Union - Building A — Rental Market Data

Union – Building A carries one active listing as of August 31, 2026, asking $2,750 per month with both the average and median rent at that single figure. The suite spans 850 square feet at $3.24 per square foot, and the 100 percent layout share is a two-bedroom configuration. With only one unit on the market, inventory is neither compact entry-level nor multi-bedroom executive in character; it is a single mid-size two-bedroom offering that sits above the building's historical lease average of 783 square feet.

The sole active layout at Union – Building A is a two-bedroom unit, accounting for 100 percent of current inventory with one listing at $2,750 per month. That single suite measures 850 square feet and carries a rate of $3.24 per square foot. No one-bedroom, studio, or three-bedroom tiers are currently available, so renters seeking alternative bedroom counts must look to other Markham East buildings.

Union – Building A's active pricing spread is effectively zero: the minimum and maximum asking rents are both $2,750 per month, producing a $0 dollar spread and 0 percent spread across the single available unit. The entry-level and peak suite are the same two-bedroom, 850-square-foot layout priced at $3.24 per square foot. With only one listing, there is no internal price gradient to navigate, and the median asking rent of $2,750 per month is the sole data point for budgeting purposes.

Union – Building A does not have a quantified den premium or square-footage delta for active listings, as the single available unit is a standard two-bedroom without a separate den configuration. Marginal cost per square foot for additional den space therefore cannot be calculated from current inventory. Parking stall costs at this building also cannot be reliably isolated from the available data; the paired sample is insufficient to quote a verified monthly premium, and no figure should be assumed without direct confirmation from the leasing office.

Union – Building A's active asking rent of $2,750 per month and $3.24 per square foot compare to the Markham East submarket averages of $2,465 per month and $3.28 per square foot, placing the building 1.2 percent below the submarket rate per square foot. The nominal rent is $285 above the submarket asking average, but that gap is explained by the active suite's 850-square-foot footprint versus the smaller units typically driving submarket averages. Union – Building A holds one out of 26 active listings in Markham East, a 3.8 percent share of the submarket's available inventory.

Union - Building A's average realized lease rent of $2,417 per month runs $62 above the four-comp benchmark of $2,355, driven primarily by its larger suite footprint rather than a per-unit valuation premium. Union - Building B (1 Climo Ln, 0.05 km, 5 closed leases) averaged $2,400 per month at $3.26 per square foot across 762 square feet, placing the subject $17 higher on a nominal basis. Art House Condos (9582 Markham Rd, 0.11 km, 12 closed leases) realized $2,141 per month at $3.46 per square foot over 623 square feet, meaning the subject commands $276 more in monthly rent. The Mark (9560 Markham Rd, 0.19 km, 15 closed leases) closed at $2,353 per month, $3.53 per square foot, and 675 square feet, with the subject $64 higher. The Upper Village - South Tower (9500 Markham Rd, 0.37 km, 9 closed leases) averaged $2,525 per month at $3.15 per square foot across 829 square feet, making the subject $108 lower in nominal rent.

Union - Building A leases at $3.08 per square foot across an average 783-square-foot suite, a combination that undercuts every active competitor on a per-square-foot basis while delivering more interior space than three of the four peers. Against Union - Building B, the subject trades at a $0.18 per square foot (5.5 percent) discount while providing 21 more interior square feet, so the $17 higher nominal rent reflects the additional footprint rather than a rate premium. Versus Art House Condos, the subject offers a $0.38 per square foot (11.0 percent) discount and 160 more square feet; the $276 higher monthly rent is entirely a function of the larger suite, not a per-unit valuation advantage. The Mark presents the steepest per-square-foot gap at a $0.45 per square foot (12.7 percent) discount with 108 additional square feet, again making the $64 nominal premium a space-driven outcome. The Upper Village - South Tower is the one comp where the subject provides 46 fewer interior square feet and trades at a $0.07 per square foot (2.2 percent) discount, resulting in a $108 lower monthly rent that tracks directly with the smaller footprint.

Union - Building A offers a single common facility—Concierge & Security—making it a no-frills, low-maintenance residential building that appeals to cost-conscious renters prioritizing suite size and per-square-foot value over lifestyle programming. Union - Building B, its same-generation twin at 1 Climo Ln, likewise provides zero common amenities, confirming a deliberate lean-operating model across the Union pair. By contrast, Art House Condos fields 13 amenities including an indoor pool, sauna and steam room, gym, digital arts centre, and culinary arts room; The Mark adds a rooftop terrace, pet wash station, tai chi studio, and games room to its 11-amenity package; and The Upper Village - South Tower layers in a yoga studio, rooftop terrace, and media theatre across nine facilities. Tenants choosing Union - Building A trade away aquatic, fitness, and social-lounge programming in exchange for a 783-square-foot interior at a rate $0.27 to $0.45 per square foot below these amenity-rich peers—a package best suited to professionals and small households who value generous living space and predictable operating costs over resort-style common areas.