Market Data as of August 31, 2026
Platinum East — Rental Market Data
Last Lease
2-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Platinum East at 80 Alton Towers Circle in Scarborough North is a 266-suite residential building completed in 1991 by Marchant Building Corporation, and as of August 31, 2026, the tower is fully occupied with zero units currently listed for rent. The availability rate sits at 0 percent, meaning the building holds no share of the 22 active listings tracked across the broader Scarborough North submarket. Leasing activity has been quiet: no closed leases were recorded in the trailing 30 days, while one lease closed in the 90-day window at an average of $2,600 per month with a 35-day time on market.
With no active asking rents to benchmark, the most recent realized lease data provides the clearest pricing signal. The tracked leases averaged $2,600 per month across 1,150 square feet of space, translating to a realized rate of $2.27 per square foot. That figure sits well below the Scarborough North submarket asking benchmark of $2.96 per square foot and also undercuts the submarket realized lease average of $3.15 per square foot, indicating Platinum East has historically offered a more competitive rate per square foot than the surrounding market despite its larger suite footprints.
Because the building is at full occupancy, renters cannot access any in-building inventory and should direct their search toward the 22 active listings available elsewhere in Scarborough North. The one closed 90-day lease carried a 35-day marketing period, six days above the submarket average of 29 days, suggesting modest leasing friction even in a fully occupied tower. Across all four tracked historical leases, tenants consistently negotiated an average discount of $75 per month, or 2.78 percent below asking, saving roughly $900 per year in rent.
Get Monthly Rental Market Updates for Platinum East
Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.
Last Realized Lease
Transaction metrics for the most recently leased suite
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 3 | 2667 | 1167 | 2.30 | 27 |
| 2026-04-28 | 2 | 2725 | 1200 | 2.29 | 37 |
| 2026-04-29 | 2 | 2725 | 1200 | 2.29 | 38 |
| 2026-04-30 | 2 | 2725 | 1200 | 2.29 | 39 |
| 2026-05-01 | 2 | 2725 | 1200 | 2.29 | 40 |
| 2026-05-02 | 2 | 2725 | 1200 | 2.29 | 41 |
| 2026-05-03 | 2 | 2725 | 1200 | 2.29 | 42 |
| 2026-05-04 | 2 | 2725 | 1200 | 2.29 | 43 |
| 2026-05-05 | 2 | 2725 | 1200 | 2.29 | 44 |
| 2026-05-06 | 2 | 2725 | 1200 | 2.29 | 45 |
| 2026-05-07 | 2 | 2725 | 1200 | 2.29 | 46 |
| 2026-05-08 | 2 | 2725 | 1200 | 2.29 | 47 |
| 2026-05-09 | 2 | 2725 | 1200 | 2.29 | 48 |
| 2026-05-10 | 2 | 2725 | 1200 | 2.29 | 49 |
| 2026-05-11 | 2 | 2725 | 1200 | 2.29 | 50 |
| 2026-05-12 | 1 | 2800 | 1100 | 2.55 | 20 |
| 2026-05-13 | 1 | 2800 | 1100 | 2.55 | 21 |
| 2026-05-14 | 1 | 2800 | 1100 | 2.55 | 22 |
| 2026-05-15 | 1 | 2800 | 1100 | 2.55 | 23 |
| 2026-05-16 | 1 | 2800 | 1100 | 2.55 | 24 |
| 2026-05-17 | 1 | 2800 | 1100 | 2.55 | 25 |
| 2026-05-18 | 1 | 2800 | 1100 | 2.55 | 26 |
| 2026-05-19 | 1 | 2800 | 1100 | 2.55 | 27 |
| 2026-05-20 | 1 | 2800 | 1100 | 2.55 | 28 |
| 2026-06-23 | 1 | 2700 | 1100 | 2.45 | N/A |
| 2026-06-24 | 1 | 2700 | 1100 | 2.45 | 1 |
| 2026-06-25 | 1 | 2700 | 1100 | 2.45 | 2 |
| 2026-06-26 | 1 | 2700 | 1100 | 2.45 | 3 |
| 2026-06-27 | 1 | 2700 | 1100 | 2.45 | 4 |
| 2026-06-28 | 1 | 2700 | 1100 | 2.45 | 5 |
| 2026-06-29 | 1 | 2700 | 1100 | 2.45 | 6 |
| 2026-06-30 | 1 | 2700 | 1100 | 2.45 | 7 |
| 2026-07-01 | 1 | 2700 | 1100 | 2.45 | 8 |
| 2026-07-02 | 1 | 2700 | 1100 | 2.45 | 9 |
| 2026-07-03 | 1 | 2700 | 1100 | 2.45 | 10 |
| 2026-07-04 | 1 | 2700 | 1100 | 2.45 | 11 |
| 2026-07-05 | 1 | 2700 | 1100 | 2.45 | 12 |
| 2026-07-06 | 1 | 2700 | 1100 | 2.45 | 13 |
| 2026-07-07 | 1 | 2700 | 1100 | 2.45 | 14 |
| 2026-07-08 | 1 | 2700 | 1100 | 2.45 | 15 |
| 2026-07-09 | 1 | 2700 | 1100 | 2.45 | 16 |
| 2026-07-10 | 1 | 2700 | 1100 | 2.45 | 17 |
| 2026-07-11 | 1 | 2700 | 1100 | 2.45 | 18 |
| 2026-07-12 | 1 | 2700 | 1100 | 2.45 | 19 |
| 2026-07-13 | 1 | 2700 | 1100 | 2.45 | 20 |
| 2026-07-14 | 1 | 2700 | 1100 | 2.45 | 21 |
| 2026-07-15 | 1 | 2700 | 1100 | 2.45 | 22 |
| 2026-07-16 | 1 | 2700 | 1100 | 2.45 | 23 |
| 2026-07-17 | 1 | 2700 | 1100 | 2.45 | 24 |
| 2026-07-18 | 1 | 2700 | 1100 | 2.45 | 25 |
| 2026-07-19 | 1 | 2700 | 1100 | 2.45 | 26 |
| 2026-07-20 | 1 | 2700 | 1100 | 2.45 | 27 |
| 2026-07-21 | 1 | 2700 | 1100 | 2.45 | 28 |
| 2026-07-22 | 1 | 2700 | 1100 | 2.45 | 29 |
| 2026-07-23 | 1 | 2700 | 1100 | 2.45 | 30 |
| 2026-07-24 | 1 | 2700 | 1100 | 2.45 | 31 |
| 2026-07-25 | 1 | 2700 | 1100 | 2.45 | 32 |
| 2026-07-26 | 1 | 2700 | 1100 | 2.45 | 33 |
| 2026-07-27 | 1 | 2700 | 1100 | 2.45 | 34 |
12-Month Market Dynamics & Trend Trajectory
Platinum East realized an average rent of $2,600 per month at $2.27 per square foot across four tracked leases, positioning the building $123 per month (approximately 5%) above the Scarborough North submarket leased average of $2,477 per month. However, the rate per square foot sits 25.1% below the submarket leased benchmark of $3.15 per square foot, meaning Platinum East tenants receive substantially more space for their dollar than the typical Scarborough North lease. The building's 1,150-square-foot average suite size is the primary driver of this value gap, making it a space-efficient option in a submarket where smaller units command higher per-square-foot rates. Pricing discipline at Platinum East skews clearly in the tenant's favour. 100% of the four tracked leases closed below asking, with an average concession of $75 per month (2.78%) and $900 in annualized savings per lease. This uniform discount pattern indicates landlords at this building are setting initial asks slightly above market-clearing levels and then conceding to close, rather than pricing at or below market from the outset. The consistent tenant leverage across every transaction suggests that, despite the building's space advantage, landlords lack the pricing power to hold at full asking in this submarket.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-10 | 1 | 2600 | 1300 | 2.00 | 81 |
| 2026-05-17 | 1 | 2700 | 1100 | 2.45 | 29 |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-26 | 1 | 2600 | 1100 | 2.36 | 35 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Platinum East at 80 Alton Towers Circle in Scarborough North has no direct nearby comparables identified in the current dataset; the comparable search returned zero matching buildings within the defined radius, meaning there is no active peer set with closed lease transactions to benchmark against over the trailing 180 days. The building, completed in 1991 and developed by Marchant Building Corporation, houses 266 suites and stands as a standalone reference point in this immediate pocket rather than one node in a multi-building competitive cluster. In the absence of building-level comparables, the broader Scarborough North submarket provides the nearest pricing context: an average realized lease rent of $2,477 per month, an average rate of $3.15 per square foot, and a median days-on-market of 29 across 22 active listings. Platinum East's four recorded leases over the trailing year averaged $2,600 per month at $2.27 per square foot across 1,150 square feet of interior space, placing the subject roughly 25 percent below the submarket's per-square-foot rate while carrying a modestly higher nominal rent—driven entirely by the building's larger suite footprints rather than a premium valuation per unit of space.
Comparable Analysis & Questions
How do rental rates at Platinum East compare to neighbouring buildings within Scarborough North?
Platinum East's average realized lease rent of $2,600 per month sits $123 above the Scarborough North submarket benchmark of $2,477, but no direct nearby competitor buildings with closed lease transactions were identified in the current dataset to provide a building-level rent spread. Because the comparable search returned zero matching properties, there are no named competitors with reported average rents, per-square-foot rates, or square-footage figures to cite as realized pricing benchmarks. The subject's four leases over the trailing year all closed at $2,600 per month, and tenants negotiated an average discount of $75 per month (2.78 percent below asking), saving roughly $900 per year per lease.
Does Platinum East offer a competitive price-per-square-foot ($/SF) against local comparables?
Platinum East trades at $2.27 per square foot on an average 1,150-square-foot suite, a rate 25.1 percent below the Scarborough North submarket leased benchmark of $3.15 per square foot, making it a space-efficient option for renters prioritizing interior footprint over per-unit pricing. With no active nearby comparables in the dataset, the primary trade-off is against the submarket average: a renter paying $2,600 per month at Platinum East receives substantially more interior square footage than the typical submarket lease, meaning the nominal rent premium over the $2,477 submarket average is fully explained by the larger suite size rather than a higher valuation per square foot. The building's 1991 construction and 266-suite scale further position it as a mature, established residential option in a pocket where newer, smaller-footprint inventory commands higher per-square-foot rates.
How do building age, amenities, and developer reputation impact rent spreads?
Platinum East offers a full-service lifestyle package—including an indoor pool, sauna and steam room, gym and fitness centre, tennis and pickleball court, rooftop terrace, party and lounge room, games and billiards room, concierge and security, and a pet wash station—that is notably rich for a building completed in 1991. With no direct nearby comparables in the dataset to contrast specific amenity gaps against named competitors, the building's package stands out in the Scarborough North submarket, where the average lease profile skews toward smaller, amenity-lighter suites. The aquatic and wellness cluster (pool, sauna, steam) combined with the dedicated tennis and pickleball court and pet wash station positions Platinum East as a destination for active, family-oriented renters and pet owners who want resort-style common facilities without stepping into a newer, higher-rent tower.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Platinum East.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Indoor Pool
- Sauna & Steam Room
- Tennis & Pickleball Court
- Party & Lounge Room
- Games & Billiards Room
- Rooftop Terrace
- Pet Wash Station
Residential Buildings in the Vicinity
- The Gatsby121 m
- The Ambassadors III142 m
- The Ambassadors II154 m
- The Ambassadors I239 m
- Optima on the Park I251 m
- Optima on the Park II277 m
- 99 Brimwood Boulevard1.3 km
- Wedgewood Grove1.7 km
- Milliken Centre1.9 km
- Chartwell Place I1.9 km
- The Windsor at Chartwell I1.9 km
- The Windsor at Chartwell II2.0 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Platinum East.
Snapshot Dates & Benchmark Cadence
- Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
- Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 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.