Sometimes, it's the cities near a metropolitan city where the actual action is. And your new city, Markham, proves just that. This is why a lot of people like you are willing to make a house in the Markham real estate market theirs. The historic city of Markham is towards the northeast of Toronto. At Markham, you can find a slow pace of life - unlike the rush and chaos that you usually see in Toronto. But don’t let this small-town image of Markham fool you. In this city, you’ll find almost all the perks and conveniences, making it the perfect place to call home.
Ready to check out the kind of homes available in your new city? Scroll above and take a look at the houses in Markham!
A city where your career can reach new heights - is this something on your wishlist? Then, you definitely need to look for the perfect home in Markham real estate. Why? That’s because some of the best employers in Canada are in this city. We’re not just saying that. Forbes itself has given this tag to your new city for the fifth consecutive year. Markham got the second rank in this among all the municipalities in Canada. In the “Government Services” sector, Markham got the 12th rank. A lot of businesses in the city have been selected by the Great Place to Work® Canada.
Markham is home to 1500 tech and life science companies. Hence, the title “Second Tech Hub of Canada.” There are 650 corporate offices and 234 foreign companies within Markham. All the big names like IBM, Oracle, Huawei, Tesla, and AMD have set their shop in Markham.
Grab the chance to get ahead in your career. Scroll above and choose your dream home among the houses in Markham real estate!
In 2011, Statistics Canada named Markham as the “most diverse community.” And truly, Markham is that city where everyone fits in. No matter which country, religion, or race you belong to, you’ll fit right in here. This diversity can be a big perk to you even when you’re born and brought up in Canada. Thanks to this diversity, you'll be able to taste food from all over the world and take part in different cultural events and festivals right here in Markham. No need to travel abroad. Isn't that another great reason to make a house in Markham for sale your new home? Absolutely!
In 2021, Numbeo named Markham as the second safest city in Canada. Markham was also said to be 65% safer than other cities in Canada by Area Vibes. Five years later, Markham still retains its tag as one of the safest places in the GTA. The safety scale of Markham is 72.69 while in Toronto, it is 56.58.
Take a look at the houses for sale in Markham, Ontario now!
338,503 people were living in Markham. In five years, the population in the city had increased by 2.9%. 58% of the people living in Markham were from outside the country. The largest ethnic group in the city was Chinese. 34.8% of the residents in Markham speak English (2021 Census Data).
Like in the other cities in the York Region, the English public schools in Markham are under the York Region District School Board. Most of the schools in Markham secure top ranks in the Fraser Institute Ranking. In fact, in 2024, St. Robert Catholic High School in Thornhill-Markham got a perfect 10.0 score.
Take a look at the Properties Near Top Rated Schools In Markham!
Markham has a few great post-secondary institutions as well. You'll find the campus of these institutions in Markham -
Markham Stouffville Hospital can be called the "main healthcare facility" of the city. At Markham, you’ll also find the Shouldice Hospital. If you want a hospital that offers 24/7 healthcare services, the North York General Hospital is there.
Main highways in the city -
Do not prefer driving around? No worries! You can travel to and from your new city using -
By now, you must have a pretty good idea about how strong the job market is in Markham (check the previous section). The unemployment rate in the city is much lower than the rate in Canada - 38%. And guess what? The average income in Markham is much higher than in Toronto - 10%.
The average cost of living for one person in Markham is $743 (without rent). Markham is the fifth most expensive city in Ontario.
True, Markham is known as the high-tech capital of Canada. But there’s another thing your new city has a reputation for. Yes, and that is that the Markham real estate market has one of the most expensive housing markets in Canada. The average price of the houses sold in Markham was 33% higher than in Ontario (December 2024). So, yes, you do need a high budget to buy a house in Markham. But this “higher home price” can actually be a perk for you in the long term. That’s because the Markham house prices have been steadily increasing year after year. This means that you can build equity in your new home faster. You can earn a great profit in your new home when the time comes for resale.
The price of homes in the Markham housing market has gone up significantly in just five years (January 2020 to 2024) - 28%. And guess how much the average price of detached homes has increased? 112% in just ten years! So, once you make a detached house in Markham yours, you’re most likely to get a high resale value.
Like you, a lot of homebuyers usually pick detached houses over other housing types in the city. People are willing to make these houses their new home even though they have to pay around $1.6M for it. And the reasons for that are obvious - more space, more privacy, a big yard, no attached walls. And let’s not forget how significantly the value of detached properties in the Markham housing market is going up. This can turn out to be a perk for you when you eventually sell your home.
But if you do not want to stretch your wallet so far, you can go for a semi-detached house. In these houses, you would have to share a wall with a neighbour. But you’ll have a lot more space and privacy here than in an apartment and townhouse for sale in Markham.
Scroll above and take a look at the new properties in the Markham housing market now!
Pretty and posh - these two words perfectly describe the Angus Glen area. It’s a neighbourhood in the northeastern part of Markham.
Highlights of the Angus Glen Area -
Greensborough is a neighbourhood in the easternmost part of Markham. This is the most populated area in the city. Greensborough is home to around 5,414 people.
Highlights of the Greensborough Area -
The next neighbourhood on our list is the Markham Village. This area is in the east centre of Markham.
Highlights of the Markham Village Area -
Find the new houses in the best neighbourhoods in Markham real estate - scroll above!
All set to look for and buy your new home in Markham real estate? You’ve probably prepared yourself for a long to-do list ahead. You would have to make sure you’re not going over your budget. You would have to find the perfect home for sale in Markham out of the many MLS listings out there. You would have to compare the prices of the recently sold homes in Markham and make sure you’re not overpaying for your new home. Of course, an expert Realtor can help you through it all. But then, you'll also have to look for this expert Realtor who can help you throughout.
But what if we told you The Canadian Home can help you tick almost all the tasks off your list, including hiring the best Realtor? Absolutely! At The Canadian Home, you’ll find all the tools and features you need to find and buy your dream home in Markham, successfully.
No more sifting through countless listings in the Markham housing market that don’t even fit your criteria. Use the advanced search filters of The Canadian Home and quickly find homes that could be the one for “you.”
The Canadian Home lets you save the homes in Markham that you really like. You can then check out these properties instantly anytime you want - no more searching for them again. Also, our platforms send you instant alerts if your Favourite property has any updates.
Yes, The Canadian Home is a one-stop platform to find all types of houses in Markham. Here, you can explore condo apartments and townhouses for sale in Markham. On our platform, you can even find investment homes, pre-construction properties, and rentals in Markham.
The Canadian Home gives you access to the listing history of each property on our platform. You can check out when the property was first put out for sale. You can also see if the price of the home in Markham has changed since it was put out for sale. Use this to negotiate with the seller and make a smart home-buying decision.
At The Canadian Home, we have expert Realtors ready to help homebuyers like you. You can chat with any of our real estate experts right away from our platform. Want to book a showing or schedule a call with the Realtor for later? Just fill out the form on the property details page, and your appointment will be fixed with the Realtor.
Ready to find the perfect home in the town you can call yours? Explore the homes in Markham real estate on The Canadian Home now!
The average price of recently sold homes in Markham, Ontario is $ 1,178,409 . With an average price of $1.2M, Markham is one of the most expensive places to buy a house (December 2024 data).
What’s affordable to one homebuyer may not be the same for another. So, in case you have a particular budget in mind, use that as a filter while searching for houses on our platform.
No, Markham is not a part of Toronto. It’s a separate city within the Regional Municipality of York. Markham is towards the north of Toronto.
Markham is a city in the Regional Municipality of York. It is the biggest city in the York Region.
These are the closing costs that you can negotiate while buying a house in Markham - Real estate agent commission, Home inspection fees, Title insurance, Mortgage fees
The minimum down payment will depend on the price of the house for sale in Markham. If the home price is below $500,000, the minimum down payment will be 5%. In case the Markham house is between $500,000 and $1,499,999, the minimum down payment will be 5% of the first $500,000 and 10% of the amount above $500,000. If the price of the Markham home is above $1,500,000, the minimum down payment will be 20%.
If you can afford higher monthly payments, a 25-year mortgage can be better than a 30-year mortgage. In this loan, you can pay off your loan faster and save money on interest over the life of the loan. But if you want lower monthly payments, it’s better to go for a 30-year mortgage in Canada.