Fontana - Building A — Rental Market Data

Fontana – Building A has two active listings as of August 31, 2026, with asking rents ranging from $2,450 to $3,200 per month, an average of $2,825 per month, and a median of $2,825 per month. The average suite size across both listings is 850 square feet at a combined asking rate of $3.32 per square foot. Inventory is evenly split between one 1-Bedroom + Den and one 2-Bedroom + Den, each representing 50 percent of available units, so the current mix spans compact entry-level den layouts through to multi-bedroom executive configurations with no intermediate tier in between.

The dominant active layout at Fontana – Building A is the 1-Bedroom + Den, with one listing representing 50 percent of available inventory at an average asking rent of $2,450 per month across 750 square feet and a rate of $3.27 per square foot. The 2-Bedroom + Den tier also holds one listing at 50 percent share, asking $3,200 per month for 950 square feet at $3.37 per square foot. Both tiers consist of single listings, so renters in either bedroom category face a one-unit-only selection with no alternative floor plans to compare.

Fontana – Building A's active asking rents span from a minimum of $2,450 per month to a peak of $3,200 per month, a dollar spread of $750 and a percentage spread of 30.6 percent. The median asking rent sits at $2,825 per month, anchoring the midpoint of the range. The entry-level suite is a 1-Bedroom + Den at 750 square feet priced at $3.27 per square foot, while the peak offering is a 2-Bedroom + Den at 950 square feet asking $3.37 per square foot, reflecting a modest per-square-foot premium of $0.10 for the additional bedroom and den configuration.

Den premiums at Fontana – Building A cannot be reliably quantified from the current two-unit active sample, as both listings include a den and no paired without-den comparison exists to isolate the marginal cost per square foot of den space. Parking stall costs are likewise unquoted: the active parking premium data is flagged as unreliable due to an anomalous outlier or insufficient paired sample, and no verified monthly parking fee can be stated for either active listing.

Fontana – Building A's average asking rent of $2,825 per month at $3.32 per square foot compares to the Markham City Centre submarket asking benchmark of $2,711 per month at $3.58 per square foot. The building trades at a 7.3 percent discount on a per-square-foot basis, yet its nominal rent runs $114 per month above the submarket average because active suites average 850 square feet versus the submarket implied average of 757 square feet, a 93-square-foot footprint advantage that drives the higher headline number. Fontana – Building A accounts for 2 out of 96 available listings in the Markham City Centre submarket, representing approximately 2.1 percent of total active inventory.

Fontana – Building A's average realized lease rent of $2,692 per month runs $286 above the four-comp benchmark of $2,406, driven primarily by its larger suite footprint rather than a per-square-foot premium. Against Fontana – Building D at 33 Clegg Rd (0.04 km, 5 closed leases, $2,395 average rent, $3.41 per square foot, 710 sq ft), the subject commands a $297-per-month higher realized rent. Fontana – Building B at 99 South Town Centre Blvd (0.05 km, 6 closed leases, $2,458 average rent, $3.39 per square foot, 732 sq ft) shows the subject at $234 higher per month. Fontana – Building C at 38 Cedarland Dr (0.05 km, 11 closed leases, $2,577 average rent, $3.16 per square foot, 816 sq ft) is the closest rent peer, with the subject at $115 higher. Eko Markham Centre – Noa 3 at 30 Clegg Rd (0.08 km, 7 closed leases, $2,193 average rent, $3.54 per square foot, 623 sq ft) shows the widest gap, with the subject at $499 higher per month. All four competitors recorded active lease volume, so every figure above reflects realized transaction data rather than asking-price estimates.

Fontana – Building A leases at $3.21 per square foot across an average 844-square-foot suite, a combination that delivers more interior space than every nearby active competitor while keeping the per-square-foot rate at or below most of them. Versus Fontana – Building D (710 sq ft, $3.41 per square foot), the subject trades at a $0.20 per square foot (5.9%) discount and provides 134 more interior square feet, meaning the higher nominal rent is a footprint effect, not a rate premium. Against Fontana – Building B (732 sq ft, $3.39 per square foot), the subject offers a $0.18 per square foot (5.3%) discount and 112 additional square feet of living area. Compared with Fontana – Building C (816 sq ft, $3.16 per square foot), the subject commands a modest $0.05 per square foot (1.6%) premium while still delivering 28 more square feet, making it the only comp where the subject pays slightly more per unit of space. Eko Markham Centre – Noa 3 (623 sq ft, $3.54 per square foot) presents the sharpest trade-off: the subject trades at a $0.33 per square foot (9.3%) discount and provides 221 more square feet, so a renter paying $499 more per month gains roughly 35 percent more interior area. In every active comparison, the subject's higher monthly figure is explained by its expansive suite size rather than an inflated per-square-foot valuation.

Fontana – Building A offers an eight-feature lifestyle package—Concierge & Security, Gym & Fitness Centre, Yoga Studio, Indoor Pool, Sauna & Steam Room, Basketball Court, Party & Lounge Room, and Meeting Room—that positions it as a mid-tier amenity building within the Fontana cluster. The subject's Sauna & Steam Room is absent from both Fontana – Building B and Fontana – Building C, giving Building A a wellness edge over its two closest siblings. Fontana – Building D, however, extends the package with EV Charging Stations, a Car Wash Bay, a Games & Billiards Room, and a BBQ Area that Building A does not carry, while Eko Markham Centre – Noa 3 differentiates with a Rooftop Terrace, Rock Climbing Wall, Media & Theatre Room, and Hot Tub & Jacuzzi. The subject's inclusion of a dedicated Yoga Studio and Meeting Room addresses remote-work and fitness routines that Building B lacks entirely, and its Basketball Court and Indoor Pool combination targets active, family-oriented renters. The primary demographic best served by this package is the young professional or small family seeking a full-service fitness-and-social amenity suite without the premium pricing of Noa 3's entertainment-heavy roster or Building D's automotive convenience features.