First Home Markham Sheppard - Building A — Rental Market Data

First Home Markham Sheppard - Building A features 1 active listing as of August 31, 2026, maintaining a price range, average rent, and median rent of $2,050 per month. The active inventory measures 550 square feet on average with an asking rate of $3.73 per square foot, entirely concentrated in a 1-Bedroom floor plan that represents 100% of available stock and leans toward compact entry-level rental demand.

The dominant active layout at First Home Markham Sheppard - Building A is the 1-Bedroom suite, which comprises 1 listing and a 100% inventory share. This single active tier commands an average rent of $2,050 per month across an average area of 550 square feet, resulting in an average rate of $3.73 per square foot.

First Home Markham Sheppard - Building A posts a minimum entry rent of $2,050 per month and a peak asking rent of $2,050 per month, resulting in a dollar spread of $0 and an asking spread percentage of 0%. The median asking rent rests at $2,050 per month, with the entry-level 1-Bedroom suite offering 550 square feet at an asking rate of $3.73 per square foot, matching the peak suite dimensions and pricing metrics identically.

First Home Markham Sheppard - Building A has no active den inventory available to calculate den premiums or square footage deltas. Active parking premium data cannot be reliably isolated due to an insufficient paired sample, meaning parking stall costs cannot be definitively quantified for current listings.

First Home Markham Sheppard - Building A asks an average monthly rent of $2,050 per month at $3.73 per square foot, comparing to the Scarborough East submarket asking averages of $2,406 per month and $3.11 per square foot. The lower nominal monthly outlay for the building is driven by compact suite sizing rather than cheaper unit pricing, positioning the building's asking rate per square foot 19.9% above submarket asking benchmarks while capturing 2.9% of total submarket active inventory.

First Home Markham Sheppard - Building A leases at an average rent of $2,150 per month, aligning closely with the overall competitive benchmark average of $2,138 per month across key area competitors including First Home Markham Sheppard - Building B and First Home Markham Sheppard - Building C. Individual performance across the immediate competitive set shows First Home Markham Sheppard - Building B at 5131 Sheppard Ave E registering an average lease rent of $2,250 per month, $2.99 per square foot, and an average square footage of 763. First Home Markham Sheppard - Building C at 20 Orchid Place Dr reports an average lease rent of $2,125 per month, $3.27 per square foot, and an average square footage of 650. Markham Place II at 6 Rosebank Dr achieves an average lease rent of $2,075 per month, $3.77 per square foot, and an average square footage of 550. Finally, Condominium at 5580 Sheppard Avenue E records an average lease rent of $2,100 per month, $2.47 per square foot, and an average square footage of 850.

First Home Markham Sheppard - Building A establishes its value proposition through a realized lease rate of $3.91 per square foot across an average footprint of 550 square feet, trading at a premium over older area alternatives and the submarket benchmark of $3.42 per square foot. Renters evaluating these options navigate clear trade-offs, accepting smaller, highly efficient modern layouts with contemporary finishes at First Home Markham Sheppard - Building A in exchange for lower overall utility burdens and brand-new building systems, whereas older alternatives like Condominium at 5580 Sheppard Avenue E provide larger footprints averaging 850 square feet at a lower rate of $2.47 per square foot but with dated architectural layouts.

First Home Markham Sheppard - Building A delivers a comprehensive lifestyle and amenity profile that outpaces older developments in the immediate node, offering residents a modern suite of shared spaces. The building features signature amenities including Concierge & Security, a Gym & Fitness Centre, a Yoga Studio, a Party & Lounge Room, and an Outdoor BBQ Area, outfitting residents with modern wellness and entertainment options that contrast with the more limited or traditional common elements found at mature properties like Condominium at 5580 Sheppard Avenue E, which relies on a Tennis & Pickleball Court, or Markham Place II, which includes a Games & Billiards Room and a Media & Theatre Room. These modern facilities specifically serve young professionals and couples seeking an active, community-oriented rental lifestyle.