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Market Data as of August 31, 2026

Centro Square Condos - Tower B — Rental Market Data

3700 Highway 7, Vaughan, Ontario L4L 0G8
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,600

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2018
Total Suites333
DeveloperLiberty Development Corp.

Centro Square Condos – Tower B at 3700 Highway 7 in Woodbridge, Vaughan, is a 333-suite residential building completed in 2018 by Liberty Development Corp. As of August 31, 2026, a single unit is actively listed, representing a 0.3 percent availability rate. Leasing activity has been modest but steady: two leases closed in the past 30 days at an average of $2,250 per month with a 24-day marketing cycle, while eight leases signed over the trailing 90 days averaged $2,288 per month and took 38 days to close.

The lone active listing asks $2,600 per month for a 650-square-foot one-bedroom plus den, equating to $4.00 per square foot. That asking rate sits above the 90-day realized lease average of $2,288 per month and the 30-day average of $2,250, suggesting the current unit is priced at a premium relative to recent closed deals. Against the broader Woodbridge submarket asking benchmark of $3.53 per square foot, the building's active rate runs 13.3 percent higher on a per-square-foot basis, reflecting the den-inclusive layout and the specific unit's positioning within the tower.

Marketing friction is minimal given the single-listing sample: the 24-day average DOM for recent 30-day leases aligns closely with the submarket's 27-day average, and no delisted units are on record, indicating no overpricing or stale inventory. Tenants have demonstrated modest negotiating leverage, with 50 percent of recent leases closing at or below asking and an average concession of $25 per month (1.07 percent) in the tenant's favour. Inventory depth is effectively limited to one tier: the one-bedroom plus den layout holds 100 percent of active availability, leaving no multi-bedroom or studio alternatives for renters seeking a different footprint at this address.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Centro Square Condos - Tower B as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-1 (50.0%)
Avg Asking Rent$2,600
+$325 (14.3%)
Avg Suite Size650 sf
+50 sf (8.3%)
Avg Days on Market26d
+25d (1633.3%)
Avg Asking $/SF$4.00
+$0.19 (5.1%)

Active Market Insights & Questions

How has rental availability changed at Centro Square Condos - Tower B recently?

Centro Square Condos – Tower B carries one active listing as of August 31, 2026, with both the minimum and maximum asking rent at $2,600 per month and a median of $2,600. The available suite measures 650 square feet at an asking rate of $4.00 per square foot. This single listing is a one-bedroom plus den, meaning 100 percent of current inventory falls into that layout tier, and there are no compact studio or multi-bedroom executive options on the market at this time.

What floor plans and unit layouts are currently available at Centro Square Condos - Tower B?

The one-bedroom plus den layout is the sole active configuration at Centro Square Condos – Tower B, accounting for 100 percent of available inventory with one unit listed. That unit asks $2,600 per month for 650 square feet, translating to $4.00 per square foot. No other bedroom tiers—studio, one-bedroom without den, two-bedroom, or three-bedroom—currently have active listings in the building.

What is the average asking rent and $/SF by suite size at Centro Square Condos - Tower B?

Centro Square Condos – Tower B has a single active listing, so the asking spread is $0 and 0 percent, with availability concentrated at one price point of $2,600 per month. The entry-level and peak suite are the same unit: a one-bedroom plus den measuring 650 square feet at $4.00 per square foot. Renter choice at this address is therefore limited to this one configuration, and no lower-priced or larger alternative is currently on the market.

How much extra do parking spaces and dens cost at Centro Square Condos - Tower B?

Centro Square Condos – Tower B does not have a quantified den premium or square-footage delta available from current active listings, as the single listing already includes the den in its base rent of $2,600 per month. Marginal cost per square foot for the den space cannot be isolated without a comparable one-bedroom-without-den listing at the same address. Parking stall costs also cannot be reliably determined from the current sample; the data is inconclusive due to insufficient paired listings, and no verified parking premium should be assumed.

How do asking rents at Centro Square Condos - Tower B compare to local and municipal benchmarks?

Centro Square Condos – Tower B's active asking rent of $2,600 per month and $4.00 per square foot both exceed the Woodbridge submarket asking averages of $2,517 per month and $3.53 per square foot, placing the building 13.3 percent above the submarket on a per-square-foot basis. The higher nominal rent is consistent with the den-inclusive layout rather than a pricing anomaly, as the 650-square-foot footprint is in line with typical one-bedroom-plus-den sizing in the area. The building represents one of 23 active listings across the Woodbridge submarket, or roughly 4.3 percent of total available inventory.

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 Centro Square Condos - Tower B (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,250
Avg Leased Size679 sf
Avg Days to Lease24d
Leased $/SF$3.77

Leased Transaction Insights & Questions

How many suites were leased at Centro Square Condos - Tower B last month, and how fast did they rent?

Centro Square Condos – Tower B closed leases in 24 days on average over the past 30 days, compared to 38 days over 90 days and a lifetime average of 49 days, against a Woodbridge submarket benchmark of 27 days. The building recorded 2 closed leases in the trailing 30 days, 8 in the trailing 90 days, and 14 over the full tracked year. Leasing turnover accelerated noticeably through the summer, with the 30-day DOM sitting well below both the 90-day and lifetime averages, signalling that units are moving faster than they did earlier in the year.

What is the negotiation spread between asking rents and closed lease prices at Centro Square Condos - Tower B?

Centro Square Condos – Tower B tenants negotiated an average discount of $25 per month (1.07% below asking), translating to $300 in annual savings per unit. Exactly 50.0% of closed leases settled under the listed asking price, confirming that prospective renters are actively pushing back on sticker pricing. This is a tenant-favourable dynamic: landlords at this building are conceding on price rather than holding firm, and the net negotiation spread of -$25/month reflects genuine landlord concessions rather than any premium over asking.

What are typical executed lease prices across different layouts at Centro Square Condos - Tower B?

The two highest-volume anchor layouts at Centro Square Condos – Tower B are the 1-Bedroom + Den and the 2-Bedroom, each accounting for 35.7% of closed leases. The 1-Bedroom + Den (5 leases, moderate sample) averaged $2,350 per month with a median of $2,300, a P25–P75 range of $2,300 to $2,350, an average size of 629 square feet at $3.75 per square foot, and a 41-day DOM. The 2-Bedroom (5 leases, moderate sample) averaged $2,785 per month with a median of $2,775, a P25–P75 range of $2,700 to $2,850, an average size of 824 square feet at $3.38 per square foot, and a 73-day DOM. The 1-Bedroom tier (4 leases) is a limited sample size and serves as a directional indicator only; it averaged $2,138 per month with a median of $2,150, a P25–P75 range of $2,088 to $2,200, an average size of 560 square feet at $3.82 per square foot, and a 28-day DOM.

What measurable rent premium did suites with parking achieve in closed leases at Centro Square Condos - Tower B?

Centro Square Condos – Tower B does not have sufficient paired lease data to isolate a reliable parking premium, so no realized parking value can be quoted. The active listing also shows an unreliable or insufficient sample for parking pricing, meaning the parking premium cannot be cleanly separated from the suite rent. Tenants and landlords at this building should treat any parking figure as bundled into the suite rate rather than a standalone, verifiable line item.

How does the lease-to-listing ratio at Centro Square Condos - Tower B reflect current tenant demand?

Centro Square Condos – Tower B shows a clear downward rent trajectory from spring through late summer, with average realized rents falling from $2,725 in April to $2,250 in August. April saw 3 closed deals averaging $2,725 per month at $3.55 per square foot with a 39-day DOM. May closed 3 deals at an average of $2,583 per month, $3.42 per square foot, and an 86-day DOM. June was the busiest month with 5 closed deals averaging $2,340 per month, $3.78 per square foot, and a 47-day DOM. July recorded just 1 closed deal at $2,100 per month, $3.57 per square foot, and a 21-day DOM. August closed 2 deals averaging $2,250 per month, $3.77 per square foot, and a 24-day DOM.

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
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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)
2026-04-27825386883.7336
2026-04-28825386883.7337
2026-04-29825386883.7338
2026-04-30725146933.6833
2026-05-01725146933.6834
2026-05-02725146933.6835
2026-05-03725146933.6836
2026-05-04725146933.6837
2026-05-05725146933.6838
2026-05-06824696753.7134
2026-05-07824696753.7135
2026-05-08824696753.7136
2026-05-09824696753.7137
2026-05-10824696753.7138
2026-05-11824696753.7139
2026-05-12824696753.7140
2026-05-13824696753.7141
2026-05-14824696753.7142
2026-05-15824696753.7143
2026-05-16824696753.7144
2026-05-17824696753.7145
2026-05-18824696753.7146
2026-05-19824696753.7147
2026-05-20824696753.7148
2026-05-21824696753.7149
2026-05-22824696753.7150
2026-05-23724366593.7529
2026-05-24724366593.7530
2026-05-25624506623.7732
2026-05-26624506623.7733
2026-05-27624506623.7734
2026-05-28524006243.8836
2026-05-29524006243.8837
2026-05-30623506123.8732
2026-05-31623506123.8733
2026-06-01623506123.8734
2026-06-02623506123.8735
2026-06-03523406043.9124
2026-06-04523406043.9125
2026-06-05523406043.9126
2026-06-06523406043.9127
2026-06-07523406043.9128
2026-06-08523406043.9129
2026-06-09424006183.9336
2026-06-10424006183.9337
2026-06-11424006183.9338
2026-06-12424006183.9339
2026-06-13424006183.9340
2026-06-14424006183.9341
2026-06-15424006183.9342
2026-06-16223005504.1853
2026-06-17223005504.1854
2026-06-18122505504.0955
2026-06-19122505504.0956
2026-06-20122505504.0957
2026-06-21122505504.0958
2026-06-22122505504.0959
2026-06-23122505504.0960
2026-07-06121505883.66N/A
2026-07-07224737123.501
2026-07-08224737123.502
2026-07-09224737123.503
2026-07-10224737123.504
2026-07-11224737123.505
2026-07-12224737123.506
2026-07-13224737123.507
2026-07-14224737123.508
2026-07-15224737123.509
2026-07-16224737123.5010
2026-07-17224737123.5011
2026-07-18224737123.5012
2026-07-19224737123.5013
2026-07-20121505883.6614
2026-07-21121505883.6615
2026-07-22121505883.6616
2026-07-23121505883.6617
2026-07-24121505883.6618
2026-07-25121505883.6619
2026-07-26121505883.6620
2026-07-28122005504.00N/A
2026-07-29122005504.001
2026-07-30122005504.002
2026-07-31222756003.812
2026-08-01222756003.813
2026-08-02222756003.814
2026-08-03222756003.815
2026-08-04222756003.816
2026-08-05323836173.874
2026-08-06323836173.875
2026-08-07323836173.876
2026-08-08323836173.877
2026-08-09323836173.878
2026-08-10323836173.879
2026-08-11323836173.8710
2026-08-12323836173.8711
2026-08-13323836173.8712
2026-08-14323836173.8713
2026-08-15323836173.8714
2026-08-16323836173.8715
2026-08-17323836173.8716
2026-08-18323836173.8717
2026-08-19224756503.8117
2026-08-20224756503.8118
2026-08-21224756503.8119
2026-08-22224756503.8120
2026-08-23224756503.8121
2026-08-24224756503.8122
2026-08-25126006504.0020
2026-08-26126006504.0021
2026-08-27126006504.0022
2026-08-28126006504.0023
2026-08-29126006504.0024
2026-08-30126006504.0025
2026-08-31126006504.0026

12-Month Market Dynamics & Trend Trajectory

Centro Square Condos – Tower B has closed 14 leases over its tracked history, averaging $2,445 per month at $3.64 per square foot across suites that average 679 square feet. The lifetime average DOM stands at 49 days, and the building has maintained a steady tenant turnover cadence with no single month dominating volume beyond June's 5 closed deals. The 333-suite inventory means even a handful of transactions represents meaningful movement in a mid-rise Vaughan rental pool. On pricing discipline, 50.0% of closed leases settled below the listed asking price, and the net negotiation spread of -$25 per month (1.07%) confirms a tenant-favourable environment. Tenants at Centro Square Condos – Tower B are extracting an average $300 in annual savings through negotiation, indicating that landlords are willing to concede on price rather than let units sit unrented. This is a clear landlord concession pattern, not a premium-over-asking dynamic, and prospective renters should factor in that room for negotiation when evaluating offers.

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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
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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)
2026-05-17127007853.44202
2026-05-24225257483.4129
2026-05-31123006503.5464
2026-06-07120505503.736
2026-06-14225756853.8353
2026-06-21122005504.0061
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26121005883.5721
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-16122005504.0022
2026-08-23123006503.5425

Nearby Building Rental Comparables & Price Spreads

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

Centro Square Condos – Tower B at 3700 Highway 7 sits in a tight competitive cluster of four nearby buildings, the closest being its sister tower, Centro Square Condos – Tower A at 3600 Highway 7, which shares the same 2018 completion year and recorded 22 closed leases over the trailing 180 days. Just over a kilometer away, three Festival-branded towers completed in 2025 dominate the secondary set: Festival – Signature Tower at 225 Commerce St (1.06 km, 62 closed leases), Festival – Landmark Tower at 195 Commerce St (1.07 km, 77 closed leases), and Grand Festival – Landmark Tower at 28 Interchange Way (1.22 km, 89 closed leases). The structural gap is stark—Tower B belongs to the 2018 generation while all three Festival properties are 2025 builds, giving the newer towers a seven-year edge in finishes and systems. Across the four comparables, the average closed-lease rent lands at $2,137 per month with a blended rate of $3.78 per square foot and an average suite size of 573 square feet. Tower B's all-time leased average of $2,445 per month on 679 square feet places it above the comp set in absolute dollar terms yet below every single competitor on a per-square-foot basis, ranging from a $0.04 discount versus Tower A to a $0.22 discount versus Festival – Landmark Tower. For a renter weighing scale against sticker price, Tower B delivers the largest interior footprint in this micro-market while trading at the most competitive rate per square foot, a value proposition that widens as you compare against the 520-to-577-square-foot suites typical of the 2025 Festival cohort.

3600 Highway 7, Vaughan

Avg Asking$2,478/mo
Avg $/SF$3.67
Rent Spread:
-$122/mo (-4.7%) Lower

225 Commerce St, Vaughan

Avg Asking$2,147/mo
Avg $/SF$3.78
Rent Spread:
-$453/mo (-17.4%) Lower

195 Commerce St, Vaughan

Avg Asking$2,029/mo
Avg $/SF$3.92
Rent Spread:
-$571/mo (-22.0%) Lower

28 Interchange Way, Vaughan

Avg Asking$2,058/mo
Avg $/SF$3.91
Rent Spread:
-$542/mo (-20.8%) Lower

10 Honeycrisp Cres, Vaughan

Avg Asking$2,146/mo
Avg $/SF$3.95
Rent Spread:
-$454/mo (-17.5%) Lower

5 Buttermill Ave, Vaughan

Avg Asking$2,372/mo
Avg $/SF$3.38
Rent Spread:
-$228/mo (-8.8%) Lower

Comparable Analysis & Questions

How do rental rates at Centro Square Condos - Tower B compare to neighbouring buildings within Woodbridge?

Centro Square Condos – Tower B's all-time average closed-lease rent of $2,445 per month sits $308 above the four-comp average of $2,137, yet that premium is entirely explained by its larger 679-square-foot suites rather than a higher per-square-foot rate. Centro Square Condos – Tower A at 3600 Highway 7 closed leases averaging $2,364 per month at $3.68 per square foot across 649 square feet. Festival – Signature Tower at 225 Commerce St recorded an average of $2,158 per month, $3.76 per square foot, and 577 square feet. Festival – Landmark Tower at 195 Commerce St came in at $1,976 per month, $3.86 per square foot, and 520 square feet. Grand Festival – Landmark Tower at 28 Interchange Way closed at $2,050 per month, $3.82 per square foot, and 546 square feet.

Does Centro Square Condos - Tower B offer a competitive price-per-square-foot ($/SF) against local comparables?

At $3.64 per square foot on 679 average square feet, Centro Square Condos – Tower B undercuts every nearby competitor on a rate-per-square-foot basis while offering the largest interior footprint in the set. Compared with Centro Square Condos – Tower A's 649 square feet at $3.68 per square foot, Tower B provides 30 additional square feet at a $0.04-per-square-foot discount. Against Festival – Signature Tower's 577 square feet at $3.76 per square foot, the subject adds 102 square feet while charging $0.12 less per square foot. The gap widens further versus Festival – Landmark Tower (520 sq ft at $3.86/SF, a 159-square-foot advantage and $0.22 discount) and Grand Festival – Landmark Tower (546 sq ft at $3.82/SF, a 133-square-foot advantage and $0.18 discount). In practical terms, a renter choosing Tower B gains meaningful extra living area—roughly the size of a walk-in closet to a small den—without paying a per-square-foot premium over any of the 2025-built alternatives.

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

Centro Square Condos – Tower B fields a 16-item amenity suite that, while overlapping with its sister tower, distinguishes itself from the three Festival properties through several lifestyle features absent from their offerings. The on-site Car Wash Bay is unique to the Centro Square pair and missing from all three Festival towers. The dedicated Golf Simulator gives Tower B residents a private practice facility that none of the 2025 Festival buildings replicate. The Hot Tub & Jacuzzi pairing appears at Tower B but is absent from both Festival – Signature Tower and Festival – Landmark Tower. The full-service Dining Room & Kitchen, while shared with Grand Festival, is not offered at Festival – Signature Tower. Finally, the landscaped Garden & Courtyard grounds Tower B in a way the elevated, bridge-connected Festival towers do not match. Together, these features—car wash convenience, golf simulation, hydrotherapy, communal dining, and ground-level green space—position Tower B as the strongest fit for established professionals and small families who want resort-style daily amenities without the compact-suite trade-offs of the newer Festival inventory.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Centro Square Condos - Tower B.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Golf Simulator
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Centro Square Condos - Tower B.

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.