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Market Data as of September 30, 2026

Presto Towns — Rental Market Data

245 Mclevin Avenue, Scarborough, Ontario M1B 1E7
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,450/mo
Date Leased: July 13, 2026
Rent psf$1.88/sf
Turnover Velocity110 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed2023
Total Suites298
DeveloperAmbria Homes

Presto Towns is a residential community located in Scarborough, Ontario. Completed in 2023, the property features an estimated 298 suites. The building currently features no active rental listings on record as of September 30, 2026.

Looking to compare? Explore more buildings in Scarborough East
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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$2,450/mo
Date LeasedJuly 13, 2026
Rent psf$1.88/sf
Turnover Velocity110 Days
Active Inventory Status0 Available

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)
2026-04-271245013001.8833
2026-04-281245013001.8834
2026-04-291245013001.8835
2026-04-301245013001.8836
2026-05-011245013001.8837
2026-05-021245013001.8838
2026-05-031245013001.8839
2026-05-041245013001.8840
2026-05-051245013001.8841
2026-05-061245013001.8842
2026-05-071245013001.8843
2026-05-081245013001.8844
2026-05-091245013001.8845
2026-05-101245013001.8846
2026-05-111245013001.8847
2026-05-121245013001.8848
2026-05-131245013001.8849
2026-05-141245013001.8850
2026-05-151245013001.8851
2026-05-161245013001.8852
2026-05-171245013001.8853
2026-05-181245013001.8854
2026-05-191245013001.8855
2026-05-201245013001.8856
2026-05-211245013001.8857
2026-05-221245013001.8858
2026-05-231245013001.8859
2026-05-241245013001.8860
2026-05-251245013001.8861
2026-05-261245013001.8862
2026-05-271245013001.8863
2026-05-281245013001.8864
2026-05-291245013001.8865
2026-05-301245013001.8866
2026-05-311245013001.8867
2026-06-011245013001.8868
2026-06-021245013001.8869
2026-06-031245013001.8870
2026-06-041245013001.8871
2026-06-051245013001.8872
2026-06-061245013001.8873
2026-06-071245013001.8874
2026-06-081245013001.8875
2026-06-091245013001.8876
2026-06-101245013001.8877
2026-06-111245013001.8878
2026-06-121245013001.8879
2026-06-131245013001.8880
2026-06-141245013001.8881
2026-06-151245013001.8882
2026-06-161245013001.8883
2026-06-171245013001.8884
2026-06-181245013001.8885
2026-06-191245013001.8886
2026-06-201245013001.8887
2026-06-211245013001.8888
2026-06-221245013001.8889
2026-06-231245013001.8890
2026-06-241245013001.8891
2026-06-251245013001.8892
2026-06-261245013001.8893
2026-06-271245013001.8894
2026-06-281245013001.8895
2026-06-291245013001.8896
2026-06-301245013001.8897
2026-07-011245013001.8898
2026-07-021245013001.8899
2026-07-031245013001.88100
2026-07-041245013001.88101
2026-07-051245013001.88102
2026-07-061245013001.88103
2026-07-071245013001.88104
2026-07-081245013001.88105
2026-07-091245013001.88106
2026-07-101245013001.88107
2026-07-111245013001.88108
2026-07-121245013001.88109

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Presto Towns reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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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
Max 2 selected
Show min/max boundaries

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)
2026-07-121240013001.85110

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at Presto Towns with 6 tracked residential buildings in the immediate vicinity.

Carriage House II451 m

99 Blackwell Avenue, Scarborough

Avg Asking$2,300/mo
Avg $/SF$2.46
Rent Spread:
N/A
Carriage House536 m

10 Tapscott Road, Scarborough

Avg Asking$2,283/mo
Avg $/SF$2.95
Rent Spread:
N/A
Mayfair on the Green I547 m

400 McLevin Ave, Scarborough

Avg Asking$2,333/mo
Avg $/SF$2.59
Rent Spread:
N/A
Mayfair on the Green II565 m

410 McLevin Ave, Scarborough

Avg Asking$2,610/mo
Avg $/SF$2.52
Rent Spread:
N/A
Mayfair on the Green III602 m

430 McLevin Ave, Scarborough

Avg Asking$2,400/mo
Avg $/SF$2.53
Rent Spread:
N/A
100 Wingarden Court Condominium625 m

100 Wingarden Court, Scarborough

Avg Asking$2,538/mo
Avg $/SF$2.33
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Presto Towns compare to neighbouring buildings within Scarborough East?

At $0/month ($0.00/SF), Presto Towns maintains a competitive market position compared to surrounding properties.

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

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Presto Towns and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Presto Towns.

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

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

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.