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Market Data as of August 31, 2026

Milliken Centre — Rental Market Data

4600 Steeles Ave E, Markham, Ontario L3R 5J1
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,249

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed2011
Total Suites135
DeveloperMady Developments

Milliken Centre at 4600 Steeles Ave E in Markham East is an established residential building completed in 2011 by Mady Developments featuring 135 total suites. Current availability stands at 1 active listing resulting in a 0.7 percent availability rate. Over the past 90 days, the building recorded 2 closed lease transactions averaging 47 days on the market, while 30-day closed volume stands at 0 transactions with 0 average days on the market.

Active listings show an average asking rent of $2,249 per month at $4.09 per square foot, sitting below the realized 90-day leasing average of $2,400 per month across a larger 750 square foot average footprint. Current active inventory features more compact 550 square foot floor plans compared to historical leases, pushing the active asking rate per square foot 24.7 percent above the Markham East submarket asking benchmark of $3.28 per square foot.

Recent leasing negotiations at Milliken Centre favor tenants completely, with 100 percent of leases closing below asking for an average discount of $150 per month or 5.92 percent off list price, generating annual tenant savings of $1,800. Unrented inventory sits at zero delisted units, indicating clean leasing absorption without withdrawn listings. Prospective tenants face extremely limited options as the building currently offers zero availability outside of a single 1-Bedroom + Den suite, meaning multi-bedroom executive layouts are entirely absent from the active market.

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Active Rental Inventory & Asking Rates

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

Active Units1
0
Avg Asking Rent$2,249
$0
Avg Suite Size550 sf
0 sf
Avg Days on Market31d
+31d (0.0%)
Avg Asking $/SF$4.09
$0.00

Active Market Insights & Questions

How has rental availability changed at Milliken Centre recently?

Milliken Centre has 1 active listing as of August 31, 2026, featuring a price range of $2,249 per month, an average asking rent of $2,249 per month, and a median asking rent of $2,249 per month. The active inventory averages 550 square feet with an asking rate of $4.09 per square foot. A single layout tier accounts for 100 percent of available stock, heavily skewing current inventory toward a compact, single-listing entry-level suite rather than multi-bedroom executive floor plans.

What floor plans and unit layouts are currently available at Milliken Centre?

The dominant active layout at Milliken Centre is the 1-Bedroom + Den, accounting for 1 active listing and 100 percent of current market share. This sole available 1-Bedroom + Den floor plan averages $2,249 per month across an average of 550 square feet at a rate of $4.09 per square foot. There are zero active units available across any other bedroom tier.

What is the average asking rent and $/SF by suite size at Milliken Centre?

Milliken Centre displays a minimum entry rent of $2,249 per month and a peak asking rent of $2,249 per month, resulting in a dollar spread of $0 and a percentage spread of 0 percent. The median asking rent matches this exact figure at $2,249 per month. The entry-level and peak suite are identical, represented by a 1-Bedroom + Den layout spanning 550 square feet priced at $4.09 per square foot.

How much extra do parking spaces and dens cost at Milliken Centre?

Milliken Centre has an unquantified active den premium and square footage delta as current listings consist entirely of a single layout tier. Marginal costs for extra den space cannot be calculated due to the single-listing sample. Active parking stall costs cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Milliken Centre compare to local and municipal benchmarks?

Milliken Centre asking rents average $2,249 per month at $4.09 per square foot, comparing to the Markham East submarket asking benchmark of $2,465 per month and $3.28 per square foot. The lower nominal monthly rent is driven by more compact suite sizing rather than cheaper unit pricing. The building's asking rate per square foot sits 24.7 percent above the submarket asking average while representing a 0.7 percent share of total submarket inventory.

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)
2026-04-27124006503.6983
2026-04-28124006503.6984
2026-04-29124006503.6985
2026-04-30124006503.6986
2026-05-01124006503.6987
2026-05-02124006503.6988
2026-05-03124006503.6989
2026-05-28125006503.85N/A
2026-05-29125006503.851
2026-05-30125006503.852
2026-05-31125006503.853
2026-06-01125006503.854
2026-06-02225507503.453
2026-06-03225507503.454
2026-06-04225507503.455
2026-06-05225507503.456
2026-06-06225507503.457
2026-06-07225507503.458
2026-06-08225507503.459
2026-06-09225507503.4510
2026-06-10225507503.4511
2026-06-11225507503.4512
2026-06-12225507503.4513
2026-06-13225507503.4514
2026-06-14225507503.4515
2026-06-15225507503.4516
2026-06-16225507503.4517
2026-06-17225507503.4518
2026-06-18225507503.4519
2026-06-19225507503.4520
2026-06-20225507503.4521
2026-06-21225507503.4522
2026-06-22225507503.4523
2026-06-23225507503.4524
2026-06-24225507503.4525
2026-06-25225507503.4526
2026-06-26225507503.4527
2026-06-27225507503.4528
2026-06-28225507503.4529
2026-06-29225507503.4530
2026-06-30225507503.4531
2026-07-01225507503.4532
2026-07-02225507503.4533
2026-07-03225507503.4534
2026-07-04225507503.4535
2026-07-05225507503.4536
2026-07-06225507503.4537
2026-07-07225507503.4538
2026-07-08225507503.4539
2026-07-09225507503.4540
2026-07-10225507503.4541
2026-07-11125006503.8544
2026-07-12125006503.8545
2026-07-13125006503.8546
2026-07-14125006503.8547
2026-07-15125006503.8548
2026-07-16125006503.8549
2026-07-17125006503.8550
2026-07-18125006503.8551
2026-07-19125006503.8552
2026-07-20125006503.8553
2026-07-31122495504.09N/A
2026-08-01122495504.091
2026-08-02122495504.092
2026-08-03122495504.093
2026-08-04122495504.094
2026-08-05122495504.095
2026-08-06122495504.096
2026-08-07122495504.097
2026-08-08122495504.098
2026-08-09122495504.099
2026-08-10122495504.0910
2026-08-11122495504.0911
2026-08-12122495504.0912
2026-08-13122495504.0913
2026-08-14122495504.0914
2026-08-15122495504.0915
2026-08-16122495504.0916
2026-08-17122495504.0917
2026-08-18122495504.0918
2026-08-19122495504.0919
2026-08-20122495504.0920
2026-08-21122495504.0921
2026-08-22122495504.0922
2026-08-23122495504.0923
2026-08-24122495504.0924
2026-08-25122495504.0925
2026-08-26122495504.0926
2026-08-27122495504.0927
2026-08-28122495504.0928
2026-08-29122495504.0929
2026-08-30122495504.0930
2026-08-31122495504.0931

12-Month Market Dynamics & Trend Trajectory

Milliken Centre has recorded a lifetime volume of 2 closed lease transactions at an average rent of $2,400 per month and $3.24 per square foot. Suites averaged 750 square feet with a lifetime average of 47 days on market, reflecting moderate tenant turnover across the 135-suite Markham development. Transaction distribution showed 100% of closed leases settling below asking price, yielding an average tenant discount of $150 per month or 5.92% in realized savings. This established tenant-favorable market leverage, with landlords offering concessions to secure occupancy.

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
Show min/max boundaries

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)
2026-07-05125008502.9439
2026-07-120N/AN/AN/AN/A
2026-07-19123006503.5454

Nearby Building Rental Comparables & Price Spreads

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

Milliken Centre, built in 2011 with 135 suites, competes directly with a cluster of established residential towers along Kennedy Road, including Residences of Casa Del Sol (B) at 7373 Kennedy Rd (built in 2009, located 0.97 kilometers away with 1 active listing), Residences of Casa Del Sol (A) at 7363 Kennedy Rd (built in 2009, located 0.99 kilometers away with 3 closed leases in the past 180 days), and Greenlife Midtown Markham at 7768 Kennedy Rd (built in 2017, located 2.04 kilometers away with 4 closed leases in the past 180 days). These nearby competitors span a structural generation from 2009 to 2017, placing Milliken Centre right in the middle of this mature suburban micro-market's age profile. Evaluating the broader competitive benchmark, the surrounding comps average $2,612 per month at $2.84 per square foot across an average suite size of 971 square feet. Milliken Centre positions itself as a compact, higher-density option within this submarket, trading at an average leased rate of $3.24 per square foot for its 750-square-foot units. While its overall monthly rents remain accessible due to these smaller footprints, the building's rate per square foot reflects its modern layout efficiency and central Markham East location relative to older, larger alternative inventory.

7373 Kennedy Rd, Markham

Avg Asking$2,633/mo
Avg $/SF$2.69
Rent Spread:
+$384/mo (+17.1%) Higher

7363 Kennedy Rd, Markham

Avg Asking$2,350/mo
Avg $/SF$3.39
Rent Spread:
+$101/mo (+4.5%) Higher

4101 Steeles Avenue E, Scarborough

Avg Asking$2,500/mo
Avg $/SF$2.63
Rent Spread:
+$251/mo (+11.2%) Higher

300 Alton Towers Circ, Scarborough

Avg Asking$2,700/mo
Avg $/SF$2.44
Rent Spread:
+$451/mo (+20.1%) Higher

1883 McNicoll Ave, Scarborough

Avg Asking$2,513/mo
Avg $/SF$2.91
Rent Spread:
+$264/mo (+11.7%) Higher

330 Alton Towers Circ, Scarborough

Avg Asking$2,838/mo
Avg $/SF$2.26
Rent Spread:
+$589/mo (+26.2%) Higher

Comparable Analysis & Questions

How do rental rates at Milliken Centre compare to neighbouring buildings within Markham East?

Milliken Centre achieves an average lease rent of $2,400 per month, aligning closely with the overall competitive benchmark average of $2,612 per month across the local micro-market. Individual competitor benchmarks show notable variance based on unit sizing: Residences of Casa Del Sol (B) at 7373 Kennedy Rd logged an average lease rent of $3,100 per month at $2.38 per square foot across a sprawling 1,300 square feet. Residences of Casa Del Sol (A) at 7363 Kennedy Rd recorded an average lease rent of $2,317 per month at $2.98 per square foot across 800 square feet. Meanwhile, Greenlife Midtown Markham at 7768 Kennedy Rd posted an average lease rent of $2,418 per month at $3.15 per square foot across 813 square feet.

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

Milliken Centre delivers a value proposition centered on space efficiency, achieving an average leased rate of $3.24 per square foot across an average footprint of 750 square feet compared to the submarket benchmark of $3.26 per square foot. Renters at Milliken Centre evaluate a clear trade-off: they secure modern suite layouts and manageable utility burdens at a competitive rate per square foot, whereas alternatives like Residences of Casa Del Sol (B) at 7373 Kennedy Rd offer much larger footprints averaging 1,300 square feet at a lower rate of $2.38 per square foot. Conversely, comparables closer in size—such as Residences of Casa Del Sol (A) at 7363 Kennedy Rd with 800 square feet at $2.98 per square foot and Greenlife Midtown Markham at 7768 Kennedy Rd with 813 square feet at $3.15 per square foot—demonstrate that Milliken Centre's pricing remains closely aligned with modern mid-sized units in Markham East.

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

Milliken Centre provides a focused suite of building amenities that covers essential lifestyle needs, standing competitive against larger developments in the immediate node. The property features signature amenities including a 24-hour concierge and security service, a well-equipped gym and fitness centre, a dedicated party and lounge room, and a professional meeting room. When compared against nearby peers like Residences of Casa Del Sol (B) at 7373 Kennedy Rd and Greenlife Midtown Markham at 7768 Kennedy Rd—which incorporate broader recreational spaces like indoor pools, saunas, and garden courtyards—Milliken Centre trades away high-maintenance recreational extras in favor of streamlined, core building features. This amenity profile best serves working professionals and couples prioritizing core security, fitness access, and low common-element overhead over extensive resort-style facilities.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Milliken Centre.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Party & Lounge Room
  • Meeting Room

Data Methodology & Analytical Standards

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

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.