Mayfair on the Green IV — Rental Market Data

Mayfair on the Green IV features 1 active listing as of August 31, 2026, offering an average rent and median rent of $2,050 per month. The active inventory consists of 750 square foot suites commanding an asking rate of $2.73 per square foot, with a 100 percent dominant layout share in the 1-Bedroom tier, indicating that current available inventory leans exclusively toward compact entry-level layouts rather than multi-bedroom executive configurations.

The dominant active layout at Mayfair on the Green IV is the 1-Bedroom, representing 1 listing and a 100 percent inventory share. This single active tier averages $2,050 per month across 750 square feet at an asking rate of $2.73 per square foot.

Mayfair on the Green IV exhibits a minimum entry rent of $2,050 per month, a peak asking rent of $2,050 per month, a dollar spread of $0, and a percentage spread of 0 percent across current listings. The median asking rent stands at $2,050 per month, represented by the entry-level 1-Bedroom suite spanning 750 square feet at an asking rate of $2.73 per square foot, which is identical to the peak suite metrics since active inventory is limited to a single available unit.

Mayfair on the Green IV has an active den premium dollar amount and square footage delta that are currently unquantified due to a lack of available den suites in active inventory. Parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking stall costs cannot be determined from current listings.

Mayfair on the Green IV commands an average asking rent of $2,050 per month at $2.73 per square foot, which compares to the broader Scarborough East submarket asking averages of $2,406 per month and $3.11 per square foot. The lower nominal monthly outlay is driven by a more compact average suite footprint of 750 square feet rather than cheaper unit pricing, resulting in an asking rate that tracks 12.2 percent below submarket asking benchmarks while capturing 2.9 percent of submarket active inventory.

Mayfair on the Green IV records an average lease rent of $2,700 per month, comparing against an overall competitive set average of $2,431 per month across nearby established benchmarks. Individual competitor performance includes Mayfair on the Green III at 430 McLevin Ave with an average lease rent of $2,400 per month at $2.53 per square foot across 950 square feet; Mayfair on the Green I at 400 McLevin Ave averaging $2,225 per month at $2.54 per square foot across 875 square feet; Mayfair on the Green II at 410 McLevin Ave averaging $2,583 per month at $2.47 per square foot across 1,050 square feet; and 100 Wingarden Court Condominium at 100 Wingarden Court averaging $2,517 per month at $2.26 per square foot across 1,115 square feet.

Mayfair on the Green IV establishes its value proposition by offering a competitive rate per square foot of $2.08 alongside generous average suite sizes of 1,300 square feet, undercutting the submarket's average asking rate of $3.11 per square foot. Renters evaluating Mayfair on the Green IV versus competing properties like Mayfair on the Green I (875 square feet at $2.54 per square foot) or Mayfair on the Green II (1,050 square feet at $2.47 per square foot) benefit from significantly larger interior square footages without paying a premium on a per-square-foot basis. This structural configuration allows tenants to secure expansive 1990s-era floor plans at favorable cost efficiencies compared to smaller, higher-rate alternatives in the immediate micro-market.

Mayfair on the Green IV delivers a robust recreational lifestyle profile featuring comprehensive indoor and outdoor amenities that rival or exceed those found in surrounding residential towers. Signature offerings at Mayfair on the Green IV include a dedicated Concierge & Security service, a fully equipped Gym & Fitness Centre, an Indoor Pool, a Sauna & Steam Room, and active sports amenities like Tennis & Pickleball Courts and Squash & Racquetball Courts, complemented by indoor Party & Lounge and Games & Billiards Rooms. When compared against Mayfair on the Green I and II, which offer standard fitness, pool, and party facilities, Mayfair on the Green IV matches or surpasses their recreational capacity while providing similar scale to Mayfair on the Green III's extensive courts and garden spaces. This amenity lineup particularly serves families, downsizers, and active professionals seeking comprehensive on-site wellness and recreational infrastructure within an established community.