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Market Data as of August 31, 2026

Fontana - Building B — Rental Market Data

99 South Town Centre Blvd, Markham, Ontario L6G 0E9
Quick Rent Estimate
Active Suites1 Available
Type
Units
Avg Rent
1-Bedroom + Den
1
$2,400

Building Summary & Rental Market Overview

Rental market analytics and building profile as of August 31, 2026.

Building TypeCondominium
Year Completed2016
Total Suites195
DeveloperH & R Developments

Developed by H & R Developments and completed in 2016, Fontana - Building B is an established residential building located at 99 South Town Centre Blvd within the Markham City Centre submarket. Comprising 195 suites, the property currently features 1 active listing, yielding a tight availability rate of 0.5 percent. Over the past 90 days, the building recorded 6 closed leases with an average days on market of 35 days, alongside 4 closed leases over the past 30 days with an average days on market of 40 days.

Current active asking rent sits at $2,400 per month with an average rate of $3.20 per square foot across an average active suite size of 750 square feet, which aligns closely with realized 90-day lease averages of $2,458 per month at $3.39 per square foot for a slightly more compact average layout size of 732 square feet. The active asking rate per square foot trades 10.6 percent below the broader Markham City Centre submarket asking benchmark of $3.58 per square foot.

Marketing friction remains low, evidenced by a closed days on market average of 35 days that trails the unrented delisted average duration of 57 days, while unrented properties that failed to lease sat at an average asking rate of $3,000 per month, representing an overpricing spread of 29 percent compared to realized leases. Prospective tenants evaluating active inventory will find zero selection across multi-bedroom tiers, as current availability is restricted entirely to a single active 1-Bedroom + Den layout offering 750 square feet of living space.

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Active Rental Inventory & Asking Rates

Current market availability, asking prices, and unit price histories at Fontana - Building B as of August 31, 2026 (comparing August 2026 vs July 2026).

Active Units1
-5 (83.3%)
Avg Asking Rent$2,400
-$67 (2.7%)
Avg Suite Size750 sf
+33 sf (4.7%)
Avg Days on Market49d
+21d (76.0%)
Avg Asking $/SF$3.20
-$0.26 (7.6%)

Active Market Insights & Questions

How has rental availability changed at Fontana - Building B recently?

Fontana - Building B has 1 active listing as of August 31, 2026, with an asking price range, average rent, and median rent per month all fixed at $2,400 per month. The active inventory features an average square footage of 750 square feet and an asking rate of $3.20 per square foot. A 1-Bedroom + Den configuration commands 100 percent of the current active inventory, indicating that available options lean exclusively toward a singular mid-sized layout rather than multi-bedroom suites.

What floor plans and unit layouts are currently available at Fontana - Building B?

The dominant active layout at Fontana - Building B is the 1-Bedroom + Den, accounting for 1 active listing and 100 percent of the available market share. This single active tier offers an average rent of $2,400 per month across an average of 750 square feet at an asking rate of $3.20 per square foot. There are zero active units available across any other bedroom configurations in the building.

What is the average asking rent and $/SF by suite size at Fontana - Building B?

Fontana - Building B features a minimum entry rent, peak asking rent, dollar spread, and percentage spread all registering at $2,400 per month and 0 percent respectively due to the single active listing on the market. Median asking rent stands at $2,400 per month. The sole entry-level and peak suite is a 1-Bedroom + Den spanning 750 square feet and pricing out at $3.20 per square foot.

How much extra do parking spaces and dens cost at Fontana - Building B?

Active den premium dollar amount and square footage delta for Fontana - Building B cannot be quantified as current inventory consists of a single standardized layout tier. Marginal costs per square foot for additional den space are unmeasured given the lack of comparative multi-tier data. Furthermore, active parking premium data cannot be reliably isolated due to an insufficient paired sample.

How do asking rents at Fontana - Building B compare to local and municipal benchmarks?

Fontana - Building B features an active asking rent of $2,400 per month and an asking rate of $3.20 per square foot, trailing the Markham City Centre submarket asking benchmarks of $2,711 per month and $3.58 per square foot. The nominal rent variance reflects both compact suite sizing and a competitive pricing structure, with the building's asking rate per square foot sitting 10.6 percent below submarket asking levels while capturing 1.0 percent of submarket active 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 Fontana - Building B (Data period: For the month of August 2026).

Units Leased4
Avg Leased Price$2,325
Avg Leased Size732 sf
Avg Days to Lease40d
Leased $/SF$3.47

Leased Transaction Insights & Questions

How many suites were leased at Fontana - Building B last month, and how fast did they rent?

At Fontana - Building B, the 30-day days on market averaged 40 days, the 90-day days on market reached 35 days, and the broader Markham City Centre submarket benchmark stood at 27 days. Closed lease counts tracked 4 deals over the 30-day window, 6 deals over the 90-day window, and 6 lifetime deals, pointing to a concentrated surge of late-summer leasing activity.

What is the negotiation spread between asking rents and closed lease prices at Fontana - Building B?

At Fontana - Building B, tenants achieved an average discount of $25 per month, translating to a 1.11% reduction below asking and annual tenant savings of $300 per year. Exactly 33.3% of leases closed under asking, reflecting mild tenant-favorable leverage where landlords offered minor concessions to secure occupancy.

What are typical executed lease prices across different layouts at Fontana - Building B?

The anchor layouts at Fontana - Building B were driven by the 1-Bedroom + Den tier, which recorded 4 closed leases averaging $2,425 per month with a days on market of 29 days. The 1-Bedroom tier recorded 1 closed lease with an average and median rent of $2,050 per month, a P25-P75 range of $2,050 to $2,050 per month, an average size of 550 square feet, a rate of $3.73 per square foot, and 58 days on market, representing an individual single transaction rather than a broad statistical benchmark. The 2-Bedroom + Den tier accounted for 1 closed lease with an average and median rent of $3,000 per month, a P25-P75 range of $3,000 to $3,000 per month, an average size of 943 square feet, a rate of $3.18 per square foot, and 39 days on market, also representing an individual single transaction rather than a broad statistical benchmark.

What measurable rent premium did suites with parking achieve in closed leases at Fontana - Building B?

Parking premium data for Fontana - Building B was inconclusive due to insufficient paired data across historical transactions. Parking stalls were typically bundled directly into multi-room suite agreements without separate line-item values, and active asking figures lacked reliable sample support.

How does the lease-to-listing ratio at Fontana - Building B reflect current tenant demand?

At Fontana - Building B, overall monthly rent followed a shifting trajectory from early summer through late summer. In June 2026, 2 closed deals averaged $2,725 per month at $3.22 per square foot with 27 days on market. By August 2026, leasing volume expanded to 4 closed deals with an average rent of $2,325 per month, $3.47 per square foot, and 40 days on market as smaller floor plans filled the activity pipeline.

De-Listed & Terminated Rental Market Dynamics

Analyze withdrawn listings, tenant price resistance, and subsequent re-listing discount trends at Fontana - Building B (Data period: For the month of August 2026).

Delisted Units1
Avg Asking Price$3,000
Avg Suite Size850 sf
Avg Days on Market57d
Delisted $/SF$3.53

De-Listed Market Analysis & Questions

How many listings de-listed at Fontana - Building B, and what was their re-listing price compared to previous asking?

At Fontana - Building B, 1 unit was delisted, representing a delisted-to-30-day-leased ratio of 25.0% and a delisted-to-lifetime-leased ratio of 16.7%, consisting entirely of 1 terminated listing and zero expired or suspended entries. This establishes a healthy turnover ratio where approximately 1 listing was pulled for every 6 successful leases.

How do asking prices on de-listed suites compare to executed leases and active listings at Fontana - Building B?

At Fontana - Building B, unrented units asked an average of $3,000 per month, which is $675 per month above realized lease averages of $2,325 per month and represented an overpricing spread of 29%. Unrented units were actively overpriced relative to realized market benchmarks.

What market friction causes rental listings to stall or de-list at Fontana - Building B?

At Fontana - Building B, delisted unrented units averaged 57 days on market compared to 40 days for realized leases, resulting in 17 excess marketing days of unrented vacancy carry. This prolonged marketing delay generated economic carrying costs equal to roughly half a month of lost rental income plus ongoing condo maintenance fees.

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.

Suite Filters
Select layout to filter chart
Chart Metrics
Max 2 Plotted
Show Min / Max Range Bands
Left AxisAsking Price
Avg Asking Price
Right AxisUnits Available
Avg Units Available
Historical statistics trends for active listings
DateUnits AvailableAvg Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-04-30130009433.18N/A
2026-05-01130009433.181
2026-05-02130009433.182
2026-05-03130009433.183
2026-05-04130009433.184
2026-05-05130009433.185
2026-05-06130009433.186
2026-05-07130009433.187
2026-05-08130009433.188
2026-05-09130009433.189
2026-05-10130009433.1810
2026-05-11130009433.1811
2026-05-12130009433.1812
2026-05-13130009433.1813
2026-05-14130009433.1814
2026-05-15130009433.1815
2026-05-16130009433.1816
2026-05-17130009433.1817
2026-05-18130009433.1818
2026-05-19130009433.1819
2026-05-20130009433.1820
2026-05-21130009433.1821
2026-05-22130009433.1822
2026-05-23130009433.1823
2026-05-24130009433.1824
2026-05-25130009433.1825
2026-05-26130009433.1826
2026-05-27130009433.1827
2026-05-28227508473.2614
2026-05-29227508473.2615
2026-05-30227508473.2616
2026-05-31227508473.2617
2026-06-01227508473.2618
2026-06-02227508473.2619
2026-06-03227508473.2620
2026-06-04227508473.2621
2026-06-05227508473.2622
2026-06-06227508473.2623
2026-06-07227508473.2624
2026-06-08125007503.3311
2026-06-09125007503.3312
2026-06-10125007503.3313
2026-06-22130008503.53N/A
2026-06-23130008503.531
2026-06-24130008503.532
2026-06-25130008503.533
2026-06-26225757003.722
2026-06-27225757003.723
2026-06-28225757003.724
2026-06-29225757003.725
2026-06-30225757003.726
2026-07-01325507173.595
2026-07-02325507173.596
2026-07-03325507173.597
2026-07-04325507173.598
2026-07-05325507173.599
2026-07-06325507173.5910
2026-07-07325507173.5911
2026-07-08425137253.499
2026-07-09524807103.528
2026-07-10524807103.529
2026-07-11524807103.5210
2026-07-12524807103.5211
2026-07-13624677173.4610
2026-07-14624677173.4611
2026-07-15624677173.4612
2026-07-16624677173.4613
2026-07-17624677173.4614
2026-07-18624677173.4615
2026-07-19624677173.4616
2026-07-20624677173.4617
2026-07-21624677173.4618
2026-07-22624677173.4619
2026-07-23624677173.4620
2026-07-24624677173.4621
2026-07-25624677173.4622
2026-07-26624677173.4623
2026-07-27624677173.4624
2026-07-28624677173.4625
2026-07-29624677173.4626
2026-07-30624677173.4627
2026-07-31624677173.4628
2026-08-01624677173.4629
2026-08-02624677173.4630
2026-08-03624677173.4631
2026-08-04624677173.4632
2026-08-05624677173.4633
2026-08-06524907303.4335
2026-08-07524907303.4336
2026-08-08524907303.4337
2026-08-09425137253.4940
2026-08-10325177173.5541
2026-08-11325177173.5542
2026-08-12325177173.5543
2026-08-13325177173.5544
2026-08-14325177173.5545
2026-08-15325177173.5546
2026-08-16325177173.5547
2026-08-17325177173.5548
2026-08-18222756503.5545
2026-08-19222756503.5546
2026-08-20222756503.5547
2026-08-21222756503.5548
2026-08-22222756503.5549
2026-08-23124007503.2041
2026-08-24124007503.2042
2026-08-25124007503.2043
2026-08-26124007503.2044
2026-08-27124007503.2045
2026-08-28124007503.2046
2026-08-29124007503.2047
2026-08-30124007503.2048
2026-08-31124007503.2049

12-Month Market Dynamics & Trend Trajectory

Fontana - Building B recorded a lifetime closed lease volume of 6 transactions, achieving an overall average rent of $2,458 per month at an average rate of $3.39 per square foot. Average suite sizing spanned 732 square feet with a lifetime days on market average of 35 days, pointing to steady tenant turnover within this Markham City Centre community. Pricing discipline across the building favored tenants slightly, with transactions settling below asking on select negotiations. Approximately 33.3% of historical deals closed under asking, securing an average monthly discount of $25 or 1.11% off list price, resulting in $300 in annual tenant savings and reflecting mild landlord concessions during negotiations.

Loading inventory data…

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.

Property & transaction filters
Chart metrics & timeframe
Max 2 selected
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Latest leased insights and trends

Left AxisLeased Price
Avg Leased Price
Right AxisUnits Leased
Avg Units Leased
Historical statistics trends for leased transactions
DateUnits LeasedAvg Leased Price ($)Avg SqFt (SF)Avg PSF ($/SF)Avg DOM (Days)
2026-06-07227258473.2227
2026-06-140N/AN/AN/AN/A
2026-06-210N/AN/AN/AN/A
2026-06-280N/AN/AN/AN/A
2026-07-050N/AN/AN/AN/A
2026-07-120N/AN/AN/AN/A
2026-07-190N/AN/AN/AN/A
2026-07-260N/AN/AN/AN/A
2026-08-02123506503.6228
2026-08-09224507503.2736
2026-08-160N/AN/AN/AN/A
2026-08-23120505503.7358

Nearby Building Rental Comparables & Price Spreads

Direct rental rate comparisons against residential properties in the immediate vicinity.

Fontana - Building B at 99 South Town Centre Blvd is evaluated alongside an established micro-market cluster of nearby high-rise competitors in Markham City Centre. The competitive set includes Fontana - Building A (89 South Town Centre Blvd, 0.05 km away, completed in 2016 with 10 active listings), Fontana - Building C (38 Cedarland Dr, 0.08 km away, completed in 2017 with 11 active listings), Fontana - Building D (33 Clegg Rd, 0.08 km away, completed in 2017 with 5 active listings), and Eko Markham Centre - Noa 3 (30 Clegg Rd, 0.11 km away, completed in 2009 with 7 active listings). This structural generation spans mid-2010s modern developments alongside the slightly older 2009 Eko Markham Centre tower, creating a cohesive residential node around South Town Centre Boulevard and Clegg Road. Within this micro-market, the overall comparable benchmark registers an average lease rent of $2,470 per month, an average rate of $3.33 per square foot, and an average suite size of 751 square feet. Fontana - Building B aligns closely with these baseline metrics, offering a balanced value proposition rooted in its 2016 completion year. While adjacent sister towers command modest premiums or variations based on precise square footage and floor plate efficiency, the subject building maintains competitive positioning that reflects its mid-decade construction era and established location.

89 South Town Centre Blvd, Markham

Avg Asking$2,766/mo
Avg $/SF$3.21
Rent Spread:
+$366/mo (+15.3%) Higher

38 Cedarland Dr, Markham

Avg Asking$2,742/mo
Avg $/SF$3.18
Rent Spread:
+$342/mo (+14.3%) Higher

33 Clegg Rd, Markham

Avg Asking$2,572/mo
Avg $/SF$3.38
Rent Spread:
+$172/mo (+7.2%) Higher

30 Clegg Rd, Markham

Avg Asking$2,334/mo
Avg $/SF$3.46
Rent Spread:
-$66/mo (-2.7%) Lower

75 South Town Centre Blvd, Markham

Avg Asking$2,300/mo
Avg $/SF$3.62
Rent Spread:
-$100/mo (-4.2%) Lower

32 Clegg Rd, Markham

Avg Asking$2,363/mo
Avg $/SF$3.17
Rent Spread:
-$38/mo (-1.6%) Lower

Comparable Analysis & Questions

How do rental rates at Fontana - Building B compare to neighbouring buildings within Markham City Centre?

Fontana - Building B achieves an average lease rent of $2,458 per month, closely matching the overall comparable benchmark of $2,470 per month across key micro-market alternatives including Fontana - Building A, Fontana - Building C, Fontana - Building D, and Eko Markham Centre - Noa 3. Individual building performances vary by square footage and leasing velocity: Fontana - Building A (89 South Town Centre Blvd) reported an average lease rent of $2,713 per month at $3.20 per square foot across an average of 855 square feet; Fontana - Building C (38 Cedarland Dr) achieved $2,577 per month at $3.16 per square foot across an average of 816 square feet; Fontana - Building D (33 Clegg Rd) recorded $2,395 per month at $3.41 per square foot across an average of 710 square feet; and Eko Markham Centre - Noa 3 (30 Clegg Rd) registered $2,193 per month at $3.54 per square foot across an average of 623 square feet.

Does Fontana - Building B offer a competitive price-per-square-foot ($/SF) against local comparables?

Fontana - Building B establishes its value proposition by offering an average leased rate of $3.39 per square foot across an average suite size of 732 square feet, positioning it competitively below the broader submarket average lease rent of $2,500 per month and submarket average lease rate of $3.57 per square foot. Renters evaluating the subject building against Fontana - Building D (710 square feet at $3.41 per square foot) benefit from a slightly more expansive 732-square-foot average layout at a comparable or more favorable rate per square foot. Conversely, when compared to Eko Markham Centre - Noa 3 (623 square feet at $3.54 per square foot), Fontana - Building B provides 109 more interior square feet while trading at a $0.15 per square foot (4.2%) discount, allowing tenants to secure larger, modern mid-2010s floor plates without absorbing the peak square-foot pricing found in older or more compact micro-market alternatives.

How do building age, amenities, and developer reputation impact rent spreads?

Residents at Fontana - Building B enjoy a comprehensive lifestyle and amenity profile that includes concierge and security service, a gym and fitness centre, an indoor pool, a basketball court, a party and lounge room, and a barbecue area. When contrasted with nearby competitors, the subject building matches or exceeds core wellness offerings found at Fontana - Building A, which adds a yoga studio and sauna and steam room, and Fontana - Building C, which similarly incorporates a yoga studio and meeting rooms. Furthermore, Fontana - Building B provides robust recreational versatility compared to Eko Markham Centre - Noa 3 at 30 Clegg Rd, which features distinct auxiliary spaces like a rock climbing wall and rooftop terrace but lacks the dedicated indoor sports infrastructure found in the Fontana complex. This amenity package primarily serves working professionals, young couples, and fitness-oriented residents seeking active lifestyle options within Markham City Centre.

Building Amenities, Transit & Neighbourhood Features

Building amenities and neighbouring residential communities around Fontana - Building B.

Building Amenities

  • Concierge & Security
  • Gym & Fitness Centre
  • Indoor Pool
  • Basketball Court
  • Party & Lounge Room
  • BBQ Area

Data Methodology & Analytical Standards

How FastScreen aggregates public listing records, tracks active inventory, and calculates rental market metrics for Fontana - Building B.

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.