East Pointe Condos — Rental Market Data

East Pointe Condos realizes an average lease rent of $2,400 per month, which is $189 above the overall comp benchmark of $2,211 and $71 above the Scarborough East submarket average of $2,329. SweetLife Condos at 1 Falaise Road (0.52 km) closed 9 leases at an average of $1,997 per month ($3.69 per square foot, 574 sq ft), placing the subject $403 higher on a monthly basis. Highland Commons at 1625-1635 Military Trail (1.41 km) recorded 70 closed leases averaging $2,237 per month ($3.72 per square foot, 619 sq ft), with the subject commanding $163 more per month. Scarborough Wood at 121 Ling Road (0.54 km) logged one closed lease at $2,400 per month ($2.53 per square foot, 950 sq ft), matching the subject's nominal rent exactly. Lawrence Avenue Condos at 4064 Lawrence Avenue East (1.28 km) recorded zero closed leases in the trailing 180 days and therefore offers no realized rent benchmark for comparison.

East Pointe Condos leases at $3.24 per square foot across an average 744-square-foot suite, trading at a discount below both SweetLife Condos ($3.69 per square foot) and Highland Commons ($3.72 per square foot) while commanding a premium over Scarborough Wood ($2.53 per square foot). Against SweetLife Condos, the subject offers 170 more interior square feet yet charges $403 more per month, meaning the higher nominal rent is driven by the larger footprint rather than a per-square-foot valuation advantage—the subject actually trades at a $0.45 per square foot (12.2%) discount below that 2021-built competitor. Highland Commons presents a similar trade-off: the subject provides 125 more square feet and charges $163 more per month, but still sits at a $0.48 per square foot (12.9%) discount beneath the 2025-built peer. Scarborough Wood, built in 1979, delivers 206 more square feet at the same $2,400 monthly rent, meaning the subject commands a $0.71 per square foot (28.1%) premium over that older building while providing fewer interior square feet.

East Pointe Condos offers a nine-feature amenity package including a gym and fitness centre, yoga studio, business centre, party and lounge room, meeting room, BBQ area, rooftop terrace, garden and courtyard, and a pet wash station. Compared to SweetLife Condos, the subject adds a business centre, rooftop terrace, and pet wash station that SweetLife lacks, though SweetLife counters with a concierge desk, media and theatre room, and games and billiards room absent from East Pointe. Against Highland Commons, the subject is missing an outdoor pool, basketball court, kids' play room, squash and racquetball courts, spin studio, dog run, fire pits, and shuttle service—Highland's 21-feature package is substantially broader. Scarborough Wood, built in 1979, differentiates with an outdoor pool, tennis and pickleball courts, sauna and steam room, and library that East Pointe does not offer. The subject's lifestyle package—centred on fitness, remote-work infrastructure, rooftop social space, and pet care—best serves young professionals and small households in Scarborough East who prioritize a modern build with dedicated business and wellness facilities over resort-style recreation.