Established detached and semi-detached subdivisions, historic Unionville, the newer high-density Downtown Markham, and a growing condo and townhouse supply.
- Technology professionals
- Families prioritising schools
- Buyers wanting to live near where they work
Markham has something most 905 municipalities do not: a large employment base of its own. A substantial technology and corporate cluster means a meaningful share of residents work in Markham rather than commuting downtown, which supports demand independently of what is happening on Bay Street.
It is also a schools market. Demand in specific catchments is persistent and it shows up in both price and speed — Markham consistently turns over faster than its neighbours at a similar price point.
Unionville gives it a genuine historic main street, and Downtown Markham has added density and newer condo and townhouse supply near the employment cluster.
The Markham market — August 2026
All 24 monthly reports →4.1 months of supply — a buyer's market. Figures from the Toronto Regional Real Estate Board.
Financing a home in Markham
The tech employment base makes stock compensation a recurring feature of applications here, and it is the part lenders are most conservative about — RSUs and options are frequently excluded or heavily discounted, so a household that feels well-paid can qualify for less than expected. Sort out which parts of your compensation are usable before you set a budget. Markham also moves quickly enough that a real pre-approval matters: a short financing condition is only a considered risk if your file is already underwritten.
Ask me about MarkhamQuestions about Markham
What kind of homes are in Markham?
Established detached and semi-detached subdivisions, historic Unionville, the newer high-density Downtown Markham, and a growing condo and townhouse supply.
Who does Markham suit?
Markham tends to suit technology professionals, families prioritising schools, buyers wanting to live near where they work. A major technology employment centre with its own downtown, some of the strongest schools in the region, and a tight, fast-moving market.
Is there anything unusual about getting a mortgage in Markham?
The tech employment base makes stock compensation a recurring feature of applications here, and it is the part lenders are most conservative about — RSUs and options are frequently excluded or heavily discounted, so a household that feels well-paid can qualify for less than expected. Sort out which parts of your compensation are usable before you set a budget. Markham also moves quickly enough that a real pre-approval matters: a short financing condition is only a considered risk if your file is already underwritten.