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Market Data as of August 31, 2026

Villa Elegance at Bamburgh — Rental Market Data

3088 Kennedy Rd, Scarborough, Ontario M1V 5M4
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,480

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2000
Total Suites131
DeveloperTridel

Villa Elegance at Bamburgh, located at 3088 Kennedy Rd in the Scarborough North neighborhood of Scarborough, is an established residential development completed in 2000 by developer Tridel, featuring a total suite count of 131 units. The property currently maintains 1 active listing, reflecting an availability rate of 0.8 percent. Over the 90-day window, the building recorded 0 closed leases with an average of 0 days on market, and over the 30-day window, it recorded 0 closed leases with an average of 0 days on market.

Active asking rent sits at $2,480 per month with an average asking rate of $2.92 per square foot across an average active size of 850 square feet, comparing to realized 90-day leases where available inventory averages 850 square feet compared to historical 950-square-foot floor plans. The active asking rate per square foot trades 11.2 percent below the submarket asking benchmark of $3.29 per square foot.

Marketing friction remains minimal as historical lease transactions reflect 100 percent of deals closing below asking for an average tenant discount of $1,000 per year, and prospective renters face severely constrained selection with only 2-Bedroom layouts currently available across the entire property.

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Active Rental Inventory & Asking Rates

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

Active Units1
0
Avg Asking Rent$2,480
-$20 (0.8%)
Avg Suite Size850 sf
-100 sf (10.5%)
Avg Days on Market27d
-63d (70.0%)
Avg Asking $/SF$2.92
+$0.29 (10.9%)

Active Market Insights & Questions

How has rental availability changed at Villa Elegance at Bamburgh recently?

Villa Elegance at Bamburgh holds 1 active listing as of August 31, 2026, with an asking price range of $2,480 to $2,480 per month, an average asking rent of $2,480 per month, and a median asking rent of $2,480 per month. Current active inventory averages 850 square feet at an asking rate of $2.92 per square foot, entirely concentrated in 2-Bedroom configurations representing 100 percent of available stock, leaning exclusively toward multi-bedroom family layouts.

What floor plans and unit layouts are currently available at Villa Elegance at Bamburgh?

The dominant active layout at Villa Elegance at Bamburgh is the 2-Bedroom tier, accounting for 1 active listing and representing 100 percent of current inventory. This layout category features an average asking rent of $2,480 per month across an average size of 850 square feet, translating to an asking rate of $2.92 per square foot.

What is the average asking rent and $/SF by suite size at Villa Elegance at Bamburgh?

Villa Elegance at Bamburgh exhibits a minimum entry rent of $2,480 per month and a peak asking rent of $2,480 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. Median asking rent aligns at $2,480 per month, represented by a 2-Bedroom suite spanning 850 square feet at $2.92 per square foot for both entry and peak tiers.

How much extra do parking spaces and dens cost at Villa Elegance at Bamburgh?

Villa Elegance at Bamburgh has no active den premium data available, as the den square footage delta and marginal per-square-foot costs are unquantified. Active parking stall costs cannot be reliably isolated from current listings due to an insufficient sample.

How do asking rents at Villa Elegance at Bamburgh compare to local and municipal benchmarks?

Villa Elegance at Bamburgh asks an average rent of $2,480 per month at $2.92 per square foot, comparing to the Scarborough North submarket asking benchmark of $2,566 per month at $3.29 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing, with the building asking rate sitting 11.2 percent below the submarket asking benchmark while capturing 1.0 percent of 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)
2026-04-27125009502.6369
2026-04-28125009502.6370
2026-04-29125009502.6371
2026-04-30125009502.6372
2026-05-01125009502.6373
2026-05-02125009502.6374
2026-05-03125009502.6375
2026-05-04125009502.6376
2026-05-05125009502.6377
2026-05-06125009502.6378
2026-05-07125009502.6379
2026-05-08125009502.6380
2026-05-09125009502.6381
2026-05-10125009502.6382
2026-05-11125009502.6383
2026-05-12125009502.6384
2026-05-13125009502.6385
2026-05-14125009502.6386
2026-05-15125009502.6387
2026-05-16125009502.6388
2026-05-17125009502.6389
2026-05-18125009502.6390
2026-08-04124808502.92N/A
2026-08-05124808502.921
2026-08-06124808502.922
2026-08-07124808502.923
2026-08-08124808502.924
2026-08-09124808502.925
2026-08-10124808502.926
2026-08-11124808502.927
2026-08-12124808502.928
2026-08-13124808502.929
2026-08-14124808502.9210
2026-08-15124808502.9211
2026-08-16124808502.9212
2026-08-17124808502.9213
2026-08-18124808502.9214
2026-08-19124808502.9215
2026-08-20124808502.9216
2026-08-21124808502.9217
2026-08-22124808502.9218
2026-08-23124808502.9219
2026-08-24124808502.9220
2026-08-25124808502.9221
2026-08-26124808502.9222
2026-08-27124808502.9223
2026-08-28124808502.9224
2026-08-29124808502.9225
2026-08-30124808502.9226
2026-08-31124808502.9227

12-Month Market Dynamics & Trend Trajectory

Villa Elegance at Bamburgh has recorded a lifetime volume of 1 closed lease with an average rent of $2,400 per month, a rate of $2.53 per square foot, an average suite size of 950 square feet, and a lifetime days on market of 91 days, reflecting very low tenant turnover. Transaction distribution indicates that 100% of deals closed below asking price. Transactions settled below asking with an average tenant discount of $100 per month and a 4.00% price reduction, generating $1,200 in annual tenant savings. This pricing outcome reflects clear tenant leverage and landlord concessions during negotiations.

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
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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)
2026-05-17124009502.5391

Nearby Building Rental Comparables & Price Spreads

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

Villa Elegance at Bamburgh competes directly within the Scarborough North micro-market alongside nearby established buildings including The Manor at Bamburgh Gate at 1883 McNicoll Ave (0.14 km away, completed in 1999, 5 active listings), 4101 Steeles Avenue E at 4101 Steeles Avenue E (1.57 km away, completed in 2026, 0 active listings), Skypark at 255 Bamburgh Circ (1.66 km away, completed in 1984, 1 active listing), and Skygarden I at 2350 Bridletowne Circ (1.68 km away, completed in 1980, 0 active listings). These properties reflect a mix of late-1970s and 1980s developments alongside turn-of-the-millennium construction like Villa Elegance, which was completed in 2000. Across this competitive set, the overall comparable benchmark averages $2,755 per month at $2.42 per square foot across an average suite size of 1,205 square feet. Villa Elegance at Bamburgh occupies a mid-generation asset class position, trading below the broader submarket asking average while maintaining moderate scale and competitive pricing efficiency relative to its older neighbors.

1883 McNicoll Ave, Scarborough

Avg Asking$2,513/mo
Avg $/SF$2.91
Rent Spread:
+$33/mo (+1.3%) Higher

4101 Steeles Avenue E, Scarborough

Avg Asking$2,500/mo
Avg $/SF$2.63
Rent Spread:
+$20/mo (+0.8%) Higher
Skypark1.7 km

255 Bamburgh Circ, Scarborough

Avg Asking$3,306/mo
Avg $/SF$1.92
Rent Spread:
+$826/mo (+33.3%) Higher

225 Bamburgh Circ, Scarborough

Avg Asking$2,825/mo
Avg $/SF$2.57
Rent Spread:
+$345/mo (+13.9%) Higher

2050 Bridletowne Circle, Scarborough

Avg Asking$2,875/mo
Avg $/SF$2.31
Rent Spread:
+$395/mo (+15.9%) Higher

275 Bamburgh Circ, Scarborough

Avg Asking$2,700/mo
Avg $/SF$2.45
Rent Spread:
+$220/mo (+8.9%) Higher

Comparable Analysis & Questions

How do rental rates at Villa Elegance at Bamburgh compare to neighbouring buildings within Scarborough North?

Villa Elegance at Bamburgh records an average lease rent of $2,400 per month, comparing favorably against the overall micro-market comp average of $2,755 per month across key benchmarks such as The Manor at Bamburgh Gate and Skypark. Individual competing properties show distinct operating metrics: The Manor at Bamburgh Gate at 1883 McNicoll Ave logs an average lease rent of $2,560 per month at $2.86 per square foot across an average of 910 square feet; Skypark at 255 Bamburgh Circ posts an average lease rent of $2,950 per month at $1.97 per square foot across an average of 1,500 square feet; while 4101 Steeles Avenue E and Skygarden I at 2350 Bridletowne Circ currently report zero closed leases in the past 180 days with no active rental figures available.

Does Villa Elegance at Bamburgh offer a competitive price-per-square-foot ($/SF) against local comparables?

Villa Elegance at Bamburgh provides a competitive value proposition by leasing at an average of $2.53 per square foot across an average of 950 square feet, positioning itself attractively against older, oversized alternatives in the submarket. Renters trade massive, dated floor plans—such as Skypark's 1,500 square foot layouts at $1.97 per square foot—for Villa Elegance's more manageable 950 square foot footprint that delivers a higher rate per square foot ($2.53 per square foot) but eliminates excess utility burdens and wasted hallway space. Meanwhile, compared to The Manor at Bamburgh Gate's 910 square foot suites leasing at $2.86 per square foot, Villa Elegance offers 40 more interior square feet and trades at a lower rate per square foot, providing enhanced overall spatial efficiency for value-conscious households.

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

Villa Elegance at Bamburgh delivers a robust lifestyle and amenity package featuring a 24-hour concierge and security, an on-site gym and fitness centre, a dedicated party and lounge room, a car wash bay, and unique resident services like an on-site shuttle service and 24-hour medical care. When contrasted with nearby peers such as The Manor at Bamburgh Gate—which features an indoor pool, sauna, and rooftop terrace—Villa Elegance outpaces these properties by swapping traditional aquatic facilities for specialized wellness programming and medical support. Compared to expansive legacy complexes like Skypark and Skygarden I, which offer extensive outdoor courts and golf simulators, Villa Elegance prioritizes practical, high-frequency conveniences such as car wash bays and shuttle transit, making it ideally suited for seniors, healthcare workers, and professionals seeking low-maintenance urban suburban living.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Villa Elegance at Bamburgh.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room
  • Car Wash Bay
  • Shuttle Service
  • 24-hour On-site Medical Care
  • Recreation & Wellness Programming

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Villa Elegance at Bamburgh.

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.