Gallery Towers - Tower D — Rental Market Data

There is currently 1 active rental listing available at 38 Andre De Grasse St in Markham. Over the past 30 days, availability has averaged 1 suites.

Current active inventory spans 1-bedroom floor plans.

Asking rents range across available layouts, averaging $2,400/month ($3.69/SF).

Landlords place an implied premium of $0/month for dedicated parking stalls and $0/month for suites with a den.

Asking rents at Gallery Towers - Tower D ($2,400/month) are 12.2% lower than the Markham average ($2,734/month).

Gallery Towers – Tower D's average realized lease rent of $2,443 per month runs $34 above the four-comp benchmark of $2,409, with the spread driven primarily by two active peers that price below the subject. Gallery Towers – Tower E at 56 Andre De Grasse St (0.06 km, 19 closed leases) averages $2,416 per month at $3.64 per square foot across 670 square feet, meaning the subject commands $27 more per month. The Signature Collection – Building K at 180 Enterprise Blvd (0.10 km, 21 closed leases) averages $2,339 per month at $3.69 per square foot across 638 square feet, placing the subject $104 higher on a monthly basis. Gallery Square – Tower B at 292 Verdale Crossing (0.15 km, 19 closed leases) averages $2,471 per month at $3.56 per square foot across 702 square feet, so the subject trades $28 below this peer. Gallery Square – Tower C at 38 Simcoe Prom (0.06 km) recorded zero closed leases over the trailing 180 days and therefore carries no realized rent benchmark against which to compare.

Gallery Towers – Tower D leases at $3.59 per square foot across an average 699-square-foot suite, positioning it at a slight per-square-foot discount to the $3.63 comp average while delivering roughly 29 to 61 more interior square feet than its two closest active peers. Against Gallery Towers – Tower E, the subject trades at a $0.05 per square foot (1.4 percent) discount while providing 29 more interior square feet, so the $27 higher monthly rent is entirely a function of the larger footprint rather than a per-unit-area premium. The same dynamic holds against The Signature Collection – Building K, where the subject offers a $0.10 per square foot (2.7 percent) discount and 61 more square feet, explaining the $104 nominal rent gap as a space differential, not an asset-valuation premium. The one exception is Gallery Square – Tower B, where the subject commands a $0.03 per square foot (0.8 percent) premium yet provides 3 fewer square feet; here the $28 lower monthly rent reflects the marginally smaller interior rather than a weaker per-foot rate, and the trade-off is negligible at three square feet of difference.

Gallery Towers – Tower D offers a 13-item amenity suite spanning fitness, social, remote-work, and pet-care themes, placing it in the upper tier of its immediate peer set but short of the most feature-dense competitors. The subject includes a Yoga Studio, Games & Billiards Room, Media & Theatre Room, Dining Room & Kitchen, Party & Lounge Room, Meeting Room, BBQ Area, Rooftop Terrace, Dog Run, and Pet Wash Station—features that are entirely absent from The Signature Collection – Building K, whose 2017-era package centres on an Indoor Pool, Hot Tub & Jacuzzi, and Garden & Courtyard but omits the yoga, billiards, media, dining, BBQ, and pet-wash offerings. Against Gallery Square – Tower B, the subject lacks a Sauna & Steam Room, Basketball Court, and Library & Reading Room; against Gallery Towers – Tower E it is missing only a Workshop. The building's lifestyle package—combining a dedicated yoga studio, full gym, meeting room, media theatre, and on-site pet wash—best serves young professional and dual-income tenants in the Markham City Centre who prioritise a balanced mix of wellness, social gathering, and remote-work infrastructure over aquatic or resort-style recreation.