Markham and Scarborough hot real estate areas
July 27, 2023
In the spring, Baker Real Estate Inc. launched Tower 1 of 450 suites at Metropia’s Union City in Markham, and the response was phenomenal. We sold out in one weekend, and immediately launched Tower 2 with 450 units, and that tower sold out quickly. The release of Tower 3 with another 450 suites is proving just as successful. Demand for new homes and condominiums in Markham is tremendous, and it is easy to understand why.
Markham has been a popular residential destination for decades because of the high quality of life residents enjoy. That quality of life includes attractive diversity and inclusion in population, cultures, foods and celebrations. Markham is also home to an array of businesses in a variety of sectors, from small entrepreneurial start-ups to multi-national enterprises. There is diversity in the make-up of neighbourhoods as well, from the heritage sites or Markham Village and historic Unionville to the urban excitement of downtown Markham.
Rouge National Urban Park
In addition to a wealth of existing excellent schools, Markham will welcome the Markham Campus of York University in spring 2024. The campus will offer academic programs and research revolving around technology and entrepreneurship. The city offers activities and support for all ages and is proud to offer healthy, vibrant and sustainable communities.
One of Markham’s most attractive features is being home to part of Rouge National Urban Park, the largest of its kind in North America. This natural wonder encompasses creeks, forests, farms, trails and marshland. The park stretches down through Scarborough, another residential hotspot right now.
Part of the city of Toronto, Scarborough is also a delightfully diverse collection of residential communities and businesses including one of the city’s largest shopping malls, several golf courses, numerous headquarters of notable companies, and the historic Guild Inn with its installation art and ruins of columns. It is also home to the Toronto Zoo, the largest in Canada. The Zoo focuses on conservation, preservation and education. In addition, the facility houses plant species from around the world, including one of the largest tropical plant collections in Canada.
Welcoming harbour
With the 2021 census reporting that 76 per cent of Scarborough residents identified as members of visible minority groups, this section of Toronto is a welcoming harbour for people of all ages, backgrounds and ethnicities. The area boasts many local arts organizations and festivals, including multicultural events. Topping off Scarborough’s amenities is the University of Toronto Scarborough, as well as two of Centennial College’s campuses and its Performing Arts Centre.
As for nature, the Scarborough Bluffs is one of the most beautiful areas of Ontario, with its sandy beach, dramatic lookouts, boat launch, visitor dockage and picnic areas. The Bluffs is one of those “you have to see it to believe it” natural features. Along with Lake Ontario, the Bluffs form the spectacular backdrop for Residences at Bluffers Park, another highly successful condominium community we launched earlier this year.
Markham and Scarborough certainly have timeless appeal, making the homes and condominiums in those areas desirable at any given time or economic situation.