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Market Data as of September 30, 2026

Promenade Towers I — Rental Market Data

7420 Bathurst St, Vaughan, Ontario L4J 6X4
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$3,000

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1987
Total Suites198
DeveloperMenkes Developments & The Glen Group

Promenade Towers I is a residential community located in Vaughan, Ontario. Completed in 1987, the property features an estimated 198 suites. As of September 30, 2026, the market features 1 active rental listings averaging $3,000/month ($2.73/SF).

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Promenade Towers I as of September 30, 2026 (comparing September 2026 vs August 2026).

Active Units1
0
Avg Asking Rent$3,000
-$200 (6.3%)
Avg Suite Size1,100 sf
-200 sf (15.4%)
Avg Days on Market24d
+15d (166.7%)
Avg Asking $/SF$2.73
+$0.27 (10.8%)

Active Market Insights & Questions

How has rental availability changed at Promenade Towers I recently?

There is currently 1 active rental listing available at 7420 Bathurst St in Vaughan. Over the past 30 days, availability has averaged 1 suites.

What floor plans and unit layouts are currently available at Promenade Towers I?

Current active inventory spans 2-bedroom floor plans.

What is the average asking rent and $/SF by suite size at Promenade Towers I?

Asking rents range across available layouts, averaging $3,000/month ($2.73/SF).

How much extra do parking spaces and dens cost at Promenade Towers I?

Landlords place an implied premium of $0/month for dedicated parking stalls and $0/month for suites with a den.

How do asking rents at Promenade Towers I compare to local and municipal benchmarks?

Asking rents at Promenade Towers I ($3,000/month) are 19.7% higher than the Vaughan average ($2,506/month).

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)
2026-07-131320013002.46N/A
2026-07-141320013002.461
2026-07-151320013002.462
2026-07-161320013002.463
2026-07-171320013002.464
2026-07-181320013002.465
2026-07-191320013002.466
2026-07-201320013002.467
2026-07-211320013002.468
2026-07-221320013002.469
2026-09-061300011002.73N/A
2026-09-071300011002.731
2026-09-081300011002.732
2026-09-091300011002.733
2026-09-101300011002.734
2026-09-111300011002.735
2026-09-121300011002.736
2026-09-131300011002.737
2026-09-141300011002.738
2026-09-151300011002.739
2026-09-161300011002.7310
2026-09-171300011002.7311
2026-09-181300011002.7312
2026-09-191300011002.7313
2026-09-201300011002.7314
2026-09-211300011002.7315
2026-09-221300011002.7316
2026-09-231300011002.7317
2026-09-241300011002.7318
2026-09-251300011002.7319
2026-09-261300011002.7320
2026-09-271300011002.7321
2026-09-281300011002.7322
2026-09-291300011002.7323
2026-09-301300011002.7324

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Promenade Towers I 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)
2026-07-191320013002.4610

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 Promenade Towers I with 6 tracked residential buildings in the immediate vicinity.

7440 Bathurst St, Vaughan

Avg Asking$3,133/mo
Avg $/SF$2.55
Rent Spread:
+$133/mo (+4.4%) Higher

30 Upper Mall Way, Vaughan

Avg Asking$2,452/mo
Avg $/SF$3.45
Rent Spread:
-$548/mo (-18.3%) Lower

7460 Bathurst St, Vaughan

Avg Asking$3,300/mo
Avg $/SF$2.73
Rent Spread:
+$300/mo (+10.0%) Higher

50 Upper Mall Way, Vaughan

Avg Asking$2,396/mo
Avg $/SF$3.98
Rent Spread:
-$604/mo (-20.1%) Lower

88 Promenade Circ, Vaughan

Avg Asking$2,794/mo
Avg $/SF$3.17
Rent Spread:
-$206/mo (-6.9%) Lower

100 Promenade Cir, Vaughan

Avg Asking$2,550/mo
Avg $/SF$3.41
Rent Spread:
-$450/mo (-15.0%) Lower

Comparable Analysis & Questions

How do rental rates at Promenade Towers I compare to neighbouring buildings within Thornhill?

At $3,000/month ($2.73/SF), Promenade Towers I maintains a competitive market position compared to surrounding properties.

Does Promenade Towers I 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 Promenade Towers I and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Promenade Towers I.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Outdoor Pool
  • Hot Tub & Jacuzzi
  • Sauna & Steam Room
  • Squash & Racquetball Court
  • Tennis & Pickleball Court
  • Party & Lounge Room
  • Meeting Room
  • Games & Billiards Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Promenade Towers I.

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.