4091-4101 Sheppard Avenue East Condos — Rental Market Data

4091-4101 Sheppard Avenue East Condos has two active listings as of August 31, 2026, with asking rents ranging from $2,700 to $2,850 per month, an average of $2,775 per month, and a median of $2,775 per month. Both units measure 1,300 square feet at an asking rate of $2.13 per square foot, and the entire active inventory is concentrated in the 3-Bedroom+ tier at 100 percent share. This small selection skews toward expansive multi-bedroom executive layouts rather than compact entry-level suites.

The dominant active layout at 4091-4101 Sheppard Avenue East Condos is the 3-Bedroom+ tier, accounting for both available units and 100 percent of active inventory. This small selection of two listings averages $2,775 per month across 1,300 square feet at $2.13 per square foot, with no one-bedroom or two-bedroom units currently on the market. Renters seeking smaller footprints will need to look beyond this building for available options.

4091-4101 Sheppard Avenue East Condos shows a $150 spread between its minimum entry rent of $2,700 per month and peak asking rent of $2,850 per month, a 5.6 percent range. The median asking rent sits at $2,775 per month, and the entry-level suite is a 3-Bedroom+ unit at 1,300 square feet priced at $2.08 per square foot. The peak listing, also a 3-Bedroom+ at 1,300 square feet, asks $2.19 per square foot, reflecting a modest internal differentiation within the same layout tier.

Den premium and square-footage delta data for 4091-4101 Sheppard Avenue East Condos are unquantified, as the active sample does not include paired units with and without a den to isolate marginal cost. Parking stall premiums also cannot be reliably isolated from the current data, as the available sample is insufficient to produce a meaningful figure. Renters should request parking and den-specific pricing directly from the leasing office when touring these two units.

4091-4101 Sheppard Avenue East Condos asks an average of $2,775 per month at $2.13 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 $165 higher than the submarket average, but this variance is entirely explained by its 1,300-square-foot suites versus the submarket implied average of 882 square feet—on a rate basis, the building trades at a 28 percent discount to the submarket asking rate. The two active listings represent 2 out of 22 available units in the Scarborough North submarket.

The subject building's all-time average realized lease rent of $2,663 per month sits $246 above the overall comp benchmark of $2,417, with the spread driven by suite size rather than per-area pricing. Against 3765 Sheppard Townhouses at 3765 Sheppard Avenue E (0.81 km, one closed lease, $2,700 average rent, $2.45 per square foot, 1,100 square feet), the subject trades at a $37-per-month lower rent, a gap attributable to its 50-square-foot smaller footprint. Kennedy Place at 100 Dundalk Drive (1.54 km, two closed leases, $2,300 average rent, $2.55 per square foot, 900 square feet) shows the subject commanding a $363-per-month higher rent, a differential explained by the subject's 150 additional square feet of interior space. The Copenhagen Condos at 1112 Glamorgan Avenue (1.63 km, one closed lease, $2,250 average rent, $3.00 per square foot, 750 square feet) reveals a $413-per-month higher subject rent, entirely a function of the subject's 300-square-foot larger suite. The zero-transaction reference building at 4101 Sheppard Avenue E (0.09 km) has no realized rent benchmark to compare against.

At $2.54 per square foot and 1,050 average square feet, the subject building offers a larger interior footprint at a lower per-area rate than two of its three active competitors, positioning it as a space-maximizing option in this pocket of Scarborough North. Against 3765 Sheppard Townhouses, the subject commands a $0.09-per-square-foot (3.7%) premium over the comp's $2.45 rate while providing 50 fewer square feet; the $37-per-month lower nominal rent is a direct consequence of the smaller footprint, not a discount in asset value. Versus Kennedy Place, the subject trades at a $0.01-per-square-foot (0.4%) discount below the comp's $2.55 rate while delivering 150 more square feet, meaning the $363-per-month higher rent is purely a function of the expanded interior area. The sharpest contrast appears with The Copenhagen Condos, where the subject trades at a $0.46-per-square-foot (15.3%) discount below the comp's $3.00 rate yet provides 300 more square feet; the $413-per-month higher rent is entirely driven by the subject's expansive suite configuration rather than any per-area premium.

The subject building fields a ten-item amenity suite spanning aquatic recreation, fitness, sports courts, remote-work facilities, and pet services, a package that outstrips the offerings at two of its three active competitors. Compared with 3765 Sheppard Townhouses, which provides only a party room and concierge desk, the subject adds an indoor pool, sauna and steam room, gym, tennis and pickleball court, basketball court, meeting room, games and billiards room, and a pet wash station. Against Kennedy Place, the subject distinguishes itself with an indoor pool, basketball court, and games and billiards room that Kennedy Place does not offer, while Kennedy Place counters with an outdoor children's playground absent from the subject. The Copenhagen Condos provides a media and theatre room, shared laundry, and rec room that the subject lacks, but the subject's aquatic facilities (indoor pool, sauna), dual sports courts, and pet wash station are entirely absent from The Copenhagen Condos. This lifestyle package—anchored by aquatic wellness, multi-sport courts, and dedicated pet care—best serves families and active professionals in their mid-thirties to fifties who prioritize on-site recreation and a full-service residential experience over compact, amenity-light alternatives.