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Market Data as of August 31, 2026

Pine Ridge Towers — Rental Market Data

3420 Eglinton Avenue E, Scarborough, Ontario M1J 2H9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
3-Bedroom+
1
$3,000

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1971
Total Suites76
DeveloperSRM Development LLC

Pine Ridge Towers is an established residential building located at 3420 Eglinton Avenue E in the Scarborough South neighborhood, developed by SRM Development LLC and completed in 1971. Spanning 76 total suites, the property currently maintains 1 active listing representing an availability rate of 1.3 percent. Marketing velocity for recent unrented inventory shows zero closed transactions and average days on market of 83 days across active units, alongside a delisted average of 39 days on market.

Active asking rent sits at $3,000 per month with an average rate of $2.00 per square foot, perfectly matching the sole 1,500 square foot layout currently on the market. Comparing this active asking rate to the broader submarket asking benchmark of $3.12 per square foot reveals a rate that is 35.9 percent lower per square foot. The single active listing offers a larger footprint than typical submarket inventory, driving a higher monthly nominal outlay while maintaining a discounted rate per square foot.

Marketing friction is evidenced by a delisted average price of $2,999 per month at $2.31 per square foot across 39 days on market, indicating that previous unrented inventory aligned closely with realized lease parity. Inventory availability is heavily constrained with zero units currently available outside of the 3-Bedroom+ tier, which claims 100 percent of active listings. Prospective tenants seeking smaller layouts face complete unavailability across studio, one-bedroom, and two-bedroom tiers.

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Active Rental Inventory & Asking Rates

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

Active Units1
-1 (50.0%)
Avg Asking Rent$3,000
+$1 (0.0%)
Avg Suite Size1,500 sf
+100 sf (7.1%)
Avg Days on Market83d
+47d (127.4%)
Avg Asking $/SF$2.00
-$0.15 (7.1%)

Active Market Insights & Questions

How has rental availability changed at Pine Ridge Towers recently?

Pine Ridge Towers features 1 active listing as of August 31, 2026, with an asking rent of $3,000 per month. The active inventory averages 1,500 square feet with an asking rate of $2.00 per square foot. The dominant layout share percentage stands at 100 percent, pointing entirely toward large-format multi-bedroom suites. Current inventory exclusively leans toward spacious family-sized layouts rather than compact entry-level configurations.

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

The dominant active layout at Pine Ridge Towers is the 3-Bedroom+ tier, accounting for 1 active listing and a 100 percent inventory share. This single tier features an average rent of $3,000 per month, an average square footage of 1,500 square feet, and an asking rate of $2.00 per square foot. There are zero units currently available across all other bedroom configurations.

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

Pine Ridge Towers records an active asking rent of $3,000 per month across 1 active listing. The median asking rent sits at $3,000 per month. The entry-level suite consists of a 3-Bedroom+ layout spanning 1,500 square feet at an asking rate of $2.00 per square foot, which mirrors the peak suite configuration exactly.

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

Pine Ridge Towers has an active den premium dollar amount and square footage delta of null as there are no den-specific configurations listed. Den sizes are unquantified due to the absence of comparative layout variants. Active parking premium data cannot be reliably isolated from current listings due to an insufficient sample.

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

Pine Ridge Towers asks an average rent of $3,000 per month at $2.00 per square foot, compared to the Scarborough South submarket asking benchmarks of $2,424 per month and $3.12 per square foot. The higher nominal monthly rent is driven by expansive suite sizing averaging 1,500 square feet rather than premium unit pricing. The building's asking rate per square foot sits 35.9 percent lower than the submarket asking benchmark while representing 25 percent of active submarket inventory across its 1 active listing.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Pine Ridge Towers (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,999
Avg Suite Size1,300 sf
Avg Days on Market39d
Delisted $/SF$2.31

De-Listed Market Analysis & Questions

How many listings de-listed at Pine Ridge Towers, and what was their re-listing price compared to previous asking?

Pine Ridge Towers recorded a total of 1 delisted unit, consisting of 1 terminated listing, 0 expired listings, and 0 suspended listings. The delisted-to-leased ratio percentage cannot be calculated because lifetime lease volume is zero.

How do asking prices on de-listed suites compare to executed leases and active listings at Pine Ridge Towers?

Pine Ridge Towers recorded an average delisted asking rent of $2,999 per month at $2.31 per square foot, but the nominal dollar spread and rate-per-square-foot gap relative to realized leases cannot be computed due to a complete absence of historical lease transactions.

What market friction causes rental listings to stall or de-list at Pine Ridge Towers?

Pine Ridge Towers registered an average delisted days on market of 39 days, while realized lease days on market remain unavailable due to zero closed transactions. The 39 days on market for the single unrented listing represents normal marketing duration without excessive vacancy carry costs.

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)
2026-05-111299913002.31N/A
2026-05-121299913002.311
2026-05-131299913002.312
2026-05-141299913002.313
2026-05-151299913002.314
2026-05-161299913002.315
2026-05-171299913002.316
2026-05-181299913002.317
2026-05-191299913002.318
2026-05-201299913002.319
2026-05-211299913002.3110
2026-05-222300013002.316
2026-05-232300013002.317
2026-05-242300013002.318
2026-05-252300013002.319
2026-05-262300013002.3110
2026-05-272300013002.3111
2026-05-282300013002.3112
2026-05-292300013002.3113
2026-05-302300013002.3114
2026-05-312300013002.3115
2026-06-012300013002.3116
2026-06-022300013002.3117
2026-06-032300013002.3118
2026-06-042300013002.3119
2026-06-052300013002.3120
2026-06-062300013002.3121
2026-06-072300013002.3122
2026-06-082300013002.3123
2026-06-093300013672.2016
2026-06-103300013672.2017
2026-06-113300013672.2018
2026-06-123300013672.2019
2026-06-133300013672.2020
2026-06-143300013672.2021
2026-06-153300013672.2022
2026-06-163300013672.2023
2026-06-173300013672.2024
2026-06-183300013672.2025
2026-06-193300013672.2026
2026-06-203300013672.2027
2026-06-213300013672.2028
2026-06-223300013672.2029
2026-06-233300013672.2030
2026-06-242300014002.1530
2026-06-252300014002.1531
2026-06-262300014002.1532
2026-06-272300014002.1533
2026-06-282300014002.1534
2026-06-292300014002.1535
2026-06-302300014002.1536
2026-07-012300014002.1537
2026-07-022300014002.1538
2026-07-032300014002.1539
2026-07-042300014002.1540
2026-07-052300014002.1541
2026-07-062300014002.1542
2026-07-072300014002.1543
2026-07-082300014002.1544
2026-07-091300015002.0030
2026-07-102300014002.1516
2026-07-112300014002.1517
2026-07-122300014002.1518
2026-07-132300014002.1519
2026-07-142300014002.1520
2026-07-152300014002.1521
2026-07-162300014002.1522
2026-07-172300014002.1523
2026-07-182300014002.1524
2026-07-192300014002.1525
2026-07-202300014002.1526
2026-07-212300014002.1527
2026-07-222300014002.1528
2026-07-232300014002.1529
2026-07-242300014002.1530
2026-07-252300014002.1531
2026-07-262300014002.1532
2026-07-272300014002.1533
2026-07-282300014002.1534
2026-07-292300014002.1535
2026-07-302300014002.1536
2026-07-312300014002.1537
2026-08-012300014002.1538
2026-08-022300014002.1539
2026-08-032300014002.1540
2026-08-042300014002.1541
2026-08-052300014002.1542
2026-08-062300014002.1543
2026-08-072300014002.1544
2026-08-082300014002.1545
2026-08-092300014002.1546
2026-08-102300014002.1547
2026-08-112300014002.1548
2026-08-122300014002.1549
2026-08-132300014002.1550
2026-08-142300014002.1551
2026-08-152300014002.1552
2026-08-162300014002.1553
2026-08-172300014002.1554
2026-08-181300015002.0070
2026-08-191300015002.0071
2026-08-201300015002.0072
2026-08-211300015002.0073
2026-08-221300015002.0074
2026-08-231300015002.0075
2026-08-241300015002.0076
2026-08-251300015002.0077
2026-08-261300015002.0078
2026-08-271300015002.0079
2026-08-281300015002.0080
2026-08-291300015002.0081
2026-08-301300015002.0082
2026-08-311300015002.0083

12-Month Market Dynamics & Trend Trajectory

Pine Ridge Towers has a lifetime leasing history characterized by zero recorded transactions, resulting in no available data for average rent, rate per square foot, average suite size, or lifetime days on market. Tenant turnover activity cannot be evaluated for this property due to the total absence of historical lease records. Pricing discipline and leverage cannot be assessed because the dataset contains zero transaction distributions at, under, or over asking. Net negotiation spreads and market leverage remain entirely inconclusive due to the lack of historical lease data.

Loading inventory data…

Nearby Building Rental Comparables & Price Spreads

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

Pine Ridge Towers, located at 3420 Eglinton Avenue E, is evaluated alongside a competitive set of nearby buildings in the Scarborough South micro-market, featuring structural generations ranging from established developments built in 1971 to newly completed additions expected in 2026. The immediate competitive landscape includes 180 Markham Condos (situated 0.7 kilometers away, built in 1971, with 4 closed leases in the past 180 days), 3111 Eglinton Avenue E (located 1.03 kilometers away, completed in 2026, with 0 closed leases), 3101 Eglinton Avenue East (positioned 1.09 kilometers away, completed in 2026, with 0 closed leases), and 55 Livingston Road (located 1.2 kilometers away, completed in 2026, with 1 closed lease in the past 180 days). Older properties like Pine Ridge Towers and 180 Markham Condos contrast with the newer architectural inventory by offering established community infrastructure. Across the micro-market, the overall comparable benchmark establishes an average lease rent of $3,825 per month, an average rate of $2.74 per square foot, and an average suite size of 1,382 square feet. Pine Ridge Towers maintains a stabilized presence within this cohort, offering spacious layouts that align with the traditional structural standards of its 1971 vintage. While newer developments command attention for modern aesthetic updates, Pine Ridge Towers provides a competitive value proposition based on its generous suite sizing and established community infrastructure relative to the broader submarket benchmarks.

3231 - 3233 Eglinton Ave E, Scarborough

Avg Asking$2,550/mo
Avg $/SF$2.85
Rent Spread:
-$450/mo (-15.0%) Lower

3655 Kingston Rd, Scarborough

Avg Asking$2,488/mo
Avg $/SF$3.25
Rent Spread:
-$513/mo (-17.1%) Lower

3650 Kingston Rd, Scarborough

Avg Asking$2,250/mo
Avg $/SF$3.03
Rent Spread:
-$750/mo (-25.0%) Lower

180 Markham Road, Scarborough

Avg Asking$2,850/mo
Avg $/SF$3.30
Rent Spread:
-$150/mo (-5.0%) Lower

10 Guildwood Pkwy, Scarborough

Avg Asking$2,800/mo
Avg $/SF$2.95
Rent Spread:
-$200/mo (-6.7%) Lower

20 Guildwood Pkwy, Scarborough

Avg Asking$3,400/mo
Avg $/SF$3.26
Rent Spread:
+$400/mo (+13.3%) Higher

Comparable Analysis & Questions

How do rental rates at Pine Ridge Towers compare to neighbouring buildings within Scarborough South?

Pine Ridge Towers averages an asking rent of $3,000 per month for its available inventory, comparing against an overall comparable market average of $3,825 per month across key benchmarks such as 180 Markham Condos and 55 Livingston Road. Individual competitor performance varies by asset age and floor plan scale within the micro-market. Specifically, 180 Markham Condos (located at 180 Markham Road) recorded an average lease rent of $2,650 per month at $2.14 per square foot across an average of 1,263 square feet. Meanwhile, 55 Livingston Road (located at 55 Livingston Road) achieved an average lease rent of $4,999 per month at $3.33 per square foot across an average of 1,500 square feet. Newer pipeline properties in the immediate vicinity, including 3111 Eglinton Avenue E and 3101 Eglinton Avenue East, currently report no closed leases within the past 180 days.

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

Pine Ridge Towers delivers a compelling value proposition by offering an active average asking rate of $2.00 per square foot across an average suite size of 1,500 square feet, positioning it below the broader comparable average of $2.74 per square foot and the submarket average asking rate of $3.12 per square foot. Renters evaluating Pine Ridge Towers against alternatives like 55 Livingston Road—which leases at $3.33 per square foot for a similar 1,500-square-foot footprint—benefit from a significantly reduced rate per square foot while retaining comparable family-sized proportions. Similarly, when compared to 180 Markham Condos at $2.14 per square foot across 1,263 square feet, Pine Ridge Towers provides extra spatial volume at an equivalent or better unit economics structure. Renters trade off the ultra-modern aesthetic finishes found in newer 2026 construction for substantial interior square footage, lower relative utility burdens on a per-square-foot basis, and lower overall cost-per-space metrics.

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

Pine Ridge Towers provides a robust lifestyle and amenity profile anchored by a concierge and security service, a gym and fitness centre, an outdoor pool, a sauna and steam room, and a party and lounge room. When contrasted with nearby peers, Pine Ridge Towers matches or exceeds traditional wellness offerings found at 180 Markham Condos—which includes a concierge and security service, shared laundry room, car wash bay, gym and fitness centre, outdoor pool, sauna and steam room, party and lounge room, meeting room, games and billiards room, and an outdoor children's playground—while offering a distinct wellness package compared to 55 Livingston Road, which features an outdoor pool, tennis and pickleball court, gym and fitness centre, sauna and steam room, EV charging station, BBQ area, party and lounge room, and a shared laundry room. Newer pipeline addresses like 3111 Eglinton Avenue E and 3101 Eglinton Avenue East lean heavily on outdoor children's play areas, gardens, and shared laundry rather than comprehensive indoor fitness suites. This amenity collection at Pine Ridge Towers particularly serves cost-conscious families and professionals seeking robust on-site fitness and recreational infrastructure without paying the premium rates associated with newly completed 2026 stock.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Pine Ridge Towers.

Data Methodology & Analytical Standards

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