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Market Data as of September 30, 2026

The Towns on Danforth — Rental Market Data

41 Danforth Road, Scarborough, Ontario M1L 0J6
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,715/mo
Date Leased: July 21, 2026
Rent psf$3.62/sf
Turnover Velocity60 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypePurpose-Built Rental
Year Completed2020
Total Suites116
DeveloperHighrise Realty Group

The Towns on Danforth is a residential community located in Scarborough, Ontario. Completed in 2020, the property features an estimated 116 suites. The building currently features no active rental listings on record as of September 30, 2026.

Looking to compare? Explore more buildings in Scarborough South
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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$2,715/mo
Date LeasedJuly 21, 2026
Rent psf$3.62/sf
Turnover Velocity60 Days
Active Inventory Status0 Available

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)
2026-05-22127157503.62N/A
2026-05-23127157503.621
2026-05-24127157503.622
2026-05-25127157503.623
2026-05-26127157503.624
2026-05-27127157503.625
2026-05-28127157503.626
2026-05-29127157503.627
2026-05-30127157503.628
2026-05-31127157503.629
2026-06-01127157503.6210
2026-06-02127157503.6211
2026-06-03127157503.6212
2026-06-04127157503.6213
2026-06-05127157503.6214
2026-06-06127157503.6215
2026-06-07127157503.6216
2026-06-08127157503.6217
2026-06-09127157503.6218
2026-06-10127157503.6219
2026-06-11127157503.6220
2026-06-12127157503.6221
2026-06-13127157503.6222
2026-06-14127157503.6223
2026-06-15127157503.6224
2026-06-16127157503.6225
2026-06-17127157503.6226
2026-06-18127157503.6227
2026-06-19127157503.6228
2026-06-20127157503.6229
2026-06-21127157503.6230
2026-06-22127157503.6231
2026-06-23127157503.6232
2026-06-24127157503.6233
2026-06-25127157503.6234
2026-06-26127157503.6235
2026-06-27127157503.6236
2026-06-28127157503.6237
2026-06-29127157503.6238
2026-06-30127157503.6239
2026-07-01127157503.6240
2026-07-02127157503.6241
2026-07-03127157503.6242
2026-07-04127157503.6243
2026-07-05127157503.6244
2026-07-06127157503.6245
2026-07-07127157503.6246
2026-07-08127157503.6247
2026-07-09127157503.6248
2026-07-10127157503.6249
2026-07-11127157503.6250
2026-07-12127157503.6251
2026-07-13127157503.6252
2026-07-14127157503.6253
2026-07-15127157503.6254
2026-07-16127157503.6255
2026-07-17127157503.6256
2026-07-18127157503.6257
2026-07-19127157503.6258
2026-07-20127157503.6259

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at The Towns on Danforth reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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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
Max 2 selected
Show min/max boundaries

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)
2026-07-19124497503.2760

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at The Towns on Danforth with 6 tracked residential buildings in the immediate vicinity.

Terrace on Danforth145 m

3520 Danforth Ave, Scarborough

Avg Asking$2,444/mo
Avg $/SF$3.30
Rent Spread:
N/A
Clonmore Urban Towns542 m

174 Clonmore Drive, Scarborough

Avg Asking$1,850/mo
Avg $/SF$3.36
Rent Spread:
N/A
Clonmore Urban Towns543 m

168 Clonmore Drive, Scarborough

Avg Asking$2,700/mo
Avg $/SF$2.45
Rent Spread:
N/A
Clonmore Urban Towns563 m

172 Clonmore Drive, Scarborough

Avg Asking$1,950/mo
Avg $/SF$3.55
Rent Spread:
N/A
The Manderley835 m

2 Manderley Drive, Scarborough

Avg Asking$2,161/mo
Avg $/SF$3.35
Rent Spread:
N/A
Upper Beach Club952 m

1400 Kingston Rd, Scarborough

Avg Asking$2,650/mo
Avg $/SF$4.66
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at The Towns on Danforth compare to neighbouring buildings within Scarborough South?

At $0/month ($0.00/SF), The Towns on Danforth maintains a competitive market position compared to surrounding properties.

Does The Towns on Danforth offer a competitive price-per-square-foot ($/SF) against local comparables?

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between The Towns on Danforth and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Towns on Danforth.

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Towns on Danforth.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.