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Market Data as of August 31, 2026

Circa II — Rental Market Data

23 Cox Blvd, Markham, Ontario L3R 8A6
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
2-Bedroom + Den
2
$3,288
1-Bedroom
1
$2,230

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2010
Total Suites396
DeveloperTridel

Circa II at 23 Cox Blvd in Unionville, Markham, is a 396-suite residential building completed in 2010 by Tridel. As of August 31, 2026, three suites are actively listed for rent, representing a 0.8 percent availability rate across the tower. Leasing activity remains steady: four leases closed in the past 30 days with an average 28 days on market, and ten leases closed over the trailing 90 days at an average 29 days on market.

Active asking rents average $2,935 per month at $3.19 per square foot across 933 square feet of average suite size. Realized 90-day leases came in at $2,835 per month and $3.04 per square foot, meaning current listings are priced roughly $100 above recent closed deals on a nominal basis. The active inventory skews toward larger two-bedroom-plus-den layouts averaging 1,075 square feet, while the single one-bedroom listing at 650 square feet pulls the blended average down. Against the Unionville submarket asking benchmark of $4.16 per square foot, Circa II's $3.19 per square foot sits 23.3 percent below the neighborhood rate, offering a meaningfully more competitive unit price despite a slightly higher nominal rent than the submarket average of $3,119.

Marketing friction at Circa II is minimal. Zero units were delisted without a lease in the tracking window, and 61.5 percent of recent leases closed at or below asking rent, with tenants securing an average discount of $56 per month, or 2.03 percent, translating to roughly $672 in annual savings. Active inventory depth is thin: the two-bedroom-plus-den tier offers two available suites, providing a limited but workable selection, while the one-bedroom tier holds a single listing at $2,230 per month. Renters seeking a one-bedroom should move quickly, as that tier has no redundancy.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Circa II as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units3
-1 (25.0%)
Avg Asking Rent$2,935
+$378 (14.8%)
Avg Suite Size933 sf
+155 sf (19.9%)
Avg Days on Market21d
+3d (19.8%)
Avg Asking $/SF$3.19
-$0.17 (5.0%)

Active Market Insights & Questions

How has rental availability changed at Circa II recently?

Circa II holds three active listings as of August 31, 2026, with asking rents ranging from $2,230 to $3,500 per month, an average of $2,935 and a median of $3,075. Average suite size across the active inventory is 933 square feet at a blended asking rate of $3.19 per square foot. The dominant layout is the two-bedroom-plus-den at 66.7 percent of available units, indicating that current inventory leans toward larger executive floor plans rather than compact entry-level suites.

What floor plans and unit layouts are currently available at Circa II?

The two-bedroom-plus-den layout dominates Circa II's active inventory with two listings representing 66.7 percent of available units, averaging $3,288 per month across 1,075 square feet at $3.08 per square foot. The one-bedroom tier holds a single listing at $2,230 per month for 650 square feet, equating to $3.43 per square foot. No three-bedroom or studio units are currently available in the building.

What is the average asking rent and $/SF by suite size at Circa II?

Circa II's active asking rents span from $2,230 to $3,500 per month, a dollar spread of $1,270 and a percentage spread of 57 percent. The median asking rent sits at $3,075 per month. The entry-level suite is a one-bedroom at 650 square feet priced at $3.43 per square foot, while the peak listing is a two-bedroom-plus-den at 1,200 square feet carrying a rate of $2.92 per square foot, reflecting the inverse relationship between suite size and unit pricing within the building.

How much extra do parking spaces and dens cost at Circa II?

Circa II's active den premium cannot be reliably quantified from current listings, as the paired sample is insufficient to isolate a meaningful dollar delta or marginal cost per square foot for the den component. Parking stall premiums are likewise inconclusive; the current data set does not support a reliable per-stall figure, and no verified historical lease benchmark exists in the tracking window. Renters should request parking pricing directly from the leasing office rather than relying on market-derived estimates.

How do asking rents at Circa II compare to local and municipal benchmarks?

Circa II's active asking rent of $2,935 per month sits below the Unionville submarket average of $3,119, while its asking rate of $3.19 per square foot is 23.3 percent lower than the submarket benchmark of $4.16 per square foot. The lower nominal rent is partly a function of suite mix, as the building's active inventory includes a compact 650-square-foot one-bedroom that drags the blended average down, but even on a per-square-foot basis Circa II offers a substantially more competitive unit price than the surrounding market. The building accounts for three of the 18 active listings in the Unionville submarket, representing roughly 16.7 percent of neighborhood inventory.

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 Circa II (Data period: For the month of August 2026).

Units Leased4
Avg Leased Price$2,763
Avg Leased Size928 sf
Avg Days to Lease28d
Leased $/SF$3.16

Leased Transaction Insights & Questions

How many suites were leased at Circa II last month, and how fast did they rent?

Circa II at 23 Cox Blvd in Markham's Unionville submarket closed leases in 28 days on average over the trailing 30 days, slightly above the submarket benchmark of 27 days. The 90-day average DOM sits at 29 days, and the lifetime average stretches to 34 days, indicating leasing turnover has modestly accelerated through the summer. Volume tells the same story: 4 leases closed in the last 30 days, 10 in the trailing 90 days, and 13 over the full one-year window. The July spike of 5 closings pulled the recent pace forward, while April and June each saw just a single transaction.

What is the negotiation spread between asking rents and closed lease prices at Circa II?

Circa II tenants negotiated an average discount of $56 per month (2.03% below asking), translating to $672 in annual savings per unit. This is a clear tenant-favorable outcome where landlords conceded on price to close deals. 61.5% of the 13 tracked leases settled below the original asking rent, confirming that prospective renters consistently pushed back on sticker pricing. The remaining leases either closed at or slightly above asking, but the net spread across all transactions landed at a $56 monthly concession in the tenant's favor.

What are typical executed lease prices across different layouts at Circa II?

The two highest-volume anchor layouts at Circa II are the 2-Bedroom + Den at an average $3,125 per month (15-day DOM) and the 1-Bedroom at $2,276 per month (58-day DOM). The 2-Bedroom + Den tier closed 6 leases with a median of $3,150, a P25-P75 range of $3,062 to $3,200, an average suite size of 1,167 square feet, a rate of $2.69 per square foot, and a 15-day DOM. This is a statistically robust benchmark across 6 closed leases. The 1-Bedroom tier closed 5 leases with a median of $2,200, a P25-P75 range of $2,200 to $2,380, an average size of 649 square feet, a rate of $3.51 per square foot, and a 58-day DOM. This is also a statistically robust benchmark across 5 closed leases. The 1-Bedroom + Den tier represents an individual single transaction at $2,500 per month for 714 square feet ($3.50 per square foot) with a 47-day DOM. The 3-Bedroom+ tier is likewise a single deal at $3,350 per month for 1,100 square feet ($3.05 per square foot) with an 18-day DOM.

What measurable rent premium did suites with parking achieve in closed leases at Circa II?

Circa II's realized leased parking premium cannot be isolated from the available data, as paired lease records do not provide sufficient matched samples to separate parking from suite rent. Active listings similarly show unreliable or insufficient paired data for a defensible parking figure. In practice, parking at this Tridel-built building is typically bundled into the monthly rent for 2-bedroom and larger units rather than listed as a standalone line item. Tenants should confirm whether a parking spot is included in the quoted rent before comparing against unbundle d active asking rates.

How does the lease-to-listing ratio at Circa II reflect current tenant demand?

Circa II rents tracked a volatile but broadly stable trajectory across the five-month window from April through August 2026, with the 30-day average settling at $2,763 per month. April saw 1 closed deal at $3,050 per month ($2.77 per square foot) with a 13-day DOM. May closed 2 deals at an average of $2,290 per month ($3.54 per square foot) but took 70 days on market. June recorded 1 deal at $2,400 per month ($3.69 per square foot) with a 72-day DOM. July accelerated sharply with 5 closings averaging $2,980 per month ($2.81 per square foot) in just 21 days. August followed with 4 deals at $2,763 per month ($3.16 per square foot) and a 28-day DOM, confirming the summer leasing window re-engaged after the spring lull.

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)
2026-04-27323706483.6652
2026-04-28423406493.6140
2026-04-29423406493.6141
2026-04-30423406493.6142
2026-05-01423406493.6143
2026-05-02423406493.6144
2026-05-03423406493.6145
2026-05-04423406493.6146
2026-05-05423406493.6147
2026-05-06323276503.5827
2026-05-07323276503.5828
2026-05-08323176503.5610
2026-05-09323176503.5611
2026-05-10323176503.5612
2026-05-11323176503.5613
2026-05-12323176503.5614
2026-05-13323176503.5615
2026-05-14323176503.5616
2026-05-15323176503.5617
2026-05-16323176503.5618
2026-05-17323176503.5619
2026-05-18323176503.5620
2026-05-19323176503.5621
2026-05-20323176503.5622
2026-05-21323176503.5623
2026-05-22323176503.5624
2026-05-23323176503.5625
2026-05-24323006503.5420
2026-05-25323006503.5421
2026-05-26323006503.5422
2026-05-27223256503.5821
2026-05-28223256503.5822
2026-05-29223256503.5823
2026-05-30223256503.5824
2026-05-31223256503.5825
2026-06-01223256503.5826
2026-06-02223256503.5827
2026-06-03223256503.5828
2026-06-04223256503.5829
2026-06-05223256503.5830
2026-06-06223256503.5831
2026-06-07223256503.5832
2026-06-08223256503.5833
2026-06-09223256503.5834
2026-06-10223256503.5835
2026-06-11223256503.5836
2026-06-12323106503.5524
2026-06-13323106503.5525
2026-06-14323106503.5526
2026-06-15425337633.3921
2026-06-16425337633.3922
2026-06-17425337633.3923
2026-06-18425337633.3924
2026-06-19425337633.3925
2026-06-20425337633.3926
2026-06-21425337633.3927
2026-06-22425337633.3928
2026-06-23425337633.3929
2026-06-24425337633.3930
2026-06-25425337633.3931
2026-06-26425337633.3932
2026-06-27525667533.4726
2026-06-28525667533.4727
2026-06-29525667533.4728
2026-06-30426087793.4118
2026-07-01426087793.4119
2026-07-02525367533.4216
2026-07-03525367533.4217
2026-07-04525367533.4218
2026-07-05525367533.4219
2026-07-06525367533.4220
2026-07-07525367533.4221
2026-07-08525367533.4222
2026-07-09626808443.2919
2026-07-10626808443.2920
2026-07-11626808443.2921
2026-07-12626808443.2922
2026-07-13626808443.2923
2026-07-14626808443.2924
2026-07-15626808443.2925
2026-07-16626808443.2926
2026-07-17626808443.2922
2026-07-18626808443.2923
2026-07-19626808443.2924
2026-07-20626808443.2925
2026-07-21626808443.2926
2026-07-22626808443.2927
2026-07-23626308443.2526
2026-07-24626308443.2527
2026-07-25525367533.4233
2026-07-26423706663.5540
2026-07-27423656663.5525
2026-07-28423656663.5526
2026-07-29525027533.3922
2026-07-30525027533.3923
2026-07-31425587793.3617
2026-08-01425587793.3618
2026-08-02326608213.3315
2026-08-03326608213.3316
2026-08-04326608213.3317
2026-08-05326608213.3318
2026-08-06326608213.3319
2026-08-07326608213.3320
2026-08-08326608213.3321
2026-08-09326608213.3322
2026-08-10326608213.3323
2026-08-11528919033.2615
2026-08-12528919033.2616
2026-08-13429399503.139
2026-08-14429399503.1310
2026-08-15329029003.259
2026-08-16329029003.2510
2026-08-17329029003.2511
2026-08-18329029003.2512
2026-08-19329029003.2513
2026-08-20329029003.2514
2026-08-21329029003.2515
2026-08-22329029003.2516
2026-08-23329029003.2517
2026-08-24430519753.1714
2026-08-25430519753.1715
2026-08-26430519753.1716
2026-08-27430519753.1717
2026-08-28430519753.1718
2026-08-29329359333.1919
2026-08-30329359333.1920
2026-08-31329359333.1921

12-Month Market Dynamics & Trend Trajectory

Circa II has closed 13 leases over its tracked lifetime at an average rent of $2,768 per month and a rate of $3.10 per square foot across an average suite size of 928 square feet. The lifetime average DOM stands at 34 days, and the building's 396-suite inventory in Unionville has seen steady but modest tenant turnover, with the one-year volume matching the all-time total of 13 transactions. This pattern suggests a low-churn, long-tenure occupancy profile typical of a 2010-era Tridel condominium in a mature suburban submarket. On pricing discipline, 61.5% of Circa II's tracked leases closed below the original asking rent, with tenants securing an average $56 per month discount (2.03% under asking). The net negotiation spread of -$56 per month confirms a tenant-favorable market where landlords absorbed concessions to close deals. Annualized, that concession equals $672 per unit per year in landlord revenue given up, reinforcing that Circa II's asking prices carry a modest premium over what the market will actually bear.

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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
Chart metrics & timeframe
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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)
2026-05-03123806453.69110
2026-05-100N/AN/AN/AN/A
2026-05-170N/AN/AN/AN/A
2026-05-24122006503.3829
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-28124006503.6972
2026-07-050N/AN/AN/AN/A
2026-07-121320011002.9132
2026-07-192315013002.428
2026-07-26227008753.1529
2026-08-02122006503.3831
2026-08-09227509073.1132
2026-08-160N/AN/AN/AN/A
2026-08-231335011003.0518

Nearby Building Rental Comparables & Price Spreads

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

Circa II at 23 Cox Blvd sits in a tight competitive cluster of four nearby rental buildings in Markham's Unionville submarket, all completed between 2006 and 2010. The closest competitor, Circa at 33 Cox Blvd (0.03 km away, completed 2006), recorded 15 closed leases over the trailing 180 days. Majestic Court I at 60 South Town Centre Blvd (0.19 km, completed 2009) logged 13 closed leases in the same window. The two Eko Markham Centre towers—Noa 1 at 55 South Town Centre Blvd and Noa 2 at 75 South Town Centre Blvd, both 0.22 km away and completed in 2008—closed 5 and 3 leases respectively. Circa II, built in 2010 by Tridel, is the most recently completed building in this set, giving it a marginal edge in unit finishes and mechanical systems over the 2006–2008 cohort. Across the four comparables, the average closed-lease rent is $2,357 per month at an average rate of $3.43 per square foot and an average suite size of 700 square feet. Circa II's realized lease average of $2,768 per month at 928 square feet places it above the comp set in absolute dollar terms, yet its $3.10 per square foot rate sits below every single competitor on a per-foot basis. The building's larger footprint—ranging from 91 to 378 additional square feet over each comp—means tenants are paying more in total but less for each unit of interior space, a value proposition that becomes especially compelling for households needing the extra room without stepping into a premium per-foot tier.

Circa33 m

33 Cox Blvd, Markham

Avg Asking$2,720/mo
Avg $/SF$3.40
Rent Spread:
-$215/mo (-7.3%) Lower

60 South Town Centre Blvd, Markham

Avg Asking$2,431/mo
Avg $/SF$3.15
Rent Spread:
-$504/mo (-17.2%) Lower

55 South Town Centre Blvd, Markham

Avg Asking$2,266/mo
Avg $/SF$3.43
Rent Spread:
-$669/mo (-22.8%) Lower

75 South Town Centre Blvd, Markham

Avg Asking$2,300/mo
Avg $/SF$3.62
Rent Spread:
-$635/mo (-21.6%) Lower

50 Clegg Rd, Markham

Avg Asking$2,663/mo
Avg $/SF$3.18
Rent Spread:
-$272/mo (-9.3%) Lower

32 Clegg Rd, Markham

Avg Asking$2,363/mo
Avg $/SF$3.17
Rent Spread:
-$573/mo (-19.5%) Lower

Comparable Analysis & Questions

How do rental rates at Circa II compare to neighbouring buildings within Unionville?

Circa II's average closed-lease rent of $2,768 per month runs $411 above the four-comp average of $2,357, a gap driven entirely by the building's larger suite sizes rather than a higher per-foot rate. Circa at 33 Cox Blvd (0.03 km) closed leases averaging $2,712 per month at $3.30 per square foot across 837-square-foot units. Majestic Court I at 60 South Town Centre Blvd (0.19 km) recorded an average of $2,365 per month at $3.21 per square foot for 746-square-foot suites. Eko Markham Centre – Noa 1 at 55 South Town Centre Blvd (0.22 km) leased at $2,266 per month, $3.43 per square foot, and 665 square feet on average. Eko Markham Centre – Noa 2 at 75 South Town Centre Blvd (0.22 km) showed the widest spread at $2,083 per month, $3.79 per square foot, and just 550 square feet. In every case, Circa II's higher absolute rent reflects its 91-to-378-square-foot size advantage, not a rate premium.

Does Circa II offer a competitive price-per-square-foot ($/SF) against local comparables?

Circa II delivers a more competitive rate per square foot than all four nearby competitors while offering the largest average suite in the cluster at 928 square feet. At $3.10 per square foot, the building trades at a $0.20-per-foot (6.1%) discount below Circa's $3.30, a $0.11-per-foot (3.4%) discount below Majestic Court I's $3.21, a $0.69-per-foot (18.2%) discount below Eko Noa 2's $3.79, and a $0.33-per-foot (9.6%) discount below Eko Noa 1's $3.43. A renter choosing Circa II over Circa, for example, gains 91 additional square feet while paying $0.20 less per foot; against Eko Noa 2, the space advantage stretches to 378 extra square feet at a rate nearly $0.70 per foot lower. The trade-off is straightforward: tenants accept a higher monthly dollar figure in exchange for materially more interior area at a lower per-foot cost, making Circa II the strongest value play for space-conscious households in this micro-market.

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

Circa II's amenity package at 23 Cox Blvd distinguishes itself from all four nearby competitors through a dedicated Business Centre, a Golf Simulator, a Car Wash Bay, and a Media & Theatre Room—features absent from one or more of the competing properties. The Business Centre is missing from Circa, Majestic Court I, Eko Noa 2, and Eko Noa 1, giving Circa II a clear edge for remote workers who need a professional meeting environment beyond a basic conference room. The Golf Simulator is unavailable at Majestic Court I, Eko Noa 2, and Eko Noa 1, while the Car Wash Bay is absent from all three of those buildings as well. The Media & Theatre Room is not offered at Circa or Majestic Court I. In return, competitors like Majestic Court I and both Eko towers provide rooftop terraces and garden courtyards that Circa II does not include, and several rivals add hot tubs and jacuzzis. The lifestyle package at Circa II is best suited to young professional couples and small families who prioritize in-building convenience—gym, indoor pool, sauna, business centre, and car wash under one roof—over outdoor resort-style amenities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Circa II.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Business Centre
  • Media & Theatre Room
  • Games & Billiards Room
  • Golf Simulator
  • Car Wash Bay

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Circa II.

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.