Majestic Court II — Rental Market Data

Majestic Court II currently has four active rental listings as of August 31, 2026, spanning a price range of $1,700 to $2,950 per month with an average asking rent of $2,450 and a median of $2,575. The average suite measures 913 square feet at an asking rate of $2.80 per square foot. Inventory is split evenly between 1-Bedroom + Den and 2-Bedroom layouts, with no studio or 3-Bedroom units available, placing the current offering squarely in the compact entry-level to mid-size multi-bedroom segment rather than executive multi-bedroom territory.

The dominant active layout at Majestic Court II is the 1-Bedroom + Den, with two units representing 50 percent of available inventory at an average asking rent of $2,000 per month across 875 square feet and a rate of $2.54 per square foot. The 2-Bedroom tier also holds two units at 50 percent share, averaging $2,900 per month over 950 square feet at $3.05 per square foot. Both tiers offer a small selection of two units each, and no other bedroom categories are currently on the market.

Majestic Court II's active inventory spans a $1,250 monthly spread from a minimum entry rent of $1,700 to a peak asking rent of $2,950, a 73.5 percent range. The median asking rent sits at $2,575 per month. The entry-level suite is a 1-Bedroom + Den measuring 1,100 square feet at $1.55 per square foot, while the peak listing is a 2-Bedroom at 950 square feet carrying a rate of $3.11 per square foot, illustrating that the higher price point reflects a premium per-square-foot rate on a more compact footprint rather than additional space.

Majestic Court II does not have a quantified den premium or square-footage delta isolable from current active listings, as the paired sample is insufficient to calculate a reliable marginal cost per square foot for den space. Parking stall premiums likewise cannot be reliably isolated from the current four-unit sample, and no verified historical parking benchmark exists in the lease data to anchor a figure. Renters should request individual parking quotes directly from the leasing office rather than relying on a platform-derived premium.

Majestic Court II's active asking rent of $2,450 per month and $2.80 per square foot both trail the Markham City Centre submarket benchmarks of $2,711 per month and $3.58 per square foot. The building's 21.8 percent per-square-foot discount versus the submarket asking rate is partly a function of suite sizing: current listings average 913 square feet, and the lower nominal rent reflects both the competitive per-square-foot pricing and the specific layout mix on offer. Majestic Court II accounts for four of the 96 active listings in the Markham City Centre submarket, a 4.2 percent share of total available inventory.

Majestic Court II's average closed-lease rent of $2,444 per month runs $217 above the four-comparable average of $2,227, driven primarily by its larger 779-square-foot suite footprint. Majestic Court I at 60 South Town Centre Blvd (0.05 km) closed leases averaging $2,365 per month at $3.21 per square foot across 746 square feet, a spread of just $79 below the subject. Eko Markham Centre – Noa 2 at 75 South Town Centre Blvd (0.10 km) recorded an average of $2,083 per month at $3.79 per square foot over 550 square feet, the widest gap at $361 below the subject. Noa 1 at 55 South Town Centre Blvd (0.11 km) averaged $2,266 per month at $3.43 per square foot across 665 square feet, and Noa 3 at 30 Clegg Rd (0.18 km) closed at $2,193 per month at $3.54 per square foot over 623 square feet.

Majestic Court II delivers 779 square feet of interior space at $3.22 per square foot, a rate that undercuts three of four nearby competitors on a per-foot basis while providing the most floor area in the immediate cluster. Against Eko Markham Centre – Noa 2 at $3.79 per square foot for 550 square feet, the subject offers 229 additional square feet at a $0.57-per-foot discount; versus Noa 1 at $3.43 per square foot for 665 square feet, tenants gain 114 extra square feet at a $0.21-per-foot saving; and compared with Noa 3 at $3.54 per square foot for 623 square feet, the subject provides 156 more square feet at a $0.32-per-foot lower rate. The sole exception is Majestic Court I, where the subject trades at a marginal $0.01-per-foot premium over its 746-square-foot suites. In practical terms, a renter choosing Majestic Court II accepts a higher absolute monthly rent in exchange for substantially more living area and a more competitive cost per square foot than the Eko Markham Centre alternatives.

Majestic Court II's amenity suite at 50 Clegg Rd extends beyond the standard indoor-pool-and-gym package shared across the Markham City Centre cluster, adding dedicated professional and social infrastructure that several nearby competitors lack. The building's Business Centre is absent from both Majestic Court I and Eko Markham Centre – Noa 2, giving remote workers and small-business tenants a purpose-built workspace without leaving the property. A Library & Reading Room appears at no other building in the comparable set, offering a quiet retreat unavailable at any of the four competitors. The outdoor BBQ Area is likewise exclusive to Majestic Court II, whereas the Eko towers substitute a Garden & Courtyard (Noa 1 and Noa 2) or a rock-climbing wall (Noa 3) for their outdoor programming. Combined with the shared indoor pool, hot tub, sauna, media theatre, and rooftop terrace, this package best serves young professionals and small families in Markham City Centre who want a full-service residential experience with dedicated work-from-home facilities and social outdoor space in a single building.