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Market Data as of August 31, 2026

The Windsor at Chartwell II — Rental Market Data

2627 McCowan Rd, Scarborough, Ontario M1S 5T1
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,395

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2002
Total Suites327
DeveloperMonarch Group

The Windsor at Chartwell II at 2627 McCowan Rd in Scarborough North is a 327-suite residential building completed in 2002 by Monarch Group, currently showing one active listing out of 97 available units in the submarket, representing a 0.3 percent availability rate. Recent leasing activity includes two closed leases in the trailing 30 days at an average of $2,125 per month and four in the trailing 90 days averaging $2,088 per month, with 30-day and 90-day average days on market of 46 and 37 respectively.

The single active listing asks $2,395 per month at $3.19 per square foot for a 750-square-foot one-bedroom plus den, a rate per square foot that sits above the 90-day realized lease average of $2.99 per square foot despite the nominal monthly rent being lower than the all-time lease average of $2,217. The active suite's 750-square-foot footprint is 14 square feet larger than the historical lease average of 736 square feet, yet remains 30 square feet below the submarket implied asking average of 780 square feet. Against the Scarborough North asking benchmark of $3.29 per square foot, the building's active rate trades 3 percent below the submarket norm.

Marketing friction presents a mixed signal: the current active listing has been on market for 12 days, well under the submarket average of 28, while the trailing 30-day closed leases averaged 46 days to lease, indicating recent transactions required more time to close. Across all seven tracked historical leases, tenants negotiated an average discount of $86 per month, or 3.64 percent below asking, with 42.9 percent of deals closing under the initial ask and saving renters approximately $1,032 per year. Inventory depth is extremely limited at a single one-bedroom plus den unit, offering no multi-bedroom or studio alternatives for renters seeking different configurations.

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Active Rental Inventory & Asking Rates

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

Active Units1
-1 (50.0%)
Avg Asking Rent$2,395
+$195 (8.9%)
Avg Suite Size750 sf
+50 sf (7.1%)
Avg Days on Market12d
-25d (67.6%)
Avg Asking $/SF$3.19
+$0.03 (1.1%)

Active Market Insights & Questions

How has rental availability changed at The Windsor at Chartwell II recently?

The Windsor at Chartwell II has one active listing as of August 31, 2026, asking $2,395 per month with both the average and median rent at $2,395. The available suite measures 750 square feet at an asking rate of $3.19 per square foot, and the 100 percent layout share is a one-bedroom plus den. With only a single unit on the market, inventory is neither skewed toward compact entry-level suites nor multi-bedroom executive layouts; it represents a mid-range one-bedroom configuration with a den component.

What floor plans and unit layouts are currently available at The Windsor at Chartwell II?

The sole active layout at The Windsor at Chartwell II is the one-bedroom plus den, accounting for 100 percent of available inventory with one listing. That single unit asks $2,395 per month across 750 square feet, translating to $3.19 per square foot. No studio, two-bedroom, or three-bedroom tiers are currently available, leaving renters without alternative bedroom configurations at this address.

What is the average asking rent and $/SF by suite size at The Windsor at Chartwell II?

The Windsor at Chartwell II shows a minimum and maximum asking rent of $2,395 per month, producing a dollar spread of zero and a percentage spread of zero percent due to the single active listing. The entry-level and peak suite are the same unit: a one-bedroom plus den at 750 square feet and $3.19 per square foot. With only one unit on the market, there is no internal price gradient to compare across tiers.

How much extra do parking spaces and dens cost at The Windsor at Chartwell II?

The Windsor at Chartwell II cannot currently quantify a den premium in dollars or square-footage delta, as the single active listing already includes the den within its 750-square-foot footprint and no paired without-den comparison exists. Marginal cost per square foot for additional den space is therefore uncalculable from available data. Active parking stall premiums also cannot be reliably isolated, as the paired sample is insufficient or contains anomalous outliers, and no verified parking fee should be assumed.

How do asking rents at The Windsor at Chartwell II compare to local and municipal benchmarks?

The Windsor at Chartwell II's active asking rent of $2,395 per month and $3.19 per square foot sit below the Scarborough North submarket asking benchmark of $2,566 per month and $3.29 per square foot, a 3 percent discount on the rate per square foot. The nominal rent gap is partly explained by suite size: the active unit's 750 square feet is 30 square feet smaller than the submarket implied asking average of 780 square feet, so the lower absolute rent reflects a more compact footprint rather than a pricing concession. The building holds one out of 97 active listings in the submarket, representing roughly 1 percent of total 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 The Windsor at Chartwell II (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,125
Avg Leased Size736 sf
Avg Days to Lease46d
Leased $/SF$3.04

Leased Transaction Insights & Questions

How many suites were leased at The Windsor at Chartwell II last month, and how fast did they rent?

The Windsor at Chartwell II closed two leases in the trailing 30 days at an average of 46 days on market, compared to four closings over 90 days at 37 DOM and a submarket benchmark of 28 DOM. The building logged seven total closed leases across its lifetime, all within the past year, with no additional volume in the 30-day window beyond the two already counted. Leasing cadence moderated from the May cluster of three deals into a steadier one-to-two-per-month rhythm through August, indicating a consistent but low-volume absorption pattern rather than an acceleration or pause.

What is the negotiation spread between asking rents and closed lease prices at The Windsor at Chartwell II?

The Windsor at Chartwell II tenants negotiated an average discount of $86 per month (3.64% below asking), translating to $1,032 in annual savings per lease across the tracked seven transactions. Forty-two point nine percent of all closed leases settled under the listed asking price, confirming measurable tenant leverage and landlord concession in this Scarborough North submarket. The remaining leases closed at or near asking, meaning the discount was not universal but represented a meaningful pricing give from landlords seeking to close deals within their 53-day average marketing window.

What are typical executed lease prices across different layouts at The Windsor at Chartwell II?

The 1-Bedroom + Den layout dominates The Windsor at Chartwell II with five closed leases averaging $2,186 per month and 56 days on market, forming a statistically robust benchmark. The single 1-Bedroom lease closed at $2,000 per month across 650 square feet ($3.08 per square foot) in just 16 days on market; this represents an individual single transaction, not a broad statistical benchmark. The lone 2-Bedroom lease settled at $2,590 per month for 850 square feet ($3.05 per square foot) after 76 days on market; this is likewise an individual single deal rather than a reliable tier average. The 1-Bedroom + Den tier spans a P25-P75 range of $2,100 to $2,280 with a median of $2,200 and an average suite size of 730 square feet at $3.00 per square foot.

What measurable rent premium did suites with parking achieve in closed leases at The Windsor at Chartwell II?

The Windsor at Chartwell II does not have sufficient paired lease data to isolate a reliable parking premium, and the single active listing's parking figure is flagged as an unreliable outlier. No verified monthly parking charge can be quoted from the seven closed leases, as parking was either bundled into the suite rent or not separately recorded. Prospective tenants should request itemized parking fees directly from the leasing office rather than relying on platform-derived averages for this building.

How does the lease-to-listing ratio at The Windsor at Chartwell II reflect current tenant demand?

The Windsor at Chartwell II shows a modest seasonal dip in realized rents from May through August 2026, with average monthly rent declining from $2,390 to $2,050 before recovering to $2,125. In May, three leases closed at an average of $2,390 per month ($3.05 per square foot) after 75 days on market. July saw two deals at $2,050 per month ($2.94 per square foot) with a faster 29-day absorption. August recorded two additional leases at $2,125 per month ($3.04 per square foot) after 46 days on market, suggesting the July dip reflected a smaller suite mix rather than a structural devaluation of the building.

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
Max 2 Plotted
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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)
2026-04-27323907833.0557
2026-04-28323907833.0558
2026-04-29323907833.0559
2026-04-30323907833.0560
2026-05-01323907833.0561
2026-05-02323907833.0562
2026-05-03323907833.0563
2026-05-04323907833.0564
2026-05-05323907833.0565
2026-05-06323907833.0566
2026-05-07323907833.0567
2026-05-08323907833.0568
2026-05-09323907833.0569
2026-05-10323907833.0570
2026-05-11224358003.0462
2026-05-12224358003.0463
2026-05-13224358003.0464
2026-05-14224358003.0465
2026-05-15125908503.0573
2026-05-16125908503.0574
2026-05-17125908503.0575
2026-05-31122507503.00N/A
2026-06-01122507503.001
2026-06-02122507503.002
2026-06-03122507503.003
2026-06-04122507503.004
2026-06-05122507503.005
2026-06-06122507503.006
2026-06-07122507503.007
2026-06-08122507503.008
2026-06-09222257502.975
2026-06-10222257502.976
2026-06-11222257502.977
2026-06-12222257502.978
2026-06-13222257502.979
2026-06-14322177173.116
2026-06-15322177173.117
2026-06-16322177173.118
2026-06-17322177173.119
2026-06-18322177173.1110
2026-06-19322177173.1111
2026-06-20322177173.1112
2026-06-21322177173.1113
2026-06-22322177173.1114
2026-06-23322177173.1115
2026-06-24421637003.1012
2026-06-25421637003.1013
2026-06-26421637003.1014
2026-06-27421637003.1015
2026-06-28421637003.1016
2026-06-29321506833.1516
2026-06-30321506833.1517
2026-07-01321506833.1518
2026-07-02321506833.1519
2026-07-03321506833.1520
2026-07-04421637003.1016
2026-07-05421637003.1017
2026-07-06421637003.1018
2026-07-07421637003.1019
2026-07-08421637003.1020
2026-07-09421637003.1021
2026-07-10322177173.1124
2026-07-11222007003.1617
2026-07-12222007003.1618
2026-07-13222007003.1619
2026-07-14222007003.1620
2026-07-15222007003.1621
2026-07-16222007003.1622
2026-07-17222007003.1623
2026-07-18222007003.1624
2026-07-19222007003.1625
2026-07-20222007003.1626
2026-07-21222007003.1627
2026-07-22222007003.1628
2026-07-23222007003.1629
2026-07-24222007003.1630
2026-07-25222007003.1631
2026-07-26222007003.1632
2026-07-27222007003.1633
2026-07-28222007003.1634
2026-07-29222007003.1635
2026-07-30222007003.1636
2026-07-31222007003.1637
2026-08-01222007003.1638
2026-08-02222007003.1639
2026-08-03222007003.1640
2026-08-04222007003.1641
2026-08-05222007003.1642
2026-08-06122006503.3853
2026-08-07122006503.3854
2026-08-08122006503.3855
2026-08-09122006503.3856
2026-08-10122006503.3857
2026-08-11122006503.3858
2026-08-19123957503.19N/A
2026-08-20123957503.191
2026-08-21123957503.192
2026-08-22123957503.193
2026-08-23123957503.194
2026-08-24123957503.195
2026-08-25123957503.196
2026-08-26123957503.197
2026-08-27123957503.198
2026-08-28123957503.199
2026-08-29123957503.1910
2026-08-30123957503.1911
2026-08-31123957503.1912

12-Month Market Dynamics & Trend Trajectory

The Windsor at Chartwell II realized an average lease rent of $2,217 per month and $3.02 per square foot across seven lifetime transactions, positioning the building roughly 8 percent below the Scarborough North submarket average of $2,415 per month and 9.9 percent below the submarket rate of $3.32 per square foot. This discount reflects the building's 736-square-foot average suite size, which is 30 square feet smaller than the submarket implied average of 780 square feet, meaning the lower nominal rent is driven by compact footprints rather than a quality or location penalty. On pricing discipline, 42.9 percent of the seven tracked leases closed below asking price, with tenants securing an average concession of $86 per month (3.64 percent) and $1,032 in annualized savings per lease. This tenant-favorable negotiation pattern indicates landlords at The Windsor at Chartwell II were willing to move on price to close deals within their 53-day average marketing window, rather than holding firm at list and absorbing extended vacancy carry. The remaining leases settled at or near asking, so the discount was a meaningful but not universal concession.

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
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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)
2026-05-10222907503.0574
2026-05-17125908503.0576
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
2026-07-05220507002.9429
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02122007502.9333
2026-08-09120506503.1559

Nearby Building Rental Comparables & Price Spreads

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

The Windsor at Chartwell II at 2627 McCowan Rd sits in a tight cluster of four nearby competitors, all of which recorded active lease transactions over the trailing 180 days. Chartwell Place II (2628 McCowan Rd, 0.09 km, built in 1998) closed one lease; The Windsor at Chartwell I (5039 Finch Ave E, 0.1 km, built in 2000) closed three; Chartwell Place I (5001 Finch Ave E, 0.16 km, built in 1996) closed two; and Wedgewood Grove (30 Thunder Grve, 0.25 km, built in 1987) closed one. The subject, completed in 2002, is the newest structure in this pocket, while Wedgewood Grove represents the oldest at nearly four decades of age. No competitor in this set recorded zero transactions, so all four serve as active pricing benchmarks rather than architectural references alone. Against the four-comp average of $2,525 per month, $2.92 per square foot, and 876 square feet of interior space, The Windsor at Chartwell II's realized lease metrics of $2,217 per month, $3.02 per square foot, and 736 square feet position it as a compact-footprint building trading below the peer-set rent level but above the peer-set rate per square foot. The subject's 327-suite scale is comparable to its immediate neighbours, yet its average suite footprint runs roughly 140 square feet smaller than the comp mean, which is the primary driver of the lower nominal rent. At $3.02 per square foot, the subject's realized rate sits above the four-comp average of $2.92 per square foot, indicating that per-unit-of-space pricing is not where the discount originates; the smaller interior footprint is.

2628 McCowan Rd, Scarborough

Avg Asking$2,750/mo
Avg $/SF$2.75
Rent Spread:
+$355/mo (+14.8%) Higher

5039 Finch Ave E, Scarborough

Avg Asking$2,470/mo
Avg $/SF$3.15
Rent Spread:
+$75/mo (+3.1%) Higher

5001 Finch Ave E, Scarborough

Avg Asking$2,530/mo
Avg $/SF$2.78
Rent Spread:
+$135/mo (+5.6%) Higher

30 Thunder Grve, Scarborough

Avg Asking$2,550/mo
Avg $/SF$2.68
Rent Spread:
+$155/mo (+6.5%) Higher

5235 Finch Ave E, Scarborough

Avg Asking$2,493/mo
Avg $/SF$3.01
Rent Spread:
+$98/mo (+4.1%) Higher

5225 Finch Ave E, Scarborough

Avg Asking$2,350/mo
Avg $/SF$3.04
Rent Spread:
-$45/mo (-1.9%) Lower

Comparable Analysis & Questions

How do rental rates at The Windsor at Chartwell II compare to neighbouring buildings within Scarborough North?

The Windsor at Chartwell II's average realized lease rent of $2,217 per month sits $308 below the four-comp benchmark of $2,525 per month, placing it at the lower end of this immediate McCowan–Finch corridor. Chartwell Place II at 2628 McCowan Rd (0.09 km, one closed lease) averaged $2,750 per month at $2.75 per square foot across 1,000 square feet; The Windsor at Chartwell I at 5039 Finch Ave E (0.1 km, three closed leases) averaged $2,350 per month at $3.16 per square foot across 754 square feet; Chartwell Place I at 5001 Finch Ave E (0.16 km, two closed leases) averaged $2,450 per month at $3.07 per square foot across 800 square feet; and Wedgewood Grove at 30 Thunder Grve (0.25 km, one closed lease) averaged $2,550 per month at $2.68 per square foot across 950 square feet. Every competitor in this set recorded at least one closed lease over the trailing 180 days, so all four provide realized rent benchmarks rather than listing-only references.

Does The Windsor at Chartwell II offer a competitive price-per-square-foot ($/SF) against local comparables?

The Windsor at Chartwell II trades at $3.02 per square foot across an average 736-square-foot suite, a combination that places it above the four-comp rate-per-square-foot average of $2.92 per square foot while delivering roughly 140 fewer interior square feet than the 876-square-foot comp mean. Against Chartwell Place II, the subject commands a $0.27 per square foot (9.8%) premium yet provides 264 fewer interior square feet, meaning the $533-per-month lower nominal rent is driven entirely by the smaller footprint rather than a weaker per-space valuation. Versus Wedgewood Grove, the subject commands a $0.34 per square foot (12.7%) premium while offering 214 fewer square feet, producing a $333-per-month rent gap that again reflects compact suite sizing. The trade-off flips with The Windsor at Chartwell I, where the subject trades at a $0.14 per square foot (4.4%) discount and provides 18 fewer square feet, yielding a $133-per-month lower rent; here both the rate and the footprint are marginally below the comp. Chartwell Place I shows the tightest spread: the subject trades at a $0.05 per square foot (1.6%) discount with 64 fewer square feet, producing a $233-per-month lower rent. In every pairing, the subject's lower nominal rent is explained by its smaller interior footprint, not by a structural devaluation of the asset.

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

The Windsor at Chartwell II offers a five-feature lifestyle package—Gym & Fitness Centre, Sauna & Steam Room, Indoor Pool, Concierge & Security, and Pet Wash Station—that is leaner than every one of its four nearby competitors, each of which layers on party lounges, games rooms, car wash bays, or hot tubs. The Pet Wash Station is the subject's signature differentiator: it appears in only one competitor (The Windsor at Chartwell I) and is absent from Chartwell Place II, Chartwell Place I, and Wedgewood Grove. Conversely, the subject lacks the Party & Lounge Room, Games & Billiards Room, Car Wash Bay, Hot Tub & Jacuzzi, Tennis & Pickleball Court, Meeting Room, Yoga Studio, Media & Theatre Room, Library & Reading Room, and Garden & Courtyard features that populate its peers' amenity rosters. This no-frills, pool-and-gym core with a dedicated pet-washing facility positions The Windsor at Chartwell II squarely for cost-conscious young professionals and pet-owning renters who prioritize a functional indoor pool, daily fitness access, and on-site pet care over social-event spaces or recreational courts, and who are willing to trade away lounge and entertainment amenities for a lower monthly rent in the Scarborough North submarket.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Windsor at Chartwell II.

Building Amenities

  • Gym & Fitness Centre
  • Sauna & Steam Room
  • Indoor Pool
  • Concierge & Security
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Windsor at Chartwell II.

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.