York RegionBalanced Market

Markham — Canada's most diverse tech city with top-ranked schools

Markham is the fourth-largest city in the GTA with a population of 338,503 (Stats Canada 2021) and is widely recognized as one of Canada's most diverse cities, with residents from 65+ cultures speaking over 180 languages and a large Chinese-Canadian population centred around Pacific Mall. Markham hosts over 1,000 high-tech companies including IBM Canada, AMD, Honeywell, and Huawei Canada, creating a knowledge-economy employment base that underpins consistent real estate demand. Top-ranked York Region schools and Highway 404 access make Markham a top choice for families.

Updated recentlyYork Region, OntarioLive market data

Market statistics for Markham

Average price

$1,150,000

-3.5% YoY

Sales volume

—

Days on market

22 days

Sale-to-list ratio

—

Market Insight · 2025

Markham's market is supported by a uniquely strong tech employment base and a culturally motivated buying demographic. Premium neighbourhoods like Unionville Village and Angus Glen hold well above $1.5M. Newer communities in Cornell and Berczy attract move-up buyers drawn by school reputation.

Why buyers choose Markham

  • ✓Population 338,503 — one of Canada's most culturally diverse cities (65+ cultures)
  • ✓1,000+ high-tech companies including IBM Canada, AMD, Honeywell
  • ✓Unionville Main Street — heritage Ontario village with boutiques and dining
  • ✓Highway 404 and 407 ETR connectivity; YRT/Viva bus rapid transit on Hwy 7
  • ✓Markham Civic Centre, Angus Glen Golf Club, and Toogood Pond Park
  • ✓York Region DSB with multiple top-10 provincial schools

Transit & Commute

Markham is served by York Region Transit (YRT) and Viva rapid bus on Hwy 7 and 16th Ave. Highway 404 connects south to the Don Valley Parkway. The 407 ETR spans Markham east-west. Metrolinx's GO expansion includes planned service improvements for York Region.

Schools

York Region District School Board includes Unionville High School (IB programme), Pierre Elliott Trudeau High School, and Markham District High School — all consistently ranked in Ontario's top tier. The private and Montessori school sector is strong.

Neighbourhoods in Markham

Unionville

$1.3M–$2.5M+

Heritage Ontario village with a preserved Main Street of boutiques and restaurants set against Toogood Pond. Highly desirable for village character, top schools (Unionville HS with IB), and established luxury homes.

Best for: Luxury families, heritage lovers, school-focused buyers

Angus Glen

$1.4M–$3M

Prestigious northeast Markham community built around Angus Glen Golf Club. Larger detacheds and estate lots, walk to club amenities, and top-ranked schools.

Best for: Golf lifestyle, luxury families

Cornell

$950K–$1.4M

Master-planned east Markham community inspired by New Urbanist design principles. Walkable streets, mixed uses, and the Cornell Community Centre. Growing with newer builds.

Best for: Families, new construction seekers

Berczy

$1.0M–$1.5M

Family-oriented community with newer construction, excellent YRDSB schools (Pierre Elliott Trudeau HS), parks, and convenient access to Hwy 404 and 407.

Best for: Families, move-up buyers

Milliken Mills

$850K–$1.2M

Established east Markham community with a large Chinese-Canadian population, Pacific Mall nearby, diverse dining, and well-maintained older housing stock.

Best for: Multicultural buyers, investors, upsizers

Lifestyle in Markham

Markham offers extraordinary diversity: historic Unionville Main Street festivals, Pacific Mall's Asian shopping hub, Angus Glen Golf Club, the Markham Civic Centre arts district, and vast greenspace along the Rouge River corridor.

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Frequently asked questions about Markham real estate

Is Markham good for real estate investment?
Markham has a track record of strong appreciation supported by tech sector employment, top-ranked schools, and ongoing migration from Toronto. It's particularly favoured by buyers in the Chinese-Canadian community and tech professionals.
What is the best neighbourhood in Markham to buy a home?
Unionville is Markham's most prestigious address for its heritage village character and Unionville High School (IB programme). Angus Glen suits golf lifestyle buyers. Cornell and Berczy are strong family choices for newer construction.
How do I commute from Markham to downtown Toronto?
Most Markham residents drive via Highway 404 south to the DVP, with downtown commutes of 30–50 minutes depending on traffic. YRT Viva bus connects to Don Mills/Sheppard subway.

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