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Markham is a hotbed of economic development and growth

Markham – a hotbed of economic development and growth

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Markham – a hotbed of economic development and growth

As the fourth most populous community in the GTA – after Toronto, Mississauga and Brampton – Markham has been a hotbed for economic growth and development for years.

It’s long been known as a centre for growing sectors such as technology and life sciences – and therefore employment growth – one of the key drivers of housing demand.

Today, Markham is home to more than 1,000 such companies, with IBM, Huawei, Honeywell, Advanced Micro Devices, Motorola and Oracle all having their Canadian headquarters located in the city.

Residence has its price

Buying a home in Markham may cost you, though, as it has also become one of the GTA’s most expensive housing markets.

According to the Royal LePage Home Price Index for the first quarter of 2020, aggregate home prices grew 6.9 cent year-over-year to $1 million. Standard two-storey prices grew 6.6 per cent to $1.16 million, while detached bungalows increased 5.7 per cent to $1.02 million.

Still, new-home development is a priority for Markham City Hall and Mayor Frank Scarpitti, who was first elected in 2006 and is known as developer- and builder-friendly. The city has a number of new home developments underway, including some high-profile condo and lowrise projects.

The revitalization of Downtown Markham has been spearheaded by The Remington Group’s multi-use development along Main Street, which includes expansive retail shops, a Marriott Hotel, a Cineplex, as well as a variety of condo buildings and townhomes.

Cultural diversity

Culture is also an important attraction in Markham, with The Flato Markham Theatre offering more than 300 live performances each year, showcasing the diversity of the city. In addition, Varley Art Gallery encompasses the historic Kathleen McKay House, which was the home of Group of the Seven’s Frederick Horsman Varley for the last 12 years of his life. Measuring 15,000 sq. ft., the gallery is the second most popular tourist attraction in York Region.

Markham also has dozens of parks with baseball diamonds, soccer pitches and children’s play areas and splash pads. The city also boasts more than 22 kms of scenic pathways with 12 bridges that provide recreational activity for joggers and cyclists.

The largest park in the city is the Milne Dam Conservation Park. Measuring 305 acres, it is bordered by thick forest on the south and east and the Rouge River runs through the middle.

Toogood Pond is an 82-acre park that features a partially naturalized pond and marsh, and it recently underwent revitalization to remove sediment, restore the shoreline and plant native foliage.

Getting around Markham is facilitated by easy access to Hwys. 404 and 407 and the DVP, and for public transit, York Region Transit/Viva connects with all nine York Region municipalities, and GO Transit provides regular train and bus service.

Location, location, location

Population of 328,940, located in the Regional Municipality of York in the GTA; distance from downtown Toronto, 30 km

Key landmarks

• Flato Markham Theatre

• Varley Art Gallery

• Milne Dam Conservation Park

• Angus Glen Golf Club

Select housing developments

Abbey Lane Towns by Poetry Living

Cornell Markham by Ballantry Homes

Canvas on the Rouge by Flato Group

Cornell Rouge by Madison Group

Kennedy Manors by Kylemore Communities

Riverwalk Meadows by Flato Group

Union Village by Metropia

Union Village by Minto Communities

Victory Green by Remington Group

Village Homes on the Avenue by Andrin Homes


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Kylemore Communities - Kennedy Manors

Kylemore Communities’ Kennedy Manors luxury town manors in Markham now open

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Kylemore Communities’ Kennedy Manors luxury town manors in Markham now open

Kylemore Communities is renowned for its luxury homes, and Kennedy Manors is no exception! Discover a new, limited collection of luxurious three-storey Town Manors at Kennedy Manors in Unionville, Markham. This release offers a selection of 15- and 19-ft. wide rear lane designs and 23-ft. wide traditional townhomes, all in Kylemore’s distinctive architectural style. Located within a highly desirable residential neighbourhood on the west side of Kennedy Rd., just north of 16th Ave., Kennedy Manors is now under construction and will offer occupancy dates starting fall 2019 and February 2020.

Exteriors at Kennedy Manors have combinations of brick, stone and stucco with covered front porches and architectural details resulting in streetscapes of unparalleled appeal. Townhome layouts have three levels of deluxe finished living space with bright, open main floors and three or four bedrooms on the upper level where spacious master bedroom retreats are located. Larger models offer a fourth or fifth bedroom on the lower floor. Sizes compare favourably with single-detached homes and range from 1,725 to 2,730 sq. ft. and priced from $1.2 million.

Luxury interiors include an abundance of upgraded finishes such as grand 10-ft. ceiling heights on main floor and nine-ft. on the upper floor, gas fireplace, deluxe cabinetry throughout, choice of imported ceramic tile and premium carpeting. Engineered hardwood flooring on main floors with oak stairs, and kitchens with granite countertops and a SubZero/Wolf stainless steel-finish appliance package.

Representative of Kylemore's luxury features.
Representative of Kylemore’s luxury features.

Kennedy Manors has an incredible location just minutes to prestigious Main Street Unionville, is convenient to Hwys. 404, 407, and two GO Stations, plus Angus Glen Community Centre, Markville Mall, dining, and Angus Glen Golf Club. Excellent schools and daycare facilities are also nearby. Kennedy Manors is perfect for luxurylovers who appreciate the convenient location and proximity to Markham’s fine amenities.

KYLEMORE COMMUNITIES
Kennedy Manors

Visit the presentation centre, located at 4500 Major Mackenzie Dr. E. in Markham.

905.887.9950

kylemorecommunities.com


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Luxury Town Manors

Luxury Town Manors by Kylemore now selling in Markham

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Luxury Town Manors by Kylemore now selling in Markham

Kylemore Communities is offering a limited collection of luxurious three-storey Town Manors at Kennedy Manors in Unionville, Markham. Located within a highly desirable residential neighbourhood off Kennedy Road, just north of 16th Avenue, Kennedy Manors features a selection of 15- and 19-ft. wide rear lane designs and 23-ft.-wide traditional townhomes.

Combinations of brick, stone and stucco with covered front porches result in streetscapes of unparalleled appeal. Townhome layouts have three levels of superior living space with bright, open main floors and three or four bedrooms on the upper level where spacious master bedroom retreats are located. Larger layouts offer an additional bedroom on the lower floor. Luxury interiors include an abundance of upgraded finishes. Sizes range from 1,725 to 2,730, priced from $1.2 million. Construction is underway, so quick closing dates are available.

Kennedy Manors is located just minutes to Main Street Unionville, is convenient to Highways 404, 407, and two GO Stations, and close to Markham’s fine amenities.

kylemorecommunities.com


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