Condo Living in Markham
Markham condo residents enjoy living in one of the most vibrant cities of the GTA. Located northeast of Toronto, the city has a number of shopping malls, schools, colleges, recreational facilities, libraries, parks and more. The major shopping malls in Markham are the King Square Shopping Mall, Market Village, CF Markville, Pacific Mall, Langham Square and the First Markham Place. There are many shopping centres in the city that help residents to shop without travelling far. Check out new condos in Richmond Hill.
Dozens of top restaurants make eating a pleasure such as Old Country Inn, Inspire Restaurant, Joey Markville, Milestones Grill and Bar, Ambiyan, Peter’s Fine Dining, and more.
Markham also has Angus Glen Golf Club, Hilton Toronto/Markham Suites Conference Centre & Spa, York Downs Golf and Country Club, Toogood Pond Park, Bushwood Golf Club, Upper Unionville Golf Club, and more. Toronto Zoo is also at a short distance from Markham condos.
There’s Toronto Buttonville Municipal Airport on the west side of Markham, which makes domestic flying most convenient for the residents of Markham condos. Residents can access more premium facilities in the nearby Toronto.
Markham Real Estate Condo Prices
The real estate market in Markham is showing an impressive 21.9% quarterly rise in prices, as of April, 2020. On an average across all properties (including condos, townhomes and detached homes), the average selling price of Markham real estate is $1 million. Prices show a monthly rise of 4.6% and a yearly rise of 17.7%, as of April 2020.
Markham condo prices are also showing a steady increase in prices, except for 3-bedroom units, which shows a decrease of 14%.
- Average one-bedroom condo prices in Markham stand at $529,000, showing an increase of 19% from the previous year.
- Average two-bedroom condo prices in Markham is $594,000, revealing a rise of 5%.
- Average three-bedroom condo prices in Markham stand at $700,000, showing a decrease of 14%.
Also see Richmond Hill Condos real estate market.
Transit Options for Markham Condos
Markham condos have high accessibility, be it through the road network, railway or air. Major highways passing through Markham. Express Toll Route travels through the entire length of Markham and intersects Hwy 404 on the west side of the city.
Hwy 404 is another major highway that borders Markham on the west and goes down to meet the Ontario 401 Express. If you go straight on Hwy 404 towards the south, you reach Don Valley Pkwy that takes you directly to Toronto in about 30 minutes if you travel by car. Ontario 401 Express is also at a short distance from Markham, and Hwy 404 and Hwy 48 goes towards the northern neighbourhoods.
Toronto Buttonville Municipal Airport is located towards the west of the city. For train travel, there’s Markham GO train station on the Stouffville line located at 214 Main St, Markham. Short distance north is Mount Joy GO railway and bus station. There’s also the Unionville GO train and bus station north of Express Toll Route.
Further northeast is the Centennial GO train station on the Stouffville line. Those living in the southern neighbourhoods of Markham have easy access to Milliken train station. Excellent transportation system around Markham condos has made them a highly desirable location for homebuyers.