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Market Data as of August 31, 2026

Centro - North Tower — Rental Market Data

25 Town Centre Crt, Scarborough, Ontario M1P 0B4
Quick Rent Estimate
Active Suites5 Available
Type
Units
Avg Rent
1-Bedroom + Den
2
$2,350
1-Bedroom
1
$2,450
2-Bedroom
1
$3,000
2-Bedroom + Den
1
$3,490

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2011
Total Suites292
DeveloperHenderson Development

Centro - North Tower is a high-rise residential development located at 25 Town Centre Crt in the Scarborough City Centre neighborhood, developed by Henderson Development and completed in 2011. Containing 292 suites, the property currently features 5 active listings, yielding an availability rate of 1.7 percent alongside a strong leasing pace characterized by 26 closed transactions over the past 90 days with an average of 23 days on market, alongside 7 closed transactions over the past 30 days with an average of 21 days on market.

Current active listings ask an average rent of $2,728 per month at a rate of $3.38 per square foot, which compares against realized 90-day leases averaging $2,558 per month at $3.18 per square foot. Active inventory skews toward larger suites compared to historical leases, lifting nominal asking rents while the active rate per square foot tracks closely with the broader submarket asking benchmark of $3.34 per square foot.

Marketing friction remains low, evidenced by an average of 11 days on market for active inventory compared to 35 days on market for unrented units that ultimately delisted below realized lease averages due to compact suite footprints. Prospective tenants maintain modest leverage as 35.7 percent of recent leases closed under asking, securing an average tenant discount of $50 per month, while inventory availability offers a limited selection concentrated primarily in 1-Bedroom + Den configurations representing 40 percent of available stock.

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Active Rental Inventory & Asking Rates

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

Active Units5
0
Avg Asking Rent$2,728
+$438 (19.1%)
Avg Suite Size870 sf
+240 sf (38.1%)
Avg Days on Market11d
-9d (44.3%)
Avg Asking $/SF$3.38
-$0.27 (7.4%)

Active Market Insights & Questions

How has rental availability changed at Centro - North Tower recently?

Centro - North Tower features 5 active listings as of August 31, 2026, with an asking price range spanning from $2,250 to $3,490 per month, an average rent of $2,728 per month, and a median asking rent of $2,450 per month. Active suites average 870 square feet with an average asking rate of $3.38 per square foot. The inventory is anchored by 1-Bedroom + Den layouts holding a dominant 40 percent share, reflecting a balanced mix across compact entry-level plans and multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at Centro - North Tower?

The dominant active layout at Centro - North Tower is the 1-Bedroom + Den configuration, accounting for 2 active listings and a 40 percent inventory share. This tier offers an average asking rent of $2,350 per month at $3.62 per square foot across an average of 650 square feet. Additional options include a single 1-Bedroom unit asking $2,450 per month at $4.45 per square foot across 550 square feet, a 2-Bedroom unit asking $3,000 per month at $2.73 per square foot across 1,100 square feet, and a 2-Bedroom + Den suite asking $3,490 per month at $2.49 per square foot across 1,400 square feet.

What is the average asking rent and $/SF by suite size at Centro - North Tower?

Centro - North Tower exhibits a minimum entry rent of $2,250 per month and a peak asking rent of $3,490 per month, establishing a dollar spread of $1,240 per month and a percentage spread of 55.1 percent. The median asking rent sits at $2,450 per month. The entry-level option consists of a 1-Bedroom + Den suite spanning 650 square feet at $3.46 per square foot, while the peak tier comprises a 2-Bedroom + Den layout spanning 1,400 square feet at $2.49 per square foot.

How much extra do parking spaces and dens cost at Centro - North Tower?

Centro - North Tower records an active den premium of minus $100 per month with a square footage delta of 100 square feet. The marginal cost for the extra den space is minus $1 per square foot, reflecting unique layout positioning across available configurations. Verified parking stalls add an extra $348 per month for residents requiring parking spots.

How do asking rents at Centro - North Tower compare to local and municipal benchmarks?

Centro - North Tower asks an average rent of $2,728 per month at $3.38 per square foot, comparing directly against the Scarborough City Centre submarket asking benchmark of $2,495 per month at $3.34 per square foot. The higher nominal monthly rent is driven by more generous suite sizing rather than inflated unit pricing, with the building's asking rate per square foot tracking just 1.2 percent above submarket asking averages across its active inventory share.

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 Centro - North Tower (Data period: For the month of August 2026).

Units Leased7
Avg Leased Price$2,407
Avg Leased Size818 sf
Avg Days to Lease21d
Leased $/SF$3.51

Leased Transaction Insights & Questions

How many suites were leased at Centro - North Tower last month, and how fast did they rent?

At Centro - North Tower, the 30-day average days on market is 21 days, the 90-day average days on market is 23 days, and the broader Scarborough City Centre submarket benchmark sits at 28 days. Closed lease counts tracked 7 units in the 30-day window, 26 units in the 90-day window, and 28 units over the full lifetime tracked. Leasing turnover accelerated notably through the summer months as rental demand absorbed available inventory quickly.

What is the negotiation spread between asking rents and closed lease prices at Centro - North Tower?

At Centro - North Tower, transactions settled at an average discount of $50 per month, representing a 1.76% markdown from asking prices and delivering $600 in annual tenant savings. Exactly 35.7% of leases closed under asking price, reflecting mild tenant leverage and landlord concessions during negotiations.

What are typical executed lease prices across different layouts at Centro - North Tower?

At Centro - North Tower, the highest-volume anchor layouts are the 1-Bedroom + Den and 2-Bedroom configurations, averaging $2,264 per month with 17 days on market and $2,956 per month with 31 days on market, respectively. The 1-Bedroom + Den tier comprises 11 closed leases, averaging $2,264 per month with a median of $2,250 per month, a P25-P75 range of $2,250 to $2,300 per month, an average size of 641 square feet at $3.54 per square foot, and 17 days on market; this represents a statistically robust benchmark. The 2-Bedroom tier comprises 8 closed leases, averaging $2,956 per month with a median of $2,950 per month, a P25-P75 range of $2,812 to $3,050 per month, an average size of 1,071 square feet at $2.76 per square foot, and 31 days on market; this represents a moderate sample benchmark. The 1-Bedroom tier comprises 5 closed leases, averaging $2,140 per month with a median of $2,100 per month, a P25-P75 range of $2,100 to $2,250 per month, an average size of 587 square feet at $3.66 per square foot, and 22 days on market; this represents a moderate sample benchmark. The 2-Bedroom + Den tier comprises 4 closed leases, averaging $2,913 per month with a median of $2,825 per month, a P25-P75 range of $2,800 to $2,938 per month, an average size of 1,090 square feet at $2.67 per square foot, and 21 days on market; this represents a limited sample size and directional reference only.

What measurable rent premium did suites with parking achieve in closed leases at Centro - North Tower?

At Centro - North Tower, realized leased parking generated a verified premium of $183 per month. Parking stalls were selectively bundled into larger two-bedroom suites while remaining negotiable for smaller floor plans. Active asking parking rates currently command $348 per month for unbundled spaces.

How does the lease-to-listing ratio at Centro - North Tower reflect current tenant demand?

At Centro - North Tower, overall monthly rents expanded from spring lows before stabilizing through late summer. May recorded 2 closed deals at an average rent of $2,200 per month ($3.68 per square foot) with 19 days on market. June registered 5 closed deals averaging $2,500 per month ($2.95 per square foot) with 14 days on market. July peaked with 14 closed deals averaging $2,654 per month ($3.10 per square foot) over 27 days on market. August concluded with 7 closed deals averaging $2,407 per month ($3.51 per square foot) across 21 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Centro - North Tower (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,300
Avg Suite Size650 sf
Avg Days on Market35d
Delisted $/SF$3.54

De-Listed Market Analysis & Questions

How many listings de-listed at Centro - North Tower, and what was their re-listing price compared to previous asking?

At Centro - North Tower, exactly 1 unit was delisted, establishing a delisted-to-leased ratio of 14.3% based on 1 terminated listing, zero expired listings, and zero suspended listings. This indicates a healthy market ratio where approximately 1 listing is pulled for every 7 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Centro - North Tower?

At Centro - North Tower, unrented units asked an average of $2,300 per month, which represented $107 per month below realized lease averages nominally due to smaller average floor plans, but commanded a rate per square foot of $3.54. This demonstrates that prospective tenants rejected high density rate-per-square-foot pricing.

What market friction causes rental listings to stall or de-list at Centro - North Tower?

At Centro - North Tower, delisted units averaged 35 days on market compared to 22 days for realized leases. This excess of 14 marketing days translates to roughly half a month of lost rental income plus ongoing condo maintenance fees, representing the carrying cost of unrented inventory.

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)
2026-04-27327178603.2717
2026-04-28325007173.533
2026-04-29325007173.534
2026-04-30325007173.535
2026-05-01526808663.203
2026-05-02526808663.204
2026-05-03428259453.054
2026-05-04428259453.055
2026-05-05527208863.155
2026-05-06527208863.156
2026-05-07527208863.157
2026-05-08527208863.158
2026-05-09527208863.159
2026-05-10527208863.1510
2026-05-11527208863.1511
2026-05-12527208863.1512
2026-05-13527208863.1513
2026-05-14527208863.1514
2026-05-15527208863.1515
2026-05-16527208863.1516
2026-05-17527208863.1517
2026-05-18527208863.1518
2026-05-19428389453.0718
2026-05-20428389453.0719
2026-05-21428389453.0720
2026-05-22527208863.1517
2026-05-23527208863.1518
2026-05-24527208863.1519
2026-05-25527208863.1520
2026-05-26527208863.1521
2026-05-27527808903.1917
2026-05-28627839253.0815
2026-05-29627839253.0816
2026-05-30627839253.0817
2026-05-31528809802.9916
2026-06-016293310002.9814
2026-06-027290010142.9013
2026-06-037290010142.9014
2026-06-048291310252.8813
2026-06-058291310252.8814
2026-06-068291310252.8815
2026-06-07928229713.0014
2026-06-08928229713.0015
2026-06-09828389553.0618
2026-06-10828389553.0619
2026-06-11828389553.0620
2026-06-12828389553.0621
2026-06-13828389553.0622
2026-06-14828389553.0623
2026-06-15728439343.1424
2026-06-16728439343.1425
2026-06-17728439343.1426
2026-06-18728439343.1427
2026-06-191029159723.0715
2026-06-201029159723.0716
2026-06-211029159723.0717
2026-06-221028559273.1716
2026-06-231128689423.1316
2026-06-241228219183.1615
2026-06-251228219183.1616
2026-06-261228219183.1617
2026-06-271128599423.1119
2026-06-281128599423.1120
2026-06-291029359833.0321
2026-06-301029359833.0322
2026-07-01929069703.0523
2026-07-02829009543.0925
2026-07-031029239833.0221
2026-07-041128669533.0720
2026-07-051128669533.0721
2026-07-061228199273.1120
2026-07-071327759063.1319
2026-07-081427408883.1619
2026-07-091626798583.2017
2026-07-101626638523.2115
2026-07-111626638523.2116
2026-07-121526518353.2518
2026-07-131426798493.2420
2026-07-141327108643.2122
2026-07-151227698903.1824
2026-07-161127488713.2226
2026-07-171227788823.2124
2026-07-181128309033.1927
2026-07-191128309033.1928
2026-07-201028839283.1630
2026-07-211028839283.1631
2026-07-22928709133.2032
2026-07-23928709133.2033
2026-07-24827488503.3423
2026-07-25926928283.3521
2026-07-26826297943.4118
2026-07-27624587083.5419
2026-07-28624587083.5420
2026-07-29522906303.6517
2026-07-30522906303.6518
2026-07-31522906303.6519
2026-08-01622926333.6317
2026-08-02622926333.6318
2026-08-03522906303.6518
2026-08-04522906303.6519
2026-08-05322836503.5128
2026-08-06425137633.3622
2026-08-07527088903.1918
2026-08-08428239503.1220
2026-08-09428239503.1221
2026-08-103299710502.9818
2026-08-113299710502.9819
2026-08-123299710502.9820
2026-08-13428239503.1216
2026-08-14428239503.1217
2026-08-15326979003.1921
2026-08-16326979003.1922
2026-08-17326979003.1923
2026-08-18426358383.3318
2026-08-19426358383.3319
2026-08-20426358383.3320
2026-08-21527088903.2117
2026-08-22527088903.2118
2026-08-23527088903.2119
2026-08-24626658333.4216
2026-08-25626658333.4217
2026-08-26626658333.4218
2026-08-27626658333.4219
2026-08-28626658333.4220
2026-08-29626658333.4221
2026-08-30428489253.3613
2026-08-31527288703.3811

12-Month Market Dynamics & Trend Trajectory

Centro - North Tower has achieved a lifetime leasing volume of 28 transactions, establishing an average rent of $2,532 per month at $3.22 per square foot across an average suite size of 818 square feet. Average days on market stand at 22 days, pointing to steady tenant turnover and consistent liquidity within the building. Pricing discipline in the building reflects balanced negotiating conditions between landlords and incoming renters. Approximately 35.7% of transactions settled below asking price, yielding an average tenant discount of $50 per month or 1.76% off list prices.

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
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)
2026-05-03121005503.8212
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31123006503.5426
2026-06-071270011002.457
2026-06-141280011002.5518
2026-06-21224508752.9212
2026-06-28225508193.3226
2026-07-05122506503.4649
2026-07-12624177833.2010
2026-07-19427259203.0243
2026-07-262325011002.9532
2026-08-02422886253.6814
2026-08-091320011002.919
2026-08-160N/AN/AN/AN/A
2026-08-230N/AN/AN/AN/A
2026-08-30222506503.4642

Nearby Building Rental Comparables & Price Spreads

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

Centro - North Tower at 25 Town Centre Crt is evaluated alongside four active residential competitor buildings within the Scarborough City Centre micro-market, featuring completion dates ranging from 2009 to 2013 and active listing counts varying across the set. The immediate competitive field includes Encore at Equinox located 0.06 kilometers away (completed in 2013 with 46 active listings), Centro - South Tower located 0.08 kilometers away (completed in 2011 with 25 active listings), EQ1 at Equinox located 0.08 kilometers away (completed in 2009 with 39 active listings), and EQ2 at Equinox located 0.12 kilometers away (completed in 2010 with 25 active listings). These properties represent a cohesive generation of early-2010s high-rise construction in the node, sharing similar urban density profiles and structural layouts. Within this micro-market, the overall comparable benchmark registers an average lease rent of $2,351 per month, an average rate of $3.57 per square foot, and an average suite size of 684 square feet. Centro - North Tower positions itself within this competitive set by offering larger average footprints that drive overall rent alignment while maintaining competitive value per square foot relative to newer or more tightly configured alternative towers in the immediate vicinity.

50 Town Centre Crt, Scarborough

Avg Asking$2,221/mo
Avg $/SF$3.94
Rent Spread:
-$507/mo (-18.6%) Lower

190 Borough Dr, Scarborough

Avg Asking$2,469/mo
Avg $/SF$3.33
Rent Spread:
-$259/mo (-9.5%) Lower

70 Town Centre Crt, Scarborough

Avg Asking$2,573/mo
Avg $/SF$3.50
Rent Spread:
-$155/mo (-5.7%) Lower

60 Town Centre Crt, Scarborough

Avg Asking$2,339/mo
Avg $/SF$3.52
Rent Spread:
-$389/mo (-14.3%) Lower

61 Town Centre Crt, Scarborough

Avg Asking$2,543/mo
Avg $/SF$3.17
Rent Spread:
-$185/mo (-6.8%) Lower

60 Brian Harrison Way, Scarborough

Avg Asking$2,560/mo
Avg $/SF$3.46
Rent Spread:
-$168/mo (-6.2%) Lower

Comparable Analysis & Questions

How do rental rates at Centro - North Tower compare to neighbouring buildings within Scarborough City Centre?

Centro - North Tower achieves an average lease rent that aligns competitively with the overall comp benchmark of $2,351 per month across the surrounding neighborhood buildings. Encore at Equinox (50 Town Centre Crt) reports an average lease rent of $2,185 per month at $3.87 per square foot across an average of 591 square feet. Centro - South Tower (190 Borough Dr) records an average lease rent of $2,403 per month at $3.28 per square foot across an average of 767 square feet. EQ1 at Equinox (70 Town Centre Crt) logs an average lease rent of $2,518 per month at $3.63 per square foot across an average of 714 square feet. EQ2 at Equinox (60 Town Centre Crt) posts an average lease rent of $2,299 per month at $3.51 per square foot across an average of 664 square feet.

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

Centro - North Tower delivers a strong value proposition by providing larger average suite footprints and competitive rates per square foot compared to nearby alternatives and the broader submarket benchmark of $3.40 per square foot. Renters evaluating Centro - North Tower trade older 2011-era construction finishes and larger square footage for more favorable per-square-foot economics, contrasting with smaller, higher-rate alternatives like Encore at Equinox which charges $3.87 per square foot for compact 591-square-foot layouts. Similarly, while EQ1 at Equinox commands $3.63 per square foot across 714 square feet and EQ2 at Equinox charges $3.51 per square foot across 664 square feet, Centro - North Tower provides more interior square footage, allowing tenants to secure greater living space without absorbing an inflated cost per square foot.

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

Centro - North Tower delivers a comprehensive lifestyle and amenity profile that matches or exceeds competing towers in the Scarborough City Centre node, featuring a concierge and security service, a fully equipped gym and fitness centre, an indoor pool, a sauna and steam room, and a rooftop terrace. When contrasted against nearby alternatives, Centro - North Tower provides a robust wellness package featuring its indoor pool, sauna, and rooftop terrace, comparing favorably against Encore at Equinox which includes a car wash bay and media room but lacks pool facilities. Similarly, Centro - North Tower matches the extensive wellness setup found at Centro - South Tower while offering distinct advantages over EQ1 at Equinox and EQ2 at Equinox, which incorporate car wash bays and reading rooms in place of dedicated indoor aquatic spaces. This amenity configuration best serves professionals and families seeking full-service building infrastructure and active recreational spaces within walking distance of the civic centre.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Centro - North Tower.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Centro - North Tower.

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.