Vendome - North Building — Rental Market Data

Vendome – North Building lists four active units as of August 31, 2026, with asking rents spanning $2,550 to $3,500 per month, an average of $2,987, and a median of $2,950. The mean suite footprint is 881 square feet at an asking rate of $3.46 per square foot, and the 2-Bedroom + Den layout commands 50 percent of available inventory. Current stock leans toward multi-bedroom executive configurations with den space rather than compact entry-level one-bedrooms, which represent only 25 percent of the four active listings.

The 2-Bedroom + Den layout dominates active inventory with two suites representing 50 percent of available units, averaging $3,250 per month over 1,011 square feet at $3.25 per square foot. The remaining stock splits evenly between a single 1-Bedroom + Den at $2,550 per month (650 sq. ft., $3.92 per square foot) and a single standard 2-Bedroom at $2,899 per month (850 sq. ft., $3.41 per square foot). Each of those two tiers is a single listing, so renters seeking those specific configurations have no in-building alternatives.

Vendome – North Building's four active listings span a $950 spread (37.3 percent), from an entry asking of $2,550 to a peak of $3,500 per month. The median asking rent sits at $2,950 per month. The entry-level suite is a 1-Bedroom + Den measuring 650 square feet at $3.92 per square foot, while the peak listing is a 2-Bedroom + Den at 1,162 square feet priced at $3.01 per square foot, reflecting the inverse relationship between suite size and rate per square foot within the current inventory.

Vendome – North Building does not carry a quantified den premium or square-footage delta in its active listings, as the paired-sample data required to isolate marginal den cost is unavailable. Parking stall premiums likewise cannot be reliably isolated from the current dataset due to anomalous outliers and an insufficient paired sample, so no specific monthly parking figure can be quoted with confidence. Renters should request a written parking addendum directly from the leasing office to confirm any applicable stall fees.

Vendome – North Building's active asking average of $2,987 per month and $3.46 per square foot compares to the Markham City Centre submarket asking benchmark of $2,711 per month and $3.58 per square foot. The building's nominal rent premium of roughly $276 per month is explained by its larger average footprint of 881 square feet versus the submarket norm, and on a rate-per-square-foot basis the building actually trades 3.4 percent below the submarket asking benchmark. The four active listings represent 4 out of 96 available units in the Markham City Centre submarket, or approximately 4.2 percent of total active inventory.

Vendome – North Building's all-time average realized lease rent of $2,700 per month runs $124 above the four-comp benchmark of $2,576, positioning the subject at the upper end of this immediate Markham City Centre pocket. Vendome – South Building (8 Cedarland Dr, 0.01 km, 13 closed leases) averaged $2,617 per month at $3.51 per square foot across 749-square-foot suites, meaning the subject commands a monthly rent $83 higher than its sister tower. Fontana – Building C (38 Cedarland Dr, 0.14 km, 11 closed leases) realized $2,577 per month at $3.16 per square foot over 816 square feet, placing the subject $123 above that figure. Fontana – Building D (33 Clegg Rd, 0.15 km, 5 closed leases) averaged $2,395 per month at $3.41 per square foot across 710 square feet, a gap of $305 in the subject's favour. Fontana – Building A (89 South Town Centre Blvd, 0.17 km, 10 closed leases) posted the highest comp rent at $2,713 per month, $3.20 per square foot, and 855 square feet; here the subject trades at a monthly rent $13 lower than that competitor. All four comparables recorded active lease transactions over the trailing 180 days, so each figure reflects realized market pricing rather than asking-level speculation.

Vendome – North Building leases at $3.61 per square foot across an average 759-square-foot suite, a rate that sits above the four-comp blended benchmark of $3.32 per square foot and 783 square feet, signalling a premium per-unit valuation offset by a slightly more compact interior footprint. Against Vendome – South Building, the subject trades at a $0.10 per square foot (2.8 percent) premium while providing 10 more interior square feet, so the higher rate is not driven by a space deficit. Compared with Fontana – Building C, the subject commands a $0.45 per square foot (14.2 percent) premium but delivers 57 fewer interior square feet; the nominal rent gap of $123 is therefore amplified by the smaller footprint rather than reflecting a pure rate markup. Versus Fontana – Building D, the subject carries a $0.20 per square foot (5.9 percent) premium and 49 more square feet, a combination that widens the $305 monthly rent differential in the subject's favour. The most instructive trade-off appears against Fontana – Building A: the subject's monthly rent is $13 lower, yet its per-square-foot rate is $0.41 (12.8 percent) higher because the suite is 96 square feet smaller. In that pairing, the lower nominal rent is a direct function of the reduced interior footprint, not a discount in asset value, and a renter choosing Fontana – Building A gains nearly 100 additional square feet for essentially the same monthly outlay.

Vendome – North Building fields a 17-item amenity suite that includes a Karaoke Lounge, Sound Studio, Multi-sport Gymnasium, and Refrigerated Food Delivery—features absent from every one of its four nearby competitors. The three Fontana towers (Buildings A, C, and D) each offer an Indoor Pool and Sauna & Steam Room, aquatic and wellness facilities the subject does not provide, while Vendome – South Building adds a Basketball Court, Games & Billiards Room, and Library & Reading Room that the North Building lacks. In return, the subject's Karaoke Lounge, dedicated Sound Studio, and Multi-sport Gymnasium create a creative-recreation and high-intensity fitness theme that no Fontana or South Building tenant can access within this 0.17-kilometre radius. The Rooftop Terrace, Garden & Courtyard, Pet Wash Station, and Business Centre are shared across the Vendome pair and partially with Fontana, so those features do not differentiate the North Building. The lifestyle package as a whole—emphasizing performance fitness, creative expression, and convenience services like EV Charging and Automated Parcel Lockers—best serves young professionals and creative-industry renters in their late twenties to mid-thirties who prioritise a vibrant, activity-dense building culture over resort-style pool and spa amenities.