Chartwell Place I — Rental Market Data

Chartwell Place I has one active listing as of August 31, 2026, asking $2,550 per month with both the average and median rent at that same figure. The available suite spans 950 square feet at an asking rate of $2.68 per square foot, and the 100 percent layout share belongs to the two-bedroom tier. With only a single unit on the market, inventory is neither compact entry-level nor multi-bedroom executive; it is a mid-sized two-bedroom offering that sits 170 square feet above the submarket implied average of 780 square feet.

The dominant and sole active layout at Chartwell Place I is the two-bedroom, representing 100 percent of available inventory with one listing at an average asking rent of $2,550 per month. That single unit covers 950 square feet at $2.68 per square foot, and no one-bedroom, studio, or three-bedroom tiers are currently listed. Renter choice at this address is effectively limited to this one two-bedroom option, with no alternative bedroom configurations available.

Chartwell Place I's single active listing sets both the minimum and maximum asking rent at $2,550 per month, producing a dollar spread of zero and a percentage spread of zero. The entry-level and peak suite are the same unit: a two-bedroom at 950 square feet priced at $2.68 per square foot. With only one listing on the market, there is no internal price gradient to compare, and renters should look to the broader Scarborough North submarket for alternative price points.

Chartwell Place I's active den premium and square-footage delta cannot be quantified because the single available listing does not include a den configuration, leaving no paired comparison to isolate marginal den costs. Parking stall premiums also cannot be reliably isolated from the current data, as the sample is flagged as an unreliable outlier or insufficient paired set, and no verified parking fee should be assumed. Renters interested in den or parking add-ons at this address should request itemized pricing directly from the leasing office.

Chartwell Place I's active asking rent of $2,550 per month at $2.68 per square foot sits below the Scarborough North submarket asking average of $2,566 per month and $3.29 per square foot, a per-square-foot gap of 18.5 percent. The nominal monthly rent is nearly identical to the submarket benchmark, but the building's 950-square-foot suite is 170 square feet larger than the submarket implied average of 780 square feet, which compresses the rate per square foot despite a comparable headline price. Chartwell Place I accounts for one out of 97 active listings in the Scarborough North submarket, a 1.0 percent share of total available inventory.

Chartwell Place I's all-time average realized rent of $2,450 per month sits $17 below the four-building comp benchmark of $2,467, with The Windsor at Chartwell II (2627 McCowan Rd, 0.16 km, seven closed leases at $2,217) and The Windsor at Chartwell I (5039 Finch Ave E, 0.23 km, three closed leases at $2,350) anchoring the lower end of the range. Chartwell Place II (2628 McCowan Rd, 0.09 km, one closed lease) realized $2,750 per month, placing the subject $300 lower than that peer, while Wedgewood Grove (30 Thunder Grve, 0.26 km, one closed lease) closed at $2,550, leaving the subject $100 below. The Windsor at Chartwell II is the volume leader with seven transactions and a $2,217 average, making it the most statistically reliable rent reference in this pocket.

Chartwell Place I leases at $3.07 per square foot across an average 800-square-foot suite, a rate that exceeds the comp-set average of $2.90 per square foot while offering 60 fewer interior square feet than the 860-square-foot comp mean. Against The Windsor at Chartwell I, the subject trades at a $0.09 per square foot (2.8%) discount despite providing 46 more interior square feet, meaning the larger footprint absorbs what would otherwise be a rate premium. Versus The Windsor at Chartwell II, the subject commands a $0.05 per square foot (1.7%) premium while delivering 64 more square feet, so the nominal $233-per-month rent advantage over that comp is fully explained by the expanded interior footprint rather than a valuation gap. Chartwell Place II and Wedgewood Grove both present the inverse pattern: the subject's $300 and $100 lower monthly rents respectively are driven entirely by carrying 200 and 150 fewer square feet, while still pricing at a $0.32 and $0.39 per square foot premium over those two buildings.

Chartwell Place I fields an eleven-item amenity suite including a Yoga Studio, Media & Theatre Room, and Meeting Room that are absent from every one of its four nearby competitors, giving it the broadest lifestyle package in the immediate cluster. The Windsor at Chartwell II offers only five amenities and adds a Pet Wash Station the subject lacks, while The Windsor at Chartwell I and Wedgewood Grove each include a Tennis & Pickleball Court and Pet Wash Station not found at 5001 Finch Ave E. Chartwell Place II counters with a Garden & Courtyard that the subject does not provide. The subject's combination of indoor aquatic facilities (pool, hot tub, sauna/steam), dedicated wellness space (yoga studio), remote-work infrastructure (meeting room), and entertainment options (media/theatre room, games room) targets professionals and small households who prioritize a full-service residential experience over outdoor recreation or pet-specific amenities.