Central Scarborough Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 1 tracked property across Central Scarborough, Scarborough.
Central Scarborough Rental Market Overview
Central Scarborough features an active rental market comprising 1 monitored residential buildings in Scarborough. For Past 90 Days, realized lease transactions averaged $2,404/month ($4.69/SF), with active available inventory averaging $2,275/month. Whether comparing asking prices to realized contract values or searching for specific building benchmarks, verified transaction comps provide transparency for renters, landlords, and real estate professionals.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Central Scarborough
Closed Leases
Transactions that closed in the Past 90 Days across Central Scarborough
Central Scarborough Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in Past 90 Days (expanded 90-day window).
Central Scarborough Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Central Scarborough, Scarborough.
| Action | |||||
|---|---|---|---|---|---|
Highland Commons 1635 Military Trail | $2,404/mo | $4.69/SF | 6leases | 2units | Comps |
1635 Military Trail
Derived from verified closed lease contracts finalized during Past 90 Days across multi-residential buildings in Central Scarborough.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.
The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.
Central Scarborough Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Central Scarborough
Central Scarborough is an established residential submarket within Scarborough, comprising 1 tracked condominium and multi-family properties. The neighbourhood benefits from strong local demand, proximity to regional employment nodes, and accessible neighborhood commercial amenities.
Transportation throughout Central Scarborough is anchored by municipal transit connections, primary arterial thoroughfares, and nearby regional highways, connecting residents efficiently across Scarborough and the wider Greater Toronto Area.
The residential inventory in Central Scarborough features a balanced mix of contemporary condominium developments and established multi-residential suites, offering versatile floor plans tailored to individuals, couples, and working professionals.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Central Scarborough is currently $2,404/month ($4.69/SF), with an average leasing velocity of 12 Days on Market. Compared to the overall Scarborough municipal benchmark ($2,389/month), Central Scarborough trades at a 1% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards.
Month Over Month Trends
Across Central Scarborough, realized residential lease prices moved -1.3% compared to the previous reporting period, resulting in an average executed contract rate of $2,404/month ($4.69/SF). Days on market averaged 12 days, reflecting ongoing transactional absorption across active properties.
Longer Term Trends & Rental Dispersion
Over longer cyclical horizons, Central Scarborough's rental market has responded dynamically to demographic migration and new building completions across Scarborough. Prime properties continue to secure resilient lease rates, while established condominium stock offers competitive square footage and balanced pricing.
Currently across Central Scarborough's 1 tracked multi-family properties, there are 2 active rental listings with an average asking rent of $2,275/month ($5.69/SF). For closed transactions executed in Past 90 Days (expanded to rolling 90-day transactions for statistical reliability), realized lease agreements averaged $2,404/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Evaluate both verified closed lease comps and active asking prices across Central Scarborough to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets.
For Landlords
Aligning initial asking rents with recent 30-day closed transactions rather than speculative active listings prevents extended vacancy periods and protects net operating income.
For Realtors
Review building-level historical lease velocity and $/SF trends in Central Scarborough to prepare comprehensive, defensible comparative market analyses for clients.
Central Scarborough Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Central Scarborough, Scarborough
What is the average rent for a condominium or apartment in Central Scarborough, Scarborough?
Based on lease transactions tracked by FastScreen in Past 90 Days (expanded to rolling 90-day transactions) across 1 tracked condominium and apartment buildings in Central Scarborough, realized rents by unit layout average:
- +$0 vs Scarborough avgStudio / Bachelor:$2,000*/mo($5.00/SF · 400 SF)*Scarborough benchmark comp
- +$0 vs Scarborough avg1-Bedroom:$2,098*/mo($4.10/SF · 531 SF)*Scarborough benchmark comp
- +$38 vs Scarborough avg1-Bedroom + Den:$2,295/mo($4.55/SF · 522 SF)
- +$423 vs Scarborough avg2-Bedroom:$2,950/mo($5.36/SF · 550 SF)
- +$0 vs Scarborough avg2-Bedroom + Den:$2,804*/mo($2.72/SF · 1071 SF)*Scarborough benchmark comp
- +$0 vs Scarborough avg3-Bedroom+:$2,820*/mo($2.94/SF · 976 SF)*Scarborough benchmark comp
Overall market leasing across all unit layouts averaged $2,404/month ($4.69/SF) with an average of 12 Days on Market. Active rental listings currently average $2,275/month ($5.69/SF) for an average unit size of 400 SF.
How much is a 1-bedroom apartment in Central Scarborough?
In Central Scarborough, 1-bedroom apartments and condominiums currently average $2,098/month ($4.10/SF). Realized lease rates fluctuate depending on building vintage, floor height, and included parking.
How much is a 2-bedroom apartment in Central Scarborough?
In Central Scarborough, 2-bedroom rental suites typically lease for $2,950/month ($5.36/SF). Suites offering two full bathrooms and reserved underground parking command the strongest tenant interest.
How much is a 3-bedroom apartment in Central Scarborough?
3-bedroom residences in Central Scarborough represent family-sized suites averaging $2,820/month ($2.94/SF). These larger suites have low turnover and are in steady demand from growing households.
What are the most affordable and premium condo and apartment buildings in Central Scarborough?
In Central Scarborough, tracked condo properties such as Highland Commons average $2,404/month. Realized lease rates fluctuate depending on floor level, view exposure, parking inclusions, and suite size.
How does rent in Central Scarborough compare to the overall Scarborough average?
Realized lease rates in Central Scarborough average $2,404/month compared to the Scarborough municipal benchmark of $2,389/month. This reflects a 1% premium based on local building age, transit access, and neighbourhood amenities.
What are the postal code FSAs for Central Scarborough?
FastScreen aggregates verified condominium and apartment rental data across all primary postal codes throughout Central Scarborough and Scarborough, updating market comps continuously.
How fast do rental units lease in Central Scarborough (Days on Market)?
The average Days on Market (DOM) for realized leases in Central Scarborough is 12 days. Well-priced 1-bedroom and 2-bedroom units located within short walking distance of rapid transit and retail corridors typically execute binding lease agreements within 14 to 21 days, whereas units priced above prevailing closed comps can remain on market for 35+ days.
How should landlords price their rental listings in Central Scarborough to avoid vacancy loss?
Landlords in Central Scarborough should benchmark initial asking rents against verified 30-day closed lease comps rather than peak active listings. At an average rent of $2,404/month, each day of vacancy costs $80 in lost gross revenue. Overpricing a suite by $100/month and sitting vacant for 30 additional days costs $2,404, which takes 24 months of collecting that higher rent just to break even.
How much more will a unit with a parking spot in Central Scarborough rent for versus a unit without one?
In Central Scarborough, a condominium rental with an included underground parking space typically commands an estimated $120 to $200/month premium over an equivalent unit without parking, depending on proximity to transit corridors.
Are parking spaces, lockers, and utilities included in Central Scarborough rents?
In most modern Central Scarborough condominium developments, hydro and water are separately metered and paid by the tenant. Reserved underground parking stalls and storage lockers are often bundled into the lease or rented separately for $100 to $175 per month.
Explore Other Scarborough Submarkets
Compare neighbourhood comps and rental rates for leased units across Scarborough against Central Scarborough