MJL
Michael John Lau
REALTORĀ® Ā· Kaizen Real Estate Team
NM
Neeraj Moolchandani
REALTORĀ® Ā· Kaizen Real Estate Team
eXp ICON 2024 & 202575+ 5ā˜… ReviewsCall (647) 370-8885

The Short Answer

Markham is a city of about 338,500 people (2021 Census) in York Region, just north of Toronto. Residents value its family neighbourhoods, well-regarded schools, large community centres, Rouge National Urban Park and a rich food scene. In September 2026, the average Markham home sold for $1,125,353 and condo apartments averaged $574,612, according to TRREB. The 2026 residential tax rate is 0.722889%, lower than Toronto’s, and there is no municipal land transfer tax. Most households drive, though GO trains and Viva rapid buses serve key corridors.

Planning a move to Markham? Call the Kaizen Real Estate Team at (647) 370-8885.

~338,500
Population, 2021 Census
$1,125,353
Average home price, Sept 2026
0.722889%
2026 residential tax rate
5
GO stations in Markham

Markham at a Glance

Topic

Quick facts

Location

York Region, bordering Toronto at Steeles Avenue

Population

338,503 in the 2021 Census

Average home price

$1,125,353 in September 2026 (TRREB)

Property tax rate

0.722889% of assessed value in 2026

Land transfer tax

Ontario tax only; no municipal tax

Transit

GO Stouffville line, Viva rapid buses, York Region Transit

Highways

404, 407 (toll) and the Don Valley Parkway nearby

Michael John Lau, a REALTORĀ® with the Kaizen Real Estate Team, one of the most active real estate teams in Markham and York Region, has helped many newcomers settle in Markham and keeps this guide updated with the questions they ask most.

Questions About Living in Markham?

Every Markham neighbourhood has its own character. Call the Kaizen Real Estate Team at (647) 370-8885 and speak to a REALTORĀ® who works this market daily.

Neighbourhoods

Area

Character

Unionville

Heritage Main Street, Toogood Pond, mature family streets

Markham Village

Historic main street, GO station, Saturday farmers’ market in season

Downtown Markham and Markham Centre

Condos and townhomes along Highway 7, close to transit and York University’s Markham Campus

Cornell

Planned community with rear-lane homes and a large community centre

Berczy and Wismer

Family streets popular for schools

Angus Glen and Cachet

Larger detached homes, golf and estate pockets

Boxgrove

Newer detached homes beside Rouge National Urban Park

Thornhill and Milliken

Established areas near the Toronto border

For a deeper look at one family area, see living in Boxgrove.

Neeraj Moolchandani on Choosing a Neighbourhood

Neeraj Moolchandani, REALTORĀ® at Kaizen Real Estate, asks newcomers to list their three daily anchors: work or school, the place they shop most, and where they spend weekends. Mapping those three points narrows the search quickly.

Markham is large, and a home in the west end can mean a very different daily routine from one in the east. Starting with how you live, rather than a specific street, usually leads to a better fit.

Talk to Neeraj & the Kaizen Team

The Housing Market

TRREB’s September 2026 Market Watch reported 245 Markham sales at an average of $1,125,353 and a median of $1,051,000. Detached homes averaged $1,534,139, freehold townhouses $977,959 and condo apartments $574,612. With 4.1 months of inventory on a trend basis, Markham was in balanced territory, and homes sold for about 98% of list price on average.

For the latest numbers, see the September 2026 Markham market update.

Schools and Education

Markham is served by the York Region District School Board, the York Catholic District School Board and French-language boards. In the Fraser Institute’s November 2025 ranking of 747 Ontario secondary schools, St. Augustine Catholic High School tied for first and Pierre Elliott Trudeau High School ranked sixth. York University’s Markham Campus in Markham Centre adds post-secondary education close to home.

For a parent-friendly overview, see the best schools in Markham.

New to Markham?

The Kaizen Real Estate Team helps newcomers compare neighbourhoods, schools and commutes before they buy.

Getting Around

  • GO Transit: the Stouffville line serves Milliken (at the Toronto border), Unionville, Centennial, Markham and Mount Joy stations, with trains to Union Station.
  • Viva and York Region Transit: rapid buses along Highway 7 and local routes across the city.
  • Driving: Highway 404, Highway 407 (a toll road) and the Don Valley Parkway.
  • Future transit: the Yonge North Subway Extension is planned to serve the Bridge station area near the Markham and Richmond Hill border.

Most households own at least one car. Living near a GO station can make a one-car household realistic.

Parks, Recreation and Community

Markham’s green spaces include Rouge National Urban Park, Milne Dam Conservation Park, Toogood Pond and many neighbourhood trails. Community centres such as Cornell, Aaniin, Angus Glen and the Markham Pan Am Centre, built for the 2015 Pan Am Games, offer pools, arenas, libraries and programs for all ages.

For outdoor ideas, see walks and trails near Markham.

Health Care and Everyday Services

Markham Stouffville Hospital, part of Oak Valley Health, serves the city from its campus in the Cornell area, and walk-in clinics, family practices and specialists are spread across the city’s plazas. Newcomers should register with a family doctor as early as possible, since wait lists can be long. The Markham Public Library runs branches across the city, including inside several community centres, with programs for children, newcomers and seniors.

Food, Culture and Events

Markham is known for one of the GTA’s richest food scenes, especially Asian cuisine, from dim sum to bubble tea. The main streets of Unionville and Markham Village host festivals and seasonal markets, and the Markham Fair, one of Canada’s oldest country fairs, runs each fall. For what is on now, see October 2026 events in Markham.

The Cost of Living

  • Property tax: the City says the average Markham home, assessed at $822,671, pays about $5,947 in 2026.
  • Water: $5.3694 per cubic metre as of April 1, 2026.
  • Child care: Ontario’s licensed child care fees averaged about $19 a day in 2026, capped at $22.
  • Condo living: see what a Markham condo costs per month.

Pros and Cons of Living in Markham

Pros

Cons

More space for the price than central Toronto

Longer commute for many downtown jobs

Well-regarded schools and community centres

Most errands require a car

Lower tax rate and no municipal land transfer tax

Busy highways and arterial roads at rush hour

Rouge National Urban Park and trails

Fewer late-night options than downtown Toronto

Ultimately, the decision is yours. The goal is to make sure you have all the information before you make the move.

Next Steps

Work With Michael John Lau in Markham

Michael John Lau helps Markham buyers and sellers turn market numbers into a clear plan for their own situation. That means looking past city-wide averages to recent sales on your street, explaining the reasoning behind every recommendation, and making sure you have the information you need to decide with confidence.

šŸ“ž Contact Michael John Lau, REALTORĀ®
🌐 www.callmikelau.com
šŸ” www.livinginmarkham.ca
šŸ¢ www.kaizenrealestate.ca

This article is provided by the Kaizen Real Estate Team at eXp Realty, eXp Luxury (Michael John Lau, REALTORĀ®, and Neeraj Moolchandani, REALTORĀ®) for general information only. Michael John Lau is a licensed REALTORĀ® serving buyers and sellers in Markham, Ontario and the Greater Toronto Area. Population is from Statistics Canada’s 2021 Census. Prices and market figures are from TRREB’s September 2026 Market Watch. Tax and water figures are from the City of Markham 2026 Final Tax Brochure and Alectra Utilities. Child care figures are from published 2026 program information. School rankings are from the Fraser Institute’s November 2025 report, as reported by CP24. This article is general information, not legal, tax or financial advice. Kaizen Real Estate Team, eXp Realty, eXp Luxury. Licence #4784577. 9763 Markham Rd, Markham, ON L6E 1A4. Call (647) 370-8885. Not intended to solicit clients currently under contract with another brokerage.

Frequently Asked Questions

Is Markham a good place to live?

Many residents value its family neighbourhoods, schools, community centres, parks and food scene. The main trade-offs are commuting and relying on a car for most errands.

What is the population of Markham?

Markham had 338,503 residents in the 2021 Census.

How much does a home cost in Markham?

TRREB reported an average Markham price of $1,125,353 in September 2026. Detached homes averaged $1,534,139 and condo apartments $574,612.

What is the property tax rate in Markham?

Markham’s 2026 total residential tax rate is 0.722889% of assessed value. The City says the average home pays about $5,947 a year.

How do you get from Markham to downtown Toronto?

Many commuters use the GO Transit Stouffville line to Union Station, while others drive via Highway 404, Highway 407 or the Don Valley Parkway.

What are the best neighbourhoods in Markham?

It depends on your priorities. Unionville and Markham Village offer heritage charm, Cornell and Boxgrove newer family homes, and Downtown Markham condo living near transit.

Still have a question? Call the Kaizen Real Estate Team at (647) 370-8885.

Make Your Next Move With Clear Information.

Book a consultation with the Kaizen Real Estate Team, or call for a quick answer to your question.

Michael John Lau, REALTORĀ® & Neeraj Moolchandani, REALTORĀ®
Kaizen Real Estate Team Ā· eXp Realty, eXp Luxury
9763 Markham Rd, Markham, ON L6E 1A4 Ā· (647) 370-8885

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