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Market Data as of September 30, 2026

The Derby Tower — Rental Market Data

130 Pond Dr, Markham, Ontario L3T 7W5
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
3-Bedroom+
1
$3,300

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed2001
Total Suites118
DeveloperTimes Developments

The Derby Tower is a residential community located in Markham, Ontario. Completed in 2001, the property features an estimated 118 suites. As of September 30, 2026, the market features 1 active rental listings averaging $3,300/month ($2.20/SF).

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at The Derby Tower as of September 30, 2026 (comparing September 2026 vs August 2026).

Active Units1
0
Avg Asking Rent$3,300
$0
Avg Suite Size1,500 sf
0 sf
Avg Days on Market96d
+30d (45.5%)
Avg Asking $/SF$2.20
$0.00

Active Market Insights & Questions

How has rental availability changed at The Derby Tower recently?

There is currently 1 active rental listing available at 130 Pond Dr in Markham. Over the past 30 days, availability has averaged 1 suites.

What floor plans and unit layouts are currently available at The Derby Tower?

Current active inventory spans 3-bedroom floor plans.

What is the average asking rent and $/SF by suite size at The Derby Tower?

Asking rents range across available layouts, averaging $3,300/month ($2.20/SF).

How much extra do parking spaces and dens cost at The Derby Tower?

Landlords place an implied premium of $0/month for dedicated parking stalls and $0/month for suites with a den.

How do asking rents at The Derby Tower compare to local and municipal benchmarks?

Asking rents at The Derby Tower ($3,300/month) are 20.7% higher than the Markham average ($2,734/month).

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
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
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)
2026-04-27125007503.3321
2026-04-28125007503.3322
2026-04-29125007503.3323
2026-04-30125007503.3324
2026-05-01125007503.3325
2026-05-02125007503.3326
2026-05-03125007503.3327
2026-06-261330015002.20N/A
2026-06-271330015002.201
2026-06-281330015002.202
2026-06-291330015002.203
2026-06-301330015002.204
2026-07-011330015002.205
2026-07-021330015002.206
2026-07-031330015002.207
2026-07-041330015002.208
2026-07-051330015002.209
2026-07-061330015002.2010
2026-07-071330015002.2011
2026-07-081330015002.2012
2026-07-091330015002.2013
2026-07-101330015002.2014
2026-07-111330015002.2015
2026-07-121330015002.2016
2026-07-131330015002.2017
2026-07-141330015002.2018
2026-07-151330015002.2019
2026-07-161330015002.2020
2026-07-171330015002.2021
2026-07-181330015002.2022
2026-07-191330015002.2023
2026-07-201330015002.2024
2026-07-211330015002.2025
2026-07-221330015002.2026
2026-07-231330015002.2027
2026-07-241330015002.2028
2026-07-251330015002.2029
2026-07-261330015002.2030
2026-07-271330015002.2031
2026-07-281330015002.2032
2026-07-291330015002.2033
2026-07-301330015002.2034
2026-07-311330015002.2035
2026-08-011330015002.2036
2026-08-021330015002.2037
2026-08-031330015002.2038
2026-08-041330015002.2039
2026-08-051330015002.2040
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2026-08-101330015002.2045
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2026-08-141330015002.2049
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2026-08-191330015002.2054
2026-08-201330015002.2055
2026-08-211330015002.2056
2026-08-221330015002.2057
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2026-08-241330015002.2059
2026-08-251330015002.2060
2026-08-261330015002.2061
2026-08-271330015002.2062
2026-08-281330015002.2063
2026-08-291330015002.2064
2026-08-301330015002.2065
2026-08-311330015002.2066
2026-09-011330015002.2067
2026-09-021330015002.2068
2026-09-031330015002.2069
2026-09-041330015002.2070
2026-09-051330015002.2071
2026-09-061330015002.2072
2026-09-071330015002.2073
2026-09-081330015002.2074
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2026-09-101330015002.2076
2026-09-111330015002.2077
2026-09-121330015002.2078
2026-09-131330015002.2079
2026-09-141330015002.2080
2026-09-151330015002.2081
2026-09-161330015002.2082
2026-09-171330015002.2083
2026-09-181330015002.2084
2026-09-191330015002.2085
2026-09-201330015002.2086
2026-09-211330015002.2087
2026-09-221330015002.2088
2026-09-231330015002.2089
2026-09-241330015002.2090
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2026-09-271330015002.2093
2026-09-281330015002.2094
2026-09-291330015002.2095
2026-09-301330015002.2096

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at The Derby Tower reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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)
2026-05-03125007503.3328

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at The Derby Tower with 6 tracked residential buildings in the immediate vicinity.

135 Pond Dr, Markham

Avg Asking$3,100/mo
Avg $/SF$2.96
Rent Spread:
-$200/mo (-6.1%) Lower

88 Times Ave, Markham

Avg Asking$2,710/mo
Avg $/SF$3.59
Rent Spread:
-$590/mo (-17.9%) Lower

51 Times Ave, Markham

Avg Asking$2,744/mo
Avg $/SF$3.22
Rent Spread:
-$556/mo (-16.9%) Lower

62 Suncrest Blvd, Markham

Avg Asking$2,303/mo
Avg $/SF$3.25
Rent Spread:
-$997/mo (-30.2%) Lower

398 Highway 7 E, Richmond Hill

Avg Asking$2,698/mo
Avg $/SF$3.46
Rent Spread:
-$602/mo (-18.2%) Lower

25 Times Ave, Markham

Avg Asking$2,900/mo
Avg $/SF$2.64
Rent Spread:
-$400/mo (-12.1%) Lower

Comparable Analysis & Questions

How do rental rates at The Derby Tower compare to neighbouring buildings within Markham West?

At $3,300/month ($2.20/SF), The Derby Tower maintains a competitive market position compared to surrounding properties.

Does The Derby Tower offer a competitive price-per-square-foot ($/SF) against local comparables?

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between The Derby Tower and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Derby Tower.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • EV Charging Station
  • Recreation Room

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Derby Tower.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.