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Market Data as of September 30, 2026

The Summit Condos — Rental Market Data

7811 Yonge Street, Markham, Ontario L4J 1W3
Quick Rent Estimate

Last Lease

1-Bedroom
Lease Amount
$2,400/mo
Date Leased: August 7, 2026
Rent psf$3.20/sf
Turnover Velocity15 Days
Active Inventory Status0 Available

Building Summary & Rental Market Overview

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

Building TypeCondominium
Year Completed1975
Total Suites148
DeveloperVincent Court Apartment

The Summit Condos is a residential community located in Markham, Ontario. Completed in 1975, the property features an estimated 148 suites. The building currently features no active rental listings on record as of September 30, 2026.

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

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Last Realized Lease

Transaction metrics for the most recently leased suite

1-Bedroom
Lease Amount$2,400/mo
Date LeasedAugust 7, 2026
Rent psf$3.20/sf
Turnover Velocity15 Days
Active Inventory Status0 Available

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at The Summit Condos (Data period: For the month of September 2026).

Delisted Units1
Avg Asking Price$2,650
Avg Suite Size950 sf
Avg Days on Market90d
Delisted $/SF$2.79

De-Listed Market Analysis & Questions

How many listings de-listed at The Summit Condos, and what was their re-listing price compared to previous asking?

During September 2026, 1 listings were withdrawn or terminated from the market. Re-listed suites returned with price adjustments aligning with local demand.

How do asking prices on de-listed suites compare to executed leases and active listings at The Summit Condos?

Withdrawn listings had an average asking rate of $2,650/month ($2.79/SF) prior to removal.

What market friction causes rental listings to stall or de-list at The Summit Condos?

Listings spent an average of 90 days on market prior to termination, indicating tenant price resistance on specific layouts.

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)
2026-04-27127009003.0021
2026-04-28127009003.0022
2026-04-29127009003.0023
2026-04-30127009003.0024
2026-05-01127009003.0025
2026-05-02127009003.0026
2026-05-03127009003.0027
2026-05-04127009003.0028
2026-05-05127009003.0029
2026-05-06127009003.0030
2026-05-07127009003.0031
2026-05-08127009003.0032
2026-05-09127009003.0033
2026-05-10127009003.0034
2026-05-11127009003.0035
2026-05-12127009003.0036
2026-05-13127009003.0037
2026-05-14127009003.0038
2026-05-15127009003.0039
2026-05-16127009003.0040
2026-05-17127009003.0041
2026-05-18127009003.0042
2026-05-19127009003.0043
2026-05-20127009003.0044
2026-05-21127009003.0045
2026-05-22127009003.0046
2026-05-23127009003.0047
2026-05-24127009003.0048
2026-05-25127009003.0049
2026-05-26127009003.0050
2026-05-27127009003.0051
2026-06-18126007823.32N/A
2026-06-19126007823.321
2026-06-20226258663.061
2026-06-21226258663.062
2026-06-22226258663.063
2026-06-23226258663.064
2026-06-24226258663.065
2026-06-25226258663.066
2026-06-26226258663.067
2026-06-27226258663.068
2026-06-28226258663.069
2026-06-29226258663.0610
2026-06-30226258663.0611
2026-07-01226258663.0612
2026-07-02226258663.0613
2026-07-03226258663.0614
2026-07-04226258663.0615
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2026-07-06226258663.0617
2026-07-07226258663.0618
2026-07-08226258663.0619
2026-07-09226258663.0620
2026-07-10226258663.0621
2026-07-11126509502.7921
2026-07-12126509502.7922
2026-07-13126509502.7923
2026-07-14126509502.7924
2026-07-15126509502.7925
2026-07-16126509502.7926
2026-07-17126509502.7927
2026-07-18126509502.7928
2026-07-19126509502.7929
2026-07-20126509502.7930
2026-07-21126509502.7931
2026-07-22126509502.7932
2026-07-23225258502.9917
2026-07-24225258502.9918
2026-07-25225258502.9919
2026-07-26225258502.9920
2026-07-27225258502.9921
2026-07-28225258502.9922
2026-07-29225258502.9923
2026-07-30225258502.9924
2026-07-31225258502.9925
2026-08-01225258502.9926
2026-08-02225258502.9927
2026-08-03225258502.9928
2026-08-04225258502.9929
2026-08-05225258502.9930
2026-08-06225258502.9931
2026-08-07126509502.7948
2026-08-08126509502.7949
2026-08-09126509502.7950
2026-08-10126509502.7951
2026-08-11126509502.7952
2026-08-12126509502.7953
2026-08-13126509502.7954
2026-08-14126509502.7955
2026-08-15126509502.7956
2026-08-16126509502.7957
2026-08-17126509502.7958
2026-08-18126509502.7959
2026-08-19126509502.7960
2026-08-20126509502.7961
2026-08-21126509502.7962
2026-08-22126509502.7963
2026-08-23126509502.7964
2026-08-24126509502.7965
2026-08-25126509502.7966
2026-08-26126509502.7967
2026-08-27126509502.7968
2026-08-28126509502.7969
2026-08-29126509502.7970
2026-08-30126509502.7971
2026-08-31126509502.7972
2026-09-01126509502.7973
2026-09-02126509502.7974
2026-09-03126509502.7975
2026-09-04126509502.7976
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2026-09-06126509502.7978
2026-09-07126509502.7979
2026-09-08126509502.7980
2026-09-09126509502.7981
2026-09-10126509502.7982
2026-09-11126509502.7983
2026-09-12126509502.7984
2026-09-13126509502.7985
2026-09-14126509502.7986
2026-09-15126509502.7987
2026-09-16126509502.7988
2026-09-17126509502.7989

12-Month Market Dynamics & Trend Trajectory

Over the trailing 12-month period, rental market metrics at The Summit Condos 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)
2026-05-24126009002.8952
2026-05-310N/AN/AN/AN/A
2026-06-070N/AN/AN/AN/A
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02123507503.1315

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 The Summit Condos with 6 tracked residential buildings in the immediate vicinity.

Thornhill Orchards I321 m

50 Inverlochy Blvd, Markham

Avg Asking$3,100/mo
Avg $/SF$2.81
Rent Spread:
N/A
Thornhill Orchards II354 m

60 Inverlochy Blvd, Markham

Avg Asking$3,200/mo
Avg $/SF$2.46
Rent Spread:
N/A
Royal Orchard II457 m

80 Inverlochy Boulevard, Markham

Avg Asking$3,350/mo
Avg $/SF$2.79
Rent Spread:
N/A
Royal Orchard556 m

1 Royal Orchard Blvd, Markham

Avg Asking$2,850/mo
Avg $/SF$2.19
Rent Spread:
N/A
Northgage Condos596 m

16B Elgin Street, Markham

Avg Asking$3,150/mo
Avg $/SF$2.86
Rent Spread:
N/A
16a Elgin Street596 m

16a Elgin Street, Markham

Avg Asking$3,000/mo
Avg $/SF$2.73
Rent Spread:
N/A

Comparable Analysis & Questions

How do rental rates at The Summit Condos compare to neighbouring buildings within Markham West?

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

Does The Summit Condos 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 The Summit Condos and neighbouring options.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around The Summit Condos.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Outdoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Business Centre
  • Meeting Room
  • Games & Billiards Room
  • Library & Reading 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 The Summit Condos.

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.