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Market Data as of August 31, 2026

Encore at Equinox — Rental Market Data

50 Town Centre Crt, Scarborough, Ontario M1P 0A9
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
1-Bedroom + Den
4
$2,424
1-Bedroom
1
$2,150
Studio
1
$2,200

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2013
Total Suites403
DeveloperMonarch Group & The Goldman Group

Encore at Equinox, situated at 50 Town Centre Crt within the Scarborough City Centre neighborhood, is an established residential building completed in 2013 by Monarch Group & The Goldman Group comprising 403 suites. Active inventory stands at 6 listings, representing a 1.5% availability rate. Over the past 90 days, the building recorded 33 closed leases averaging 20 days on market, alongside 7 closed deals over the past 30 days averaging 14 days on market.

Active asking rents average $2,341 per month at an average rate of $4.52 per square foot, comparing against realized 90-day leases averaging $2,204 per month at $3.86 per square foot. Current listings feature an average suite size of 533 square feet compared to an all-time average of 589 square feet, indicating that active inventory skews toward more compact layouts than historical leases. The building's active asking rate of $4.52 per square foot surpasses the Scarborough City Centre submarket asking benchmark of $3.34 per square foot.

Marketing friction remains minimal, evidenced by zero delisted units and a tenant-favorable negotiation environment where tenants secured an average discount of $32 per month, amounting to 1.32% below asking. Prospective tenants will find the deepest selection within the 1-Bedroom + Den tier commanding 66.7% of current inventory, while Studio and 1-Bedroom layouts offer highly scarce availability with exactly one unit each.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Encore at Equinox as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units6
+2 (50.0%)
Avg Asking Rent$2,341
+$16 (0.7%)
Avg Suite Size533 sf
+8 sf (1.6%)
Avg Days on Market24d
+6d (34.3%)
Avg Asking $/SF$4.52
+$0.06 (1.3%)

Active Market Insights & Questions

How has rental availability changed at Encore at Equinox recently?

Encore at Equinox features 6 active listings as of August 31, 2026, with asking rents ranging from $2,150 to $2,500 per month, an average asking rent of $2,341 per month, and a median asking rent of $2,350 per month. Active suites average 533 square feet at an asking rate of $4.52 per square foot, with the 1-Bedroom + Den configuration dominating 66.7% of the active inventory. Current listings lean toward compact entry-level footprints compared to the historical building average.

What floor plans and unit layouts are currently available at Encore at Equinox?

The 1-Bedroom + Den serves as the dominant active layout at Encore at Equinox, representing 4 listings and a 66.7% inventory share with an average asking rent of $2,424 per month across 600 square feet at $4.07 per square foot. The 1-Bedroom tier comprises 1 listing representing a 16.7% share, asking $2,150 per month for 400 square feet at $5.38 per square foot. Additionally, the Studio layout accounts for 1 listing and a 16.7% share, priced at $2,200 per month for 400 square feet at $5.50 per square foot.

What is the average asking rent and $/SF by suite size at Encore at Equinox?

Encore at Equinox exhibits a minimum entry rent of $2,150 per month and a peak asking rent of $2,500 per month, generating a dollar spread of $350 and a percentage spread of 16.3%. The median asking rent sits at $2,350 per month. The entry-level option consists of a 1-Bedroom suite spanning 400 square feet at an asking rate of $5.38 per square foot, while the peak tier is anchored by a 1-Bedroom + Den suite spanning 550 square feet at an asking rate of $4.55 per square foot.

How much extra do parking spaces and dens cost at Encore at Equinox?

Encore at Equinox commands an active den premium of $274 per month for an additional 200 square feet of interior space. This extra den space equates to a marginal cost of $1.37 per square foot. Active parking premium data cannot be reliably isolated due to an anomalous outlier or insufficient paired sample.

How do asking rents at Encore at Equinox compare to local and municipal benchmarks?

Encore at Equinox asks an average of $2,341 per month at $4.52 per square foot, contrasting with the Scarborough City Centre submarket asking benchmark of $2,495 per month at $3.34 per square foot. The building's lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot exceeds the submarket benchmark by 35.3%, supported by a building share of 8.1% within the wider submarket active inventory of 74 listings.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Encore at Equinox (Data period: For the month of August 2026).

Units Leased7
Avg Leased Price$2,157
Avg Leased Size589 sf
Avg Days to Lease14d
Leased $/SF$4.54

Leased Transaction Insights & Questions

How many suites were leased at Encore at Equinox last month, and how fast did they rent?

At Encore at Equinox, the 30-day average days on market is 14 days, the 90-day average days on market is 20 days, and the broader Scarborough City Centre submarket benchmark sits at 28 days. Closed lease counts track 7 transactions over the past 30 days, 33 transactions over the past 90 days, and 45 total transactions over the past year. Leasing velocity accelerated notably toward the end of the summer season as inventory turnover picked up pace.

What is the negotiation spread between asking rents and closed lease prices at Encore at Equinox?

At Encore at Equinox, transactions closed with an average discount of $32 per month, representing a 1.32% reduction from asking prices and yielding annual tenant savings of $384 per year. Approximately 37.8% of closed leases accepted terms below asking, illustrating a tenant-favorable leasing environment where landlords adjusted expectations to secure occupancy.

What are typical executed lease prices across different layouts at Encore at Equinox?

Studio and 1-Bedroom + Den configurations anchor the leasing activity at Encore at Equinox, averaging $1,757 per month with a 22-day days on market and $2,295 per month with a 17-day days on market respectively. Studio suites represent a robust sample of 16 closed deals, posting an average rent of $1,757 per month, a median rent of $1,740 per month, a P25-P75 range of $1,700 to $1,762 per month, an average size of 400 square feet, and $4.39 per square foot. One-bedroom + den layouts form a robust sample of 15 closed deals, recording an average rent of $2,295 per month, a median rent of $2,300 per month, a P25-P75 range of $2,225 to $2,300 per month, an average size of 633 square feet, and $3.64 per square foot. Two-bedroom units comprise a moderate sample of 6 closed deals, averaging $2,700 per month, a median of $2,750 per month, a P25-P75 range of $2,625 to $2,800 per month, an average size of 846 square feet, $3.19 per square foot, and a 20-day days on market. Two-bedroom + den layouts constitute a moderate sample of 5 closed deals, averaging $2,690 per month, a median of $2,700 per month, a P25-P75 range of $2,700 to $2,750 per month, an average size of 870 square feet, $3.10 per square foot, and a 33-day days on market. One-bedroom suites provide a small sample of 3 closed deals, achieving an average rent of $1,983 per month, a median of $2,000 per month, a P25-P75 range of $1,975 to $2,000 per month, an average size of 400 square feet, $4.96 per square foot, and a 20-day days on market (note that this represents an individual deal rather than a broad statistical benchmark).

What measurable rent premium did suites with parking achieve in closed leases at Encore at Equinox?

At Encore at Equinox, paired parking data was insufficient to isolate a discrete monthly parking premium. Parking stalls were bundled directly into primary lease agreements without separate line-item valuations. Active asking data similarly lacks sufficient paired samples to reliably extract standalone parking rates.

How does the lease-to-listing ratio at Encore at Equinox reflect current tenant demand?

At Encore at Equinox, monthly average rents followed a fluctuating trajectory from spring through late summer. April recorded 5 closed deals averaging $2,095 per month at $4.08 per square foot over 23 days on market. May registered 7 closed deals averaging $2,136 per month at $3.80 per square foot over 23 days on market. June captured 13 closed deals averaging $2,078 per month at $3.87 per square foot over 23 days on market. July saw 13 closed deals averaging $2,354 per month at $3.49 per square foot over 21 days on market. August concluded with 7 closed deals averaging $2,157 per month at $4.54 per square foot over 14 days on market.

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
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Chart Metrics
Max 2 Plotted
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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)
2026-04-27822636093.9129
2026-04-281121185524.0322
2026-04-291221675773.9621
2026-04-301121595714.0022
2026-05-011121595714.0023
2026-05-021121595714.0024
2026-05-03922616093.9427
2026-05-04922616093.9428
2026-05-051022085883.9826
2026-05-061022636183.9021
2026-05-071022636183.9022
2026-05-081221825823.9919
2026-05-091221825823.9920
2026-05-101221825823.9921
2026-05-111221825823.9922
2026-05-121221825823.9923
2026-05-131221825823.9924
2026-05-141321835873.9423
2026-05-151321835873.9424
2026-05-161221825823.9927
2026-05-171221825823.9928
2026-05-181121255574.0531
2026-05-191121255574.0532
2026-05-201121255574.0533
2026-05-21920765424.0735
2026-05-22920765424.0736
2026-05-23920765424.0737
2026-05-24920765424.0738
2026-05-25920765424.0739
2026-05-26920765424.0740
2026-05-27920765424.0741
2026-05-281021385733.9838
2026-05-291021385733.9839
2026-05-301021385733.9840
2026-05-311021385733.9841
2026-06-011021385733.9842
2026-06-021221946033.8736
2026-06-031321645873.9234
2026-06-041521085623.9830
2026-06-051721015583.9827
2026-06-061620705404.0430
2026-06-071620705404.0431
2026-06-081520915494.0231
2026-06-091521355584.0328
2026-06-101421735664.0531
2026-06-111321595604.0833
2026-06-121321595604.0834
2026-06-131321595604.0835
2026-06-141322025794.0134
2026-06-151422445983.9632
2026-06-161522786153.9131
2026-06-171522786153.9132
2026-06-181522786153.9133
2026-06-191423176303.8933
2026-06-201523166323.8632
2026-06-211523166323.8633
2026-06-221523166323.8634
2026-06-231323996683.7726
2026-06-241223746533.8227
2026-06-251123816523.8530
2026-06-261123816523.8531
2026-06-271023446333.9134
2026-06-281023446333.9135
2026-06-291023946583.8133
2026-06-30724716893.6623
2026-07-01724716893.6624
2026-07-02724716893.6625
2026-07-03825007223.5623
2026-07-04825007223.5624
2026-07-05825007223.5625
2026-07-06825007223.5626
2026-07-07825507473.5126
2026-07-08925117363.5024
2026-07-09825387473.4925
2026-07-10725147323.5429
2026-07-11624837133.6023
2026-07-12823756663.7018
2026-07-13923676643.6817
2026-07-14823886663.7219
2026-07-15924006533.8118
2026-07-16824756843.7321
2026-07-17725867253.6519
2026-07-18725867253.6520
2026-07-19626337383.6723
2026-07-20425256633.8922
2026-07-21326006674.0028
2026-07-22425256633.8922
2026-07-23425256633.8923
2026-07-24324336004.0818
2026-07-25324336004.0819
2026-07-26324336004.0820
2026-07-27225005754.3630
2026-07-28323175174.5320
2026-07-29323175174.5321
2026-07-30423255254.4617
2026-07-31423255254.4618
2026-08-01423255254.4619
2026-08-02423255254.4620
2026-08-03324505674.3326
2026-08-04324505674.3327
2026-08-05424615884.2121
2026-08-06523695504.3616
2026-08-07723095434.3412
2026-08-08723095434.3413
2026-08-09524396004.0919
2026-08-10524396004.0920
2026-08-11524396004.0921
2026-08-12524396004.0922
2026-08-13524396004.0923
2026-08-14524396004.0924
2026-08-15524396004.0925
2026-08-16623585674.2222
2026-08-17623585674.2223
2026-08-18723635794.1420
2026-08-19723635794.1421
2026-08-20723925794.2122
2026-08-21823685564.3820
2026-08-22723495504.4113
2026-08-23623415334.5216
2026-08-24623415334.5217
2026-08-25623415334.5218
2026-08-26623415334.5219
2026-08-27623415334.5220
2026-08-28623415334.5221
2026-08-29623415334.5222
2026-08-30623415334.5223
2026-08-31623415334.5224

12-Month Market Dynamics & Trend Trajectory

Encore at Equinox has established a consistent leasing history across 45 tracked transactions, achieving an overall average rent of $2,181 per month at $3.88 per square foot across an average suite size of 589 square feet, with a lifetime average days on market of 21 days. Pricing discipline leans toward moderate tenant flexibility, with 37.8% of transactions closing below asking expectations. Tenants achieved an average discount of $32 per month or 1.32% off asking prices, resulting in nominal annual savings of $384 per year and underscoring a prevailing tenant-favorable leasing environment.

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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
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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)
2026-05-03318674504.1629
2026-05-10122006503.382
2026-05-17323837003.5824
2026-05-240N/AN/AN/AN/A
2026-05-31125008502.944
2026-06-07420335253.9515
2026-06-14217304004.3341
2026-06-21423706893.5625
2026-06-28217254004.3126
2026-07-05424257503.2627
2026-07-12319004834.0418
2026-07-19525807853.3222
2026-07-26123006503.545
2026-08-02221254754.537
2026-08-09220004005.003
2026-08-16222255004.5239
2026-08-23123986503.695

Nearby Building Rental Comparables & Price Spreads

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

Encore at Equinox sits directly alongside an established high-density cluster in Scarborough City Centre, anchored by immediate peers like Centro - North Tower at 25 Town Centre Crt (0.06 kilometers away, completed in 2011, with 29 active listings), EQ2 at Equinox at 60 Town Centre Crt (0.07 kilometers away, completed in 2010, with 25 active listings), EQ1 at Equinox at 70 Town Centre Crt (0.07 kilometers away, completed in 2009, with 39 active listings), and Centro - South Tower at 190 Borough Dr (0.11 kilometers away, completed in 2011, with 25 active listings). These properties share a cohesive early-2010s construction era, representing a mature, master-planned residential pocket centered around civic and transit amenities. Across this competitive micro-market, the overall comparable benchmark averages $2,437 per month at $3.41 per square foot across an average suite size of 740 square feet. Encore at Equinox occupies a distinct operational tier within this cluster, trading at a higher rate per square foot relative to the broader comp set due to compact, highly efficient floor plans that attract steady leasing demand.

25 Town Centre Crt, Scarborough

Avg Asking$2,619/mo
Avg $/SF$3.18
Rent Spread:
+$278/mo (+11.9%) Higher

70 Town Centre Crt, Scarborough

Avg Asking$2,573/mo
Avg $/SF$3.50
Rent Spread:
+$232/mo (+9.9%) Higher

60 Town Centre Crt, Scarborough

Avg Asking$2,339/mo
Avg $/SF$3.52
Rent Spread:
-$2/mo (-0.1%) Lower

190 Borough Dr, Scarborough

Avg Asking$2,469/mo
Avg $/SF$3.33
Rent Spread:
+$128/mo (+5.5%) Higher

61 Town Centre Crt, Scarborough

Avg Asking$2,543/mo
Avg $/SF$3.17
Rent Spread:
+$202/mo (+8.6%) Higher

60 Brian Harrison Way, Scarborough

Avg Asking$2,560/mo
Avg $/SF$3.46
Rent Spread:
+$219/mo (+9.4%) Higher

Comparable Analysis & Questions

How do rental rates at Encore at Equinox compare to neighbouring buildings within Scarborough City Centre?

Encore at Equinox achieves an average lease rate that compares closely against the broader competitive average of $2,437 per month across the immediate Scarborough City Centre cluster. Individual performance varies by building age and suite sizing within the immediate 0.1-kilometer radius. Centro - North Tower at 25 Town Centre Crt reports an average lease rent of $2,526 per month at $3.23 per square foot across an average of 813 square feet. EQ2 at Equinox at 60 Town Centre Crt records an average lease rent of $2,299 per month at $3.51 per square foot across 664 square feet. EQ1 at Equinox at 70 Town Centre Crt posts an average lease rent of $2,518 per month at $3.63 per square foot across 714 square feet. Finally, Centro - South Tower at 190 Borough Dr logs an average lease rent of $2,403 per month at $3.28 per square foot across 767 square feet.

Does Encore at Equinox offer a competitive price-per-square-foot ($/SF) against local comparables?

Encore at Equinox positions itself in the submarket through highly efficient floor plans that command a higher rate per square foot than several larger, older footprints nearby. Renters evaluating Encore against its immediate peers weigh specific structural trade-offs between modern layout optimization and legacy square footage. At Centro - North Tower, tenants secure larger average footprints of 813 square feet at a lower rate of $3.23 per square foot. At EQ2 at Equinox, smaller units average 664 square feet at a rate of $3.51 per square foot. EQ1 at Equinox provides 714-square-foot layouts averaging $3.63 per square foot, while Centro - South Tower offers 767-square-foot homes at $3.28 per square foot. Renters at Encore trade down in total square footage to capture modern building management and streamlined utility burdens relative to these older competing blocks.

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

Encore at Equinox delivers a comprehensive lifestyle and amenity package that aligns directly with the standards set by its master-planned neighbours in Scarborough City Centre. Signature features at the subject building include 24/7 concierge and security, a dedicated car wash bay, a fully equipped gym and fitness centre, a spacious party and lounge room, and a professional meeting room. When contrasted with surrounding developments, Encore provides essential day-to-day conveniences that match competitors like EQ1 and EQ2 at Equinox, which similarly feature concierge services, car wash bays, and fitness centres, while standing distinct from resort-heavy towers like Centro North and South, which incorporate indoor pools, saunas, and rooftop gardens. This amenity profile best serves urban professionals and couples seeking structured building security and fitness infrastructure without the higher maintenance overhead associated with sprawling recreational complexes.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Encore at Equinox.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Encore at Equinox.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 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.