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Markham, situated 18 miles east of Toronto, is the most populated of the nine municipalities in the York region. This region's growth and advancements pivot on technology and life sciences, earning it the title 'Silicon Valley of the North'. This tech city is inhabited by an affluent and intellectual workforce, making it a strong economy in Ontario. Being a strategic area for innovation and collaboration, condos for sale in Markham are a prime choice among technocrats.
Markham is one of the safest cities in Canada, with a safety walking rate during daylight hours above 80%. Residents of Markham are not only benefitted by lower crimes and corruption but also have the lowest rate of discrimination on the basis of ethnicity, religion, gender, or colour. It is always appreciated that you buy a condo in Markham as the city has stringent measures to implement law and order and maintain safety.
The quality of living in an area is enhanced when the needs of the dwellers and the plans of the officials converge to a single point. A road with potholes, broken street lights, or poor drainage all pose headaches to its residents. If you buy Markham condos, you will be free of all these worries as the locality's infrastructure doesn't fall into the above poor categories. The local administrative body of Markham, acclaimed for its 10-year developmental plans and their implementation, promptly handles these.
Markham is labelled as a top Intelligent community across the globe. 90% of the nationals have at least a high school diploma, while more than 50% have a university degree, diploma or certificate. The people are marked for their academic intelligence and innovations in science and technology. If you want to be a part of this intellectual community, check with a smart tool, such as a mortgage calculator, that your finances will allow you to buy a new condo in Markham.
As per the York region employment survey of 2024, the top five employers in Markham are IBM Canada Ltd., TD Bank Financial Group, AMD Technologies Inc., CGI Information Systems and Aviva Canada. With nearly 1,050 technology and life science companies, a resident of Markham condo is never out of job opportunities.
Though Markham is a land of sensors and transistors, the air quality is measured to be fair and good throughout the year, making it the best spot for professionals with families.
The price of Markham condos for sale is influenced by its proximity to the tech centre. Real estate market trends indicate that the average price of a detached home for sale in Markham is $ 2,111,923 , notably higher than the GTA average. On average, a Markham condo is priced $ 723,681 , and the numbers indicate that the condos are available at nearly half the price of a house.
Do the above highlights make you feel that a Markham condo is the one that you should call home? Then, attend an open house at no cost and let that opportunity strengthen or weaken your thoughts.
"All work and no play makes Jack a dull boy." The same applies to grown ups as well. A weekend well spent can boost the overall work performance on weekdays. Yes, condos in Markham have a full pack of activities in the locality itself.
It comprises 30 different buildings spread across 10 hectares of land. Amongst the different structures, such as the barns, houses, sheds, train station, church, cidery, and blacksmith mill, Hoover House is the oldest building. A Regency-style cottage and a traditional log house, both portraying Victorian styles from the 19th century, are also showcased in this open museum.
Parents usually think of properties near top-rated schools and literally forget that a park is equally essential. Luckily, Markham has more than 200 parks offering recreation to children and adults. The most prominent ones are listed below.
Toogood Pond Park: The park has an artificial dam and a waterfall. The pond is a spot where one could find many fishes, ducks, and Canada Geese.
Milne Dam Conservation Park: The largest park in Markham, on the bed of Milne Reservoir, spans 123 hectares of land and has ample green spaces, walking trails, and an old hundred-seat picnic shelter.
Rouge National Urban Park and Bob Hunter Memorial Park. Rouge National Urban Park stretches across Toronto, Markham, Pickering, Uxbridge, and Whitchurch-Stouffville, making it the largest of its kind in North America. Bob Hunter Memorial Park is the gateway to Rouge Park, with long trails and recreational infrastructure.
Pomona Mills Park: This destination offers mature trees, long trails for walking, and wildlife spotting. The park is located at Thornhill Village on the banks of the Don River and adjacent to the historical Thornhill Cemetery.
The exhibit's primary focus falls on nearly 600 pieces of different sketches and drawings, which shed light on the work evolution of F H Varley. The gallery also features drawings from the Group of Seven, along with dedications for Contemporary Canadian Art and Inuit works.
Forest bathing is a Japanese practice that offers various health benefits, such as mental health, improved attention, and lower blood pressure. Guided or self-guided Shinrin Yoku is facilitated at various parks, namely Pomona Mills, Rouge Valley Trail, Springdale Park, and Toogood Pond Park. The forest bath facility has elevated the demand for condos for sale Markham.
The new condos in Markham are walkable to the shopping centres and markets. The city has shopping malls such as CF Markville, Markham Town Square, Langham Square, etc., along with a Farmers Market that delivers fresh produce, groceries, clothing, and electronics.
Cornell, located in the northeast of Markham, is a planned community established in the last decade of the 20th century. 90% of the residential buildings are owned, and only the remaining are put under the label of apartments for sale. If a condo for sale in Markham refers to the Cornell neighbourhood, remember that the area's design has bagged the Design Excellence Award in 2006. Cornell has nine public and five catholic schools, ensuring quality education for the children of Markham homes. The shopping experiences are well taken care of by Bur Oak Avenue, local shops, and CF Markville. The Cornell Community Centre and major parks in the locality serve the recreational needs of its population.
Unionville is for homebuyers who seek a suburban environment with a touch of heritage all around. The region is attracted by tourists and visitors due to its conservation heritage status and annual events like the Unionville Festival, Heritage Festival, and Olde Tyme Christmas celebrations. To our surprise, the MLS listings of Unionville provide an ample set of options for buying a condominium. A Markham condo in this region thus amalgamates the serenity of nature, the heritage of the land, and the modernity of a condo.
Markville is a premium residential area, in and around the CF Markville shopping centre. With 80% of the population being couples, 60% have at least a child, tagging the area as homely. The region has schools, parks, recreational centres, and shopping options to cater to the needs of its people efficiently. The neighbourhood's plan of expansion is an attraction for the ones who look for properties ideal for investments.
This is a highly residential area named after William Berczy, the founder of Markham. The region has William Berczy Public School for primary education and Pierre Elliott Trudeau High School. The city emphasises on 'Smart Growth', and hence, the focus is on the betterment of existing communities, preservation of open spaces, and a pedestrian-encouraged community. Berczy Park, Frederick Bagg Park, Nördlingen Park, Williamstown Green and Berczy Square are its major recreational areas.
This refers to the core of the Markham town, a region holding rich ancient roots sufficed with a range of housing options, shopping areas, and dining centres. The Markham Museum, historic village, and Morgan Park are all part of this neighbourhood.
Box Grove, originally a hamlet of Markham, expanded its residential and commercial buildings from its protected agricultural land from the early 90s. The area is giving rise to new residential buildings and condos for sale in Markham that meet the older as well as Gen Z demands equally. People who buy a house in Box Grove commute mainly by car.
The history of Greensborough dates back to many untold stories, yet it has a living environment anyone would admire. Though the construction of this area boomed only after 2000, 90% of the houses are occupied by their owners, showcasing the economic wealth of the locality. Condos for sale in Markham have The Swan Lake Park, Greensborough Public School, Markham-Stouffville Hospital and the local market to cover the daily errands.
The officials at the top are integrating calculated moves to keep up with the smart city label. The needs of the growing population are foreseen, and plans are being framed to meet all the demands. Many residential areas are being upscaled, and new residential structures are being built in the city. An IT hub that intervened with the heritage is the trump card of a Markham condo buyer and an investor. So, stop waiting and start searching on the MLS listing of Markham.
On average, a Markham condo is priced $ 723,681 .
No. The condo fee refers to the monthly maintenance fee that you pay to the Condo Association. Based on the assessed value of the building, the Property tax is paid annually to the municipality.
Biometric security system, sensor based lights, fan, cooler, and warmer that turn on and off sensing human presence and climate, surveillance system, and energy efficient kitchen appliances.
It is a real estate metric indicating the potential income one could obtain by renting their property. It is obtained by dividing the total rental income by the property cost, expressed in percentage. The higher the rental yield, the better the returns.
It is the number of condo units that are being owned or occupied. This value indicates whether the condominium is in high or low demand.
Some condos offer free storage within or adjacent to their units. Sometimes, it can be on the same floor or off-site. On the contrary, authorities can demand extra charges for their storage, and this will be clearly mentioned in the condo documents.