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Market Data as of August 31, 2026

Uptown Markham - Riverview A — Rental Market Data

8 Water Walk Dr, Markham, Ontario L3R 6L4
Quick Rent Estimate
Active Suites11 Available
Type
Units
Avg Rent
2-Bedroom
3
$2,933
2-Bedroom + Den
3
$3,583
1-Bedroom
2
$1,840
1-Bedroom + Den
2
$2,450
3-Bedroom+
1
$3,700

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2023
Total Suites410
DeveloperTimes Group

Eighty-two day leasing cycles dictate velocity at Uptown Markham - Riverview A, an established residential building located at 8 Water Walk Dr within the Markham City Centre neighborhood. Completed in 2023 by Times Group, the 410-suite tower currently maintains 11 active listings, representing a 2.7% availability rate alongside a robust 90-day leasing volume of 22 completed transactions averaging 28 days on market, complemented by a 30-day closed count of 5 transactions averaging 20 days on market.

Active asking rents average $2,894 per month at $3.46 per square foot, tracking closely against realized 90-day leases which average $2,924 per month at $3.65 per square foot. Current active inventory features larger overall suite footprints averaging 877 square feet compared to historical leases averaging 837 square feet, keeping the building's active asking rate per square foot 3.4% below the broader submarket asking benchmark of $3.58 per square foot.

Tenant leverage remains apparent as negotiations average a $40 monthly discount below asking, with 48.0% of leases closing under asking to generate annual tenant savings. Marketing friction stays relatively low with closed deals averaging 26 days on market across lifetime history, whereas unrented listings languished for an average of 61 days while asking $3,000 per month. Prospective tenants searching for 2-Bedroom and 2-Bedroom + Den configurations will find the deepest inventory selection, while 3-Bedroom+ layouts offer just a single active listing.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Uptown Markham - Riverview A as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units11
+3 (37.5%)
Avg Asking Rent$2,894
-$219 (7.0%)
Avg Suite Size877 sf
-31 sf (3.5%)
Avg Days on Market33d
+4d (12.5%)
Avg Asking $/SF$3.46
-$0.12 (3.3%)

Active Market Insights & Questions

How has rental availability changed at Uptown Markham - Riverview A recently?

Uptown Markham - Riverview A features 11 active listings as of August 31, 2026, spanning a price range of $1,680 per month to $3,700 per month with an average asking rent of $2,894 per month and a median asking rent of $2,900 per month. Active suites average 877 square feet at an asking rate of $3.46 per square foot. Two-bedroom floor plans dominate the active inventory with a 27.3% share, reflecting balanced distribution across both compact entry-level options and larger multi-bedroom executive layouts.

What floor plans and unit layouts are currently available at Uptown Markham - Riverview A?

Two-bedroom configurations lead active inventory at Uptown Markham - Riverview A with 3 available listings capturing a 27.3% share of the market. Two-bedroom + den layouts account for another 3 units at a 27.3% share, averaging $3,583 per month across 1,067 square feet at $3.36 per square foot. One-bedroom suites provide 2 listings representing an 18.2% share with an average asking rent of $1,840 per month across 750 square feet at $3.26 per square foot, while 1-bedroom + den layouts comprise 2 units at an 18.2% share asking $2,450 per month across 650 square feet at $3.77 per square foot. A single 3-bedroom+ unit rounds out the selection at a 9.1% share, asking $3,700 per month across 1,201 square feet at $3.08 per square foot.

What is the average asking rent and $/SF by suite size at Uptown Markham - Riverview A?

Uptown Markham - Riverview A demonstrates a minimum entry rent of $1,680 per month and a peak asking rent of $3,700 per month, establishing a dollar spread of $2,020 and a percentage spread of 120.2%. Median asking rent sits at $2,900 per month. The entry-level option consists of a 1-bedroom suite spanning 1,100 square feet at an asking rate of $1.53 per square foot, whereas the peak tier is anchored by a 3-bedroom+ suite spanning 1,201 square feet at an asking rate of $3.08 per square foot.

How much extra do parking spaces and dens cost at Uptown Markham - Riverview A?

Uptown Markham - Riverview A lists active den configurations with a $610 monthly premium alongside a square footage delta of 100 fewer square feet. Marginal cost per square foot for the extra den space cannot be reliably isolated from current listing data. Active parking stall premiums cannot be reliably isolated due to insufficient paired sample data.

How do asking rents at Uptown Markham - Riverview A compare to local and municipal benchmarks?

Uptown Markham - Riverview A commands an average asking rent of $2,894 per month at $3.46 per square foot, comparing favorably to the Markham City Centre submarket asking benchmark of $2,711 per month at $3.58 per square foot. Nominal monthly rent variances are driven by larger average suite sizing within the subject building rather than cheaper underlying unit pricing, resulting in an asking rate per square foot that sits 3.4% below the submarket while representing 11.5% of total submarket active inventory.

Recent Leased Transactions & Contract Prices

Recent lease transactions, absorption velocity, and the difference between landlord asking prices and actual prices agreed to by tenants at Uptown Markham - Riverview A (Data period: For the month of August 2026).

Units Leased5
Avg Leased Price$2,825
Avg Leased Size837 sf
Avg Days to Lease20d
Leased $/SF$3.60

Leased Transaction Insights & Questions

How many suites were leased at Uptown Markham - Riverview A last month, and how fast did they rent?

At Uptown Markham - Riverview A, 30-day leasing velocity registered a 20-day average days on market across 5 closed transactions, comparing favorably against a 90-day average of 28 days across 22 deals and a submarket benchmark of 27 days. Leasing turnover accelerated notably over the summer months following a quieter spring.

What is the negotiation spread between asking rents and closed lease prices at Uptown Markham - Riverview A?

At Uptown Markham - Riverview A, rental transactions settled at an average discount of $40 per month, representing a 1.34% reduction below asking price and delivering $480 in annual tenant savings. Exactly 48.0% of leases closed under asking, reflecting tenant-favorable market leverage and landlord pricing concessions.

What are typical executed lease prices across different layouts at Uptown Markham - Riverview A?

At Uptown Markham - Riverview A, the two highest-volume anchor layouts were 2-Bedroom and 1-Bedroom + Den configurations, averaging $2,833 per month over 39 days on market and $2,461 per month over 14 days on market, respectively. Representing a robust sample size of 11 closed leases, 2-Bedroom suites averaged an average rent of $2,833 per month, a median rent of $2,850 per month, a P25-P75 range of $2,800 to $2,855 per month, spanning 749 square feet at $3.90 per square foot over 39 days on market. Accounting for a moderate sample of 7 closed leases, 1-Bedroom + Den suites averaged an average rent of $2,461 per month, a median rent of $2,450 per month, a P25-P75 range of $2,412 to $2,500 per month, spanning 657 square feet at $3.75 per square foot over 14 days on market. Representing a small sample size of 4 closed leases, 2-Bedroom + Den units averaged an average rent of $3,413 per month, a median rent of $3,350 per month, a P25-P75 range of $3,338 to $3,425 per month, an average size of 1,095 square feet at $3.12 per square foot, and 15 days on market. Representing a small sample size of 3 closed leases, 3-Bedroom+ suites averaged an average rent of $3,683 per month, a median rent of $3,800 per month, a P25-P75 range of $3,625 to $3,800 per month, an average size of 1,233 square feet at $2.99 per square foot, and 26 days on market.

What measurable rent premium did suites with parking achieve in closed leases at Uptown Markham - Riverview A?

At Uptown Markham - Riverview A, realized parking premium data was insufficient for isolated line-item reporting, indicating that vehicle stalls were bundled directly into base monthly suite agreements. Active asking inventory similarly lacked reliable paired parking data to isolate separate stall costs.

How does the lease-to-listing ratio at Uptown Markham - Riverview A reflect current tenant demand?

At Uptown Markham - Riverview A, overall rent tracked across the multi-month leasing timeline demonstrated steady activity with volume concentrated during peak summer months. In April 2026, 1 deal closed at an average of $2,450 per month ($3.77 per square foot, 14 days on market). In May 2026, 2 deals closed at an average of $3,150 per month ($3.25 per square foot, 11 days on market). In June 2026, 8 deals closed at an average of $2,831 per month ($3.99 per square foot, 36 days on market). In July 2026, 9 deals closed at an average of $3,062 per month ($3.38 per square foot, 27 days on market). In August 2026, 5 deals closed at an average of $2,825 per month ($3.60 per square foot, 20 days on market).

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Uptown Markham - Riverview A (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$3,000
Avg Suite Size850 sf
Avg Days on Market61d
Delisted $/SF$3.53

De-Listed Market Analysis & Questions

How many listings de-listed at Uptown Markham - Riverview A, and what was their re-listing price compared to previous asking?

At Uptown Markham - Riverview A, 1 unit was delisted, representing a 20% delisted-to-leased ratio consisting entirely of expired listings with zero terminated or suspended properties. This registers as a healthy market ratio of roughly 1 unrented listing pulled for every 5 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Uptown Markham - Riverview A?

At Uptown Markham - Riverview A, unrented units asked an average of $3,000 per month, which is $175 per month above realized lease averages of $2,825 per month at a rate of $3.53 per square foot. Unrented listings were overpriced relative to realized leases.

What market friction causes rental listings to stall or de-list at Uptown Markham - Riverview A?

At Uptown Markham - Riverview A, delisted listings averaged 61 days on market compared to 26 days for realized leases, resulting in 41 excess marketing days of unrented vacancy carry. This extended marketing exposure inflicted carrying costs equal to roughly 1.5 months of lost rental income plus ongoing monthly maintenance fees.

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)
2026-04-27730338983.858
2026-04-28730338983.859
2026-04-29830108803.859
2026-04-30830108803.8510
2026-05-01830108803.8511
2026-05-02830108803.8512
2026-05-03830108803.8513
2026-05-04728978203.9815
2026-05-05728978203.9816
2026-05-06828858113.9515
2026-05-07828858113.9516
2026-05-08828858113.9517
2026-05-09828858113.9518
2026-05-10828858113.9519
2026-05-11927877654.0618
2026-05-12928377714.1017
2026-05-131028437694.0816
2026-05-141028437694.0817
2026-05-151028437694.0818
2026-05-161028437694.0819
2026-05-171028437694.0820
2026-05-181028437694.0821
2026-05-191028437694.0822
2026-05-201028437694.0823
2026-05-211028437694.0824
2026-05-221028437694.0825
2026-05-231028437694.0826
2026-05-241028437694.0827
2026-05-251128877993.9826
2026-05-261128877993.9827
2026-05-271128877993.9828
2026-05-281228517873.9726
2026-05-291228517873.9727
2026-05-301228517873.9728
2026-05-311228517873.9729
2026-06-011329358263.8928
2026-06-021429408283.8727
2026-06-031329438343.8728
2026-06-041329438343.8729
2026-06-051129078173.9433
2026-06-061029538343.9636
2026-06-071129538353.9134
2026-06-081130398713.8732
2026-06-091130398713.8733
2026-06-101230198693.8231
2026-06-111230198693.8232
2026-06-121030759343.5329
2026-06-131030759343.5330
2026-06-141030759343.5331
2026-06-15930899543.4927
2026-06-16929729153.5721
2026-06-171030259343.5320
2026-06-181130149173.5719
2026-06-191130149173.5720
2026-06-201130149173.5721
2026-06-211130149173.5722
2026-06-221130149173.5723
2026-06-231130149173.5724
2026-06-241130149173.5725
2026-06-251130149173.5726
2026-06-261130149173.5727
2026-06-271130149173.5728
2026-06-281130149173.5729
2026-06-291130149173.5730
2026-06-301130149173.5731
2026-07-011130149173.5732
2026-07-021129739083.5627
2026-07-031129739083.5628
2026-07-041230089173.5427
2026-07-051230089173.5428
2026-07-061230089173.5429
2026-07-071129649013.5730
2026-07-081129649013.5731
2026-07-091330389343.4925
2026-07-101330389343.4926
2026-07-111330389343.4927
2026-07-121330389343.4928
2026-07-131330389343.4929
2026-07-141330389343.4930
2026-07-151229549023.5433
2026-07-161329278753.6128
2026-07-171329278753.6129
2026-07-181329278753.6130
2026-07-191329278753.6131
2026-07-201329278753.6132
2026-07-211128328383.6731
2026-07-221129008703.6229
2026-07-231129919013.5526
2026-07-241230219183.5125
2026-07-251230219183.5126
2026-07-261230219183.5127
2026-07-271330089053.5326
2026-07-281330089053.5327
2026-07-291330089053.5328
2026-07-301130779433.4931
2026-07-31831139093.5730
2026-08-01831139093.5731
2026-08-02631679283.6129
2026-08-03631679283.6130
2026-08-04730798893.6526
2026-08-05730798893.6527
2026-08-06929978473.7022
2026-08-071130078503.6819
2026-08-081130078503.6820
2026-08-091130078503.6821
2026-08-101130078503.6822
2026-08-111229658333.6921
2026-08-121229658333.6922
2026-08-131129708413.6723
2026-08-14930678833.6227
2026-08-15930678833.6228
2026-08-16930678833.6229
2026-08-17930678833.6230
2026-08-18930678833.6231
2026-08-19930678833.6232
2026-08-20930678833.6233
2026-08-21930678833.6234
2026-08-22930678833.6235
2026-08-23930678833.6236
2026-08-24930678833.6237
2026-08-25930678833.6238
2026-08-26930678833.6239
2026-08-271130458773.6033
2026-08-281130458773.6034
2026-08-291030158553.6534
2026-08-301128948773.4632
2026-08-311128948773.4633

12-Month Market Dynamics & Trend Trajectory

At Uptown Markham - Riverview A, lifetime leasing volume reached 25 transactions averaging $2,923 per month at $3.62 per square foot across an average suite size of 837 square feet. Properties averaged 26 days on market, reflecting steady tenant turnover across the building's operational history. Transactions settled with 48.0% of leases closing below asking price. Tenants negotiated an average discount of $40 per month, representing a 1.34% reduction below asking and delivering $480 in annual tenant savings under tenant-favorable market leverage.

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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
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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)
2026-05-031380013002.927
2026-05-10125006983.5815
2026-05-170N/AN/AN/AN/A
2026-05-240N/AN/AN/AN/A
2026-05-31428508133.5716
2026-06-07228255955.1141
2026-06-14228007503.7369
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-051345011003.1420
2026-07-123323310093.2116
2026-07-19331709673.3643
2026-07-26224506503.7722
2026-08-02129008503.4118
2026-08-09326256833.8415
2026-08-160N/AN/AN/AN/A
2026-08-231335011003.0536

Nearby Building Rental Comparables & Price Spreads

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

Uptown Markham - Riverview A at 8 Water Walk Dr faces direct competition from four nearby residential towers within the master-planned Markham City Centre submarket, anchored by same-generation contemporaries and slightly older developments completed in 2018. Immediate peers include Uptown Markham - Riverview B at 18 Water Walk Dr (0.07 kilometers away, built in 2023, with 26 active listings), Uptown Markham - Riverview C at 38 Water Walk Dr (0.09 kilometers away, built in 2023, with 26 active listings), Uptown Markham - Riverside Building A at 15 Water Walk Dr (0.18 kilometers away, built in 2018, with 35 active listings), and Uptown Markham - Riverside Building B at 25 Water Walk Dr (0.19 kilometers away, built in 2018, with 15 active listings). This competitive set bridges two structural generations, contrasting the contemporary architectural layouts of the 2023-built towers against the established 2018 phases. Across this micro-market, the overall competitor average lease rent sits at $2,558 per month at an average rate of $3.61 per square foot across an average suite size of 726 square feet. Uptown Markham - Riverview A positions itself strategically within this cluster, offering larger average suite footprints and competitive rate valuations per square foot compared to its immediate 2023 counterparts. Renters evaluating the micro-market benefit from modern construction standards, shared master-planned infrastructure, and diverse floor plan configurations that span both the newer Riverview phase and the slightly older Riverside towers.

18 Water Walk Dr, Markham

Avg Asking$2,823/mo
Avg $/SF$3.51
Rent Spread:
-$70/mo (-2.4%) Lower

38 Water Walk Dr, Markham

Avg Asking$2,649/mo
Avg $/SF$3.69
Rent Spread:
-$245/mo (-8.5%) Lower

15 Water Walk Dr, Markham

Avg Asking$2,486/mo
Avg $/SF$3.68
Rent Spread:
-$407/mo (-14.1%) Lower

25 Water Walk Dr, Markham

Avg Asking$2,443/mo
Avg $/SF$3.73
Rent Spread:
-$450/mo (-15.6%) Lower

1 Verclaire Gate, Markham

Avg Asking$3,650/mo
Avg $/SF$2.61
Rent Spread:
+$756/mo (+26.1%) Higher

18 Uptown Dr, Markham

Avg Asking$2,457/mo
Avg $/SF$3.72
Rent Spread:
-$437/mo (-15.1%) Lower

Comparable Analysis & Questions

How do rental rates at Uptown Markham - Riverview A compare to neighbouring buildings within Markham City Centre?

Uptown Markham - Riverview A achieves an average lease rent of $2,923 per month, comparing against an overall comp submarket average of $2,558 per month across key benchmarks including Uptown Markham - Riverview B, Riverview C, and the Riverside buildings. Uptown Markham - Riverview B at 18 Water Walk Dr reports an average lease rent of $2,718 per month at $3.46 per square foot across an average of 805 square feet. Uptown Markham - Riverview C at 38 Water Walk Dr records an average lease rent of $2,574 per month at $3.65 per square foot across 721 square feet. Uptown Markham - Riverside Building A at 15 Water Walk Dr logs an average lease rent of $2,497 per month at $3.68 per square foot across 697 square feet. Uptown Markham - Riverside Building B at 25 Water Walk Dr posts an average lease rent of $2,442 per month at $3.64 per square foot across an average of 680 square feet.

Does Uptown Markham - Riverview A offer a competitive price-per-square-foot ($/SF) against local comparables?

Uptown Markham - Riverview A delivers a compelling value proposition by offering an average leased rate of $3.62 per square foot across an average footprint of 837 square feet, providing renters more generous interior layouts than several immediate competitors while remaining closely aligned with the submarket average of $3.57 per square foot. When evaluated against Uptown Markham - Riverview C at 38 Water Walk Dr (721 square feet at $3.65 per square foot), Uptown Markham - Riverview A provides significantly larger 837-square-foot living spaces at a lower $3.62 per square foot rate, allowing tenants to secure more square footage without paying a density premium. Similarly, compared to Uptown Markham - Riverside Building A at 15 Water Walk Dr (697 square feet at $3.68 per square foot), the subject building yields substantial space gains of 140 square feet while maintaining a more competitive rate per square foot. Renters trade off slightly higher absolute monthly expenditures for modern 2023 construction efficiency, contemporary finishes, and larger multi-bedroom footprints that outperform the compact 680-to-705-square-foot layouts found in the 2018 Riverside phases.

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

Uptown Markham - Riverview A provides an extensive lifestyle and amenity profile that rivals top-tier properties in the Markham City Centre submarket, offering residents a comprehensive suite of indoor and outdoor recreational spaces. The building features 17 signature amenities, including concierge and security, a shared laundry room, an EV charging station, a car wash bay, a gym and fitness centre, a yoga studio, an indoor pool, a sauna and steam room, a party and lounge room, a meeting room, a media and theatre room, a games and billiards room, a library and reading room, a dining room and kitchen, a BBQ area, a rooftop terrace, and a garden and courtyard. When contrasted with nearby peers, Uptown Markham - Riverview A matches the robust offerings of Uptown Markham - Riverview B at 18 Water Walk Dr (which includes an outdoor children's playground and a pet wash station) and Riverview C at 38 Water Walk Dr (which includes a pet wash station), while significantly surpassing the amenity scope of the 2018 Riverside buildings (such as 15 Water Walk Dr and 25 Water Walk Dr) which lack indoor pool and comprehensive wellness facilities. This extensive amenity package particularly serves professionals, young families, and lifestyle-oriented tenants seeking a complete, resort-style residential experience within a master-planned community.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Uptown Markham - Riverview A.

Building Amenities

  • Concierge & Security
  • Shared Laundry Room
  • EV Charging Station
  • Car Wash Bay
  • Gym & Fitness Centre
  • Yoga Studio
  • Indoor Pool
  • Sauna & Steam Room
  • Party & Lounge Room
  • Meeting Room
  • Media & Theatre Room
  • Games & Billiards Room
  • Library & Reading Room
  • Dining Room & Kitchen
  • BBQ Area
  • Rooftop Terrace
  • Garden & Courtyard

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Uptown Markham - Riverview A.

Snapshot Dates & Benchmark Cadence

  • Standardized Snapshot: Market metrics reflect a standardized monthly snapshot locked as of August 31, 2026.
  • Benchmark Comparison Cadence: Month-over-month comparisons evaluate changes across standardized month-end reporting windows (August 2026 vs July 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.