Merge — Rental Market Data

Merge holds four active listings as of August 31, 2026, with asking rents ranging from $1,950 to $2,700 per month, an average of $2,358 and a median of $2,390. The average suite size across current availability is 642 square feet at an asking rate of $3.84 per square foot. Each of the four layout tiers—1-Bedroom, 1-Bedroom + Den, 2-Bedroom, and 2-Bedroom + Den—accounts for 25 percent of active inventory, so the building offers a balanced spread from compact entry-level suites to multi-bedroom executive layouts rather than skewing toward either end.

No single layout dominates active availability at Merge; all four tiers hold exactly one listing each, representing a 25 percent share. The 1-Bedroom suite asks $1,950 per month for 400 square feet at $4.88 per square foot, while the 1-Bedroom + Den is listed at $2,300 for 650 square feet at $3.54 per square foot. The 2-Bedroom commands $2,480 for 650 square feet at $3.82 per square foot, and the 2-Bedroom + Den tops the range at $2,700 for 866 square feet at $3.12 per square foot.

Merge's active availability spans a $750 spread, or 38.5 percent, from a minimum entry rent of $1,950 to a peak asking rent of $2,700 per month. The median asking rent sits at $2,390 per month. The entry-level 1-Bedroom suite offers 400 square feet at $4.88 per square foot, while the peak 2-Bedroom + Den provides 866 square feet at a more efficient $3.12 per square foot, reflecting the typical inverse relationship between suite size and unit rate.

Merge's active den premium is $350 per month for an additional 250 square feet of space, equating to a marginal cost of $1.40 per square foot for the extra den area. Active parking premiums cannot be reliably isolated from current listings due to insufficient paired sample data. Historical leases at the building established a verified parking benchmark of $166 per month, which serves as a reasonable reference point for budgeting.

Merge's active asking rent of $2,358 per month and $3.84 per square foot both trail the Scarborough South submarket asking benchmarks of $2,482 per month and $3.92 per square foot, placing the building 2 percent below the submarket on a per-square-foot basis. The building's larger average suite size of 642 square feet compared to the submarket's realized lease average further differentiates its value proposition. Merge accounts for four of the 32 active listings in the Scarborough South submarket, representing roughly 12.5 percent of total available inventory.

Merge's average closed lease rent of $2,051 per month runs $349 below the four-comparable average of $2,400, positioning it as the more affordable entry point in this micro-market. Haven On The Bluffs at 22 East Haven Dr (0.18 km) closed leases averaging $2,325 per month at $3.27 per square foot across 750-square-foot suites. Imagine Condos at 3560 St Clair Ave E (1.67 km) recorded an average of $2,313 per month at $3.00 per square foot over 775 square feet. Terrace on Danforth at 3520 Danforth Ave (1.92 km) posted the highest comp rent at $2,563 per month, $3.01 per square foot, and 850 square feet of average suite space. The 2224a Kingston Road building at 0.12 km has not yet reported closed lease metrics in the trailing 180-day window.

Merge trades at $3.73 per square foot on an average 575-square-foot suite, a rate that commands a premium over every nearby competitor while offering materially less interior space. Against Haven On The Bluffs, Merge's renter pays $0.46 per square foot more (14.1% premium) for 175 fewer square feet of living area. Compared with Imagine Condos, the premium widens to $0.73 per square foot (24.3%) while the suite shrinks by 200 square feet. Terrace on Danforth shows a similar pattern: $0.72 per square foot (23.9%) above Merge's rate, with 275 additional square feet in the average unit. The trade-off is clear—tenants at Merge accept a compact footprint in exchange for a newer building (completed 2023 versus 2014–2019 for the other three), a denser amenity suite, and a verified parking premium of $166 per month that is confirmed in lease data.

Merge's lifestyle package at 90 Glen Everest Rd extends meaningfully beyond what the three active competitors offer, giving it a distinct edge for renters who prioritize wellness, work-from-home flexibility, and pet-friendly convenience. Where Haven On The Bluffs and Imagine Condos both provide a standard gym, party room, and rooftop terrace, Merge adds a dedicated Yoga Studio, a Business Centre with meeting infrastructure, a Media & Theatre Room, an EV Charging Station, and a Pet Wash Station—five features absent from those two properties. Terrace on Danforth differentiates itself with a Garden & Courtyard and Games & Billiards Room, but it likewise lacks the EV charging, yoga studio, business centre, media room, and pet wash that Merge includes. The combined package best serves young professional renters in their late twenties to mid-thirties who want a turnkey wellness routine, reliable co-working space without a separate membership, and the practical convenience of on-site EV charging and pet grooming in a single building.