Why Invest in Markham Real Estate?
The City of Markham is located north of the Greater Toronto Area in the region of York. Markham is known as the High-Tech Capital of Canada and is named the Silicon Valley of the North. The area has gained recognition for its concentration of high-tech companies. With several highways connecting the city with downtown Toronto, Markham is quite accessible. The City of Markham is home to a highly diverse population of over 351,000 people, with over 70% of the population being in visible minority groups. As the population grows, Fortune 500 companies are bringing employment to the region. A new concept of the urban environment will be developed by the Downtown Markham project, which will bring new office buildings and commercial buildings as well as high-rise condominiums and townhomes, turning this area into one of the most desirable in the Greater Toronto Area. This city has a wealth of new facilities, numerous housing options, and excellent educational institutions. There are many new condo developments in Markham as the population has increased, more housing options have become available. Living in Markham will give residents easy access to many shopping options, public transit, career opportunities, and city facilities. The City of Markham allows for easy access to other regions of the Greater Toronto Area through Highway 7, 404, and 407, and motorists can arrive in Downtown Toronto in 30 minutes. Residents can take advantage of the city’s excellent transit services, operated by York Region Transit. The city is also home to many diverse and amenity-rich neighbourhoods, where there are plenty of opportunities to invest in new condos in Markham, among the many other new developments in the city.
List of New Condos in Markham
-
Markville Mall Condos
Pricing From Coming Soon
5000 Hwy 7, Markham, ON, Canada
Developer - Cadillac Fairview Corporation
Neighbourhood - Markville
Occupancy - TBD
View Details -
Highmount Condos
Pricing From Coming Soon
4077 Hwy 7, Markham
Developer - Kingdom Development
Neighbourhood - Unionville
Occupancy - TBD
View Details -
The Unionville Condos
Pricing From $593,990
9332 Kennedy Rd, Markham, ON, Canada
Developer - inCAN Developments
Neighbourhood -
Occupancy - 2026
View Details -
Gallery Towers 2
Pricing From $672,990
190 Enterprise Blvd, Markham, ON, Canada
Developer - The Remington Group
Neighbourhood -
Occupancy - 2024
View Details -
Gallery Towers
Pricing From $713,990
190 Enterprise Blvd, Markham, ON, Canada
Developer - The Remington Group
Neighbourhood -
Occupancy - 2024
View Details -
Mer Bleue Lands Condos
Pricing From Coming Soon
160 Bullock Dr, Markham, ON, Canada
Developer - Caivan Communities
Neighbourhood -
Occupancy - TBD
View Details -
UnionCity Condos
Pricing From Coming Soon
15 University Blvd., Markham
Developer - Metropia Urban Design
Neighbourhood -
Occupancy - 2027
View Details -
Riverview Condos 3
Pricing From Developer Sold Out
Rougeside Promenade, Markham, Unionville, ON, Canada
Developer - Times Group Corporation
Neighbourhood -
Occupancy - 2022
View Details -
Royal Bayview Condos 2
Pricing From $1,630,000
Royal Orchard Boulevard & Bayview Avenue, Markham, ON, Canada
Developer - Tridel
Neighbourhood - Royal Orchard
Occupancy - 2025
View Details -
Royal Bayview Condos
Pricing From $1,820,000
Bayview Avenue & Royal Orchard Boulevard, Thornhill, Markham, Ontario, Canada
Developer - Tridel
Neighbourhood - Royal Orchard
Occupancy - 2025
View Details -
Riverview Condos 2
Pricing From Developer Sold Out
Rougeside Promenade, Markham, Unionville, ON, Canada
Developer - Times Group Corporation
Neighbourhood - Unionville
Occupancy - 2022
View Details -
Pavilia Park Towers
Pricing From $1,211,800
381 Hwy 7, Markham, ON, Canada
Developer - Times Group Corporation
Neighbourhood -
Occupancy - 2023
View Details -
Langstaff Gateway
Pricing From Coming Soon
127 Langstaff Rd E, Markham, ON
Developer - Kylemore Communities
Neighbourhood -
Occupancy - TBD
View Details -
Joy Station Condos 2
Pricing From $1,210,900
9781 Markham Rd, Markham, ON, Canada
Developer - Liberty Development Corporation
Neighbourhood - Greensborough
Occupancy - 2024
View Details -
Everhome
Pricing From $753,800
9704 McCowan Rd, Markham, ON
Developer - The Sher Corporation
Neighbourhood - Berczy Village
Occupancy - 2023
View Details -
Joy Station Condos
Pricing From $1,207,900
9781 Markham Road, Markham, ON
Developer - Liberty Development Corporation
Neighbourhood - Greensborough
Occupancy - 2024
View Details -
Courtyards at Cathedraltown
Pricing From $709,850
10340 Woodbine Ave, Markham
Developer - King David Inc
Neighbourhood - Cathedraltown
Occupancy - 2021
View Details -
Orchid Condos
Pricing From Coming Soon
8293 Warden Ave, Markham, ON
Developer - The Conservatory Group
Neighbourhood - Unionville
Occupancy -
View Details -
Gallery Square Condos
Pricing From Developer Sold Out
8110 Birchmount Rd, Markham, Ontario, Canada
Developer - The Remington Group
Neighbourhood - Unionville
Occupancy - 2023
View Details -
Vendome Markham Condos
Pricing From Coming Soon
1 Clegg Rd, Markham, ON
Developer - H & W Developments
Neighbourhood - Unionville
Occupancy - 2022
View Details -
Markham Sheppard Condos & Towns
Pricing From Developer Sold Out
5131 Sheppard Ave E , Markham, Ontario, Canada
Developer - Daniels, Diamond Corp
Neighbourhood - White Haven
Occupancy - 2020
View Details -
Pavilia Park Towers 2
Pricing From Developer Sold Out
381 Hwy 7, Markham, ON
Developer - Times Group Corporation
Neighbourhood - Commerce Valley
Occupancy - 2022
View Details -
Markham Square Condos
Pricing From $777,900
28 Main Street Unionville, Markham, ON
Developer - ONEPIECE Developments
Neighbourhood - Downtown Markham
Occupancy - 2021
View Details -
The Watford Condos
Pricing From Coming Soon
162 Main St Unionville, Markham, ON
Developer - The Watford Group
Neighbourhood - Unionville
Occupancy - TBD
View Details -
Varley Condos
Pricing From Developer Sold out
20 Fred Varley Dr, Markham, ON
Developer - Tribute Communities
Neighbourhood - Unionville
Occupancy - 2018
View Details -
Origin Lofts
Pricing From Sold Out
1720 Bur Oak Ave, Markham, ON
Developer - Nascent Developments, The Sher Corporation
Neighbourhood - Wismer
Occupancy - 2021
View Details
Why Buy New Condo Developments in Markham?
The city of Markham has the seventh-largest population in Ontario. Four main development areas have been focused on in its growth strategy: safety and sustainability of neighbourhoods, money and resources, diversity, and exceptional services. The city has many careers, housing, and educational opportunities available. The city will soon welcome the new York University Markham Centre Campus, which is set to open in Fall 2023. The City of Markham and York University are partnering on the project, intending to accommodate 4,200 in the early stages. Seneca College Markham Campus is situated at Highway 404 and Highway 7. The college offers both full-time and part-time programs. In Markham, you can find an array of attractions, dining, arts and culture, parks and trails, and shopping options. The city of Markham hosts a variety of events, including Night it Up and Taste of Asia, to showcase its many cultures. With a new condo in Markham, you’ll have access to all the city’s excellent amenities, including parks and shopping malls. Markham is primarily an urban area, but the city has made efforts to preserve its natural environment. Residents can enjoy nature at Milne Dam Conservation Park, Milliken Mills Park, and Bob Hunter Memorial Park.
- 1
- 1
- 1
- 1
Employment in Markham
Investing in a new condo development in Markham will place you in an award-winning community with over 10,840 businesses in the city, and it is one of the most successful economies in Ontario. There are over 650 corporate offices in the city, 1,500 technology and life science companies, and 240 foreign companies. Of the 351,000 residents living in Markham, 63.3% of the population are participating in the labour force, with almost 160,000 people employed. The unemployment rate in Markham currently sits at 7.3%, which is below the 8.1% national rate. The top five industries in Markham are FIRE (finance, insurance, and real estate), science and technology, retail, manufacturing, and healthcare and social assistance. The average total income for private households in Markham is $45,184, which is below the provincial and national averages of $47,915 and $47,487, respectively. The City of Markham is home to several large corporations such as IBM Canada Ltd., TD Financial Group, Johnson and Johnson Inc., Huawei Technologies Canada Co. LTD, and Aviva Canada.

Average Prices for Condos in Markham
Toronto Regional Real Estate Board statistics show that the average price of all types of homes, including new condominiums in Markham, is $1,259,516. The price is higher than the average cost for all types of homes in the GTA, which comes to $1,073,104. In 2021, the average selling price for condos in Markham is $679,373, and the average day on the market is 14 days. York Region condos sell on average for $656,648, which is lower than Markham condo prices. The average condo price in Markham is still lower than in the GTA, where it is $682,280. Markham condo prices are benchmarked at $673,700, a change of 11.13% from the previous year.
Accessibility and Transit
The York Region Transit (YRT) provides connections between all York region cities in Markham. Toronto Transit Commission (TTC), GO Transit, and Viva Transit also provide commuting services for all residents of the city. In Markham, the PRESTO card can be used to pay for all public transit fares, which allows for easy travel between all transit providers. The YRT provides numerous routes from Viva routes, local routes, school routes, and express routes. YRT also has mobility services to make travel accessible for all residents. Viva Transit’s Purple Line operates east and west of Markham, making 25 stops along Highway 7. The TTC runs five routes in Markham, including bus routes 102D (Markham Road), 68B (Warden), 17A (Birchmount), 160 (Bathurst North), and 129A (McCowan North). In Markham, GO Transit has two stations, Unionville GO and Langstaff GO, which residents can use to get to other parts of the GTA quickly. If you buy a new condo in Markham, you will have access to the many transit services that are available in the city, which will make travelling around the city and the Greater Toronto Area easy.


Neighbourhoods in Markham
Markham is a new and urban area with diverse and unique neighbourhoods. New condo developments in Markham can be found in the neighbourhoods of Unionville, Cathedraltown, Wismar, Greensborough, and Berczy Village. Unionville is a unique and charming neighbourhood located in the heart of Markham with many shopping opportunities, parks, schools, and other recreational facilities. Shoppers in Unionville have many options, including shopping plazas and shopping malls, such as CF Markville. Unionville’s location also allows for easy access to highways and public transit. Highway 7 runs through Unionville, where residents can easily access Highway 404 and use the purple line of Viva Transit to travel through the York Region and the GTA. Residents of Unionville can spend time outdoors in the neighbourhood’s many green spaces, including Toogood Pond Park and Austin Drive Park. Located north of Unionville is the family-friendly neighbourhood of Berczy Village, which has many opportunities for new condos in Markham. A large portion of the homes in the community are detached homes and townhomes, with a growing selection of newer developments. In the middle of the neighbourhood is Berczy Park North and South, where residents can use the picnic areas, sports facilities, and walking trails. In the northwest end of Markham is Cathedraltown, which is a master-planned community with a mix of homes from boutique townhomes to mid-rise condos. The neighbourhood of Cathedraltown lies directly east of Highway 404, which allows residents easy access to other highways in the 400-series. In the new neighbourhood of Wismer you’ll find safe roads, plenty of green space, and good schools. Wismer is comprised of medium-sized detached and semi-detached homes that have large front yards and backyards. There is a large green space in the center of the neighborhood where residents can access splash pads, soccer fields, tennis courts, and picnic areas. Greensborough is in the northeast end of Markham and offers a wide range of housing options, including low-rise condos, stacked townhomes, and detached homes. In Greensborough, residents have access to several shopping areas and to Main Street Markham, where they can visit local retailers and restaurants. These neighbourhoods are excellent places to look for a new condo development in Markham.