Market Data as of August 31, 2026
Townsgate I — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Townsgate I is a residential community located in Vaughan, Ontario. Completed in 1991, the property features an estimated 225 suites. The building currently features no active rental listings on record as of August 31, 2026.
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Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Comparing rental asking rates and price-per-square-foot ($/SF) at Townsgate I with 6 tracked residential buildings in the immediate vicinity.
Comparable Analysis & Questions
How do rental rates at Townsgate I compare to neighbouring buildings within Thornhill?
Market benchmark comparisons for Townsgate I reflect prevailing Thornhill submarket lease rates.
Does Townsgate I offer a competitive price-per-square-foot ($/SF) against local comparables?
Submarket $/SF averages illustrate pricing dynamics across localized residential properties.
How do building age, amenities, and developer reputation impact rent spreads?
Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Townsgate I and neighbouring options.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Townsgate I.
Building Amenities
- Concierge & Security
- Party & Lounge Room
- Meeting Room
- Sauna & Steam Room
- Tennis & Pickleball Court
- Indoor Pool
- Gym & Fitness Centre
- Squash & Racquetball Court
- Games & Billiards Room
- Library & Reading Room
- Hot Tub & Jacuzzi
- Basketball Court
- Rooftop Terrace
- Garden & Courtyard
Residential Buildings in the Vicinity
- Townsgate II55 m
- 777 Steeles West128 m
- Park Terrace II146 m
- Park Terrace I152 m
- Alvear Palace229 m
- Eiffel Towers277 m
- Classique at Eiffel Towers352 m
- Bathurst Towers367 m
- Plaza del Sol424 m
- The Primrose I480 m
- Posh Condominiums501 m
- Belvedere at the Primrose558 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Townsgate I.
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.