Condominiums of Cornell — Rental Market Data

Condominiums of Cornell maintains 2 active listings as of August 31, 2026, spanning a price range of $2,150 to $2,400 per month with an average asking rent of $2,275 per month and a median asking rent of $2,275 per month. Active suites average 728 square feet with an asking rate of $3.12 per square foot. One-bedroom layouts account for 100 percent of current availability, indicating that active inventory leans entirely toward compact entry-level configurations.

The dominant active layout at Condominiums of Cornell is the 1-Bedroom, represented by 2 listings capturing a 100 percent inventory share. This small selection of 1-bedroom suites features an average asking rent of $2,275 per month, an average footprint of 728 square feet, and an average rate of $3.12 per square foot. There are zero units currently available across alternative bedroom tiers.

Condominiums of Cornell features a minimum entry rent of $2,150 per month and a peak asking rent of $2,400 per month, creating a dollar spread of $250 and a percentage spread of 11.6 percent. Median asking rent settles at $2,275 per month across the available pool. The entry-level suite consists of a 1-bedroom floor plan spanning 705 square feet priced at $3.05 per square foot, while the peak suite offers a 1-bedroom layout spanning 750 square feet priced at $3.20 per square foot.

Condominiums of Cornell has insufficient active data to quantify den premiums, as the square footage delta is unrecorded. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking stall costs cannot be definitively established from current listings.

Condominiums of Cornell asks an average rent of $2,275 per month at $3.12 per square foot, trailing the Markham East submarket asking averages of $2,465 per month and $3.28 per square foot. The lower nominal monthly outlay stems from more compact suite sizing rather than discounted unit pricing. The active rate per square foot tracks 4.9 percent below submarket asking benchmarks, while the building accounts for 7.7 percent of total submarket active inventory.

Condominiums of Cornell at 2 Adam Sellers St achieves an average lease rent that compares directly against the overall comp average of $2,563 per month across key benchmarks like Condominiums of Cornell 2 and 68 Main. Condominiums of Cornell 2 (58 Adam Sellers St) reports an average lease rent of $2,600 per month at $2.97 per square foot across an average of 877 square feet. Meanwhile, 68 Main (68 Main St N) reports an average lease rent of $2,525 per month at $4.72 per square foot across an average of 598 square feet. Swan Lake Village - Phase 1 (55 & 85 The Boardwalk Way) and Swan Lake Village - 2 (50 & 80 The Boardwalk Way) currently report no closed leases in the past 180 days.

Condominiums of Cornell positions its value proposition by offering a competitive rate per square foot and comfortable layouts that align closely with newer master-planned inventory in Markham East. When evaluated against 68 Main (68 Main St N), which averages $4.72 per square foot across 598 square feet, the subject building provides 152 more interior square feet at a lower rate of $3.02 per square foot all-time, offering a lower and more competitive rate per square foot while allowing renters to secure larger living spaces without paying the steep per-square-foot premiums demanded by ultra-compact layouts. Conversely, compared to Condominiums of Cornell 2 (58 Adam Sellers St) at $2.97 per square foot across 877 square feet, the subject offers slightly more compact footprints (averaging 750 square feet all-time) while maintaining a balanced valuation within the immediate neighborhood.

Condominiums of Cornell delivers a well-rounded lifestyle and amenity profile featuring a gym and fitness centre, a party and lounge room, a BBQ area, and a shared laundry room. When contrasted with nearby peers, the building provides essential modern fitness and social spaces comparable to Condominiums of Cornell 2 (which adds a meeting room and rooftop terrace) and 68 Main (which incorporates concierge service, a rooftop terrace, a media room, a garden, and a car share), while omitting the extensive resort-style acreage found at Swan Lake Village - Phase 1 and Swan Lake Village - 2 (such as indoor and outdoor pools, sauna and steam rooms, tennis and pickleball courts, and games rooms). This amenity package primarily serves young professionals and couples seeking low-maintenance, modern condominium living in Markham East.