Uptown Markham - Riverwalk East Building A — Rental Market Data

Uptown Markham – Riverwalk East Building A lists three active units as of August 31, 2026, with asking rents ranging from $2,250 to $2,500 per month, an average of $2,350 and a median of $2,300. The mean listing footprint is 617 square feet at an asking rate of $3.83 per square foot, and the dominant layout is the one-bedroom at 66.7 percent of active inventory. Current availability skews toward compact entry-level one-bedroom suites rather than multi-bedroom executive configurations, with the sole den unit representing the only step-up option in the active pool.

The one-bedroom layout dominates active inventory at two units, or 66.7 percent of available listings, averaging $2,400 per month across 600 square feet at $4.01 per square foot. The one-bedroom-plus-den tier holds a single listing at $2,250 per month for 650 square feet, translating to $3.46 per square foot. With only three total units on the market, renters face a constrained selection that offers no two-bedroom or larger configurations at this time.

Uptown Markham – Riverwalk East Building A spans a $250 asking spread, from a $2,250 entry point to a $2,500 peak, representing an 11.1 percent range. The median asking rent sits at $2,300 per month. The entry-level suite is a one-bedroom-plus-den at 650 square feet and $3.46 per square foot, while the peak listing is a one-bedroom at 650 square feet and $3.85 per square foot, meaning the higher-priced unit trades a smaller den for a steeper per-square-foot rate.

Uptown Markham – Riverwalk East Building A's active den premium is unquantified in a conventional sense: the one den listing actually asks $150 less per month than the comparable one-bedroom tier for 50 additional square feet, yielding a marginal cost of negative $3 per square foot for the extra den space. Active parking stall premiums cannot be reliably isolated from the current data due to an insufficient paired sample, so no verified monthly parking fee can be quoted for these listings.

Uptown Markham – Riverwalk East Building A's active asking average of $2,350 per month sits below the Markham City Centre submarket asking benchmark of $2,711 per month, yet its $3.83 per square foot rate exceeds the submarket asking rate of $3.58 per square foot by 7 percent. The nominal rent gap resolves through suite sizing: Riverwalk East's 617-square-foot mean footprint is more compact than the submarket average, so the per-square-foot premium reflects a denser, smaller-unit product rather than a luxury rent premium. The building accounts for three out of 96 active listings in the Markham City Centre submarket, representing roughly 3 percent of total available inventory.

Uptown Markham – Riverwalk East Building A realized an average lease rent of $2,464 per month over its all-time closed transactions, sitting $25 above the four-comp benchmark of $2,439 and below the submarket average of $2,500. Against Uptown Markham – Riverwalk East Building B at 28 Uptown Dr (0.07 km, 14 closed leases, $2,475 average rent, $3.40 per square foot, 745 sq ft), the subject trades at a $11 lower monthly rent. Uptown Markham – River Park B at 1 Uptown Dr (0.09 km, 14 closed leases, $2,504 average rent, $3.63 per square foot, 704 sq ft) commands a $40 higher monthly rent than the subject. Riverside Building A at 15 Water Walk Dr (0.12 km, 35 closed leases, $2,497 average rent, $3.68 per square foot, 697 sq ft) runs $33 above the subject's realized rent. Uptown Markham – River Park C at 8228 Birchmount Rd (0.14 km, 13 closed leases, $2,281 average rent, $3.53 per square foot, 650 sq ft) is the outlier: the subject commands a $183 higher monthly rent than this comp. All four competitors recorded active closed-lease volume over the trailing 180 days, so every figure above reflects realized transaction pricing rather than asking-only data.

The subject's all-time leased rate of $3.50 per square foot across an average 705 square feet undercuts the four-comp benchmark of $3.56 per square foot and 699 square feet, delivering a larger interior footprint at a more competitive per-square-foot rate than three of the four active peers. Against Riverwalk East Building B (745 sq ft at $3.40 per square foot), the subject commands a $0.10 per square foot (2.9%) premium while providing 40 fewer interior square feet, meaning the higher per-square-foot rate is offset by a smaller suite and the net monthly rent actually lands $11 below the comp. Versus River Park B (704 sq ft at $3.63 per square foot), the subject trades at a $0.13 per square foot (3.6%) discount and provides 1 more interior square foot, so the renter gains both a lower rate and marginally more space for $40 less per month. Riverside Building A (697 sq ft at $3.68 per square foot) presents the widest per-square-foot gap: the subject offers a $0.18 per square foot (4.9%) discount with 8 more interior square feet, translating to a $33 lower monthly rent. River Park C (650 sq ft at $3.53 per square foot) is the one comp where the subject's nominal rent runs $183 higher, yet the subject still trades at a $0.03 per square foot (0.8%) discount and provides 55 more interior square feet—the higher headline rent is entirely a function of the larger footprint rather than a per-square-foot premium.

Uptown Markham – Riverwalk East Building A offers a ten-feature lifestyle package anchored by an indoor pool, dining room and kitchen, garden and courtyard, and media and theatre room, positioning it as a full-service residential building rather than a no-frills option. The subject's indoor pool distinguishes it from Riverside Building A, which substitutes an outdoor pool, and its dining room and kitchen are absent from both River Park B and River Park C. The garden and courtyard at the subject is not replicated in Buildings B, River Park B, or River Park C, while the media and theatre room is missing from Riverside Building A. Conversely, all four competitors include a rooftop terrace that the subject does not offer, and River Park B and River Park C add sauna and steam rooms, a business centre, and children's play areas that the subject lacks. The primary renter demographic best served by this package is the young professional or small household seeking an indoor aquatic facility, a shared dining and social kitchen, and an outdoor courtyard for casual gatherings—tenants who prioritize a balanced indoor-outdoor lifestyle over specialized wellness or co-working amenities.