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Market Data as of September 30, 2026

Promenade Towers II — Rental Market Data

7440 Bathurst St, Vaughan, Ontario L4J 7K8
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$3,100/mo
Date Leased: August 11, 2026
Rent psf$2.82/sf
Turnover Velocity33 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1988
Total Suites198
DeveloperMenkes Developments & The Glen Group

Promenade Towers II is a residential community located in Vaughan, Ontario. Completed in 1988, the property features an estimated 198 suites. The building currently features no active rental listings on record as of September 30, 2026.

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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$3,100/mo
Date LeasedAugust 11, 2026
Rent psf$2.82/sf
Turnover Velocity33 Days
Active Inventory Status0 Available

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)
2026-04-271335013002.5846
2026-04-281335013002.5847
2026-04-291335013002.5848
2026-04-301335013002.5849
2026-05-011335013002.5850
2026-05-021335013002.5851
2026-05-031335013002.5852
2026-05-041335013002.5853
2026-05-051335013002.5854
2026-05-061335013002.5855
2026-05-071335013002.5856
2026-05-081335013002.5857
2026-05-091335013002.5858
2026-05-101335013002.5859
2026-05-111335013002.5860
2026-05-121335013002.5861
2026-05-131335013002.5862
2026-05-141335013002.5863
2026-05-151335013002.5864
2026-05-161335013002.5865
2026-05-171335013002.5866
2026-05-181335013002.5867
2026-05-191335013002.5868
2026-05-201335013002.5869
2026-05-211335013002.5870
2026-05-221335013002.5871
2026-05-231335013002.5872
2026-05-241335013002.5873
2026-05-251335013002.5874
2026-05-261335013002.5875
2026-05-271335013002.5876
2026-05-281335013002.5877
2026-05-291335013002.5878
2026-05-301335013002.5879
2026-05-311335013002.5880
2026-06-011335013002.5881
2026-06-021335013002.5882
2026-06-031335013002.5883
2026-06-041335013002.5884
2026-06-051335013002.5885
2026-06-061335013002.5886
2026-06-071335013002.5887
2026-06-081335013002.5888
2026-06-091335013002.5889
2026-06-101335013002.5890
2026-06-111335013002.5891
2026-06-121335013002.5892
2026-06-131335013002.5893
2026-06-141335013002.5894
2026-06-151335013002.5895
2026-07-021310013002.38N/A
2026-07-031310013002.381
2026-07-041310013002.382
2026-07-051310013002.383
2026-07-061310013002.384
2026-07-071310013002.385
2026-07-081310013002.386
2026-07-092310012002.604
2026-07-102310012002.605
2026-07-112310012002.606
2026-07-122310012002.607
2026-07-132310012002.608
2026-07-141310011002.825
2026-07-151310011002.826
2026-07-161310011002.827
2026-07-171310011002.828
2026-07-181310011002.829
2026-07-191310011002.8210
2026-07-201310011002.8211
2026-07-211310011002.8212
2026-07-221310011002.8213
2026-07-231310011002.8214
2026-07-241310011002.8215
2026-07-251310011002.8216
2026-07-261310011002.8217
2026-07-271310011002.8218
2026-07-281310011002.8219
2026-07-291310011002.8220
2026-07-301310011002.8221
2026-07-311310011002.8222
2026-08-011310011002.8223
2026-08-021310011002.8224
2026-08-031310011002.8225
2026-08-041310011002.8226
2026-08-051310011002.8227
2026-08-061310011002.8228
2026-08-071310011002.8229
2026-08-081310011002.8230
2026-08-091310011002.8231
2026-08-101310011002.8232

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Promenade Towers 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)
2026-06-141325013002.5096
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-121310013002.3812
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-020N/AN/AN/AN/A
2026-08-091305011002.7733

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 II with 6 tracked residential buildings in the immediate vicinity.

7420 Bathurst St, Vaughan

Avg Asking$3,100/mo
Avg $/SF$2.59
Rent Spread:
N/A

7460 Bathurst St, Vaughan

Avg Asking$3,300/mo
Avg $/SF$2.73
Rent Spread:
N/A

30 Upper Mall Way, Vaughan

Avg Asking$2,452/mo
Avg $/SF$3.45
Rent Spread:
N/A

50 Upper Mall Way, Vaughan

Avg Asking$2,396/mo
Avg $/SF$3.98
Rent Spread:
N/A

88 Promenade Circ, Vaughan

Avg Asking$2,794/mo
Avg $/SF$3.17
Rent Spread:
N/A

100 Promenade Cir, Vaughan

Avg Asking$2,550/mo
Avg $/SF$3.41
Rent Spread:
N/A

Comparable Analysis & Questions

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

At $0/month ($0.00/SF), Promenade Towers II maintains a competitive market position compared to surrounding properties.

Does Promenade Towers 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 Promenade Towers II and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Promenade Towers II.

Building Amenities

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

Data Methodology & Analytical Standards

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