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Market Data as of September 30, 2026

Park Terrace II — Rental Market Data

91 Townsgate Dr, Vaughan, Ontario L4J 8E8
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,499/mo
Date Leased: July 5, 2026
Rent psf$2.94/sf
Turnover VelocityFast (9d)
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1995
Total Suites160
DeveloperMenkes Developments

Park Terrace II is a residential community located in Vaughan, Ontario. Completed in 1995, the property features an estimated 160 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$2,499/mo
Date LeasedJuly 5, 2026
Rent psf$2.94/sf
Turnover VelocityFast (9d)
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)
2026-04-27128008503.29102
2026-04-28128008503.29103
2026-04-29128008503.29104
2026-04-30128008503.29105
2026-05-01128008503.29106
2026-05-02128008503.29107
2026-05-03128008503.29108
2026-05-04128008503.29109
2026-05-05128008503.29110
2026-05-06128008503.29111
2026-05-07128008503.29112
2026-05-08128008503.29113
2026-05-09128008503.29114
2026-05-10128008503.29115
2026-05-11128008503.29116
2026-05-12228008503.2959
2026-05-13228008503.2960
2026-05-14228008503.2961
2026-05-15228008503.2962
2026-05-16228008503.2963
2026-05-17228008503.2964
2026-05-18228008503.2965
2026-05-19228008503.2966
2026-05-20228008503.2967
2026-05-21228008503.2968
2026-05-22228008503.2969
2026-05-23228008503.2970
2026-05-24228008503.2971
2026-05-25228008503.2972
2026-05-26228008503.2973
2026-05-27228008503.2974
2026-05-28228008503.2975
2026-05-29228008503.2976
2026-05-30228008503.2977
2026-05-31127998503.2919
2026-06-01127998503.2920
2026-06-02127998503.2921
2026-06-03127998503.2922
2026-06-04127998503.2923
2026-06-05127998503.2924
2026-06-06227508503.2313
2026-06-07227508503.2314
2026-06-08227508503.2315
2026-06-09227508503.2316
2026-06-10227508503.2317
2026-06-11227508503.2318
2026-06-12327338503.2212
2026-06-13327338503.2213
2026-06-14327338503.2214
2026-06-15327338503.2215
2026-06-16227508503.2320
2026-06-17227508503.2321
2026-06-18227508503.2322
2026-06-19227508503.2323
2026-06-20227508503.2324
2026-06-21227508503.2325
2026-06-22227508503.2326
2026-06-23227508503.2327
2026-06-24127008503.1812
2026-06-25127008503.1813
2026-06-26226008503.067
2026-06-27124998502.941
2026-06-28124998502.942
2026-06-29124998502.943
2026-06-30124998502.944
2026-07-01124998502.945
2026-07-02124998502.946
2026-07-03124998502.947
2026-07-04124998502.948

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Park Terrace 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.

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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)
2026-06-14126508503.1210
2026-06-21127008503.1815
2026-06-280N/AN/AN/AN/A
2026-07-05125008502.949

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 Park Terrace II with 6 tracked residential buildings in the immediate vicinity.

Park Terrace I51 m

81 Townsgate Dr, Vaughan

Avg Asking$2,388/mo
Avg $/SF$2.59
Rent Spread:
N/A
Townsgate II91 m

11 Townsgate Dr, Vaughan

Avg Asking$3,240/mo
Avg $/SF$2.95
Rent Spread:
N/A
Eiffel Towers131 m

1 Emerald Lane, Vaughan

Avg Asking$2,650/mo
Avg $/SF$3.00
Rent Spread:
N/A
Townsgate I146 m

7 Townsgate Dr, Vaughan

Avg Asking$3,300/mo
Avg $/SF$2.54
Rent Spread:
N/A
777 Steeles West188 m

777 Steeles Ave W, North York

Avg Asking$2,875/mo
Avg $/SF$3.13
Rent Spread:
N/A
Classique at Eiffel Towers206 m

5 Emerald Lane, Vaughan

Avg Asking$3,125/mo
Avg $/SF$2.95
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Park Terrace II compare to neighbouring buildings within Thornhill?

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

Does Park Terrace 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 Park Terrace II and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Park Terrace II.

Building Amenities

  • Gym & Fitness Centre
  • Outdoor Pool
  • Tennis & Pickleball Court
  • Sauna & Steam Room
  • Concierge & Security
  • Party & Lounge Room
  • Games & Billiards Room
  • EV Charging Station
  • Pet Wash Station

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

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