North market. Across all three tracked closed transactions, landlords achieved an average premium of $33 per month (1.23% above asking), indicating landlord-favorable negotiation dynamics. Renter options in this building are currently unavailable; prospective tenants should monitor the 97 active listings across the broader Scarborough North submarket for comparable three-bedroom and larger layouts.

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Last Realized Lease

Transaction metrics for the most recently leased suite

3-Bedroom
Lease Amount$2,700/mo
Date LeasedAugust 26, 2026
Rent psf$2.45/sf
Turnover Velocity71 Days
Active Inventory Status0 Available

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 Newhaven Condos (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,875
Avg Leased Size1,233 sf
Avg Days to Lease41d
Leased $/SF$2.41

Leased Transaction Insights & Questions

How many suites were leased at Newhaven Condos last month, and how fast did they rent?

Newhaven Condos at 2050 Bridletowne Circle recorded a 30-day average DOM of 41 days and a 90-day average DOM of 33 days, compared to the Scarborough North submarket benchmark of 28 days. Two leases closed in the trailing 30 days, three in the trailing 90 days, and three over the full tracked lifetime. Leasing cadence is modest and concentrated in large-format suites, with no acceleration signal visible across the 30-, 90-, or 1-year windows.

What is the negotiation spread between asking rents and closed lease prices at Newhaven Condos?

Newhaven Condos closed all three tracked leases at a net premium of $33 per month (1.23% above asking), generating an estimated $396 per year in additional landlord rental revenue. Every single lease in this small sample settled at or above the listed asking price, confirming landlord pricing leverage rather than tenant discounting. This directional indicator reflects a limited sample of three transactions and should be read as a signal of firm landlord positioning rather than a broad statistical benchmark.

What are typical executed lease prices across different layouts at Newhaven Condos?

Newhaven Condos' sole leased layout is the 3-Bedroom+ tier, accounting for 100% of tracked closings at an average of $2,850 per month and a 33-day average DOM. The three-lease sample shows a median of $2,800, a P25–P75 range of $2,800 to $2,875, an average suite size of 1,233 square feet, and a realized rate of $2.32 per square foot. This is a limited sample of three transactions and functions as a directional reference only, not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Newhaven Condos?

Newhaven Condos has no verified leased parking premium to report; the paired data is insufficient to isolate a reliable monthly parking value. Active-listing parking figures are similarly flagged as unreliable due to outlier or sample-size concerns, so no parking dollar figure can be quoted with confidence. Tenants and landlords at this building should treat parking pricing as an individual negotiation point rather than a market-standard add-on.

How does the lease-to-listing ratio at Newhaven Condos reflect current tenant demand?

Newhaven Condos shows a modest upward rent trajectory from June through August 2026, with average realized rents climbing from $2,800 to $2,875 per month. In June, one lease closed at $2,800 per month ($2.15 per square foot) after 18 days on market. In August, two leases closed at $2,875 per month ($2.41 per square foot) after 41 days on market. The higher August rate per square foot reflects a shift toward slightly smaller suite footprints within the same 3-Bedroom+ tier rather than a property devaluation or revaluation.

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)
2026-05-231280013002.15N/A
2026-05-241280013002.151
2026-05-251280013002.152
2026-05-261280013002.153
2026-05-271280013002.154
2026-05-281280013002.155
2026-05-291280013002.156
2026-05-301280013002.157
2026-05-311280013002.158
2026-06-011280013002.159
2026-06-021280013002.1510
2026-06-031280013002.1511
2026-06-041280013002.1512
2026-06-051280013002.1513
2026-06-061280013002.1514
2026-06-071280013002.1515
2026-06-081280013002.1516
2026-06-091280013002.1517
2026-06-161270011002.45N/A
2026-06-171270011002.451
2026-06-181270011002.452
2026-06-191270011002.453
2026-06-201270011002.454
2026-06-211270011002.455
2026-06-221270011002.456
2026-06-231270011002.457
2026-06-241270011002.458
2026-06-251270011002.459
2026-06-261270011002.4510
2026-06-271270011002.4511
2026-06-281270011002.4512
2026-06-291270011002.4513
2026-06-301270011002.4514
2026-07-011270011002.4515
2026-07-021270011002.4516
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2026-07-051270011002.4519
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2026-07-091270011002.4523
2026-07-101270011002.4524
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2026-07-131270011002.4527
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2026-07-171270011002.4531
2026-07-181270011002.4532
2026-07-191270011002.4533
2026-07-201270011002.4534
2026-07-211270011002.4535
2026-07-221270011002.4536
2026-07-231270011002.4537
2026-07-241270011002.4538
2026-07-251270011002.4539
2026-07-261270011002.4540
2026-07-271270011002.4541
2026-07-281270011002.4542
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2026-07-301270011002.4544
2026-07-311270011002.4545
2026-08-011270011002.4546
2026-08-021270011002.4547
2026-08-031270011002.4548
2026-08-041270011002.4549
2026-08-052282512002.3625
2026-08-062282512002.3626
2026-08-072282512002.3627
2026-08-082282512002.3628
2026-08-092282512002.3629
2026-08-102282512002.3630
2026-08-112282512002.3631
2026-08-122282512002.3632
2026-08-132282512002.3633
2026-08-142282512002.3634
2026-08-151270011002.4560
2026-08-161270011002.4561
2026-08-171270011002.4562
2026-08-181270011002.4563
2026-08-191270011002.4564
2026-08-201270011002.4565
2026-08-211270011002.4566
2026-08-221270011002.4567
2026-08-231270011002.4568
2026-08-241270011002.4569
2026-08-251270011002.4570

12-Month Market Dynamics & Trend Trajectory

Newhaven Condos realizes an average rent of $2,850 per month, which sits roughly 18% above the Scarborough North submarket average of $2,415 per month. On a density-adjusted basis, however, the building's $2.32 per square foot trades 30.1% below the submarket's $3.32 per square foot, reflecting the premium size of its 1,233-square-foot average suite relative to the submarket's implied 780-square-foot benchmark. The building commands a rent premium in absolute dollars but a significant per-square-foot discount, a pattern consistent with large-format family suites in a submarket dominated by smaller one- and two-bedroom units. Pricing discipline at Newhaven Condos skews firmly in the landlord's favour. All three tracked leases closed at or above asking, with an average premium of $33 per month (1.23%) that translates to approximately $396 per year in additional rental revenue per unit. No lease in this small sample closed below the listed price, indicating that tenants accepted the landlord's opening number without meaningful pushback on price. This pattern, while based on a limited three-lease sample, points to a building where asking prices are set at or near market-clearing levels and landlords retain the upper hand in final negotiations.

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
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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)
2026-06-071280013002.1518
2026-06-140N/AN/AN/AN/A
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
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-091295013002.2710
2026-08-160N/AN/AN/AN/A
2026-08-231280011002.5571

Nearby Building Rental Comparables & Price Spreads

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

Newhaven Condos at 2050 Bridletowne Circle sits within a tight cluster of four nearby buildings in Scarborough's North submarket, all completed between 1977 and 1988. Two active pricing benchmarks exist: Oaktree Estates at 1250 Bridletowne Circle (0.38 km, built 1977) recorded 2 closed leases over the trailing 180 days, and 1200 Bridletowne Circle Condos at 1200 Bridletowne Circle (0.43 km, built 1977) logged 1 closed lease. The remaining two peers—10 Stonehill Court Condos at 10 Stonehill Court (0.31 km, built 1988) and Skygarden II at 2330 Bridletowne Circ (0.31 km, built 1982)—each recorded zero lease transactions over the same period, serving strictly as architectural and amenity references rather than active pricing benchmarks. The overall comp benchmark across all four nearby buildings averages $2,263 per month in realized rent, $2.61 per square foot, and 868 square feet of interior space. Newhaven Condos' realized lease average of $2,850 per month and 1,233 square feet positions it well above the comp set in both nominal rent and total footprint scale, while its $2.32 per square foot rate sits at a meaningful discount to the $2.61 comp average. Built in 1978, the building's age aligns with the 1977–1988 construction window of its immediate peers, but its no-frills, amenity-free operational model differentiates it sharply from the lifestyle-rich profiles of every nearby competitor.

10 Stonehill Court, Scarborough

Avg Asking$2,839/mo
Avg $/SF$2.76
Rent Spread:
N/A

1250 Bridletowne Circle, Scarborough

Avg Asking$2,650/mo
Avg $/SF$2.68
Rent Spread:
N/A

1200 Bridletowne Circle, Scarborough

Avg Asking$2,100/mo
Avg $/SF$2.63
Rent Spread:
N/A

3151 Bridletowne Circ, Scarborough

Avg Asking$3,250/mo
Avg $/SF$2.31
Rent Spread:
N/A

3131 Bridletowne Circ, Scarborough

Avg Asking$2,625/mo
Avg $/SF$2.20
Rent Spread:
N/A

65 Huntingdale Blvd, Scarborough

Avg Asking$3,350/mo
Avg $/SF$4.96
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Newhaven Condos compare to neighbouring buildings within Scarborough North?

Newhaven Condos realizes an average lease rent of $2,850 per month, which is $587 above the overall comp benchmark of $2,263 and names Oaktree Estates and 1200 Bridletowne Circle Condos as its primary active competitors. Oaktree Estates at 1250 Bridletowne Circle (0.38 km away) recorded 2 closed leases at an average of $2,425 per month, $2.59 per square foot, and 935 square feet. 1200 Bridletowne Circle Condos at 1200 Bridletowne Circle (0.43 km away) logged 1 closed lease at $2,100 per month, $2.63 per square foot, and 800 square feet. Both 10 Stonehill Court Condos (0.31 km) and Skygarden II (0.31 km) recorded zero closed leases over the trailing 180 days and therefore carry no realized rent benchmark for direct comparison.

Does Newhaven Condos offer a competitive price-per-square-foot ($/SF) against local comparables?

Newhaven Condos leases at $2.32 per square foot for an average 1,233-square-foot suite, trading at a discount below both active nearby alternatives while providing substantially more interior space. Against Oaktree Estates ($2.59 per square foot, 935 sq ft), the subject trades at a $0.27 per square foot discount (10.4% lower) yet delivers 298 more square feet of living area; the higher nominal rent of $425 per month is driven entirely by the larger footprint rather than a per-square-foot premium. Against 1200 Bridletowne Circle Condos ($2.63 per square foot, 800 sq ft), the subject offers an $0.31 per square foot discount (11.8% lower) with 433 additional square feet, and the $750-per-month rent differential again reflects the expanded interior volume rather than asset-level pricing power.

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

Newhaven Condos provides no common lifestyle or recreational facilities whatsoever, operating as a no-frills, low-maintenance residential building that appeals to cost-conscious renters over amenity-rich peers. Every nearby competitor—Oaktree Estates with its gym, sauna, tennis court, and party room; 1200 Bridletowne Circle Condos with concierge, gym, and sauna; 10 Stonehill Court Condos with an indoor pool, pickleball court, and pet wash station; and Skygarden II with dual pools, a golf driving range, yoga studio, and library—offers layered lifestyle programming that the subject simply does not match. The absence of any amenity infrastructure means tenants forgo shared recreational spending but also avoid associated condo fees, making Newhaven Condos best suited to budget-sensitive families and long-term renters who prioritize a large, private 1,233-square-foot interior over communal facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Newhaven Condos.

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Newhaven Condos.

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.