2026 New Construction Guide · Markham, Ontario

New Construction Homes in Markham, Ontario

60+ active pre-construction communities across five growth corridors — from $452,900 boutique condos in Markham Village to $2.46M estate towns in Angus Glen. Buyer representation costs nothing; the builder sets the commission aside either way.

60+
Active Pre-Con Projects
5
Growth Corridors
$0
Cost for Buyer Representation
Tarion
Warranty on Every New Home
Quick Answer · Updated June 2026

What Should Markham Buyers Know About New Construction in 2026?

Markham's new construction market enters mid-2026 with more than 60 active pre-construction communities spanning condominiums, townhomes, and detached estates, with prices running from the low $450,000s in Markham Village to over $2.4 million in Angus Glen. Bringing your own buyer's agent to a builder's sales centre costs nothing, the commission is set aside for a buyer's agent regardless of whether you have one, but representation means someone is negotiating deposit structure, development charge caps, and upgrade pricing on your behalf instead of the builder's. With the Bank of Canada holding its policy rate at 2.25% (prime 4.45%) through its June 10, 2026 decision, builders across Markham's five growth corridors are leaning on incentives — capped levies, free assignment, and extended deposit schedules — rather than headline price cuts, to keep buyers moving. Michael John Lau and Neeraj Moolchandani with Kaizen Real Estate track every active community across Downtown Markham's supertowers, Cornell's family-sized towns, and Angus Glen's estate enclaves, and can match your budget, corridor, and timeline to the right development before you ever register at a sales centre.

Key Takeaways

  • 60+ active pre-construction developments are underway across Markham in 2026, priced from $452,900 (46 on Main, Markham Village) to $2.46M (Angus Glen South Village).
  • Five distinct growth corridors, each with its own product mix, price point, and buyer profile.
  • Independent buyer representation is free. Register your agent before your first visit to any sales centre to protect your right to representation.
  • 2026 builder incentives lean toward capped development charges, free assignment, and extended deposit schedules rather than base price reductions.
  • Every newly built home in Markham is protected under Ontario's Tarion New Home Warranty Program.
  • Completion timelines run roughly 18–36 months for low-rise communities; most active Downtown Markham condo towers are tracking toward 2027–2028 occupancy.
  • Markham's pre-construction condo average sits near $1,035 per square foot, against a projected population of 535,000+ by 2041 and a rental vacancy rate near 1–2%.
The Most Important Thing First

Why Do You Need Your Own Agent?

The representative in a builder's sales centre works for the builder, not for you. Their job is to protect the developer's margins, contract terms, and lot premiums — not to negotiate on your behalf. Bringing your own buyer's agent costs nothing extra, because the commission is allocated to a buyer's agent whether or not you show up with one.

Going In Without Your Own Agent

The sales representative works for the builder — protecting margins, not your interests.

No one negotiates lot premiums, upgrade pricing, or development charge caps on your behalf.

Builder contracts are written by builder lawyers and are rarely negotiable in structure — but often negotiable in economics, with the right advocate.

Deposit structure issues, occupancy delays, and PDI deficiencies have no advocate working for you.

You pay the same price either way — the builder simply keeps the commission.

Michael John Lau & Neeraj Moolchandani

Representation is free — the builder allocates the buyer's agent commission regardless.

Negotiate deposit structure, development charge caps, upgrade credits, and assignment terms.

Review the purchase agreement for unfavourable clauses before you sign anything.

Coordinate your Agreement of Purchase and Sale timeline against financing and closing dates.

Attend Tarion pre-delivery inspections and walkthroughs on your behalf.

Critical — register your agent on day one. Most Markham builders require your buyer's agent to accompany you, or be named, on your first visit to a sales centre to register as your representative. Walk in unrepresented and try to add an agent afterward, and many builders will not honour the registration. A short call before you visit any model suite or sales office protects your representation for the entire transaction.

Markham's New Construction Map

Where Are the Best New Construction Corridors?

Markham's new construction market is organized around five distinct growth corridors, each with its own price point, product mix, and buyer profile — from transit-anchored high-rise towers to estate-sized detached homes.

Glass condo tower exterior, Toronto-area skyline High-Rise Condo

Downtown Markham & Unionville

Best for: commuters, investors, students

Markham's most active condo corridor sits within the Remington Group's 243-acre Downtown Markham master plan and Metropia's 12-acre UnionCity site, both anchored by the Unionville GO Station and adjacent to the York University Markham Campus. This is where the city's tallest towers — including 40- and 45-storey supertowers — are rising, with starting prices generally between $586,900 and $1,225,800 depending on tower and unit size.

Active developments: UnionCity · Gallery Towers · Pangea Condos · The Unionville
Historic storefronts on a small-town main street Boutique Heritage

Markham Village

Best for: first-time buyers, downsizers

Markham's historic Main Street corridor offers the most affordable new construction entry point in the city — low-rise, boutique buildings steps from heritage shops, cafés, and the Tannery Pond trail, rather than master-planned towers. This is the corridor for buyers who want character and walkability over scale.

Active development: 46 on Main
Modern townhomes exterior along a residential street Family Townhomes

Cornell & Box Grove

Best for: growing families, Mount Joy GO commuters

Cornell is one of Markham's most established new-home neighbourhoods, built around the Cornell Community Centre and bordering the Rouge National Urban Park. Traditional and back-to-back townhome releases here are staged in phases with multi-stage deposit structures, generally priced from the high $800,000s to the low $1 millions.

Active developments: Townhomes of Little Rouge (Camcos Living) · Terrace Park Towns
Lush green golf course under a blue sky Luxury Estate

Angus Glen

Best for: move-up buyers, golf & wellness lifestyle

Markham's premier master-planned community sits beside the Angus Glen Golf Club and York Downs Country Club, a short drive from Unionville's Main Street. South Village's current phases offer towns, semis, and detached homes from 2,050 to 6,010 square feet, with current releases priced from roughly $2.13M to $2.46M.

Active development: Angus Glen South Village (Kylemore Communities)
Modern low-rise home exterior with green lawn Low-Rise Family

Berczy, Wismer & Victoria Square

Best for: school-catchment families, north Markham buyers

Markham's established and emerging north-end corridor combines mature low-rise neighbourhoods with park networks and strong school catchments (Berczy and Wismer) alongside newer master-planned releases near Elgin Mills Road and Woodbine Avenue in Victoria Square, where Mattamy Homes' Springwater community is delivering modern towns and detached homes.

Active development: Springwater (Mattamy Homes)
Now Selling · 2026

Which Developments Are Active in Markham Right Now?

Markham has dozens of active pre-construction communities in 2026. The developments below represent the corridor-defining projects buyers ask about most — from Camcos Living's ravine-side towns at Little Rouge to Metropia's city-within-a-city at UnionCity.

Selling

Townhomes of Little Rouge

Developer: Camcos LivingDonald Cousens Pkwy & Ninth Line, Cornell

147 traditional and back-to-back townhomes backing directly onto the Rouge National Urban Park, six minutes from the Mount Joy GO Station and steps from the Cornell Community Centre. Homes feature dual-zone climate control, panelized construction, and rough-in EV charger conduit. A standout choice for buyers who want a ravine setting without leaving Markham.

$849,990Starting From
2026Move-In
Multi-Phase

UnionCity

Developer: Metropia Urban Design15 University Blvd., Downtown Markham

A 12-acre, four-tower master community in the heart of Downtown Markham with roughly 1,350–1,400 total units, hotel-inspired amenities, and a 50,000-sq.-ft. sixth-floor podium terrace. Tower 3 sold 325 units in its first five days. Current incentives include capped development charges at $9,999 per suite and an extended 10% deposit structure.

$586,900Starting From
2027–2028Occupancy
Selling

Gallery Towers

Developer: The Remington Group190 Enterprise Blvd., Downtown Markham

An art-inspired, 38-storey twin-tower community of 552 units within the Remington Group's 243-acre Downtown Markham master plan, built to LEED Silver certification and steps from the Unionville GO Station, Whole Foods, and the York University Markham Campus.

High $600,000sStarting From
Now SellingStatus
Selling

Pangea Condos

Developer: Times Group Corporation3825 Hwy 7 East, Unionville / Uptown Markham

The fifth and final phase of the 88-acre Uptown Markham master plan, with twin towers (40 and 45 storeys) totalling 811 units, built to LEED Gold standards. Located beside the Rouge Valley Trail and a short drive from CF Markville and the Markham Pan Am Centre.

$637,000Starting From
Spring/Summer 2028Occupancy
Selling

46 on Main

Developer: Eringate Homes & Pearl Valley Homes46 Main St. N., Markham Village

A boutique five-storey, 61-unit building steps from historic Main Street Markham, with units from 326 to 1,187 sq. ft. The most affordable new-construction entry point in the city, with standard finishes — 10-ft. ground- and fifth-floor ceilings, quartz counters, stainless appliances — rather than inflated upgrade pricing.

$452,900Starting From
March 2026Occupancy
Selling

Angus Glen South Village

Developer: Kylemore Communities16th Ave. & Kennedy Rd., Angus Glen

The latest phase of Markham's premier golf-adjacent master community, offering towns, semis, and detached homes from 2,050 to 6,010 sq. ft. on a 7.5-hectare site beside the Angus Glen Golf Club. Includes a complimentary three-year Angus Glen Golf Club membership package.

$2,130,000Starting From
2026Move-In
Side-by-Side

How Do Markham's Active Communities Compare?

The table below compares corridor, product type, and price range across Markham's most-asked-about active developments. Pricing and availability change frequently — confirm current figures before registering.

DevelopmentCorridorProduct TypePrice RangeEst. Occupancy
46 on MainMarkham VillageBoutique Condo$452,900+March 2026
UnionCityDowntown MarkhamHigh-Rise Condo$586,900 – $1,159,9002027 – 2028
Gallery TowersDowntown MarkhamHigh-Rise Condo + TownsHigh $600,000s+TBD
Pangea CondosUnionville / UptownHigh-Rise Condo$637,000 – $1,225,800Spring/Summer 2028
Townhomes of Little RougeCornellTraditional & B2B Towns$849,990 – $1,144,9902026
Angus Glen South VillageAngus GlenTowns, Semis & Detached$2,130,000 – $2,460,0002026

Pricing, unit counts, occupancy dates, and incentive structures are subject to change without notice and should be independently verified with the developer or sales representative before any purchase decision.

Money Matters · 2026

What Incentives and Financing Conditions Apply in 2026?

Markham builders in 2026 are leaning on structural incentives — capped levies, free assignment, and extended deposit schedules — rather than base price cuts, while the Bank of Canada's rate hold keeps borrowing costs steady for now.

2.25%BoC Policy Rate

The Bank of Canada held its policy rate at 2.25% (prime rate 4.45%) at its June 10, 2026 announcement — its fifth consecutive hold this year. The next scheduled announcement is July 15, 2026. A stable rate environment gives pre-construction buyers more predictability when budgeting deposit stages spread out over months or years, though buyers should still confirm financing pre-approval before signing any Agreement of Purchase and Sale.

Capped Development Charges

Several active Markham communities, including UnionCity and Pangea Condos, are capping development charges and municipal levies at a fixed dollar figure per suite — protecting buyers from the levy increases that can otherwise be passed through at closing.

Free Assignment

Many condo developments now permit assignment — selling your purchase agreement to a new buyer before closing — without the assignment fee builders have historically charged, giving investors more flexibility before occupancy.

Extended Deposit Schedules

Townhome and detached releases such as Little Rouge stage deposits across five or six installments over many months, easing the cash-flow burden compared to older, front-loaded deposit structures.

Parking & Locker Caps

Several Downtown Markham and Uptown condo developments are capping parking and locker pricing rather than allowing it to float with demand, a meaningful saving on towers where parking can otherwise add tens of thousands of dollars.

Step by Step

How Does the Buying Process Work?

Buying pre-construction is fundamentally different from buying resale. Here is how the process unfolds from first inquiry to closing day.

01

Get Pre-Approved Before You Visit Any Sales Centre

Mortgage pre-approval gives you an accurate purchase ceiling based on your income, down payment, and the mortgage stress test, and signals to builders that you are a serious buyer before negotiations even begin.

02

Register Your Agent First

Contact Michael John Lau or Neeraj Moolchandani before booking any sales centre appointment. Most builders require agent registration on your very first visit — walk in unrepresented, and you may permanently lose the right to add representation later.

03

Match Corridor to Lifestyle and Commute

Choose your corridor based on commute, school catchment, and product type — a high-rise suite in Downtown Markham suits a different buyer than a detached estate home in Angus Glen or a family townhome in Cornell.

04

Review the Agreement of Purchase and the Deposit Structure

Pre-construction deposits are staged over months or years rather than paid in full at closing. Your agent reviews assignment clauses, development charge caps, and occupancy fee terms before you sign anything — and a qualified Ontario real estate lawyer should review the agreement as well.

05

Tarion Warranty, Pre-Delivery Inspection, and Closing

Every newly built Markham home is covered under Ontario's Tarion New Home Warranty Program. Your pre-delivery inspection (PDI) is your opportunity to document deficiencies before taking possession — your agent can attend this walkthrough with you.

Common Questions

New Construction in Markham — Frequently Asked Questions

What new construction homes are available in Markham right now?
Markham has more than 60 active pre-construction projects in 2026, spanning condominiums, townhomes, and detached homes. Active developments include UnionCity, Gallery Towers, and Pangea Condos in the Downtown Markham/Unionville condo corridor, 46 on Main in historic Markham Village, Townhomes of Little Rouge in Cornell, Angus Glen South Village's luxury towns and detached homes, and Springwater near Victoria Square. Prices range from roughly $452,900 to over $2.4 million depending on corridor and product type.
How much do new construction homes cost in Markham in 2026?
Pricing varies significantly by corridor and product. Boutique condos in Markham Village start near $452,900. Downtown Markham and Unionville condo towers generally start between $586,900 and $1,225,800. Family townhomes in Cornell run roughly $850,000 to $1.15 million. Luxury towns and detached homes in Angus Glen currently start above $2.1 million. The average price per square foot for pre-construction condos across Markham is approximately $1,035.
Do I need my own real estate agent, or is the builder's sales representative enough?
Yes, and it costs nothing extra. The builder allocates a buyer's agent commission whether or not you bring your own representative — the sales representative in the model suite works for the builder, not for you. An independent buyer's agent negotiates deposit structure, development charge caps, and upgrade pricing on your behalf, and reviews the purchase agreement before you sign. Most builders require agent registration on your first visit, so contact Michael John Lau or Neeraj Moolchandani before visiting any sales centre.
What builder incentives are available on Markham new construction in 2026?
2026 incentives across active Markham communities include capped development charges (for example, UnionCity's $9,999-per-suite cap), free assignment with reduced or waived fees, extended deposit schedules staged over many months, and parking and locker price caps. Builders are generally favouring these structural incentives over outright base-price reductions, since concessions close deals without resetting neighbourhood comparable sales.
How long does a pre-construction home take to complete in Markham?
Completion timelines vary by product type. Low-rise townhome and detached communities such as Little Rouge and Angus Glen South Village are tracking toward 2026 occupancy. High-rise condo towers take longer — UnionCity's towers are staged from Fall 2027 through Spring 2028, and Pangea Condos is targeting Spring/Summer 2028. Boutique low-rise buildings like 46 on Main move fastest, with occupancy as early as March 2026.
What is Tarion, and how does it protect new home buyers in Markham?
Tarion is Ontario's New Home Warranty Program, and it covers every newly built home in Markham, including condominiums and freehold homes. Coverage includes workmanship and materials, building envelope protection (water penetration), and major structural defects, with different coverage periods for each category. Buyers should understand what is and is not covered and how to properly document deficiencies during the pre-delivery inspection (PDI) before taking possession.
Can I assign or sell my pre-construction unit before closing?
Many Markham pre-construction agreements permit assignment — selling your purchase agreement to a new buyer before the building closes — though terms vary by builder. Some current developments, including UnionCity, are offering free assignment as an incentive, while others charge a fee or require builder consent. Reviewing your specific agreement's assignment clause before you sign is essential if flexibility matters to your plans.
Which Markham corridor is best for families, investors, or downsizers?
Families generally gravitate to Cornell, Box Grove, and the Berczy/Wismer corridor for school catchments and park networks, or to Angus Glen for estate-sized homes. Investors and students typically target Downtown Markham and Unionville condo towers for proximity to the York University Markham Campus and GO transit. Downsizers often prefer 46 on Main in heritage Markham Village or a lower-floor suite in Gallery Towers or Pangea Condos, trading square footage for walkability and lower maintenance.
What is happening with the Townhomes of Little Rouge by Camcos Living?
Townhomes of Little Rouge is a 147-unit traditional and back-to-back townhome community by Camcos Living at Donald Cousens Parkway and Ninth Line in Markham's Cornell neighbourhood, backing directly onto the Rouge National Urban Park. Construction is underway and sales remain active, with units priced from $849,990 and move-in beginning in 2026. The community is roughly six minutes from the Mount Joy GO Station and close to the Cornell Community Centre.
How does the Bank of Canada's rate decision affect new construction affordability?
The Bank of Canada held its policy rate at 2.25% (prime rate 4.45%) at its June 10, 2026 announcement, marking its fifth consecutive hold this year. A steady rate environment gives pre-construction buyers more predictable financing costs over the multi-year span of a deposit schedule, but buyers should still secure formal mortgage pre-approval and revisit financing closer to occupancy, since pre-construction closings often occur years after the original agreement is signed.
Your Advisors
Kaizen Real Estate Team · Markham, Ontario

Ready to Explore New Construction in Markham?

Don't register at a sales centre alone. Michael John Lau and Neeraj Moolchandani track every active pre-construction community in Markham and negotiate on your behalf — your representation is free, but your advantage isn't.

(647) 370-8885 [email protected] 8763 Bayview Ave #127, Richmond Hill, ON