Hillsborough Court II — Rental Market Data

Hillsborough Court II carries one active listing as of August 31, 2026, with an asking rent of $2,300 per month representing both the minimum and maximum in the current range. The average and median asking rent are identical at $2,300 per month across the single available suite. The listing averages 750 square feet at $3.07 per square foot, and the 100 percent inventory share in the one-bedroom-plus-den tier indicates a compact entry-level profile rather than multi-bedroom executive availability.

The one-bedroom-plus-den layout is the sole active configuration at Hillsborough Court II, accounting for 100 percent of current inventory with a single listing. That unit asks $2,300 per month for 750 square feet, translating to $3.07 per square foot. No other bedroom tiers—studio, one-bedroom, two-bedroom, or three-bedroom—currently have available units in the building.

Hillsborough Court II's active availability is concentrated in a single price point of $2,300 per month, producing a dollar spread of zero and a percentage spread of zero. The median asking rent likewise sits at $2,300 per month. The entry-level and peak suite are the same unit: a one-bedroom-plus-den of 750 square feet priced at $3.07 per square foot, leaving no tier differentiation within the current active inventory.

Hillsborough Court II's active den premium cannot be quantified from current listings, as the single available unit already includes a den within its 750-square-foot footprint and no paired comparison without a den exists in the active set. Parking stall costs likewise cannot be reliably isolated from the current listing data, and no verified parking premium is available from historical lease records at this property.

Hillsborough Court II's active asking rent of $2,300 per month and rate of $3.07 per square foot both trail the Scarborough City Centre submarket asking benchmarks of $2,495 per month and $3.34 per square foot respectively. The building's per-square-foot rate runs 8.1 percent below the submarket asking average, confirming genuinely competitive unit pricing independent of suite size. With one active listing out of 74 total submarket listings, Hillsborough Court II represents approximately 1.4 percent of current Scarborough City Centre rental inventory.

Hillsborough Court II's average closed-lease rent of $2,483 per month sits $107 above the four-comp average of $2,376, yet the subject's larger suite sizes mean the per-square-foot cost is actually lower than every nearby competitor. Hillsborough Court I at 18 Lee Centre Dr (0.05 km) closed leases averaging $2,421 per month at $3.11 per square foot over 800 square feet, a spread of just $62 (2.6%) below the subject. Ellipse I at 36 Lee Centre Dr (0.12 km) recorded an average of $2,241 per month at $3.30 per square foot across 691 square feet, and Ellipse II at 38 Lee Centre Dr (0.17 km) averaged $2,283 per month at $3.30 per square foot over 708 square feet. Residences at the Consilium I at 88 Corporate Dr (0.17 km) posted the highest comp rent at $2,558 per month but at a steep $3.96 per square foot over 758 square feet, making it the most expensive option in the cluster on a unit-cost basis.

Hillsborough Court II leases at $3.10 per square foot over an average of 826 square feet, delivering more interior space than every nearby competitor at a lower per-square-foot rate than each one. Against Hillsborough Court I (800 sq ft at $3.11/sq ft), the subject adds 26 square feet while trading at a $0.01 per square foot discount. Compared with Ellipse I (691 sq ft at $3.30/sq ft) and Ellipse II (708 sq ft at $3.30/sq ft), the subject provides 135 and 118 additional square feet respectively, each at a $0.20 per square foot (6.1%) discount. Residences at the Consilium I (758 sq ft at $3.96/sq ft) is the widest gap: the subject offers 68 more square feet at a $0.86 per square foot (21.7%) discount. Tenants choosing Hillsborough Court II are not surrendering space or accepting a smaller footprint; they are gaining meaningful extra area while paying less per square foot than any alternative in this immediate cluster.

Hillsborough Court II's amenity package at 8 Lee Centre Dr blends full-service recreation with dedicated social spaces that several nearby competitors do not match. The subject's Table Tennis and Card Room offerings are absent from all four comparables, giving residents a low-impact social and light-activity option that neither the Ellipse pair nor the Consilium tower provides. While Residences at the Consilium I counters with an Outdoor Pool and Bowling Alley, and Hillsborough Court I adds a Tennis & Pickleball Court and Children's Playground, the subject's combination of an Indoor Pool, Hot Tub & Jacuzzi, Sauna & Steam Room, Squash & Racquetball Court, and Badminton Court delivers a more concentrated indoor recreation suite without requiring residents to step outside in winter. The Ellipse buildings offer a Media & Theatre Room and BBQ Area that the subject lacks, but the subject's dedicated Games & Billiards Room, Library & Reading Room, and Garden & Courtyard create a quieter, community-oriented lifestyle profile. This package best serves established professionals and small households in their mid-30s to 50s who prioritise on-site fitness, indoor recreation, and a concierge-managed environment over high-energy social or family-oriented amenities.