Market Data as of August 31, 2026
The Mark — Rental Market Data
Building Summary & Rental Market Overview
Rental market analytics and building profile as of August 31, 2026.
Developed by Empire Communities & Pace Development and completed in 2019, The Mark is a residential high-rise located at 9560 Markham Rd in the Markham East neighborhood, featuring 220 total suites. The building maintains a tight 1.4 percent availability rate across 3 active listings. Over the trailing 90-day period, the building recorded 9 closed leases with an average days on market of 22 days, while the past 30 days saw 3 closed leases averaging 23 days on market.
Current active asking rents average $2,667 per month at $3.57 per square foot across an average suite size of 750 square feet, which compares to realized 90-day leases averaging $2,389 per month at $3.50 per square foot across 677 square feet, reflecting larger active floor plans currently on the market. Active asking rates exceed the submarket asking benchmark of $3.28 per square foot by 8.8 percent.
Leasing friction remains low with zero delisted units and tenants securing an average discount of $36 per month or 1.33 percent below asking, where 50 percent of recent deals closed under asking. Prospective tenants face deep selection in 2-Bedroom configurations representing 66.7 percent of current inventory, while 1-Bedroom + Den layouts offer only a single active listing.
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Active Rental Inventory & Asking Rates
Current market availability, asking prices, and unit price histories at The Mark as of August 31, 2026 (comparing August 2026 vs July 2026).
Active Market Insights & Questions
How has rental availability changed at The Mark recently?
The Mark features 3 active listings as of August 31, 2026, commanding a price range of $2,350 to $2,850 per month with an average asking rent of $2,667 per month and a median asking rent of $2,800 per month. Active inventory averages 750 square feet at an asking rate of $3.57 per square foot, anchored by a dominant 2-Bedroom layout share of 66.7 percent that pushes current availability toward larger executive configurations rather than compact entry-level suites.
What floor plans and unit layouts are currently available at The Mark?
The dominant active layout at The Mark is the 2-Bedroom tier, accounting for 2 active listings and a 66.7 percent inventory share. The 2-Bedroom suites average $2,825 per month with a median asking rent of $2,825 per month across an average of 800 square feet at $3.55 per square foot. Meanwhile, the 1-Bedroom + Den tier represents a single listing with a 33.3 percent share, asking $2,350 per month across 650 square feet at $3.62 per square foot.
What is the average asking rent and $/SF by suite size at The Mark?
The Mark displays a minimum entry rent of $2,350 per month and a peak asking rent of $2,850 per month, creating a dollar spread of $500 per month or 21.3 percent. Median asking rent sits at $2,800 per month across the building's active inventory. The entry-level suite is represented by a 1-Bedroom + Den measuring 650 square feet at $3.62 per square foot, while the peak suite is a 2-Bedroom measuring 750 square feet at $3.80 per square foot.
How much extra do parking spaces and dens cost at The Mark?
Active den premiums and square footage deltas cannot be isolated for The Mark as active den premium metrics are null. Similarly, active parking premiums cannot be reliably isolated due to insufficient paired sample data, requiring prospective tenants to confirm parking stall availability directly with landlords.
How do asking rents at The Mark compare to local and municipal benchmarks?
The Mark asks an average of $3.57 per square foot, which exceeds the Markham East submarket asking benchmark of $3.28 per square foot by 8.8 percent. Nominal asking rents average $2,667 per month compared to the submarket asking average of $2,465 per month, reflecting larger average suite sizes across the building's 3 active listings which comprise 11.5 percent of total submarket 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 The Mark (Data period: For the month of August 2026).
Leased Transaction Insights & Questions
How many suites were leased at The Mark last month, and how fast did they rent?
At The Mark, the 30-day average days on market is 23 days, the 90-day average is 22 days, and the broader Markham East submarket benchmark is 28 days. Leasing turnover accelerated heading into the summer months, supported by 3 closed leases in the past 30 days, 9 closed leases over the past 90 days, and a total of 14 tracked lease transactions.
What is the negotiation spread between asking rents and closed lease prices at The Mark?
At The Mark, tenants secured an average discount of $36 per month, representing a 1.33% reduction below asking prices and delivering $432 in annual tenant savings. Exactly 50.0% of leases closed under asking price, reflecting moderate tenant negotiation leverage and landlord concessions in the building.
What are typical executed lease prices across different layouts at The Mark?
The two highest-volume anchor layouts at The Mark are 1-Bedroom + Den suites averaging $2,217 per month with an average 41-day days on market, and 2-Bedroom units averaging $2,675 per month with a 19-day days on market. This represents a moderate sample of 6 closed leases for 1-Bedroom + Den configurations and a limited sample size of 4 closed leases for 2-Bedroom units. Standard 1-Bedroom suites account for a small sample of 3 closed leases, averaging $2,017 per month, a median of $2,050 per month, a P25-P75 range of $1,925 to $2,125 per month, an average size of 533 square feet, $3.87 per square foot, and 36 days on market. The 2-Bedroom + Den tier represents an individual single transaction consisting of 1 closed lease at $2,900 per month, a median of $2,900 per month, a P25-P75 range of $2,900 to $2,900 per month, an average size of 850 square feet, $3.41 per square foot, and 41 days on market (note that this represents an individual deal rather than a broad statistical benchmark).
What measurable rent premium did suites with parking achieve in closed leases at The Mark?
At The Mark, parking premium data is inconclusive due to insufficient paired lease records. Suite bundling patterns indicate that vehicle accommodation is frequently bundled directly into rent for larger floor plans without separate line-item values. Active asking parking rates cannot be reliably isolated due to sample limitations.
How does the lease-to-listing ratio at The Mark reflect current tenant demand?
At The Mark, average monthly rents moved from $2,050 per month in April to a peak of $2,550 per month in June before moderating to $2,217 per month by August. The spring leasing cycle opened in April with 1 closed deal at an average rent of $2,050 per month, a rate of $3.07 per square foot, and 145 days on market. Activity picked up in May with 4 closed deals averaging $2,350 per month, $3.69 per square foot, and 32 days on market. June recorded 1 closed deal at $2,550 per month, $3.00 per square foot, and 27 days on market. July saw peak summer volume with 5 closed deals averaging $2,460 per month, $3.46 per square foot, and 21 days on market. August closed out the summer with 3 deals averaging $2,217 per month, $3.73 per square foot, and 23 days on market.
Historical Active Listings & Market Dynamics
Analyze availability, historical asking prices, price per foot ($/SF), and days on market over time. Use filters below to benchmark specific layouts.
| Date | Units Available | Avg Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-04-27 | 2 | 2000 | 525 | 3.94 | 27 |
| 2026-04-28 | 2 | 2000 | 525 | 3.94 | 28 |
| 2026-04-29 | 2 | 2000 | 525 | 3.94 | 29 |
| 2026-04-30 | 2 | 2000 | 525 | 3.94 | 30 |
| 2026-05-01 | 2 | 2000 | 525 | 3.94 | 31 |
| 2026-05-02 | 2 | 2000 | 525 | 3.94 | 32 |
| 2026-05-03 | 2 | 2000 | 525 | 3.94 | 33 |
| 2026-05-04 | 2 | 2000 | 525 | 3.94 | 34 |
| 2026-05-05 | 2 | 2000 | 525 | 3.94 | 35 |
| 2026-05-06 | 2 | 2000 | 525 | 3.94 | 36 |
| 2026-05-07 | 2 | 2000 | 525 | 3.94 | 37 |
| 2026-05-08 | 2 | 2000 | 525 | 3.94 | 38 |
| 2026-05-09 | 2 | 2000 | 525 | 3.94 | 39 |
| 2026-05-10 | 3 | 2217 | 600 | 3.81 | 26 |
| 2026-05-11 | 3 | 2433 | 656 | 3.84 | 13 |
| 2026-05-12 | 3 | 2433 | 656 | 3.84 | 14 |
| 2026-05-13 | 3 | 2433 | 656 | 3.84 | 15 |
| 2026-05-14 | 3 | 2433 | 656 | 3.84 | 16 |
| 2026-05-15 | 3 | 2433 | 656 | 3.84 | 17 |
| 2026-05-16 | 3 | 2433 | 656 | 3.84 | 18 |
| 2026-05-17 | 3 | 2433 | 656 | 3.84 | 19 |
| 2026-05-18 | 3 | 2433 | 656 | 3.84 | 20 |
| 2026-05-19 | 3 | 2433 | 656 | 3.84 | 21 |
| 2026-05-20 | 4 | 2475 | 705 | 3.64 | 17 |
| 2026-05-21 | 4 | 2475 | 705 | 3.64 | 18 |
| 2026-05-22 | 4 | 2475 | 705 | 3.64 | 19 |
| 2026-05-23 | 3 | 2350 | 667 | 3.70 | 22 |
| 2026-05-24 | 3 | 2350 | 667 | 3.70 | 23 |
| 2026-05-25 | 2 | 2625 | 800 | 3.30 | 10 |
| 2026-05-26 | 2 | 2625 | 800 | 3.30 | 11 |
| 2026-05-27 | 2 | 2625 | 800 | 3.30 | 12 |
| 2026-05-28 | 2 | 2625 | 800 | 3.30 | 13 |
| 2026-05-29 | 1 | 2600 | 850 | 3.06 | 9 |
| 2026-05-30 | 1 | 2600 | 850 | 3.06 | 10 |
| 2026-05-31 | 1 | 2600 | 850 | 3.06 | 11 |
| 2026-06-01 | 2 | 2450 | 750 | 3.30 | 6 |
| 2026-06-02 | 2 | 2450 | 750 | 3.30 | 7 |
| 2026-06-03 | 2 | 2450 | 750 | 3.30 | 8 |
| 2026-06-04 | 2 | 2450 | 750 | 3.30 | 9 |
| 2026-06-05 | 3 | 2367 | 717 | 3.33 | 7 |
| 2026-06-06 | 3 | 2367 | 717 | 3.33 | 8 |
| 2026-06-07 | 3 | 2367 | 717 | 3.33 | 9 |
| 2026-06-08 | 3 | 2367 | 717 | 3.33 | 10 |
| 2026-06-09 | 3 | 2367 | 717 | 3.33 | 11 |
| 2026-06-10 | 3 | 2367 | 717 | 3.33 | 12 |
| 2026-06-11 | 3 | 2367 | 717 | 3.33 | 13 |
| 2026-06-12 | 3 | 2367 | 717 | 3.33 | 14 |
| 2026-06-13 | 3 | 2367 | 717 | 3.33 | 15 |
| 2026-06-14 | 3 | 2367 | 717 | 3.33 | 16 |
| 2026-06-15 | 4 | 2550 | 750 | 3.41 | 13 |
| 2026-06-16 | 3 | 2533 | 717 | 3.52 | 9 |
| 2026-06-17 | 3 | 2533 | 717 | 3.52 | 10 |
| 2026-06-18 | 3 | 2533 | 717 | 3.52 | 11 |
| 2026-06-19 | 3 | 2533 | 717 | 3.52 | 12 |
| 2026-06-20 | 3 | 2533 | 717 | 3.52 | 13 |
| 2026-06-21 | 3 | 2533 | 717 | 3.52 | 14 |
| 2026-06-22 | 3 | 2533 | 717 | 3.52 | 15 |
| 2026-06-23 | 2 | 2650 | 750 | 3.52 | 13 |
| 2026-06-24 | 2 | 2650 | 750 | 3.52 | 14 |
| 2026-06-25 | 2 | 2650 | 750 | 3.52 | 15 |
| 2026-06-26 | 2 | 2650 | 750 | 3.52 | 16 |
| 2026-06-27 | 3 | 2700 | 750 | 3.59 | 11 |
| 2026-06-28 | 3 | 2700 | 750 | 3.59 | 12 |
| 2026-06-29 | 3 | 2700 | 750 | 3.59 | 13 |
| 2026-06-30 | 3 | 2700 | 750 | 3.59 | 14 |
| 2026-07-01 | 4 | 2738 | 750 | 3.64 | 12 |
| 2026-07-02 | 4 | 2738 | 750 | 3.64 | 13 |
| 2026-07-03 | 3 | 2917 | 783 | 3.73 | 9 |
| 2026-07-04 | 4 | 2713 | 750 | 3.60 | 7 |
| 2026-07-05 | 4 | 2713 | 750 | 3.60 | 8 |
| 2026-07-06 | 4 | 2713 | 750 | 3.60 | 9 |
| 2026-07-07 | 4 | 2713 | 750 | 3.60 | 10 |
| 2026-07-08 | 4 | 2713 | 750 | 3.60 | 11 |
| 2026-07-09 | 4 | 2713 | 750 | 3.60 | 12 |
| 2026-07-10 | 4 | 2713 | 750 | 3.60 | 13 |
| 2026-07-11 | 4 | 2713 | 750 | 3.60 | 14 |
| 2026-07-12 | 4 | 2713 | 750 | 3.60 | 15 |
| 2026-07-13 | 4 | 2713 | 750 | 3.60 | 16 |
| 2026-07-14 | 3 | 2683 | 750 | 3.56 | 17 |
| 2026-07-15 | 3 | 2683 | 750 | 3.56 | 18 |
| 2026-07-16 | 3 | 2683 | 750 | 3.56 | 19 |
| 2026-07-17 | 3 | 2683 | 750 | 3.56 | 20 |
| 2026-07-18 | 3 | 2683 | 750 | 3.56 | 21 |
| 2026-07-19 | 3 | 2717 | 717 | 3.82 | 17 |
| 2026-07-20 | 4 | 2588 | 697 | 3.72 | 14 |
| 2026-07-21 | 4 | 2588 | 697 | 3.72 | 15 |
| 2026-07-22 | 4 | 2588 | 697 | 3.72 | 16 |
| 2026-07-23 | 4 | 2588 | 697 | 3.72 | 17 |
| 2026-07-24 | 5 | 2540 | 688 | 3.70 | 14 |
| 2026-07-25 | 5 | 2540 | 688 | 3.70 | 15 |
| 2026-07-26 | 4 | 2400 | 647 | 3.72 | 10 |
| 2026-07-27 | 4 | 2400 | 647 | 3.72 | 11 |
| 2026-07-28 | 3 | 2417 | 646 | 3.75 | 15 |
| 2026-07-29 | 3 | 2417 | 646 | 3.75 | 16 |
| 2026-07-30 | 3 | 2417 | 646 | 3.75 | 17 |
| 2026-07-31 | 3 | 2417 | 646 | 3.75 | 18 |
| 2026-08-01 | 3 | 2417 | 646 | 3.75 | 19 |
| 2026-08-02 | 3 | 2417 | 646 | 3.75 | 20 |
| 2026-08-03 | 3 | 2417 | 646 | 3.75 | 21 |
| 2026-08-04 | 3 | 2417 | 646 | 3.75 | 22 |
| 2026-08-05 | 3 | 2417 | 646 | 3.75 | 23 |
| 2026-08-06 | 4 | 2513 | 697 | 3.64 | 18 |
| 2026-08-07 | 4 | 2513 | 697 | 3.64 | 19 |
| 2026-08-08 | 4 | 2513 | 697 | 3.64 | 20 |
| 2026-08-09 | 4 | 2513 | 697 | 3.64 | 21 |
| 2026-08-10 | 4 | 2513 | 697 | 3.64 | 22 |
| 2026-08-11 | 4 | 2513 | 697 | 3.64 | 23 |
| 2026-08-12 | 4 | 2513 | 697 | 3.64 | 24 |
| 2026-08-13 | 4 | 2513 | 697 | 3.64 | 25 |
| 2026-08-14 | 4 | 2513 | 697 | 3.64 | 26 |
| 2026-08-15 | 3 | 2617 | 746 | 3.51 | 27 |
| 2026-08-16 | 3 | 2617 | 746 | 3.51 | 28 |
| 2026-08-17 | 3 | 2617 | 746 | 3.51 | 29 |
| 2026-08-18 | 4 | 2550 | 722 | 3.54 | 22 |
| 2026-08-19 | 4 | 2550 | 722 | 3.54 | 23 |
| 2026-08-20 | 4 | 2550 | 722 | 3.54 | 24 |
| 2026-08-21 | 4 | 2550 | 722 | 3.54 | 25 |
| 2026-08-22 | 5 | 2500 | 698 | 3.60 | 21 |
| 2026-08-23 | 5 | 2500 | 698 | 3.60 | 22 |
| 2026-08-24 | 5 | 2500 | 698 | 3.60 | 23 |
| 2026-08-25 | 4 | 2550 | 722 | 3.54 | 29 |
| 2026-08-26 | 4 | 2550 | 722 | 3.54 | 30 |
| 2026-08-27 | 3 | 2667 | 750 | 3.57 | 29 |
| 2026-08-28 | 3 | 2667 | 750 | 3.57 | 30 |
| 2026-08-29 | 3 | 2667 | 750 | 3.57 | 31 |
| 2026-08-30 | 3 | 2667 | 750 | 3.57 | 32 |
| 2026-08-31 | 3 | 2667 | 750 | 3.57 | 33 |
12-Month Market Dynamics & Trend Trajectory
The Mark at 9560 Markham Rd has achieved a lifetime leasing volume of 14 completed transactions, generating an average monthly rent of $2,354 per month at an average rate of $3.52 per square foot across an average suite size of 677 square feet. Historical tenant turnover averaged 34 days on market across all recorded leasing history in Markham East. Pricing discipline at the property heavily favored tenants, with 50.0% of transactions closing below asking price. Tenants capitalized on an average monthly discount of $36 per month, translating to a 1.33% reduction from initial asking rents and yielding $432 in annualized tenant savings.
Historical building statistics - leased transactions
This section tracks completed leasing transactions over time starting from May 1, 2026. Use the filters below to refine the trends by unit type, parking, den, and price performance.
Latest leased insights and trends
| Date | Units Leased | Avg Leased Price ($) | Avg SqFt (SF) | Avg PSF ($/SF) | Avg DOM (Days) |
|---|---|---|---|---|---|
| 2026-05-10 | 1 | 2200 | 650 | 3.38 | 42 |
| 2026-05-17 | 1 | 2800 | 818 | 3.42 | 12 |
| 2026-05-24 | 2 | 2200 | 575 | 3.98 | 36 |
| 2026-05-31 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-07 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-14 | 1 | 2550 | 850 | 3.00 | 27 |
| 2026-06-21 | 0 | N/A | N/A | N/A | N/A |
| 2026-06-28 | 1 | 2200 | 650 | 3.38 | 28 |
| 2026-07-05 | 0 | N/A | N/A | N/A | N/A |
| 2026-07-12 | 1 | 2750 | 750 | 3.67 | 17 |
| 2026-07-19 | 1 | 2100 | 650 | 3.23 | 15 |
| 2026-07-26 | 2 | 2625 | 750 | 3.51 | 23 |
| 2026-08-02 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-09 | 1 | 2050 | 550 | 3.73 | 27 |
| 2026-08-16 | 0 | N/A | N/A | N/A | N/A |
| 2026-08-23 | 2 | 2300 | 619 | 3.72 | 21 |
Nearby Building Rental Comparables & Price Spreads
Direct rental rate comparisons against residential properties in the immediate vicinity.
The competitive landscape immediately surrounding The Mark (9560 Markham Rd), built in 2019 with 220 suites, features four direct rival properties spanning a structural age range from 2013 to 2022. Art House Condos at 9582 Markham Rd sits 0.09 km away, completed in 2017 with 12 active lease transactions over the past 180 days. Union - Building B at 1 Climo Ln is located 0.14 km away, completed in 2022 with 5 active listings, while Union - Building A at 1709 Bur Oak Ave stands 0.19 km away, completed in 2017 with 3 active listings. The Upper Village - South Tower at 9500 Markham Rd rounds out the set at 0.19 km away, completed in 2013 with 9 active listings. Across this immediate micro-market, the overall comparable benchmark establishes an average rent of $2,371 per month at a rate of $3.24 per square foot across an average suite size of 749 square feet. Positioned right in the middle of this age spectrum, The Mark bridges the gap between older towers like The Upper Village and newer developments like Union, trading at a higher rate per square foot than its immediate peers due to its central location, robust mid-tier lifecycle stage, and efficient modern floor plate configurations.
Comparable Analysis & Questions
How do rental rates at The Mark compare to neighbouring buildings within Markham East?
The Mark achieves an average lease rent of $2,354 per month, aligning closely with the overall comp average of $2,371 per month across benchmark properties including Art House Condos, Union - Building B, Union - Building A, and The Upper Village - South Tower. Art House Condos (9582 Markham Rd) reports an average lease rent of $2,141 per month at $3.46 per square foot across an average of 623 square feet. Union - Building B (1 Climo Ln) records an average lease rent of $2,400 per month at $3.26 per square foot across an average of 762 square feet. Union - Building A (1709 Bur Oak Ave) averages $2,417 per month at $3.08 per square foot across an average of 783 square feet. Finally, The Upper Village - South Tower (9500 Markham Rd) posts an average lease rent of $2,525 per month at $3.15 per square foot across an average of 829 square feet.
Does The Mark offer a competitive price-per-square-foot ($/SF) against local comparables?
The Mark provides a competitive value proposition with an all-time average leased rate of $3.52 per square foot across an average size of 677 square feet, trading at a premium over several nearby alternatives. Renters evaluating The Mark against older or newer choices weigh the trade-offs of modern layout efficiency and recent finishes against larger footprints found in older developments. For instance, tenants moving from The Upper Village - South Tower (9500 Markham Rd) trade down from an average size of 829 square feet at $3.15 per square foot for a more modern, compact layout. Similarly, renters comparing against Union - Building A (1709 Bur Oak Ave) evaluate a shift from 783 square feet at $3.08 per square foot toward The Mark's mid-density efficiency. Meanwhile, Art House Condos (9582 Markham Rd) offers smaller average footprints of 623 square feet at a higher rate of $3.46 per square foot, highlighting The Mark's balanced spatial value.
How do building age, amenities, and developer reputation impact rent spreads?
Residents at The Mark enjoy a comprehensive lifestyle and amenity profile that compares favorably against surrounding buildings in Markham East. The Mark features signature conveniences including a Concierge & Security desk, a Car Wash Bay, a dedicated Gym & Fitness Centre, a Rooftop Terrace, and a Pet Wash Station. In comparison, Art House Condos (9582 Markham Rd) offers an Indoor Pool, Sauna & Steam Room, Hot Tub & Jacuzzi, along with specialized spaces like an Artist's Studio, Digital Arts Centre, and Culinary Arts Room. Union - Building A (1709 Bur Oak Ave) provides a basic Concierge & Security service, while Union - Building B (1 Climo Ln) lists no active amenity data in the current dataset. The Upper Village - South Tower (9500 Markham Rd) includes a Gym & Fitness Centre, Yoga Studio, Rooftop Terrace, and Media & Theatre Room. This diverse amenity mix makes The Mark particularly well-suited for working professionals, pet owners, and fitness-minded residents seeking modern building operations and active shared spaces.
Building Amenities, Transit & Neighbourhood Features
Building amenities and neighbouring residential communities around The Mark.
Building Amenities
- Concierge & Security
- Car Wash Bay
- Gym & Fitness Centre
- Party & Lounge Room
- Meeting Room
- Games & Billiards Room
- Dining Room & Kitchen
- BBQ Area
- Rooftop Terrace
- Pet Wash Station
- Tai Chi Studio
Residential Buildings in the Vicinity
- Art House Condos87 m
- Union - Building B141 m
- Union - Building A186 m
- The Upper Village - South Tower190 m
- UV2 - Upper Village - North Tower535 m
- Joy Station Condos572 m
- Swan Lake Village - 21.4 km
- Swan Lake Village - Phase 11.4 km
- The Hart Haus Condominium1.8 km
- The Essential2.2 km
- Village Glen2.2 km
- 68 Main2.5 km
Data Methodology & Analytical Standards
How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for The Mark.
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.
