Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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My top five condos to rent in Markham for 2027 are Uptown Markham Riverwalk, The Signature, Vend, York Condos and The Mark. A Markham one-bedroom condo leased for an average of $2,214 a month in Q2 2026 and a two-bedroom for $2,840 (TRREB). Riverwalk and The Signature are older, so many suites there fall under the 1.9% rent cap.
This guide is for anyone planning to rent a condo in Markham in 2027, from a first apartment near work to a downsized place after selling a house. You get my five picks, what Markham condos really lease for, why two rent reports point in opposite directions, and which buildings give you the most protection on future increases.
How did I pick the best Markham condos for renters?
I looked only at finished buildings with people living in them today, then compared them on the things that change a tenant’s month-to-month life:
- What the condo fee covers. When heat and water are in the owner’s fee, many landlords include them in the rent. That can save you a real amount in winter.
- Building age. Ontario’s rent cap only applies to units first lived in on or before 15 November 2018. Older buildings can be the safer long-term rental.
- Amenities. A pool, gym or guest suite matters more when your suite is under 900 sq ft.
- Choice. Larger buildings put more suites on the market, so you can compare.
- Location. Four of my picks are in the part of Markham that a building-data website groups under Unionville. The fifth is in Wismer, on Markham Road.
Building facts come from building-data website pages checked on 10 November 2026. I do not quote rents for individual suites. The order is my judgement, not an official ranking. If you would rather own, my list of the top 5 condos to buy in Markham uses different buildings.
How much is a condo to rent in Markham in 2027?
The newest official figures are TRREB’s leases for April to June 2026. Its third-quarter report was not posted when I checked on 10 November 2026.
| Condo apartment, Q2 2026 | Markham average lease | Markham leases | York Region average | All TRREB areas |
|---|---|---|---|---|
| One-bedroom | $2,214 | 445 | $2,190 | $2,273 |
| Two-bedroom | $2,840 | 277 | $2,772 | $3,013 |
| Three-bedroom | $3,573 | 19 | $3,512 | $3,779 |
Source: TRREB Rental Market Report, Q2 2026 (average lease rates for condominium apartments, City of Markham). Only one bachelor leased, so it is left out.
Markham sits a little above the York Region average and below the GTA average for every size. TRREB counted 973 Markham condo apartments listed for rent in the quarter and 742 leased, so supply was ahead of demand. For houses, townhouses and basements, see my full guide to average rent in Markham for 2027.
Are condo rents in Markham going up or down?
The two newest monthly reports disagree, and the reason is what they measure.
- Rentals.ca and Urbanation reported Markham apartment and condo asking rents down 5.4% year over year in October 2026.
- liv.rent reported Markham’s unfurnished one-bedroom asking rent at $2,081 in October 2026, up 5.7% from a year earlier, the largest rise of the areas it tracks. It also put Markham’s asking rent per square foot at $3.14, second only to downtown Toronto.
Different listing sites see different mixes of units, so neither number is wrong. My reading is that Markham rents were roughly flat going into 2027. The high rent per square foot is a reminder to compare suite sizes, not just monthly rents.
1. Uptown Markham Riverwalk, 18 and 28 Uptown Drive
What it is like
A building-data website lists Riverwalk as a 20-storey building completed in 2015 with 506 suites. The amenity list includes a concierge, security guard, indoor pool, guest suites, a meeting room and a party room.
Who it suits
Renters who want a full-service building and a pool without paying for a brand-new tower. Suites run from about 445 to 1,168 sq ft.
What it costs
Use Markham’s averages as your guide. The useful detail is the fee: a building-data website lists heat, water and parking in it, so ask whether those are included in your rent.
What to check
Because the building dates from 2015, a suite first lived in before 15 November 2018 is under the rent cap. Ask the landlord to confirm, in writing, when the suite was first occupied.
2. The Signature, 180 Enterprise Boulevard
What it is like
The Signature is a 16-storey Remington Group building near Birchmount Road and Enterprise Boulevard, completed in 2017 with 300 suites, according to a building-data website. Listed amenities include a concierge, security guard, gym, indoor pool and meeting room.
Who it suits
Professionals and couples who want a quieter, mid-sized building with predictable bills. Suites range from about 531 to 1,477 sq ft.
What it costs
A building-data website lists heat, air conditioning, water and parking in the fee, one of the most complete lists among my picks. If your landlord passes that on, the rent may be close to all-in except hydro.
What to check
Smaller buildings have fewer suites for rent at any time. A building-data website showed just one when I checked, so register for alerts and be ready to apply quickly with documents in hand.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
3. Vend, 9 Clegg Road
What it is like
Vend is an 18-storey building by H and W Developments at 8 Cedarland Drive and 9 Clegg Road, completed in 2024 with 254 suites, according to a building-data website. Amenities listed include a concierge, gym and a basketball court.
Who it suits
Renters who want new finishes and appliances and do not mind a smaller amenity list.
What it costs
New suites often ask at the top of the Markham range. With 742 condo leases signed in Markham in one quarter and more listings than leases, you have room to negotiate on a new building.
What to check
Vend is too new for the rent cap. Ask what the landlord plans to charge in year two and put it in the lease. In a building this new, also ask whether any common areas are still being finished.
4. York Condos, 10 Rouge Valley Drive West
What it is like
A building-data website lists York Condos as a 15-storey building completed in 2021 with 545 suites, in the part of Markham it groups under Unionville.
Who it suits
Renters who want choice. A building-data website showed 10 suites for rent here when I checked, the most of my Markham picks, and suites range from about 486 to 1,894 sq ft, so there is room for families too.
What it costs
For a two-bedroom, start from Markham’s Q2 2026 average of $2,840 and adjust for size, floor and parking.
What to check
A building-data website does not list the building’s amenities, so ask the landlord or concierge for the list and visit the gym and party room yourself. The building is too new for the rent cap.
5. The Mark, 9560 Markham Road
What it is like
The Mark is an 18-storey Empire Homes building on Markham Road in the Wismer area, completed in 2019 with 220 suites, according to a building-data website. Listed amenities include a concierge, gym, party room and visitor parking.
Who it suits
Renters whose work or family is in the north end of Markham and who want a newer, compact suite. Sizes run from about 521 to 858 sq ft.
What it costs
Expect pricing near Markham’s one-bedroom average of $2,214, adjusted for parking and finishes.
What to check
Finished in 2019, so the rent cap does not apply. Ask about year-two rent, and confirm which utilities you pay.
How do these five Markham condos compare?
| Building | Completed | Storeys | Suites | Heat in condo fee | Likely under rent cap |
|---|---|---|---|---|---|
| Uptown Markham Riverwalk | 2015 | 20 | 506 | Yes | Often, check date |
| The Signature | 2017 | 16 | 300 | Yes | Often, check date |
| Vend | 2024 | 18 | 254 | Not listed | No |
| York Condos | 2021 | 15 | 545 | Not listed | No |
| The Mark | 2019 | 18 | 220 | Not listed | No |
Source: building-data website pages, checked 10 November 2026; rent cap rule from the Government of Ontario. “Not listed” means a building-data website did not list heat in the fee, so ask the landlord.
If you want the lowest risk of a big increase later, start with Riverwalk or The Signature. If you want new and shiny, look at Vend. If you want the most choice, look at York Condos first. For a sense of each area, see my picks for the best neighbourhoods to live in Markham.
Is a Markham condo rent-controlled in 2027?
Only some are. Ontario’s rent increase guideline for 2027 is 1.9%, but units first occupied for residential purposes after 15 November 2018 are exempt. On Markham’s $2,214 average one-bedroom, a 1.9% increase is about $42 a month.
In every unit, capped or not, the landlord can raise the rent only once every 12 months and must give at least 90 days’ written notice on the proper Landlord and Tenant Board form. My guide to the Ontario rent increase guideline for 2027 walks through how to check which rule covers your unit.
A building’s completion year is not the same as the date your suite was first lived in. A suite in a 2017 building could have sat empty or been used for something else before it was rented. Ask the landlord for the first occupancy date and keep their answer in writing.
In Markham, the best-value rental is often not the newest tower. An older building with heat and water in the fee and a capped rent can cost less over three years than a cheaper-looking new suite that jumps in year two. Compare the full cost, not just the first month. If you are on the fence about buying instead, Markham’s median condo apartment sold for $558,000 from January to October 2026, down 13.2% (TRREB MLS data via REALM), and my rent or buy guide runs the numbers.
What to do next
- Decide what matters most: lowest rent now, a capped rent later, or the newest suite.
- Shortlist two of the five buildings and set listing alerts for both.
- For each suite, list what the rent includes: heat, hydro, water, parking and locker.
- Ask the landlord when the suite was first occupied and what year-two rent will be.
- Have your employment letter, pay stubs and credit report ready before you view.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
How much is rent for a condo in Markham in 2027?
A one-bedroom condo in Markham leased for an average of $2,214 a month in Q2 2026, and a two-bedroom for $2,840, according to TRREB. Those are the latest official lease figures going into 2027. liv.rent’s October 2026 report put Markham’s unfurnished one-bedroom asking rent a little lower, at $2,081.
What are the best condos to rent in Markham?
My top five for 2027 are Uptown Markham Riverwalk, The Signature, Vend, York Condos and The Mark. I chose them for what the condo fee covers, amenities, building age and the number of suites usually for rent. The order is my own judgement, not an official ranking of Markham buildings.
Are condo rents in Markham going down?
It depends on the report. Rentals.ca and Urbanation showed Markham apartment and condo asking rents down 5.4% year over year in October 2026, while liv.rent showed unfurnished one-bedroom asking rents up 5.7%. They track different listings, so the fair summary is that Markham rents were roughly flat heading into 2027.
Is my Markham condo rental covered by rent control?
Only if the unit was first occupied for residential purposes on or before 15 November 2018. Those units are capped at 1.9% for increases in 2027. Newer units, including most suites in buildings finished in 2019 or later, have no cap, but increases still need 12 months between them and 90 days’ written notice.
Which Markham condos include heat in the maintenance fee?
Among my picks, a building-data website lists heat in the fee at Uptown Markham Riverwalk and The Signature, and The Signature also lists air conditioning. When heat is in the owner’s fee, many landlords include it in the rent. Always confirm in writing which utilities you will pay before signing a Markham lease.
Is Markham more expensive to rent than Vaughan?
Slightly, yes. In Q2 2026 a Markham one-bedroom condo leased for an average of $2,214 against $2,130 in Vaughan, and a two-bedroom for $2,840 against $2,666, according to TRREB. Both cities were below the average across all TRREB areas, which was $2,273 for a one-bedroom.
How many condos are for rent in Markham?
Hundreds over a typical quarter. TRREB counted 973 Markham condo apartments listed for rent from April to June 2026, and 742 were leased. On a single day, individual buildings show far fewer: when I checked a building-data website on 10 November 2026, York Condos had 10 suites listed and The Signature had one.
How much income do I need to rent a two-bedroom condo in Markham?
About $113,600 a year before tax, if you keep rent near 30% of household income. That is my arithmetic on Markham’s Q2 2026 two-bedroom average of $2,840 a month. Landlords set their own screening rules, and a guarantor or roommate can help if your income is lower.
Should I rent or buy a condo in Markham in 2027?
It depends on how long you will stay. Markham’s median condo apartment sold for $558,000 from January to October 2026, down 13.2% from 2025 (TRREB MLS data via REALM). Renting usually costs less each month, while owning builds equity over time. Compare full monthly costs, including fees and taxes, before deciding.
Sources
- TRREB Rental Market Report, Q2 2026
- Rentals.ca and Urbanation: National Rent Report, October 2026
- liv.rent: October 2026 Ontario Rent Report
- Government of Ontario: Rent increase guideline
- A building-data website: Uptown Markham Riverwalk, 18 and 28 Uptown Dr
- A building-data website: The Signature Condominium, 180 Enterprise Blvd
- A building-data website: Vend, 8 Cedarland Dr and 9 Clegg Rd
- A building-data website: York Condos, 10 Rouge Valley Dr W
- A building-data website: The Mark Condos, 9560 Markham Rd
Related reading
- Top 5 Best Neighbourhoods to Live in Mississauga in 2027
- Top 5 Best Neighbourhoods to Live in Brampton in 2027
- Top 5 Best Neighbourhoods to Live in Markham in 2027
- Top 5 Best Neighbourhoods to Live in Oakville in 2027
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.