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Market Data as of August 31, 2026

Scala — Rental Market Data

25 Adra Grado Way, North York, Ontario M2J 1Z6
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
1-Bedroom + Den
3
$2,467
2-Bedroom
3
$3,950

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2022
Total Suites499
DeveloperTridel

Scala at 25 Adra Grado Way in North York's Don Valley North submarket is a 499-suite residential tower completed in 2022 by Tridel. The building currently holds six active listings, representing a 1.2 percent availability rate across its full inventory. Leasing activity remains steady: five leases closed in the past 30 days at an average of $3,750 per month with a 51-day average time on market, while the broader 90-day window shows 21 closed leases averaging $2,937 per month and a 28-day average DOM.

Active asking rents at Scala average $3,208 per month and $3.74 per square foot across an average suite size of 873 square feet. Realized 90-day leases came in at $2,937 per month and $3.90 per square foot, indicating that current listings skew toward larger footprints than the units recently leased. Against the Don Valley North submarket asking benchmark of $3.93 per square foot, Scala's active inventory prices 4.8 percent below the neighborhood rate per square foot, offering a more competitive unit pricing despite the higher nominal monthly outlay.

Marketing friction at Scala is minimal. Zero units were delisted during the tracking period, and the 30-day closed leases carried a 51-day average DOM compared to the building's lifetime average of 30 days, suggesting a modest uptick in time-to-lease over the most recent month. Tenants hold negotiating leverage: 44.8 percent of leases closed below asking, with an average concession of $53 per month or roughly 1.62 percent below the listed rate, translating to approximately $636 in annual savings. Active inventory splits evenly between two layout tiers—three one-bedroom-plus-den units and three two-bedroom units—giving renters a small but balanced selection across both compact and expanded floor plans.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Scala as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units6
+1 (20.0%)
Avg Asking Rent$3,208
+$118 (3.8%)
Avg Suite Size873 sf
+33 sf (3.9%)
Avg Days on Market34d
-15d (29.9%)
Avg Asking $/SF$3.74
-$0.01 (0.4%)

Active Market Insights & Questions

How has rental availability changed at Scala recently?

Scala at 25 Adra Grado Way carries six active listings as of August 31, 2026, with asking rents ranging from $2,400 to $5,200 per month, an average of $3,208, and a median of $2,650. The average suite in current availability measures 873 square feet at an asking rate of $3.74 per square foot. Inventory is evenly divided between one-bedroom-plus-den and two-bedroom layouts, with no zero-bedroom or three-bedroom units currently on the market, placing the active mix squarely in the mid-range family and professional renter segment rather than ultra-compact entry-level stock.

What floor plans and unit layouts are currently available at Scala?

The dominant active layout at Scala is the one-bedroom-plus-den, accounting for three of six listings and a 50 percent share of available inventory. One-bedroom-plus-den units average $2,467 per month across 629 square feet at $3.93 per square foot, while two-bedroom units also hold three listings at a 50 percent share, averaging $3,950 per month across 1,117 square feet at $3.56 per square foot. Both tiers offer a small selection of three units each, so renters in either category face limited but non-trivial choice.

What is the average asking rent and $/SF by suite size at Scala?

Scala's six active listings span a $2,800 spread from a minimum entry rent of $2,400 to a peak asking rent of $5,200 per month, a 116.7 percent range. The median asking rent sits at $2,650 per month, anchoring the lower half of the distribution. The entry-level suite is a one-bedroom-plus-den measuring 650 square feet at $3.69 per square foot, while the peak listing is a two-bedroom unit of 1,500 square feet priced at $3.47 per square foot, reflecting a premium for expanded living space rather than a higher unit rate.

How much extra do parking spaces and dens cost at Scala?

Active den premiums at Scala cannot be reliably quantified from current listings, as the paired sample is insufficient to isolate a consistent dollar delta or marginal cost per square foot for the den component. Parking stall costs likewise cannot be reliably isolated from active inventory due to an unreliable or insufficient paired sample. However, verified historical lease data establishes a parking benchmark of $317 per month, which serves as a reasonable reference point for budgeting purposes.

How do asking rents at Scala compare to local and municipal benchmarks?

Scala's active asking rent of $3,208 per month exceeds the Don Valley North submarket average of $2,608, yet the building's rate of $3.74 per square foot sits 4.8 percent below the submarket asking benchmark of $3.93 per square foot. The higher nominal monthly outlay is driven by larger average suite sizing—873 square feet at Scala versus the submarket's implied smaller footprint—rather than a premium unit price. Scala's six active listings represent approximately 2.7 percent of the 225 total active listings across the Don Valley North submarket, positioning the building as a modest but meaningful share of neighborhood availability.

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

Units Leased5
Avg Leased Price$3,750
Avg Leased Size779 sf
Avg Days to Lease51d
Leased $/SF$3.66

Leased Transaction Insights & Questions

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

Scala at 25 Adra Grado Way in North York closed leases in 51 days on average over the trailing 30 days, compared to a 28-day average over the prior 90 days and a 30-day lifetime benchmark, against a Don Valley North submarket norm of 29 days. The building recorded 5 closed leases in the last 30 days, 21 in the last 90 days, and 29 over the full trailing year, indicating leasing turnover moderated sharply as summer progressed. The jump from a 28-day to a 51-day DOM in the most recent month signals slowing tenant velocity heading into late August.

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

Scala tenants negotiated an average discount of $53 per month (1.62% below asking), translating to $636 in annual savings per unit. Forty-four point eight percent of all 29 tracked leases closed under the listed asking price, confirming consistent tenant leverage in this building. Landlords at Scala are conceding on price rather than holding firm, a pattern that reflects soft demand relative to the building's asking levels in the Don Valley North submarket.

What are typical executed lease prices across different layouts at Scala?

The two highest-volume anchor layouts at Scala are the 1-Bedroom + Den (8 leases, averaging $2,460 per month over 25 days on market) and the 1-Bedroom (6 leases, averaging $2,075 per month over 31 days). The 2-Bedroom tier closed 6 leases at an average of $2,933 per month, a median of $2,875, with a P25-P75 range of $2,800 to $3,062 across an average 823 square foot suite at $3.58 per square foot and 37 days on market. The 2-Bedroom + Den tier represents a limited sample of 4 leases (directional reference only), averaging $3,238 per month with a median of $3,325, a P25-P75 range of $3,138 to $3,425, an average 938 square foot footprint at $3.48 per square foot, and 14 days on market. The 3-Bedroom+ tier is a small sample of 3 leases (directional reference only), averaging $5,700 per month with a median of $5,950, a P25-P75 range of $5,550 to $5,975, an average 1,727 square foot suite at $3.32 per square foot, and 45 days on market. The Studio tier is a small sample of 2 leases (directional reference only), averaging $1,763 per month with a median of $1,762, a P25-P75 range of $1,756 to $1,769, an average 400 square foot suite at $4.41 per square foot, and 32 days on market.

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

Scala's verified leased parking premium is $317 per month, confirming that parking is a meaningful add-on cost for tenants in this building. Parking appears bundled into larger suites, as the 2-Bedroom and 3-Bedroom+ tiers carry the highest average rents where parking inclusion is standard. Active asking parking data at Scala is unreliable due to insufficient paired samples, so no definitive comparison between asking and realized parking rates can be drawn at this time.

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

Scala's rent trajectory across the tracked spring-to-summer timeline shows significant volatility, with average rents swinging from $2,218 in July to $3,750 in August. In April, 4 leases closed at an average of $2,913 per month, $3.52 per square foot, and 13 days on market. In May, 4 leases closed at an average of $2,495 per month, $4.12 per square foot, and 53 days on market. In June, 6 leases closed at an average of $3,458 per month, $3.56 per square foot, and 20 days on market. In July, 10 leases closed at an average of $2,218 per month, $4.22 per square foot, and 22 days on market. In August, 5 leases closed at an average of $3,750 per month, $3.66 per square foot, and 51 days on market.

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
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Chart Metrics
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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)
2026-04-27625306354.0631
2026-04-28525366324.1134
2026-04-29425706254.2339
2026-04-30425706254.2340
2026-05-01425706254.2341
2026-05-02425706254.2342
2026-05-03425706254.2343
2026-05-04425706254.2344
2026-05-05326006174.3640
2026-05-06326006174.3641
2026-05-07326006174.3642
2026-05-08326006174.3643
2026-05-09222505004.6045
2026-05-10222505004.6046
2026-05-11222505004.6047
2026-05-12222505004.6048
2026-05-13120504005.1375
2026-05-14120504005.1376
2026-05-15430008003.9919
2026-05-16430008003.9920
2026-05-17430008003.9921
2026-05-18430008003.9922
2026-05-19530708303.8919
2026-05-20636929753.9116
2026-05-21636929753.9117
2026-05-22735869433.9116
2026-05-23735869433.9117
2026-05-24834889193.8916
2026-05-25834889193.8917
2026-05-26736939933.727
2026-05-27736939933.728
2026-05-28736939933.729
2026-05-29736939933.7210
2026-05-30736939933.7211
2026-05-31736939933.7212
2026-06-01736939933.7213
2026-06-02736939933.7214
2026-06-03736939933.7215
2026-06-04736939933.7216
2026-06-058391910563.7115
2026-06-068391910563.7116
2026-06-078391910563.7117
2026-06-089371710003.7216
2026-06-098376310063.7517
2026-06-108376310063.7518
2026-06-117387910433.7219
2026-06-128376910193.7017
2026-06-13832639043.6315
2026-06-14832639043.6316
2026-06-15931898483.9515
2026-06-161130307993.9813
2026-06-171130307993.9814
2026-06-181131078263.9612
2026-06-191131078263.9613
2026-06-201131078263.9614
2026-06-211131078263.9615
2026-06-221131078263.9616
2026-06-231031188244.0018
2026-06-241129937854.0317
2026-06-251129937854.0318
2026-06-261129937854.0319
2026-06-271029687694.1021
2026-06-281029687694.1022
2026-06-291029687694.1023
2026-06-301029687694.1024
2026-07-011029687694.1025
2026-07-021029687694.1026
2026-07-031029587694.0825
2026-07-041029587694.0826
2026-07-051029587694.0827
2026-07-061128807494.0525
2026-07-071128807494.0526
2026-07-081228357324.0725
2026-07-091228357324.0726
2026-07-101128347304.1027
2026-07-111128347304.1028
2026-07-121029407644.0630
2026-07-131128327304.0928
2026-07-141227837154.0926
2026-07-151128007443.8727
2026-07-161128007443.8728
2026-07-171128007443.8729
2026-07-181128007443.8730
2026-07-191028707643.8833
2026-07-201028707643.8834
2026-07-211028707643.8835
2026-07-221028707643.8836
2026-07-23831198363.8542
2026-07-24732438763.8148
2026-07-25628677733.8349
2026-07-26628677733.8350
2026-07-27628677733.8351
2026-07-28728007553.8145
2026-07-29628677733.8353
2026-07-30628677733.8354
2026-07-31530908403.7649
2026-08-01530908403.7650
2026-08-02530908403.7651
2026-08-03530908403.7652
2026-08-04731148413.7938
2026-08-05731148413.7939
2026-08-06834699843.6935
2026-08-07834699843.6936
2026-08-08834699843.6937
2026-08-09834699843.6938
2026-08-10834699843.6939
2026-08-11834699843.6940
2026-08-12731148413.7946
2026-08-13731148413.7947
2026-08-14731148413.7948
2026-08-15731148413.7949
2026-08-16731148413.7950
2026-08-17731148413.7951
2026-08-18731148413.7952
2026-08-19731148413.7953
2026-08-20830448173.8147
2026-08-21830448173.8148
2026-08-22932838933.7744
2026-08-23834009363.7045
2026-08-24734869633.7039
2026-08-25734869633.7040
2026-08-26734869633.7041
2026-08-27731148413.7727
2026-08-28731148413.7728
2026-08-29632088733.7432
2026-08-30632088733.7433
2026-08-31632088733.7434

12-Month Market Dynamics & Trend Trajectory

Scala at 25 Adra Grado Way has closed 29 leases since its September 2022 registration, averaging $2,873 per month at $3.87 per square foot across an average suite size of 779 square feet. The building's lifetime average days on market is 30, with tenant turnover concentrated in the spring and early summer months as the data shows 4 to 10 closed deals per month from April through August 2026. At 1.2% availability across 499 total suites, Scala sits in a near-full occupancy state typical of a Tridel-built tower in the Don Valley North submarket. On pricing discipline, 44.8% of Scala's 29 tracked leases closed below the listed asking price, with tenants securing an average discount of $53 per month (1.62% below asking). This represents $636 in annual savings per unit and confirms tenant-favorable leverage in negotiations. The remaining leases settled at or above asking, but the net negotiation spread of -$53 per month indicates that landlord concessions outweigh any premium transactions, making Scala a building where prospective tenants should expect room to negotiate.

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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
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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)
2026-05-03227907503.7351
2026-05-10124006004.0023
2026-05-170N/AN/AN/AN/A
2026-05-24120004005.0088
2026-05-310N/AN/AN/AN/A
2026-06-073406711333.6122
2026-06-14124006503.6934
2026-06-21230759003.4210
2026-06-280N/AN/AN/AN/A
2026-07-05128007503.7324
2026-07-12221884005.4728
2026-07-19420255133.9813
2026-07-26323006123.8629
2026-08-020N/AN/AN/AN/A
2026-08-091595019813.006
2026-08-160N/AN/AN/AN/A
2026-08-23432008633.8263

Nearby Building Rental Comparables & Price Spreads

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

Scala at 25 Adra Grado Way competes directly against four nearby buildings in the Don Valley North submarket, ranging from 0.55 to 0.84 kilometers away. The closest rivals are Aria Condominiums II at 20 Bloorview Pl (0.55 km, completed 2011, 4 closed leases in the trailing 180 days) and Aria Condominiums I at 10 Bloorview Pl (0.56 km, completed 2011, 6 closed leases). Slightly farther out sit Leslie Boutique Residences at 2756 Old Leslie St (0.74 km, completed 2014, 6 closed leases) and Discovery I – Park Place (B) at 29 Singer Crt (0.84 km, completed 2012, 26 closed leases). Scala, built in 2022 by Tridel, is the newest structure in this cluster by a full decade over the Aria pair and eight years over Leslie and Discovery I, giving it a clear generational edge in finishes, systems, and amenity design. Across the four comparables, the average closed-lease rent sits at $2,632 per month with an average rate of $3.45 per square foot and an average suite size of 792 square feet. Scala's realized lease average of $2,873 per month and $3.87 per square foot places it above the comp midpoint on both rent and rate, while its 779-square-foot average suite is marginally smaller than the 792-square-foot comp mean. The building therefore positions itself as a premium, amenity-rich option for renters who prioritize a modern lifestyle package over maximum interior square footage, trading a modest size concession for a newer building with a broader recreational footprint.

29 Green Trail Court, North York

Avg Asking$2,602/mo
Avg $/SF$4.02
Rent Spread:
-$606/mo (-18.9%) Lower

20 Bloorview Pl, North York

Avg Asking$2,879/mo
Avg $/SF$3.35
Rent Spread:
-$329/mo (-10.3%) Lower

10 Bloorview Pl, North York

Avg Asking$3,311/mo
Avg $/SF$3.24
Rent Spread:
+$103/mo (+3.2%) Higher

2756 Old Leslie St, North York

Avg Asking$2,468/mo
Avg $/SF$4.02
Rent Spread:
-$740/mo (-23.1%) Lower

29 Singer Crt, North York

Avg Asking$2,450/mo
Avg $/SF$3.72
Rent Spread:
-$758/mo (-23.6%) Lower

33 Singer Crt, North York

Avg Asking$2,543/mo
Avg $/SF$3.62
Rent Spread:
-$665/mo (-20.7%) Lower

Comparable Analysis & Questions

How do rental rates at Scala compare to neighbouring buildings within Don Valley North?

Scala's average closed-lease rent of $2,873 per month sits $241 above the four-comp average of $2,632, reflecting its newer construction and expanded amenity suite. Aria Condominiums II at 20 Bloorview Pl (0.55 km) closed leases averaging $2,824 per month at $3.38 per square foot across 876-square-foot suites, while Aria Condominiums I at 10 Bloorview Pl (0.56 km) recorded $2,892 per month at $3.30 per square foot over 908 square feet. Leslie Boutique Residences at 2756 Old Leslie St (0.74 km) posted the lowest average at $2,375 per month, $3.50 per square foot, and 683 square feet, and Discovery I – Park Place (B) at 29 Singer Crt (0.84 km) closed at $2,438 per month, $3.63 per square foot, and 702 square feet. Scala's rent premium over the two Aria buildings is narrow—roughly $50 to $120 per month—while its gap over Leslie and Discovery I widens to $435 to $498, a spread largely explained by the building's 2022 completion and resort-style amenity deck.

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

Scala leases at $3.87 per square foot on an average 779-square-foot suite, a rate that commands a premium over all four nearby comparables while offering slightly less interior space than the Aria pair but more than Leslie and Discovery I. Against Aria Condominiums II (876 sq ft at $3.38/sq ft) and Aria Condominiums I (908 sq ft at $3.30/sq ft), Scala provides 97 and 129 fewer square feet respectively, yet charges $0.49 and $0.57 more per square foot—a premium justified by its 2022 build date versus the 2011 Aria completions. Conversely, Scala offers 96 more square feet than Leslie Boutique Residences (683 sq ft at $3.50/sq ft) and 77 more than Discovery I – Park Place (B) (702 sq ft at $3.63/sq ft), while still pricing $0.37 and $0.24 higher per square foot. Renter trade-offs are clear: those prioritizing maximum interior area will find the Aria buildings more spacious, while those valuing a newer building with a broader amenity range will accept the modest size reduction at Scala for a more contemporary living experience.

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

Scala's 18-amenity package extends well beyond the recreational offerings at its nearest competitors, giving it a distinct lifestyle edge in the Don Valley North micro-market. Four signature features stand out: an outdoor pool (absent from Aria I, Aria II, and Leslie Boutique Residences), EV charging stations (unavailable at all four comparables), outdoor fire pits (offered by none of the nearby buildings), and a dedicated parcel room (also missing from every comp). A fifth differentiator is the full-service dining room and kitchen, which none of the four competitors provide. Discovery I – Park Place (B) does match Scala on the outdoor pool and yoga studio, but lacks the EV infrastructure, fire-pit social spaces, and parcel logistics that round out Scala's package. Together, these amenities best serve young professionals and small families who want resort-style recreation, modern convenience technology, and flexible social spaces without leaving their building.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Scala.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • EV Charging Station
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Outdoor Fire Pits
  • Parcel Room

Data Methodology & Analytical Standards

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

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.