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Market Data as of September 30, 2026

Central Park on Yonge II — Rental Market Data

7398 Yonge St, Vaughan, Ontario L4J
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,400/mo
Date Leased: September 3, 2026
Rent psf$3.20/sf
Turnover VelocityFast (8d)
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed1997
Total Suites60
DeveloperNot Disclosed

Central Park on Yonge II is a residential community located in Vaughan, Ontario. Completed in 1997, the property features an estimated 60 suites. While there are currently no active rental listings on the market, historical records show 1 closed lease transactions with an average realized rent of $2,400/month ($3.20/SF).

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,400/mo
Date LeasedSeptember 3, 2026
Rent psf$3.20/sf
Turnover VelocityFast (8d)
Active Inventory Status0 Available

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 Central Park on Yonge II (Data period: For the month of September 2026).

Units Leased1
Avg Leased Price$2,400
Avg Leased Size750 sf
Avg Days to Lease8d
Leased $/SF$3.20

Leased Transaction Insights & Questions

How many suites were leased at Central Park on Yonge II last month, and how fast did they rent?

Over For the month of September 2026, 1 residential lease transaction closed at Central Park on Yonge II, leasing in an average of 8 days on market.

What is the negotiation spread between asking rents and closed lease prices at Central Park on Yonge II?

Completed lease contracts averaged $2,400/month, compared to active asking rents of $0/month, reflecting a spread of $0/month (0.0%).

What are typical executed lease prices across different layouts at Central Park on Yonge II?

Executed lease contracts averaged $2,400/month ($3.20/SF) across closed suites.

What measurable rent premium did suites with parking achieve in closed leases at Central Park on Yonge II?

Dedicated parking stalls continue to command tangible contract premiums in finalized lease agreements.

How does the lease-to-listing ratio at Central Park on Yonge II reflect current tenant demand?

Absorption velocity remains active, demonstrating steady tenant turnaround across modern suite sizes.

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
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-08-26124007503.20N/A
2026-08-27124007503.201
2026-08-28124007503.202
2026-08-29124007503.203
2026-08-30124007503.204
2026-08-31124007503.205
2026-09-01124007503.206
2026-09-02124007503.207

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Central Park on Yonge II reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

Loading inventory data…

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
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

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)
2026-08-30124007503.208

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 Central Park on Yonge II with 6 tracked residential buildings in the immediate vicinity.

7451 Yonge Street, Markham

Avg Asking$2,730/mo
Avg $/SF$2.40
Rent Spread:
N/A

180 Dudley Avenue, Markham

Avg Asking$2,600/mo
Avg $/SF$2.73
Rent Spread:
N/A

7378 Yonge St, Vaughan

Avg Asking$2,900/mo
Avg $/SF$3.41
Rent Spread:
N/A

16 Elgin Street, Markham

Avg Asking$3,650/mo
Avg $/SF$6.90
Rent Spread:
N/A

7608 Yonge St, Vaughan

Avg Asking$2,438/mo
Avg $/SF$3.80
Rent Spread:
N/A

1 Clark Ave W, Vaughan

Avg Asking$3,433/mo
Avg $/SF$3.73
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Central Park on Yonge II compare to neighbouring buildings within Thornhill?

At $0/month ($0.00/SF), Central Park on Yonge II maintains a competitive market position compared to surrounding properties.

Does Central Park on Yonge II offer a competitive price-per-square-foot ($/SF) against local comparables?

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Central Park on Yonge II and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Central Park on Yonge II.

Building Amenities

  • BBQ Area
  • Children's Playground - Outdoor
  • Concierge & Security
  • Rooftop Terrace

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Central Park on Yonge II.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.