Pinnacle Toronto East — Rental Market Data

Pinnacle Toronto East features 2 active listings as of August 31, 2026, offering a price range of $2,300 to $2,700 per month with an average and median rent of $2,500 per month. Active suites average 806 square feet at an asking rate of $3.17 per square foot. Inventory is split evenly between 1-Bedroom + Den and 2-Bedroom configurations, providing balanced options for both compact and multi-occupant renters.

The dominant active layout at Pinnacle Toronto East is the 1-Bedroom + Den, accounting for 1 listing and a 50 percent share of active inventory. The 1-Bedroom + Den tier features 1 active listing averaging $2,300 per month across 650 square feet at $3.54 per square foot. The 2-Bedroom tier provides 1 active listing representing the remaining 50 percent share, averaging $2,700 per month across 961 square feet at $2.81 per square foot.

Pinnacle Toronto East demonstrates a minimum entry rent of $2,300 per month and a peak asking rent of $2,700 per month, creating a dollar spread of $400 and a percentage spread of 17.4 percent. Median asking rent registers at $2,500 per month. The entry-level suite consists of a 1-Bedroom + Den spanning 650 square feet priced at $3.54 per square foot, while the peak tier comprises a 2-Bedroom layout spanning 961 square feet priced at $2.81 per square foot.

Pinnacle Toronto East has insufficient active listing data to calculate a reliable den premium or square foot delta between layout tiers. Active parking premium data cannot be reliably isolated due to an insufficient paired sample.

Pinnacle Toronto East commands an average asking rent of $2,500 per month at $3.17 per square foot, comparing to the Scarborough North submarket asking benchmark of $2,566 per month at $3.29 per square foot. The building's asking rate per square foot trades 3.6 percent below the submarket average while representing 2.1 percent of submarket active inventory.

Pinnacle Toronto East records lease benchmarks that align closely with the overall competitive average of $2,261 per month, while tracking alongside key nearby developments such as Toronto East, East 3220, and 270 Palmdale Condos. Toronto East (3270 Sheppard Avenue E) reports an average lease rent of $2,307 per month at $3.43 per square foot across an average of 691 square feet. East 3220 (3220 Sheppard Ave E) achieves an average lease rent of $2,315 per month at $3.66 per square foot across 639 square feet. Pinnacle Toronto East (3249 Sheppard Ave E) averages $1,890 per month at $3.44 per square foot across 550 square feet. Meanwhile, the mature 270 Palmdale Condos (270 Palmdale Drive) registers an average lease rent of $2,533 per month at $2.30 per square foot across a significantly larger 1,100 square foot footprint.

Pinnacle Toronto East provides a competitive value proposition characterized by a lower rate per square foot relative to most modern new-build competitors, offering renters modern layout efficiencies and lower utility burdens compared to older alternatives. At 3260 Sheppard Avenue, the subject building trades at $2.55 per square foot based on available lease history, presenting a more accessible per-square-foot entry point than Toronto East at $3.43 per square foot, East 3220 at $3.66 per square foot, and Pinnacle Toronto East at 3249 Sheppard Ave E at $3.44 per square foot. While older alternatives like 270 Palmdale Condos trade at a rate of $2.30 per square foot for identical large footprints averaging 1,100 square feet, tenants at Pinnacle Toronto East benefit from contemporary finishes, upgraded building systems, and newer construction standards.

Pinnacle Toronto East delivers an extensive lifestyle and amenity package that surpasses many surrounding developments, featuring a concierge and security service, an outdoor pool, a gym and fitness centre, a yoga studio, and a rooftop terrace. When compared against East 3220, which offers a sauna, steam room, and business centre, or Toronto East, which shares a similar pool and fitness configuration, Pinnacle Toronto East distinguishes itself through dedicated multi-purpose spaces like a games and billiards room, an indoor kids' play room, and a sports lounge. Compared to the mature 270 Palmdale Condos—which relies on a shared laundry room and basic outdoor playground—Pinnacle Toronto East provides a fully modernized recreational offering. This comprehensive amenity ecosystem exceptionally serves urban professionals, young families, and lifestyle-focused tenants seeking full-service condominium living in Scarborough North.