The Vanguard — Rental Market Data

The Vanguard holds two active listings as of August 31, 2026, with asking rents ranging from $2,400 to $3,500 per month and an average and median of $2,950. The combined average suite size is 760 square feet at an asking rate of $3.99 per square foot. Inventory splits evenly between a compact one-bedroom-plus-den and a two-bedroom layout, reflecting a balanced mix of entry-level and multi-bedroom options rather than a concentration in either tier.

The dominant active layout at The Vanguard is the one-bedroom-plus-den, representing 50 percent of current inventory with a single listing at $2,400 per month across 550 square feet and $4.36 per square foot. The two-bedroom tier mirrors that share with one listing at $3,500 per month across 969 square feet and $3.61 per square foot. Both tiers are single-listing samples, so each represents an individual deal rather than a broader market signal.

The Vanguard's active availability spans a $1,100 spread from a $2,400 entry point to a $3,500 peak, a 45.8 percent range centered on a $2,950 median asking rent. The entry-level suite is a 550-square-foot one-bedroom-plus-den priced at $4.36 per square foot, while the peak offering is a 969-square-foot two-bedroom at $3.61 per square foot. The inverse relationship between size and per-square-foot rate reflects the premium typically attached to compact, den-equipped layouts in Markham West.

The Vanguard's active den premium and associated square-footage delta cannot be reliably quantified from the current two-listing sample, so no marginal cost per square foot for den space can be stated with confidence. Parking stall premiums are likewise inconclusive: the paired sample is too small or contains anomalous outliers to isolate a dependable monthly add-on, and no verified historical lease benchmark exists to anchor a figure.

The Vanguard's active asking rent of $2,950 per month and $3.99 per square foot both exceed the Markham West submarket averages of $2,730 and $3.61 per square foot respectively, placing the building 10.5 percent above the submarket on a per-square-foot basis. Unlike cases where a lower nominal rent masks a higher unit price through compact sizing, The Vanguard is genuinely priced above the submarket on both metrics. The building's two active listings represent 5 percent of the 40 total active listings across the Markham West submarket.

The Vanguard's all-time average lease rent of $2,877 per month sits $329 (13 percent) above the four-comp average of $2,548, with individual spreads ranging from $277 to $417 depending on the competitor. Parkside Towers at World on Yonge (B2) at 7167 Yonge St leases at $2,594 per month ($3.63 per square foot, 722 sq ft), a $283 gap below the subject; Parkside Towers at World on Yonge (B1) at 7165 Yonge St runs $2,536 per month ($3.94 per square foot, 668 sq ft), a $341 spread; World on Yonge – I at 7161-7171 Yonge St averages $2,460 per month ($3.65 per square foot, 685 sq ft), a $417 differential; and Crystal Palace Condo at 7451 Yonge Street posts $2,600 per month ($2.36 per square foot, 1,100 sq ft), a $277 gap. The Vanguard's 30-day lease average of $2,717 and 90-day average of $2,935 confirm that recent transactions cluster in the upper band of this micro-market, consistent with its newer build and broader amenity offering.

The Vanguard leases at $3.75 per square foot on an average 788-square-foot suite, which is a $0.19 per square foot (4.8 percent) discount below Parkside Towers B1's $3.94 rate while simultaneously delivering 120 more square feet of interior space, making it the most space-efficient option in the immediate cluster. Against Parkside Towers B2 ($3.63 per square foot, 722 sq ft) and World on Yonge – I ($3.65 per square foot, 685 sq ft), the subject trades at a small $0.10 to $0.12 per square foot premium but provides 66 to 103 additional square feet, so the effective cost per usable foot remains competitive. The steepest contrast is Crystal Palace Condo at $2.36 per square foot for 1,100 square feet; here the Vanguard is 312 square feet smaller and carries a $1.39 per square foot premium, a trade-off that reflects the building's 2021 completion, EV charging infrastructure, and full-service amenity deck versus a 1984 structure with only concierge, gym, sauna, and a party room. For renters prioritizing modern finishes, dedicated fitness and wellness spaces, and family-oriented features over raw square footage, the Vanguard's per-foot pricing against the three Yonge Street towers represents a reasonable value exchange.

The Vanguard's 16-amenity package at 1 Grandview Ave differentiates it sharply from the four nearby competitors, particularly in wellness, family programming, and everyday convenience features that none of the comparables offer. Where Parkside Towers B1 and B2 and World on Yonge – I each provide an indoor pool, hot tub, and golf simulator, the Vanguard instead fields a dedicated yoga studio, sauna and steam room, and a building-wide water purification system—amenities absent from all four competitors. The subject's EV charging station and car wash bay have no equivalent at any of the three Yonge Street towers or at Crystal Palace Condo, and its indoor kids' play room, fire pit, and full dining room with kitchen contrast directly against the billiards rooms and meeting rooms that anchor the Parkside and World on Yonge offerings. This lifestyle package—combining active wellness (yoga, sauna), family programming (indoor play room, garden courtyard), and daily convenience (EV charging, car wash, purified water)—is best suited to young professional families and tech-oriented renters in Markham West who value a turnkey, health-forward living environment over resort-style pool and golf facilities.