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Market Data as of August 31, 2026

Corinthian Towers — Rental Market Data

2550 Pharmacy Avenue, Scarborough, Ontario M1W 1H9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,500

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1971
Total Suites236
DeveloperNot Disclosed

Corinthian Towers at 2550 Pharmacy Avenue in the Scarborough North neighborhood is an established residential building completed in 1971 featuring 236 total suites, with 1 active listing representing a 0.4% availability rate. The building recorded a 90-day leasing volume of 1 closed transaction with an average days on market of 17, alongside a 30-day closed count of 0 transactions with an average days on market of null.

Active asking rent sits at $2,500 per month across a spacious 1,100 square foot footprint yielding $2.27 per square foot, compared to realized 90-day leases averaging $2,200 per month across 750 square feet at $2.93 per square foot. Current active inventory skews toward larger, family-sized layouts compared to past leases, and the building's active asking rate per square foot trades 31% below the Scarborough North submarket asking benchmark of $3.29 per square foot.

Marketing friction remains exceptionally low with closed deals averaging 17 days on the market and landlords achieving an average premium of $1 per month (0.02% above asking) in a landlord-favorable environment. Prospective tenants seeking entry-level options will find zero availability for 1-bedroom layouts, while multi-bedroom demand is exclusively channeled through the single available 2-bedroom suite.

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Active Rental Inventory & Asking Rates

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

Active Units1
0
Avg Asking Rent$2,500
-$100 (3.8%)
Avg Suite Size1,100 sf
+150 sf (15.8%)
Avg Days on Market4d
-54d (93.1%)
Avg Asking $/SF$2.27
-$0.46 (17.0%)

Active Market Insights & Questions

How has rental availability changed at Corinthian Towers recently?

Corinthian Towers maintains 1 active listing as of August 31, 2026, priced at an asking rent of $2,500 per month. The active inventory averages 1,100 square feet with an asking rate of $2.27 per square foot, entirely concentrated in 2-bedroom configurations that account for 100% of current availability.

What floor plans and unit layouts are currently available at Corinthian Towers?

The dominant active layout at Corinthian Towers is the 2-Bedroom configuration, representing 1 listing and a 100% share of active inventory with an average rent of $2,500 per month across 1,100 square feet at $2.27 per square foot. Other bedroom tiers currently show zero units available on the market.

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

Corinthian Towers features a minimum entry rent of $2,500 per month and a peak asking rent of $2,500 per month, resulting in a dollar spread of $0 and a 0% pricing spread across current inventory. The median asking rent matches the $2,500 per month baseline, where both the entry-level and peak suite consist of a 2-bedroom, 1,100 square foot layout priced at $2.27 per square foot.

How much extra do parking spaces and dens cost at Corinthian Towers?

Corinthian Towers shows null active den premium dollars and an unquantified square footage delta for den layouts. Active parking premium data cannot be reliably isolated due to an insufficient paired sample.

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

Corinthian Towers asks $2,500 per month at $2.27 per square foot, which trades below the Scarborough North submarket average asking rent of $2,566 per month and submarket asking rate of $3.29 per square foot. The lower nominal outlay reflects suite size differences rather than cheaper unit pricing, with active asking rate per square foot sitting 31% below submarket asking benchmarks while the building represents approximately 1.03% of active submarket 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)
2026-04-27121997502.9344
2026-04-28121997502.9345
2026-04-29121997502.9346
2026-04-30121997502.9347
2026-05-01121997502.9348
2026-05-02121997502.9349
2026-05-03121997502.9350
2026-05-04121997502.9351
2026-05-05121997502.9352
2026-05-06121997502.9353
2026-05-07121997502.9354
2026-05-08121997502.9355
2026-05-09121997502.9356
2026-06-01126009502.74N/A
2026-06-02126009502.741
2026-06-03126009502.742
2026-06-04126009502.743
2026-06-05126009502.744
2026-06-06126009502.745
2026-06-07126009502.746
2026-06-08126009502.747
2026-06-09126009502.748
2026-06-10126009502.749
2026-06-11126009502.7410
2026-06-12126009502.7411
2026-06-13126009502.7412
2026-06-14126009502.7413
2026-06-15126009502.7414
2026-06-16126009502.7415
2026-06-17126009502.7416
2026-06-18126009502.7417
2026-06-19126009502.7418
2026-06-20126009502.7419
2026-06-21126009502.7420
2026-06-22224008502.8411
2026-06-23224008502.8412
2026-06-24224008502.8413
2026-06-25224008502.8414
2026-06-26224008502.8415
2026-06-27224008502.8416
2026-06-28224008502.8417
2026-06-29224008502.8418
2026-06-30224008502.8419
2026-07-01224008502.8420
2026-07-02224008502.8421
2026-07-03224008502.8422
2026-07-04224008502.8423
2026-07-05224008502.8424
2026-07-06224008502.8425
2026-07-07224008502.8426
2026-07-08224008502.8427
2026-07-09126009502.7438
2026-07-10126009502.7439
2026-07-11126009502.7440
2026-07-12126009502.7441
2026-07-13126009502.7442
2026-07-14126009502.7443
2026-07-15126009502.7444
2026-07-16126009502.7445
2026-07-17126009502.7446
2026-07-18126009502.7447
2026-07-19126009502.7448
2026-07-20126009502.7449
2026-07-21126009502.7450
2026-07-22126009502.7451
2026-07-23126009502.7452
2026-07-24126009502.7453
2026-07-25126009502.7454
2026-07-26126009502.7455
2026-07-27126009502.7456
2026-07-28126009502.7457
2026-07-29126009502.7458
2026-08-271250011002.27N/A
2026-08-281250011002.271
2026-08-291250011002.272
2026-08-301250011002.273
2026-08-311250011002.274

12-Month Market Dynamics & Trend Trajectory

Corinthian Towers at 2550 Pharmacy Avenue has established a limited historical leasing record with a lifetime volume of 2 closed transactions averaging $2,200 per month. Realized performance tracks at $2.93 per square foot across an average suite size of 750 square feet, with a lifetime average days on market of 37 days indicating steady tenant turnover. The building operates within the Scarborough North submarket, where active asking rates average $2,566 per month at $3.29 per square foot against submarket benchmark closed rents of $2,415 per month at $3.32 per square foot. Pricing discipline at the property favors landlords, with 100% of tracked transactions closing above initial asking prices. Landlords achieved a net negotiation premium averaging $1 per month or 0.02% above asking, generating $12 per year in additional rental revenue. This minor premium reflects stable landlord pricing leverage in a tightly held building where active availability remains constrained.

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)
2026-05-10122007502.9357
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05122007502.9317

Nearby Building Rental Comparables & Price Spreads

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

Corinthian Towers at 2550 Pharmacy Avenue competes directly within a tight cluster of established residential properties in Scarborough North, featuring nearby alternatives such as Everworth at 3030 Pharmacy Avenue (located 0.18 km away, completed in 2025, with 3 active listings), Royal Crest A at 45 Huntingdale Blvd (located 0.2 km away, completed in 1975, with 1 active listing), Royal Crest C at 65 Huntingdale Blvd (located 0.26 km away, completed in 1975, with 0 active listings), and Royal Crest B at 55 Huntingdale Blvd (located 0.3 km away, completed in 1975, with 0 active listings). The micro-market spans structural generations ranging from Corinthian Towers' construction in 1971 alongside its 1975 neighbours to the newly built 2025 Everworth development. Evaluating the broader competitive set reveals an overall comparable average rent of $2,966 per month at an average rate of $4.67 per square foot across an average suite size of 719 square feet. Positioned against these benchmarks, Corinthian Towers offers traditional scale and established value, balancing its historical 1971 construction against modern builds and mid-1970s peers while maintaining a competitive footprint within the Scarborough North submarket.

3030 Pharmacy Avenue, Scarborough

Avg Asking$2,980/mo
Avg $/SF$3.14
Rent Spread:
+$480/mo (+19.2%) Higher

45 Huntingdale Blvd, Scarborough

Avg Asking$3,033/mo
Avg $/SF$3.49
Rent Spread:
+$533/mo (+21.3%) Higher

65 Huntingdale Blvd, Scarborough

Avg Asking$3,350/mo
Avg $/SF$4.96
Rent Spread:
+$850/mo (+34.0%) Higher

55 Huntingdale Blvd, Scarborough

Avg Asking$3,700/mo
Avg $/SF$2.46
Rent Spread:
+$1,200/mo (+48.0%) Higher

3151 Bridletowne Circ, Scarborough

Avg Asking$3,250/mo
Avg $/SF$2.31
Rent Spread:
+$750/mo (+30.0%) Higher

3131 Bridletowne Circ, Scarborough

Avg Asking$2,625/mo
Avg $/SF$2.20
Rent Spread:
+$125/mo (+5.0%) Higher

Comparable Analysis & Questions

How do rental rates at Corinthian Towers compare to neighbouring buildings within Scarborough North?

Corinthian Towers achieves an average lease rent that compares directly against the overall comparable average of $2,966 per month, drawing competition from nearby assets like Everworth and Royal Crest A. Everworth, located at 3030 Pharmacy Avenue, reports an average lease rent of $2,832 per month at $3.01 per square foot across an average of 947 square feet. Royal Crest A, located at 45 Huntingdale Blvd, reports an average lease rent of $3,100 per month at $6.33 per square foot across an average of 490 square feet. Meanwhile, Royal Crest C at 65 Huntingdale Blvd and Royal Crest B at 55 Huntingdale Blvd currently report no closed lease metrics within the active tracking period.

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

Corinthian Towers establishes its value proposition by offering a more competitive rate per square foot against nearby alternatives while accommodating larger traditional suite layouts relative to denser competing builds. When evaluated against Royal Crest A, which averages $6.33 per square foot across compact 490-square-foot footprints, Corinthian Towers provides 260 more interior square feet at a lower rate per square foot. When compared to the newer Everworth, which averages $3.01 per square foot across 947 square feet, Corinthian Towers trades at a $0.08 per square foot discount while offering 197 fewer interior square feet.

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

Corinthian Towers provides an extensive suite of lifestyle amenities that compare favourably against established peers in Scarborough North, catering well to long-term residents and families seeking comprehensive on-site recreation. Signature amenities at Corinthian Towers include a concierge and security service, a car wash bay, a gym and fitness centre, an outdoor pool, and a dedicated pet wash station. When contrasted with neighbours such as Royal Crest A, Royal Crest B, and Royal Crest C—which offer indoor pools, fitness facilities, tennis and pickleball courts, party rooms, and games rooms—Corinthian Towers matches their recreational depth while adding distinct conveniences like its car wash bay and pet wash station, serving a resident demographic that values active living and pet-friendly building infrastructure.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Corinthian Towers.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • Gym & Fitness Centre
  • Outdoor Pool
  • Sauna & Steam Room
  • Tennis & Pickleball Court
  • Party & Lounge Room
  • Pet Wash Station

Data Methodology & Analytical Standards

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

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.