Skip to Content

Market Data as of August 31, 2026

Nord East - Expo 3 — Rental Market Data

2908 Highway 7, Vaughan, Ontario L4K 0K5
Quick Rent Estimate
Active Suites7 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,338
2-Bedroom
2
$2,850
2-Bedroom + Den
2
$3,100
1-Bedroom + Den
1
$2,400

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2020
Total Suites457
DeveloperCortel Group & YYZed

Nord East - Expo 3, located at 2908 Highway 7 within the Vaughan Metropolitan Centre neighborhood, was developed by Cortel Group & YYZed and completed in 2020. Comprising 457 residential suites, the established residential building currently maintains 7 active listings, reflecting an availability rate of 1.5 percent. Leasing momentum is active, with 22 closed leases recorded over the past 90 days averaging 17 days on the market, alongside 6 leases closed across the preceding 30 days averaging 11 days on the market.

Active asking rents average $2,711 per month at a rate of $3.59 per square foot across an average footprint of 764 square feet, contrasting against realized 90-day leases that averaged $2,457 per month. Current active inventory skews toward larger multi-bedroom layouts compared to historical leases. The building's active asking rate of $3.59 per square foot sits below the Vaughan Metropolitan Centre submarket asking benchmark of $3.73 per square foot.

Marketing friction remains evident among unrented units, which spent an average of 34 days on the market before being delisted—exceeding leased duration by 23 days—while unrented units asked an average of $2,725 per month, which is $267 per month above realized lease averages, indicating overpricing. Meanwhile, tenants secured concessions averaging $27 per month below asking, with 41.4 percent of recent leases closing under asking. Prospective renters will find the deepest selection in 1-bedroom, 2-bedroom, and 2-bedroom plus den configurations, whereas 1-bedroom plus den layouts remain scarce with only 1 active listing.

Get Monthly Rental Market Updates for Nord East - Expo 3

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Nord East - Expo 3 as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units7
-3 (30.0%)
Avg Asking Rent$2,711
+$78 (3.0%)
Avg Suite Size764 sf
+4 sf (0.6%)
Avg Days on Market35d
+20d (133.9%)
Avg Asking $/SF$3.59
+$0.09 (2.6%)

Active Market Insights & Questions

How has rental availability changed at Nord East - Expo 3 recently?

Nord East - Expo 3 features 7 active listings as of August 31, 2026, with asking rents ranging from $2,225 to $3,100 per month, an average asking rent of $2,711 per month, and a median asking rent of $2,800 per month. Active suites average 764 square feet with an average asking rate of $3.59 per square foot. The inventory features a balanced distribution of 1-bedroom, 2-bedroom, and 2-bedroom plus den configurations, each commanding a 28.6 percent share of current active listings.

What floor plans and unit layouts are currently available at Nord East - Expo 3?

The dominant active layouts at Nord East - Expo 3 are 1-bedroom and 2-bedroom configurations, each accounting for 2 active listings and a 28.6 percent inventory share. 1-Bedroom units average $2,338 per month across 600 square feet at $3.91 per square foot, while 2-Bedroom suites average $2,850 per month across 850 square feet at $3.35 per square foot. Additionally, 2-Bedroom plus den suites hold a 28.6 percent share with 2 units averaging $3,100 per month across 900 square feet at $3.46 per square foot, and the 1-Bedroom plus den tier represents a single active listing averaging $2,400 per month across 650 square feet at $3.69 per square foot.

What is the average asking rent and $/SF by suite size at Nord East - Expo 3?

Nord East - Expo 3 exhibits a minimum entry rent of $2,225 per month and a peak asking rent of $3,100 per month, creating a dollar spread of $875 and a percentage spread of 39.3 percent. The median asking rent sits at $2,800 per month across all active inventory. The entry-level option consists of a 1-bedroom suite spanning 550 square feet priced at $4.05 per square foot, whereas the peak suite is a 2-bedroom plus den layout offering 950 square feet at $3.26 per square foot.

How much extra do parking spaces and dens cost at Nord East - Expo 3?

Nord East - Expo 3 commands an active den premium of $63 per month for an additional 50 square feet of interior space. This extra square footage translates to a marginal cost of $1.26 per square foot for the den upgrade. Active parking premium data cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Nord East - Expo 3 compare to local and municipal benchmarks?

Nord East - Expo 3 asks an average rent of $2,711 per month at $3.59 per square foot, compared to broader Vaughan Metropolitan Centre submarket averages of $2,315 per month and $3.73 per square foot. The building's lower nominal rent relative to asking benchmarks reflects more compact suite sizing rather than cheaper unit pricing, with the building's asking rate sitting 3.8 percent below the submarket asking benchmark. The building accounts for 115 active listings across the wider submarket.

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 Nord East - Expo 3 (Data period: For the month of August 2026).

Units Leased6
Avg Leased Price$2,458
Avg Leased Size737 sf
Avg Days to Lease11d
Leased $/SF$3.55

Leased Transaction Insights & Questions

How many suites were leased at Nord East - Expo 3 last month, and how fast did they rent?

Nord East - Expo 3 recorded a 30-day days on market average of 11 days, a 90-day average of 17 days, and compares against the Vaughan Metropolitan Centre submarket benchmark days on market of 26 days. Closed lease counts track 6 transactions over the 30-day window, 22 over the 90-day window, and 29 across the tracked 1-year historical timeline. Leasing turnover accelerated notably through the peak summer months following a quieter spring.

What is the negotiation spread between asking rents and closed lease prices at Nord East - Expo 3?

Nord East - Expo 3 recorded an average tenant discount of $27 per month, representing a 1.07% markdown below asking price and annual tenant savings of $324 per year. Exactly 41.4% of tracked leases closed below asking price, reflecting mild tenant-favorable leverage and active landlord concessions in the building.

What are typical executed lease prices across different layouts at Nord East - Expo 3?

Nord East - Expo 3 anchor leasing activity is concentrated in the 1-Bedroom + Den layout, which recorded 12 closed leases averaging $2,363 per month with a median lease rent of $2,350 per month, a P25-P75 range of $2,350 to $2,400 per month, an average size of 671 square feet, a rate of $3.53 per square foot, and a 22-day days on market average, representing a statistically robust benchmark sample. The 2-Bedroom layout accounts for 6 closed leases averaging $2,683 per month, a median of $2,725 per month, a P25-P75 range of $2,625 to $2,750 per month, an average size of 885 square feet, a rate of $3.15 per square foot, and a 15-day days on market average, representing a statistically robust benchmark sample. The 1-Bedroom layout delivered 6 closed leases averaging $2,242 per month, a median of $2,250 per month, a P25-P75 range of $2,212 to $2,250 per month, an average size of 617 square feet, a rate of $3.66 per square foot, and a 17-day days on market average, representing a statistically robust benchmark sample. The 2-Bedroom + Den layout contributed 5 closed leases averaging $2,755 per month, a median of $2,750 per month, a P25-P75 range of $2,725 to $2,750 per month, an average size of 860 square feet, a rate of $3.20 per square foot, and a 19-day days on market average, representing a statistically robust benchmark sample.

What measurable rent premium did suites with parking achieve in closed leases at Nord East - Expo 3?

Nord East - Expo 3 has insufficient paired data to isolate a specific realized leased parking premium per month. Parking stalls were largely bundled into primary suite lease agreements without separate line-item values. Active asking data similarly lacks reliable standalone parking metrics.

How does the lease-to-listing ratio at Nord East - Expo 3 reflect current tenant demand?

Nord East - Expo 3 experienced a steady climb in average monthly rents from spring into late summer. April recorded 1 closed deal at an average rent of $2,350 per month ($3.13 per square foot) with 9 days on market (note that this represents an individual deal rather than a broad statistical benchmark). May saw 6 closed deals averaging $2,546 per month ($3.24 per square foot) across 28 days on market. June captured 9 closed deals averaging $2,417 per month ($3.50 per square foot) over 26 days on market. July achieved 7 closed deals averaging $2,507 per month ($3.41 per square foot) in 12 days on market. August closed 6 deals averaging $2,458 per month ($3.55 per square foot) in 11 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Nord East - Expo 3 (Data period: For the month of August 2026).

Delisted Units4
Avg Asking Price$2,725
Avg Suite Size825 sf
Avg Days on Market34d
Delisted $/SF$3.33

De-Listed Market Analysis & Questions

How many listings de-listed at Nord East - Expo 3, and what was their re-listing price compared to previous asking?

Nord East - Expo 3 recorded 4 total delisted units, representing a delisted-to-leased ratio percentage of 66.7% across 3 terminated listings, 0 expired listings, and 1 suspended listing. This equates to roughly 1 unrented listing pulled for every 1.5 successful leases executed in the building.

How do asking prices on de-listed suites compare to executed leases and active listings at Nord East - Expo 3?

Nord East - Expo 3 unrented listings asked an average of $2,725 per month, which sits $267 per month above realized lease averages of $2,458 per month, representing a 10.9% premium. Unrented units were overpriced relative to realized market value.

What market friction causes rental listings to stall or de-list at Nord East - Expo 3?

Nord East - Expo 3 unrented listings recorded an average days on market of 34 days compared to 19 days for successful leases. This 23-day excess marketing period translates to nearly a month of lost rental income plus ongoing condo maintenance fees, illustrating the carrying cost of pricing above market tolerance.

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)
2026-04-271025397853.3519
2026-04-281025397853.3520
2026-04-29925547893.3623
2026-04-30925547893.3624
2026-05-01925547893.3625
2026-05-021025747943.3523
2026-05-031025747943.3524
2026-05-04926068103.3325
2026-05-05926068103.3326
2026-05-06926068103.3327
2026-05-07926068103.3328
2026-05-081025837943.3726
2026-05-091025837943.3727
2026-05-10925697383.5128
2026-05-11825917493.4930
2026-05-12925697383.5127
2026-05-13925697383.5128
2026-05-14925587383.4927
2026-05-15925587383.4928
2026-05-16925587383.4929
2026-05-17925587383.4930
2026-05-18925587383.4931
2026-05-19925197163.5427
2026-05-20925197163.5428
2026-05-21925197163.5429
2026-05-22925197163.5430
2026-05-23925197163.5431
2026-05-24925197163.5432
2026-05-251025137193.5230
2026-05-261025137193.5231
2026-05-271025137193.5232
2026-05-28924867063.5434
2026-05-29924867063.5435
2026-05-30924867063.5436
2026-05-31924867063.5437
2026-06-011025137203.5134
2026-06-02925197283.4831
2026-06-03925197283.4832
2026-06-041125207233.5219
2026-06-051224857083.5517
2026-06-061224857083.5518
2026-06-071224857083.5519
2026-06-081224857083.5520
2026-06-091124937143.5420
2026-06-101124937143.5421
2026-06-111024237003.5119
2026-06-121124667183.4918
2026-06-131124667183.4919
2026-06-141124667183.4920
2026-06-15924927113.5516
2026-06-16924927113.5517
2026-06-17825037193.5417
2026-06-18825037193.5418
2026-06-19825037193.5419
2026-06-20925317343.5018
2026-06-21925317343.5019
2026-06-221025187303.5018
2026-06-23925317343.5021
2026-06-24824847133.5423
2026-06-25824847133.5424
2026-06-26724897073.5824
2026-06-27625217173.5825
2026-06-28625217173.5826
2026-06-29625217173.5827
2026-06-30625217173.5828
2026-07-01625217173.5829
2026-07-02525757423.5225
2026-07-03525757423.5226
2026-07-04525757423.5227
2026-07-05525757423.5228
2026-07-06725827443.5221
2026-07-07725827443.5222
2026-07-08725827443.5223
2026-07-09725827443.5224
2026-07-10925527463.4619
2026-07-11925467463.4618
2026-07-12925467463.4619
2026-07-13925467463.4620
2026-07-141025377403.4718
2026-07-15925187283.5020
2026-07-16925187283.5021
2026-07-17925187283.5022
2026-07-18925187283.5023
2026-07-19925187283.5024
2026-07-20725217213.5421
2026-07-21825727383.5318
2026-07-22825727383.5319
2026-07-23926317503.5517
2026-07-24926147393.5918
2026-07-25825977253.6319
2026-07-26925587173.6118
2026-07-27925587173.6119
2026-07-28825977383.5516
2026-07-29825977383.5517
2026-07-30825977383.5518
2026-07-311026337603.5015
2026-08-01926757723.5017
2026-08-02926757723.5018
2026-08-03926757723.5019
2026-08-04826667633.5315
2026-08-051126437503.5711
2026-08-061126437503.5712
2026-08-071226197423.5812
2026-08-081126027323.6014
2026-08-091126027323.6015
2026-08-10926087283.6315
2026-08-11826537503.5817
2026-08-12926257393.5916
2026-08-13926257393.5917
2026-08-14926257393.5918
2026-08-15926257393.5919
2026-08-16926257393.5920
2026-08-171026587603.5419
2026-08-181026587603.5420
2026-08-191026587603.5421
2026-08-201026687603.5519
2026-08-211026687603.5520
2026-08-221026687603.5521
2026-08-231026687603.5522
2026-08-24926977723.5424
2026-08-25926977723.5425
2026-08-26926977723.5426
2026-08-27926977723.5427
2026-08-28926977723.5428
2026-08-29926977723.5429
2026-08-30926977723.5430
2026-08-31727117643.5935

12-Month Market Dynamics & Trend Trajectory

Nord East - Expo 3 has achieved a cumulative lifetime volume of 29 closed leases, posting an average rent of $2,472 per month at a rate of $3.42 per square foot across an average suite size of 737 square feet. The lifetime days on market average stands at 19 days, reflecting steady tenant turnover and consistent absorption across the property since completion. Transactions at the property display notable pricing discipline, with 41.4% of leases closing below asking price. Tenants successfully negotiated an average discount of $27 per month, representing a 1.07% markdown from initial listing prices and yielding $324 in annual tenant savings.

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)
2026-05-03122006503.3827
2026-05-10325338673.2123
2026-05-17127258503.2144
2026-05-24127508443.2626
2026-05-31223506503.6248
2026-06-07124006503.6928
2026-06-14223256503.5820
2026-06-21425007513.3417
2026-06-28122005504.0027
2026-07-050N/AN/AN/AN/A
2026-07-12227008313.258
2026-07-19424887503.3411
2026-07-26122506503.466
2026-08-02128008503.298
2026-08-09225007013.668
2026-08-160N/AN/AN/AN/A
2026-08-23123506503.6212
2026-08-30123506503.6224

Nearby Building Rental Comparables & Price Spreads

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

Nord East - Expo 3 competes directly within the Vaughan Metropolitan Centre micro-market alongside four nearby residential buildings located within 0.15 kilometers: Nord West at Expo 4 (2916 Highway 7, built in 2020, 29 active listings), Expo (2900 Highway 7, built in 2016, 15 active listings), Expo 2 (2910 Highway 7, built in 2017, 11 active listings), and CG Tower (2920 Highway 7, built in 2025, 57 active listings). This competitive set features a distinct architectural split between mid-2010s developments and early-to-mid 2020s high-rise completions, directly influencing suite layouts and modern finish standards. Across this four-building competitive group, the overall micro-market averages a lease rent of $2,574 per month at $3.31 per square foot across an average suite size of 793 square feet. Nord East - Expo 3 positions itself as an established 457-suite residential development offering balanced spatial efficiency that trades close to local baseline metrics, balancing its 2020 construction era against older 2016-2017 inventory and newer 2025 additions.

2916 Highway 7, Vaughan

Avg Asking$2,520/mo
Avg $/SF$3.43
Rent Spread:
-$191/mo (-7.0%) Lower
Expo102 m

2900 Highway 7, Vaughan

Avg Asking$2,717/mo
Avg $/SF$3.17
Rent Spread:
+$7/mo (+0.3%) Higher
Expo 2115 m

2910 Highway 7, Vaughan

Avg Asking$2,799/mo
Avg $/SF$3.22
Rent Spread:
+$88/mo (+3.2%) Higher

2920 Highway 7, Vaughan

Avg Asking$2,346/mo
Avg $/SF$3.40
Rent Spread:
-$365/mo (-13.5%) Lower

950 Portage Pkwy, Vaughan

Avg Asking$2,232/mo
Avg $/SF$3.46
Rent Spread:
-$478/mo (-17.6%) Lower
The Met379 m

7895 Jane St, Vaughan

Avg Asking$2,379/mo
Avg $/SF$3.79
Rent Spread:
-$332/mo (-12.2%) Lower

Comparable Analysis & Questions

How do rental rates at Nord East - Expo 3 compare to neighbouring buildings within Vaughan Metropolitan Centre?

Nord East - Expo 3 achieves an average lease rent of $2,472 per month, which tracks below the overall competitive set average of $2,574 per month across key benchmarks including Nord West at Expo 4, Expo, Expo 2, and CG Tower. Nord West at Expo 4 (located 0.04 kilometers away at 2916 Highway 7) reports an average lease rent of $2,516 per month at $3.45 per square foot across an average of 738 square feet with 29 active listings. Expo (located 0.1 kilometers away at 2900 Highway 7) records an average lease rent of $2,747 per month at $3.16 per square foot across an average of 883 square feet with 15 active listings. Expo 2 (located 0.12 kilometers away at 2910 Highway 7) logs an average lease rent of $2,720 per month at $3.14 per square foot across an average of 869 square feet with 11 active listings. CG Tower (located 0.15 kilometers away at 2920 Highway 7) registers an average lease rent of $2,313 per month at $3.47 per square foot across an average of 682 square feet with 57 active listings.

Does Nord East - Expo 3 offer a competitive price-per-square-foot ($/SF) against local comparables?

Nord East - Expo 3 establishes its value proposition by delivering a realized average lease rate of $3.42 per square foot across an average size of 737 square feet, positioning itself competitively against the submarket average lease rate of $3.71 per square foot. Renters evaluating Nord East - Expo 3 against older neighborhood alternatives like Expo trade down in total square footage—moving from Expo's larger 883 square foot footprints—while gaining modern 2020 construction standards, improved layout efficiency, and reduced utility burdens. When compared to adjacent 2020 peer Nord West at Expo 4 (738 square feet at $3.45 per square foot), Nord East - Expo 3 trades at a lower rate per square foot while offering highly aligned spatial dimensions. Meanwhile, against newer 2025 inventory like CG Tower (682 square feet at $3.47 per square foot), Nord East - Expo 3 provides more generous interior square footage at a lower rate per square foot.

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

Nord East - Expo 3 delivers an extensive suite of recreational and lifestyle amenities that rivals or exceeds the offerings found across competing high-rises in the Vaughan Metropolitan Centre. Nord East - Expo 3 features fifteen signature amenities, highlighted by a concierge and security team, an indoor pool, an outdoor pool, a rooftop terrace, a pet wash station, and a yoga studio, outmatching the baseline amenity packages of older mid-2010s peers like Expo (which lacks a pet wash station and outdoor aquatic facilities) while matching the comprehensive packages of modern counterparts like Nord West at Expo 4 and CG Tower. This robust amenity profile particularly serves young professionals, couples, and pet owners seeking a resort-style lifestyle paired with modern building infrastructure.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Nord East - Expo 3.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Outdoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Dining Room & Kitchen
  • Media & Theatre Room
  • Games & Billiards Room
  • Business Centre
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard
  • Pet Wash Station

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Nord East - Expo 3.

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.