Market Data as of August 31, 2026
Rouge Bijou Terraces - Building B — Rental Market Data
Last Lease
1-BedroomBuilding Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Rouge Bijou Terraces – Building B at 21 Upper Duke Crescent in Markham City Centre is an 82-suite residential building completed in 2010 by Remington Group. As of August 31, 2026, the tower is fully occupied with zero units currently listed for rent, placing its availability rate at 0 percent. Leasing activity remains modest but present: one lease closed in the trailing 30 days at an average of $2,200 per month with a 15-day time on market, while two leases signed over the past 90 days averaged $2,500 per month and cleared in just 8 days.
With no active asking rents to benchmark, the building's realized lease data provides the clearest pricing signal. The all-time average lease of $2,500 per month translates to $3.37 per square foot across an average 745-square-foot suite, which sits 5.6 percent below the Markham City Centre submarket lease benchmark of $3.57 per square foot. The 30-day lease at $2,200 per month and $3.44 per square foot suggests a slightly more compact or entry-level unit relative to the 90-day cohort, though both remain at or below the submarket's $2,500 average realized rent.
Because the building carries zero active listings, marketing friction metrics such as active days on market and asking-rent spreads cannot be calculated. Renters seeking comparable one-bedroom inventory in Markham City Centre should look to the 96 active listings across the broader submarket, where the average asking rent is $2,711 per month at $3.58 per square foot. The building's landlord-favorable negotiation posture—evidenced by a 0.36 percent premium above asking across tracked closed transactions—signals limited room for tenant concessions in this micro-market.
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Last Realized Lease
Transaction metrics for the most recently leased suite
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 Rouge Bijou Terraces - Building B (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Rouge Bijou Terraces - Building B last month, and how fast did they rent?
Rouge Bijou Terraces – Building B recorded a 30-day average DOM of 15 days and a 90-day average DOM of 8 days, both well under the Markham City Centre submarket benchmark of 27 days. One lease closed in the trailing 30 days, two in the trailing 90 days, and two across the full tracked lifetime. Leasing turnover is thin but accelerating: the single 30-day closing represents a meaningful uptick from zero additional closings in the prior 60-day window, though the absolute volume remains far below the 96 active listings competing across the submarket.
What is the negotiation spread between asking rents and closed lease prices at Rouge Bijou Terraces - Building B?
Rouge Bijou Terraces – Building B closed leases at an average premium of $10 per month (0.36% above asking), generating $120 per year in additional rental revenue for the landlord. Both tracked transactions settled at or above the listed asking price, meaning 100% of closings reflected landlord pricing leverage rather than tenant concessions. This is a limited two-transaction sample and should be read as a directional indicator of modest upward pricing power rather than a broad statistical benchmark.
What are typical executed lease prices across different layouts at Rouge Bijou Terraces - Building B?
Rouge Bijou Terraces – Building B shows two anchor layouts, each represented by a single closed lease: the 1-bedroom tier averaged $2,200 per month at 15 days on market, while the 2-bedroom tier averaged $2,800 per month at just 1 day on market. The 1-bedroom suite measured 640 square feet at $3.44 per square foot, with a P25–P75 range of $2,200 to $2,200 reflecting this individual single transaction rather than a broad statistical benchmark. The 2-bedroom suite measured 850 square feet at $3.29 per square foot, also a single deal with no distributional spread to report. Both tiers carry a sample size of one, so treat these figures as individual data points, not market norms.
What measurable rent premium did suites with parking achieve in closed leases at Rouge Bijou Terraces - Building B?
Rouge Bijou Terraces – Building B does not have a reliably isolated parking premium, as the paired lease data is insufficient to separate suite rent from parking charges. No active asking listings currently exist at the building to provide a comparative parking rate. Tenants should confirm whether parking is bundled into the quoted rent or billed separately before signing, as the platform cannot verify a standalone monthly parking figure for this property.
How does the lease-to-listing ratio at Rouge Bijou Terraces - Building B reflect current tenant demand?
Rouge Bijou Terraces – Building B shows a declining nominal rent trajectory from July to August 2026, dropping from $2,800 to $2,200 per month across two closed leases. In July, one 2-bedroom suite of 850 square feet closed at $3.29 per square foot with a 1-day DOM. In August, one 1-bedroom suite of 640 square feet closed at $3.44 per square foot with a 15-day DOM. The nominal rent drop in August reflects the compact 640-square-foot footprint of the 1-bedroom unit rather than any property devaluation; the rate per square foot actually rose by $0.15, confirming that the smaller suite commanded a higher density-adjusted price.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 1 | 3000 | 950 | 3.16 | 74 |
| 2026-04-28 | 1 | 3000 | 950 | 3.16 | 75 |
| 2026-04-29 | 1 | 3000 | 950 | 3.16 | 76 |
| 2026-05-17 | 1 | 2290 | 650 | 3.52 | N/A |
| 2026-05-18 | 1 | 2290 | 650 | 3.52 | 1 |
| 2026-05-19 | 1 | 2290 | 650 | 3.52 | 2 |
| 2026-05-20 | 1 | 2290 | 650 | 3.52 | 3 |
| 2026-05-21 | 1 | 2290 | 650 | 3.52 | 4 |
| 2026-05-22 | 1 | 2290 | 650 | 3.52 | 5 |
| 2026-05-23 | 1 | 2290 | 650 | 3.52 | 6 |
| 2026-05-24 | 1 | 2290 | 650 | 3.52 | 7 |
| 2026-05-25 | 1 | 2290 | 650 | 3.52 | 8 |
| 2026-05-26 | 1 | 2290 | 650 | 3.52 | 9 |
| 2026-05-27 | 1 | 2290 | 650 | 3.52 | 10 |
| 2026-05-28 | 1 | 2290 | 650 | 3.52 | 11 |
| 2026-05-29 | 1 | 2290 | 650 | 3.52 | 12 |
| 2026-05-30 | 1 | 2290 | 650 | 3.52 | 13 |
| 2026-05-31 | 1 | 2290 | 650 | 3.52 | 14 |
| 2026-06-01 | 1 | 2290 | 650 | 3.52 | 15 |
| 2026-06-02 | 1 | 2290 | 650 | 3.52 | 16 |
| 2026-06-03 | 1 | 2290 | 650 | 3.52 | 17 |
| 2026-06-04 | 1 | 2290 | 650 | 3.52 | 18 |
| 2026-06-05 | 1 | 2290 | 650 | 3.52 | 19 |
| 2026-06-06 | 1 | 2290 | 650 | 3.52 | 20 |
| 2026-06-07 | 1 | 2290 | 650 | 3.52 | 21 |
| 2026-06-08 | 1 | 2290 | 650 | 3.52 | 22 |
| 2026-06-09 | 1 | 2290 | 650 | 3.52 | 23 |
| 2026-06-10 | 1 | 2290 | 650 | 3.52 | 24 |
| 2026-06-11 | 1 | 2290 | 650 | 3.52 | 25 |
| 2026-06-12 | 1 | 2290 | 650 | 3.52 | 26 |
| 2026-06-13 | 1 | 2290 | 650 | 3.52 | 27 |
| 2026-06-14 | 1 | 2290 | 650 | 3.52 | 28 |
| 2026-06-15 | 1 | 2290 | 650 | 3.52 | 29 |
| 2026-06-16 | 1 | 2290 | 650 | 3.52 | 30 |
| 2026-06-17 | 1 | 2290 | 650 | 3.52 | 31 |
| 2026-06-18 | 1 | 2290 | 650 | 3.52 | 32 |
| 2026-06-19 | 1 | 2290 | 650 | 3.52 | 33 |
| 2026-06-20 | 1 | 2290 | 650 | 3.52 | 34 |
| 2026-06-21 | 1 | 2290 | 650 | 3.52 | 35 |
| 2026-06-22 | 1 | 2290 | 650 | 3.52 | 36 |
| 2026-06-23 | 1 | 2290 | 650 | 3.52 | 37 |
| 2026-06-24 | 1 | 2290 | 650 | 3.52 | 38 |
| 2026-06-25 | 1 | 2290 | 650 | 3.52 | 39 |
| 2026-06-26 | 1 | 2290 | 650 | 3.52 | 40 |
| 2026-06-27 | 1 | 2290 | 650 | 3.52 | 41 |
| 2026-06-28 | 1 | 2290 | 650 | 3.52 | 42 |
| 2026-06-29 | 1 | 2290 | 650 | 3.52 | 43 |
| 2026-06-30 | 1 | 2290 | 650 | 3.52 | 44 |
| 2026-07-01 | 1 | 2290 | 650 | 3.52 | 45 |
| 2026-07-02 | 1 | 2290 | 650 | 3.52 | 46 |
| 2026-07-03 | 1 | 2290 | 650 | 3.52 | 47 |
| 2026-07-04 | 1 | 2290 | 650 | 3.52 | 48 |
| 2026-07-05 | 1 | 2290 | 650 | 3.52 | 49 |
| 2026-07-06 | 1 | 2290 | 650 | 3.52 | 50 |
| 2026-07-07 | 1 | 2290 | 650 | 3.52 | 51 |
| 2026-07-23 | 1 | 2780 | 850 | 3.27 | N/A |
| 2026-07-31 | 1 | 2200 | 640 | 3.44 | N/A |
| 2026-08-01 | 1 | 2200 | 640 | 3.44 | 1 |
| 2026-08-02 | 1 | 2200 | 640 | 3.44 | 2 |
| 2026-08-03 | 1 | 2200 | 640 | 3.44 | 3 |
| 2026-08-04 | 1 | 2200 | 640 | 3.44 | 4 |
| 2026-08-05 | 1 | 2200 | 640 | 3.44 | 5 |
| 2026-08-06 | 1 | 2200 | 640 | 3.44 | 6 |
| 2026-08-07 | 1 | 2200 | 640 | 3.44 | 7 |
| 2026-08-08 | 1 | 2200 | 640 | 3.44 | 8 |
| 2026-08-09 | 1 | 2200 | 640 | 3.44 | 9 |
| 2026-08-10 | 1 | 2200 | 640 | 3.44 | 10 |
| 2026-08-11 | 1 | 2200 | 640 | 3.44 | 11 |
| 2026-08-12 | 1 | 2200 | 640 | 3.44 | 12 |
| 2026-08-13 | 1 | 2200 | 640 | 3.44 | 13 |
| 2026-08-14 | 1 | 2200 | 640 | 3.44 | 14 |
12-Month Market Dynamics & Trend Trajectory
Rouge Bijou Terraces – Building B realized an average rent of $2,500 per month and a rate of $3.37 per square foot across its two tracked leases, placing the building exactly at the Markham City Centre submarket average rent of $2,500 while running 5.6% below the submarket's $3.57 per square foot benchmark. The building's 745-square-foot average suite size sits in line with the submarket's 96 active listings, and the 8-day average DOM undercuts the submarket's 27-day benchmark by nearly two-thirds, signalling that when units do list here they clear well ahead of the local norm. On pricing discipline, both tracked leases closed at a premium of $10 per month (0.36%) above asking, yielding $120 per year in incremental landlord revenue. 100% of transactions settled at or above the listed price, indicating that landlords at this building maintained firm asking levels without conceding to tenant pushback. This is a two-transaction sample and functions as a directional indicator of modest landlord leverage rather than a robust statistical benchmark, but the consistent premium direction suggests tenants are accepting listed prices without meaningful negotiation.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-07-19 | 1 | 2800 | 850 | 3.29 | 1 |
| 2026-07-26 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 1 | 2200 | 640 | 3.44 | 15 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Rouge Bijou Terraces – Building B at 21 Upper Duke Cres sits within a tight 140-metre radius of four active competitors in Markham City Centre. The two Rouge Bijou siblings—Building A at 1 Upper Duke Cres (0.06 km, completed 2010, 3 closed leases in the trailing 180 days) and Building C at 39 Upper Duke Cres (0.09 km, completed 2009, 7 closed leases)—represent the same architectural generation and developer family. Across the street on Rouge Valley Drive, the York Condos pair (Building B at 8 Rouge Valley Dr W and Building C at 18 Rouge Valley Dr W, both 0.14 km away, completed 2021) recorded 16 and 9 closed leases respectively, making them the highest-volume pricing benchmarks in this immediate pocket. All four competitors posted active lease transactions, so no zero-transaction reference buildings factor into this comparison set. The four-comp benchmark averages $2,554 per month, $3.54 per square foot, and 742 square feet of interior space. Rouge Bijou Terraces – Building B's realized lease profile of $2,500 per month and $3.37 per square foot across 745 square feet places it marginally below the comp average on both rate and rent while matching the median suite footprint almost exactly. Against the submarket-wide leased benchmark of $2,500 per month and $3.57 per square foot, the subject's per-square-foot rate runs 5.6 percent below the broader Markham City Centre average, a discount consistent with its 2010 build date and the absence of outdoor recreational infrastructure that the 2021 York Condos towers carry.
Comparable Analysis & Questions
How do rental rates at Rouge Bijou Terraces - Building B compare to neighbouring buildings within Markham City Centre?
Rouge Bijou Terraces – Building B realized an average lease rent of $2,500 per month over the trailing year, sitting $54 below the four-comp average of $2,554 and matching the submarket leased benchmark exactly. Against the two Rouge Bijou siblings, the subject commands a $17-per-month premium over Building A ($2,483 at 1 Upper Duke Cres, 0.06 km, 3 closed leases, $3.36 per square foot, 767 sq ft) but trades at a $136-per-month discount to Building C ($2,636 at 39 Upper Duke Cres, 0.09 km, 7 closed leases, $3.16 per square foot, 850 sq ft). The York Condos pair splits the picture: the subject posts a $6-per-month premium over York Condos – Building B ($2,494 at 8 Rouge Valley Dr W, 0.14 km, 16 closed leases, $3.87 per square foot, 650 sq ft) yet a $103-per-month discount to York Condos – Building C ($2,603 at 18 Rouge Valley Dr W, 0.14 km, 9 closed leases, $3.76 per square foot, 699 sq ft). All four competitors recorded closed lease transactions in the past 180 days, so every figure above reflects realized pricing rather than asking.
Does Rouge Bijou Terraces - Building B offer a competitive price-per-square-foot ($/SF) against local comparables?
Rouge Bijou Terraces – Building B leases at $3.37 per square foot across an average 745-square-foot suite, positioning it below the comp average of $3.54 per square foot and 742 square feet while offering a modestly larger footprint than the submarket norm. Versus the Rouge Bijou siblings, the subject commands a $0.01-per-square-foot (0.3 percent) premium over Building A yet provides 22 fewer interior square feet, and it carries a $0.21-per-square-foot (6.6 percent) premium over Building C while delivering 105 fewer square feet—meaning the $136 lower nominal rent against Building C is driven entirely by the smaller interior footprint rather than a weaker asset valuation. Against the York Condos pair, the trade-off inverts: the subject trades at a $0.50-per-square-foot (12.9 percent) discount below York Condos – Building B while providing 95 more interior square feet, and it offers a $0.39-per-square-foot (10.4 percent) discount below York Condos – Building C with 46 additional square feet. In both York Condos comparisons, the subject's slightly higher or lower nominal rent is a function of the larger suite footprint, not a rate premium; renters gain meaningful interior space at a meaningfully lower per-square-foot cost.
How do building age, amenities, and developer reputation impact rent spreads?
Rouge Bijou Terraces – Building B fields a six-item amenity suite—concierge and security, gym and fitness centre, party and lounge room, golf simulator, games and billiards room, and media and theatre room—that is functionally identical to its Rouge Bijou siblings but materially slimmer than the 2021 York Condos towers. The subject's golf simulator is a genuine differentiator absent from both York Condos – Building B and Building C, giving it a niche recreational edge that the newer buildings do not match. However, the subject lacks the dining room and kitchen and meeting room found in both Rouge Bijou siblings, and it forgoes the outdoor pool, tennis and pickleball court, badminton court, yoga studio, business centre, BBQ area, rooftop terrace, and pet wash station that define the York Condos lifestyle package. This indoor-recreation-focused, no-outdoor-facility profile positions the building squarely for cost-conscious professionals and small households who prioritize a private golf simulator, billiards, and a media room over pool access or rooftop social space, and who are comfortable trading away the broader wellness and outdoor amenity set for a lower per-square-foot rate in a 2010-built Markham City Centre address.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Rouge Bijou Terraces - Building B.
Building Amenities
- Concierge & Security
- Gym & Fitness Centre
- Party & Lounge Room
- Golf Simulator
- Games & Billiards Room
- Media & Theatre Room
Residential Buildings in the Vicinity
- Rouge Bijou - Building A63 m
- Rouge Bijou Promenade - Building C92 m
- York Condos - Building C139 m
- York Condos - Building B142 m
- Rouge Bijou Arbor - Building D194 m
- York Condos - Building A228 m
- Nexus South240 m
- The Verdale I257 m
- The Verdale II269 m
- Nexus North296 m
- The Verdale on the Valley303 m
- The Signature Collection - Building J322 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Rouge Bijou Terraces - Building 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.