Market Data as of August 31, 2026
Uptown Markham - Riverwalk East Building B — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Uptown Markham – Riverwalk East Building B at 28 Uptown Drive in Markham City Centre is a 195-suite residential tower completed in 2015 by Times Group. As of August 31, 2026, the building carries one active listing out of 96 available units across the submarket, translating to a 0.5 percent availability rate. Leasing velocity remains steady: one lease closed in the trailing 30 days at an average of $2,350 per month with a 14-day time on market, while eight leases sealed over the prior 90 days averaged $2,606 per month and 19 days on market.
The single active asking rent of $2,350 per month works out to $3.62 per square foot across a 650-square-foot footprint, which is a higher rate per square foot than the 90-day realized lease average of $3.22 per square foot and the all-time lease benchmark of $3.38 per square foot. That premium per square foot coexists with a notably more compact suite size compared to the 753-square-foot average recorded across historical leases, meaning the lower nominal rent reflects tighter footprint rather than a pricing concession. Against the Markham City Centre asking benchmark of $3.58 per square foot, the building's active rate sits 1.1 percent above the submarket norm.
Marketing friction is minimal: the active listing has been on market for just two days, well under the submarket average of 27 days, and no delisted, terminated, or expired listings appear in the record. Across all 13 tracked closed leases, tenants negotiated an average discount of $43 per month, or 1.62 percent below asking, with 46.2 percent of deals closing under the initial ask and delivering roughly $516 in annual savings. Inventory depth is effectively a single-unit play: the sole available layout is a one-bedroom plus den, leaving no multi-bedroom or two-bedroom alternatives for renters seeking larger footprints at this address.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at Uptown Markham - Riverwalk East Building B as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at Uptown Markham - Riverwalk East Building B recently?
Uptown Markham – Riverwalk East Building B lists one active unit as of August 31, 2026, with an asking rent of $2,350 per month (minimum, average, and median all identical given the single listing). The suite spans 650 square feet at an asking rate of $3.62 per square foot. The 100 percent layout share is a one-bedroom plus den, placing the entire active inventory in the compact entry-level-plus tier rather than multi-bedroom executive configurations.
What floor plans and unit layouts are currently available at Uptown Markham - Riverwalk East Building B?
The sole active layout at Uptown Markham – Riverwalk East Building B is a one-bedroom plus den, representing 100 percent of available inventory with a single listing. That unit asks $2,350 per month across 650 square feet, equating to $3.62 per square foot. No two-bedroom, three-bedroom, or studio tiers currently appear in the active pipeline.
What is the average asking rent and $/SF by suite size at Uptown Markham - Riverwalk East Building B?
With only one unit on the market, Uptown Markham – Riverwalk East Building B shows a minimum and maximum asking rent of $2,350 per month, producing a dollar spread of zero and a percentage spread of zero. The entry-level suite is a one-bedroom plus den at 650 square feet and $3.62 per square foot, which is also the peak asking configuration. A meaningful pricing range cannot be derived from a single listing; renters should reference the 90-day realized lease average of $2,606 per month for context on typical closed pricing at this address.
How much extra do parking spaces and dens cost at Uptown Markham - Riverwalk East Building B?
Active den premium and square-footage delta figures for Uptown Markham – Riverwalk East Building B are unquantified due to insufficient paired sample data, so no marginal cost per square foot for the den component can be reliably stated. Parking stall premiums likewise cannot be isolated from the current dataset; the paired sample is too small or contains anomalous outliers to support a defensible dollar figure. Renters should request a written parking add-on quote directly from the leasing office before signing.
How do asking rents at Uptown Markham - Riverwalk East Building B compare to local and municipal benchmarks?
Uptown Markham – Riverwalk East Building B asks $2,350 per month at $3.62 per square foot, compared to the Markham City Centre submarket asking average of $2,711 per month and $3.58 per square foot. The building's nominal rent is $361 below the submarket asking average, a gap fully explained by its 650-square-foot footprint versus the submarket implied average of 757 square feet; on a per-square-foot basis the building actually trades 1.1 percent above the submarket asking rate. The single active listing represents one out of 96 available units in the Markham City Centre submarket, or roughly 1.0 percent of total 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 Uptown Markham - Riverwalk East Building B (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at Uptown Markham - Riverwalk East Building B last month, and how fast did they rent?
Riverwalk East Building B closed one lease in the trailing 30 days at a 14-day DOM, compared to a 19-day DOM across the 90-day window and a 27-day submarket benchmark. The 90-day window captured eight closed leases, while the full trailing year logged thirteen transactions. Leasing cadence accelerated sharply in July with six closings before moderating to a single August deal, indicating a mid-summer surge rather than sustained velocity.
What is the negotiation spread between asking rents and closed lease prices at Uptown Markham - Riverwalk East Building B?
Riverwalk East Building B tenants negotiated an average discount of $43 per month (1.62% below asking), translating to $516 in annual savings per unit. Forty-six percent of tracked leases closed under the listed asking price, confirming measurable tenant leverage in this submarket. Landlords conceded on price across the majority of transactions, and no lease settled at or above the initial ask.
What are typical executed lease prices across different layouts at Uptown Markham - Riverwalk East Building B?
The 1-Bedroom + Den layout dominates Riverwalk East Building B volume with eight closed leases averaging $2,338 per month at an 18-day DOM. The 2-Bedroom tier recorded three closings at an average of $2,883 per month (median $2,850, P25–P75 range $2,825–$2,925), averaging 944 square feet at $3.05 per square foot over 18 days on market. This is a limited sample size and serves as a directional indicator only. The 1-Bedroom tier logged a single transaction at $2,150 per month across 550 square feet ($3.91 per square foot) with a 22-day DOM; this represents an individual single transaction, not a broad statistical benchmark. The 2-Bedroom + Den tier also recorded one deal at $2,800 per month across 1,100 square feet ($2.55 per square foot) in just 5 days on market; again, this is an individual single transaction rather than a statistical benchmark.
What measurable rent premium did suites with parking achieve in closed leases at Uptown Markham - Riverwalk East Building B?
Riverwalk East Building B does not have sufficient paired lease data to isolate a reliable parking premium. Active listings also show unreliable or insufficient sample sizes for parking valuation, making any premium figure inconclusive. Tenants should confirm whether parking is bundled into the suite rent or billed separately before signing a lease.
How does the lease-to-listing ratio at Uptown Markham - Riverwalk East Building B reflect current tenant demand?
Riverwalk East Building B rents trended from $2,325 in April to $2,350 in August, with a mid-summer peak of $2,800 in June driven by a larger suite. April closed two deals at $2,325 per month ($3.58 per square foot, 13-day DOM). May recorded three closings at $2,267 per month ($3.69 per square foot, 17-day DOM). June's single deal hit $2,800 per month but at just $2.55 per square foot over 5 days; the nominal jump reflects a 1,100-square-foot 2-Bedroom + Den footprint rather than a rate increase. July saw six closings averaging $2,617 per month ($3.35 per square foot, 22-day DOM). August closed one lease at $2,350 per month ($3.13 per square foot, 14-day DOM).
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/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 | 2 | 2280 | 650 | 3.51 | 30 |
| 2026-04-28 | 2 | 2280 | 650 | 3.51 | 31 |
| 2026-04-29 | 2 | 2315 | 650 | 3.56 | 29 |
| 2026-04-30 | 3 | 2260 | 617 | 3.68 | 20 |
| 2026-05-01 | 3 | 2260 | 617 | 3.68 | 21 |
| 2026-05-02 | 2 | 2250 | 600 | 3.76 | 3 |
| 2026-05-03 | 3 | 2283 | 617 | 3.71 | 2 |
| 2026-05-04 | 3 | 2283 | 617 | 3.71 | 3 |
| 2026-05-05 | 3 | 2283 | 617 | 3.71 | 4 |
| 2026-05-06 | 3 | 2283 | 617 | 3.71 | 5 |
| 2026-05-07 | 2 | 2250 | 600 | 3.76 | 6 |
| 2026-05-08 | 2 | 2250 | 600 | 3.76 | 7 |
| 2026-05-09 | 2 | 2250 | 600 | 3.76 | 8 |
| 2026-05-10 | 2 | 2250 | 600 | 3.76 | 9 |
| 2026-05-11 | 2 | 2250 | 600 | 3.76 | 10 |
| 2026-05-12 | 2 | 2250 | 600 | 3.76 | 11 |
| 2026-05-13 | 2 | 2250 | 600 | 3.76 | 12 |
| 2026-05-14 | 2 | 2250 | 600 | 3.76 | 13 |
| 2026-05-15 | 2 | 2250 | 600 | 3.76 | 14 |
| 2026-05-16 | 2 | 2250 | 600 | 3.76 | 15 |
| 2026-05-17 | 2 | 2250 | 600 | 3.76 | 16 |
| 2026-05-18 | 2 | 2250 | 600 | 3.76 | 17 |
| 2026-05-19 | 2 | 2250 | 600 | 3.76 | 18 |
| 2026-05-20 | 2 | 2250 | 600 | 3.76 | 19 |
| 2026-05-21 | 2 | 2250 | 600 | 3.76 | 20 |
| 2026-05-22 | 1 | 2350 | 650 | 3.62 | 19 |
| 2026-05-23 | 1 | 2350 | 650 | 3.62 | 20 |
| 2026-05-24 | 1 | 2350 | 650 | 3.62 | 21 |
| 2026-06-01 | 1 | 2280 | 550 | 4.15 | N/A |
| 2026-06-02 | 1 | 2280 | 550 | 4.15 | 1 |
| 2026-06-03 | 1 | 2280 | 550 | 4.15 | 2 |
| 2026-06-04 | 2 | 2640 | 825 | 3.44 | 2 |
| 2026-06-05 | 2 | 2640 | 825 | 3.44 | 3 |
| 2026-06-06 | 2 | 2640 | 825 | 3.44 | 4 |
| 2026-06-07 | 2 | 2640 | 825 | 3.44 | 5 |
| 2026-06-08 | 2 | 2640 | 825 | 3.44 | 6 |
| 2026-06-09 | 1 | 2280 | 550 | 4.15 | 8 |
| 2026-06-10 | 1 | 2280 | 550 | 4.15 | 9 |
| 2026-06-11 | 1 | 2280 | 550 | 4.15 | 10 |
| 2026-06-12 | 1 | 2280 | 550 | 4.15 | 11 |
| 2026-06-13 | 1 | 2280 | 550 | 4.15 | 12 |
| 2026-06-14 | 1 | 2280 | 550 | 4.15 | 13 |
| 2026-06-15 | 1 | 2280 | 550 | 4.15 | 14 |
| 2026-06-16 | 1 | 2280 | 550 | 4.15 | 15 |
| 2026-06-17 | 1 | 2280 | 550 | 4.15 | 16 |
| 2026-06-18 | 1 | 2280 | 550 | 4.15 | 17 |
| 2026-06-19 | 1 | 2280 | 550 | 4.15 | 18 |
| 2026-06-20 | 1 | 2280 | 550 | 4.15 | 19 |
| 2026-06-21 | 1 | 2280 | 550 | 4.15 | 20 |
| 2026-06-22 | 1 | 2280 | 550 | 4.15 | 21 |
| 2026-06-23 | 1 | 2280 | 550 | 4.15 | 22 |
| 2026-06-24 | 1 | 2280 | 550 | 4.15 | 23 |
| 2026-06-25 | 1 | 2280 | 550 | 4.15 | 24 |
| 2026-06-26 | 1 | 2280 | 550 | 4.15 | 25 |
| 2026-06-27 | 1 | 2280 | 550 | 4.15 | 26 |
| 2026-06-28 | 1 | 2280 | 550 | 4.15 | 27 |
| 2026-06-29 | 2 | 2540 | 750 | 3.55 | 14 |
| 2026-06-30 | 3 | 2493 | 717 | 3.60 | 10 |
| 2026-07-01 | 3 | 2493 | 717 | 3.60 | 11 |
| 2026-07-02 | 3 | 2493 | 717 | 3.60 | 12 |
| 2026-07-03 | 3 | 2493 | 717 | 3.60 | 13 |
| 2026-07-04 | 4 | 2583 | 771 | 3.46 | 11 |
| 2026-07-05 | 4 | 2583 | 771 | 3.46 | 12 |
| 2026-07-06 | 4 | 2583 | 771 | 3.46 | 13 |
| 2026-07-07 | 4 | 2583 | 771 | 3.46 | 14 |
| 2026-07-08 | 4 | 2583 | 771 | 3.46 | 15 |
| 2026-07-09 | 4 | 2583 | 771 | 3.46 | 16 |
| 2026-07-10 | 4 | 2583 | 771 | 3.46 | 17 |
| 2026-07-11 | 3 | 2683 | 844 | 3.23 | 10 |
| 2026-07-12 | 4 | 2588 | 787 | 3.36 | 8 |
| 2026-07-13 | 4 | 2588 | 787 | 3.36 | 9 |
| 2026-07-14 | 5 | 2580 | 780 | 3.37 | 8 |
| 2026-07-15 | 5 | 2580 | 780 | 3.37 | 9 |
| 2026-07-16 | 5 | 2580 | 780 | 3.37 | 10 |
| 2026-07-17 | 5 | 2580 | 780 | 3.37 | 11 |
| 2026-07-18 | 5 | 2580 | 780 | 3.37 | 12 |
| 2026-07-19 | 5 | 2580 | 780 | 3.37 | 13 |
| 2026-07-20 | 4 | 2588 | 787 | 3.36 | 16 |
| 2026-07-21 | 5 | 2690 | 820 | 3.34 | 14 |
| 2026-07-22 | 5 | 2600 | 780 | 3.38 | 10 |
| 2026-07-23 | 5 | 2600 | 780 | 3.38 | 11 |
| 2026-07-24 | 5 | 2600 | 780 | 3.38 | 12 |
| 2026-07-25 | 5 | 2600 | 780 | 3.38 | 13 |
| 2026-07-26 | 5 | 2600 | 780 | 3.38 | 14 |
| 2026-07-27 | 3 | 2533 | 778 | 3.29 | 18 |
| 2026-07-28 | 3 | 2533 | 778 | 3.29 | 19 |
| 2026-07-29 | 3 | 2533 | 778 | 3.29 | 20 |
| 2026-07-30 | 1 | 2350 | 750 | 3.13 | 8 |
| 2026-07-31 | 1 | 2350 | 750 | 3.13 | 9 |
| 2026-08-01 | 1 | 2350 | 750 | 3.13 | 10 |
| 2026-08-02 | 1 | 2350 | 750 | 3.13 | 11 |
| 2026-08-03 | 1 | 2350 | 750 | 3.13 | 12 |
| 2026-08-04 | 1 | 2350 | 750 | 3.13 | 13 |
| 2026-08-29 | 1 | 2350 | 650 | 3.62 | N/A |
| 2026-08-30 | 1 | 2350 | 650 | 3.62 | 1 |
| 2026-08-31 | 1 | 2350 | 650 | 3.62 | 2 |
12-Month Market Dynamics & Trend Trajectory
Riverwalk East Building B realized an average lease of $2,485 per month at $3.38 per square foot across 753 square feet, trading 0.6% below the Markham City Centre submarket average of $2,500 and 9.8% below the submarket rate of $3.57 per square foot. The building's 17-day average DOM undercuts the submarket benchmark of 27 days, suggesting faster absorption despite the modest per-square-foot discount. Pricing discipline at Riverwalk East Building B favours tenants, with 46% of tracked leases closing below asking and an average concession of $43 per month (1.62%). The net negotiation spread of -$43 per month equates to $516 in annual tenant savings, confirming that landlords in this building routinely push back on price rather than holding firm at the initial ask.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-03 | 1 | 2350 | 650 | 3.62 | 8 |
| 2026-05-10 | 0 | N/A | N/A | N/A | N/A |
| 2026-05-17 | 1 | 2150 | 550 | 3.91 | 22 |
| 2026-05-24 | 1 | 2300 | 650 | 3.54 | 22 |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 1 | 2800 | 1100 | 2.55 | 5 |
| 2026-06-14 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-05 | 1 | 2150 | 550 | 3.91 | 40 |
| 2026-07-12 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-19 | 2 | 2650 | 850 | 3.14 | 15 |
| 2026-07-26 | 3 | 2750 | 844 | 3.30 | 21 |
| 2026-08-02 | 1 | 2350 | 750 | 3.13 | 14 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
Uptown Markham – Riverwalk East Building B at 28 Uptown Dr sits in a tightly clustered competitive pocket of four nearby competitors, all within 130 metres and all recording active lease volume over the trailing 180 days. The closest peer is Uptown Markham – Riverwalk East Building A at 18 Uptown Dr, just 0.07 km away and also completed in 2015, which logged 27 closed leases. Uptown Markham – River Park C at 8228 Birchmount Rd (0.12 km, built in 2014) recorded 13 closed leases, while Uptown Markham – River Park B at 1 Uptown Dr (0.13 km, also 2014) closed 14 leases over the same window. The most transacted competitor is Uptown Markham – Riverside Building A at 15 Water Walk Dr, 0.13 km to the east and completed in 2018, with 35 closed leases in the trailing six months. No competitor in this set recorded zero transactions, so every nearby building serves as both an architectural reference and an active pricing benchmark. Against the four-comp average of $2,435 per month, $3.63 per square foot, and 685 square feet of interior space, the subject's realized lease profile of $2,485 per month at $3.38 per square foot across 753 square feet positions it as the largest-footprint asset in the immediate cluster. The subject's per-square-foot rate runs roughly 7 to 8 percent below every active competitor, a discount that is entirely a function of its larger interior footprint rather than a weaker asset valuation. At 195 suites and a 2015 completion, the building occupies the same structural generation as Buildings A, River Park B, and River Park C, while Riverside Building A (2018) represents the newest construction in the set. The subject's value proposition in this pocket is straightforward: more livable square footage at a lower rate per square foot, with a modest nominal-rent premium over the two 2014-era competitors and near-parity with the two 2015-and-2018 peers.
Comparable Analysis & Questions
How do rental rates at Uptown Markham - Riverwalk East Building B compare to neighbouring buildings within Markham City Centre?
Uptown Markham – Riverwalk East Building B realized an average lease rent of $2,485 per month over the trailing year, which is $50 above the four-comp benchmark of $2,435 and below the submarket average of $2,500. Against Uptown Markham – Riverwalk East Building A at 18 Uptown Dr (0.07 km, 27 closed leases, $2,456 average rent, $3.66 per square foot, 690 sq ft), the subject commands a $29-per-month higher rent. Versus Uptown Markham – River Park C at 8228 Birchmount Rd (0.12 km, 13 closed leases, $2,281 average rent, $3.53 per square foot, 650 sq ft), the subject's realized rent is $204 higher per month. The subject trades at a $19-per-month lower rent than Uptown Markham – River Park B at 1 Uptown Dr (0.13 km, 14 closed leases, $2,504 average rent, $3.63 per square foot, 704 sq ft) and a $12-per-month lower rent than Uptown Markham – Riverside Building A at 15 Water Walk Dr (0.13 km, 35 closed leases, $2,497 average rent, $3.68 per square foot, 697 sq ft). All four competitors recorded active closed-lease volume, so each provides a realized pricing reference rather than a zero-transaction architectural placeholder.
Does Uptown Markham - Riverwalk East Building B offer a competitive price-per-square-foot ($/SF) against local comparables?
Uptown Markham – Riverwalk East Building B leases at $3.38 per square foot across an average 753-square-foot suite, a rate that sits below every active competitor in the immediate cluster and below the four-comp average of $3.63 per square foot, while delivering 49 to 103 more interior square feet than each peer. Against Riverwalk East Building A, the subject trades at a $0.28-per-square-foot (7.7%) discount and provides 63 more interior square feet; the $29 higher nominal rent is driven entirely by the larger footprint, not a per-unit premium. Compared with River Park C, the subject offers a $0.15-per-square-foot (4.2%) discount and 103 additional square feet, which explains why the subject's $204 higher monthly rent reflects extra livable space rather than stronger asset pricing. Versus River Park B, the subject trades at a $0.25-per-square-foot (6.9%) discount with 49 more square feet, and the $19 lower nominal rent is consistent with a slightly smaller total bill despite the larger suite. Against Riverside Building A, the subject carries a $0.30-per-square-foot (8.2%) discount and 56 more square feet, with the $12 lower rent again attributable to the per-foot rate differential rather than a weaker valuation. In every pairing, the subject's nominal rent variance is a footprint effect, not a premium or discount on the asset itself.
How do building age, amenities, and developer reputation impact rent spreads?
Uptown Markham – Riverwalk East Building B offers a ten-item lifestyle package anchored by an indoor pool, rooftop terrace, dining room and kitchen, and meeting room, placing it in the upper tier of the immediate peer set but short of the wellness and convenience add-ons found at two of its four competitors. The subject's indoor pool distinguishes it from Riverside Building A, which features an outdoor pool and a BBQ area but no indoor aquatic facility; conversely, the subject lacks the sauna and steam room present at both River Park B and River Park C, as well as the business centre at River Park B and the Amazon pick-up lockers and outdoor children's playground at River Park C. The subject's dining room and kitchen are absent from both River Park buildings, giving it a stronger communal-entertainment edge, while its rooftop terrace matches the offering at River Park B, River Park C, and Riverside Building A but replaces the garden-and-courtyard spaces found at Building A and Riverside. This amenity mix—indoor aquatic recreation, full dining and meeting facilities, and a rooftop terrace without spa or co-working add-ons—best serves young professional and dual-income households in their late twenties to mid-thirties who prioritize social and entertainment amenities over wellness suites or remote-work infrastructure.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around Uptown Markham - Riverwalk East Building B.
Building Amenities
- Concierge & Security
- Party & Lounge Room
- Meeting Room
- Indoor Pool
- Gym & Fitness Centre
- Games & Billiards Room
- Media & Theatre Room
- Library & Reading Room
- Dining Room & Kitchen
- Rooftop Terrace
Residential Buildings in the Vicinity
- Uptown Markham - Riverwalk East Building A73 m
- Uptown Markham - River Park C117 m
- Uptown Markham - River Park B125 m
- Uptown Markham - Riverside Building A127 m
- Uptown Markham - Riverside Building B144 m
- Uptown Markham - River Park A153 m
- Unionville Gardens181 m
- Uptown Markham - Riverview B242 m
- Ellington Park276 m
- Uptown Markham - Riverview C300 m
- Uptown Markham - Riverview A310 m
- The Verdale on the Valley537 m
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Uptown Markham - Riverwalk East 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.
