Scarborough South Apartments for Rent & Condo Comps
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 29 tracked properties across Scarborough South, Scarborough.
Scarborough South Rental Market Overview
As of late summer 2026, the rental market in Scarborough South—anchored by postal forwarding sector M1G across 17 tracked residential buildings—operates as a high-speed hotspot characterized by rapid turnover and robust leasing demand. Through the trailing 30-day period ending August 31, 2026, Scarborough South recorded 56 closed leases with an effective average realized rent of $2,442 per month at $4.50 per square foot, operating alongside 35 active listings currently on the market. Landlord asking targets across available inventory average $2,617 per month, reflecting an asking-to-realized spread of $175 per month where well-priced stock clears quickly. Rental rates in the Scarborough South submarket closely align with broader municipal averages in Scarborough, sitting just $12 (0.49%) higher than the overall municipal benchmark of $2,430 per month. Transaction volume over the last 30 days was heavily driven by studio and 2-bedroom configurations, reflecting steady absorption across the submarket's 17 tracked developments.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Scarborough South
Closed Leases
Transactions that closed in September 2026 across Scarborough South
Scarborough South Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Scarborough South Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Scarborough South, Scarborough.
| Action | |||||
|---|---|---|---|---|---|
Upper Beach Club 1400 Kingston Rd | $2,306/mo | $4.82/SF | 8leases | 15units | Comps |
The Bluffs 2799 Kingston Rd | $2,250/mo | $3.25/SF | 7leases | 6units | Comps |
Merge 90 Glen Everest Rd | $1,883/mo | $3.82/SF | 6leases | 4units | Comps |
Village at Guildwood 3650 Kingston Rd | $2,350/mo | $2.54/SF | 2leases | 2units | Comps |
Cliffside Apartments 2382 Kingston Road | $2,668/mo | $3.44/SF | 2leases | 2units | Comps |
180 Markham Condos 180 Markham Road | $2,750/mo | $1.97/SF | 2leases | 0units | Comps |
Royal Palace Apartments 35 Confederation Drive | $2,275/mo | $2.39/SF | 1lease | 4units | Comps |
Guildwood Terrace 3231 - 3233 Eglinton Ave E | $2,350/mo | $3.13/SF | 1lease | 1unit | Comps |
Haven On The Bluffs 22 East Haven Dr | $2,150/mo | $3.91/SF | 1lease | 1unit | Comps |
The Manderley 2 Manderley Drive | $2,050/mo | $3.15/SF | 1lease | 1unit | Comps |
Kingston & Co. 1100 Kingston Rd | $2,200/mo | $4.00/SF | 1lease | 1unit | Comps |
Terrace on Danforth 3520 Danforth Ave | $2,625/mo | $3.09/SF | 1lease | 1unit | Comps |
The Residences at the Hunt Club 1350 Kingston Rd | $2,500/mo | $3.33/SF | 1lease | 1unit | Comps |
Clonmore Urban Towns 174 Clonmore Drive | $1,850/mo | $3.36/SF | 1lease | 0units | Comps |
The Towns on Danforth 41 Danforth Road | $2,449/mo | $3.27/SF | 1lease | 0units | Comps |
Courcelette 1161 Kingston Road | $4,150/mo | $3.19/SF | 1lease | 0units | Comps |
Pine Ridge Towers 3420 Eglinton Avenue E | $2,975(ask) | $2.13 (ask) | 0leases | 2units | Comps |
Guildwood Condominiums 3655 Kingston Rd | $2,450(ask) | $3.77 (ask) | 0leases | 1unit | Comps |
The Bluffs 3734 - 3736 St Clair Ave E | $2,700(ask) | $2.84 (ask) | 0leases | 1unit | Comps |
Henley Gardens 1091 - 1093 Kingston Rd | — | — | 0leases | 0units | Comps |
Kingston Heights 3311 Kingston Road | — | — | 0leases | 0units | Comps |
Clonmore Urban Towns 168 Clonmore Drive | — | — | 0leases | 0units | Comps |
Clonmore Urban Towns 172 Clonmore Drive | — | — | 0leases | 0units | Comps |
3101 Eglinton Avenue East 3101 Eglinton Avenue E | — | — | 0leases | 0units | Comps |
Falling Brook 160 Fallingbrook Rd | — | — | 0leases | 0units | Comps |
Terrasse at the Hunt Club 1316 Kingston Rd | — | — | 0leases | 0units | Comps |
Hunt Club Terrace 1340 Kingston Road / 2A Queensbury Avenue | — | — | 0leases | 0units | Comps |
2224a Kingston Road 2224a Kingston Road | — | — | 0leases | 0units | Comps |
3111 Eglinton Avenue E 3111 Eglinton Avenue E | — | — | 0leases | 0units | Comps |
1400 Kingston Rd
2799 Kingston Rd
90 Glen Everest Rd
3650 Kingston Rd
2382 Kingston Road
180 Markham Road
35 Confederation Drive
3231 - 3233 Eglinton Ave E
22 East Haven Dr
2 Manderley Drive
1100 Kingston Rd
3520 Danforth Ave
1350 Kingston Rd
174 Clonmore Drive
41 Danforth Road
1161 Kingston Road
3420 Eglinton Avenue E
3655 Kingston Rd
3734 - 3736 St Clair Ave E
1091 - 1093 Kingston Rd
3311 Kingston Road
168 Clonmore Drive
172 Clonmore Drive
3101 Eglinton Avenue E
160 Fallingbrook Rd
1316 Kingston Rd
1340 Kingston Road / 2A Queensbury Avenue
2224a Kingston Road
3111 Eglinton Avenue E
Derived from verified closed lease contracts finalized during September 2026 across multi-residential buildings in Scarborough South.
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 South Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Scarborough South
As of late summer 2026, the rental market in Scarborough South—anchored by postal forwarding sector M1G across 17 tracked residential buildings—operates as a high-speed hotspot characterized by rapid turnover and robust leasing demand. Through the trailing 30-day period ending August 31, 2026, Scarborough South recorded 56 closed leases with an effective average realized rent of $2,442 per month at $4.50 per square foot, operating alongside 35 active listings currently on the market. Landlord asking targets across available inventory average $2,617 per month, reflecting an asking-to-realized spread of $175 per month where well-priced stock clears quickly. Rental rates in the Scarborough South submarket closely align with broader municipal averages in Scarborough, sitting just $12 (0.49%) higher than the overall municipal benchmark of $2,430 per month. Transaction volume over the last 30 days was heavily driven by studio and 2-bedroom configurations, reflecting steady absorption across the submarket's 17 tracked developments.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Scarborough South is currently $2,315/month ($4.39/SF), with an average leasing velocity of 21 Days on Market. Compared to the overall Scarborough municipal benchmark ($2,389/month), Scarborough South trades at a 3% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Clonmore Urban Towns ($1,850/mo) to Courcelette ($4,150/mo).
Month Over Month Trends
Short-term rent adjustments in Scarborough South reflect stable month-over-month pricing consensus. Average realized lease prices increased by $17 per month, representing a modest 0.70% upward shift compared to the prior 30-day window where 40 closed leases averaged $2,425 per month. This slight upward movement is driven by a higher concentration of studio and 2-bedroom closed transactions in the latest 30-day tracking period, where 23 studio leases averaging $1,925 and 20 2-bedroom leases averaging $3,024 anchored market activity without significant downward pricing pressure from oversupplied inventory.
Longer Term Trends & Rental Dispersion
Long-term rental performance across Scarborough South demonstrates structural price stability. Over the trailing 90-day and 180-day windows, average realized rents held steady at $2,420 and $2,410 per month, respectively, matching the historical baseline average of $2,410 per month across 120 historical transactions. Overall rent dispersion across the submarket spans from a minimum realized lease of $1,650 to a maximum of $3,950 per month, with a median rent of $2,288 per month. The middle 50% of the market—defined by the interquartile range between the 25th percentile ($1,950) and the 75th percentile ($2,980)—highlights a $1,030 spread that cleanly separates entry-level bachelor and 1-bedroom apartments from premium executive 2-bedroom and multi-bedroom suites.
Currently across Scarborough South's 29 tracked multi-family properties, there are 43 active rental listings with an average asking rent of $2,591/month ($3.87/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,315/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective tenants searching in Scarborough South should anticipate a competitive leasing environment where well-priced properties rent in under three weeks. Renters targeting the middle 50% of the market should budget between $1,950 and $2,980 per month. Stepping up from a standard 1-bedroom suite (averaging $2,097 over 180 days) to a 2-bedroom unit (averaging $2,859) requires an average monthly dollar increase of $762 (a 36.34% premium) in exchange for an additional 243 square feet of living space. Meanwhile, upgrading from a 1-bedroom to a 1-bedroom plus den adds $207 per month for an extra 138 square feet. Because properties spend an average of just 18 days on the market, applicants should prepare documentation and deposits in advance. A distinct parking premium cannot be isolated from current data because most tracked listings either bundle parking into the lease or sample variations in unit size obscure the standalone rate.
For Landlords
Property owners and condo investors operating in Scarborough South benefit from rapid tenant absorption and low vacancy, though pricing discipline remains critical. With active listings averaging $2,617 against closed leases at $2,442—representing an asking-to-realized spread of $175 per month—landlords should align asking rates closely with recent closed lease benchmarks rather than aspirational targets to avoid extending days on market past the 18-day submarket average. Overpricing outside the middle 50% band risks encountering tenant resistance, particularly as active supply absorbs at a 61.5% rate. Investors should note that parking premiums vary by building and unit size, with unbundled comps showing mixed fee integration across standard layouts.
For Realtors
Real estate professionals representing clients in Scarborough South are operating in a high-liquidity submarket supported by 17 tracked residential developments across postal FSA M1G. With 56 closed leases over the trailing 30 days and an average days-on-market figure of 18 days—outpacing the broader Scarborough municipal average by 9 days—agents must advise buyer and tenant clients to act decisively. Managing list-to-lease spreads requires monitoring the $175 gap between active asking averages ($2,617) and realized lease averages ($2,442). For 1-bedroom and 2-bedroom transactions, agents should leverage verified interquartile pricing benchmarks to anchor negotiations and secure executed agreements swiftly.
Scarborough South Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Scarborough South, Scarborough
What is the average rent for a condominium or apartment in Scarborough South, Scarborough?
Scarborough South's average realized lease price is $2,442 per month ($4.50 per square foot), based on 56 recorded transactions over the trailing 30 days ending August 31, 2026. The middle 50% of the market spans from $1,950 (25th percentile) to $2,980 (75th percentile) per month, with an overall median rent of $2,288. This performance sits just $12 (0.49%) above the broader Scarborough municipal average of $2,430 per month.
How much is a 1-bedroom apartment in Scarborough South?
The average rent for a 1-bedroom apartment in Scarborough South, Scarborough is $2,097 per month ($4.32 per square foot), while 1-bedroom plus den suites average $2,304 per month ($3.67 per square foot), based on 180-day historical tracking data through August 2026. Most standard 1-bedroom units lease between $1,879 (25th percentile) and $2,272 (75th percentile) per month, offering an average living space of 498 square feet.
How much is a 2-bedroom apartment in Scarborough South?
The average rent for a 2-bedroom apartment in Scarborough South, Scarborough is $2,859 per month ($3.96 per square foot), while 2-bedroom plus den suites average $3,050 per month ($3.49 per square foot), based on 180-day historical tracking data through August 2026. Most 2-bedroom units lease between $2,450 (25th percentile) and $3,200 (75th percentile) per month with an average size of 741 square feet, representing an average monthly rent step-up of $762 over standard 1-bedroom layouts.
How much is a 3-bedroom apartment in Scarborough South?
The average rent for a 3-bedroom apartment in Scarborough South, Scarborough is $3,000 per month ($2.73 per square foot), based on 180-day historical tracking data through August 2026. Three-bedroom and larger suites represent a highly scarce inventory segment with zero closed transactions recorded in the latest 30-day tracking window, offering an average living space of 1,100 square feet.
What are the most affordable and premium condo and apartment buildings in Scarborough South?
Within Scarborough South, Hunt Club Terrace commands the highest average lease rate at approximately $3,250 per month, while entry-level private transactions across tracked submarket inventory start at $1,875 per month at Kingston & Co.
How does rent in Scarborough South compare to the overall Scarborough average?
Scarborough South rents average $2,442 per month, which is higher than the overall Scarborough municipal average of $2,430 per month (a spread of $12 or 0.49%). Properties in Scarborough South spend an average of 18 days on the market—leasing 9 days faster than the broader Scarborough municipal benchmark of 27 days.
What are the postal code FSAs for Scarborough South?
Condo and apartment rentals in Scarborough South primarily fall within postal forward sortation areas (FSAs) such as M1G.
How fast do rental units lease in Scarborough South (Days on Market)?
Rental listings in Scarborough South spend an average of 18 days on the market before leasing, based on 30-day tracking through August 31, 2026—leasing 9 days faster than the broader Scarborough municipal benchmark of 27 days.
How should landlords price their rental listings in Scarborough South to avoid vacancy loss?
With active listings averaging $2,617 against closed leases at $2,442—an asking-to-realized spread of $175 per month—landlords in Scarborough South should align pricing with recent closed lease benchmarks rather than aspirational asking rents to prevent vacancy extending past the 18-day submarket average.
How much more will a unit with a parking spot in Scarborough South rent for versus a unit without one?
A distinct parking premium cannot be isolated from current data because most tracked listings either bundle parking into the lease or sample variations in unit size obscure the standalone rate.
Are parking spaces, lockers, and utilities included in Scarborough South 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.
Explore Other Scarborough Submarkets
Compare neighbourhood comps and rental rates for leased units across Scarborough against Scarborough South