Camargue — Rental Market Data

Camargue's average realized lease rent of $2,669 per month runs $82 above the four-comparable benchmark of $2,587, positioning the building slightly premium in this immediate Bonis Avenue pocket. Against individual peers, the spread varies by suite size: Legends at Tam O'Shanter (238 Bonis Ave, 0.16 km, 6 closed leases) averaged $2,496 per month at $2.41 per square foot across 1,058 square feet, meaning Camargue commands a $173-per-month higher rent; Tam O'Shanter Highlands II (228 Bonis Ave, 0.25 km, 1 closed lease) averaged $3,200 per month at $2.13 per square foot across 1,500 square feet, placing Camargue $531 per month lower; Joy Condos (195 Bonis Ave, 0.28 km, 12 closed leases) averaged $2,397 per month at $3.53 per square foot across 683 square feet, with Camargue $272 per month higher; and Love Condominiums (185 Bonis Ave, 0.33 km, 13 closed leases) averaged $2,254 per month at $3.43 per square foot across 669 square feet, with Camargue $415 per month higher. All four comparables recorded at least one closed lease transaction in the trailing 180 days, so every figure above reflects realized pricing rather than asking-only data.

Camargue leases at $2.73 per square foot across an average 980-square-foot suite, a rate that sits below the four-comparable average of $2.88 per square foot and well under the 2015–2018 cohort's $3.43–$3.53 per square foot, while delivering more interior space than both newer buildings. Against Joy Condos (195 Bonis Ave, 0.28 km), the subject trades at a $0.80 per square foot (22.7%) discount and provides 297 more interior square feet, so the $272-per-month higher nominal rent is driven entirely by the larger footprint rather than a per-unit premium. The same logic applies to Love Condominiums (185 Bonis Ave, 0.33 km), where Camargue offers a $0.70 per square foot (20.4%) discount and 311 more square feet, yet still carries a $415-per-month higher total rent because the extra space adds absolute cost. On the other side of the ledger, Legends at Tam O'Shanter (238 Bonis Ave, 0.16 km) shows the subject commanding a $0.32 per square foot (13.3%) premium while providing 78 fewer square feet, and Tam O'Shanter Highlands II (228 Bonis Ave, 0.25 km) shows a $0.60 per square foot (28.2%) premium with 520 fewer square feet—here the lower nominal rent at Highlands II is a function of its 1,500-square-foot layout diluting the per-unit rate, not a cheaper asset. In short, Camargue's mid-range per-square-foot pricing paired with a near-average footprint makes it the most balanced cost-per-space option in this cluster for renters prioritizing value over either maximum square footage or the newest building systems.

Camargue's nine-amenity package—anchored by an outdoor pool, a car wash bay, and a library and reading room—differentiates it from every nearby competitor, none of which offers an outdoor aquatic facility or an on-site vehicle wash. Legends at Tam O'Shanter (238 Bonis Ave) and Tam O'Shanter Highlands II (228 Bonis Ave) both feature indoor pools, hot tubs or jacuzzis, and meeting rooms that Camargue lacks, while Joy Condos (195 Bonis Ave) and Love Condominiums (185 Bonis Ave) add yoga studios, BBQ areas, garden courtyards, and tai chi spaces absent from the subject's roster. Camargue's rooftop terrace, sauna and steam room, gym, party lounge, games room, and concierge security are shared across the peer set, so the true lifestyle divergence centres on the outdoor pool for warm-weather recreation, the car wash bay for daily convenience, and the dedicated library for quiet work or study. This combination best serves practical, family-oriented renters and young professionals in Scarborough North who value outdoor summer programming, vehicle-maintenance convenience, and a low-key social environment over the indoor-resort amenity stacks of the 2015–2018 cohort.