List of Pre-Construction Condos & Homes in Markham

The average selling price for a home in Markham in October 2025 was $1,177,290. Detached homes sold for about $1,544,717, townhouses averaged $1,114,132, and condo apartments were priced around $673,131.

For a vibrant downtown experience, look at Markham Downtown, with its shops, restaurants, and green spaces. Families will find excellent schools and a friendly atmosphere in Thornhill. Stepping back in time, Unionville boasts a charming historic district with unique shops and a walkable setting. Milliken Mills is a hub for innovation and technology, attracting young professionals. If you seek a peaceful residential haven, Berczy Village offers a mix of housing options and a strong sense of community, perfect for raising a family.

Yes, condos are selling well in Markham. The market shows positive signs with an average price of $673,131.  It’s important to note, however, that these are average figures and condo prices can vary depending on factors like size, location, and amenities.

New Markham condos cater to convenience and leisure. Expect to find gyms, pools, party rooms, rooftop terraces, and co-working spaces in some buildings. Security features like key fob access and video surveillance offer peace of mind. Note that specific offerings vary depending on the condos in Markham, so explore your options to find the amenities that best suit your lifestyle.

Right now isn’t the best time to sell condos in Markham if you want top price or a quick sale. High inventory, softer demand, and recent price declines favor buyers. Some well-located or family-friendly units may sell faster, but for most sellers, waiting could be wiser, unless you need to move or are upgrading to a stronger freehold market.

A pre-construction townhouse in Markham offers a compelling opportunity for homeownership. You’ll benefit from securing a competitive price point compared to the existing market. These brand-new units boast modern amenities and energy-efficient features, translating to lower maintenance costs. Plus, as Markham continues to flourish, your pre-construction purchase positions you for potential equity growth, making it a smart investment for the future.

Markham is an ideal environment for raising a family. The city boasts excellent schools, consistently ranking high in provincial assessments. Markham’s safety record provides peace of mind, with a lower crime rate than the national average. Family-friendly activities abound, with parks, recreation centers, and community events offering opportunities for connection and fun.

High condo prices in Markham are a result of several factors. The city’s booming job market and population growth attract a lot of potential buyers, both domestic and foreign. This strong demand, coupled with a limited supply of new pre-construction condos in Markham, drives prices up. Additionally, Markham’s reputation for good schools and low vacancy rates makes it an attractive investment, further fueling the rise in condo prices.

The minimum down payment for a pre-construction home in Markham is determined by the property’s price. For condos priced under $500,000, a 5% down payment is required. For those between $500,000 and $1 million, the calculation is 5% for the first $500,000 and 10% for the remaining amount. Condos priced over $1 million necessitate a minimum down payment of at least 20%.

In October 2025, renting in Markham costs roughly $1,880 for a bachelor, $2,360 for a one-bedroom, $2,955 for a two-bedroom, and $3,185 for a three-bedroom. The rental market is tight, with vacancies holding near 3%.

Over the past decade, Markham condos have gained about 87% in value, with a $500,000 unit in 2015 now worth roughly $937,000. Growth has slowed since 2023, and so far in 2025 prices are up just 1.2%, showing steady but modest resilience compared with the broader GTA.

The proximity of new condos in Markham to public transportation varies depending on the specific development. However, Markham offers a decent public transit system with both York Region Transit (YRT) buses and Viva, a rapid transit option connecting Markham to neighbouring cities. Look for developments near YRT bus stops or Viva stations for easier commutes.

Markham boasts a diverse array of educational institutions to cater to the needs of its residents. Notable primary and secondary schools in the area include Markham Gateway Public School, Trillium School, and Sam Chapman Public School, among others. For those pursuing higher education, York University’s Markham Campus offers a selection of undergraduate and graduate programs. Additionally, the nearby Seneca College and Centennial College provide a range of career-focused diploma and degree programs, further enriching the educational landscape in Markham.

To remain up-to-date on the latest Markham condos for sale, consider subscribing to our newsletters, which will conveniently deliver relevant updates directly to your inbox. Furthermore, we encourage you to reach out to us for exclusive insights and information on new developments in Markham, ensuring you have access to the most current and comprehensive real estate data.