Scarborough East Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 22 tracked properties across Scarborough East, Scarborough.
Scarborough East Rental Market Overview
As of late summer 2026, the Scarborough East submarket within the municipality of Scarborough exhibits a remarkably balanced rental market across its 22 tracked residential developments. Concentrated primarily within the M1B postal forwarding sector, the area recorded an average realized rent of $2,449 per month based on 24 closed leases over the trailing 30 days, alongside 29 active listings currently on the market. Realized lease pricing closely tracks the broader municipal benchmark of $2,430 per month, representing a minimal 0.78% premium ($19) that underscores strong price alignment with the wider city.
Market activity is led by multi-bedroom configurations, with 2-bedroom units capturing substantial transaction volume alongside steady movement in 1-bedroom plus den suites. The asking-to-realized spread across the submarket sits at a modest $24 per month, indicating that landlord asking expectations align closely with executed tenant contracts. Properties in the submarket spend an average of 28 days on the market—leasing 1 day slower than the broader Scarborough municipal benchmark of 27 days, offering a predictable and stable leasing environment for both prospective tenants and property owners.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Scarborough East
Closed Leases
Transactions that closed in August 2026 across Scarborough East
Scarborough East Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Scarborough East Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Scarborough East, Scarborough.
| Action | |||||
|---|---|---|---|---|---|
Mapledale 3050 Ellesmere Rd | $2,371/mo | $2.85/SF | 7leases | 5units | Comps |
The Narrative Condos - Tower A 7439 Kingston Rd | $2,444/mo | $3.18/SF | 4leases | 3units | Comps |
The Narrative Condos - Tower B 7437 Kingston Rd | $2,225/mo | $3.90/SF | 4leases | 3units | Comps |
First Home Markham Sheppard - Building B 5131 Sheppard Ave E | $2,550/mo | $2.98/SF | 2leases | 2units | Comps |
Markham Place I 8 Rosebank Dr | $2,238/mo | $3.23/SF | 2leases | 1unit | Comps |
Markham Place II 6 Rosebank Dr | $2,075/mo | $3.77/SF | 2leases | 1unit | Comps |
Camargue II 20 Dean Park Rd | $2,800/mo | $2.55/SF | 1lease | 2units | Comps |
Mayfair on the Green I 400 McLevin Ave | $2,400/mo | $2.53/SF | 1lease | 2units | Comps |
SweetLife Condos 1 Falaise Rd | $2,500/mo | $2.63/SF | 1lease | 2units | Comps |
Mayfair on the Green IV 480 McLevin Ave | $2,700/mo | $2.08/SF | 1lease | 1unit | Comps |
First Home Markham Sheppard - Building A 5155 Sheppard Ave E | $2,150/mo | $3.91/SF | 1lease | 1unit | Comps |
Highland Commons 1625-1635 Military Trail | $2,100/mo | $3.82/SF | 1lease | 0units | Comps |
Mayfair on the Green II 410 McLevin Ave | $2,600/mo | $2.74/SF | 1lease | 0units | Comps |
Prominence Point 90 Dale Ave | $2,800/mo | $2.62/SF | 1lease | 0units | Comps |
Park Vista 8 Silverbell Grve | $3,200/mo | $2.46/SF | 1lease | 0units | Comps |
Gates of Guildwood 20 Guildwood Pkwy | $3,625(ask) | $2.52 (ask) | 0leases | 2units | Comps |
Platinum on the Rouge 11753 Sheppard Ave E | $2,900(ask) | $2.38 (ask) | 0leases | 1unit | Comps |
Camargue I 10 Dean Park Rd | $2,200(ask) | $2.93 (ask) | 0leases | 1unit | Comps |
Gates of Guildwood South 10 Guildwood Pkwy | $2,800(ask) | $2.95 (ask) | 0leases | 1unit | Comps |
First Home Markham Sheppard - Building C 20 Orchid Place Dr | $2,100(ask) | $3.23 (ask) | 0leases | 1unit | Comps |
Mayfair on the Green III 430 McLevin Ave | — | — | 0leases | 0units | Comps |
Regency Court 5800 Sheppard Ave E | — | — | 0leases | 0units | Comps |
3050 Ellesmere Rd
7439 Kingston Rd
7437 Kingston Rd
5131 Sheppard Ave E
8 Rosebank Dr
6 Rosebank Dr
20 Dean Park Rd
400 McLevin Ave
1 Falaise Rd
480 McLevin Ave
5155 Sheppard Ave E
1625-1635 Military Trail
410 McLevin Ave
90 Dale Ave
8 Silverbell Grve
20 Guildwood Pkwy
11753 Sheppard Ave E
10 Dean Park Rd
10 Guildwood Pkwy
20 Orchid Place Dr
430 McLevin Ave
5800 Sheppard Ave E
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Scarborough East.
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.
Scarborough East Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Scarborough East
As of late summer 2026, the Scarborough East submarket within the municipality of Scarborough exhibits a remarkably balanced rental market across its 22 tracked residential developments. Concentrated primarily within the M1B postal forwarding sector, the area recorded an average realized rent of $2,449 per month based on 24 closed leases over the trailing 30 days, alongside 29 active listings currently on the market. Realized lease pricing closely tracks the broader municipal benchmark of $2,430 per month, representing a minimal 0.78% premium ($19) that underscores strong price alignment with the wider city.
Market activity is led by multi-bedroom configurations, with 2-bedroom units capturing substantial transaction volume alongside steady movement in 1-bedroom plus den suites. The asking-to-realized spread across the submarket sits at a modest $24 per month, indicating that landlord asking expectations align closely with executed tenant contracts. Properties in the submarket spend an average of 28 days on the market—leasing 1 day slower than the broader Scarborough municipal benchmark of 27 days, offering a predictable and stable leasing environment for both prospective tenants and property owners.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Scarborough East is currently $2,449/month ($3.07/SF), with an average leasing velocity of 28 Days on Market. Compared to the overall Scarborough municipal benchmark ($2,430/month), Scarborough East trades at a 1% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Markham Place II ($2,075/mo) to Park Vista ($3,200/mo).
Month Over Month Trends
Short-term pricing experienced an upward adjustment over the past month, with average realized rents rising by $167 per month—representing a 7.32% month-over-month increase from the prior 30-day average of $2,282 per month. This shift was driven by a heavier concentration of closed transactions in larger layouts and higher-tier buildings during the current period, compared to the 38 closed leases recorded in the prior 30-day window.
Longer Term Trends & Rental Dispersion
Mid-term and baseline metrics indicate historical pricing stability across the Scarborough East submarket, backed by 169 total historical leases maintaining an all-time average lease price of $2,274 per month at $3.51 per square foot. Over the trailing 90-day window, 106 closed leases averaged $2,293 per month.
Market price dispersion is reflected across the overall rental range, which spans from a minimum of $1,450 to a maximum of $3,200 per month. The median rent sits at $2,225 per month, while the middle 50% of the market—bounded by the 25th percentile at $2,050 and the 75th percentile at $2,450 per month—exhibits an interquartile range (IQR) of $400. This structural spread illustrates a balanced division between entry-level compact suites and premium multi-bedroom accommodations.
Currently across Scarborough East's 22 tracked multi-family properties, there are 29 active rental listings with an average asking rent of $2,473/month ($3.23/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,449/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective tenants searching in Scarborough East can expect competitive conditions with a predictable pricing structure. The middle 50% of the market spans from $2,050 to $2,450 per month, with a median benchmark of $2,225 per month. Renters looking to upgrade from a 1-bedroom layout to a 2-bedroom suite can anticipate a rent step-up of $559 per month (a 28.71% increase), gaining an additional 340 square feet of living space. Stepping from a 1-bedroom to a 1-bedroom plus den adds $206 per month for an extra 118 square feet, while moving from a 2-bedroom to a 3-bedroom suite requires an additional $444 per month for 242 square feet of space. With properties averaging 28 days on the market, applicants should be prepared with standard documentation, as well-priced suites lease swiftly.
For Landlords
Landlords and condo investors operating in Scarborough East benefit from a healthy absorption rate of 45.3% and close alignment between asking targets and realized contracts. With an asking-to-realized spread of just $24 per month, owners who price their properties realistically against recent closed comps avoid extended vacancies. Properties that stray significantly outside the middle 50% band ($2,050 to $2,450 per month) risk lingering past the submarket average of 28 days on the market. Owners should monitor building-specific demand, noting that top-tier properties like Gates of Guildwood achieve premium realized averages.
For Realtors
Real estate professionals representing clients in Scarborough East will find a liquid submarket anchored by 22 tracked condominium developments across the M1B postal area. With 24 closed leases over the trailing 30 days and 29 active listings, inventory turnover remains steady. Agents should advise landlord clients to keep asking prices tightly aligned with the $2,473 per month average asking benchmark to capture tenants within the standard 28-day marketing window, while tenant agents can leverage the modest $24 per month asking-to-realized spread during lease negotiations.
Scarborough East Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Scarborough East, Scarborough
What is the average rent for a condominium or apartment in Scarborough East, Scarborough?
Scarborough East's average realized lease price is $2,449 per month ($3.07/sqft), based on 24 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market ranges between $2,050 (25th percentile) and $2,450 (75th percentile) per month, with a median rent of $2,225 per month. This performance aligns closely with the broader Scarborough municipal average of $2,430 per month.
How much is a 1-bedroom apartment in Scarborough East?
The average rent for a 1-bedroom apartment in Scarborough East, Scarborough is $1,947 per month ($4.10/sqft), while 1-bedroom plus den suites average $2,153 per month ($3.60/sqft), based on 180-day trailing data. Most standard 1-bedroom units lease between $1,850 (25th percentile) and $2,075 (75th percentile) per month, with an average size of 493 square feet.
How much is a 2-bedroom apartment in Scarborough East?
The average rent for a 2-bedroom apartment in Scarborough East, Scarborough is $2,506 per month ($3.12/sqft), while 2-bedroom plus den suites average $2,577 per month ($3.22/sqft), based on 180-day trailing data. Most standard 2-bedroom units lease between $2,375 (25th percentile) and $2,600 (75th percentile) per month, representing a rent step-up of $559 per month and an additional 340 square feet compared to standard 1-bedroom configurations.
How much is a 3-bedroom apartment in Scarborough East?
The average rent for a 3-bedroom apartment in Scarborough East, Scarborough is $2,950 per month ($2.78/sqft), based on trailing 180-day data comprising 10 closed leases. Three-bedroom suites represent an exclusive inventory segment with an average size of 1,075 square feet, where most units lease between $2,788 and $3,100 per month.
What are the most affordable and premium condo and apartment buildings in Scarborough East?
Within Scarborough East, Gates of Guildwood commands the highest average lease rate at approximately $3,175 per month, while SweetLife Condos offers the most accessible entry point among tracked buildings at around $2,013 per month.
How does rent in Scarborough East compare to the overall Scarborough average?
Scarborough East rents average $2,449 per month, which is higher than the overall Scarborough municipal average of $2,430 per month (a spread of $19 or 0.78%). Properties in Scarborough East spend an average of 28 days on the market—leasing 1 day slower than the broader Scarborough municipal benchmark of 27 days.
What are the postal code FSAs for Scarborough East?
Condo and apartment rentals in Scarborough East primarily fall within postal forward sortation areas (FSAs) such as M1B.
How fast do rental units lease in Scarborough East (Days on Market)?
Rental listings in Scarborough East spend an average of 28 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 1 day slower than the broader Scarborough municipal benchmark of 27 days.
How should landlords price their rental listings in Scarborough East to avoid vacancy loss?
With active listings averaging $2,473 per month against closed leases at $2,449 per month—an asking-to-realized spread of $24 per month—landlords in Scarborough East should price their units in line with recent closed lease benchmarks rather than aspirational targets to avoid extending vacancy past the 28-day submarket average.
How much more will a unit with a parking spot in Scarborough East rent for versus a unit without one?
Reserved parking in Scarborough East adds an estimated $67 to $285 per month across 1-bedroom and 2-bedroom lease transactions, respectively, based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Scarborough East rents?
Tenants in modern Ontario condos should budget separately for hydro and heat pump consumption. Bulk water service and structural maintenance are bundled into the building corporation's operating expenses and paid by the landlord.
Explore Other Scarborough Submarkets
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