The Narrative Condos - Tower B — Rental Market Data

The Narrative Condos - Tower B features 3 active listings as of August 31, 2026, offering a price range of $1,700 to $2,750 per month, an average rent of $2,300 per month, and a median rent of $2,450 per month. Active suites average 729 square feet with an asking rate of $3.18 per square foot. The inventory is evenly split across three layout tiers, with each tier holding a 33.3 percent share and spanning a balance of entry-level and multi-bedroom options.

The dominant active layout at The Narrative Condos - Tower B is the 1-Bedroom tier, which accounts for 1 listing and a 33.3 percent share of active inventory. The 1-Bedroom tier features an average asking rent of $1,700 per month across an average of 750 square feet at $2.27 per square foot. The 2-Bedroom tier provides 1 listing representing a 33.3 percent share, averaging $2,450 per month across 650 square feet at $3.77 per square foot. The 3-Bedroom+ tier also comprises 1 listing with a 33.3 percent share, averaging $2,750 per month across 788 square feet at $3.49 per square foot.

The Narrative Condos - Tower B presents a minimum entry rent of $1,700 per month and a peak asking rent of $2,750 per month, creating a dollar spread of $1,050 and a percentage spread of 61.8 percent. The median asking rent sits at $2,450 per month. The entry-level suite is a 1-Bedroom unit offering 750 square feet at an asking rate of $2.27 per square foot, whereas the peak suite is a 3-Bedroom+ unit providing 788 square feet at an asking rate of $3.49 per square foot.

The Narrative Condos - Tower B has active den premium data that is currently unquantified due to a lack of available comparative listings featuring den layouts. Active parking premiums cannot be reliably isolated from current listings as the data reflects an insufficient sample size. Prospective tenants should verify parking stall availability and associated fees directly with leasing agents.

The Narrative Condos - Tower B commands an average asking rent of $2,300 per month at $3.18 per square foot, comparing to the Scarborough East submarket asking average of $2,397 per month at $3.14 per square foot. The lower nominal monthly outlay is driven by specific suite configurations rather than cheaper underlying unit pricing. The building's asking rate per square foot tracks 1.3 percent above the submarket asking benchmark while representing 30 active units across the broader neighborhood inventory.

The Narrative Condos - Tower B leases at an average rate that compares against an overall comp average of $2,543 per month, evaluated across modern and legacy benchmarks including The Narrative Condos - Tower A, Platinum on the Rouge, Camargue II, and Camargue I. The immediate modern peer, The Narrative Condos - Tower A at 7439 Kingston Rd, reports an average lease rent of $2,222 per month at $3.70 per square foot across an average of 629 square feet. Legacy competitors operate at significantly different scales: Platinum on the Rouge at 11753 Sheppard Ave E records an average lease rent of $2,750 per month at $2.50 per square foot across 1,100 square feet; Camargue II at 20 Dean Park Rd logs an average lease rent of $2,450 per month at $2.44 per square foot across 1,000 square feet; and Camargue I at 10 Dean Park Rd matches Platinum with an average lease rent of $2,750 per month at $2.50 per square foot across 1,100 square feet.

The Narrative Condos - Tower B establishes its value proposition through modern spatial efficiency, trading at higher rates per square foot for optimized layouts compared to the lower rates per square foot seen in much larger legacy peers. Renters at The Narrative Condos - Tower B weigh the advantages of brand-new mechanical systems, modern interior finishes, and lower long-term utility burdens against the trade-off of compact suite footprints. For instance, while Platinum on the Rouge provides an average of 1,100 square feet at $2.50 per square foot, and Camargue II offers 1,000 square feet at $2.44 per square foot, new-generation alternatives like The Narrative Condos - Tower A operate at a much more compact average of 629 square feet while achieving a higher rate of $3.70 per square foot.

The Narrative Condos - Tower B delivers an expansive lifestyle and amenity profile that outpaces older nearby developments through modern wellness and social infrastructure. The subject building features signature amenities including a dedicated Concierge & Security service, an advanced EV Charging Station, a fully equipped Gym & Fitness Centre, a specialized Yoga Studio, and an outdoor Rooftop Terrace. When contrasted with legacy alternatives such as Camargue I and II—which rely on older shared laundry rooms, basic car wash bays, and traditional indoor pools—The Narrative Condos - Tower B emphasizes lifestyle spaces tailored to modern remote professionals and young families, aligning closely with the amenity expectations of the area's incoming tech and corporate renter demographics.