Thornhill Tower I — Rental Market Data

Thornhill Tower I has one active listing as of August 31, 2026, with a single asking rent of $2,200 per month (minimum, average, and median all identical at $2,200). The available suite is a 650-square-foot one-bedroom at $3.38 per square foot, representing 100 percent of the building's current active inventory. With only one unit on the market, the listing leans squarely toward a compact entry-level one-bedroom rather than any multi-bedroom executive layout, and renters seeking larger footprints will need to look beyond this building.

The sole active layout at Thornhill Tower I is a one-bedroom, accounting for 100 percent of the building's one available listing. That single unit asks $2,200 per month across 650 square feet, yielding a rate of $3.38 per square foot. No two-bedroom, three-bedroom, or den-equipped configurations are currently listed, so the active inventory offers no tiered selection for renters comparing bedroom counts or suite sizes within this building.

Thornhill Tower I's active pricing spread is effectively zero, with a minimum asking rent of $2,200 per month and a maximum asking rent of $2,200 per month, producing a dollar spread of $0 and a percentage spread of 0 percent. The entry-level and peak suite are the same unit: a 650-square-foot one-bedroom at $3.38 per square foot. With only one listing on the market, there is no internal price gradient for renters to navigate, and the median asking rent of $2,200 per month is the sole data point.

Thornhill Tower I's active den premium and square-footage delta cannot be quantified from the current listing data, as no den-equipped unit is available to establish a marginal cost per additional square foot. Parking stall costs also cannot be reliably isolated; the paired sample is insufficient or contains anomalous outliers, so no specific monthly parking figure should be quoted for this building. Renters should request a direct parking add-on quote from the leasing office before signing a lease.

Thornhill Tower I's active asking rent of $2,200 per month sits $530 below the Markham West submarket average asking rent of $2,730 per month, while its $3.38 per square foot rate is 6.4 percent under the submarket asking benchmark of $3.61 per square foot. The nominal rent gap is partly explained by suite size: the active listing at 650 square feet is more compact than the submarket's typical offering, so the per-foot comparison is the cleaner measure of relative value. Thornhill Tower I holds one out of 40 active listings in the Markham West submarket, representing a 2.5 percent share of total available inventory.

Thornhill Tower I's average realized lease rent of $2,438 per month sits $174 above the four-comp benchmark of $2,264, driven primarily by its larger suite footprint rather than a higher per-square-foot valuation. Thornhill Tower II at 48 Suncrest Blvd (0.06 km) closed four leases averaging $2,113 per month at $3.47 per square foot across 613 square feet, meaning the subject commands a $325 higher monthly rent against that peer. Victoria Tower at 88 Times Ave (0.07 km) recorded six closed leases at $2,408 per month, $3.09 per square foot, and 792 square feet, placing the subject just $30 above its realized rent. The Tower II at 51 Times Ave (0.17 km) closed six leases at $2,508 per month, $3.24 per square foot, and 800 square feet, making it the one competitor where the subject trades at a $70 lower monthly rent. Galleria Tower at 51 Saddlecreek Dr (0.19 km) logged two closed leases averaging $2,025 per month at $3.12 per square foot and 650 square feet, with the subject realizing a $413 higher rent against that building.

Thornhill Tower I offers a $2.97-per-square-foot leased rate across 833 average square feet, placing it at a discount below every active competitor on a per-square-foot basis while providing the largest interior footprint in the cluster. Against Thornhill Tower II ($3.47 per square foot, 613 sq ft), the subject trades at a $0.50-per-square-foot (14.4%) discount and delivers 220 more interior square feet, so the $325 higher nominal rent is entirely a function of the larger suite rather than a premium valuation. Victoria Tower ($3.09 per square foot, 792 sq ft) shows a tighter spread: the subject offers a $0.12-per-square-foot (3.9%) discount with 41 additional square feet, and the $30 rent difference is negligible. The Tower II ($3.24 per square foot, 800 sq ft) is the sole comp where the subject's nominal rent is lower by $70, yet the subject still provides 33 more square feet at a $0.27-per-square-foot (8.3%) discount. Galleria Tower ($3.12 per square foot, 650 sq ft) presents the widest gap: the subject trades at a $0.15-per-square-foot (4.8%) discount while delivering 183 more square feet, and the $413 higher rent reflects that extra space rather than a rate premium. In every pairing, the subject's lower per-square-foot rate and larger footprint mean renters receive more interior area for each dollar spent compared with any nearby alternative.

Thornhill Tower I carries an eleven-item amenity suite that includes a Card Room, a feature absent from all four nearby competitors, alongside an Indoor Pool, Golf Simulator, Media & Theatre Room, and Meeting Room that collectively position it as the most amenity-dense building in the Suncrest–Times Ave cluster. Thornhill Tower II (48 Suncrest Blvd) mirrors most of the subject's offerings but adds a Garden & Courtyard that the subject does not provide, while lacking the Card Room and Meeting Room. Victoria Tower (88 Times Ave) and The Tower II (51 Times Ave) both omit the Indoor Pool, Golf Simulator, and Media & Theatre Room found at the subject, narrowing their lifestyle packages to core fitness and social spaces. Galleria Tower (51 Saddlecreek Dr) offers the leanest set—five amenities with no pool, no golf simulator, and no dedicated media or card facilities. The subject's combination of aquatic recreation (Indoor Pool, Hot Tub & Jacuzzi, Sauna & Steam Room), remote-work infrastructure (Meeting Room, Media & Theatre Room), and leisure options (Golf Simulator, Games & Billiards Room, Card Room) targets professionals and small households in Markham West who want a full-service residential experience without stepping outside the immediate neighbourhood for fitness, social, or recreational programming.