Garden Series Condos 2 — Rental Market Data

Garden Series Condos 2 has four active rental listings as of August 31, 2026, with asking rents ranging from $2,150 to $2,950 per month, an average of $2,563, and a median of $2,575. The average suite measures 750 square feet at an asking rate of $3.48 per square foot. Inventory is anchored by one-bedroom-plus-den suites at 50 percent of active listings, with the remaining half split between a two-bedroom and a three-bedroom-plus, giving renters a modest spread from compact entry-level to executive multi-bedroom options.

The dominant active layout at Garden Series Condos 2 is the one-bedroom-plus-den, accounting for two of four listings or 50 percent of available inventory at an average asking rent of $2,200 per month across 600 square feet, or $3.70 per square foot. The two-bedroom tier holds a single listing at $2,900 per month for 850 square feet at $3.41 per square foot, while the three-bedroom-plus tier also carries one listing at $2,950 per month for 950 square feet at $3.11 per square foot.

Garden Series Condos 2 offers active asking rents from $2,150 to $2,950 per month, a dollar spread of $800 and a percentage spread of 37.2 percent. The median asking rent sits at $2,575 per month. The entry-level suite is a one-bedroom-plus-den at 650 square feet and $3.31 per square foot, while the peak listing is a three-bedroom-plus at 950 square feet and $3.11 per square foot, meaning the top-tier unit delivers more space at a lower per-square-foot rate.

Garden Series Condos 2 does not currently have a quantified den premium or square-footage delta isolating the cost of den space from base one-bedroom suites. Parking stall premiums also cannot be reliably isolated from the current active listings due to insufficient paired data, and no verified historical parking benchmark exists in the lease record for this building.

Garden Series Condos 2 asks an average of $2,563 per month at $3.48 per square foot, compared to the Scarborough North submarket asking benchmark of $2,610 per month at $2.96 per square foot. The building's nominal rent is slightly below the submarket average, but its per-square-foot rate runs 17.6 percent higher, a gap driven by the building's larger average suite size of 750 square feet rather than a premium on unit pricing. Garden Series Condos 2 represents four of the 22 active listings in the Scarborough North submarket, or roughly 18 percent of total available inventory.

Garden Series Condos 2's average closed-lease rent of $2,478 per month runs $13 above the four-comparable average of $2,465, placing it squarely in line with the immediate Sheppard Avenue East cluster. Sheppard Garden Condos at 3421 Sheppard Avenue E (0.05 km) closed leases averaging $2,383 per month at $3.52 per square foot on 683 square feet. The Garden Series On Sheppard at 3427 Sheppard Avenue (0.07 km) recorded a single closed lease at $2,643 per month, $2.40 per square foot, on 1,100 square feet. Toronto East at 3270 Sheppard Avenue E (0.41 km) averaged $2,307 per month at $3.43 per square foot on 691 square feet across twelve closed leases. Pinnacle Toronto East at 3260 Sheppard Avenue (0.45 km) closed two leases averaging $2,525 per month at $3.00 per square foot on 875 square feet.

Garden Series Condos 2 leases at $3.50 per square foot on an average 741-square-foot suite, a rate that sits above the submarket lease benchmark of $3.15 per square foot and reflects the building's 2026 completion and expanded amenity suite relative to nearby 2025-vintage peers. Against Sheppard Garden Condos (683 sq ft at $3.52/sq ft), the subject offers 58 more square feet at a $0.02 per square foot discount, making it the more space-efficient choice in that pairing. Compared with The Garden Series On Sheppard (1,100 sq ft at $2.40/sq ft), the subject trades 359 fewer square feet but commands a $1.10 per square foot premium, a trade-off renters accept for the building's newer systems and denser amenity stack. Versus Toronto East (691 sq ft at $3.43/sq ft), the subject provides 50 additional square feet at a $0.07 per square foot premium. Against Pinnacle Toronto East (875 sq ft at $3.00/sq ft), the subject offers 134 fewer square feet at a $0.50 per square foot premium, a gap renters offset with access to the sauna, pet wash, and co-working facilities those buildings lack.

Garden Series Condos 2 delivers a 15-feature amenity program that outpaces every nearby competitor on wellness, pet care, and professional workspace offerings. The building's dedicated Sauna & Steam Room has no equivalent at Sheppard Garden Condos, Toronto East, or Pinnacle Toronto East, giving residents an in-building recovery space those properties do not offer. The Pet Wash Station is absent from Sheppard Garden Condos, Toronto East, and Pinnacle Toronto East, making it a clear differentiator for the growing renter base with dogs. The Co-working Space provides a dedicated professional environment that Sheppard Garden Condos, Toronto East, and Pinnacle Toronto East do not match (The Garden Series On Sheppard offers a Business Centre, but the subject's co-working designation implies a more flexible, drop-in format). The Sports Lounge is missing from Sheppard Garden Condos and Toronto East, and the full-service Dining Room & Kitchen is not available at Sheppard Garden Condos. Together, this package best serves young professional and small-family renters in Scarborough North who want hotel-grade wellness, pet-friendly infrastructure, and on-site work space without leaving the building.