Skip to Content
FastScreen Logo
FastScreen

Market Data as of August 31, 2026

Northgage Condos — Rental Market Data

16 Elgin Street, Markham, Ontario L3T 4T4
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$3,000/mo
Date Leased: May 13, 2026
Rent psf$2.73/sf
Turnover Velocity26 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1976
Total Suites212
DeveloperWinkuhl Construction Limited

Northgage Condos is a residential community located in Markham, Ontario. Completed in 1976, the property features an estimated 212 suites. The building currently features no active rental listings on record as of August 31, 2026.

Looking to compare? Explore more buildings in Thornhill
Quick Suite Rent Estimate

Get Monthly Rental Market Updates for Northgage Condos

Stay ahead of pricing shifts. Monthly summary of closed lease contracts, active asking rates, and available inventory direct to your inbox.

Strictly monthly updates. One-click unsubscribe at any time.

Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$3,000/mo
Date LeasedMay 13, 2026
Rent psf$2.73/sf
Turnover Velocity26 Days
Active Inventory Status0 Available

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Northgage Condos (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$4,500
Avg Suite Size400 sf
Avg Days on Market181d
Delisted $/SF$11.25

De-Listed Market Analysis & Questions

How many listings de-listed at Northgage Condos, and what was their re-listing price compared to previous asking?

During August 2026, 1 listings were withdrawn or terminated from the market. Re-listed suites returned with price adjustments aligning with local demand.

How do asking prices on de-listed suites compare to executed leases and active listings at Northgage Condos?

Withdrawn listings had an average asking rate of $4,500/month ($11.25/SF) prior to removal.

What market friction causes rental listings to stall or de-list at Northgage Condos?

Listings spent an average of 181 days on market prior to termination, indicating tenant price resistance on specific layouts.

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)
2026-04-27237507506.9947
2026-04-28237507506.9948
2026-04-29237507506.9949
2026-04-30237507506.9950
2026-05-01237507506.9951
2026-05-02237507506.9952
2026-05-03237507506.9953
2026-05-04237507506.9954
2026-05-05237507506.9955
2026-05-06237507506.9956
2026-05-07237507506.9957
2026-05-08237507506.9958
2026-05-09237507506.9959
2026-05-10237507506.9960
2026-05-11237507506.9961
2026-05-12237507506.9962
2026-05-131450040011.2599
2026-05-141450040011.25100
2026-05-151450040011.25101
2026-05-161450040011.25102
2026-05-171450040011.25103
2026-05-181450040011.25104
2026-05-191450040011.25105
2026-05-201450040011.25106
2026-05-211450040011.25107
2026-05-221450040011.25108
2026-05-231450040011.25109
2026-05-241450040011.25110
2026-05-251450040011.25111
2026-05-261450040011.25112
2026-05-271450040011.25113
2026-05-281450040011.25114
2026-05-291450040011.25115
2026-05-301450040011.25116
2026-05-311450040011.25117
2026-06-011450040011.25118
2026-06-021450040011.25119
2026-06-031450040011.25120
2026-06-041450040011.25121
2026-06-051450040011.25122
2026-06-061450040011.25123
2026-06-071450040011.25124
2026-06-081450040011.25125
2026-06-091450040011.25126
2026-06-101450040011.25127
2026-06-111450040011.25128
2026-06-121450040011.25129
2026-06-131450040011.25130
2026-06-141450040011.25131
2026-06-151450040011.25132
2026-06-161450040011.25133
2026-06-171450040011.25134
2026-06-181450040011.25135
2026-06-191450040011.25136
2026-06-201450040011.25137
2026-06-211450040011.25138
2026-06-221450040011.25139
2026-06-231450040011.25140
2026-06-241450040011.25141
2026-06-251450040011.25142
2026-06-261450040011.25143
2026-06-271450040011.25144
2026-06-281450040011.25145
2026-06-291450040011.25146
2026-06-301450040011.25147
2026-07-011450040011.25148
2026-07-021450040011.25149
2026-07-031450040011.25150
2026-07-041450040011.25151
2026-07-051450040011.25152
2026-07-061450040011.25153
2026-07-071450040011.25154
2026-07-081450040011.25155
2026-07-091450040011.25156
2026-07-101450040011.25157
2026-07-111450040011.25158
2026-07-121450040011.25159
2026-07-131450040011.25160
2026-07-141450040011.25161
2026-07-151450040011.25162
2026-07-161450040011.25163
2026-07-171450040011.25164
2026-07-181450040011.25165
2026-07-191450040011.25166
2026-07-201450040011.25167
2026-07-211450040011.25168
2026-07-221450040011.25169
2026-07-231450040011.25170
2026-07-241450040011.25171
2026-07-251450040011.25172
2026-07-261450040011.25173
2026-07-271450040011.25174
2026-07-281450040011.25175
2026-07-291450040011.25176
2026-07-301450040011.25177
2026-07-311450040011.25178
2026-08-011450040011.25179
2026-08-021450040011.25180

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Northgage Condos 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)
2026-05-101280011002.5526

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 Northgage Condos with 6 tracked residential buildings in the immediate vicinity.

Northgage Condos79 m

16B Elgin Street, Markham

Avg Asking$3,150/mo
Avg $/SF$2.86
Rent Spread:
N/A
16a Elgin Street79 m

16a Elgin Street, Markham

Avg Asking$3,000/mo
Avg $/SF$2.73
Rent Spread:
N/A
WaterGarden169 m

7608 Yonge St, Vaughan

Avg Asking$2,438/mo
Avg $/SF$3.80
Rent Spread:
N/A
Thornlea Place Condominium Residences188 m

180 Dudley Avenue, Markham

Avg Asking$2,600/mo
Avg $/SF$2.73
Rent Spread:
N/A
Central Park on Yonge II294 m

7398 Yonge St, Vaughan

Avg Asking$2,400/mo
Avg $/SF$3.20
Rent Spread:
N/A
Crystal Palace Condo348 m

7451 Yonge Street, Markham

Avg Asking$2,730/mo
Avg $/SF$2.40
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Northgage Condos compare to neighbouring buildings within Thornhill?

At $0/month ($0.00/SF), Northgage Condos maintains a competitive market position compared to surrounding properties.

Does Northgage Condos 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 Northgage Condos and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Northgage Condos.

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Northgage Condos.

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.