What is the average rent for a condominium or apartment in Scarborough North, Scarborough?

Based on lease transactions tracked by FastScreen in August 2026 across 51 tracked condominium and apartment buildings in Scarborough North, realized rents by unit layout average: • Studio / Bachelor: $1,663/month ($3.62/SF · 460 SF) · +$4 (+0.2%) vs Scarborough avg • 1-Bedroom: $2,063/month ($3.91/SF · 541 SF) · +$62 (+3.1%) vs Scarborough avg • 1-Bedroom + Den: $2,296/month ($3.35/SF · 712 SF) · +$124 (+5.7%) vs Scarborough avg • 2-Bedroom: $2,583/month ($3.37/SF · 789 SF) · -$101 (-3.8%) vs Scarborough avg • 2-Bedroom + Den: $2,763/month ($2.90/SF · 1005 SF) · -$165 (-5.6%) vs Scarborough avg • 3-Bedroom+: $2,995/month ($2.67/SF · 1159 SF) · -$665 (-18.2%) vs Scarborough avg Overall market leasing across all unit layouts averaged $2,446/month ($3.35/SF), with an average of 28 Days on Market. Active rental listings currently average $2,514/month ($3.45/SF) for an average unit size of 782 SF.

What are the most affordable and premium condo and apartment buildings in Scarborough North?

In Scarborough North, Bridletowne 2 represents a top-tier premium building with an average lease rate of $3,250/month ($2.31/SF). Conversely, Optima on the Park I offers more accessible pricing, averaging $2,050/month ($2.73/SF). Pricing varies based on building vintage, interior finishes, suite square footage, and amenity offerings.

What are the postal code FSAs for Scarborough North?

FastScreen tracks verified condominium and apartment listings and closed lease transactions across Scarborough North's primary postal code Forward Sortation Areas (FSAs): M1S, M1T, M1V, M1W. These postal districts encompass 51 tracked multi-family properties throughout Scarborough.

How fast do rental units lease in Scarborough North (Days on Market)?

The average Days on Market (DOM) for realized leases in Scarborough North is 28 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 Scarborough North to avoid vacancy loss?

Landlords in Scarborough North should benchmark initial asking rents against verified 30-day closed lease comps rather than peak active listings. At an average rent of $2,446/month, each day of vacancy costs $82 in lost gross revenue. Overpricing a suite by $100/month and sitting vacant for 30 additional days costs $2,446, which takes 24 months of collecting that higher rent just to break even.

What key features should landlords and realtors highlight when marketing a Scarborough North rental property?

When marketing a condominium or apartment rental in Scarborough North, realtors and landlords should emphasize: (1) Immediate walking proximity to rapid transit (subway, GO stations, LRT, or express bus hubs); (2) Dedicated underground parking stalls and storage lockers, which command substantial tenant demand; (3) Functional work-from-home layouts, such as enclosed dens or solariums; (4) High-value building amenities including 24/7 concierge, state-of-the-art fitness centres, and guest suites; and (5) Specific utility inclusions (e.g. heating, water, or high-speed internet).

Scarborough Submarket Hub

Scarborough North Rental Comps & Market Trends

Name: Scarborough North, Scarborough Rental Market Intelligence & Lease Benchmark Dataset
Creator: FastScreen

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 51 tracked properties across Scarborough North, Scarborough.

Postal Codes Covered:M1S, M1T, M1V, M1W

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Scarborough North

Active Listings

32units

Across 51 buildings

Average Asking Rent

$2,514/mo

+1.2% Asking Trend

Average Unit Size

782SF

Asking layout average

Average Asking / SF

$3.45/SF

Current asking rate

Average Days on Market

31days

Active listing age

Closed Leases

Transactions that closed in August 2026 across Scarborough North

Units Leased

66closed

Executed transactions

Average Leased Rent

$2,446/mo

+1.2% MoM Delta

Average Leased SF

778SF

Executed size average

Average Leased / SF

$3.35/SF

Realized per-foot rate

Average Days on Market

28days

Days to execute lease

Scarborough North Rental Rates by Unit Layout

Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.

Studio / Bachelor

$1,663/mo

$3.62/SF · 460 SF

+$4 vs Scarborough

1-Bedroom

$2,063/mo

$3.91/SF · 541 SF

+$62 vs Scarborough

1-Bedroom + Den

$2,296/mo

$3.35/SF · 712 SF

+$124 vs Scarborough

2-Bedroom

$2,583/mo

$3.37/SF · 789 SF

-$101 vs Scarborough

2-Bedroom + Den

$2,763/mo

$2.90/SF · 1005 SF

-$165 vs Scarborough

3-Bedroom+

$2,995/mo

$2.67/SF · 1159 SF

-$665 vs Scarborough

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	$2,538/mo	$3.77/SF	13leases	20days	2units	658suites	Comps
Love Condominiums 185 Bonis Ave	$2,322/mo	$3.31/SF	9leases	26days	1unit	296suites	Comps
Avani 2 at Metrogate 275 Village Green Sq	$2,388/mo	$3.58/SF	6leases	29days	4units	363suites	Comps
Avani at Metrogate 255 Village Green Sq	$2,192/mo	$4.05/SF	6leases	30days	2units	363suites	Comps
Solaris II at Metrogate 135 Village Green Sq	$2,220/mo	$3.43/SF	5leases	30days	3units	453suites	Comps
Selene at Metrogate 225 Village Green Sq	$2,469/mo	$3.21/SF	5leases	22days	1unit	296suites	Comps
Solaris I at Metrogate 125 Village Green Sq	$2,231/mo	$3.43/SF	4leases	29days	2units	435suites	Comps
Ventus II at Metrogate 181 Village Green Sq	$2,283/mo	$3.34/SF	3leases	34days	2units	314suites	Comps
Bridlewood Place 2 75 Bamburgh Circ	$2,600/mo	$2.36/SF	3leases	13days	1unit	290suites	Comps
Wish Condos 3121 Sheppard Ave E	$2,525/mo	$3.72/SF	2leases	28days	2units	264suites	Comps
Woodside Pointe II 5235 Finch Ave E	$2,450/mo	$2.74/SF	2leases	9days	2units	101suites	Comps
Monterey 175 Bamburgh Circ	$2,700/mo	$2.41/SF	2leases	39days	1unit	331suites	Comps
Joy Condos 195 Bonis Ave	$2,475/mo	$3.81/SF	2leases	18days	1unit	282suites	Comps
The Windsor at Chartwell II 2627 McCowan Rd	$2,125/mo	$3.04/SF	2leases	46days	0units	327suites	Comps
The Ambassadors III 350 Alton Towers Circ	$2,725/mo	$2.29/SF	2leases	18days	0units	253suites	Comps
Legends at Tam O'Shanter 238 Bonis Ave	$2,863/mo	$2.20/SF	2leases	21days	0units	247suites	Comps
Camargue 2365 Kennedy Rd	$2,750/mo	$2.69/SF	2leases	27days	0units	237suites	Comps
Woodside Pointe I 5225 Finch Ave E	$2,350/mo	$3.04/SF	2leases	29days	0units	151suites	Comps
East 3220 3220 Sheppard Ave E	$2,400/mo	$3.69/SF	1lease	22days	3units	234suites	Comps
Ventus I at Metrogate 151 Village Green Sq	$2,500/mo	$2.94/SF	1lease	33days	1unit	288suites	Comps
The Gatsby 88 Alton Towers Circ	$2,175/mo	$2.90/SF	1lease	28days	1unit	279suites	Comps
The Ambassadors II 330 Alton Towers Circ	$3,000/mo	$2.00/SF	1lease	39days	1unit	253suites	Comps
Skypark 255 Bamburgh Circ	$2,950/mo	$1.97/SF	1lease	40days	1unit	224suites	Comps
Riviera Club II 4725 Sheppard Ave E	$2,800/mo	$4.75/SF	1lease	7days	0units	321suites	Comps
Greens at Tam O'Shanter I 168 Bonis Ave	$2,950/mo	$2.27/SF	1lease	46days	0units	317suites	Comps
Greens at Tam O'Shanter II 138 Bonis Ave	$3,100/mo	$2.07/SF	1lease	22days	0units	310suites	Comps
Bridlewood Place 3 25 Bamburgh Circ	$2,250/mo	$3.00/SF	1lease	7days	0units	291suites	Comps
The Manor at Bamburgh Gate 1883 McNicoll Ave	$2,400/mo	$2.18/SF	1lease	48days	0units	284suites	Comps
Bridlewood Place 1 55 Bamburgh Circ	$3,100/mo	$2.07/SF	1lease	21days	0units	277suites	Comps
The Ambassadors I 300 Alton Towers Circ	$2,550/mo	$2.68/SF	1lease	9days	0units	253suites	Comps
Wedgewood Grove 30 Thunder Grve	$2,550/mo	$2.68/SF	1lease	5days	0units	243suites	Comps
Optima on the Park I 150 Alton Towers Circ	$2,050/mo	$2.73/SF	1lease	19days	0units	238suites	Comps
The Windsor at Chartwell I 5039 Finch Ave E	$2,100/mo	$3.41/SF	1lease	21days	0units	226suites	Comps
Riviera Club I 4727 Sheppard Ave E	$2,600/mo	$2.00/SF	1lease	124days	0units	223suites	Comps
Vista of Skypark 275 Bamburgh Circ	$2,700/mo	$2.45/SF	1lease	43days	0units	223suites	Comps
Chartwell Place I 5001 Finch Ave E	$2,550/mo	$3.00/SF	1lease	10days	0units	209suites	Comps
Bridletowne 1 3131 Bridletowne Circ	$2,650/mo	$2.04/SF	1lease	11days	0units	181suites	Comps
Bridletowne 2 3151 Bridletowne Circ	$3,250/mo	$2.31/SF	1lease	52days	0units	180suites	Comps
Tam O'Shanter Highlands II 228 Bonis Ave	$3,200/mo	$2.13/SF	1lease	10days	0units	151suites	Comps
99 Brimwood Boulevard 99 Brimwood Boulevard	$3,000/mo	$1.76/SF	1lease	147days	0units	—	Comps
Kimbercroft Terrace 39 Kimbercroft Crt	$2,200(ask)	$2.93 (ask)	0leases	—	1unit	150suites	Comps
The Garden Series on Sheppard 3445 Sheppard Ave E	—	—	0leases	—	0units	378suites	Comps
Skygarden II 2330 Bridletowne Circ	—	—	0leases	—	0units	269suites	Comps
Skygarden I 2350 Bridletowne Circ	—	—	0leases	—	0units	268suites	Comps
Optima on the Park II 160 Alton Towers Circ	—	—	0leases	—	0units	238suites	Comps
The Trillium 225 Bamburgh Circ	—	—	0leases	—	0units	223suites	Comps
Royal Crest C 65 Huntingdale Blvd	—	—	0leases	—	0units	157suites	Comps
Royal Crest A 45 Huntingdale Blvd	—	—	0leases	—	0units	150suites	Comps
Villa Elegance at Bamburgh 3088 Kennedy Rd	—	—	0leases	—	0units	131suites	Comps
Chartwell Place II 2628 McCowan Rd	—	—	0leases	—	0units	129suites	Comps
Royal Crest B 55 Huntingdale Blvd	—	—	0leases	—	0units	116suites	Comps

K Square

2031 & 2033 Kennedy Rd

$2,538

avg leased

Leased $/SF: $3.77/SF

Days on Market: 20d

Closed Leases: 13

Active Supply: 2 units

658 Total SuitesBuilding Comps

Love Condominiums

185 Bonis Ave

$2,322

avg leased

Leased $/SF: $3.31/SF

Days on Market: 26d

Closed Leases: 9

Active Supply: 1 units

296 Total SuitesBuilding Comps

Avani 2 at Metrogate

275 Village Green Sq

$2,388

avg leased

Leased $/SF: $3.58/SF

Days on Market: 29d

Closed Leases: 6

Active Supply: 4 units

363 Total SuitesBuilding Comps

Avani at Metrogate

255 Village Green Sq

$2,192

avg leased

Leased $/SF: $4.05/SF

Days on Market: 30d

Closed Leases: 6

Active Supply: 2 units

363 Total SuitesBuilding Comps

Solaris II at Metrogate

135 Village Green Sq

$2,220

avg leased

Leased $/SF: $3.43/SF

Days on Market: 30d

Closed Leases: 5

Active Supply: 3 units

453 Total SuitesBuilding Comps

Selene at Metrogate

225 Village Green Sq

$2,469

avg leased

Leased $/SF: $3.21/SF

Days on Market: 22d

Closed Leases: 5

Active Supply: 1 units

296 Total SuitesBuilding Comps

Solaris I at Metrogate

125 Village Green Sq

$2,231

avg leased

Leased $/SF: $3.43/SF

Days on Market: 29d

Closed Leases: 4

Active Supply: 2 units

435 Total SuitesBuilding Comps

Ventus II at Metrogate

181 Village Green Sq

$2,283

avg leased

Leased $/SF: $3.34/SF

Days on Market: 34d

Closed Leases: 3

Active Supply: 2 units

314 Total SuitesBuilding Comps

Bridlewood Place 2

75 Bamburgh Circ

$2,600

avg leased

Leased $/SF: $2.36/SF

Days on Market: 13d

Closed Leases: 3

Active Supply: 1 units

290 Total SuitesBuilding Comps

Wish Condos

3121 Sheppard Ave E

$2,525

avg leased

Leased $/SF: $3.72/SF

Days on Market: 28d

Closed Leases: 2

Active Supply: 2 units

264 Total SuitesBuilding Comps

Woodside Pointe II

5235 Finch Ave E

$2,450

avg leased

Leased $/SF: $2.74/SF

Days on Market: 9d

Closed Leases: 2

Active Supply: 2 units

101 Total SuitesBuilding Comps

Monterey

175 Bamburgh Circ

$2,700

avg leased

Leased $/SF: $2.41/SF

Days on Market: 39d

Closed Leases: 2

Active Supply: 1 units

331 Total SuitesBuilding Comps

Joy Condos

195 Bonis Ave

$2,475

avg leased

Leased $/SF: $3.81/SF

Days on Market: 18d

Closed Leases: 2

Active Supply: 1 units

282 Total SuitesBuilding Comps

The Windsor at Chartwell II

2627 McCowan Rd

$2,125

avg leased

Leased $/SF: $3.04/SF

Days on Market: 46d

Closed Leases: 2

Active Supply: 0 units

327 Total SuitesBuilding Comps

The Ambassadors III

350 Alton Towers Circ

$2,725

avg leased

Leased $/SF: $2.29/SF

Days on Market: 18d

Closed Leases: 2

Active Supply: 0 units

253 Total SuitesBuilding Comps

Legends at Tam O'Shanter

238 Bonis Ave

$2,863

avg leased

Leased $/SF: $2.20/SF

Days on Market: 21d

Closed Leases: 2

Active Supply: 0 units

247 Total SuitesBuilding Comps

Camargue

2365 Kennedy Rd

$2,750

avg leased

Leased $/SF: $2.69/SF

Days on Market: 27d

Closed Leases: 2

Active Supply: 0 units

237 Total SuitesBuilding Comps

Woodside Pointe I

5225 Finch Ave E

$2,350

avg leased

Leased $/SF: $3.04/SF

Days on Market: 29d

Closed Leases: 2

Active Supply: 0 units

151 Total SuitesBuilding Comps

East 3220

3220 Sheppard Ave E

$2,400

avg leased

Leased $/SF: $3.69/SF

Days on Market: 22d

Closed Leases: 1

Active Supply: 3 units

234 Total SuitesBuilding Comps

Ventus I at Metrogate

151 Village Green Sq

$2,500

avg leased

Leased $/SF: $2.94/SF

Days on Market: 33d

Closed Leases: 1

Active Supply: 1 units

288 Total SuitesBuilding Comps

The Gatsby

88 Alton Towers Circ

$2,175

avg leased

Leased $/SF: $2.90/SF

Days on Market: 28d

Closed Leases: 1

Active Supply: 1 units

279 Total SuitesBuilding Comps

The Ambassadors II

330 Alton Towers Circ

$3,000

avg leased

Leased $/SF: $2.00/SF

Days on Market: 39d

Closed Leases: 1

Active Supply: 1 units

253 Total SuitesBuilding Comps

Skypark

255 Bamburgh Circ

$2,950

avg leased

Leased $/SF: $1.97/SF

Days on Market: 40d

Closed Leases: 1

Active Supply: 1 units

224 Total SuitesBuilding Comps

Riviera Club II

4725 Sheppard Ave E

$2,800

avg leased

Leased $/SF: $4.75/SF

Days on Market: 7d

Closed Leases: 1

Active Supply: 0 units

321 Total SuitesBuilding Comps

Greens at Tam O'Shanter I

168 Bonis Ave

$2,950

avg leased

Leased $/SF: $2.27/SF

Days on Market: 46d

Closed Leases: 1

Active Supply: 0 units

317 Total SuitesBuilding Comps

Greens at Tam O'Shanter II

138 Bonis Ave

$3,100

avg leased

Leased $/SF: $2.07/SF

Days on Market: 22d

Closed Leases: 1

Active Supply: 0 units

310 Total SuitesBuilding Comps

Bridlewood Place 3

25 Bamburgh Circ

$2,250

avg leased

Leased $/SF: $3.00/SF

Days on Market: 7d

Closed Leases: 1

Active Supply: 0 units

291 Total SuitesBuilding Comps

The Manor at Bamburgh Gate

1883 McNicoll Ave

$2,400

avg leased

Leased $/SF: $2.18/SF

Days on Market: 48d

Closed Leases: 1

Active Supply: 0 units

284 Total SuitesBuilding Comps

Bridlewood Place 1

55 Bamburgh Circ

$3,100

avg leased

Leased $/SF: $2.07/SF

Days on Market: 21d

Closed Leases: 1

Active Supply: 0 units

277 Total SuitesBuilding Comps

The Ambassadors I

300 Alton Towers Circ

$2,550

avg leased

Leased $/SF: $2.68/SF

Days on Market: 9d

Closed Leases: 1

Active Supply: 0 units

253 Total SuitesBuilding Comps

Wedgewood Grove

30 Thunder Grve

$2,550

avg leased

Leased $/SF: $2.68/SF

Days on Market: 5d

Closed Leases: 1

Active Supply: 0 units

243 Total SuitesBuilding Comps

Optima on the Park I

150 Alton Towers Circ

$2,050

avg leased

Leased $/SF: $2.73/SF

Days on Market: 19d

Closed Leases: 1

Active Supply: 0 units

238 Total SuitesBuilding Comps

The Windsor at Chartwell I

5039 Finch Ave E

$2,100

avg leased

Leased $/SF: $3.41/SF

Days on Market: 21d

Closed Leases: 1

Active Supply: 0 units

226 Total SuitesBuilding Comps

Riviera Club I

4727 Sheppard Ave E

$2,600

avg leased

Leased $/SF: $2.00/SF

Days on Market: 124d

Closed Leases: 1

Active Supply: 0 units

223 Total SuitesBuilding Comps

Vista of Skypark

275 Bamburgh Circ

$2,700

avg leased

Leased $/SF: $2.45/SF

Days on Market: 43d

Closed Leases: 1

Active Supply: 0 units

223 Total SuitesBuilding Comps

Chartwell Place I

5001 Finch Ave E

$2,550

avg leased

Leased $/SF: $3.00/SF

Days on Market: 10d

Closed Leases: 1

Active Supply: 0 units

209 Total SuitesBuilding Comps

Bridletowne 1

3131 Bridletowne Circ

$2,650

avg leased

Leased $/SF: $2.04/SF

Days on Market: 11d

Closed Leases: 1

Active Supply: 0 units

181 Total SuitesBuilding Comps

Bridletowne 2

3151 Bridletowne Circ

$3,250

avg leased

Leased $/SF: $2.31/SF

Days on Market: 52d

Closed Leases: 1

Active Supply: 0 units

180 Total SuitesBuilding Comps

Tam O'Shanter Highlands II

228 Bonis Ave

$3,200

avg leased

Leased $/SF: $2.13/SF

Days on Market: 10d

Closed Leases: 1

Active Supply: 0 units

151 Total SuitesBuilding Comps

99 Brimwood Boulevard

$3,000

avg leased

Leased $/SF: $1.76/SF

Days on Market: 147d

Closed Leases: 1

Active Supply: 0 units

Condo ResidenceBuilding Comps

Kimbercroft Terrace

39 Kimbercroft Crt

$2,200

avg asking

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 1 units

150 Total SuitesBuilding Comps

The Garden Series on Sheppard

3445 Sheppard Ave E

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

378 Total SuitesBuilding Comps

Skygarden II

2330 Bridletowne Circ

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

269 Total SuitesBuilding Comps

Skygarden I

2350 Bridletowne Circ

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

268 Total SuitesBuilding Comps

Optima on the Park II

160 Alton Towers Circ

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

238 Total SuitesBuilding Comps

The Trillium

225 Bamburgh Circ

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

223 Total SuitesBuilding Comps

Royal Crest C

65 Huntingdale Blvd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

157 Total SuitesBuilding Comps

Royal Crest A

45 Huntingdale Blvd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

150 Total SuitesBuilding Comps

Villa Elegance at Bamburgh

3088 Kennedy Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

131 Total SuitesBuilding Comps

Chartwell Place II

2628 McCowan Rd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

129 Total SuitesBuilding Comps

Royal Crest B

55 Huntingdale Blvd

Comps pending

Leased $/SF: —

Days on Market: —

Closed Leases: 0

Active Supply: 0 units

116 Total SuitesBuilding Comps

Calculation Methodology & Metrics Context (August 2026)

Average Leased Rent:

Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Scarborough North.

Leased $/SF & Density:

Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).

Closed Leases & Fallbacks:

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.

Days on Market & Supply:

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

Scarborough North is an established residential submarket within Scarborough, comprising 51 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 Scarborough North 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 Scarborough North 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 Scarborough North is currently $2,446/month ($3.35/SF), with an average leasing velocity of 28 Days on Market. Compared to the overall Scarborough municipal benchmark ($2,440/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).

Currently across Scarborough North's 51 tracked multi-family properties, there are 32 active rental listings with an average asking rent of $2,514/month ($3.45/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,446/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 Scarborough North to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 28 days on market, prepare pre-verified credit reports, proof of employment, and deposit drafts prior to viewings. Check building construction completion dates to confirm Ontario rent control guideline applicability.

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. At an average rent of $2,446/mo, each day of vacancy costs $82/day. Pricing your listing accurately to 30-day verified comps eliminates costly extended marketing periods and protects your annual net operating income.

For Realtors

Review building-level historical lease velocity and $/SF trends in Scarborough North to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Scarborough North's 51 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Scarborough North Rental Market & Leasing FAQs

Essential insights for tenants, property owners, and real estate professionals navigating Scarborough North, Scarborough

Based on lease transactions tracked by FastScreen in August 2026 across 51 tracked condominium and apartment buildings in Scarborough North, realized rents by unit layout average:

Studio / Bachelor:$1,663/mo($3.62/SF · 460 SF)
+$4 vs Scarborough avg
1-Bedroom:$2,063/mo($3.91/SF · 541 SF)
+$62 vs Scarborough avg
1-Bedroom + Den:$2,296/mo($3.35/SF · 712 SF)
+$124 vs Scarborough avg
2-Bedroom:$2,583/mo($3.37/SF · 789 SF)
-$101 vs Scarborough avg
2-Bedroom + Den:$2,763/mo($2.90/SF · 1005 SF)
-$165 vs Scarborough avg
3-Bedroom+:$2,995/mo($2.67/SF · 1159 SF)
-$665 vs Scarborough avg

Overall market leasing across all unit layouts averaged $2,446/month ($3.35/SF) with an average of 28 Days on Market. Active rental listings currently average $2,514/month ($3.45/SF) for an average unit size of 782 SF.