New Condos in Markham

Welcome to Markham, the Silicon Valley of the North. Markham is considered to be the country’s High-Tech Capital, with many industry leading companies and Fortune 500 businesses calling the city home. With so many valuable job opportunities available within the city, it is easy to see why Markham’s population has increased by 17.4% from 2011-2016, with a current population of 353,000. The population is projected to balloon to 535,000 by 2041; that is an increase of 51.6% over 25 years. Markham is the largest of the nine municipalities that make up York region and is accessible to Toronto via Highway 404, Highway 7, and Highway 407. York Region Transit and Viva Transit connect residents to the TTC and other parts of the GTA. Markham is also home to a GO Transit station, allowing residents a seamless commute. The average cost of a pre-construction condo in Markham in 2017 was $449,900, a 20% increase over 2016. There are plenty of condo developments underway in the city, many being built in the downtown core and expanding out as far as the Highway 7 border. Seneca College has a Markham campus, offering programs to over 17,000 full-time students and York University has invested $252 million for their new campus. Students will need housing during the school year and that is a great opportunity for investors to purchase real estate and rent. Markham has plenty of gorgeous parks to enjoy, including 22 kilometers of scenic pathways to explore and its Main Street is like taking a step back in time, full of quaint little shops and cafes to discover. Making it the perfect place to live, work, and play. Search and compare Markham condos or contact a CondoNow certified expert today!