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Market Data as of August 31, 2026

Unionville Gardens — Rental Market Data

268 - 278 Buchanan Dr, Markham, Ontario L3R 6J1
Quick Rent Estimate
Active Suites6 Available
Type
Units
Avg Rent
1-Bedroom
2
$2,125
1-Bedroom + Den
2
$2,425
2-Bedroom + Den
1
$3,000
3-Bedroom+
1
$3,100

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2020
Total Suites379
DeveloperWyview Group

Unionville Gardens, situated at 268 - 278 Buchanan Dr in the Unionville neighborhood of Markham, is an established residential building completed in 2020 by developer Wyview Group, encompassing a total suite count of 379 units. Current availability stands at 6 active listings, resulting in a tight availability rate of 1.6 percent. Over the past 90 days, 19 leases closed with an average of 28 days on market, alongside 2 leases closed over the past 30 days averaging 56 days on market.

Asking rents across the active inventory average $2,533 per month at a rate of $3.93 per square foot, tracking closely with the 90-day realized lease average of $2,532 per month. Current active listings feature an average suite size of 682 square feet, while historical 90-day leases averaged 674 square feet. The active asking rate of $3.93 per square foot sits below the broader Unionville submarket asking benchmark of $4.16 per square foot by 5.5 percent.

Marketing friction remains low, evidenced by closed days on market averaging 28 days over 90 days compared to 55 days for unrented listings that were overpriced relative to realized leases. Tenants successfully negotiated an average discount of $24 per month, representing 0.88 percent below asking, with 34.5 percent of recent leases closing under asking. Prospective tenants will find deep selection within the 1-Bedroom and 1-Bedroom + Den tiers, which account for the majority of active inventory, while 2-Bedroom + Den and 3-Bedroom+ layouts maintain scarce single-listing availability.

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Active Rental Inventory & Asking Rates

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

Active Units6
+2 (50.0%)
Avg Asking Rent$2,533
-$249 (9.0%)
Avg Suite Size682 sf
-56 sf (7.5%)
Avg Days on Market17d
-28d (62.3%)
Avg Asking $/SF$3.93
-$0.04 (1.0%)

Active Market Insights & Questions

How has rental availability changed at Unionville Gardens recently?

Unionville Gardens features 6 active listings as of August 31, 2026, with an asking price range spanning from $2,050 to $3,100 per month, an average rent of $2,533 per month, and a median rent of $2,424 per month. The active inventory averages 682 square feet with an average asking rate of $3.93 per square foot. The current available pool leans toward compact entry-level layouts, with 1-bedroom and 1-bedroom plus den configurations capturing the majority of active listings.

What floor plans and unit layouts are currently available at Unionville Gardens?

The dominant active layout at Unionville Gardens is the 1-Bedroom tier, accounting for 2 listings and a 33.3 percent share of active inventory. Available 1-Bedroom suites average $2,125 per month across 475 square feet at $4.56 per square foot, while 1-Bedroom + Den units average $2,425 per month across 600 square feet at $4.07 per square foot. Larger floor plans include a single 2-Bedroom + Den listing averaging $3,000 per month across 991 square feet at $3.03 per square foot, alongside a single 3-Bedroom+ listing asking $3,100 per month across 950 square feet at $3.26 per square foot.

What is the average asking rent and $/SF by suite size at Unionville Gardens?

Unionville Gardens exhibits a minimum entry rent of $2,050 per month and a peak asking rent of $3,100 per month, creating a dollar spread of $1,050 or a 51.2 percent spread. The median asking rent sits at $2,424 per month. The entry-level suite is a 1-Bedroom configuration offering 400 square feet at an asking rate of $5.13 per square foot, while the peak suite comprises a 3-Bedroom+ layout spanning 950 square feet at an asking rate of $3.26 per square foot.

How much extra do parking spaces and dens cost at Unionville Gardens?

Unionville Gardens commands an active den premium of $300 per month for a square footage delta of 125 square feet, yielding a marginal cost of $2.40 per square foot for the additional den space. Verified parking stall costs add an extra $150 per month to lease agreements. These add-on charges reflect standard operational premiums across the building's active inventory.

How do asking rents at Unionville Gardens compare to local and municipal benchmarks?

Unionville Gardens asks an average of $2,533 per month at $3.93 per square foot, compared to the wider Unionville submarket asking benchmark of $3,119 per month at $4.16 per square foot. The building's lower nominal monthly outlay is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot tracks 5.5 percent below the submarket asking benchmark while representing 33.3 percent of total submarket active 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 Unionville Gardens (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,940
Avg Leased Size674 sf
Avg Days to Lease56d
Leased $/SF$5.38

Leased Transaction Insights & Questions

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

At Unionville Gardens, the 30-day average days on market reached 56 days with 2 closed leases, compared to a 90-day average of 28 days across 19 transactions, and a submarket benchmark of 27 days. Over the tracked historical timeline, 29 total leases were executed, demonstrating that leasing velocity moderated during the late summer slowdown after robust spring activity.

What is the negotiation spread between asking rents and closed lease prices at Unionville Gardens?

At Unionville Gardens, transactions closed with an average tenant discount of $24 per month, representing a 0.88% concession below asking and yielding total annual tenant savings of $288 per year. Exactly 34.5% of leases closed under asking price while remaining deals secured 100% of asking, highlighting mild tenant pricing leverage.

What are typical executed lease prices across different layouts at Unionville Gardens?

At Unionville Gardens, the primary anchor layouts are the 1-Bedroom + Den and the 1-Bedroom. The 1-Bedroom + Den achieved an average monthly rent of $2,287 per month over 19 days on market across a robust sample of 17 closed leases. The 1-Bedroom recorded an average monthly rent of $2,188 per month over 31 days on market across a limited sample size of 4 closed leases, with a median of $2,175 per month, a P25-P75 range of $2,100 to $2,262 per month, an average size of 575 square feet, and $3.82 per square foot. The 2-Bedroom logged an average monthly rent of $2,945 per month over 42 days on market across a limited sample size of 4 closed leases, featuring a median of $2,940 per month, a P25-P75 range of $2,900 to $2,985 per month, an average size of 800 square feet, and $3.69 per square foot. The 2-Bedroom + Den posted an average monthly rent of $2,933 per month over 23 days on market across a limited sample size of 3 closed leases, showing a median of $2,950 per month, a P25-P75 range of $2,925 to $2,950 per month, an average size of 700 square feet, and $4.76 per square foot. The 3-Bedroom+ recorded an average monthly rent of $3,100 per month over 47 days on market for an individual single deal (1 closed lease). Note that this represents an individual transaction rather than a broad statistical benchmark, featuring an average size of 950 square feet and $3.26 per square foot.

What measurable rent premium did suites with parking achieve in closed leases at Unionville Gardens?

At Unionville Gardens, realized leased parking premiums were unavailable due to insufficient paired data in historical closed lease files. Active asking listings reflect a verified parking premium of $150 per month, while historical leases largely bundled parking rights into suite rents without separate line-item tracking.

How does the lease-to-listing ratio at Unionville Gardens reflect current tenant demand?

At Unionville Gardens, overall monthly rent followed a climbing trajectory from early spring into the summer peak. In April 2026, 2 deals closed averaging $2,250 per month at $3.78 per square foot over 36 days on market. By May 2026, 8 deals closed averaging $2,338 per month at $3.64 per square foot over 16 days on market. In June 2026, 5 deals closed averaging $2,395 per month at $3.40 per square foot over 31 days on market. In July 2026, leasing activity peaked with 12 deals closing at an average of $2,521 per month at $3.62 per square foot over 23 days on market. In August 2026, volume moderated to 2 deals averaging $2,940 per month at $5.38 per square foot over 56 days on market.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Unionville Gardens (Data period: For the month of August 2026).

Delisted Units2
Avg Asking Price$3,050
Avg Suite Size850 sf
Avg Days on Market55d
Delisted $/SF$3.62

De-Listed Market Analysis & Questions

How many listings de-listed at Unionville Gardens, and what was their re-listing price compared to previous asking?

At Unionville Gardens, a total of 2 unrented units were delisted, yielding a delisted-to-leased ratio percentage of 100% relative to 29 lifetime leases, comprising 0 terminated listings, 1 expired listing, and 1 suspended listing. This equates to 1 unrented listing pulled for every 14.5 successful leases, pointing to minor friction on specific floor plans.

How do asking prices on de-listed suites compare to executed leases and active listings at Unionville Gardens?

At Unionville Gardens, unrented units asked an average of $3,050 per month, which is $110 per month above realized lease averages of $2,940 per month, alongside an average delisted rate of $3.62 per square foot. Unrented units were overpriced relative to realized leases, signaling that prospective tenants pushed back on above-market asking prices.

What market friction causes rental listings to stall or de-list at Unionville Gardens?

At Unionville Gardens, delisted units recorded an average of 55 days on market compared to a realized lease average of 25 days. This excess marketing time of 30 days generates minimal operational vacancy carry, translating to roughly one month of lost rental income plus ongoing condo maintenance fees for overextended landlords.

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
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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)
2026-04-27823816253.8230
2026-04-28824196383.8023
2026-04-29923886393.7415
2026-04-301023706403.7114
2026-05-011023706403.7115
2026-05-021023706403.7116
2026-05-031123686453.6716
2026-05-041123686453.6717
2026-05-051223706463.6816
2026-05-061324176623.6616
2026-05-071224286633.6718
2026-05-081124306643.6713
2026-05-091124396643.6813
2026-05-101224236633.6713
2026-05-111123756553.6414
2026-05-121023736553.6415
2026-05-131023736553.6416
2026-05-141023736553.6417
2026-05-151023736553.6418
2026-05-16824226693.6421
2026-05-17824226693.6422
2026-05-18824226693.6423
2026-05-19724546863.5823
2026-05-20724546863.5824
2026-05-21825227193.5322
2026-05-22925867333.5420
2026-05-23925867333.5421
2026-05-24925867333.5422
2026-05-25925867333.5423
2026-05-26925867333.5424
2026-05-27925867333.5425
2026-05-28826167383.5726
2026-05-29925697283.5524
2026-05-30925697283.5525
2026-05-31925697283.5526
2026-06-011026337503.5325
2026-06-021026337503.5326
2026-06-031026337503.5327
2026-06-041026337503.5328
2026-06-051026337503.5329
2026-06-06926817613.5432
2026-06-07926817613.5433
2026-06-08926817613.5434
2026-06-09926817613.5435
2026-06-101126207413.5629
2026-06-111226607583.5328
2026-06-121226607583.5329
2026-06-131326337503.5328
2026-06-141426097433.5327
2026-06-151326257503.5224
2026-06-161326257503.5225
2026-06-171226407583.5024
2026-06-181226407583.5025
2026-06-191326677583.5424
2026-06-201326677583.5425
2026-06-211326677583.5426
2026-06-221226407423.5726
2026-06-231326677503.5725
2026-06-241426417433.5724
2026-06-251326687503.5724
2026-06-261326687503.5725
2026-06-271326687503.5726
2026-06-281326687503.5727
2026-06-291326687503.5728
2026-06-301226867583.5525
2026-07-011226867583.5526
2026-07-021226867583.5527
2026-07-031127217683.5530
2026-07-041127217683.5531
2026-07-051127217683.5532
2026-07-061327027583.5828
2026-07-071127717773.5824
2026-07-081127667683.6323
2026-07-091127667683.6324
2026-07-101227787673.6523
2026-07-111227787673.6524
2026-07-121227787673.6525
2026-07-131227757673.6425
2026-07-141227757673.6426
2026-07-151227757673.6427
2026-07-161027767553.7826
2026-07-171027767553.7827
2026-07-181027767553.7828
2026-07-191027767553.7829
2026-07-201027767553.7830
2026-07-21927517443.8031
2026-07-22927517443.8032
2026-07-23828137693.7735
2026-07-24727727573.7932
2026-07-25727727573.7933
2026-07-26727727573.7934
2026-07-27628557753.8339
2026-07-28528067403.9538
2026-07-29528067403.9539
2026-07-30427837383.9745
2026-07-31427837383.9746
2026-08-01427837383.9747
2026-08-02427837383.9748
2026-08-03428336504.9443
2026-08-04327835835.4128
2026-08-05327835835.4129
2026-08-06327835835.4130
2026-08-07327835835.4131
2026-08-08427005755.1724
2026-08-09427005755.1725
2026-08-10427005755.1726
2026-08-11427005755.1727
2026-08-12427005755.1728
2026-08-13427005755.1729
2026-08-14427005755.1730
2026-08-15427005755.1731
2026-08-16527806504.7926
2026-08-17527806504.7927
2026-08-18527806504.7928
2026-08-19527806504.7929
2026-08-20627176504.6125
2026-08-21627176504.6126
2026-08-22627176504.6127
2026-08-23627176504.6128
2026-08-24627176504.6129
2026-08-25526407003.9831
2026-08-26524406204.1115
2026-08-27524406204.1116
2026-08-28625336823.9314
2026-08-29625336823.9315
2026-08-30625336823.9316
2026-08-31625336823.9317

12-Month Market Dynamics & Trend Trajectory

Unionville Gardens has established a consistent leasing history characterized by 29 total lifetime closed leases, an average monthly rent of $2,459 per month, an average rate of $3.72 per square foot, and an average suite size of 674 square feet. Tenant turnover averaged 25 days on market across the lifetime dataset, demonstrating healthy historical absorption across the building's 379 suites. Pricing discipline at the property heavily favored tenants, with 34.5% of past leases securing concessions below asking while remaining transactions closed at 100% of asking price. This tenant-favorable leasing environment generated an average monthly discount of $24 per month, securing modest annual tenant savings and reflecting disciplined landlord positioning in response to localized submarket competition.

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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)
2026-05-03223006503.549
2026-05-10424136503.7113
2026-05-17121005503.8234
2026-05-24123507003.3625
2026-05-31122506503.468
2026-06-070N/AN/AN/AN/A
2026-06-14123006503.5450
2026-06-21225508003.2140
2026-06-28223136503.5612
2026-07-05223006503.5426
2026-07-12424506753.6222
2026-07-19226257003.8122
2026-07-26327677833.5628
2026-08-02129808503.5190
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23129004007.2522

Nearby Building Rental Comparables & Price Spreads

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

Unionville Gardens at 268 - 278 Buchanan Dr is situated directly among a dense cluster of mid-2010s high-rise developments in Markham's Unionville submarket, competing directly with Uptown Markham - River Park C at 0.14 km away (built in 2014, with 13 active listings), Uptown Markham - Riverwalk East Building B at 0.18 km away (built in 2015, with 14 active listings), Uptown Markham - River Park A at 0.19 km away (built in 2014, with 11 active listings), and Uptown Markham - River Park B at 0.24 km away (built in 2014, with 14 active listings). Completed in 2020, Unionville Gardens represents a slightly younger structural generation than its 2014 and 2015 neighbors, introducing more modern contemporary building systems and updated interior layouts to the immediate micro-market. Across the competitive set, the micro-market demonstrates an overall average lease rent of $2,432 per month, an average rate of $3.49 per square foot, and an average suite size of 710 square feet. Unionville Gardens positions itself competitively within this peer group by offering modern 2020 construction build quality that translates into highly efficient layouts, trading at competitive square foot economics while maintaining strong lifestyle appeal relative to its mid-2010s neighbors.

8228 Birchmount Rd, Markham

Avg Asking$2,339/mo
Avg $/SF$3.57
Rent Spread:
-$194/mo (-7.7%) Lower

28 Uptown Dr, Markham

Avg Asking$2,496/mo
Avg $/SF$3.42
Rent Spread:
-$37/mo (-1.5%) Lower

8200 Birchmount Rd, Markham

Avg Asking$2,443/mo
Avg $/SF$3.51
Rent Spread:
-$90/mo (-3.5%) Lower

1 Uptown Dr, Markham

Avg Asking$2,583/mo
Avg $/SF$3.61
Rent Spread:
+$50/mo (+2.0%) Higher

18 Uptown Dr, Markham

Avg Asking$2,457/mo
Avg $/SF$3.72
Rent Spread:
-$77/mo (-3.0%) Lower

25 Water Walk Dr, Markham

Avg Asking$2,443/mo
Avg $/SF$3.73
Rent Spread:
-$90/mo (-3.5%) Lower

Comparable Analysis & Questions

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

Unionville Gardens achieves an average lease rent of $2,459 per month, comparing closely against the overall comp average of $2,432 per month across its primary competitor set along Birchmount Road and Uptown Drive. Individual competitor lease metrics include Uptown Markham - River Park C (8228 Birchmount Rd) at an average rent of $2,281 per month, $3.53 per square foot, and 650 square feet; Uptown Markham - Riverwalk East Building B (28 Uptown Dr) at an average rent of $2,475 per month, $3.40 per square foot, and 745 square feet; Uptown Markham - River Park A (8200 Birchmount Rd) at an average rent of $2,468 per month, $3.40 per square foot, and 740 square feet; and Uptown Markham - River Park B (1 Uptown Dr) at an average rent of $2,504 per month, $3.63 per square foot, and 704 square feet.

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

Unionville Gardens establishes its value proposition by delivering modern 2020 construction with an average leased rate of $3.72 per square foot across an average footprint of 674 square feet, aligning closely with the submarket's broader pricing dynamics. Renters evaluating the building versus older 2014 and 2015 alternatives like Uptown Markham - Riverwalk East Building B (745 square feet at $3.40 per square foot) and Uptown Markham - River Park A (740 square feet at $3.40 per square foot) trade slightly more compact interior dimensions for newer interior finishes, contemporary mechanical systems, and reduced maintenance and utility burdens. Against more comparable footprints like Uptown Markham - River Park C (650 square feet at $3.53 per square foot), Unionville Gardens provides more interior square footage while commanding a justified premium for its newer vintage and expanded wellness facilities.

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

Unionville Gardens offers an extensive, resort-style amenity package that distinguishes it from nearby mid-2010s developments, featuring signature highlights including an indoor pool, an outdoor pool, a sauna and steam room, a dedicated yoga studio, and dual plunge pools. While competitors such as Uptown Markham - River Park A (8200 Birchmount Rd) include specialized features like a pet wash station, indoor kids' play room, and outdoor children's playground, and Uptown Markham - River Park C (8228 Birchmount Rd) incorporates Amazon pick-up lockers, Unionville Gardens provides a more robust wellness and recreational infrastructure. This extensive amenity program is particularly well-suited for fitness-conscious professionals, couples, and residents seeking comprehensive on-site leisure and relaxation options without leaving the property.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Unionville Gardens.

Building Amenities

  • Concierge & Security
  • Indoor Pool
  • Outdoor Pool
  • Sauna & Steam Room
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Rooftop Terrace
  • Garden & Courtyard
  • Games & Billiards Room
  • Media & Theatre Room
  • Yoga Studio
  • Library & Reading Room
  • Karaoke Room
  • Mahjong Room
  • Plunge Pools

Data Methodology & Analytical Standards

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

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.