Nexus South — Rental Market Data

Nexus South carries three active listings as of August 31, 2026, with asking rents ranging from $2,300 to $2,400 per month, an average of $2,367 and a median of $2,400. Suites average 707 square feet at $3.36 per square foot, and 100 percent of available inventory falls in the one-bedroom-plus-den category. The current mix leans toward compact entry-level executive suites rather than multi-bedroom layouts, with no studio or two-bedroom options on the market.

The one-bedroom-plus-den layout accounts for all three active listings, representing 100 percent of Nexus South's available inventory. This tier averages $2,367 per month across 707 square feet at $3.36 per square foot, with a median asking rent of $2,400. No other bedroom tier currently has active availability, making this a single-category selection for prospective renters.

Nexus South's active asking rents span from $2,300 to $2,400 per month, a $100 spread representing 4.3 percent of the entry price. The median asking rent sits at $2,400, and the entry-level suite is a 650-square-foot one-bedroom-plus-den at $3.54 per square foot. At the top of the range, the peak suite offers 750 square feet in the same one-bedroom-plus-den configuration at $3.20 per square foot, meaning the larger unit actually commands a lower per-square-foot rate.

Nexus South does not currently have a quantified den premium or square-footage delta between den and non-den suites, as all three active listings are one-bedroom-plus-den units with no comparable non-den tier to isolate the marginal cost. Parking premium data is inconclusive due to an unreliable outlier or insufficient paired sample in current listings, and no verified parking stall cost can be quoted from either active or historical lease records.

Nexus South's active asking rent of $2,367 per month and $3.36 per square foot both trail the Markham City Centre submarket benchmarks of $2,711 per month and $3.58 per square foot. The building trades at a 6.1 percent discount on a per-square-foot basis relative to the submarket asking rate, and its larger average suite size of 707 square feet versus the submarket norm further differentiates the value proposition. Nexus South represents three of the 96 active listings in the Markham City Centre submarket, or roughly 3.1 percent of total available inventory.

Nexus South's average closed-lease rent of $2,200 per month sits $236 below the four-comp average of $2,436, making it the most competitively priced building in this immediate Birchmount Road cluster. Rouge Bijou Arbor – Building D at 57 Upper Duke Cres (0.05 km) closed leases averaging $2,295 per month at $3.25 per square foot across 709-square-foot suites. The Signature Collection – Building J at 8081 Birchmount Rd (0.1 km) recorded an average of $2,461 per month at $3.69 per square foot on 679-square-foot units. Gallery Square – Tower A at 8119 Birchmount Rd (0.12 km) leased at $2,455 per month, $3.81 per square foot, and 663 square feet. Nexus North at 8130 Birchmount Rd (0.12 km) posted the highest average at $2,532 per month, $3.28 per square foot, on the largest suites at 809 square feet.

Nexus South leases at $3.58 per square foot on an average 629-square-foot suite, a rate that undercuts both The Signature Collection – Building J ($3.69/SF) and Gallery Square – Tower A ($3.81/SF) while carrying a modest premium over Rouge Bijou Arbor – Building D ($3.25/SF) and Nexus North ($3.28/SF). Against the Markham City Centre submarket leased benchmark of $3.57 per square foot, the building trades essentially at parity, just 1.1% above. Tenants in the 629-square-foot layout surrender 34 to 180 square feet of interior space compared with each named competitor, yet the per-square-foot cost remains competitive because the building's amenity density—indoor pool, cold plunge, therapy room, and pet wash—offsets the tighter footprint. For renters prioritizing wellness and convenience over raw square footage, Nexus South delivers a value proposition that the larger-but-plainly-appointed Nexus North and the newer-but-premium-priced Gallery Square do not match at this price point.

Nexus South's 16-amenity deck is the most wellness-focused in its immediate Birchmount Road peer group, distinguishing it clearly from all four nearby competitors. Where Rouge Bijou Arbor – Building D offers a golf simulator and dining kitchen but no aquatic facilities, Nexus South provides an indoor pool, hot tub, cold plunge pool, and rain shower—four water-based features absent at that property. Against Gallery Square – Tower A, which leads with a basketball court, BBQ area, and dog run, Nexus South counters with a dedicated therapy room, sauna and steam room, and a pet wash station that Gallery Square's dog run does not replace. The Signature Collection – Building J includes a car wash bay but lacks the yoga studio, games and billiards room, and cold plunge pool found at Nexus South. Even its sister tower, Nexus North, omits the yoga studio, meeting room, garden and courtyard, pet wash station, rain shower, and therapy room that round out the subject building's package. This lifestyle profile best serves young professionals and wellness-oriented renters in the 25-to-40 bracket who want resort-grade recovery amenities—cold plunge, therapy room, rain shower—within a walkable Markham City Centre address without paying the premium demanded by the 2024 Gallery Square cohort.