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Market Data as of August 31, 2026

Garden Court — Rental Market Data

28 Prince Regent St, Markham, Ontario L6C 0V5
Quick Rent Estimate
Active Suites3 Available
Type
Units
Avg Rent
2-Bedroom
1
$2,850
2-Bedroom + Den
1
$3,000
3-Bedroom+
1
$3,000

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2014
Total Suites186
DeveloperMonarch Group

Garden Court at 28 Prince Regent Street in Unionville, Markham, is a 186-suite residential building completed in 2014 by Monarch Group. As of August 31, 2026, three units are actively listed for rent, representing a 1.6 percent availability rate. The building closed two leases in the past 30 days at an average of $2,875 per month with a 24-day marketing cycle, and four leases over the trailing 90 days averaging $2,755 per month with an 18-day average days on market.

Current active listings carry an average asking rent of $2,950 per month at $2.87 per square foot across an average suite size of 1,029 square feet. Realized 90-day leases averaged $2,755 per month at $3.01 per square foot, meaning the current asking rate sits roughly 7 percent above recent closed rents on a nominal basis while the per-square-foot rate is modestly lower, reflecting that today's available suites are larger than those recently leased. Against the Unionville submarket asking benchmark of $4.16 per square foot, Garden Court's active inventory prices at a 31 percent discount, offering materially more competitive unit pricing for renters in this corridor.

Marketing friction is minimal: zero units were delisted without leasing in the tracked period, and the four 90-day leases show a tenant-favorable negotiation pattern where 40 percent of deals closed under asking rent, with tenants saving an average of $16 per month or approximately $192 per year. Active inventory depth is thin across all tiers—each bedroom category holds exactly one listing, so renters face single-unit scarcity rather than a choice of multiple comparable options within the building.

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Active Rental Inventory & Asking Rates

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

Active Units3
+1 (50.0%)
Avg Asking Rent$2,950
+$75 (2.6%)
Avg Suite Size1,029 sf
+24 sf (2.4%)
Avg Days on Market19d
+11d (123.5%)
Avg Asking $/SF$2.87
-$0.04 (1.3%)

Active Market Insights & Questions

How has rental availability changed at Garden Court recently?

Garden Court at 28 Prince Regent Street has three active rental listings as of August 31, 2026, with asking rents ranging from $2,850 to $3,000 per month, an average of $2,950, and a median of $3,000. The average suite size across these listings is 1,029 square feet at an asking rate of $2.87 per square foot. Inventory is evenly split across three layout tiers—two-bedroom, two-bedroom plus den, and three-bedroom-plus—each representing 33.3 percent of active availability, so the building currently offers no single dominant layout and skews toward mid-size family-oriented suites rather than compact entry-level units.

What floor plans and unit layouts are currently available at Garden Court?

The active inventory at Garden Court is evenly distributed, with each of the three available bedroom tiers holding one listing and a 33.3 percent share. The two-bedroom suite asks $2,850 per month for 950 square feet at $3.00 per square foot; the two-bedroom plus den unit lists at $3,000 per month for 1,037 square feet at $2.89 per square foot; and the three-bedroom-plus layout is priced at $3,000 per month for 1,100 square feet at $2.73 per square foot. Because every tier is a single listing, renters should treat each as an individual transaction with limited in-building alternatives.

What is the average asking rent and $/SF by suite size at Garden Court?

Garden Court's three active listings span a $150 spread from a minimum entry rent of $2,850 to a peak asking rent of $3,000 per month, a 5.3 percent range. The median asking rent sits at $3,000 per month. The entry-level option is a two-bedroom suite of 950 square feet priced at $3.00 per square foot, while the peak listing is a three-bedroom-plus layout of 1,100 square feet at $2.73 per square foot, meaning the larger suite actually commands a lower unit rate despite the higher monthly outlay.

How much extra do parking spaces and dens cost at Garden Court?

Garden Court's active den premium cannot be quantified from current listings, as the paired sample is insufficient to isolate a reliable dollar delta or marginal cost per square foot for den space. Parking stall premiums are likewise inconclusive; the active listing data does not support a verified parking add-on figure, and historical lease records do not provide a paired benchmark. Renters should confirm both den and parking costs directly with the leasing office before signing.

How do asking rents at Garden Court compare to local and municipal benchmarks?

Garden Court's active asking rent of $2,950 per month at $2.87 per square foot undercuts the Unionville submarket asking benchmark of $3,119 per month at $4.16 per square foot on both nominal and unit-rate measures. The building's per-square-foot rate is 31 percent below the submarket asking average, indicating a genuinely more competitive pricing position rather than a sizing artifact. With three active listings out of 18 total in the submarket, Garden Court represents approximately 17 percent of current Unionville rental availability.

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 Garden Court (Data period: For the month of August 2026).

Units Leased2
Avg Leased Price$2,875
Avg Leased Size872 sf
Avg Days to Lease24d
Leased $/SF$2.91

Leased Transaction Insights & Questions

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

Garden Court at 28 Prince Regent St in Markham's Unionville submarket closed leases in 24 days on average over the trailing 30 days, matching the submarket benchmark of 27 days and improving on its own 90-day average of 18 days. The building recorded 2 closed leases in the last 30 days, 4 in the last 90 days, and 5 over the full trailing year, indicating leasing turnover accelerated into late summer after a quiet spring. With only 5 lifetime leases on record across 186 suites, the volume remains thin but the pace of closings picked up meaningfully from April through August.

What is the negotiation spread between asking rents and closed lease prices at Garden Court?

Garden Court tenants negotiated an average discount of $16 per month (0.77% below asking), saving them $192 per year in concessions from landlords. 40% of all closed leases settled under the listed asking price, confirming modest but real tenant leverage in this micro-market. The net negotiation spread of -$16 per month is small in absolute terms, yet it signals that asking prices at Garden Court are set slightly above what the Unionville rental pool will bear without pushback.

What are typical executed lease prices across different layouts at Garden Court?

The two highest-volume anchor layouts at Garden Court are the 2-Bedroom (3 closed leases, $2,673 average rent, 18-day DOM) and the 1-Bedroom + Den (1 closed lease, $2,000 average rent, 65-day DOM). The 2-Bedroom tier represents a small sample of 3 transactions and serves as a directional reference only; it averaged 850 square feet at $3.15 per square foot, with rents spanning $2,635 to $2,735 (P25–P75) and a median of $2,720. The 1-Bedroom + Den is an individual single transaction, not a broad statistical benchmark; it covered 650 square feet at $3.08 per square foot and took 65 days to close. The 3-Bedroom+ tier is also an individual single deal; it leased at $3,000 per month for 1,160 square feet ($2.59 per square foot) with an 18-day DOM.

What measurable rent premium did suites with parking achieve in closed leases at Garden Court?

Garden Court's realized leased parking premium cannot be reliably isolated due to insufficient paired data between bundled and unbundled suites. Active listings also show an unreliable or outlier-driven parking figure, so no defensible monthly parking value can be quoted for this building. Tenants should confirm whether parking is included in the suite rent or billed separately at lease signing, as the dataset does not support a standardized premium estimate.

How does the lease-to-listing ratio at Garden Court reflect current tenant demand?

Garden Court rents climbed from $2,000 in April to $2,875 by August 2026, reflecting a clear upward trajectory across the tracked spring-to-summer timeline. April saw 1 closed deal at $2,000 per month ($3.08 per square foot) with a 65-day DOM. June closed 1 deal at $2,720 per month ($3.20 per square foot) in just 4 days. July recorded 1 lease at $2,550 per month ($3.00 per square foot) with a 20-day DOM. August closed 2 deals averaging $2,875 per month ($2.91 per square foot) over 24 days, capping the strongest volume month of the season.

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
Select layout to filter chart
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)
2026-04-27220886503.2144
2026-04-28220886503.2145
2026-04-29220886503.2146
2026-04-30121006503.2328
2026-05-01121006503.2329
2026-05-02121006503.2330
2026-05-03121006503.2331
2026-05-04121006503.2332
2026-05-05121006503.2333
2026-06-22126808503.15N/A
2026-06-23126808503.151
2026-06-24126808503.152
2026-06-25126808503.153
2026-07-07125958503.05N/A
2026-07-08125958503.051
2026-07-09125958503.052
2026-07-10125958503.053
2026-07-11125958503.054
2026-07-12125958503.055
2026-07-13125958503.056
2026-07-14125958503.057
2026-07-15125958503.058
2026-07-16125958503.059
2026-07-17125958503.0510
2026-07-182279810052.826
2026-07-192279810052.827
2026-07-202279810052.828
2026-07-212279810052.829
2026-07-222279810052.8210
2026-07-232279810052.8211
2026-07-242279810052.8212
2026-07-252279810052.8213
2026-07-262279810052.8214
2026-07-272287510052.915
2026-07-282287510052.916
2026-07-292287510052.917
2026-07-302287510052.918
2026-07-312287510052.919
2026-08-012287510052.9110
2026-08-022287510052.9111
2026-08-032287510052.9112
2026-08-042287510052.9113
2026-08-05228759752.985
2026-08-06228759752.986
2026-08-07228759752.987
2026-08-08228759752.988
2026-08-09228759752.989
2026-08-10228759752.9810
2026-08-11228759752.9811
2026-08-12329179962.958
2026-08-13329179962.959
2026-08-14329179962.9510
2026-08-15329179962.9511
2026-08-16329179962.9512
2026-08-17329179962.9513
2026-08-18329179962.9514
2026-08-19429009842.9611
2026-08-20429009842.9612
2026-08-21429009842.9613
2026-08-22429009842.9614
2026-08-23429009842.9615
2026-08-24429009842.9616
2026-08-25429009842.9617
2026-08-263295010292.8714
2026-08-273295010292.8715
2026-08-283295010292.8716
2026-08-293295010292.8717
2026-08-303295010292.8718
2026-08-313295010292.8719

12-Month Market Dynamics & Trend Trajectory

Garden Court has closed 5 lifetime leases across its 186-suite inventory, averaging $2,604 per month at $3.02 per square foot for suites of roughly 872 square feet. The lifetime average DOM stands at 27 days, and the building's leasing cadence has been sparse but steady, with turnover concentrated in the spring-to-summer 2026 window. Tenant mix skews toward 2-Bedroom units (60% of closed leases), with single transactions filling out the 1-Bedroom + Den and 3-Bedroom+ tiers. On pricing discipline, 40% of Garden Court leases closed below asking, producing a net tenant discount of $16 per month (0.77%). The annualized concession works out to $192 per year in landlord give-backs, a modest but consistent signal that asking prices are set just above the market's willingness to pay. The negotiation direction is firmly tenant-favorable, and no premium or at-asking clustering emerged in the data.

Loading inventory data…

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
Max 2 selected
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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)
2026-06-21127208503.204
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-26125508503.0020
2026-08-021300011602.5918
2026-08-090N/AN/AN/AN/A
2026-08-160N/AN/AN/AN/A
2026-08-23127508503.2430

Nearby Building Rental Comparables & Price Spreads

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

Garden Court at 28 Prince Regent St sits in the Unionville submarket of Markham, and its closest direct competitor is The Courtyards – Building 1 at 101 Cathedral High St, just 0.16 km away. The Courtyards completed in 2024, making it a full decade newer than Garden Court, which was built in 2014 by Monarch Group. Over the trailing 180 days, The Courtyards recorded four closed lease transactions, indicating steady absorption in this tight micro-market. The two buildings represent distinct structural generations: Garden Court reflects the mid-2010s suburban high-rise playbook with 186 suites, while The Courtyards embodies the post-pandemic build-out with a broader amenity footprint and a 2024 completion date. On the numbers, the single comparable benchmark sets an average closed-lease rent of $2,500 per month at $3.32 per square foot across an average suite of 772 square feet. Garden Court's all-time leased average comes in at $2,604 per month over 872 square feet, or $3.02 per square foot. That means a Garden Court tenant pays $104 more in absolute monthly rent but gains 100 additional square feet of interior space while paying a full $0.30 per square foot less than the comp. Against the broader Unionville submarket, where the average leased rate runs $2,719 per month at $3.37 per square foot, Garden Court's $3.02 per square foot represents roughly a 11% discount on a per-foot basis, positioning the building as the value-oriented option for renters who prioritise suite size over amenity breadth.

101 Cathedral High St, Markham

Avg Asking$2,690/mo
Avg $/SF$4.44
Rent Spread:
-$260/mo (-8.8%) Lower

6 David Eyer Rd, Richmond Hill

Avg Asking$2,742/mo
Avg $/SF$3.14
Rent Spread:
-$208/mo (-7.1%) Lower

2 David Eyer Rd, Richmond Hill

Avg Asking$2,487/mo
Avg $/SF$3.56
Rent Spread:
-$463/mo (-15.7%) Lower

9 Stollery Pond Cres, Markham

Avg Asking$3,400/mo
Avg $/SF$3.09
Rent Spread:
+$450/mo (+15.3%) Higher

326 Major Mackenzie Dr E, Richmond Hill

Avg Asking$2,600/mo
Avg $/SF$2.96
Rent Spread:
-$350/mo (-11.9%) Lower

309 Major Mackenzie Dr E, Richmond Hill

Avg Asking$2,375/mo
Avg $/SF$2.97
Rent Spread:
-$575/mo (-19.5%) Lower

Comparable Analysis & Questions

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

Garden Court's average closed-lease rent of $2,604 per month runs $104 (about 4.2%) above The Courtyards – Building 1 at 101 Cathedral High St, which closed leases at an average of $2,500 per month over the same trailing period. The Courtyards' suites average 772 square feet at $3.32 per square foot, while Garden Court's leased suites average 872 square feet at $3.02 per square foot. In other words, the higher absolute rent at Garden Court buys a meaningfully larger footprint, and on a per-foot basis the subject actually trades at a nine-per-cent discount to its nearest competitor. The Unionville submarket average lease rent of $2,719 per month at $3.37 per square foot further confirms that both buildings sit below the broader area benchmark, with Garden Court offering the most competitive rate per square foot of the two.

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

Garden Court delivers 872 square feet of interior space at $3.02 per square foot, giving renters 100 more square feet than The Courtyards – Building 1's 772-square-foot average while paying $0.30 per square foot less. The Courtyards, at 101 Cathedral High St, charges $3.32 per square foot for its smaller suites, so a tenant choosing Garden Court trades a slightly higher monthly rent for a noticeably larger living area at a lower per-foot cost. Against the Unionville submarket benchmark of $3.37 per square foot, Garden Court's $3.02 rate represents an 11% per-foot discount, making it the more space-efficient option in this immediate pocket. The practical trade-off is straightforward: renters who value square footage and a lower rate per foot will find Garden Court the stronger value, while those who prioritise a newer building shell and a wider amenity suite may lean toward The Courtyards despite the smaller footprint.

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

Garden Court offers a focused five-item amenity package—concierge and security, car wash bay, BBQ area, party and lounge room, and a meeting room—while its nearest competitor, The Courtyards – Building 1 at 101 Cathedral High St, layers on a gym and fitness centre, a landscaped garden and courtyard, EV charging stations, and a grand salon with bar and solarium. Garden Court's car wash bay and dedicated meeting room are practical, day-to-day conveniences that The Courtyards also provides, but the 2024 building extends its offering with fitness, outdoor green space, and a hospitality-grade lounge that Garden Court does not match. For renters who want a streamlined, low-maintenance lifestyle with secure parking wash access, a functional BBQ and party space, and a bookable meeting room without paying for a gym or solarium they will not use, Garden Court's compact amenity set paired with its larger suites and lower per-foot rate makes it the best fit for practical, space-driven professionals in the Unionville corridor.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Garden Court.

Building Amenities

  • Concierge & Security
  • Car Wash Bay
  • BBQ Area
  • Party & Lounge Room
  • Meeting Room

Data Methodology & Analytical Standards

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

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.