Scarborough City Centre Apartments for Rent & Condo Comps

Scarborough City Centre's average realized lease price is $2,352 per month ($3.33/sqft), based on 53 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the submarket trades within an interquartile range of $2,200 (25th percentile) to $2,700 (75th percentile) per month, with a submarket median of $2,300. When compared to the broader Scarborough municipal benchmark of $2,389, local rents trade at a minor discount of 1.55%.

The average rent for a 1-bedroom apartment in Scarborough City Centre, Scarborough is $2,080 per month ($3.79/sqft) based on 180-day baseline data, while 1-bedroom plus den suites average $2,246 per month ($3.47/sqft). Most standard 1-bedroom units lease between $2,000 (25th percentile) and $2,200 (75th percentile) per month, with a median of $2,100 across an average footprint of 562 square feet.

The average rent for a 2-bedroom apartment in Scarborough City Centre, Scarborough is $2,620 per month ($3.12/sqft) based on 180-day data, while 2-bedroom plus den suites average $2,788 per month ($3.13/sqft). Standard 2-bedroom units typically lease between $2,500 (25th percentile) and $2,750 (75th percentile) per month with a median of $2,600, representing a $540 monthly price step-up and a 290 square-foot expansion over standard 1-bedroom configurations.

The average rent for a 3-bedroom apartment in Scarborough City Centre, Scarborough is $3,090 per month ($3.10/sqft), based on 180-day data covering 22 historical leases. Three-bedroom suites represent a scarce inventory segment in the submarket, offering an average of 1,012 square feet with realized monthly leases spanning from $2,775 to $3,540.

Within Scarborough City Centre, Omni at the City Centre commands the highest average lease rate at approximately $2,875 per month across tracked project data, while entry-level private transactions across tracked submarket inventory start around $1,595 per month.

Scarborough City Centre rents average $2,352 per month, which is lower than the overall Scarborough municipal average of $2,389 per month (a spread of -$37 or -1.55%). Properties in Scarborough City Centre spend an average of 26 days on the market—leasing 2 days slower than the broader Scarborough municipal benchmark of 24 days.

Condo and apartment rentals in Scarborough City Centre primarily fall within postal forward sortation areas (FSAs) such as M1G.

Rental listings in Scarborough City Centre spend an average of 26 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 2 days slower than the broader Scarborough municipal benchmark of 24 days.

With active listings averaging $2,463 against closed leases at $2,352—an asking-to-realized spread of $111 per month—landlords in Scarborough City Centre are advised to align asking prices closely with recent closed lease benchmarks rather than aspirational targets to avoid extending vacancy periods beyond the 26-day submarket average.

Reserved parking in Scarborough City Centre adds an estimated $94 to $148 per month across 1-bedroom plus den and standard 1-bedroom layouts, respectively, based on verified unbundled lease comps.

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.