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Market Data as of August 31, 2026

First Home Markham Sheppard - Building C — Rental Market Data

20 Orchid Place Dr, Scarborough, Ontario M1B 0E1
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom
1
$2,100

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2021
Total Suites78
DeveloperDaniels Corporation & Diamond Corp.

Developed by Daniels Corporation & Diamond Corp., First Home Markham Sheppard - Building C is an established residential building located at 20 Orchid Place Dr in Scarborough's Scarborough East neighborhood. Completed in 2021, this 78-suite community currently features 1 active listing, translating to an availability rate of 1.3%. Leasing velocity shows 0 closed transactions over the past 30 and 90 days with an average days on market of 0 days, while historical annual volume records 1 closed lease with an average days on market of 9 days.

Active listings command an average asking rent of $2,100 per month at $3.23 per square foot across an average footprint of 650 square feet, comparing against realized historical leases averaging $2,125 per month at $3.27 per square foot across an average footprint of 650 square feet. Current active inventory skews toward comparable suite sizing compared to historical leases. The active asking rate of $3.23 per square foot sits higher than the submarket asking benchmark of $3.14 per square foot by 2.9 percent.

Historical leasing data shows closed transactions averaging 9 days on market, contrasting with an average of 62 days on market for delisted properties, indicating that over-asking pricing or uncompetitive terms increase marketing friction. Prospective tenants currently find an inventory constrained entirely to 1-Bedroom layouts, offering zero availability across multi-bedroom tiers. Active parking premiums cannot be reliably isolated from current listings due to an insufficient sample size.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at First Home Markham Sheppard - Building C as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
0
Avg Asking Rent$2,100
-$100 (4.5%)
Avg Suite Size650 sf
0 sf
Avg Days on Market17d
-32d (65.3%)
Avg Asking $/SF$3.23
-$0.15 (4.5%)

Active Market Insights & Questions

How has rental availability changed at First Home Markham Sheppard - Building C recently?

First Home Markham Sheppard - Building C has 1 active listing as of August 31, 2026, featuring an asking price range, average rent, and median rent of $2,100 per month. The single available suite spans an average of 650 square feet with an asking rate of $3.23 per square foot. A 100 percent dominant layout share indicates that current active inventory leans entirely toward compact entry-level 1-Bedroom suites.

What floor plans and unit layouts are currently available at First Home Markham Sheppard - Building C?

The 1-Bedroom layout dominates current active inventory at First Home Markham Sheppard - Building C, accounting for 1 listing and a 100 percent share of available suites. This single available 1-Bedroom configuration averages $2,100 per month across 650 square feet, achieving $3.23 per square foot. There are zero units currently available across all other bedroom tiers.

What is the average asking rent and $/SF by suite size at First Home Markham Sheppard - Building C?

First Home Markham Sheppard - Building C maintains a static pricing structure with a minimum entry rent, peak asking rent, dollar spread, and percentage spread of $2,100 per month and 0 percent respectively. The median asking rent rests at $2,100 per month. The entry-level and peak suite are identical, consisting of a 1-Bedroom layout spanning 650 square feet at an asking rate of $3.23 per square foot.

How much extra do parking spaces and dens cost at First Home Markham Sheppard - Building C?

First Home Markham Sheppard - Building C has no active den premium data available, as den square footage delta and marginal per-square-foot costs are null for the current inventory. Parking premium data cannot be reliably isolated from current listings due to an insufficient sample size.

How do asking rents at First Home Markham Sheppard - Building C compare to local and municipal benchmarks?

First Home Markham Sheppard - Building C asks an average rent of $2,100 per month at $3.23 per square foot, which compares to the broader Scarborough East submarket asking benchmark of $2,397 per month at $3.14 per square foot. The lower monthly outlay for the building is driven by more compact suite sizing rather than cheaper unit pricing, as reflected by the building asking rate sitting 2.9 percent above the submarket asking benchmark per square foot. The building accounts for 3.3 percent of the submarket's 30 active listings.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at First Home Markham Sheppard - Building C (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$2,200
Avg Suite Size650 sf
Avg Days on Market62d
Delisted $/SF$3.38

De-Listed Market Analysis & Questions

How many listings de-listed at First Home Markham Sheppard - Building C, and what was their re-listing price compared to previous asking?

First Home Markham Sheppard - Building C recorded 1 total delisted unit, representing a 100% delisted-to-lifetime-leased ratio comprised of 0 terminated, 1 expired, and 0 suspended listings. This represents 1 unrented listing pulled for every 1 successful lease.

How do asking prices on de-listed suites compare to executed leases and active listings at First Home Markham Sheppard - Building C?

First Home Markham Sheppard - Building C recorded an average delisted asking rent of $2,200 per month. Unrented units asked $75 per month above realized lease averages nominally due to smaller average floor plans, but commanded a higher rate per square foot ($3.38 per square foot vs $3.27 per square foot).

What market friction causes rental listings to stall or de-list at First Home Markham Sheppard - Building C?

First Home Markham Sheppard - Building C recorded an average delisted days on market of 62 days compared to 9 days for realized leases. This 53-day excess marketing period resulted in nearly two months of lost rental income plus ongoing condo maintenance fees, illustrating the carrying cost of unrented inventory.

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.

Suite Filters
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Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-27222506503.4629
2026-04-28222506503.4630
2026-04-29222506503.4631
2026-04-30222506503.4632
2026-05-01222506503.4633
2026-05-02222506503.4634
2026-05-03222506503.4635
2026-05-04222506503.4636
2026-05-05222506503.4637
2026-05-06221756503.357
2026-05-07221756503.358
2026-05-08321836503.366
2026-05-09321836503.367
2026-05-10321836503.368
2026-05-11321836503.369
2026-05-12321836503.3610
2026-05-13321836503.3611
2026-05-14321676503.335
2026-05-15222006503.384
2026-05-16222006503.385
2026-05-17222006503.386
2026-05-18222006503.387
2026-05-19222006503.388
2026-05-20222006503.389
2026-05-21122006503.3813
2026-05-22122006503.3814
2026-05-23122006503.3815
2026-05-24122006503.3816
2026-05-25122006503.3817
2026-05-26122006503.3818
2026-05-27122006503.3819
2026-05-28122006503.3820
2026-05-29122006503.3821
2026-05-30122006503.3822
2026-05-31122006503.3823
2026-06-01122006503.3824
2026-06-02122006503.3825
2026-06-03122006503.3826
2026-06-04122006503.3827
2026-06-05122006503.3828
2026-06-06122006503.3829
2026-06-07122006503.3830
2026-06-08122006503.3831
2026-06-09122006503.3832
2026-06-12122006503.38N/A
2026-06-13122006503.381
2026-06-14122006503.382
2026-06-15122006503.383
2026-06-16122006503.384
2026-06-17122006503.385
2026-06-18122006503.386
2026-06-19122006503.387
2026-06-20122006503.388
2026-06-21122006503.389
2026-06-22122006503.3810
2026-06-23122006503.3811
2026-06-24122006503.3812
2026-06-25122006503.3813
2026-06-26122006503.3814
2026-06-27122006503.3815
2026-06-28122006503.3816
2026-06-29122006503.3817
2026-06-30122006503.3818
2026-07-01122006503.3819
2026-07-02122006503.3820
2026-07-03122006503.3821
2026-07-04122006503.3822
2026-07-05122006503.3823
2026-07-06122006503.3824
2026-07-07122006503.3825
2026-07-08122006503.3826
2026-07-09122006503.3827
2026-07-10122006503.3828
2026-07-11122006503.3829
2026-07-12122006503.3830
2026-07-13122006503.3831
2026-07-14122006503.3832
2026-07-15122006503.3833
2026-07-16122006503.3834
2026-07-17122006503.3835
2026-07-18122006503.3836
2026-07-19122006503.3837
2026-07-20122006503.3838
2026-07-21122006503.3839
2026-07-22122006503.3840
2026-07-23122006503.3841
2026-07-24122006503.3842
2026-07-25122006503.3843
2026-07-26122006503.3844
2026-07-27122006503.3845
2026-07-28122006503.3846
2026-07-29122006503.3847
2026-07-30122006503.3848
2026-07-31122006503.3849
2026-08-01122006503.3850
2026-08-02122006503.3851
2026-08-03122006503.3852
2026-08-04122006503.3853
2026-08-05122006503.3854
2026-08-06122006503.3855
2026-08-07122006503.3856
2026-08-08122006503.3857
2026-08-09122006503.3858
2026-08-10122006503.3859
2026-08-11122006503.3860
2026-08-12122006503.3861
2026-08-14121006503.23N/A
2026-08-15121006503.231
2026-08-16121006503.232
2026-08-17121006503.233
2026-08-18121006503.234
2026-08-19121006503.235
2026-08-20121006503.236
2026-08-21121006503.237
2026-08-22121006503.238
2026-08-23121006503.239
2026-08-24121006503.2310
2026-08-25121006503.2311
2026-08-26121006503.2312
2026-08-27121006503.2313
2026-08-28121006503.2314
2026-08-29121006503.2315
2026-08-30121006503.2316
2026-08-31121006503.2317

12-Month Market Dynamics & Trend Trajectory

First Home Markham Sheppard - Building C has logged a lifetime leasing volume of 1 transaction, achieving an average rent of $2,125 per month at $3.27 per square foot across an average suite size of 650 square feet. With a lifetime days on market average of 9 days, the building demonstrates minimal historical turnover relative to the broader Scarborough East submarket benchmark of 33 days. Transactions settled entirely above asking price, with the single recorded deal closing at a 1.19% premium that generated $300 in annualized landlord gains. This performance reflects landlord pricing leverage despite limited historical transaction volume across the 78-suite project.

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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.

Property & transaction filters
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-05-10121256503.279

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

First Home Markham Sheppard - Building C at 20 Orchid Place Dr is evaluated against a competitive set of four nearby properties in Scarborough East, featuring Markham Place II (6 Rosebank Dr, located 0.06 km away, completed in 2011 with 2 active listings), Markham Place I (8 Rosebank Dr, located 0.11 km away, completed in 2010 with 2 active listings), First Home Markham Sheppard - Building B (5131 Sheppard Ave E, located 0.13 km away, completed in 2021 with 4 active listings), and First Home Markham Sheppard - Building A (5155 Sheppard Ave E, located 0.13 km away, completed in 2021 with 1 active listing). This local micro-market showcases a clear architectural generational split between the older, early-2010s developments on Rosebank Drive and the master-planned, modern 2021 low-rise community blocks along Sheppard Avenue East. The broader micro-market yields an overall competitive benchmark average of $2,178 per month at $3.48 per square foot across an average suite size of 641 square feet. First Home Markham Sheppard - Building C positions itself right at this benchmark scale with its 650-square-foot average floor plans and a realized lease rate of $3.27 per square foot. While older neighboring towers command variances based on tighter footprints or structural age, Building C provides a balanced value equation that aligns closely with contemporary master-planned standards in Scarborough East.

6 Rosebank Dr, Scarborough

Avg Asking$2,379/mo
Avg $/SF$3.32
Rent Spread:
+$279/mo (+13.3%) Higher

8 Rosebank Dr, Scarborough

Avg Asking$2,409/mo
Avg $/SF$3.42
Rent Spread:
+$309/mo (+14.7%) Higher

5131 Sheppard Ave E, Scarborough

Avg Asking$2,244/mo
Avg $/SF$3.35
Rent Spread:
+$144/mo (+6.8%) Higher

5155 Sheppard Ave E, Scarborough

Avg Asking$2,100/mo
Avg $/SF$3.82
Rent Spread:
Parity (±0%)

39 Kimbercroft Crt, Scarborough

Avg Asking$2,200/mo
Avg $/SF$2.93
Rent Spread:
+$100/mo (+4.8%) Higher

28 Rosebank Drive, Scarborough

Avg Asking$3,000/mo
Avg $/SF$1.76
Rent Spread:
+$900/mo (+42.9%) Higher

Comparable Analysis & Questions

How do rental rates at First Home Markham Sheppard - Building C compare to neighbouring buildings within Scarborough East?

First Home Markham Sheppard - Building C achieves an average lease rent of $2,125 per month, sitting very close to the overall competitive market average of $2,178 per month across key benchmarks like Markham Place II and First Home Markham Sheppard - Building B. Markham Place II at 6 Rosebank Dr reports an average lease rent of $2,075 per month at $3.77 per square foot across 550 square feet. Markham Place I at 8 Rosebank Dr records an average lease rent of $2,238 per month at $3.23 per square foot across 700 square feet. First Home Markham Sheppard - Building B at 5131 Sheppard Ave E posts an average lease rent of $2,250 per month at $2.99 per square foot across 763 square feet. First Home Markham Sheppard - Building A at 5155 Sheppard Ave E logs an average lease rent of $2,150 per month at $3.91 per square foot across 550 square feet.

Does First Home Markham Sheppard - Building C offer a competitive price-per-square-foot ($/SF) against local comparables?

First Home Markham Sheppard - Building C establishes its value proposition by trading at $3.27 per square foot across an average suite size of 650 square feet, offering a balanced middle ground relative to nearby alternatives and the submarket benchmark of $3.49 per square foot. Renters evaluating Building C versus Markham Place II at 6 Rosebank Dr benefit from a lower or more competitive rate per square foot and 100 more interior square feet, as Markham Place II leases at $3.77 per square foot across tighter 550-square-foot footprints. When compared to First Home Markham Sheppard - Building B at 5131 Sheppard Ave E, tenants at Building C accept 113 fewer square feet in exchange for a higher efficiency rate of $3.27 per square foot versus Building B's $2.99 per square foot. Against First Home Markham Sheppard - Building A at 5155 Sheppard Ave E, Building C delivers 100 more square feet and a lower or more competitive rate per square foot compared to Building A's compact 550-square-foot layouts commanding $3.91 per square foot.

How do building age, amenities, and developer reputation impact rent spreads?

First Home Markham Sheppard - Building C delivers a modern master-planned lifestyle profile that matches the contemporary standards set by its sister phases along Sheppard Avenue East. The property features six signature amenities, including a well-equipped gym and fitness centre, a party and lounge room, a dedicated BBQ area, a scenic garden and courtyard, an outdoor children's playground, and an onsite greenhouse. While older competitors like Markham Place II (6 Rosebank Dr) focus on traditional tower inclusions such as a concierge and security, games and media rooms, and an EV charging station, Building C emphasizes outdoor family spaces and community green features shared with the master-planned corridor. Similarly, adjacent phases like First Home Markham Sheppard - Building B offer shared community elements like yoga studios and indoor kids' play rooms, making Building C exceptionally well-suited for young families and professionals seeking modern construction with robust outdoor amenities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around First Home Markham Sheppard - Building C.

Building Amenities

  • Gym & Fitness Centre
  • Party & Lounge Room
  • BBQ Area
  • Garden & Courtyard
  • Children's Playground - Outdoor
  • Greenhouse

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for First Home Markham Sheppard - Building C.

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.