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Markham Real Estate & Homes for Sale


Markham is a city located in the Municipality of York, Ontario, Canada. The city is situated nearly 30 km northeast of Downtown Toronto. The city covers an area of 212.4 km², and it is on an elevation of 200 m.

Population
300000

Area
82 km²

QOL Rank

New construction
0

Active listings
489

Rental listings
509

Markham Real Estate Trends and Information

Demographics

The overall population of Markham reached 328,966 in 2016 from 301,709 in 2011 compared to 2011, the city experienced a population growth rate of 9.0%. As a result, the population density of Markham is 1,549.2 per square kilometre.

AGE: The median age of the residents is 41.1 years, whereas the average age is 40.2 years. The largest age group in this city is that of working-class, i.e. 68.0%. The youngest age group makes the second largest age group accounting for 16.8% of the total population. Only 60 people in Markham were above the age of 100 years.

Homes For Sale in Markham

Dwellings in Markham are of various types based on their structure. including apartments, rowhouses, detached houses and semi-detached houses:

  • Total Dwellings: 102,675
  • Single Detached Houses: 60,890
  • Apartments: 13,755
  • Other Attached Dwellings: 28,025
  • Semi Detached Houses: 6,515
  • Townhouses: 13,970
  • Apartments Duplex: 5,875
  • Other Apartments: 1,655
  • Other Single Attached Houses: 10
  • Movable Dwelling: 5

People living in private households were 327,400.

The average household size was 3.2.

Markham Housing Market

Average price of all property types in Markham: $1,028,155

Average price of condos in Markham: $604,795

  • Average price of 1-bedroom condos in Markham: $533,819
  • Average price of 2-bedroom condos in Markham: $712,229
  • Average price of 3-bedroom condos in Markham: $701,538

Average price of Condos in Markham: $875,088

  • Average price of 2-bedroom Condo Townhouses in Markham: $713,355
  • Average price of 3-bedroom Condo Townhouses in Markham: $899,204
  • Average price of 4-bedroom Condo Townhouses in Markham: $1,045,903

Average price of Freehold Townhouses in Markham: $1,140,782

  • Average price of 2-bedroom Freehold Townhouses in Markham: $1,140,782
  • Average price of 3-bedroom Freehold Townhouses in Markham: $1,118,164
  • Average price of 4-bedroom Freehold Townhouses in Markham: $1,268,022

Average price of Detached homes in Markham: $1,486,347

  • Average price of 2-bedroom Detached homes in Markham: $1,240,714
  • Average price of 3-bedroom Detached homes in Markham: $1,199,590
  • Average price of 4-bedroom Detached homes in Markham: $1,583,015
  • Average price of 5-bedroom Detached homes in Markham: $2,085,730

Rentals

  • Currently, the average rent for a 1-bedroom apartment in Markham, ON, is $1850. This indicates a 5 % increase as compared to the previous year.
  • Currently, the average rent for a 2-bedroom apartment in Markham, ON, is $2,137. This indicates a 7% increase as compared to the previous year.

Education

School education in Markham is managed by four school boards which include:

  • York Region District School Board - (Secular English Schools)
  • York Catholic District School Board - (English Catholic schools)
  • Conseil scolaire Viamonde - (secular French schools)
  • Conseil scolaire catholique MonAvenir - (Catholic French schools)

The city also has some efficient post-secondary institutions. Seneca College is one of the most recognized names in the city. The college offers various courses in business, marketing and tourism.

Employment

Markham is also known as Canada's Hi-Tech Capital because of many tech companies like IBM, Motorola, Toshiba, Lucent, Honeywell, Apple, Genesis Microchip. There are over 1100 life science and technology companies in the city, employing one-fifth of the total workforce of Markham.

Recreation

  • Markham Museum: Markham Museum is an open-air museum that tells about the city's history and growth. The museum is composed of 30 buildings and displays artifacts between the period 1968 and 2009. The museum also has lovely gardens.
  • Joyride 150: Joypride 150 is an indoor bike park that features ramps, skinnies and lines and an 800m mountain bike trail. This park opens seven days a week, and the park remains open until 10 pm.
  • Toogood Pond Park: Toogood Park is a beautifully landscaped city park with a special pond well known for Canadian Geese. This park stretches over an area of the 33.3-hectare park and contains a 0.7-mile long trail for hiking purposes.
  • Markham GO Station: Built-in 1871, Markham GO Station is the city's oldest railway station. This station was designed in classic Canadian Railway Style and included the Vernacular-Carpenter Gothic style of architecture.
  • Golf courses: The city has nine golf courses, of which four are private, and the remaining are public. The most prestigious one in the city is The York Downs Golf & Country Club, a member's only club with a complete dress code. Some other golf courses in the city are Bayview Country Club, Angus Glen Golf Club, Remington Parkview Golf Club and Markham Green Golf Club.

Safety Rate

Markham is the second safest city in Canada after Quebec. It has a crime rate of 22.22, whereas the safety index of the town is relatively high, i.e. 77.78. In addition, the total crime rate in the city is 32% lower than the national average.

FAQs (Markham Real Estate)

  • Q1 What is the average rent for a 1-bedroom apartment in Markham, ON ?

The average rent for a 1-bedroom apartment in MARKHAM, ON is $1850.

  • Q2 What is the average rent for a 2-bedroom apartment in Markham, ON ?

The average rent for a 2-bedroom apartment in Markham, ON, is $2137.

  • Q3 What is the average price of Detached homes in Markham, ON ?

The average price of detached homes in Markham, ON, is $1,486,347.

  • Q4 What is the average price of condos in Markham, ON ?

The average price of condos in Markham, ON, is $875,088.

  • Q5 What is the average price of 3-bedroom Detached homes in Markham, ON ?

The average price of 3-bedroom detached homes in Markham, ON, is $1,199,590.

Frequently Asked Questions (FAQs)

Below you will find answers to the most commonly asked questions about Markham


*Accuracy of information
While the Information is considered to be true and correct at the date of publication, changes in circumstances after the time of publication may impact on the accuracy of the Information. The Information may change without notice and Guglu Homes Inc. is not in any way liable for the accuracy of any information printed and stored or in any way interpreted and used by a user.
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