Nexus North — Rental Market Data

Nexus North has two active listings as of August 31, 2026, with asking rents ranging from $2,280 to $2,400 per month and an average and median rent of $2,340 per month. Both available suites average 675 square feet at an asking rate of $3.47 per square foot, and the entire active inventory consists of one-bedroom-plus-den layouts at 100 percent share. The current offering leans toward compact entry-level-plus-den configurations rather than multi-bedroom executive layouts, reflecting a small selection of mid-sized one-bedroom units.

The sole active layout at Nexus North is the one-bedroom-plus-den, with two units representing 100 percent of available inventory. Both listings average $2,340 per month across 675 square feet at $3.47 per square foot, placing them in a narrow pricing band between $2,280 and $2,400. No other bedroom tiers are currently listed, making this a single-layout offering with limited selection depth.

Nexus North's active asking rents span from a minimum of $2,280 per month to a peak of $2,400 per month, a dollar spread of $120 or 5.3 percent. The median asking rent sits at $2,340 per month, and the entry-level suite is a 650-square-foot one-bedroom-plus-den listed at $3.51 per square foot. The peak suite is a 700-square-foot one-bedroom-plus-den at $3.43 per square foot, meaning the larger unit commands a higher total rent despite a slightly lower rate per square foot.

Nexus North's active den premium and associated square-footage delta are unquantified due to insufficient paired data across the two available listings. The marginal cost per square foot for additional den space cannot be reliably calculated from the current sample. Parking stall premiums are likewise inconclusive; the available data contains anomalous outliers or an insufficient paired sample, so no verified monthly parking add-on can be quoted for active listings.

Nexus North's average asking rent of $2,340 per month at $3.47 per square foot undercuts the Markham City Centre submarket asking benchmark of $2,711 per month at $3.58 per square foot. The 3.1 percent discount on a rate-per-square-foot basis reflects the building's more compact 675-square-foot average suite size relative to the broader submarket mix, rather than a pricing misalignment. Nexus North accounts for two out of 96 active listings in the Markham City Centre submarket, representing a 2.1 percent share of total available inventory.

Nexus North's one-year average realized rent of $2,549 per month runs $172 above the four-comparable benchmark of $2,377, with every individual competitor pricing below the subject. Gallery Square – Tower A at 8119 Birchmount Rd (0.05 km, 30 closed leases) averaged $2,455 per month at $3.81 per square foot across 663 square feet; Gallery Square – Tower B at 292 Verdale Crossing (0.09 km, 19 closed leases) averaged $2,471 per month at $3.56 per square foot across 702 square feet; The Verdale I at 111 Upper Duke Cres (0.09 km, 8 closed leases) averaged $2,348 per month at $3.46 per square foot across 688 square feet; and Nexus South at 8110 Birchmount Rd (0.12 km, 9 closed leases) averaged $2,233 per month at $3.55 per square foot across 641 square feet. All four competitors recorded closed lease transactions in the trailing 180-day window, so each figure represents a realized market price rather than an asking placeholder.

Nexus North leases at $3.26 per square foot across an average 823-square-foot suite, trading at a per-area discount against every active nearby competitor while delivering the largest interior footprint in the pocket. Against Gallery Square – Tower A, the subject offers a $0.55 per square foot (14.4%) discount and 160 more interior square feet, yet commands $94 more per month in nominal rent—a spread fully explained by the larger floor plate rather than a rate premium. Gallery Square – Tower B shows the same pattern: the subject trades at a $0.30 per square foot (8.4%) discount with 121 additional square feet, while still realizing $78 more per month. The Verdale I presents the tightest per-area gap at a $0.20 per square foot (5.8%) discount and 135 extra square feet, with the subject's nominal rent $201 higher. Nexus South, the closest architectural match from the same 2014 delivery, shows a $0.29 per square foot (8.2%) discount and 182 more square feet, yet the subject still realizes $316 more per month. In every pairing, the higher headline rent is a function of the subject's larger suite size, not a stronger per-unit-area valuation; a renter choosing Nexus North over any of these four peers is paying for additional living space at a comparatively lower rate per square foot.

Nexus North fields a ten-item wellness and aquatic package—Indoor Pool, Hot Tub & Jacuzzi, Sauna & Steam Room, and Cold Plunge Pool alongside a Gym & Fitness Centre, Rooftop Terrace, and social rooms—that differentiates it from the 2024 Gallery towers on recovery and aquatic therapy while ceding ground on pet, dining, and remote-work facilities. Gallery Square – Tower A and Tower B each offer a Yoga Studio, Basketball Court, Meeting Room, Library & Reading Room, Dining Room & Kitchen, BBQ Area, Dog Run, and Pet Wash Station; none of those features appear in the subject's roster. The Verdale I shares the Indoor Pool and Hot Tub but adds a Meeting Room, BBQ Area, and Dining Room & Kitchen absent from Nexus North. Nexus South, the sister building, matches the subject on the full aquatic cluster (Indoor Pool, Hot Tub, Sauna, Cold Plunge) but extends further with a Yoga Studio, Therapy Room, Rain Shower, Garden & Courtyard, and Pet Wash Station. The subject's signature differentiator is the Cold Plunge Pool paired with the Hot Tub and Sauna as a dedicated cold-heat recovery circuit—a combination only Nexus South replicates in this immediate set. This lifestyle package best serves wellness-oriented professionals and fitness-focused renters who prioritize aquatic recovery and sauna therapy over pet amenities, communal dining, or co-working spaces, and who prefer a 2014-era building with a larger suite footprint at a lower per-square-foot rate than the adjacent 2024 Gallery towers.