Scarborough Town Centre

What Scarborough Town Centre does

Scarborough Town Centre (STC) is a single-asset enclosed shopping centre located at 300 Borough Drive in Scarborough, Ontario, positioned as East GTA's largest with 250 stores and 60+ eateries. The core offer is physical retail space leased to a diversified tenant mix spanning everyday essentials through premium lifestyle brands (Adidas to Zara), complemented by a 13-screen Cineplex, the TASTE MRKT food court, and a recurring events program including the Asian Night Market, The Summer Market, and the Royal Canadian Circus. Ancillary products include physical, eGift, and corporate gift cards redeemable across all tenants.

Name

Scarborough Town Centre

Legal name

Oxford Properties Group

Website

https://scarboroughtowncentre.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Scarborough Town Centre is East GTA's largest enclosed shopping centre, operating 250+ retail stores and 60+ eateries under Oxford Properties management for consumers across Scarborough and the Greater Toronto Area.

Ownership category

akta.pro rank

Product category

Shopping Centre Operations

SIC

Retail-Variety Stores (5331)

akta.pro primary industry

Regional Department Store–Anchored Multi-Category Retail (Store-in-Store) (CRAGAFAH)

Keywords

• Shopping centre operations
• Retail leasing
• Mall management
• Tenant services
• Commercial property

Headquarters

HQ city

Scarborough

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Retail Tenant Leasing: Scarborough Town Centre generates revenue primarily through leasing retail space to tenants (stores, restaurants, services). Tenants pay rent based on square footage, with additional revenue from percentage rents tied to tenant sales performance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Scarborough Town Centre operates East GTA's largest enclosed shopping centre, leasing retail and food & beverage space to more than 250 stores and 60+ eateries under a single managed property. The centre also offers consumer-facing services including the TASTE MRKT food court destination, on-site entertainment via Cineplex Cinemas, the STC Gift Card program (physical, eGift, and corporate), seasonal events and activations, and the Scarborough Walk of Fame community tribute.

Product overview

Scarborough Town Centre is a single-site shopping mall operated as a unified retail destination, combining 250+ stores and services, 60+ dining options in the TASTE MRKT food court, and Cineplex entertainment under one management. The core offering centers on physical retail space leasing and mall operations, supported by gift card programs (physical, eGift, and corporate bulk options), event programming, and community initiatives including the Scarborough Walk of Fame. The adjacent Alta at STC represents a residential development initiative. All services are coordinated through Oxford Properties Group as the property manager.

Differentiator

Problem solved

Functional benefit

Brands

• TASTE MRKT: Food court at Scarborough Town Centre featuring multiple dining options
• Alta at STC
• Scarborough Walk of Fame

Products and services

• Scarborough Town Centre Retail & Dining Enclosed shopping centre leasing and operating 250+ retail stores and 60+ food and beverage outlets for consumer shopping and dining in East GTA. For shoppers, tenants, and visitors to the property.
• TASTE MRKT Food Court Branded food court destination at the property aggregating 60+ food and beverage options for shopper and visitor dining. For consumer diners and visitors to the centre.
• Cineplex Cinemas at Scarborough Town Centre On-site Cineplex movie theatre anchor providing entertainment for visitors to and from shopping and dining visits. For moviegoers, families, and shoppers seeking entertainment combined with shopping or dining trips.
• STC Gift Cards Gift card programme redeemable at participating Scarborough Town Centre retailers and restaurants, available in physical card, eGift, and corporate bulk formats. For individual consumers, gift purchasers, and corporate buyers seeking employee or client gifting.
• Alta at STC (Residential Rental Community) On-site residential rental community integrated with the shopping centre property, providing housing units adjacent to retail, dining, and entertainment amenities. For renters seeking live-near-shop connectivity.
• Scarborough Walk of Fame Community tribute destination located at the property honouring and showcasing notable local individuals and community contributors from the Scarborough area. For local visitors, community members, and tourists interested in local heritage.
• STC Events & Activations Seasonal events, activations, and programming hosted at the property to drive shopper foot traffic, dwell time, and community engagement. For shoppers, visitors, and the surrounding community.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Oxford Properties GroupcoreStrategic or Co-development PartnerOxford Properties Group is the property manager of Scarborough Town Centre. Oxford is owned by OMERS and is a global leader in premium real estate. Oxford Properties manages all aspects of centre operations including leasing, marketing, and tenant relations.
• Scarborough Walk of FameminorStrategic or Co-development PartnerLong-standing community partnership celebrating achievements of Scarborough residents in Arts & Culture, Community, Education, Environment, Entertainment, Health & Science and Sports. Located on Lower Level of the shopping centre.
• Yorkdale Shopping CentreminorStrategic or Co-development PartnerParticipating in a pilot composting program with Yorkdale Shopping Centre, enabling transformation of kitchen prep and organic waste from TASTE MRKT into usable soil for the centre's plants.
• VBRNT Inc.minorGTM or Marketing PartnerPartner presenting The Summer Market event at Scarborough Town Centre, featuring curated collection of local vendors including Golden Scoops, Bolorerdene Boutique, Shop SHNDY, Vali by V, and Sunday Moss.

Scale indicators5 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Markville Shopping Centre: Markham, Ontario enclosed shopping centre with similar mid-tier fashion, dining, and entertainment anchors. Operates in the same GTA competitive set with overlapping customer base.
• CF Toronto Eaton Centre: Downtown Toronto's flagship enclosed shopping centre with 250+ retailers including a similar fashion and dining mix. Directly comparable as a major Canadian enclosed mall reliant on department store anchors and high foot traffic.
• Yorkdale Shopping Centre: Major Toronto-area enclosed shopping centre also owned and managed by Oxford Properties Group. Directly comparable in operator, tenant structure (250+ retailers, premium and mid-tier), and GTA catchment, serving as the premium counterpart to STC in East GTA.
• Fairview Mall: Toronto suburban enclosed shopping centre anchored by department stores with a similar mid-tier fashion, dining, and entertainment tenant profile to STC.
• Sherway Gardens: West GTA enclosed shopping centre with comparable upscale fashion and dining tenant mix, sharing the same competitive enclosed-mall segment as STC in the broader Toronto market.
• Metropolis at Metrotown: British Columbia's largest enclosed shopping centre with 450+ stores. Comparable as a major Canadian regional enclosed mall with similar department-store anchor structure and broad tenant diversity.
• Square One Shopping Centre: Mississauga's largest shopping centre with 250+ stores and a comparable enclosed-mall format anchored by department stores. Similar in scale, tenant mix diversity, and GTA-region draw to STC.
• Pacific Centre: Downtown Vancouver's premier enclosed shopping centre anchored by department stores and a luxury mid-tier retail mix, structurally comparable to STC as a major Canadian enclosed mall.

Broad incumbents

• West Edmonton Mall: North America's largest enclosed shopping and entertainment complex, a broader incumbent in the same enclosed-mall category with entertainment anchors, dining, and community programming analogous to STC's positioning.

Others

• Oxford Properties Group: Parent company and operator of STC, managing one of the world's largest real estate portfolios. Relevant as the controlling strategic parent whose capital allocation decisions directly shape STC's trajectory and capex access.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ShopSTC
• Facebookfacebook.com/ShopSTC
• Instagraminstagram.com/shopstc
• LinkedInlinkedin.com/company/scarborough-town-centre

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scarborough Town Centre