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Market Data as of August 31, 2026

Vista at Thornhill City Centre — Rental Market Data

7 North Park Rd, Vaughan, Ontario L4J 0C9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,390

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2008
Total Suites231
DeveloperLiberty Development Corp.

Vista at Thornhill City Centre at 7 North Park Rd in Thornhill, Vaughan, is a 231-suite residential building completed in 2008 by Liberty Development Corp. As of August 31, 2026, the tower carries a single active listing, representing a 0.4 percent availability rate across its full inventory. Leasing activity over the trailing 90 days produced six closed leases at an average of $2,612 per month with a 20-day average time to lease, while the most recent 30-day cohort recorded one lease at $2,350 per month with a seven-day average days on market.

The one active suite asks $2,390 per month at 750 square feet, translating to $3.19 per square foot, which sits below the 90-day realized average of $3.32 per square foot and reflects a more compact footprint compared to the 803-square-foot average across all tracked historical leases. Against the broader Thornhill submarket asking benchmark of $3.66 per square foot, Vista at Thornhill City Centre prices its current inventory 12.8 percent lower on a rate-per-area basis, offering a comparatively competitive entry point for renters seeking den-equipped one-bedroom layouts.

Marketing friction appears moderate rather than acute: the active listing's 18 days on market trails the submarket average of 27 days, and the 90-day closed-lease cohort averaged 20 days, both indicating the building clears inventory faster than its surrounding market. Across all six tracked closed transactions, tenants secured an average concession of $38 per month, or 1.31 percent below asking, with one-third of deals closing under the listed price. Inventory depth is effectively nonexistent beyond the single one-bedroom-plus-den listing, meaning renters have no multi-bedroom or two-bedroom options currently available at this address and must look to the wider Thornhill submarket for alternative layouts.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Vista at Thornhill City Centre as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$2,390
+$240 (11.2%)
Avg Suite Size750 sf
+200 sf (36.4%)
Avg Days on Market18d
-43d (70.5%)
Avg Asking $/SF$3.19
-$0.72 (18.5%)

Active Market Insights & Questions

How has rental availability changed at Vista at Thornhill City Centre recently?

Vista at Thornhill City Centre has one active listing as of August 31, 2026, asking $2,390 per month with both the average and median rent at that same figure. The available suite spans 750 square feet at an asking rate of $3.19 per square foot, and the 100 percent layout share belongs to a one-bedroom-plus-den configuration. With only a single unit on the market, inventory skews toward a compact entry-level profile rather than multi-bedroom executive layouts, and no tier offers more than one option for prospective renters.

What floor plans and unit layouts are currently available at Vista at Thornhill City Centre?

The sole active layout at Vista at Thornhill City Centre is a one-bedroom-plus-den unit, representing 100 percent of current inventory with a single listing. That unit asks $2,390 per month across 750 square feet, yielding a rate of $3.19 per square foot, and no other bedroom tier—whether studio, two-bedroom, or three-bedroom—currently has an available suite. Renters seeking alternatives must turn to the 62 other active listings across the Thornhill submarket.

What is the average asking rent and $/SF by suite size at Vista at Thornhill City Centre?

Vista at Thornhill City Centre's single active listing sets both the minimum and maximum asking rent at $2,390 per month, producing a dollar spread of zero and a percentage spread of zero. The entry-level suite is a one-bedroom-plus-den at 750 square feet and $3.19 per square foot, which is also the peak asking configuration since no larger or more expensive unit is currently listed. With only one unit on the market, the pricing spread cannot be meaningfully differentiated across tiers, and renters should evaluate this listing against the submarket's broader range of 63 active options.

How much extra do parking spaces and dens cost at Vista at Thornhill City Centre?

Vista at Thornhill City Centre does not have a quantified den premium or square-footage delta for its active one-bedroom-plus-den listing, as the data sample is insufficient to isolate the marginal cost of the den space. Parking stall costs likewise cannot be reliably isolated from the available transaction records, and no verified monthly parking fee can be quoted for this building. Prospective renters should request a full amenity and parking schedule directly from the leasing office to confirm any applicable add-on charges.

How do asking rents at Vista at Thornhill City Centre compare to local and municipal benchmarks?

Vista at Thornhill City Centre's active asking rent of $2,390 per month and $3.19 per square foot both trail the Thornhill submarket averages of $2,726 per month and $3.66 per square foot, placing the building 12.8 percent below the submarket asking rate on a per-area basis. The nominal rent gap of roughly $336 per month is partly explained by the active suite's 750-square-foot footprint, which is more compact than the submarket's typical offering, though the per-square-foot discount confirms a genuinely competitive rate independent of size. The building represents one out of 63 available listings in the Thornhill submarket, a share of approximately 1.6 percent of total active inventory.

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 Vista at Thornhill City Centre (Data period: For the month of August 2026).

Units Leased1
Avg Leased Price$2,350
Avg Leased Size803 sf
Avg Days to Lease7d
Leased $/SF$3.13

Leased Transaction Insights & Questions

How many suites were leased at Vista at Thornhill City Centre last month, and how fast did they rent?

Vista at Thornhill City Centre closed one lease in the trailing 30 days with a 7-day DOM, compared to a 20-day average across the 90-day window and a 27-day Thornhill submarket benchmark. The building recorded six closed leases over the past year, with all six falling inside the 90-day window, indicating leasing activity concentrated in a tight June-through-August burst rather than steady monthly turnover. Lifetime volume also sits at six leases, confirming no earlier transaction history beyond this summer cluster.

What is the negotiation spread between asking rents and closed lease prices at Vista at Thornhill City Centre?

Vista at Thornhill City Centre tenants negotiated an average discount of $38 per month (1.31% below asking), translating to $456 in annual savings per unit across tracked leases. One-third of closed leases (33.3%) settled under the listed asking price, giving renters measurable leverage in a market where the remaining two-thirds landed at or near asking. This pattern reflects landlord concessions on pricing rather than any premium extraction from tenants.

What are typical executed lease prices across different layouts at Vista at Thornhill City Centre?

The 2-Bedroom layout anchors Vista at Thornhill City Centre's leasing mix with three closed leases averaging $3,017 per month and a 22-day DOM, while the 1-Bedroom tier accounts for two leases at an average $2,135 per month over 24 days. The 2-Bedroom sample (3 deals) is a limited directional indicator: median rent $2,950, P25–P75 range $2,925 to $3,075, average size 967 square feet at $3.14 per square foot. The 1-Bedroom sample (2 deals) is likewise a small-sample reference: median $2,135, P25–P75 range $2,128 to $2,142, average size 583 square feet at $3.68 per square foot. The 1-Bedroom + Den tier represents an individual single transaction at $2,350 per month for 750 square feet ($3.13 per square foot) with a 7-day DOM, and should not be read as a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Vista at Thornhill City Centre?

Vista at Thornhill City Centre does not have a reliably isolated parking premium, as paired lease data is insufficient to separate parking charges from base rent. Active listings at the building also show unreliable or outlier parking figures, preventing a defensible dollar-per-month comparison. Tenants should confirm whether parking is bundled into the quoted rent or billed separately before signing, as the platform cannot verify a consistent parking add-on at this property.

How does the lease-to-listing ratio at Vista at Thornhill City Centre reflect current tenant demand?

Vista at Thornhill City Centre shows a declining nominal rent trajectory from June through August 2026, though the per-square-foot picture tells a more nuanced story. In June, one lease closed at $3,200 per month ($2.91 per square foot) over 9 days. July saw four leases average $2,530 per month at $3.47 per square foot with a 26-day DOM; the lower nominal rent alongside a higher rate per square foot reflects compact suite footprints rather than property devaluation. August closed one lease at $2,350 per month ($3.13 per square foot) in just 7 days, suggesting the remaining inventory cleared quickly once pricing aligned with tenant expectations.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Vista at Thornhill City Centre (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,150
Avg Suite Size550 sf
Avg Days on Market65d
Delisted $/SF$3.91

De-Listed Market Analysis & Questions

How many listings de-listed at Vista at Thornhill City Centre, and what was their re-listing price compared to previous asking?

Vista at Thornhill City Centre logged one delisted unit in the tracked period, representing a 100% delisted-to-30-day-leased ratio against a single closed lease in that window. The breakdown shows one terminated listing, zero expired, and zero suspended. Against lifetime volume of six leases, the delisted ratio sits at 16.7%, a modest friction signal rather than a systemic vacancy carry issue.

How do asking prices on de-listed suites compare to executed leases and active listings at Vista at Thornhill City Centre?

The single delisted unit at Vista at Thornhill City Centre asked an average of $2,150 per month, which is $200 per month below realized lease averages nominally due to a smaller suite footprint. However, that delisted listing commanded $3.91 per square foot versus the $3.32 per square foot realized across closed leases, demonstrating tenant resistance to high-density per-square-foot pricing on compact units. The 8.5% nominal discount masks a 17.8% premium in rate-per-square-foot terms, a clear signal that Thornhill renters push back when compact suites are priced aggressively on a density basis.

What market friction causes rental listings to stall or de-list at Vista at Thornhill City Centre?

The delisted unit at Vista at Thornhill City Centre sat on the market for an average of 65 days, compared to a 20-day realized lease DOM, producing 45 excess marketing days. Those 45 days equate to roughly 1.5 months of lost rent at the $2,150 asking rate—approximately $3,225 in foregone revenue—plus ongoing condo maintenance fees for the duration. For a single delisted listing this is a directional data point, but it underscores how quickly Thornhill tenants walk away from pricing that does not clear within three weeks.

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)
2026-05-03123506153.82N/A
2026-05-04123506153.821
2026-05-05123506153.822
2026-05-06123506153.823
2026-05-07123506153.824
2026-05-08123506153.825
2026-05-09123506153.826
2026-05-10123506153.827
2026-05-11123506153.828
2026-05-12123506153.829
2026-05-13123506153.8210
2026-05-14123506153.8211
2026-05-15123506153.8212
2026-05-16123506153.8213
2026-05-17123506153.8214
2026-05-18123506153.8215
2026-05-19123506153.8216
2026-05-20123506153.8217
2026-05-21123506153.8218
2026-05-22123506153.8219
2026-05-23123506153.8220
2026-05-24123506153.8221
2026-05-25123506153.8222
2026-05-26123506153.8223
2026-05-27123506153.8224
2026-05-28123506153.8225
2026-05-29123506153.8226
2026-05-30123506153.8227
2026-05-31222505833.8714
2026-06-01222505833.8715
2026-06-02222505833.8716
2026-06-03222505833.8717
2026-06-04222505833.8718
2026-06-05222505833.8719
2026-06-06222505833.8720
2026-06-07222505833.8721
2026-06-08222505833.8722
2026-06-09222505833.8723
2026-06-10222505833.8724
2026-06-11222505833.8725
2026-06-12222505833.8726
2026-06-13222505833.8727
2026-06-14222505833.8728
2026-06-15222505833.8729
2026-06-16325176723.7720
2026-06-17325176723.7721
2026-06-18325176723.7722
2026-06-19426887793.5617
2026-06-20426887793.5618
2026-06-21426887793.5619
2026-06-22426887793.5620
2026-06-23426887793.5621
2026-06-24328008333.4712
2026-06-25426387793.4810
2026-06-26527308133.439
2026-06-27527308133.4310
2026-06-28426137413.5611
2026-06-29425887413.539
2026-06-30425887413.5310
2026-07-01425887413.5311
2026-07-02425887413.5312
2026-07-03425887413.5313
2026-07-04425887413.5314
2026-07-05425887413.5315
2026-07-06425887413.5316
2026-07-07425887413.5317
2026-07-08425887413.5318
2026-07-09525007033.6115
2026-07-10525007033.6116
2026-07-11525007033.6117
2026-07-12525007033.6118
2026-07-13525007033.6119
2026-07-14525007033.6120
2026-07-15525007033.6121
2026-07-16525007033.6122
2026-07-17525007033.6123
2026-07-18525007033.6124
2026-07-19525007033.6125
2026-07-20525007033.6126
2026-07-21525007033.6127
2026-07-22425887253.6429
2026-07-23324176503.7630
2026-07-24324176503.7631
2026-07-25324176503.7632
2026-07-26324176503.7633
2026-07-27324176503.7634
2026-07-28324176503.7635
2026-07-29225507003.6945
2026-07-30121505503.9160
2026-07-31121505503.9161
2026-08-01121505503.9162
2026-08-02121505503.9163
2026-08-03121505503.9164
2026-08-13123907503.19N/A
2026-08-14123907503.191
2026-08-15123907503.192
2026-08-16123907503.193
2026-08-17123907503.194
2026-08-18123907503.195
2026-08-19123907503.196
2026-08-20123907503.197
2026-08-21223707503.164
2026-08-22223707503.165
2026-08-23223707503.166
2026-08-24223707503.167
2026-08-25223707503.168
2026-08-26223707503.169
2026-08-27223707503.1610
2026-08-28123907503.1915
2026-08-29123907503.1916
2026-08-30123907503.1917
2026-08-31123907503.1918

12-Month Market Dynamics & Trend Trajectory

Vista at Thornhill City Centre realized an average rent of $2,612 per month and $3.32 per square foot across six tracked leases, placing the building 0.7% above the Thornhill submarket average rent of $2,594 while pricing 7.3% below the submarket's $3.58 per-square-foot benchmark. The building's larger average suite size of 803 square feet explains the rent premium in absolute dollars while the lower per-square-foot rate signals a more competitive density pricing model than surrounding Thornhill inventory. On pricing discipline, tenants at Vista at Thornhill City Centre captured an average $38 per month discount (1.31% below asking), with one-third of leases closing under the listed price and generating $456 in annualized savings per unit. This tenant-favorable negotiation pattern indicates landlords are conceding on final pricing to close leases within the 20-day average DOM, rather than holding firm at asking and absorbing longer vacancy carry.

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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)
2026-06-281320011002.919
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-19225107833.2527
2026-07-26225507003.6926
2026-08-020N/AN/AN/AN/A
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23123507503.137

Nearby Building Rental Comparables & Price Spreads

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

Vista at Thornhill City Centre at 7 North Park Rd sits in a dense cluster of four active Thornhill City Centre competitors, all recording closed lease transactions over the trailing 180 days. Beverley at Thornhill City Centre (15 North Park Rd, 0.01 km, completed 2006) logged 8 closed leases; Legacy Park at Thornhill City Centre (7890-7900 Bathurst St, 0.16 km, completed 2017) recorded 13; Centre Park Condos – East Building (20 North Park Rd, 0.16 km, completed 2010) closed 6; and Centre Park Condos – West Building (30 North Park Rd, 0.21 km, completed 2010) closed 5. The subject building, completed in 2008 with 231 suites, slots between the 2006 Beverley tower and the 2010 Centre Park pair in structural generation, while Legacy Park represents the newest construction in the immediate pocket at nine years younger. The four-comp benchmark averages $2,421 per month in realized rent, $3.52 per square foot, and 695 square feet of interior space. Vista at Thornhill City Centre's all-time realized lease metrics of $2,612 per month and 803 square feet place it above the comp set on both total rent and footprint, yet its $3.32 per square foot rate sits below every single competitor's per-square-foot figure. The building's value proposition in this pocket is straightforward: renters pay a higher monthly number but receive materially more interior area at a lower unit rate, making it the largest-suite, most space-efficient option within 210 metres of North Park Road.

15 North Park Rd, Vaughan

Avg Asking$2,286/mo
Avg $/SF$3.60
Rent Spread:
-$104/mo (-4.3%) Lower

7890-7900 Bathurst St, Vaughan

Avg Asking$2,509/mo
Avg $/SF$3.69
Rent Spread:
+$119/mo (+5.0%) Higher

20 North Park Rd, Vaughan

Avg Asking$2,360/mo
Avg $/SF$3.59
Rent Spread:
-$30/mo (-1.3%) Lower

30 North Park Rd, Vaughan

Avg Asking$2,469/mo
Avg $/SF$3.49
Rent Spread:
+$79/mo (+3.3%) Higher

60 Disera Dr, Vaughan

Avg Asking$2,450/mo
Avg $/SF$3.17
Rent Spread:
+$60/mo (+2.5%) Higher

8 Beverley Glen Blvd, Vaughan

Avg Asking$2,476/mo
Avg $/SF$3.86
Rent Spread:
+$86/mo (+3.6%) Higher

Comparable Analysis & Questions

How do rental rates at Vista at Thornhill City Centre compare to neighbouring buildings within Thornhill?

Vista at Thornhill City Centre's all-time average realized lease rent of $2,612 per month exceeds the four-comp benchmark of $2,421 by $191, with the spread driven entirely by the subject's larger suite footprints rather than a higher per-square-foot rate. Beverley at Thornhill City Centre (15 North Park Rd, 0.01 km) recorded 8 closed leases at an average of $2,356 per month, $3.52 per square foot, and 674 square feet; the subject commands $256 more per month than this nearest peer. Legacy Park at Thornhill City Centre (7890-7900 Bathurst St, 0.16 km) closed 13 leases averaging $2,402 per month, $3.64 per square foot, and 665 square feet, with the subject's rent running $210 higher. Centre Park Condos – East Building (20 North Park Rd, 0.16 km) logged 6 closed leases at $2,355 per month, $3.55 per square foot, and 670 square feet, a $257 gap below the subject. Centre Park Condos – West Building (30 North Park Rd, 0.21 km) recorded 5 closed leases at $2,570 per month, $3.35 per square foot, and 771 square feet, the closest rent match at just $42 below the subject's realized average.

Does Vista at Thornhill City Centre offer a competitive price-per-square-foot ($/SF) against local comparables?

Vista at Thornhill City Centre offers the lowest per-square-foot rate among all four active Thornhill City Centre competitors while providing the largest average interior footprint at 803 square feet, a combination that positions it as the space-maximizing option in this submarket pocket. Against Beverley at Thornhill City Centre, the subject trades at a $0.20 per square foot (5.7%) discount and provides 129 more interior square feet, meaning the $256 higher monthly rent is an artifact of the larger suite rather than a premium valuation. Legacy Park at Thornhill City Centre carries an even wider $0.32 per square foot (8.8%) discount for the subject, with 138 additional square feet offsetting the $210 nominal rent difference. Centre Park Condos – East Building shows a $0.23 per square foot (6.5%) discount and 133 more square feet for the subject, while Centre Park Condos – West Building narrows the gap to a $0.03 per square foot (0.9%) discount with 32 additional square feet, the tightest spread in the set. In every pairing, the subject's higher monthly figure is a footprint effect, not a rate premium; renters gain 32 to 138 extra square feet while paying less per unit of space than any nearby alternative.

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

Vista at Thornhill City Centre fields a nine-item amenity suite anchored by an indoor pool, hot tub and jacuzzi, sauna and steam room, gym, meeting room, media and theatre room, party and lounge room, games and billiards room, and concierge security—a full-service residential package that overlaps heavily with its North Park Road neighbours. The subject's indoor pool and hot tub/jacuzzi combination is absent from Legacy Park at Thornhill City Centre, which instead offers a golf simulator, rooftop terrace, yoga studio, and BBQ area; the subject's dedicated meeting room and media/theatre room are missing from Centre Park Condos – West Building, which substitutes a tennis and pickleball court and rooftop terrace. Beverley at Thornhill City Centre matches the subject on pool, sauna, gym, and meeting room but adds a tennis and pickleball court the subject lacks, while Centre Park Condos – East Building differentiates with a yoga studio, library and reading room, dining room and kitchen, and rooftop terrace. The subject's aquatic wellness core (pool, jacuzzi, sauna) paired with its remote-work-ready meeting room and entertainment spaces best serves young professionals and small households in the Thornhill City Centre pocket who prioritize in-building recreation and flexible work environments over outdoor sport or rooftop social features.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Vista at Thornhill City Centre.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • 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 Vista at Thornhill City Centre.

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.