The Varley — Rental Market Data

The Varley has one active listing as of August 31, 2026, asking $7,999 per month with both the average and median rent at that single figure. The available suite spans 471 square feet at an asking rate of $16.98 per square foot. This lone listing is a two-bedroom plus den, meaning 100 percent of current inventory sits in the multi-bedroom executive tier rather than compact entry-level one-bedroom or studio layouts.

The Varley's sole active listing is a two-bedroom plus den, accounting for 100 percent of available inventory at one unit. That single suite asks $7,999 per month across 471 square feet, yielding a rate of $16.98 per square foot. No one-bedroom, studio, or other bedroom tiers are currently listed for rent in this building.

The Varley's active pricing spread is $0 with a 0 percent range, as the single available unit at 20 Fred Varley Dr asks $7,999 per month for both the minimum and maximum. The median asking rent is likewise $7,999. The entry-level and peak suite are the same two-bedroom plus den at 471 square feet and $16.98 per square foot, leaving no internal price gradient for renters to compare.

The Varley's active den premium and associated square-footage delta cannot be quantified from the current single-listing sample, as no paired comparison between den and non-den suites is available. Parking stall costs at this building also cannot be reliably isolated, with the data flagged as an anomalous outlier or insufficient paired sample, so no specific monthly parking fee can be quoted to prospective renters.

The Varley's active asking rent of $7,999 per month and $16.98 per square foot stand well above the Unionville submarket averages of $3,119 per month and $4.16 per square foot for active listings. The nominal rent gap is partially explained by suite composition, as the building's 471-square-foot active unit is 279 square feet smaller than the submarket implied average of 750 square feet, yet the per-square-foot rate still runs 308.2 percent above the submarket asking benchmark. The Varley represents one out of 18 total active listings in the Unionville submarket.

The Varley's all-time average realized lease rent of $3,467 per month runs $1,125 above the four-comp benchmark of $2,342, with every nearby competitor recording lower realized rents. Canvas on the Rouge at 9700 Ninth Ln (0.29 km, 11 closed leases) averaged $2,230 at $3.38 per square foot across 678 square feet; The Residences of South Unionville Square at 8323 Kennedy Rd (1.15 km, 11 closed leases) averaged $2,173 at $3.75 per square foot over 582 square feet; Unionville Gardens at 268–278 Buchanan Dr (1.26 km, 31 closed leases) averaged $2,497 at $3.68 per square foot across 693 square feet; and Uptown Markham – River Park A at 8200 Birchmount Rd (1.3 km, 11 closed leases) averaged $2,468 at $3.40 per square foot over 740 square feet. All four competitors posted active lease volume, so each provides a realized pricing benchmark rather than a reference-only data point.

The Varley leases at $4.80 per square foot across an average 775-square-foot suite, commanding a premium over every active competitor in this Unionville pocket and exceeding the submarket leased benchmark of $3.37 per square foot. Against Canvas on the Rouge, the subject trades at a $1.42-per-square-foot (42.0%) premium while providing 97 more interior square feet, so the $1,237 monthly rent gap is driven by both a larger footprint and a higher rate per unit of space. The Residences of South Unionville Square shows a similar pattern: the subject commands a $1.05-per-square-foot (28.0%) premium and delivers 193 additional square feet, accounting for the $1,294 rent differential. Unionville Gardens, the highest-volume comp at 31 closed leases, sits $1.12 per square foot (30.4%) below the subject's rate with 82 fewer square feet, producing a $970 monthly gap. Uptown Markham – River Park A carries the widest per-square-foot discount at $1.40 (41.2%) below the subject, with 35 fewer square feet, yielding a $999 rent spread. In every pairing, the subject's higher nominal rent is a function of both greater interior area and a stronger per-square-foot valuation, not a single variable.

The Varley offers a 13-feature amenity suite that includes a dedicated dining room and kitchen, BBQ area, car wash bay, and shared laundry room—facilities absent from all four nearby competitors. While Canvas on the Rouge (0.29 km) differentiates with a hot tub and jacuzzi, and Unionville Gardens (1.26 km) and Uptown Markham – River Park A (1.3 km) both feature indoor pools, saunas, and steam rooms that The Varley does not carry, the subject counters with a full dining room and kitchen, an outdoor BBQ area, a car wash bay, and a shared laundry room that no peer in this cluster replicates. The Residences of South Unionville Square (1.15 km) shares the meeting room and media theatre but lacks the dining kitchen, BBQ, car wash, and laundry infrastructure. The Varley's package—pairing wellness (gym, yoga studio) with practical daily-living conveniences (car wash, laundry, pet wash station) and social gathering space (dining room, party lounge, rooftop terrace)—is best suited to mid-career professionals and small families who prioritize self-sufficient, low-errand living over resort-style aquatic or entertainment amenities.