240 Markland — Rental Market Data

240 Markland has one active listing as of August 31, 2026, asking $2,625 per month with both the average and median rent at that same figure. The available suite spans 950 square feet at $2.76 per square foot, and the 100 percent layout share belongs to a two-bedroom configuration. With only a single unit on the market, inventory skews toward a mid-size multi-bedroom offering rather than compact entry-level studios or larger executive three-bedroom layouts.

The sole active layout at 240 Markland is a two-bedroom suite, representing 100 percent of the building's current available inventory. That single listing carries an average asking rent of $2,625 per month across 950 square feet, equating to $2.76 per square foot. No one-bedroom or three-bedroom units are currently listed, so renters seeking alternative bedroom counts must look to neighbouring buildings in the Etobicoke Centre submarket.

240 Markland's active pricing spread is effectively zero, with both the minimum and maximum asking rent at $2,625 per month across a single available unit. The entry-level and peak suite are the same two-bedroom configuration at 950 square feet and $2.76 per square foot, so there is no internal price gradient to navigate. Renter negotiation leverage is limited by the at-asking closing pattern observed across all seven tracked historical leases, where no measurable discount was extracted from landlords.

Den premium data for 240 Markland cannot be quantified, as no paired active listings with and without a den are available to isolate the marginal cost per square foot of additional den space. Active parking premiums are likewise unquoted; the available sample is insufficient or contains anomalous outliers that prevent a reliable per-stall figure from being established. Renters should confirm parking availability and associated monthly fees directly with the leasing office before signing a lease.

240 Markland's active asking rate of $2,625 per month and $2.76 per square foot sits 1.1 percent below the Etobicoke Centre submarket average asking rent of $2,654 per month but 24.8 percent below the submarket asking benchmark of $3.67 per square foot. The nominal rent is marginally lower than the neighbourhood average, yet the per-square-foot rate is substantially below because the active suite at 950 square feet is 227 square feet larger than the submarket implied average of 723 square feet. 240 Markland accounts for one out of 78 active listings in the Etobicoke Centre submarket, a 1.3 percent share of total available inventory.

240 Markland's all-time average realized lease rent of $2,421 per month sits $624 below the three-comp blended benchmark of $3,045, with the gap widening sharply against the newest and largest suites in the set. The Markwood at 4365 Bloor Street W, 0.08 kilometres away, closed four leases averaging $3,563 per month at $4.19 per square foot across 850-square-foot suites, placing the subject $1,142 lower on a monthly basis. The Bloordale at 4340 Bloor Street W, 0.4 kilometres distant, recorded two closed leases at an average of $2,147 per month and $2.86 per square foot over 750 square feet, meaning the subject commands a $274 higher monthly rent than this same-era peer. The Masters IV at 284 Mill Rd, 0.98 kilometres out, closed a single lease at $3,425 per month and $3.11 per square foot across 1,100 square feet, leaving the subject $1,004 lower per month. The Masters III at 288 Mill Rd, 0.92 kilometres away, recorded zero closed leases over the trailing 180 days and therefore offers no realized rent benchmark for direct comparison.

240 Markland leases at an average of $2.81 per square foot across 864 square feet, trading at a discount to every active nearby competitor on a per-square-foot basis while offering more interior space than two of the three transacting peers. Against The Markwood at 4365 Bloor Street W, the subject trades at a $1.38 per square foot (32.9 per cent) discount, yet provides 14 more interior square feet than that 2025 build's 850-square-foot average suite; the $1,142 lower monthly rent is therefore driven by the comp's premium rate structure rather than a smaller footprint at the subject. Versus The Bloordale at 4340 Bloor Street W, the subject trades at a modest $0.05 per square foot (1.7 per cent) discount while delivering 114 more interior square feet, and the $274 higher monthly rent reflects that additional floor area rather than a rate premium. Against The Masters IV at 284 Mill Rd, the subject trades at a $0.30 per square foot (9.6 per cent) discount but provides 236 fewer interior square feet, so the $1,004 lower monthly rent is a function of the smaller suite footprint rather than a weaker per-square-foot valuation. The Masters III at 288 Mill Rd recorded zero closed leases in the past 180 days and cannot serve as a pricing benchmark.

240 Markland fields a 13-item amenity package spanning fitness, social, pet, and remote-work facilities, positioning it well above the bare-bones profile of its same-era neighbour while trailing the resort-scale offerings of the 1976 Masters buildings. The subject's signature features—a dedicated Yoga Studio, Media & Theatre Room, Business Centre, Pet Wash Station, and outdoor Children's Playground—genuinely distinguish it from The Bloordale at 4340 Bloor Street W, which offers only concierge service, shared laundry, a dog run, and storage lockers. Against The Markwood at 4365 Bloor Street W, the subject lacks EV charging, an indoor kids' play room, and a parcel room but matches on gym, yoga, party lounge, business centre, media room, BBQ area, garden, playground, dog run, and pet wash. The Masters IV at 284 Mill Rd and the zero-volume The Masters III at 288 Mill Rd both outclass the subject with indoor and outdoor pools, saunas, racquetball courts, basketball courts, and golf simulators, amenities absent from 240 Markland's roster. This package best serves mid-career professionals and small families who want a full-service fitness and social environment with dedicated pet and childcare facilities, without paying the premium associated with resort-style aquatic and court-sport amenities.