Market Data as of August 31, 2026
Cliffside Apartments — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Cliffside Apartments at 2382 Kingston Road in Scarborough South, developed by Beachco Real Estate Holdings Ltd. and completed in 2024, comprises 39 suites. As of August 31, 2026, one unit is actively listed, giving the building a 2.6% availability rate and placing it at 1 of 4 available listings in the submarket. Recent leasing activity shows two closed leases in both the trailing 30-day and 90-day windows, each clearing in an average of 32 days on market.
The single active listing asks $1,995 per month for 400 square feet, equating to $4.99 per square foot—materially higher than the $3.44 per square foot realized across tracked historical leases. This rate premium is offset by a notably compact footprint: the active suite is 333 square feet smaller than the 733-square-foot average seen in past closed transactions. Against the Scarborough South submarket asking benchmark of $3.12 per square foot, Cliffside's active rate sits roughly 60% above the neighbourhood norm, a gap driven entirely by the reduced suite size rather than any luxury positioning.
Marketing friction appears minimal, with the active listing averaging just 4 days on market compared to the submarket's 35-day average, and closed leases clearing in 32 days—both well under the broader benchmark. Across all tracked closed transactions, final rents landed a marginal $7 per month (0.96%) above initial asking, leaving virtually no negotiation room for prospective tenants. With only one unit available and no delisted or expired listings on record, inventory depth is effectively limited to this single 1-bedroom option; renters seeking alternatives should look to the three other active listings across Scarborough South.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Cliffside Apartments as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Cliffside Apartments recently?
Cliffside Apartments has one unit actively listed as of August 31, 2026, asking $1,995 per month with both the average and median at that same figure. The sole listing is a 400-square-foot 1-bedroom priced at $4.99 per square foot, representing 100% of the building's available inventory. Current stock leans squarely toward compact entry-level suites, with no multi-bedroom or executive layouts on the market.
What floor plans and unit layouts are currently available at Cliffside Apartments?
The dominant and only active layout at Cliffside Apartments is the 1-bedroom, with a single listing accounting for 100% of available inventory. That one unit offers 400 square feet at $1,995 per month, or $4.99 per square foot, and no other bedroom tiers are currently listed. Renter choice within the building is therefore limited to this single compact option.
What is the average asking rent and $/SF by suite size at Cliffside Apartments?
Cliffside Apartments shows a single active asking rent of $1,995 per month, meaning the minimum and maximum are identical with a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same 1-bedroom unit at 400 square feet and $4.99 per square foot, so no tiered pricing comparison is possible from current inventory.
How much extra do parking spaces and dens cost at Cliffside Apartments?
Den premium data for Cliffside Apartments cannot be quantified due to an insufficient paired sample, and active parking premiums also cannot be reliably isolated from the available transaction record. Historical closed leases do confirm a verified parking add-on of $350 per month, but that figure reflects past transactions rather than current active listings and should not be treated as a guaranteed add-on for the one unit now on the market.
How do asking rents at Cliffside Apartments compare to local and municipal benchmarks?
Cliffside Apartments' active asking rent of $1,995 per month sits below the Scarborough South submarket average asking of $2,424, yet the $4.99 per square foot rate is approximately 60% above the submarket asking benchmark of $3.12 per square foot. The nominal rent gap resolves through suite size: the active unit's 400 square feet is 377 square feet smaller than the submarket implied average of 777 square feet, compressing the monthly figure while inflating the per-square-foot rate. The building holds 1 of 4 active listings in the submarket, representing 25% of currently available inventory.
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 Cliffside Apartments (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Cliffside Apartments last month, and how fast did they rent?
Cliffside Apartments closed 2 leases in the trailing 30 days at an average DOM of 32 days, beating the Scarborough South submarket benchmark of 35 days. The 90-day window captures the same 2 closings, confirming no additional transactions in the prior two months. Lifetime volume totals 3 leases since the May 2024 registration, with the May 2026 deal requiring 233 days to lease. Leasing cadence accelerated sharply from a single slow-turning spring closing to two rapid August transactions.
What is the negotiation spread between asking rents and closed lease prices at Cliffside Apartments?
Cliffside Apartments tenants paid an average premium of $7 per month (0.96% above asking) across all tracked leases, generating $84 per year in additional landlord rental revenue. This reflects landlord pricing leverage where units settled at or above the listed rate in a submarket with only 4 active competing listings. All 3 lifetime leases closed at or above asking, confirming consistent landlord positioning and zero concession events.
What are typical executed lease prices across different layouts at Cliffside Apartments?
The 1-Bedroom layout anchors Cliffside Apartments leasing with 2 of 3 lifetime closings at an average $2,060 per month and 131 days on market. This is a limited sample of 2 closed leases and serves as a directional indicator only. The 3-Bedroom+ tier recorded a single transaction at $3,100 per month across 1,100 square feet at $2.82 per square foot, leasing in 36 days. That 3-Bedroom+ figure represents an individual single transaction, not a broad statistical benchmark. The 1-Bedroom P25-P75 range spans $1,972 to $2,148 per month across an average 550-square-foot footprint at $3.75 per square foot.
What measurable rent premium did suites with parking achieve in closed leases at Cliffside Apartments?
Cliffside Apartments realized a verified parking premium of $350 per month bundled into lease agreements. Active listing data does not provide a reliable standalone parking rate due to insufficient paired samples and anomalous outliers. The verified $350 figure reflects what tenants actually paid for parking access within the 39-suite building, and it stands as the only confirmed parking data point in this dataset.
How does the lease-to-listing ratio at Cliffside Apartments reflect current tenant demand?
Cliffside Apartments rents rose from $1,885 in May 2026 to $2,668 in August 2026, driven by suite size rather than rate inflation. May 2026 saw 1 closing at $1,885 per month, $3.43 per square foot, and 233 days on market. August 2026 recorded 2 closings at $2,668 per month, $3.44 per square foot, and 32 days on market. The nominal rent increase reflects larger suite footprints in August rather than a property rate adjustment, as the per-square-foot rate held steady at approximately $3.44.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 1 | 2000 | 550 | 3.64 | 202 |
| 2026-04-28 | 1 | 2000 | 550 | 3.64 | 203 |
| 2026-04-29 | 1 | 2000 | 550 | 3.64 | 204 |
| 2026-04-30 | 1 | 2000 | 550 | 3.64 | 205 |
| 2026-05-01 | 1 | 2000 | 550 | 3.64 | 206 |
| 2026-05-02 | 1 | 2000 | 550 | 3.64 | 207 |
| 2026-05-03 | 1 | 2000 | 550 | 3.64 | 208 |
| 2026-05-04 | 1 | 2000 | 550 | 3.64 | 209 |
| 2026-05-05 | 1 | 2000 | 550 | 3.64 | 210 |
| 2026-05-06 | 1 | 2000 | 550 | 3.64 | 211 |
| 2026-05-07 | 1 | 2000 | 550 | 3.64 | 212 |
| 2026-05-08 | 1 | 2000 | 550 | 3.64 | 213 |
| 2026-05-09 | 1 | 2000 | 550 | 3.64 | 214 |
| 2026-05-10 | 1 | 2000 | 550 | 3.64 | 215 |
| 2026-05-11 | 1 | 2000 | 550 | 3.64 | 216 |
| 2026-05-12 | 1 | 2000 | 550 | 3.64 | 217 |
| 2026-05-13 | 1 | 2000 | 550 | 3.64 | 218 |
| 2026-05-14 | 1 | 2000 | 550 | 3.64 | 219 |
| 2026-05-15 | 1 | 2000 | 550 | 3.64 | 220 |
| 2026-05-16 | 1 | 2000 | 550 | 3.64 | 221 |
| 2026-05-17 | 1 | 2000 | 550 | 3.64 | 222 |
| 2026-05-18 | 1 | 2000 | 550 | 3.64 | 223 |
| 2026-05-19 | 1 | 2000 | 550 | 3.64 | 224 |
| 2026-05-20 | 1 | 2000 | 550 | 3.64 | 225 |
| 2026-05-21 | 1 | 2000 | 550 | 3.64 | 226 |
| 2026-05-22 | 1 | 2000 | 550 | 3.64 | 227 |
| 2026-05-23 | 1 | 2000 | 550 | 3.64 | 228 |
| 2026-05-24 | 1 | 2000 | 550 | 3.64 | 229 |
| 2026-05-25 | 1 | 2000 | 550 | 3.64 | 230 |
| 2026-05-26 | 1 | 2000 | 550 | 3.64 | 231 |
| 2026-05-27 | 1 | 2000 | 550 | 3.64 | 232 |
| 2026-07-06 | 1 | 2000 | 550 | 3.64 | N/A |
| 2026-07-07 | 1 | 2000 | 550 | 3.64 | 1 |
| 2026-07-08 | 2 | 2600 | 825 | 3.27 | 1 |
| 2026-07-09 | 2 | 2600 | 825 | 3.27 | 2 |
| 2026-07-10 | 2 | 2600 | 825 | 3.27 | 3 |
| 2026-07-11 | 2 | 2600 | 825 | 3.27 | 4 |
| 2026-07-12 | 2 | 2600 | 825 | 3.27 | 5 |
| 2026-07-13 | 2 | 2600 | 825 | 3.27 | 6 |
| 2026-07-14 | 2 | 2600 | 825 | 3.27 | 7 |
| 2026-07-15 | 2 | 2600 | 825 | 3.27 | 8 |
| 2026-07-16 | 2 | 2600 | 825 | 3.27 | 9 |
| 2026-07-17 | 2 | 2600 | 825 | 3.27 | 10 |
| 2026-07-18 | 2 | 2600 | 825 | 3.27 | 11 |
| 2026-07-19 | 2 | 2600 | 825 | 3.27 | 12 |
| 2026-07-20 | 2 | 2600 | 825 | 3.27 | 13 |
| 2026-07-21 | 2 | 2600 | 825 | 3.27 | 14 |
| 2026-07-22 | 2 | 2600 | 825 | 3.27 | 15 |
| 2026-07-23 | 2 | 2600 | 825 | 3.27 | 16 |
| 2026-07-24 | 2 | 2600 | 825 | 3.27 | 17 |
| 2026-07-25 | 2 | 2600 | 825 | 3.27 | 18 |
| 2026-07-26 | 2 | 2600 | 825 | 3.27 | 19 |
| 2026-07-27 | 2 | 2600 | 825 | 3.27 | 20 |
| 2026-07-28 | 2 | 2600 | 825 | 3.27 | 21 |
| 2026-07-29 | 2 | 2600 | 825 | 3.27 | 22 |
| 2026-07-30 | 2 | 2600 | 825 | 3.27 | 23 |
| 2026-07-31 | 2 | 2600 | 825 | 3.27 | 24 |
| 2026-08-01 | 2 | 2600 | 825 | 3.27 | 25 |
| 2026-08-02 | 2 | 2600 | 825 | 3.27 | 26 |
| 2026-08-03 | 1 | 3200 | 1100 | 2.91 | 26 |
| 2026-08-04 | 1 | 3200 | 1100 | 2.91 | 27 |
| 2026-08-05 | 1 | 3200 | 1100 | 2.91 | 28 |
| 2026-08-06 | 1 | 3200 | 1100 | 2.91 | 29 |
| 2026-08-07 | 1 | 3200 | 1100 | 2.91 | 30 |
| 2026-08-08 | 1 | 3200 | 1100 | 2.91 | 31 |
| 2026-08-09 | 1 | 3200 | 1100 | 2.91 | 32 |
| 2026-08-10 | 1 | 3200 | 1100 | 2.91 | 33 |
| 2026-08-11 | 1 | 3200 | 1100 | 2.91 | 34 |
| 2026-08-12 | 1 | 3200 | 1100 | 2.91 | 35 |
| 2026-08-27 | 1 | 1995 | 400 | 4.99 | N/A |
| 2026-08-28 | 1 | 1995 | 400 | 4.99 | 1 |
| 2026-08-29 | 1 | 1995 | 400 | 4.99 | 2 |
| 2026-08-30 | 1 | 1995 | 400 | 4.99 | 3 |
| 2026-08-31 | 1 | 1995 | 400 | 4.99 | 4 |
12-Month Market Dynamics & Trend Trajectory
Cliffside Apartments realized an average rent of $2,407 per month and $3.44 per square foot across 3 lifetime leases, sitting 3.7% below the Scarborough South submarket average lease rent of $2,499 but commanding a 12.4% premium on a per-square-foot basis over the submarket's $3.06 rate. The active 400-square-foot listing asks $4.99 per square foot, a 59.9% premium over the submarket asking rate of $3.12, though this reflects a suite 377 square feet smaller than the submarket implied average of 777 square feet rather than true rate inflation. Pricing discipline at Cliffside Apartments favours the landlord side, with all 3 tracked leases closing at or above asking and an average premium of $7 per month (0.96%) translating to $84 per year in additional rental revenue. No lease closed below the listed rate, indicating zero tenant concession events and a tight submarket where only 4 active competing listings exist. The 2.6% availability rate across the 39-suite building reinforces that landlords hold firm on pricing in this Scarborough South micro-market.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-24 | 1 | 1885 | 550 | 3.43 | 233 |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 1 | 2235 | 550 | 4.06 | 28 |
| 2026-08-09 | 1 | 3100 | 1100 | 2.82 | 36 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Cliffside Apartments at 2382 Kingston Road sits within a tight 2.4-to-2.8-kilometer radius of four registered competitors in the Scarborough South submarket, all of which recorded closed lease transactions over the trailing 180 days. The Towns on Danforth (41 Danforth Road, 2.39 km, completed 2020) logged a single lease transaction, while The Manderley (2 Manderley Drive, 2.59 km, completed 2024) closed six leases, LINEA Condos (20 Deans Drive, 2.71 km, completed 2025) recorded 36 closed leases, and Linea (743 Warden Avenue, 2.79 km, completed 2025) closed six. The peer set spans a five-year completion window from 2020 to 2025, with Cliffside's 2024 build placing it alongside The Manderley in the same construction cohort and one generation ahead of the 2025 LINEA properties. Against the four-comp benchmark of $2,256 average rent, $3.37 per square foot, and 677 average square feet, Cliffside Apartments positions itself above each metric: its realized lease average of $2,407 per month runs $151 higher than the comp mean, its $3.44 per square foot rate sits a full $0.07 above the peer average, and its 733-square-foot typical suite exceeds the comp mean by 56 square feet. The building's 39-suite scale is modest relative to the larger LINEA towers nearby, yet its footprint advantage over three of four competitors means the higher nominal rent reflects genuine interior space rather than a rate inflation premium.
Comparable Analysis & Questions
How do rental rates at Cliffside Apartments compare to neighbouring buildings within Scarborough South?
Cliffside Apartments realizes an average lease rent of $2,407 per month, which is $151 above the four-comp benchmark of $2,256 and positions the building at the upper end of its immediate Scarborough South peer set. The Towns on Danforth (41 Danforth Road, 2.39 km) recorded one closed lease at an average of $2,449 per month, $3.27 per square foot, and 750 square feet, placing the subject $42 below that single-transaction benchmark. The Manderley (2 Manderley Drive, 2.59 km) closed six leases averaging $2,008 per month at $3.38 per square foot across 600 square feet, meaning the subject commands a $399-per-month higher rent. LINEA Condos (20 Deans Drive, 2.71 km) generated 36 closed leases at $2,228 per month, $3.57 per square foot, and 633 square feet, with the subject trading $179 above that figure. Linea (743 Warden Avenue, 2.79 km) closed six leases at $2,337 per month, $3.24 per square foot, and 725 square feet, placing the subject $70 higher. All four competitors recorded active lease volume, so no zero-transaction reference buildings factor into this rent comparison.
Does Cliffside Apartments offer a competitive price-per-square-foot ($/SF) against local comparables?
Cliffside Apartments leases at $3.44 per square foot across an average 733-square-foot suite, a combination that places the building above the comp average of $3.37 per square foot and 677 square feet while delivering more interior space than three of four nearby alternatives. Against The Towns on Danforth, the subject commands a $0.17 per square foot (5.2%) premium yet provides 17 fewer interior square feet, so the $42 lower nominal rent is a footprint effect rather than a rate concession. Versus The Manderley, the subject carries a $0.06 per square foot (1.8%) premium and 133 more square feet, driving the $399 higher monthly rent through both rate and space. Against LINEA Condos, the subject trades at a $0.13 per square foot (3.6%) discount while providing 100 more interior square feet; the $179 higher nominal rent is therefore entirely a function of the larger suite footprint, not a per-unit valuation premium. Linea at 743 Warden Avenue shows the subject commanding a $0.20 per square foot (6.2%) premium with 8 additional square feet, producing the $70 higher rent.
How do building age, amenities, and developer reputation impact rent spreads?
Cliffside Apartments offers a six-feature lifestyle package—Concierge & Security, Gym & Fitness Centre, Yoga Studio, Party & Lounge Room, Garden & Courtyard, and Rooftop Terrace—that overlaps substantially with its 2024-to-2025 peer cohort while distinguishing itself through the inclusion of a dedicated Garden & Courtyard absent from every named competitor. The Towns on Danforth provides no common lifestyle or recreational facilities whatsoever, operating as a bare-bones residential building with zero amenity infrastructure. The Manderley, LINEA Condos, and Linea each carry broader amenity rosters that include Business Centres, Meeting Rooms, Dining Rooms, BBQ Areas, and Kids' Play Rooms, features Cliffside does not replicate. Conversely, Cliffside's Garden & Courtyard is a signature differentiator no competitor in this set offers, and its Rooftop Terrace and Yoga Studio pair with the outdoor courtyard to create a wellness-and-outdoor-recreation theme that the indoor-program-heavy Manderley and LINEA properties do not match. This package best serves young professionals and couples in their late twenties to mid-thirties who prioritize a low-maintenance, socially oriented living environment with outdoor green space over the family-oriented playrooms and business facilities that dominate the adjacent 2025 towers.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Cliffside Apartments.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Yoga Studio
- Party & Lounge Room
- Garden & Courtyard
- Rooftop Terrace
Residential Buildings in the Vicinity
- Haven On The Bluffs382 m
- 2224a Kingston Road459 m
- Merge558 m
- Imagine Condos1.3 km
- The Bluffs1.5 km
- Greystone Walk III1.7 km
- The Bluffs1.8 km
- Greystone Walk II1.8 km
- Greystone Walk I2.0 km
- Terrace on Danforth2.4 km
- The Towns on Danforth2.4 km
- The Manderley2.6 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Cliffside Apartments.
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.
