Priced out of Toronto’s real-estate market? Markham might be your way in!
Featuring plenty of transit access, entertainment options, awarded restaurants, and work and study opportunities, it is no wonder Toronto holds one of the hottest real estate markets in the country. But these conveniences come at a price, as it can be pretty pricey to get a home in the city.
However, there are plenty of options around for those who want to have convenience and be close to the city without breaking the bank.
According to King Realty Co.’s agent Claudia Cornaire, that’s exactly what makes Markham an attractive city for young families and first-time homebuyers.
“Markham is still considered more affordable than Toronto, and it’s incredibly well connected, so it’s close to Highway 407 [and] you have to GO Transit access that takes you right to downtown Toronto, so you’re paying less, but you’re not disconnected,” she told Now Toronto.
The city offers convenient access to local shops, restaurants, private and public schools, and more, while still keeping prices affordable, which is especially important for buyers trying to get into the market for the first time.
“Right now, under $500K in Markham, it’s mostly condos…So it is perfect for first-time homebuyers, or people that are just starting out their families.”
For those who are planning to dive into the Markham market, we’ve rounded up five properties under $500,000 to get you started.
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210–57 Upper Duke Crescent
Listed for: $499,990
Type: One bedroom plus den, two bathrooms apartment
Located in downtown Markham, this apartment offers convenience for residents, being steps away from local public transit, minutes to the highway, and near local shops and restaurants. The 735-Sqft. Space offers a practical open-concept layout, a spacious open balcony, a den that could serve as an additional single bedroom or office space, and an extra bathroom for even more convenience. For more on this property, visit the listing.
203–8110 Birchmount Rd.
Listed for: $498,800
Type: One bedroom plus den, two bathrooms apartment
Also for just under $500,000, this spacious 725-Sqft. condo in downtown Markham features wood flooring, brand new stainless steel appliances, and a functional layout with two bathrooms, a versatile den and a master bedroom with a custom coat closet. Residents can also enjoy a range of amenities including gym, theatre room, pet spa, rooftop terrace, car wash, and more. In addition, the location gets them close to grocery stores, York University Markham Campus, Unionville GO Station, and more. For more on the property, check out the listing.
313–101 Cathedral High Street
Listed for: $478,000
Type: One bedroom plus den apartment
Less than $500,000 can also get you a spot in the so-called most architecturally distinctive community in the country, Markham’s Cathedraltown. This building is located at an European-inspired boutique residence, designed with modernity and comfort in the neighbourhood, which is minutes away from fine dining, shopping, everyday amenities, and local shops. The unit features nine-ft. ceilings, premium kitchen cabinets, granite countertops, new appliances, and more. For more, check out the listing.
801–30 Clegg Rd.
Listed for: $499,000
Type: Two-bedroom, two-bathroom apartment
This 800-plus Sqft. unit features a large primary bedroom with a walk-in closet and another bedroom for some extra space, and promises a “perfect layout,” with an open-concept kitchen and living and brand new laminate floorings. This Unionville location puts residents close to grocery stores, high schools, transit stops, and the local mall. For more information, visit the listing.
261 Aldergrove Dr.
Listed for: $499,000
Type: Two-bedroom, two-bathroom townhouse
Those who are looking for a bit more space can consider this 900-plus Sqft. townhouse that offers a thoughtful design, high ceilings and generous living and family spaces, with two bedrooms and two bathrooms for more convenience. The property is located steps away from the Pacific Mall, TTC and GO stations, supermarkets, restaurants, and more. Sellers will also be hosting open houses for the property this Saturday and Sunday for those interested. Check out more at the listing’s page.
