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Market Data as of September 30, 2026

Prentice Place — Rental Market Data

7340 Markham Rd, Markham, Ontario L3S 0B1
Quick Rent Estimate

Last Lease

2-Bedroom
Lease Amount
$2,575/mo
Date Leased: July 24, 2026
Rent psf$2.15/sf
Turnover Velocity165 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

Rental market analytics and building profile as of September 30, 2026.

Building TypeCondominium
Year Completed2008
Total Suites52
DeveloperNot Disclosed

Prentice Place is a residential community located in Markham, Ontario. Completed in 2008, the property features an estimated 52 suites. The building currently features no active rental listings on record as of September 30, 2026.

Looking to compare? Explore more buildings in Markham East
Quick Suite Rent Estimate

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Last Realized Lease

Transaction metrics for the most recently leased suite

2-Bedroom
Lease Amount$2,575/mo
Date LeasedJuly 24, 2026
Rent psf$2.15/sf
Turnover Velocity165 Days
Active Inventory Status0 Available

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)
2026-04-271257511952.1577
2026-04-281257511952.1578
2026-04-291257511952.1579
2026-04-301257511952.1580
2026-05-011257511952.1581
2026-05-021257511952.1582
2026-05-031257511952.1583
2026-05-041257511952.1584
2026-05-051257511952.1585
2026-05-061257511952.1586
2026-05-071257511952.1587
2026-05-081257511952.1588
2026-05-091257511952.1589
2026-05-101257511952.1590
2026-05-111257511952.1591
2026-05-121257511952.1592
2026-05-131257511952.1593
2026-05-141257511952.1594
2026-05-151257511952.1595
2026-05-161257511952.1596
2026-05-171257511952.1597
2026-05-181257511952.1598
2026-05-191257511952.1599
2026-05-201257511952.15100
2026-05-211257511952.15101
2026-05-221257511952.15102
2026-05-231257511952.15103
2026-05-241257511952.15104
2026-05-251257511952.15105
2026-05-261257511952.15106
2026-05-271257511952.15107
2026-05-281257511952.15108
2026-05-291257511952.15109
2026-05-301257511952.15110
2026-05-311257511952.15111
2026-06-011257511952.15112
2026-06-021257511952.15113
2026-06-031257511952.15114
2026-06-041257511952.15115
2026-06-051257511952.15116
2026-06-061257511952.15117
2026-06-071257511952.15118
2026-06-081257511952.15119
2026-06-091257511952.15120
2026-06-101257511952.15121
2026-06-111257511952.15122
2026-06-121257511952.15123
2026-06-131257511952.15124
2026-06-141257511952.15125
2026-06-151257511952.15126
2026-06-161257511952.15127
2026-06-171257511952.15128
2026-06-181257511952.15129
2026-06-191257511952.15130
2026-06-201257511952.15131
2026-06-211257511952.15132
2026-06-221257511952.15133
2026-06-231257511952.15134
2026-06-241257511952.15135
2026-06-251257511952.15136
2026-06-261257511952.15137
2026-06-271257511952.15138
2026-06-281257511952.15139
2026-06-291257511952.15140
2026-06-301257511952.15141
2026-07-011257511952.15142
2026-07-021257511952.15143
2026-07-031257511952.15144
2026-07-041257511952.15145
2026-07-051257511952.15146
2026-07-061257511952.15147
2026-07-071257511952.15148
2026-07-081257511952.15149
2026-07-091257511952.15150
2026-07-101257511952.15151
2026-07-111257511952.15152
2026-07-121257511952.15153
2026-07-131257511952.15154
2026-07-141257511952.15155
2026-07-151257511952.15156
2026-07-161257511952.15157
2026-07-171257511952.15158
2026-07-181257511952.15159
2026-07-191257511952.15160
2026-07-201257511952.15161
2026-07-211257511952.15162
2026-07-221257511952.15163
2026-07-231257511952.15164

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at Prentice Place reflect broader macroeconomic seasonality and local submarket absorption trends. Use the suite layout filters above to isolate pricing trajectories across studio, 1-bedroom, and 2-bedroom configurations.

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)
2026-07-191250011952.09165

Nearby Building Rental Comparables & Price Spreads

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

Comparing rental asking rates and price-per-square-foot ($/SF) at Prentice Place with 6 tracked residential buildings in the immediate vicinity.

GEM - Greenlife East Markham210 m

7325 Markham Rd, Markham

Avg Asking$2,580/mo
Avg $/SF$2.64
Rent Spread:
N/A
GreenLife Golden267 m

7400 Markham Rd, Markham

Avg Asking$2,454/mo
Avg $/SF$2.52
Rent Spread:
N/A
GEM 2 - Greenlife East Markham332 m

39 New Delhi Dr, Markham

Avg Asking$2,800/mo
Avg $/SF$2.58
Rent Spread:
N/A
Parkview Place400 m

7428 Markham Rd, Markham

Avg Asking$2,563/mo
Avg $/SF$2.66
Rent Spread:
N/A
Optima on the Park I2.8 km

150 Alton Towers Circ, Scarborough

Avg Asking$2,376/mo
Avg $/SF$2.52
Rent Spread:
N/A
The Gatsby2.9 km

88 Alton Towers Circ, Scarborough

Avg Asking$2,232/mo
Avg $/SF$3.55
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at Prentice Place compare to neighbouring buildings within Markham East?

At $0/month ($0.00/SF), Prentice Place maintains a competitive market position compared to surrounding properties.

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

Comparing $/SF rates demonstrates how space efficiency and suite square footage influence relative affordability against nearby buildings.

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

Modern building amenities, concierge services, and construction vintage contribute to rent spreads between Prentice Place and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Prentice Place.

Building Amenities

  • Concierge & Security
  • Party & Lounge Room
  • Meeting Room

Residential Buildings in the Vicinity

Data Methodology & Analytical Standards

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

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of September 30, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (September 2026 vs August 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.