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 September 2026, the Scarborough South submarket within the municipality of Scarborough—concentrated around postal forwarding sector M1G—operates as a swift-moving leasing environment backed by 29 tracked multi-residential developments. Public records show an average realized rent of $2,510 based on 26 closed leases over the trailing 30 days, alongside 50 active listings currently on the market. Landlords maintain tight pricing discipline across active suites, with average asking rents sitting at $2,523, generating a minimal asking-to-realized spread of just $13 per month. Rental rates in the Scarborough South submarket sit 5.06% higher than the broader municipal average of $2,389, reflecting steady executive demand across the district's 29 tracked buildings where 2-bedroom configurations command the highest closed transaction volume.
Get a free rent estimate for any Scarborough South condo
Analyze verified lease comps and active asking rates across 29 buildings in Scarborough South.
Active Rental Inventory
Listed and Tracked by FastScreen as of September 2026Current publicly listed rental units and asking prices across Scarborough South
Closed Leases
Transactions that closed in September 2026 across Scarborough South
Scarborough South Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in September 2026.
Scarborough South Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Scarborough South, Scarborough.
| Action | |||||
|---|---|---|---|---|---|
Upper Beach Club 1400 Kingston Rd | $2,546/mo | $4.81/SF | 18leases | 19units | Comps |
Merge 90 Glen Everest Rd | $1,883/mo | $3.82/SF | 6leases | 7units | Comps |
The Bluffs 2799 Kingston Rd | $2,567/mo | $3.35/SF | 3leases | 3units | 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 | 2units | Comps |
Haven On The Bluffs 22 East Haven Dr | $2,150/mo | $3.91/SF | 1lease | 2units | Comps |
The Manderley 2 Manderley Drive | $2,050/mo | $3.15/SF | 1lease | 2units | 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 |
The Bluffs 3734 - 3736 St Clair Ave E | $2,400/mo | $2.53/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 |
Falling Brook 160 Fallingbrook Rd | $3,700(ask) | $2.85 (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 |
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
90 Glen Everest Rd
2799 Kingston 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
3734 - 3736 St Clair Ave E
3420 Eglinton Avenue E
3655 Kingston Rd
160 Fallingbrook Rd
1091 - 1093 Kingston Rd
3311 Kingston Road
168 Clonmore Drive
172 Clonmore Drive
3101 Eglinton Avenue E
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 September 2026, the Scarborough South submarket within the municipality of Scarborough—concentrated around postal forwarding sector M1G—operates as a swift-moving leasing environment backed by 29 tracked multi-residential developments. Public records show an average realized rent of $2,510 based on 26 closed leases over the trailing 30 days, alongside 50 active listings currently on the market. Landlords maintain tight pricing discipline across active suites, with average asking rents sitting at $2,523, generating a minimal asking-to-realized spread of just $13 per month. Rental rates in the Scarborough South submarket sit 5.06% higher than the broader municipal average of $2,389, reflecting steady executive demand across the district's 29 tracked buildings where 2-bedroom configurations command the highest closed transaction volume.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Scarborough South is currently $2,510/month ($4.35/SF), with an average leasing velocity of 20 Days on Market. Compared to the overall Scarborough municipal benchmark ($2,389/month), Scarborough South trades at a 5% price premium, 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
Month-over-month pricing in Scarborough South experienced a modest adjustment, with average realized rents decreasing by $32 or 1.26% down from $2,542 across 63 closed leases in the prior 30-day window to $2,510 across 26 closed leases in the current 30-day period. This slight dollar contraction reflects normal transactional variance in closed suite sizing and monthly bedroom mix rather than broader structural depreciation.
Longer Term Trends & Rental Dispersion
Mid-term performance indicators show stable pricing depth across Scarborough South, with 90-day realized leases averaging $2,495 per month ($4.29 per square foot) and historical baseline figures holding at $2,448 per month ($4.10 per square foot). Overall rent dispersion across the tracked historical sample of 167 leases spans a minimum monthly rent of $1,650 to a maximum of $4,995, with a median rent of $2,300. The middle 50% of the market—defined by the interquartile range—stretches from a 25th percentile rate of $1,982 to a 75th percentile rate of $2,980, creating an absolute price spread of $998 between entry-level multi-residential inventory and luxury executive suites.
Currently across Scarborough South's 29 tracked multi-family properties, there are 50 active rental listings with an average asking rent of $2,523/month ($3.89/SF). For closed transactions executed in September 2026, realized lease agreements averaged $2,510/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Prospective tenants searching in Scarborough South should anticipate competitive conditions given the submarket's swift 20-day leasing average. Renters targeting the middle 50% of the market can expect monthly expenses between $1,982 and $2,980. Stepping up from a standard 1-bedroom suite (averaging $2,102 per month across 512 square feet) to a 2-bedroom suite (averaging $2,870 per month across 742 square feet) requires an average monthly financial step-up of $768 or 36.54%, yielding an additional 230 square feet of living space. Renters seeking larger family layouts should note that 3-bedroom suites command an average of $3,216 per month across 1,233 square feet, representing a $346 increase over 2-bedroom units. Prospective applicants should prepare documentation and deposits immediately upon viewing to secure properties before they are absorbed.
For Landlords
Landlords and condo investors operating in Scarborough South benefit from rapid tenant absorption and tight pricing alignment between asking targets and closed contracts. With active listings averaging $2,523 against closed leases of $2,510, the asking-to-realized spread is a nominal $13 per month. Owners should price new listings strictly in line with recent closed comps in the $1,982 to $2,980 middle 50% band to avoid extending vacancy past the submarket average of 20 days. Overpricing outside established market liquidity thresholds risks prolonged vacancy, particularly given the submarket's active inventory absorption rate of 34.2%.
For Realtors
Real Estate agents representing clients in Scarborough South navigate a high-liquidity submarket characterized by 29 tracked developments within postal area M1G and an average Days on Market of 20 days. Managing client expectations requires close attention to the tight asking-to-realized spread of $13, ensuring that listing strategies for standard 1-bedroom and 2-bedroom units reflect current realized values of $2,102 and $2,870 respectively. Because properties lease 4 days faster than the wider Scarborough municipal benchmark, agents must act decisively when writing offers on behalf of qualified applicants.
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 $2,510 per month ($4.35/sqft), based on 26 recorded transactions over the trailing 30 days ending September 30, 2026. The middle 50% of the market ranges between $1,982 (25th percentile) and $2,980 (75th percentile) per month, with an overall median rent of $2,300. This places Scarborough South rents 5.06% higher than the broader Scarborough municipal average of $2,389 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 $2,102 per month ($4.19/sqft) across historical data, while 1-bedroom plus den suites average $2,270 per month based on 20 closed leases. Most 1-bedroom units lease between $1,882 (25th percentile) and $2,258 (75th percentile) per month, with an average unit size of 512 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 $2,870 per month ($3.97/sqft) across historical data, while 2-bedroom plus den suites average $3,121 per month based on 7 closed leases. Most 2-bedroom units lease between $2,450 (25th percentile) and $3,200 (75th percentile) per month, reflecting an average rent step-up of $768 and an additional 230 square feet compared to 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 $3,216 per month ($2.68/sqft), based on historical data spanning 6 closed transactions. Three-bedroom apartment rentals in Scarborough South represent a scarce inventory segment with an average size of 1,233 square feet and closed lease prices ranging from a minimum of $2,700 to a maximum of $4,995 per month.
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 across tracked transactions, while Clonmore Urban Towns offers entry-level private transactions starting around $1,850 per month.
How does rent in Scarborough South compare to the overall Scarborough average?
Scarborough South rents average $2,510 per month, which is higher than the overall Scarborough average of $2,389 per month (a spread of $121 or 5.06%). Properties in Scarborough South spend an average of 20 days on the market—leasing 4 days faster than the broader Scarborough municipal benchmark of 24 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 20 days on the market before leasing, based on 30-day tracking through September 30, 2026—leasing 4 days faster than the broader Scarborough municipal benchmark of 24 days.
How should landlords price their rental listings in Scarborough South to avoid vacancy loss?
With active listings averaging $2,523 against closed leases at $2,510—an asking-to-realized spread of just $13 per month—landlords in Scarborough South should price units closely in line with recent closed transaction benchmarks rather than aspirational asking rates to ensure rapid lease execution within the submarket's 20-day average marketing period.
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?
Across most Ontario condominium developments, suite electricity (hydro) and climate energy are individually metered and paid by the tenant, whereas water and building maintenance are covered by the owner's condo fees.
Explore Other Scarborough Submarkets
Compare neighbourhood comps and rental rates for leased units across Scarborough against Scarborough South