Altitude — Rental Market Data

Altitude at 88 Grangeway Ave holds two active listings as of August 31, 2026, with asking rents ranging from $2,400 to $3,090 per month, an average of $2,745 and a median of $2,745. The average suite spans 875 square feet at a blended asking rate of $3.25 per square foot. Inventory is split evenly between a 1-Bedroom + Den and a 2-Bedroom unit, so the current mix skews toward mid-size family layouts rather than compact entry-level studios.

The dominant active layout at Altitude is the 1-Bedroom + Den, representing 50 percent of available inventory with one listing at $2,400 per month across 650 square feet and a rate of $3.69 per square foot. The 2-Bedroom tier also holds one unit, or 50 percent of inventory, asking $3,090 per month for 1,100 square feet at $2.81 per square foot. Both tiers are single-listing categories, so renters in either layout face zero alternative options within the building.

Altitude's active availability spans a $690 spread from a $2,400 entry point to a $3,090 peak, a 28.8 percent range across two suites. The median asking rent of $2,745 per month sits between these two data points. The entry-level 1-Bedroom + Den offers 650 square feet at $3.69 per square foot, while the peak 2-Bedroom provides 1,100 square feet at a more efficient $2.81 per square foot.

Altitude's active den premium cannot be quantified from current listings, as the single 1-Bedroom + Den unit does not have a paired 1-Bedroom comparison to isolate the marginal cost of den space. Parking stall premiums are likewise inconclusive; the available data does not support a reliable per-stall figure, and no verified historical parking benchmark exists in the lease record.

Altitude's average asking rent of $2,745 per month exceeds the Scarborough City Centre submarket asking benchmark of $2,495 by $250, yet its rate of $3.25 per square foot runs 2.7 percent below the submarket asking norm of $3.34 per square foot. The higher nominal rent is driven entirely by the building's larger average suite size of 875 square feet compared to the submarket's typical footprint. Altitude's two active listings represent roughly 2.7 percent of the 74 total active units available across the Scarborough City Centre submarket.

Altitude's all-time average lease rent of $2,605 per month runs $77 above the four-comp average of $2,528, a gap driven primarily by its larger suite footprints rather than a higher per-foot rate. Skyscape at 68 Grangeway Ave closed leases averaging $2,581 per month at $3.28 per square foot across 788 square feet; Forest Vista at 61 Town Centre Crt recorded $2,600 per month at $3.06 per square foot over 864 square feet; Centro South Tower at 190 Borough Dr averaged $2,403 per month at $3.28 per square foot in 767-square-foot suites; and Centro North Tower at 25 Town Centre Crt posted $2,526 per month at $3.23 per square foot across 813 square feet. Altitude's 895-square-foot average gives tenants the most interior space in the cluster while keeping the total monthly outlay within a narrow $20-to-$200 band of every competitor.

At $2.96 per square foot on an 895-square-foot average suite, Altitude delivers a lower per-foot cost than all four nearby comparables while offering the largest interior footprint in the group. Against Skyscape's $3.28 per square foot, Altitude trades at a $0.32-per-foot (9.8%) discount; versus Forest Vista's $3.06, the gap narrows to $0.10 per foot (3.3%); and compared with both Centro towers at $3.28 and $3.23 respectively, Altitude undercuts by $0.32 and $0.27 per foot. A renter choosing Altitude over Centro South Tower, for example, gains 128 additional square feet of living space while paying only $202 more in total monthly rent—a trade that works in the tenant's favour on a per-foot basis across every pairing in this micro-market.

Altitude's 13-amenity package at 88 Grangeway Ave distinguishes itself from nearby peers through a combination of wellness, social, and productivity features that no single competitor replicates in full. Where Skyscape offers a putting green but no hot tub or dedicated library, Altitude pairs its putting greens with a full hot tub and jacuzzi plus a library and reading room—two amenities absent from Skyscape's list. Forest Vista counters with a business centre, prayer room, clubhouse, and spa that Altitude does not carry, yet Altitude's rooftop terrace and hot tub combination is unavailable at that 2002-built property. Both Centro towers include a BBQ area that Altitude lacks, but neither Centro building offers the library and reading room or the hot tub and jacuzzi pairing found at Altitude. The net effect is a lifestyle package best suited to young professionals and small families who want resort-style wellness (pool, hot tub, sauna), a quiet reading or work retreat, and rooftop social space without stepping outside the Scarborough City Centre core.