Scarborough Submarket Hub

Scarborough South Rental Comps & Market Trends

Access granular residential building comps, verified lease benchmarks, and real-time inventory for 17 tracked properties across Scarborough South, Scarborough.

Postal Codes Covered:M1G, M1J, M1L, M1M, M1N

Active Rental Inventory

Listed and Tracked by FastScreen as of August 2026

Current publicly listed rental units and asking prices across Scarborough South

Active Listings
45units
Across 17 buildings
Average Asking Rent
$2,677/mo
+1.2% Asking Trend
Average Unit Size
615SF
Asking layout average
Average Asking / SF
$4.44/SF
Current asking rate
Average Days on Market
39days
Active listing age

Closed Leases

Transactions that closed in August 2026 across Scarborough South

Units Leased
51closed
Executed transactions
Average Leased Rent
$2,469/mo
+1.4% MoM Delta
Average Leased SF
574SF
Executed size average
Average Leased / SF
$4.47/SF
Realized per-foot rate
Average Days on Market
18days
Days to execute lease

Scarborough South Rental Rates by Unit Layout

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

Studio / Bachelor
$1,931/mo
$4.90/SF · 395 SF
+$272 vs Scarborough
1-Bedroom
$2,134/mo
$4.38/SF · 504 SF
+$133 vs Scarborough
1-Bedroom + Den
$2,517/mo
$3.87/SF · 650 SF
+$345 vs Scarborough
2-Bedroom
$3,012/mo
$4.19/SF · 740 SF
+$328 vs Scarborough
2-Bedroom + Den
$3,675/mo
$4.29/SF · 856 SF
+$747 vs Scarborough
3-Bedroom+
$3,704/mo
$3.14/SF · 1180 SF
+$44 vs Scarborough

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.

Upper Beach Club

1400 Kingston Rd

$2,514
avg leased
Leased $/SF: $4.68/SF
Days on Market: 16d
Closed Leases: 44
Active Supply: 35 units
42 Total SuitesBuilding Comps
Merge

90 Glen Everest Rd

$1,865
avg leased
Leased $/SF: $3.65/SF
Days on Market: 25d
Closed Leases: 3
Active Supply: 4 units
188 Total SuitesBuilding Comps
The Bluffs

2799 Kingston Rd

$2,375
avg leased
Leased $/SF: $3.16/SF
Days on Market: 18d
Closed Leases: 2
Active Supply: 1 units
188 Total SuitesBuilding Comps
$2,800
avg leased
Leased $/SF: $3.30/SF
Days on Market: 63d
Closed Leases: 2
Active Supply: 1 units
73 Total SuitesBuilding Comps
Royal Palace Apartments

35 Confederation Drive

$2,338
avg leased
Leased $/SF: $2.46/SF
Days on Market: 60d
Closed Leases: 2
Active Supply: 0 units
Condo ResidenceBuilding Comps
Haven On The Bluffs

22 East Haven Dr

$2,500
avg leased
Leased $/SF: $2.63/SF
Days on Market: 41d
Closed Leases: 1
Active Supply: 1 units
275 Total SuitesBuilding Comps
Kingston & Co.

1100 Kingston Rd

$1,650
avg leased
Leased $/SF: $4.13/SF
Days on Market: 16d
Closed Leases: 1
Active Supply: 1 units
145 Total SuitesBuilding Comps
Terrace on Danforth

3520 Danforth Ave

$2,500
avg leased
Leased $/SF: $2.94/SF
Days on Market: 60d
Closed Leases: 1
Active Supply: 1 units
93 Total SuitesBuilding Comps
Village at Guildwood

3650 Kingston Rd

$2,450
avg leased
Leased $/SF: $2.08/SF
Days on Market: 51d
Closed Leases: 1
Active Supply: 0 units
225 Total SuitesBuilding Comps
Guildwood Condominiums

3655 Kingston Rd

$2,700
avg leased
Leased $/SF: $2.84/SF
Days on Market: 100d
Closed Leases: 1
Active Supply: 0 units
106 Total SuitesBuilding Comps
$3,000
avg leased
Leased $/SF: $2.73/SF
Days on Market: 20d
Closed Leases: 1
Active Supply: 0 units
32 Total SuitesBuilding Comps
Guildwood Terrace

3231 - 3233 Eglinton Ave E

$2,350
avg asking
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 1 units
350 Total SuitesBuilding Comps
Henley Gardens

1091 - 1093 Kingston Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
243 Total SuitesBuilding Comps
Falling Brook

160 Fallingbrook Rd

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
43 Total SuitesBuilding Comps
The Bluffs

3734 - 3736 St Clair Ave E

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
36 Total SuitesBuilding Comps
Hunt Club Terrace

1340 Kingston Road / 2A Queensbury Avenue

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
17 Total SuitesBuilding Comps
2224a Kingston Road

2224a Kingston Road

Comps pending
Leased $/SF:
Days on Market:
Closed Leases: 0
Active Supply: 0 units
Condo ResidenceBuilding 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 South.

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 South Rental Market Dynamics & Local Yield Trends

Comprehensive Residential Market & Yield Overview for Scarborough South

Scarborough South is an established residential submarket within Scarborough, comprising 17 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 South 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 South 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 South is currently $2,469/month ($4.47/SF), with an average leasing velocity of 18 Days on Market. Compared to the overall Scarborough municipal benchmark ($2,440/month), Scarborough South trades at a 1% price premium, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Kingston & Co. ($1,650/mo) to Terrasse at the Hunt Club ($3,000/mo).

Currently across Scarborough South's 17 tracked multi-family properties, there are 45 active rental listings with an average asking rent of $2,677/month ($4.44/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,469/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 South to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 18 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 $2,469/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 South to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Scarborough South's 17 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.

Frequently Asked Questions

Scarborough South Rental Market & Leasing FAQs

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

Based on lease transactions tracked by FastScreen in August 2026 across 17 tracked condominium and apartment buildings in Scarborough South, realized rents by unit layout average:

  • Studio / Bachelor:$1,931/mo($4.90/SF · 395 SF)
    +$272 vs Scarborough avg
  • 1-Bedroom:$2,134/mo($4.38/SF · 504 SF)
    +$133 vs Scarborough avg
  • 1-Bedroom + Den:$2,517/mo($3.87/SF · 650 SF)
    +$345 vs Scarborough avg
  • 2-Bedroom:$3,012/mo($4.19/SF · 740 SF)
    +$328 vs Scarborough avg
  • 2-Bedroom + Den:$3,675/mo($4.29/SF · 856 SF)
    +$747 vs Scarborough avg
  • 3-Bedroom+:$3,704/mo($3.14/SF · 1180 SF)
    +$44 vs Scarborough avg

Overall market leasing across all unit layouts averaged $2,469/month ($4.47/SF) with an average of 18 Days on Market. Active rental listings currently average $2,677/month ($4.44/SF) for an average unit size of 615 SF.

Explore Other Scarborough Submarkets

Compare neighbourhood comps and rental rates for leased units across Scarborough against Scarborough South

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