Currently home to over 10,400 employees, one of the condos for sale in Markham is an uncrowned opportunity for the best live-work balance. The location has IBM, Hyundai, General Motors, Toshiba, GE Energy, and Lenovo as the most prominent employers. Condos for sale in Markham might mean you don’t have to suffer super long commutes just to reach your workplace.

If you choose one of the condos for sale in Markham to be your lifelong destination to settle down, let us tell you that Markham is 30.8% less expensive than New York.

Condos for Sale in Markham: Market Growth

In addition to these factors, the condos for sale in Markham market has also been positively impacted by government policies. The Canadian government has implemented several policies aimed at making homeownership more accessible, such as the First-Time Home Buyer Incentive and the Mortgage Stress Test. These policies have made it easier for first-time buyers to buy any of the condos for sale in Markham, which has increased demand for condos in Markham.

Overall, the condos for sale in Markham can be attributed to a combination of factors, including population growth, a shift in consumer preferences, the rise of remote work, the city’s strong economy, and government policies aimed at making homeownership more accessible. As the city continues to grow and evolve, it is likely that the demand for condos will continue to increase, making it an attractive investment opportunity for those looking to enter the real estate market.

Why Should You Invest In Condos for Sale in Markham?

Markham is one of the few cities blessed with luscious greenery. The city boasts natural spaces that the residents enjoy a lot. Toogood pond park, which is 81 acres of sprawling trail, is the perfect place for your next leisurely nature visit. Markham flaunts some of the best golf courses. Angus Glen and Remington Parkview Golf clubs are one of the most visited places in Markham. Markham has everything for everyone. The variety of recreational opportunities for the residents makes this city one of a kind.

If a historic neighborhood is your thing, then condos for sale in Markham is the best place to settle down. The charming city offers a galore of museums and historic buildings. Unionville, an area that dates back over 200 years, has the original storefronts restored as restaurants, boutiques, and galleries. 

The city celebrates Doors Open Markham every September making it a melting pot of culture.

About Markham New Condos Market

The Markham condo market has been experiencing a steady increase in demand and prices in recent years. Several factors contribute to this trend, ranging from population growth to a shift in consumer preferences.

One of the primary drivers of the Markham condo market’s growth is the city’s population growth. According to Statistics Canada, Markham’s population has been steadily increasing over the past decade. This population growth has led to an increase in demand for housing, particularly affordable housing options such as new condo Markham.

Why Should You Look At Pre-Construction Condos In Markham?

Another factor contributing to the growth of the Markham condo market is a shift in consumer preferences. Many people are choosing to live in new condos in Markham rather than traditional single-family homes. This shift is due to several reasons, including the lower cost of ownership, the ability to live in a central location, and the convenience of having amenities such as gyms and pools on-site.

Markham’s cultural diversity is also a significant advantage. With over 70 different cultures represented in the city, children have the opportunity to learn about and experience a wide range of traditions and customs. This exposure to diverse perspectives fosters empathy, understanding, and acceptance.

Finally, Markham’s proximity to Toronto offers even more opportunities, from world-class museums and galleries to professional sports teams and concerts.

Overall, Markham is an excellent choice for families with children, offering high-quality education, ample recreational opportunities, a commitment to sustainability, cultural diversity, and access to a vibrant city center.