Scarborough North Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 52 tracked properties across Scarborough North, Scarborough.
Scarborough North Rental Market Overview
Rental market activity in Scarborough North—anchored by postal forwarding sector M1S across 52 tracked condominium developments—demonstrates a balanced equilibrium through the end of August 2026. Public records show an average realized rent of $2,441 per month based on 69 closed leases executed over the trailing 30 days, operating alongside 74 active listings currently on the market. Landlords across the submarket are maintaining firm asking targets, with active properties averaging $2,543 per month, resulting in a modest asking-to-realized spread of $102 per month.
Compared to the wider municipal benchmarks for Scarborough, rental rates in Scarborough North closely mirror the broader city average of $2,430 per month, reflecting a negligible variance of just $11 or 0.45%. Transaction volume across the submarket is led primarily by multi-room condominium configurations, with 1-bedroom plus den and standard 2-bedroom layouts accounting for the largest share of signed lease agreements.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Scarborough North
Closed Leases
Transactions that closed in August 2026 across Scarborough North
Scarborough North Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Scarborough North Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Scarborough North, Scarborough.
| Action | |||||
|---|---|---|---|---|---|
K Square 2031 & 2033 Kennedy Rd | $2,500/mo | $3.82/SF | 16leases | 8units | Comps |
Love Condominiums 185 Bonis Ave | $2,322/mo | $3.31/SF | 9leases | 2units | Comps |
Avani 2 at Metrogate 275 Village Green Sq | $2,388/mo | $3.58/SF | 6leases | 5units | Comps |
Avani at Metrogate 255 Village Green Sq | $2,192/mo | $4.05/SF | 6leases | 4units | Comps |
Solaris II at Metrogate 135 Village Green Sq | $2,220/mo | $3.43/SF | 5leases | 3units | Comps |
Selene at Metrogate 225 Village Green Sq | $2,469/mo | $3.21/SF | 5leases | 3units | Comps |
Solaris I at Metrogate 125 Village Green Sq | $2,231/mo | $3.43/SF | 4leases | 3units | Comps |
Ventus II at Metrogate 181 Village Green Sq | $2,283/mo | $3.34/SF | 3leases | 4units | Comps |
Bridlewood Place 2 75 Bamburgh Circ | $2,600/mo | $2.36/SF | 3leases | 1unit | Comps |
Wish Condos 3121 Sheppard Ave E | $2,525/mo | $3.72/SF | 2leases | 6units | Comps |
Monterey 175 Bamburgh Circ | $2,700/mo | $2.41/SF | 2leases | 3units | Comps |
Joy Condos 195 Bonis Ave | $2,475/mo | $3.81/SF | 2leases | 2units | Comps |
Woodside Pointe II 5235 Finch Ave E | $2,450/mo | $2.74/SF | 2leases | 2units | Comps |
The Windsor at Chartwell II 2627 McCowan Rd | $2,125/mo | $3.04/SF | 2leases | 1unit | Comps |
Boulevard 8 Beverly Glen Boulevard | $2,250/mo | $3.49/SF | 2leases | 0units | Comps |
The Ambassadors III 350 Alton Towers Circ | $2,725/mo | $2.29/SF | 2leases | 0units | Comps |
Legends at Tam O'Shanter 238 Bonis Ave | $2,863/mo | $2.20/SF | 2leases | 0units | Comps |
Camargue 2365 Kennedy Rd | $2,750/mo | $2.69/SF | 2leases | 0units | Comps |
Woodside Pointe I 5225 Finch Ave E | $2,350/mo | $3.04/SF | 2leases | 0units | Comps |
Ventus I at Metrogate 151 Village Green Sq | $2,500/mo | $2.94/SF | 1lease | 4units | Comps |
East 3220 3220 Sheppard Ave E | $2,400/mo | $3.69/SF | 1lease | 4units | Comps |
Riviera Club I 4727 Sheppard Ave E | $2,600/mo | $2.00/SF | 1lease | 3units | Comps |
Riviera Club II 4725 Sheppard Ave E | $2,800/mo | $4.75/SF | 1lease | 2units | Comps |
The Gatsby 88 Alton Towers Circ | $2,175/mo | $2.90/SF | 1lease | 2units | Comps |
The Ambassadors II 330 Alton Towers Circ | $3,000/mo | $2.00/SF | 1lease | 2units | Comps |
Greens at Tam O'Shanter I 168 Bonis Ave | $2,950/mo | $2.27/SF | 1lease | 1unit | Comps |
Bridlewood Place 3 25 Bamburgh Circ | $2,250/mo | $3.00/SF | 1lease | 1unit | Comps |
The Windsor at Chartwell I 5039 Finch Ave E | $2,100/mo | $3.41/SF | 1lease | 1unit | Comps |
Skypark 255 Bamburgh Circ | $2,950/mo | $1.97/SF | 1lease | 1unit | Comps |
Chartwell Place I 5001 Finch Ave E | $2,550/mo | $3.00/SF | 1lease | 1unit | Comps |
Greens at Tam O'Shanter II 138 Bonis Ave | $3,100/mo | $2.07/SF | 1lease | 0units | Comps |
The Manor at Bamburgh Gate 1883 McNicoll Ave | $2,400/mo | $2.18/SF | 1lease | 0units | Comps |
Bridlewood Place 1 55 Bamburgh Circ | $3,100/mo | $2.07/SF | 1lease | 0units | Comps |
The Ambassadors I 300 Alton Towers Circ | $2,550/mo | $2.68/SF | 1lease | 0units | Comps |
Wedgewood Grove 30 Thunder Grve | $2,550/mo | $2.68/SF | 1lease | 0units | Comps |
Optima on the Park I 150 Alton Towers Circ | $2,050/mo | $2.73/SF | 1lease | 0units | Comps |
Vista of Skypark 275 Bamburgh Circ | $2,700/mo | $2.45/SF | 1lease | 0units | Comps |
Bridletowne 1 3131 Bridletowne Circ | $2,650/mo | $2.04/SF | 1lease | 0units | Comps |
Bridletowne 2 3151 Bridletowne Circ | $3,250/mo | $2.31/SF | 1lease | 0units | Comps |
Tam O'Shanter Highlands II 228 Bonis Ave | $3,200/mo | $2.13/SF | 1lease | 0units | Comps |
99 Brimwood Boulevard 99 Brimwood Boulevard | $3,000/mo | $1.76/SF | 1lease | 0units | Comps |
The Trillium 225 Bamburgh Circ | $2,850(ask) | $2.59 (ask) | 0leases | 2units | Comps |
Royal Crest C 65 Huntingdale Blvd | $3,500(ask) | $7.78 (ask) | 0leases | 1unit | Comps |
Kimbercroft Terrace 39 Kimbercroft Crt | $2,200(ask) | $2.93 (ask) | 0leases | 1unit | Comps |
Villa Elegance at Bamburgh 3088 Kennedy Rd | $2,480(ask) | $2.92 (ask) | 0leases | 1unit | Comps |
The Garden Series on Sheppard 3445 Sheppard Ave E | — | — | 0leases | 0units | Comps |
Skygarden II 2330 Bridletowne Circ | — | — | 0leases | 0units | Comps |
Skygarden I 2350 Bridletowne Circ | — | — | 0leases | 0units | Comps |
Optima on the Park II 160 Alton Towers Circ | — | — | 0leases | 0units | Comps |
Royal Crest A 45 Huntingdale Blvd | — | — | 0leases | 0units | Comps |
Chartwell Place II 2628 McCowan Rd | — | — | 0leases | 0units | Comps |
Royal Crest B 55 Huntingdale Blvd | — | — | 0leases | 0units | Comps |
2031 & 2033 Kennedy Rd
185 Bonis Ave
275 Village Green Sq
255 Village Green Sq
135 Village Green Sq
225 Village Green Sq
125 Village Green Sq
181 Village Green Sq
75 Bamburgh Circ
3121 Sheppard Ave E
175 Bamburgh Circ
195 Bonis Ave
5235 Finch Ave E
2627 McCowan Rd
8 Beverly Glen Boulevard
350 Alton Towers Circ
238 Bonis Ave
2365 Kennedy Rd
5225 Finch Ave E
151 Village Green Sq
3220 Sheppard Ave E
4727 Sheppard Ave E
4725 Sheppard Ave E
88 Alton Towers Circ
330 Alton Towers Circ
168 Bonis Ave
25 Bamburgh Circ
5039 Finch Ave E
255 Bamburgh Circ
5001 Finch Ave E
138 Bonis Ave
1883 McNicoll Ave
55 Bamburgh Circ
300 Alton Towers Circ
30 Thunder Grve
150 Alton Towers Circ
275 Bamburgh Circ
3131 Bridletowne Circ
3151 Bridletowne Circ
228 Bonis Ave
99 Brimwood Boulevard
225 Bamburgh Circ
65 Huntingdale Blvd
39 Kimbercroft Crt
3088 Kennedy Rd
3445 Sheppard Ave E
2330 Bridletowne Circ
2350 Bridletowne Circ
160 Alton Towers Circ
45 Huntingdale Blvd
2628 McCowan Rd
55 Huntingdale Blvd
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Scarborough North.
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 North Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Scarborough North
Rental market activity in Scarborough North—anchored by postal forwarding sector M1S across 52 tracked condominium developments—demonstrates a balanced equilibrium through the end of August 2026. Public records show an average realized rent of $2,441 per month based on 69 closed leases executed over the trailing 30 days, operating alongside 74 active listings currently on the market. Landlords across the submarket are maintaining firm asking targets, with active properties averaging $2,543 per month, resulting in a modest asking-to-realized spread of $102 per month.
Compared to the wider municipal benchmarks for Scarborough, rental rates in Scarborough North closely mirror the broader city average of $2,430 per month, reflecting a negligible variance of just $11 or 0.45%. Transaction volume across the submarket is led primarily by multi-room condominium configurations, with 1-bedroom plus den and standard 2-bedroom layouts accounting for the largest share of signed lease agreements.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Scarborough North is currently $2,441/month ($3.38/SF), with an average leasing velocity of 28 Days on Market. Compared to the overall Scarborough municipal benchmark ($2,430/month), Scarborough North trades at a 0% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Optima on the Park I ($2,050/mo) to Bridletowne 2 ($3,250/mo).
Month Over Month Trends
Short-term pricing movement in Scarborough North reflects modest month-over-month upward pressure. Average realized rents increased by $22 per month, representing a 0.91% adjustment from the prior 30-day period when average closed lease prices stood at $2,419 across 94 transactions.
This marginal dollar adjustment is underpinned by shifts in closed lease composition rather than sudden structural jumps. Specifically, transaction volume in the preceding 30-day window featured a higher proportion of smaller, entry-level 1-bedroom leases, whereas the current 30-day period recorded a greater concentration of multi-room and den layouts.
Longer Term Trends & Rental Dispersion
Long-term rental performance across Scarborough North exhibits robust pricing stability, with historical baseline averages holding at $2,421 per month and $3.34 per square foot across 315 total historical leases. Overall rent dispersion across the submarket spans from a minimum entry point of $1,400 to a maximum of $3,400 per month, with a median rent of $2,400 per month.
The middle 50% of the market—defined by the interquartile range—ranges between a 25th percentile rent of $2,150 and a 75th percentile rent of $2,650 per month, reflecting a total IQR spread of $500. This distribution illustrates a predictable pricing band where standard multi-room condominium units consistently clear.
Currently across Scarborough North's 52 tracked multi-family properties, there are 74 active rental listings with an average asking rent of $2,543/month ($3.37/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,441/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective tenants searching in Scarborough North should target a monthly budget between $2,150 and $2,650 to secure a suite within the submarket's middle 50% pricing band. Renters looking to step up from a 1-bedroom plus den to a standard 2-bedroom suite will encounter a rent step-up of $521 per month (a 25.55% increase), which yields an additional 319 square feet of living space. Advancing from a standard 2-bedroom configuration to a 2-bedroom plus den adds $173 per month for an extra 111 square feet, while moving up to a 3-bedroom layout increases housing costs by $430 per month across an average of 212 additional square feet. Properties in the submarket lease within an average of 28 days, indicating that well-priced suites secure tenants quickly. Renters should verify parking inclusions prior to application, as unbundled lease comps show that reserved parking spaces command measurable monthly premiums depending on the unit size.
For Landlords
Landlords and condo investors operating in Scarborough North should anchor their leasing strategies to recent realized transaction benchmarks rather than aspirational asking rates. With active listings averaging $2,543 against closed leases at $2,441—representing an asking-to-realized spread of $102 per month—overpriced units risk sitting on the market longer than the submarket average of 28 days. To capture qualified tenants within the submarket's 48.3% absorption rate window, owners should align list prices closely with the middle 50% benchmark range ($2,150 to $2,650 per month). Properties priced outside this median band face extended vacancy timelines, particularly given that current inventory includes active options across standard 1-bedroom and multi-room floor plans.
For Realtors
Real estate professionals representing clients in Scarborough North must navigate a balanced leasing environment defined by steady inventory absorption and predictable pricing bands across the M1S postal sector. With 74 active listings and 69 closed leases over the trailing 30 days, market liquidity remains stable across the submarket's 52 tracked condominium buildings. Agents should advise clients to monitor the $102 spread between active asking rents ($2,543) and realized lease prices ($2,441). Managing client expectations around list-to-lease margins, unbundled parking premiums, and a 28-day average Days on Market benchmark is essential for executing successful lease transactions across standard 1-bedroom and 2-bedroom configurations.
Scarborough North Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Scarborough North, Scarborough
What is the average rent for a condominium or apartment in Scarborough North, Scarborough?
Scarborough North's average realized lease price is $2,441 per month ($3.38 per square foot), based on 69 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from $2,150 to $2,650 per month, matching the broader Scarborough municipal average of $2,430 per month within a negligible 0.45% variance.
How much is a 1-bedroom apartment in Scarborough North?
The average rent for a 1-bedroom apartment in Scarborough North, Scarborough is $2,059 per month ($3.98 per square foot) based on 30-day tracking, while 1-bedroom plus den suites average $2,296 per month ($3.36 per square foot). Most 1-bedroom units lease between $2,000 (25th percentile) and $2,100 (75th percentile) per month across an average size of 539 square feet.
How much is a 2-bedroom apartment in Scarborough North?
The average rent for a 2-bedroom apartment in Scarborough North, Scarborough is $2,591 per month ($3.38 per square foot) based on 30-day tracking, while 2-bedroom plus den suites average $2,763 per month ($2.90 per square foot). Most 2-bedroom units lease between $2,500 and $2,650 per month, representing a rent step-up of $521 per month and an additional 319 square feet compared to standard 1-bedroom layouts.
How much is a 3-bedroom apartment in Scarborough North?
The average rent for a 3-bedroom apartment in Scarborough North, Scarborough is $2,995 per month ($2.67 per square foot), based on 30-day tracking data. Three-bedroom suites represent a scarce inventory segment with limited closed lease volume, averaging 1,070 square feet across tracked transactions.
What are the most affordable and premium condo and apartment buildings in Scarborough North?
Within Scarborough North, Bridletowne 2 commands the highest average lease rate at approximately $3,250 per month, while Ventus II at Metrogate offers the most accessible entry point at around $2,200 per month across tracked private condo stock.
How does rent in Scarborough North compare to the overall Scarborough average?
Scarborough North rents average $2,441 per month, which is higher than the overall Scarborough municipal average of $2,430 per month (a spread of $11 or 0.45%). Properties in Scarborough North 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 North?
Condo and apartment rentals in Scarborough North primarily fall within postal forward sortation areas (FSAs) such as M1S.
How fast do rental units lease in Scarborough North (Days on Market)?
Rental listings in Scarborough North 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 North to avoid vacancy loss?
With active listings averaging $2,543 against closed leases at $2,441—an asking-to-realized spread of $102 per month—landlords should align pricing with recent realized lease benchmarks rather than aspirational asking rates to prevent vacancy extending past the submarket average of 28 days.
How much more will a unit with a parking spot in Scarborough North rent for versus a unit without one?
Reserved parking in Scarborough North adds an estimated $52 to $189 per month across 1-bedroom plus den and 2-bedroom layouts based on verified unbundled lease comps.
Are parking spaces, lockers, and utilities included in Scarborough North rents?
Standard lease agreements in Ontario require renters to set up separate accounts for suite hydro and heating/cooling power. Water service and common amenity upkeep are almost universally included in the owner's monthly maintenance fees.
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