40 Scollard — Rental Market Data

40 Scollard has one active rental listing as of August 31, 2026, asking $2,500 per month with both the average and median rent at that same figure. The available suite spans 650 square feet at an asking rate of $3.85 per square foot, and the 100 percent one-bedroom composition means all current inventory is entry-level in bedroom count. With only a single unit on the market, the building offers no multi-bedroom executive layouts or upper-tier options for renters seeking larger footprints.

The sole active layout at 40 Scollard is a one-bedroom unit, representing 100 percent of available inventory with one listing. That one-bedroom suite averages 650 square feet at $2,500 per month and $3.85 per square foot, and it is flagged as a single-listing sample tier, meaning no statistical spread or tier comparison is possible. No two-bedroom, three-bedroom, or den-included units are currently on the market at this address.

40 Scollard's active pricing spread is effectively zero, with both the minimum and peak asking rent at $2,500 per month across a single listing. The entry-level and peak suite are the same one-bedroom unit at 650 square feet and $3.85 per square foot, so no internal price gradient exists to compare. Renters evaluating this building should note that the absence of a spread reflects a single available unit rather than a uniform pricing strategy across multiple tiers.

Active den premiums at 40 Scollard cannot be quantified because no den-included units are currently listed, leaving the square-footage delta and marginal cost per square foot unmeasurable. Verified parking data from closed leases indicates a $295-per-month stall cost, but the active parking premium cannot be reliably isolated from the current single-listing sample. Renters should confirm parking availability and pricing directly with the leasing office, as the active dataset does not support a confident add-on quote.

40 Scollard's active asking rent of $2,500 per month and $3.85 per square foot compare to the Bloor-Yorkville submarket asking averages of $4,743 per month and $5.83 per square foot, placing the building at a 34 percent discount on a per-square-foot basis. The lower nominal rent is explained by the active suite's 650-square-foot footprint, which is 164 square feet smaller than the submarket implied average of 814 square feet. 40 Scollard accounts for one out of 100 active listings in the Bloor-Yorkville submarket, a one percent share of total available inventory.

40 Scollard's average realized lease rent of $2,498 per month sits $2,547 below the overall comp benchmark of $5,045, reflecting a compact-suite, lower-rate positioning against four active Scollard Street competitors. The nearest and most recent competitor, 50 Scollard (50 Scollard Street / 1315 Bay Street, 0.04 km, six closed leases), realized an average rent of $5,450 per month at $5.47 per square foot across 1,025 average square feet, placing the subject $2,952 lower on a monthly basis. Four Seasons Private Residences – East (55 Scollard St, 0.05 km, eight closed leases) posted the highest realized rent in the set at $9,394 per month ($7.38 per square foot, 1,314 average square feet), a $6,896 monthly gap above the subject. The Villas at 18 Yorkville (21 Scollard St, 0.06 km, two closed leases) averaged $2,825 per month at $4.70 per square foot over 600 square feet, keeping the subject $327 lower. Lotus (8 Scollard St, 0.07 km, seven closed leases) recorded $2,509 per month at $4.14 per square foot across 615 square feet, a marginal $11 difference from the subject's realized rent.

At $3.69 per square foot and 680 average square feet, 40 Scollard trades at a discount below every active competitor on Scollard Street and well under the Bloor-Yorkville submarket leased benchmark of $4.92 per square foot. Against 50 Scollard, the subject offers a $1.78-per-square-foot (32.5%) discount while providing 345 fewer interior square feet, so the lower nominal rent is driven by both a smaller interior footprint and a materially lower rate per square foot. Four Seasons Private Residences – East extends that gap: the subject trades at a $3.69-per-square-foot (50.0%) discount and delivers 634 fewer square feet, meaning the $6,896 monthly differential reflects a fundamentally larger luxury suite at the competitor rather than a pure valuation premium. The trade-off tightens with The Villas at 18 Yorkville, where the subject trades at a $1.01-per-square-foot (21.5%) discount yet provides 80 more interior square feet—here the lower nominal rent is purely a rate-per-square-foot advantage, not a size penalty. Lotus presents the closest comparison: the subject offers a $0.45-per-square-foot (10.9%) discount and 65 more square feet, with only an $11 monthly gap, making it the most direct value alternative for renters prioritizing interior space at a modestly lower rate.

40 Scollard provides a nine-item lifestyle package anchored by a squash and racquetball court, sauna and steam room, hot tub and jacuzzi, gym and fitness centre, party and lounge room, meeting room, dining room and kitchen, changing rooms, and concierge with security—a mid-tier amenity set that differentiates it from both the ultra-luxury and the compact-suite peers on Scollard Street. The squash and racquetball court is a signature feature absent from all four competitors: 50 Scollard substitutes indoor and outdoor pools, a spa, and a rooftop terrace; Four Seasons Private Residences – East offers an indoor pool, library, media room, and garden courtyard; The Villas at 18 Yorkville leans on a rooftop terrace, spin studio, and games room; and Lotus provides a juice bar, meditation den, and manicure-pedicure room. The subject's hot tub and jacuzzi also set it apart from The Villas and Lotus, neither of which includes aquatic wellness facilities. This package—combining active racquetball, aquatic recovery, and a dedicated dining and meeting space without the resort-scale amenities of the 2013 and 2026 builds—best serves cost-conscious professionals and small households in Bloor-Yorkville who want genuine recreational and social infrastructure without paying the premium attached to pool-and-spa luxury towers.