Scarborough South Rental Comps & Market Trends
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 12 tracked properties across Scarborough South, Toronto.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Scarborough South
Closed Leases
Transactions that closed in August 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 August 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, Toronto.
| Action | |||||
|---|---|---|---|---|---|
The Manderley 2 Manderley Drive | $2,000/mo | $3.49/SF | 4leases | 0units | Comps |
180 Markham Condos 180 Markham Road | $2,750/mo | $1.97/SF | 2leases | 1unit | Comps |
Cliffside Apartments 2382 Kingston Road | $2,668/mo | $3.44/SF | 2leases | 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 |
Clonmore Urban Towns 172 Clonmore Drive | $1,800(ask) | $3.27 (ask) | 0leases | 1unit | Comps |
Pine Ridge Towers 3420 Eglinton Avenue E | $3,000(ask) | $2.00 (ask) | 0leases | 1unit | Comps |
Kingston Heights 3311 Kingston Road | — | — | 0leases | 0units | Comps |
Clonmore Urban Towns 168 Clonmore Drive | — | — | 0leases | 0units | Comps |
3101 Eglinton Avenue East 3101 Eglinton Avenue E | — | — | 0leases | 0units | Comps |
3111 Eglinton Avenue E 3111 Eglinton Avenue E | — | — | 0leases | 0units | Comps |
2 Manderley Drive
180 Markham Road
2382 Kingston Road
174 Clonmore Drive
41 Danforth Road
1161 Kingston Road
172 Clonmore Drive
3420 Eglinton Avenue E
3311 Kingston Road
168 Clonmore Drive
3101 Eglinton Avenue E
3111 Eglinton Avenue E
Derived from verified closed lease contracts finalized during August 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
Scarborough South is an established residential submarket within Toronto, comprising 12 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 Toronto 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 $2,997/month ($2.80/SF), with an average leasing velocity of 21 Days on Market. Compared to the overall Toronto municipal benchmark ($2,770/month), Scarborough South trades at a 8% 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).
Currently across Scarborough South's 12 tracked multi-family properties, there are 4 active rental listings with an average asking rent of $2,424/month ($3.12/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,997/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 21 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 $2,997/mo, each day of vacancy costs $100/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 12 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.
Scarborough South Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Scarborough South, Toronto
Based on lease transactions tracked by FastScreen in August 2026 across 12 tracked condominium and apartment buildings in Scarborough South, realized rents by unit layout average:
- Studio / Bachelor:$2,038/mo($4.43/SF · 460 SF)+$154 vs Toronto avg
- 1-Bedroom:$2,235/mo($4.06/SF · 550 SF)-$36 vs Toronto avg
- 1-Bedroom + Den:$2,667/mo($4.17/SF · 640 SF)+$202 vs Toronto avg
- 2-Bedroom:$3,297/mo($3.88/SF · 850 SF)+$250 vs Toronto avg
- 2-Bedroom + Den:$4,150/mo($3.19/SF · 1300 SF)+$826 vs Toronto avg
- 3-Bedroom+:$2,867/mo($2.25/SF · 1300 SF)-$1,288 vs Toronto avg
Overall market leasing across all unit layouts averaged $2,997/month ($2.80/SF) with an average of 21 Days on Market. Active rental listings currently average $2,424/month ($3.12/SF) for an average unit size of 938 SF.
Explore Other Toronto Submarkets
Compare neighbourhood comps and rental rates for leased units across Toronto against Scarborough South