Markham East Rental Comps & Market Trends
Access granular residential building comps, verified lease benchmarks, and real-time inventory for 22 tracked properties across Markham East, Markham.
Active Rental Inventory
Listed and Tracked by FastScreen as of August 2026Current publicly listed rental units and asking prices across Markham East
Closed Leases
Transactions that closed in August 2026 across Markham East
Markham East Rental Rates by Unit Layout
Realized lease pricing, square footage, and pricing spreads across layout configurations based on transactions in August 2026.
Markham East Tracked Buildings & Lease Comps
Compare average realized rents, price per square foot ($/SF), active availability, and leasing velocity across tracked condo buildings in Markham East, Markham.
| Action | |||||
|---|---|---|---|---|---|
Joy Station Condos 9751-9793 Markham Road | $2,326/mo | $3.48/SF | 17leases | 2units | Comps |
Condominiums of Cornell 2 58 Adam Sellers St | $2,625/mo | $3.01/SF | 4leases | 0units | Comps |
The Mark 9560 Markham Rd | $2,217/mo | $3.73/SF | 3leases | 1unit | Comps |
Art House Condos 9582 Markham Rd | $1,967/mo | $3.41/SF | 3leases | 1unit | Comps |
Canvas on the Rouge 9700 Ninth Ln | $2,200/mo | $3.44/SF | 2leases | 2units | Comps |
GEM - Greenlife East Markham 7325 Markham Rd | $2,400/mo | $2.65/SF | 2leases | 1unit | Comps |
UV2 - Upper Village - North Tower 9506 Markham Rd | $2,000/mo | $4.70/SF | 2leases | 0units | Comps |
68 Main 68 Main St N | $2,600/mo | $3.34/SF | 2leases | 0units | Comps |
Milliken Centre 4600 Steeles Ave E | $2,400/mo | $3.24/SF | 2leases | 0units | Comps |
Union - Building A 1709 Bur Oak Ave | $2,500/mo | $3.12/SF | 2leases | 0units | Comps |
Condominiums of Cornell 2 Adam Sellers St | $2,150/mo | $2.87/SF | 1lease | 2units | Comps |
The Upper Village - South Tower 9500 Markham Rd | $2,800/mo | $3.06/SF | 1lease | 1unit | Comps |
GEM 2 - Greenlife East Markham 39 New Delhi Dr | $2,700/mo | $2.45/SF | 1lease | 1unit | Comps |
GreenLife Golden 7400 Markham Rd | $2,700/mo | $2.45/SF | 1lease | 1unit | Comps |
Parkview Place 7428 Markham Rd | $2,000/mo | $3.08/SF | 1lease | 1unit | Comps |
Hampton Green 2 Raymerville Dr | $3,200/mo | $2.91/SF | 1lease | 0units | Comps |
Prentice Place 7340 Markham Rd | $2,500/mo | $2.09/SF | 1lease | 0units | Comps |
Union - Building B 1 Climo Ln | $2,100/mo | $3.82/SF | 1lease | 0units | Comps |
Swan Lake Village - 2 50 & 80 The Boardwalk Way | — | — | 0leases | 0units | Comps |
Swan Lake Village - Phase 1 55 & 85 The Boardwalk Way | — | — | 0leases | 0units | Comps |
Village Glen 30 Wilson St | — | — | 0leases | 0units | Comps |
The Hart Haus Condominium 206 Main St | — | — | 0leases | 0units | Comps |
9751-9793 Markham Road
58 Adam Sellers St
9560 Markham Rd
9582 Markham Rd
9700 Ninth Ln
7325 Markham Rd
9506 Markham Rd
68 Main St N
4600 Steeles Ave E
1709 Bur Oak Ave
2 Adam Sellers St
9500 Markham Rd
39 New Delhi Dr
7400 Markham Rd
7428 Markham Rd
2 Raymerville Dr
7340 Markham Rd
1 Climo Ln
50 & 80 The Boardwalk Way
55 & 85 The Boardwalk Way
30 Wilson St
206 Main St
Derived from verified closed lease contracts finalized during August 2026 across multi-residential buildings in Markham East.
Realized monthly lease price divided by interior living square footage (excluding external terraces and parking valuations).
Total executed lease agreements. In boutique buildings with fewer than 2 monthly leases, comps automatically expand to a 90-day rolling window to preserve statistical validity.
The duration from public MLS listing publication to final binding agreement. Active supply reflects current vacant or upcoming units available for rent.
Markham East Rental Market Dynamics & Local Yield Trends
Comprehensive Residential Market & Yield Overview for Markham East
Markham East is an established residential submarket within Markham, comprising 22 tracked condominium and multi-family properties. The neighbourhood benefits from strong local demand, proximity to regional employment nodes, and accessible neighborhood commercial amenities.
Transportation throughout Markham East is anchored by municipal transit connections, primary arterial thoroughfares, and nearby regional highways, connecting residents efficiently across Markham and the wider Greater Toronto Area.
The residential inventory in Markham East features a balanced mix of contemporary condominium developments and established multi-residential suites, offering versatile floor plans tailored to individuals, couples, and working professionals.
Submarket Pricing Density & Municipal Benchmark Spread
The realized average lease rate in Markham East is currently $2,314/month ($3.37/SF), with an average leasing velocity of 25 Days on Market. Compared to the overall Markham municipal benchmark ($2,510/month), Markham East trades at a 8% discount, reflecting local transit connectivity, tenant demand, and building amenity standards. Within the submarket, building-level lease rates range from Art House Condos ($1,967/mo) to Hampton Green ($3,200/mo).
Currently across Markham East's 22 tracked multi-family properties, there are 13 active rental listings with an average asking rent of $2,454/month ($3.12/SF). For closed transactions executed in August 2026, realized lease agreements averaged $2,314/month, representing real-world contract values negotiated between property owners and prospective tenants.
For Renters
Evaluate both verified closed lease comps and active asking prices across Markham East to pinpoint value. Units featuring included parking stalls and private balconies represent high-utility assets. With an average of 25 days on market, prepare pre-verified credit reports, proof of employment, and deposit drafts prior to viewings. Check building construction completion dates to confirm Ontario rent control guideline applicability.
For Landlords
Aligning initial asking rents with recent 30-day closed transactions rather than speculative active listings prevents extended vacancy periods and protects net operating income. At an average rent of $2,314/mo, each day of vacancy costs $77/day. Pricing your listing accurately to 30-day verified comps eliminates costly extended marketing periods and protects your annual net operating income.
For Realtors
Review building-level historical lease velocity and $/SF trends in Markham East to prepare comprehensive, defensible comparative market analyses for clients. Utilize granular building-level $/SF comps across Markham East's 22 properties when preparing client CMAs. Highlight transit walking times, parking inclusions, and balcony square footage to command premium tenant interest.
Markham East Rental Market & Leasing FAQs
Essential insights for tenants, property owners, and real estate professionals navigating Markham East, Markham
Based on lease transactions tracked by FastScreen in August 2026 across 22 tracked condominium and apartment buildings in Markham East, realized rents by unit layout average:
- Studio / Bachelor:$1,574/mo($3.42/SF · 460 SF)-$133 vs Markham avg
- 1-Bedroom:$2,028/mo($3.74/SF · 561 SF)-$30 vs Markham avg
- 1-Bedroom + Den:$2,250/mo($3.34/SF · 680 SF)+$16 vs Markham avg
- 2-Bedroom:$2,917/mo($3.07/SF · 955 SF)+$156 vs Markham avg
- 2-Bedroom + Den:$2,717/mo($2.61/SF · 1050 SF)-$295 vs Markham avg
- 3-Bedroom+:$3,471/mo($2.94/SF · 1180 SF)-$294 vs Markham avg
Overall market leasing across all unit layouts averaged $2,314/month ($3.37/SF) with an average of 25 Days on Market. Active rental listings currently average $2,454/month ($3.12/SF) for an average unit size of 804 SF.
Explore Other Markham Submarkets
Compare neighbourhood comps and rental rates for leased units across Markham against Markham East