Canada’s high-tech capital is the city of Markham. This is the largest of nine communities in the York Region, and the 16th-largest municipality in Canada. With a population of over 353,000 and a land area of 212 square kilometres, Markham is a vibrant city with several cultural sights, recreational facilities, parks and heritage sights.
Fast Sales Throughout the City
According to the Toronto Regional Real Estate Board, the average price of a home in Markham was $1,265,937 as of January. Homes in Markham are selling eight days faster than the Toronto Region average! The city had 290 new listings and 146 sales in January, taking 33 days on average to sell.
Many subdivisions of Markham sell faster than the city’s average, though! Some towns only took an average of 11 days to sell in Q4 of last year, including homes within Middlefield and Berczy. The fastest-selling spots were Thornlea and Vinegar Hill, where homes only spent an average of seven days on the market! The top-selling spot was Unionville with 99 sales.
Properties in Markham
The average price for single-family homes in Markham was $1,656,706 in January 2023, compared to $1,785,083 in December 2022, trending down by 7.19% month-over-month.
The average price of condo apartments in Markham was $674,368 in January 2023, compared to $644,070 in December 2022, trending up by 4.7% month-over-month.
The average price of condo townhouses in Markham was $1,221,056 in January 2023, compared to $1,175,366 in December 2022, an increase of 3.8% month-over-month.
Homes Currently Available in Markham
58 Innisvale Drive, $1,288,000
Property details:
- Detached
- 3 beds, 4 baths, 3 parking
- Walking score 15/Transit score 36
This gorgeous contemporary home is located in the streets of upper Cornell. The open concept plan is accentuated by the natural light, illuminating the recently upgraded kitchen. The finished basement also has a unique design, with plenty of room for different purposes.
20 Mill St, $1,108,000
Property details:
- Semi-detached
- 3 beds, 3 baths, 5 parking
- Walking score 49/Transit score 52
Welcome to this stunning semi-detached home in old Markham! It has hardwood floors on the main and second floors and three large bedrooms. The finished basement features a wet bar and a large recreation area with extra space for a fourth room or office space. The kitchen and dining area have large sliding doors so you can enjoy the backyard deck. On the other side of the eating area, the living room features a window wall to bring maximum light!
127 – 322 John Street, $748,800
Property Details:
- Condo townhouse
- 2 beds, 3 baths, 1 parking
- Walking score 28/Transit score 40
This cozy little townhouse in Thornhill Village is a perfect opportunity to get into the market. The stacked townhome has two bedrooms on the second floor, with the living room leading right into the kitchen. The terrace outside is a perfect little space to gather some friends in the evenings during the summer.
Why Markham?
Among Markham’s attractions is the Markham Museum, one of the greatest museums in the Greater Toronto Area (GTA). Additionally, the FLATO Markham Theatre hosts outstanding musical and dramatic performances. Varley Art Gallery also features a substantial collection of paintings by renowned Canadian Group of Seven artist F. V. Varley on view. Milne Dam Conservation Park on the Rouge River is one of Markham’s natural treasure parks and is a haven for a variety of animals and plants.
Markham is unlike any other city because it blends the old with the new. The city’s historic districts are quite charming and definitely worth exploring. Unionville, which has a more than 200-year history, is undoubtedly the finest tourist destination. It is a beautiful area with spectacular homes, first-rate restaurants, and fantastic stores. Wandering around Markham Village is enjoyable, especially along Main Street, where old houses have been transformed into neighbourhood stores and eateries.
If you’re interested in a move to Markham you can contact us to speak to one of our agents who will guide you through the process and answer any questions you might have. You can also Sign up for our newsletter to get market updates sent directly to your inbox.
