Market Data as of August 31, 2026
Uptown Markham - Riverview B — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Uptown Markham – Riverview B at 18 Water Walk Dr in Markham City Centre is a 308-suite residential tower completed in 2023 by Times Group, currently showing two active listings against a 0.6 percent availability rate. Leasing momentum remains strong: the building closed ten leases in the past thirty days at an average of $2,618 per month with a nineteen-day average time on market, and twenty-one leases over the trailing ninety days at $2,654 per month with a seventeen-day average DOM.
The two active suites are both 2-Bedroom + Den configurations averaging 1,075 square feet at $3,700 per month, translating to $3.44 per square foot. That rate sits below the building's own realized ninety-day lease average of $3.51 per square foot and under the submarket asking benchmark of $3.58 per square foot, meaning the higher nominal monthly outlay compared to the submarket average of $2,711 is driven entirely by the larger suite footprints rather than a premium per-unit pricing strategy. Historical leases averaged 811 square feet, so current inventory skews toward larger executive layouts compared to the one-bedroom-plus-den units that dominated past closings.
Marketing friction is modest but present: delisted units sat an average of thirty-nine days on market versus nineteen days for successfully leased suites, a twenty-day excess that signals overpricing rather than demand weakness. Unrented units asked an average of $3,025 per month, which is $407 above the realized thirty-day lease average of $2,618, confirming that the gap was pricing-driven. On the negotiation side, tenants captured an average discount of $30 per month (1.07 percent below asking), with forty percent of leases closing under the listed rate. Active inventory depth is limited to a single layout tier—two 2-Bedroom + Den units—leaving no one-bedroom or three-bedroom options currently on the market.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Uptown Markham - Riverview B as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Uptown Markham - Riverview B recently?
Uptown Markham – Riverview B holds two active listings as of August 31, 2026, spanning a price range of $3,400 to $4,000 per month with an average asking rent of $3,700 and a median of $3,700. Both suites average 1,075 square feet at $3.44 per square foot, and the entire active inventory is concentrated in the 2-Bedroom + Den tier at a one-hundred-percent share. Current availability leans exclusively toward larger executive layouts rather than compact entry-level one-bedroom suites, which dominated the building's historical leasing activity.
What floor plans and unit layouts are currently available at Uptown Markham - Riverview B?
The sole active layout at Uptown Markham – Riverview B is the 2-Bedroom + Den, accounting for both listings and a one-hundred-percent share of current inventory. The two units average $3,700 per month across 1,075 square feet at $3.44 per square foot, with the lower-priced suite at $3,400 for 1,050 square feet ($3.24 per square foot) and the higher-priced unit at $4,000 for 1,100 square feet ($3.64 per square foot). No one-bedroom, two-bedroom without den, or three-bedroom tiers currently have available units.
What is the average asking rent and $/SF by suite size at Uptown Markham - Riverview B?
Uptown Markham – Riverview B offers an active asking spread of $600 per month (17.6 percent), ranging from a minimum entry rent of $3,400 to a peak asking rent of $4,000. The median asking rent sits at $3,700, splitting the range cleanly. The entry-level suite is a 2-Bedroom + Den at 1,050 square feet priced at $3.24 per square foot, while the peak suite is a 2-Bedroom + Den at 1,100 square feet priced at $3.64 per square foot, a fifty-square-foot difference driving the full dollar spread.
How much extra do parking spaces and dens cost at Uptown Markham - Riverview B?
Uptown Markham – Riverview B does not currently have a quantifiable den premium or square-footage delta between den and non-den configurations, as both active listings include a den and no paired comparison exists. Marginal cost per square foot for additional den space therefore cannot be isolated from the available data. Parking stall premiums also cannot be reliably determined from current listings, and no verified historical parking benchmark exists in the building's lease records.
How do asking rents at Uptown Markham - Riverview B compare to local and municipal benchmarks?
Uptown Markham – Riverview B asks an average of $3,700 per month at $3.44 per square foot, compared to the Markham City Centre submarket asking average of $2,711 per month at $3.58 per square foot. The building's nominal rent is higher, but that gap is fully explained by suite size: active listings average 1,075 square feet versus the smaller footprints implied by the submarket average, and the building's rate per square foot actually runs 3.9 percent below the submarket asking benchmark. The two active listings represent a small slice of the broader market, with Uptown Markham – Riverview B holding two out of ninety-six total active listings in Markham City Centre.
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 - Riverview B (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Uptown Markham - Riverview B last month, and how fast did they rent?
Uptown Markham – Riverview B closed leases in an average of 19 days over the trailing 30 days and 17 days over the trailing 90 days, both well under the Markham City Centre submarket benchmark of 27 days. The building logged 10 closed leases in the last 30 days, 21 in the last 90 days, and 25 lifetime, showing leasing turnover accelerated sharply into summer. The jump from 2 deals in June to 9 in July and 10 in August signals a clear seasonal pickup rather than a steady drip.
What is the negotiation spread between asking rents and closed lease prices at Uptown Markham - Riverview B?
Uptown Markham – Riverview B tenants negotiated an average discount of $30 per month (1.07% below asking), translating to $360 in annual savings per lease. Forty percent of all closed leases settled under the listed asking price, confirming measurable tenant leverage in this submarket. The remaining 60% closed at or near asking, so landlord concessions were modest but consistent enough to register as a tenant-favorable trend.
What are typical executed lease prices across different layouts at Uptown Markham - Riverview B?
The two highest-volume anchor layouts at Uptown Markham – Riverview B are the 1-Bedroom + Den at $2,455 per month (16-day average DOM) and the 2-Bedroom + Den at $3,179 per month (17-day average DOM). The 1-Bedroom tier closed 4 leases averaging $2,413 per month (median $2,425, P25–P75 range $2,388–$2,450) across 650 square feet at $3.71 per square foot with a 15-day DOM; this is a limited sample of four deals and serves as a directional reference only. The 2-Bedroom tier closed 4 leases averaging $2,945 per month (median $2,940, P25–P75 range $2,900–$2,985) across 838 square feet at $3.52 per square foot with a 21-day DOM; likewise a small sample of four deals for directional guidance. The 1-Bedroom + Den benchmark rests on 10 closed leases (median $2,450, P25–P75 $2,412–$2,488) across 670 square feet at $3.68 per square foot, a statistically robust figure. The 2-Bedroom + Den benchmark rests on 7 closed leases (median $3,200, P25–P75 $3,100–$3,250) across 1,091 square feet at $2.92 per square foot, a solid moderate-sample benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Uptown Markham - Riverview B?
Uptown Markham – Riverview B does not have sufficient paired lease data to isolate a reliable parking premium per month. Active listings also show an unreliable or insufficient sample for parking pricing, so no defensible dollar figure can be quoted. Tenants in this building should treat parking as a separately negotiated line item rather than a bundled standard, and verify any quoted rate against the condo corporation's published schedule.
How does the lease-to-listing ratio at Uptown Markham - Riverview B reflect current tenant demand?
Uptown Markham – Riverview B rents trended downward from spring through late summer, falling from $2,900 in April to $2,618 in August. April saw 1 closed deal at $2,900 per month ($3.41 per square foot, 31-day DOM). May closed 3 deals averaging $3,200 per month ($2.97 per square foot, 13-day DOM). June logged 2 deals at $2,425 per month ($3.73 per square foot, 11-day DOM). July accelerated to 9 deals at $2,744 per month ($3.44 per square foot, 15-day DOM). August closed 10 deals at $2,618 per month ($3.54 per square foot, 19-day DOM). The volume surge in July and August came alongside a modest rent softening, suggesting landlords traded a small price concession for faster placement.
De-Listed & Terminated Rental Market Dynamics
Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Uptown Markham - Riverview B (Data period: For the month of August 2026).
De-Listed Market Analysis & Questions
How many listings de-listed at Uptown Markham - Riverview B, and what was their re-listing price compared to previous asking?
Uptown Markham – Riverview B pulled 2 listings from the market, split between 1 terminated and 1 expired, with no suspended units. That represents a delisted-to-leased ratio of 20% relative to the 10 leases closed in the trailing 30 days. Two unrented listings against ten recent leases is a modest friction signal, not a systemic vacancy carry problem, but it does flag that a subset of asking prices sat above what tenants would absorb.
How do asking prices on de-listed suites compare to executed leases and active listings at Uptown Markham - Riverview B?
Uptown Markham – Riverview B unrented units asked an average of $3,025 per month, which is $407 per month (15.5%) ABOVE the realized lease average of $2,618 per month. The delisted rate per square foot averaged $3.55 versus $3.54 for closed leases, a near-identical unit rate that confirms the gap is driven by overpricing on the dollar figure rather than a footprint mismatch. These two listings were directly overpriced relative to what tenants actually paid in the same building during the same window.
What market friction causes rental listings to stall or de-list at Uptown Markham - Riverview B?
Uptown Markham – Riverview B delisted units sat on the market for an average of 39 days, compared to 19 days for realized leases in the trailing 30 days. That 20-day excess translates to roughly $2,017 in lost rent per unit (at the $3,025 asking rate) plus ongoing condo maintenance fees during the vacancy carry. Against the lifetime lease DOM of 17 days, the excess stretches to 22 days, reinforcing that the overpriced listings simply could not find a tenant at the listed figure within a normal leasing cycle.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 4 | 2875 | 859 | 3.46 | 10 |
| 2026-04-28 | 4 | 2875 | 859 | 3.46 | 11 |
| 2026-04-29 | 4 | 2875 | 859 | 3.46 | 12 |
| 2026-04-30 | 4 | 2875 | 859 | 3.46 | 13 |
| 2026-05-01 | 4 | 2875 | 859 | 3.46 | 14 |
| 2026-05-02 | 4 | 2875 | 859 | 3.46 | 15 |
| 2026-05-03 | 4 | 2875 | 859 | 3.46 | 16 |
| 2026-05-04 | 4 | 2875 | 859 | 3.46 | 17 |
| 2026-05-05 | 4 | 2875 | 859 | 3.46 | 18 |
| 2026-05-06 | 4 | 2875 | 859 | 3.46 | 19 |
| 2026-05-07 | 4 | 2875 | 859 | 3.46 | 20 |
| 2026-05-08 | 4 | 2875 | 859 | 3.46 | 21 |
| 2026-05-09 | 4 | 2875 | 859 | 3.46 | 22 |
| 2026-05-10 | 3 | 2767 | 778 | 3.64 | 26 |
| 2026-05-11 | 4 | 2695 | 746 | 3.68 | 21 |
| 2026-05-12 | 4 | 2695 | 746 | 3.68 | 22 |
| 2026-05-13 | 4 | 2695 | 746 | 3.68 | 23 |
| 2026-05-14 | 5 | 2806 | 817 | 3.54 | 19 |
| 2026-05-15 | 4 | 2695 | 746 | 3.68 | 25 |
| 2026-05-16 | 3 | 2510 | 650 | 3.86 | 26 |
| 2026-05-17 | 3 | 2510 | 650 | 3.86 | 27 |
| 2026-05-18 | 3 | 2510 | 650 | 3.86 | 28 |
| 2026-05-19 | 3 | 2510 | 650 | 3.86 | 29 |
| 2026-05-20 | 3 | 2510 | 650 | 3.86 | 30 |
| 2026-05-21 | 3 | 2510 | 650 | 3.86 | 31 |
| 2026-05-22 | 3 | 2510 | 650 | 3.86 | 32 |
| 2026-05-23 | 3 | 2510 | 650 | 3.86 | 33 |
| 2026-05-24 | 3 | 2510 | 650 | 3.86 | 34 |
| 2026-05-25 | 3 | 2510 | 650 | 3.86 | 35 |
| 2026-05-26 | 4 | 2833 | 763 | 3.76 | 27 |
| 2026-05-27 | 5 | 2916 | 830 | 3.60 | 22 |
| 2026-05-28 | 5 | 2916 | 830 | 3.60 | 23 |
| 2026-05-29 | 5 | 2916 | 830 | 3.60 | 24 |
| 2026-05-30 | 5 | 2916 | 830 | 3.60 | 25 |
| 2026-05-31 | 5 | 2916 | 830 | 3.60 | 26 |
| 2026-06-01 | 5 | 2916 | 830 | 3.60 | 27 |
| 2026-06-02 | 5 | 2916 | 830 | 3.60 | 28 |
| 2026-06-03 | 5 | 2916 | 830 | 3.60 | 29 |
| 2026-06-04 | 5 | 2916 | 830 | 3.60 | 30 |
| 2026-06-05 | 5 | 2916 | 830 | 3.60 | 31 |
| 2026-06-06 | 5 | 2916 | 830 | 3.60 | 32 |
| 2026-06-07 | 4 | 3020 | 875 | 3.54 | 27 |
| 2026-06-08 | 4 | 3020 | 875 | 3.54 | 28 |
| 2026-06-09 | 4 | 3020 | 875 | 3.54 | 29 |
| 2026-06-10 | 4 | 3020 | 875 | 3.54 | 30 |
| 2026-06-11 | 4 | 3020 | 875 | 3.54 | 31 |
| 2026-06-12 | 4 | 3020 | 875 | 3.54 | 32 |
| 2026-06-13 | 4 | 3020 | 875 | 3.54 | 33 |
| 2026-06-14 | 4 | 3020 | 875 | 3.54 | 34 |
| 2026-06-15 | 4 | 3020 | 875 | 3.54 | 35 |
| 2026-06-16 | 5 | 2906 | 830 | 3.58 | 28 |
| 2026-06-17 | 6 | 2838 | 800 | 3.63 | 25 |
| 2026-06-18 | 6 | 2838 | 800 | 3.63 | 26 |
| 2026-06-19 | 6 | 2838 | 800 | 3.63 | 27 |
| 2026-06-20 | 6 | 2838 | 800 | 3.63 | 28 |
| 2026-06-21 | 6 | 2838 | 800 | 3.63 | 29 |
| 2026-06-22 | 8 | 2729 | 763 | 3.64 | 22 |
| 2026-06-23 | 8 | 2729 | 763 | 3.64 | 23 |
| 2026-06-24 | 8 | 2729 | 763 | 3.64 | 24 |
| 2026-06-25 | 8 | 2729 | 763 | 3.64 | 25 |
| 2026-06-26 | 8 | 2729 | 763 | 3.64 | 26 |
| 2026-06-27 | 8 | 2729 | 763 | 3.64 | 27 |
| 2026-06-28 | 8 | 2729 | 763 | 3.64 | 28 |
| 2026-06-29 | 8 | 2741 | 763 | 3.66 | 28 |
| 2026-06-30 | 6 | 2613 | 725 | 3.68 | 31 |
| 2026-07-01 | 8 | 2704 | 763 | 3.63 | 24 |
| 2026-07-02 | 8 | 2688 | 763 | 3.60 | 18 |
| 2026-07-03 | 9 | 2711 | 772 | 3.58 | 17 |
| 2026-07-04 | 9 | 2711 | 772 | 3.58 | 18 |
| 2026-07-05 | 10 | 2745 | 805 | 3.50 | 17 |
| 2026-07-06 | 12 | 2783 | 817 | 3.50 | 15 |
| 2026-07-07 | 11 | 2809 | 832 | 3.47 | 16 |
| 2026-07-08 | 11 | 2809 | 832 | 3.47 | 17 |
| 2026-07-09 | 9 | 2789 | 822 | 3.48 | 7 |
| 2026-07-10 | 10 | 2765 | 805 | 3.52 | 8 |
| 2026-07-11 | 8 | 2713 | 788 | 3.53 | 9 |
| 2026-07-12 | 9 | 2683 | 772 | 3.55 | 8 |
| 2026-07-13 | 10 | 2665 | 760 | 3.58 | 9 |
| 2026-07-14 | 10 | 2665 | 760 | 3.58 | 10 |
| 2026-07-15 | 7 | 2671 | 743 | 3.65 | 11 |
| 2026-07-16 | 8 | 2644 | 744 | 3.60 | 11 |
| 2026-07-17 | 8 | 2644 | 744 | 3.60 | 12 |
| 2026-07-18 | 8 | 2644 | 744 | 3.60 | 13 |
| 2026-07-19 | 8 | 2644 | 744 | 3.60 | 14 |
| 2026-07-20 | 9 | 2633 | 733 | 3.63 | 13 |
| 2026-07-21 | 9 | 2633 | 733 | 3.63 | 14 |
| 2026-07-22 | 9 | 2633 | 733 | 3.63 | 15 |
| 2026-07-23 | 7 | 2704 | 757 | 3.62 | 12 |
| 2026-07-24 | 7 | 2704 | 757 | 3.62 | 13 |
| 2026-07-25 | 7 | 2704 | 757 | 3.62 | 14 |
| 2026-07-26 | 7 | 2704 | 757 | 3.62 | 15 |
| 2026-07-27 | 7 | 2704 | 757 | 3.62 | 16 |
| 2026-07-28 | 7 | 2704 | 757 | 3.62 | 17 |
| 2026-07-29 | 8 | 2741 | 763 | 3.64 | 16 |
| 2026-07-30 | 8 | 2741 | 763 | 3.64 | 17 |
| 2026-07-31 | 8 | 2741 | 763 | 3.64 | 18 |
| 2026-08-01 | 9 | 2792 | 800 | 3.56 | 17 |
| 2026-08-02 | 9 | 2792 | 800 | 3.56 | 18 |
| 2026-08-03 | 9 | 2792 | 800 | 3.56 | 19 |
| 2026-08-04 | 9 | 2781 | 800 | 3.54 | 17 |
| 2026-08-05 | 9 | 2770 | 811 | 3.47 | 16 |
| 2026-08-06 | 7 | 2876 | 843 | 3.47 | 17 |
| 2026-08-07 | 6 | 2947 | 875 | 3.42 | 20 |
| 2026-08-08 | 4 | 3170 | 963 | 3.34 | 18 |
| 2026-08-09 | 4 | 3170 | 963 | 3.34 | 19 |
| 2026-08-10 | 4 | 3170 | 963 | 3.34 | 20 |
| 2026-08-11 | 3 | 3227 | 1017 | 3.20 | 23 |
| 2026-08-12 | 3 | 3033 | 950 | 3.26 | 18 |
| 2026-08-13 | 3 | 3033 | 950 | 3.26 | 19 |
| 2026-08-14 | 3 | 3033 | 950 | 3.26 | 20 |
| 2026-08-15 | 3 | 3033 | 950 | 3.26 | 21 |
| 2026-08-16 | 3 | 3033 | 950 | 3.26 | 22 |
| 2026-08-17 | 4 | 3125 | 975 | 3.26 | 17 |
| 2026-08-18 | 5 | 3300 | 1000 | 3.33 | 14 |
| 2026-08-19 | 5 | 3300 | 1000 | 3.33 | 15 |
| 2026-08-20 | 5 | 3300 | 1000 | 3.33 | 16 |
| 2026-08-21 | 5 | 3300 | 1000 | 3.33 | 17 |
| 2026-08-22 | 5 | 3300 | 1000 | 3.33 | 18 |
| 2026-08-23 | 5 | 3300 | 1000 | 3.33 | 19 |
| 2026-08-24 | 5 | 3300 | 1000 | 3.33 | 20 |
| 2026-08-25 | 3 | 3633 | 1083 | 3.35 | 23 |
| 2026-08-26 | 3 | 3633 | 1083 | 3.35 | 24 |
| 2026-08-27 | 3 | 3633 | 1083 | 3.35 | 25 |
| 2026-08-28 | 3 | 3633 | 1083 | 3.35 | 26 |
| 2026-08-29 | 3 | 3633 | 1083 | 3.35 | 27 |
| 2026-08-30 | 3 | 3633 | 1083 | 3.35 | 28 |
| 2026-08-31 | 2 | 3700 | 1075 | 3.44 | 14 |
12-Month Market Dynamics & Trend Trajectory
Uptown Markham – Riverview B has closed 25 leases since its December 2023 registration, averaging $2,729 per month at $3.44 per square foot across an average suite size of 811 square feet. The lifetime average DOM stands at 17 days, and the building's 308-suite inventory shows a 0.6% availability rate, indicating the property is essentially fully occupied with minimal vacancy carry. Tenant turnover has been steady, with the bulk of volume concentrated in the April-to-August 2026 window. On pricing discipline, 40% of all closed leases settled below the listed asking price, with tenants capturing an average $30 per month (1.07%) concession. The net negotiation spread of -$30 per month is a landlord concession, not a premium, and annualizes to $360 in tenant savings per lease. The remaining 60% of transactions closed at or near asking, so the building's pricing was broadly competitive but left a small, consistent margin for tenant negotiation.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-10 | 3 | 3200 | 1078 | 2.97 | 13 |
| 2026-05-17 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-24 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 2 | 2425 | 650 | 3.73 | 11 |
| 2026-07-05 | 4 | 2850 | 875 | 3.36 | 20 |
| 2026-07-12 | 3 | 2650 | 800 | 3.44 | 9 |
| 2026-07-19 | 2 | 2675 | 750 | 3.59 | 15 |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 6 | 2450 | 683 | 3.60 | 20 |
| 2026-08-09 | 2 | 2990 | 825 | 3.63 | 17 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 2 | 2750 | 875 | 3.26 | 19 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Uptown Markham – Riverview B at 18 Water Walk Dr sits in a tightly clustered competitive set of four nearby buildings within 130 metres, all registered under the Times Group Uptown Markham master plan. The closest rival, Riverview A at 8 Water Walk Dr (0.07 km), completed in 2023 alongside the subject, recorded 28 closed leases over the trailing 180 days. Riverview C at 38 Water Walk Dr (0.11 km), also a 2023 completion, logged 26 closed leases in the same window. The two Riverside towers—Building A at 15 Water Walk Dr (0.12 km) and Building B at 25 Water Walk Dr (0.13 km)—both finished in 2018, making them roughly five years older than the subject, and together generated 50 closed leases over the past 180 days (35 and 15 respectively). The structural generation split is clear: the three Riverview buildings represent a single 2023 delivery wave, while the Riverside pair reflects an earlier 2018 build-out with a more conventional amenity mix. Across the four comparables, the micro-market averages $2,605 in monthly rent, $3.65 per square foot, and 733 square feet of suite space. Uptown Markham – Riverview B leases at an all-time average of $2,729 per month on 811 square feet of interior space, which works out to $3.44 per square foot—roughly 5 to 6.5 percent below every individual comp on a per-square-foot basis. The subject therefore offers a larger-than-average footprint relative to the comp set while trading at a modest per-square-foot discount, positioning it as the value-oriented option for renters who prioritise interior space over the premium rate structure seen at Riverview A and the Riverside towers.
18 Uptown Dr, Markham
Comparable Analysis & Questions
How do rental rates at Uptown Markham - Riverview B compare to neighbouring buildings within Markham City Centre?
Uptown Markham – Riverview B carries an all-time average lease rent of $2,729 per month, which sits $124 above the four-comp average of $2,605 but below the top benchmark set by Riverview A at 8 Water Walk Dr ($2,908). Riverview C at 38 Water Walk Dr leases at $2,574 per month on 721 square feet at $3.65 per square foot, while the older Riverside pair prices lower still: Building A at 15 Water Walk Dr averages $2,497 on 697 square feet ($3.68 per square foot), and Building B at 25 Water Walk Dr averages $2,442 on 680 square feet ($3.64 per square foot). The subject's $2,729 figure thus falls between the two 2023 Riverview towers and roughly $230 to $290 above the 2018 Riverside buildings, reflecting its newer construction and larger suite sizes.
Does Uptown Markham - Riverview B offer a competitive price-per-square-foot ($/SF) against local comparables?
Uptown Markham – Riverview B delivers 811 square feet of average suite space at $3.44 per square foot, a rate that undercuts every nearby comparable on a per-square-foot basis while offering more interior area than three of the four competitors. Against Riverview A (833 sq ft at $3.62/sq ft), the subject provides 22 fewer square feet but saves roughly $0.18 per square foot; against Riverview C (721 sq ft at $3.65/sq ft), the subject adds 90 square feet at a $0.21 per-square-foot discount; and against both Riverside towers (697 and 680 sq ft at $3.68 and $3.64 per square foot respectively), the subject delivers 114 to 131 additional square feet while still pricing below their per-square-foot rates. The practical trade-off for a renter is straightforward: you gain meaningful interior space over the 2018 Riverside buildings and Riverview C, pay a slightly lower rate per square foot than all four comps, and accept a modestly smaller footprint than the single larger Riverview A unit.
How do building age, amenities, and developer reputation impact rent spreads?
Uptown Markham – Riverview B offers a lifestyle package that extends beyond the standard fitness-and-pool formula found at its immediate neighbours, particularly in family-oriented and pet-friendly programming. The building's outdoor children's playground is absent from all four comparables, giving it a distinct edge for households with young kids. Its dedicated car wash bay is missing from Riverview C, Riverside A, and Riverside B, and the pet wash station is unavailable at Riverview A, Riverside A, and Riverside B. The subject also includes a shared laundry room that Riverview C and both Riverside towers do not offer, and its indoor pool contrasts with the outdoor pools at Riverside A and B—a meaningful difference in Markham's winter months. Taken together, this amenity mix best serves young professional families and pet-owning renters who want turnkey convenience—car washing, pet grooming, on-site laundry, and year-round indoor swimming—without stepping outside the building.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Uptown Markham - Riverview B.
Building Amenities
- Concierge & Security
- Shared Laundry Room
- Car Wash Bay
- Gym & Fitness Centre
- Yoga Studio
- Indoor Pool
- Sauna & Steam Room
- Party & Lounge Room
- Games & Billiards Room
- Library & Reading Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Children's Playground - Outdoor
- Pet Wash Station
Residential Buildings in the Vicinity
- Uptown Markham - Riverview A68 m
- Uptown Markham - Riverview C105 m
- Uptown Markham - Riverside Building A115 m
- Uptown Markham - Riverside Building B126 m
- Ellington Park191 m
- Uptown Markham - Riverwalk East Building A223 m
- Uptown Markham - Riverwalk East Building B242 m
- Uptown Markham - River Park B306 m
- Uptown Markham - River Park C352 m
- Uptown Markham - River Park A370 m
- The Verdale on the Valley371 m
- Unionville Gardens411 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Uptown Markham - Riverview 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.
