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Market Data as of August 31, 2026

Uptown Markham - River Park B — Rental Market Data

1 Uptown Dr, Markham, Ontario L3R 5C1
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,860

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2014
Total Suites196
DeveloperTimes Group

Uptown Markham – River Park B at 1 Uptown Drive in Markham City Centre is a 196-suite residential tower completed in 2014 by Times Group, currently showing one active listing against a 0.5 percent availability rate. The building closed four leases in the trailing 30 days at an average of $2,595 per month with a 30-day average days-on-market figure, and twelve leases over the past 90 days averaging $2,555 per month with a 23-day average DOM. Across all fourteen tracked transactions in the past year, realized rents have averaged $2,504 per month at $3.63 per square foot.

The single active two-bedroom listing asks $2,860 per month on 750 square feet, translating to $3.81 per square foot—roughly 6.7 percent above the 90-day realized rate of $3.57 per square foot and 6.4 percent above the Markham City Centre submarket asking benchmark of $3.58 per square foot. The active suite's 750-square-foot footprint is also larger than the 704-square-foot average seen across historical leases, meaning the higher nominal rent reflects both a premium rate per square foot and additional living area rather than a compact-suite discount.

Marketing friction at River Park B remains low: the lone active listing has been on market for just two days, well under the submarket average of 27 days, while the 90-day closed-lease cohort averaged 23 days—four days faster than the submarket norm. Tenants negotiating across all tracked leases secured an average concession of $21 per month (0.76 percent below asking), with 42.9 percent of closed deals landing under the initial ask, saving renters approximately $252 per year. Inventory depth is effectively a single-unit play: the entire active portfolio consists of one two-bedroom layout, leaving no multi-bedroom executive or compact one-bedroom alternatives for prospective tenants at this address.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Uptown Markham - River Park B as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-2 (66.7%)
Avg Asking Rent$2,860
+$317 (12.5%)
Avg Suite Size750 sf
-17 sf (2.2%)
Avg Days on Market2d
-17d (89.5%)
Avg Asking $/SF$3.81
+$0.30 (8.6%)

Active Market Insights & Questions

How has rental availability changed at Uptown Markham - River Park B recently?

Uptown Markham – River Park B carries one active listing as of August 31, 2026, asking $2,860 per month with both the average and median rent set at that single figure. The available suite spans 750 square feet at $3.81 per square foot, and the 100 percent layout share is a two-bedroom configuration. With only one unit on the market, inventory skews neither toward compact entry-level suites nor multi-bedroom executive layouts—it is a single mid-tier two-bedroom offering in an otherwise fully occupied tower.

What floor plans and unit layouts are currently available at Uptown Markham - River Park B?

The sole active layout at Uptown Markham – River Park B is a two-bedroom unit representing 100 percent of available inventory, with one listing at $2,860 per month, 750 square feet, and $3.81 per square foot. No one-bedroom, studio, or three-bedroom tiers are currently listed, so prospective renters seeking alternative bedroom counts must look to the broader Markham City Centre submarket, which holds 96 active listings across multiple buildings.

What is the average asking rent and $/SF by suite size at Uptown Markham - River Park B?

Uptown Markham – River Park B shows a minimum and maximum asking rent of $2,860 per month, producing a zero-dollar and zero-percent spread because only one unit is currently listed. The entry-level and peak suite are the same two-bedroom, 750-square-foot layout priced at $3.81 per square foot, so there is no internal price gradient to compare. Renters seeking a wider range of price points should expand their search to other Markham City Centre buildings where the submarket asking average sits at $2,711 per month.

How much extra do parking spaces and dens cost at Uptown Markham - River Park B?

Active den premiums and square-footage deltas at Uptown Markham – River Park B cannot be quantified, as no paired den versus non-den listings exist in the current active inventory to isolate a marginal cost per square foot. Parking stall pricing also cannot be reliably isolated from the single active listing due to insufficient paired sample data, though historical lease records confirm a verified parking premium of $70 per month across closed transactions.

How do asking rents at Uptown Markham - River Park B compare to local and municipal benchmarks?

Uptown Markham – River Park B's active asking rent of $2,860 per month and $3.81 per square foot both exceed the Markham City Centre submarket averages of $2,711 per month and $3.58 per square foot, placing the building 6.4 percent above the submarket asking rate on a per-square-foot basis. The nominal rent gap of roughly $149 per month is partly explained by the active suite's 750-square-foot footprint versus the smaller average lease sizes seen across the submarket, but the rate-per-square-foot premium confirms River Park B is pricing at a modest premium to surrounding inventory. The building accounts for one out of 96 active listings in the Markham City Centre submarket, representing approximately 1 percent of total available inventory.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Uptown Markham - River Park B (Data period: For the month of August 2026).

Units Leased4
Avg Leased Price$2,595
Avg Leased Size704 sf
Avg Days to Lease30d
Leased $/SF$3.44

Leased Transaction Insights & Questions

How many suites were leased at Uptown Markham - River Park B last month, and how fast did they rent?

Uptown Markham - River Park B closed 4 leases in the trailing 30 days at an average 30-day DOM of 30, compared to a 90-day DOM of 23 and a submarket benchmark of 27 days. The 90-day window captured 12 closings, while the full tracked lifetime shows 14 total leases. Leasing cadence accelerated sharply in July with 6 closings, then moderated to 4 in August, indicating a healthy but not accelerating absorption pace for a 196-suite building.

What is the negotiation spread between asking rents and closed lease prices at Uptown Markham - River Park B?

Uptown Markham - River Park B tenants negotiated an average discount of $21 per month (0.76% below asking), translating to $252 in annual savings per lease. 42.9% of tracked leases closed under the listed asking price, confirming measurable tenant leverage in this submarket. Landlords at this building are conceding on price rather than holding firm, a pattern consistent with soft demand in Markham City Centre.

What are typical executed lease prices across different layouts at Uptown Markham - River Park B?

The two highest-volume anchor layouts at Uptown Markham - River Park B are the 1-Bedroom + Den (6 leases, $2,330 average, 24 DOM) and the 2-Bedroom (5 leases, $2,756 average, 26 DOM), both representing statistically robust benchmarks. The 1-Bedroom tier closed 2 leases at $2,150 average (median $2,150, P25–P75 range $2,125–$2,175), averaging 550 square feet at $3.91 per square foot with a 17-day DOM. This is a limited sample size and serves as a directional indicator only. The 2-Bedroom + Den recorded a single transaction at $3,000 for 1,100 square feet ($2.73 per square foot, 20 DOM). This represents an individual single transaction, not a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Uptown Markham - River Park B?

Uptown Markham - River Park B carries a verified leased parking premium of $70 per month above the base suite rent. This figure is confirmed across paired lease records where parking was explicitly bundled. Active asking parking data is inconclusive due to insufficient paired samples, so no reliable comparison can be drawn between realized and current asking parking rates.

How does the lease-to-listing ratio at Uptown Markham - River Park B reflect current tenant demand?

Uptown Markham - River Park B shows a broadly stable-to-slightly-rising rent trajectory across the May-through-August 2026 window, with average rents climbing from $2,200 to $2,595. May closed 2 deals at $2,200 average ($4.00 per square foot, 25 DOM). June recorded 2 closings at $2,550 average ($3.40 per square foot, 15 DOM). July was the volume peak with 6 deals at $2,530 average ($3.71 per square foot, 22 DOM). August closed 4 leases at $2,595 average ($3.44 per square foot, 30 DOM). The nominal rent rise from May to June reflects a shift toward larger suite footprints rather than a pure rate increase, as the per-square-foot rate actually dropped from $4.00 to $3.40.

Historical Active Listings & Market Dynamics

Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.

Suite Filters
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Chart Metrics
Max 2 Plotted
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Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27324676174.0213
2026-04-28324676174.0214
2026-04-29324676174.0215
2026-04-30324676174.0216
2026-05-01324676174.0217
2026-05-02324676174.0218
2026-05-03226256504.0723
2026-05-04226256504.0724
2026-05-05226256504.0725
2026-05-06226256504.0726
2026-05-07226256504.0727
2026-05-08226256504.0728
2026-05-09226256504.0729
2026-05-10226256504.0730
2026-05-11226256504.0731
2026-05-12226256504.0732
2026-05-13226256504.0733
2026-05-14327677763.7022
2026-05-15327677763.7023
2026-05-16327677763.7024
2026-05-17327677763.7025
2026-05-18327677763.7026
2026-05-19327677763.7027
2026-05-20327677763.7028
2026-05-21327677763.7029
2026-05-22327677763.7030
2026-05-23327677763.7031
2026-05-24327677763.7032
2026-05-25428257693.7825
2026-05-26428257693.7826
2026-05-27428257693.7827
2026-05-28428257693.7828
2026-05-29329838423.6126
2026-05-30329838423.6127
2026-05-31428258193.4921
2026-06-01428258193.4922
2026-06-02428258193.4923
2026-06-03428258193.4924
2026-06-04328008423.3712
2026-06-05428138193.4810
2026-06-06528088053.528
2026-06-07528088053.529
2026-06-08528088053.5210
2026-06-09427608193.4111
2026-06-10527728053.489
2026-06-11527728053.4810
2026-06-12527728053.4811
2026-06-13527728053.4812
2026-06-14428788193.5613
2026-06-15428788193.5614
2026-06-16428788193.5615
2026-06-17428788193.5616
2026-06-18428788193.5617
2026-06-19428788193.5618
2026-06-20428788193.5619
2026-06-21428788193.5620
2026-06-22428788193.5621
2026-06-23428788193.5622
2026-06-24428788193.5623
2026-06-25428788193.5624
2026-06-26527627853.5620
2026-06-27527627853.5621
2026-06-28527627853.5622
2026-06-29527627853.5623
2026-06-30527627853.5624
2026-07-01626937633.5721
2026-07-02626937633.5722
2026-07-03626937633.5723
2026-07-04727017613.5820
2026-07-05826397353.6319
2026-07-06826397353.6320
2026-07-07726137323.6220
2026-07-08726137323.6221
2026-07-09726137323.6222
2026-07-10726137323.6223
2026-07-11726137323.6224
2026-07-12726137323.6225
2026-07-13626657463.6327
2026-07-14526487453.6232
2026-07-15526487453.6233
2026-07-16526487453.6234
2026-07-17525046503.8722
2026-07-18625787253.6819
2026-07-19625787253.6820
2026-07-20625787253.6821
2026-07-21625787253.6822
2026-07-22625787253.6823
2026-07-23725447143.6621
2026-07-24725447143.6622
2026-07-25624757083.6210
2026-07-26624757083.6211
2026-07-27525307403.5410
2026-07-28525307403.5411
2026-07-29525307403.5412
2026-07-30525307403.5413
2026-07-31325437673.5119
2026-08-01425787883.4215
2026-08-02425787883.4216
2026-08-03425787883.4217
2026-08-04425787883.4218
2026-08-05326538333.3614
2026-08-06326538333.3615
2026-08-07225057003.6914
2026-08-08225057003.6915
2026-08-09225057003.6916
2026-08-10225057003.6917
2026-08-11225057003.6918
2026-08-12225057003.6919
2026-08-13225057003.6920
2026-08-14225057003.6921
2026-08-15225057003.6922
2026-08-16225057003.6923
2026-08-17225057003.6924
2026-08-18225057003.6925
2026-08-19126808503.1518
2026-08-20126808503.1519
2026-08-21126808503.1520
2026-08-22126808503.1521
2026-08-23126808503.1522
2026-08-24126808503.1523
2026-08-25126808503.1524
2026-08-26126808503.1525
2026-08-27126808503.1526
2026-08-28126808503.1527
2026-08-29227708003.4814
2026-08-30227708003.4815
2026-08-31128607503.812

12-Month Market Dynamics & Trend Trajectory

Uptown Markham - River Park B realizes an average rent of $2,504 per month and $3.63 per square foot across its 14 tracked leases, sitting essentially at parity with the Markham City Centre submarket average of $2,500 per month and $3.57 per square foot. The building's 704-square-foot average suite size positions it squarely in the mid-range density band for the submarket, with no meaningful rent premium or discount relative to local benchmarks. On pricing discipline, 42.9% of leases at Uptown Markham - River Park B closed below asking, with tenants capturing an average $21 per month (0.76%) concession. The net negotiation spread of -$21 per month translates to $252 in annualized tenant savings per lease, confirming that landlords in this building are yielding on price rather than holding at list. This tenant-favorable pattern suggests landlords are prioritizing occupancy over maximum yield in a submarket with 96 active competing listings.

Loading inventory data…

Historical building statistics - leased transactions

This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
Show min/max boundaries

Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-03121005503.8212
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24123005504.1838
2026-05-310N/AN/AN/AN/A
2026-06-07128007503.7315
2026-06-14123007503.0714
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-05128007503.7327
2026-07-12123006503.5417
2026-07-19128007503.7350
2026-07-26324276503.7612
2026-08-02226758753.1728
2026-08-090N/AN/AN/AN/A
2026-08-16123305504.2433
2026-08-230N/AN/AN/AN/A
2026-08-30127008503.1830

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Uptown Markham – River Park B at 1 Uptown Dr sits in a tight cluster of four active competitors within 130 metres, all recording closed lease transactions over the trailing 180 days. The nearest peer, Uptown Markham – River Park A at 8200 Birchmount Rd (0.07 km, completed 2014), logged 11 closed leases; Uptown Markham – Riverwalk East Building A at 18 Uptown Dr (0.09 km, completed 2015) recorded 27; Uptown Markham – River Park C at 8228 Birchmount Rd (0.10 km, completed 2014) closed 13; and Uptown Markham – Riverwalk East Building B at 28 Uptown Dr (0.13 km, completed 2015) posted 14. The two River Park towers (A and C) share the subject's 2014 completion era, while the Riverwalk East pair (A and B) are one generation newer at 2015. All four competitors generated active leasing volume, giving the subject a fully transacting peer set rather than a mix of speculative or pre-lease reference buildings. Against the four-comp benchmark of $2,420 average rent, $3.50 per square foot, and 706 average square feet, River Park B's realized lease profile of $2,504, $3.63 per square foot, and 704 square feet places it modestly above the pocket average on both rate and total rent while matching the cohort on interior footprint. The subject's 196-suite scale is comparable to its immediate neighbours, and its 2014 build year aligns with the River Park A and C towers, positioning it as a same-generation asset competing on amenity depth and per-square-foot pricing rather than on age differentiation. The submarket-wide Markham City Centre benchmark of $2,500 average rent and $3.57 per square foot confirms the subject is trading at or just above the broader area norm.

8200 Birchmount Rd, Markham

Avg Asking$2,443/mo
Avg $/SF$3.51
Rent Spread:
-$417/mo (-14.6%) Lower

18 Uptown Dr, Markham

Avg Asking$2,457/mo
Avg $/SF$3.72
Rent Spread:
-$403/mo (-14.1%) Lower

8228 Birchmount Rd, Markham

Avg Asking$2,339/mo
Avg $/SF$3.57
Rent Spread:
-$521/mo (-18.2%) Lower

28 Uptown Dr, Markham

Avg Asking$2,496/mo
Avg $/SF$3.42
Rent Spread:
-$364/mo (-12.7%) Lower

15 Water Walk Dr, Markham

Avg Asking$2,486/mo
Avg $/SF$3.68
Rent Spread:
-$374/mo (-13.1%) Lower

268 - 278 Buchanan Dr, Markham

Avg Asking$2,483/mo
Avg $/SF$3.75
Rent Spread:
-$377/mo (-13.2%) Lower

Comparable Analysis & Questions

How do rental rates at Uptown Markham - River Park B compare to neighbouring buildings within Markham City Centre?

Uptown Markham – River Park B realized an average lease rent of $2,504 per month over the trailing year, sitting $84 above the four-comp benchmark of $2,420 and slightly above the Markham City Centre submarket average of $2,500. Uptown Markham – River Park A (8200 Birchmount Rd, 0.07 km, 11 closed leases) averaged $2,468 per month at $3.40 per square foot across 740 square feet, meaning the subject commands $36 more per month. Uptown Markham – Riverwalk East Building A (18 Uptown Dr, 0.09 km, 27 closed leases) averaged $2,456 at $3.66 per square foot over 690 square feet, placing the subject $48 higher. Uptown Markham – River Park C (8228 Birchmount Rd, 0.10 km, 13 closed leases) posted the lowest realized rent at $2,281 per month ($3.53 per square foot, 650 square feet), a $223 gap below the subject. Uptown Markham – Riverwalk East Building B (28 Uptown Dr, 0.13 km, 14 closed leases) averaged $2,475 at $3.40 per square foot across 745 square feet, with the subject trading $29 above. All four competitors recorded active closed lease volume, so every figure reflects realized transaction pricing rather than asking or listing data.

Does Uptown Markham - River Park B offer a competitive price-per-square-foot ($/SF) against local comparables?

Uptown Markham – River Park B leases at $3.63 per square foot for an average 704-square-foot suite, positioning it at a slight premium to the four-comp average of $3.50 per square foot and 706 square feet while delivering a higher total monthly rent than every active peer. Against River Park A, the subject trades at a $0.23 per square foot (6.8%) premium while providing 36 fewer interior square feet, so the higher nominal rent of $36 per month is driven by both a steeper rate and a tighter footprint. Versus Riverwalk East Building A, the subject offers a $0.03 per square foot (0.8%) discount and 14 more interior square feet, meaning the $48 higher monthly rent is entirely a function of the larger interior area rather than a rate advantage. Compared with River Park C, the subject commands a $0.10 per square foot (2.8%) premium and 54 more square feet, compounding to a $223 monthly gap that reflects both rate and scale. Against Riverwalk East Building B, the subject carries a $0.23 per square foot (6.8%) premium but 41 fewer square feet, so the modest $29 rent differential is rate-driven despite the smaller suite.

How do building age, amenities, and developer reputation impact rent spreads?

Uptown Markham – River Park B offers a 12-feature amenity suite including an indoor pool, sauna and steam room, rooftop terrace, business centre, library and reading room, and dedicated kids' play room, placing it in the upper tier of its immediate peer set. The subject's business centre and library and reading room are absent from River Park A (which instead offers a yoga studio, outdoor children's playground, garden and courtyard, and pet wash station) and from River Park C (which adds outdoor playground and Amazon pick-up lockers but lacks the business centre and indoor kids' room). Riverwalk East Building A differentiates with a dining room and kitchen plus garden and courtyard that the subject does not carry, while Riverwalk East Building B similarly includes a dining room and kitchen not found at River Park B. The subject's combination of wellness (pool, sauna, steam), professional workspace (business centre, meeting room, library), and family programming (indoor kids' play room) targets young professional couples and small families in Markham City Centre who prioritize a full-service lifestyle building over the dining or outdoor-play features emphasized by the Riverwalk East and River Park A/C towers.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Uptown Markham - River Park B.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Games & Billiards Room
  • Media & Theatre Room
  • Kids' Play Room - Indoor
  • Rooftop Terrace
  • Meeting Room
  • Business Centre
  • Library & Reading Room
  • Sauna & Steam Room
  • Party & Lounge Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Uptown Markham - River Park B.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 2026), ensuring consistent baseline periods and eliminating intra-month reporting volatility.
  • Point-in-Time Daily History: Daily charts capture point-in-time active listings available on any given calendar day.

Public Data Aggregation & Thresholds

  • Public Data Aggregation: FastScreen aggregates residential rental listing and completed lease transaction records from publicly available sources.
  • Threshold Filtering: All listings are subject to a minimum monthly rental threshold of $1,000 to filter out standalone storage lockers, private parking spaces, and misclassified commercial entries from condominium statistics.

Calculation Formulations

  • Average Asking Rent: Weighted average of active asking prices across available suites in the reporting period.
  • Price Per Square Foot ($/SF): Calculated by dividing rent by square footage only for listings that provide unit dimensions (suites without stated square footage are excluded from $/SF calculations).
  • Days on Market (DOM): Measures elapsed calendar days between the date a suite is first listed and either the benchmark snapshot date (for active listings) or the finalized date leased.
  • Parking & Den Differentials: Average asking rent differences between suites with vs. without parking, and suites with vs. without a den.

Data Limitations & Scope

  • Exclusively Public Records: Statistics are derived exclusively from publicly available rental listings and completed lease records. Private direct-to-landlord arrangements, unadvertised tenant renewals, and off-market rental agreements are not captured.
  • Agreed Contract Amounts: Reported lease amounts reflect agreed contract rents and do not account for private move-in allowances or individual unit renovations that may influence pricing spreads.

Disclaimer: The information and statistics presented on this page (including asking rents, lease prices, de-listed listings, average square footage, days on market, and implied suite premiums) are aggregated from public listing sources for general informational, educational, and reference purposes only. FastScreen does not guarantee the accuracy, completeness, or timeliness of any data shown. This information does not constitute financial, investment, legal, or professional real estate advice. Users should conduct their own independent research and consult with licensed professionals before making any rental, leasing, property management, or real estate investment decisions.