Urban centre · Markham, Greater Toronto
Downtown Markham
A planned new downtown of towers, a theatre and a pond
- Young professionals
- Renters
- Transit commuters
At a glance
Downtown Markham is a planned urban centre of condo towers and townhouses with restaurants, a theatre and a pond promenade. About 46% of homes are detached and 35% are apartments, 22% of households rent, and owners valued the median home at about $1.23M in the 2021 census.
- Median home value (est.)
- $1.10M* * est.: 2021 census, indexed to September 2026 · city $917K
- Residents
- 20,970 scaled estimate for mid-2025, up from 18,623 at the 2021 census
- Households renting
- 22% city 34%
- Homes that are apartments
- 35% city 38%
What the numbers mean
- Owners valued the median home at $1.23M in the 2021 census. Indexed to September 2026 prices with the Greater Toronto MLS® Home Price Index (-11% since then), that is about $1.10M, 20% above the Toronto-area suburbs median of $917K. It is an estimate: the index tracks the whole region, not this neighbourhood.
- 22% of households rent, well below the 34% city-wide. Most people here own and stay a while.
- 21% are 65 or older, versus 16% city-wide, a sign of long-time residents and a settled pace.
- 46% of homes are single-detached houses, versus 40% city-wide.
Who lives here
Share of residents by age, scaled estimate for mid-2025, up from 18,623 at the 2021 census.
Homes
Share of homes by type, scaled estimate for mid-2025, up from 18,623 at the 2021 census.
Upfront closing costs1
Ontario charges a tiered land transfer tax, up to 2.5% on the part of a home over $2 million. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.
- Ontario land transfer tax
- $18,500 on $1.10M
How it's changing
These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.
Safety
Neighbourhood-level crime figures aren't available for Markham. Policing there is by a regional police service, and none publishes neighbourhood crime counts we can compare with Toronto's. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.