The largest sporting event in York Region history arrives August 14 - 16. Here's what it tells us about where Markham is headed - and what it means for homeowners.
Congrats on an exciting sale!
We’re thrilled for our Sellers of their lovely home at 3 Wismer Place in Markham! Sold in just a week, it’s nice to see the market activity heating up for well appointed homes like this one. Originally built in 1850, and situated in what is now known as “Angus Glen”, this home was relocated into the Markham Heritage Estates in 2000, and fully rebuilt to todays modern standards. Truly a unique gem in today’s marketplace!
Heritage Property Tax Rebate Programs
Downsizer's Paradise in Markham
A common request we hear from Clients is to find them a suitable place to 'downsize' from their family home, to something a little more manageable. Often, a condo is at the top of the list - but many people find the size limitations just too dramatic, and they feel they aren't fully ready for an apartment-sized condo unit just yet. Swan Lake has been a go-to area for many empty nesters, but if you still want a bit more space for kids, or you aren't quite at the retirement-age, you may want something a little different. If this sounds like you, you need to take a look at 22 Hepworth Way, in Markham village. This is a 1500 sq.ft. townhome, backing onto a ravine, that is part of a small 16-unit condominium corporation. This is a 3 bedroom home, with gorgeous views, that you don't have to worry about outside maintenance like lawn care or snow removal! Perfect for those who may want to lock-and-leave over the winter, or simply want a little more space than what a typical condo may offer.
Call us to book a private tour of this lovely property and complex, and see what a great option this can be, right in town!
You can see more by visiting www.22HepworthWay.com
Exciting new listings
With spring in full swing, we have some great new listings on the market. Keep your eye on our Listings Page, our Facebook Page, and Follow us on Instagram to keep up with the latest, and see what's 'Coming Soon'!
22 Hepworth Way - $778,000
25 Pingel Road - $1,048,000
45 Couperthwaite Cres - $,1495,000
Joseph Street, Markham
We are thrilled to present this incredible property in the heart of Markham Village. Joseph Street, is a custom-built luxury residence, that has left nothing to spare. Situated on a large 0.628 Acre lot (L-shaped, as much as 220' deep), backing to a quiet ravine and conservation area. Take a peek at www.57Joseph.com for details on this lovely home. Contact us for details!
18 David Gohn Circle, Markham
Look for this beautiful home to hit the market later this week. Situated in the prestigious Markham Heritage Estates, this fabulous home features an incredible lot, oversized garage and loft, and the beautifully restored Century home. Contact us for details!
Asking $1,249,000 - Look for details at www.18davidgohn.com!
Pickering Airport Lands
With the recent announcement by Jim Flaherty, Minister of Finance and Minister responsible for the Greater Toronto Area (GTA) and Peter Kent, Minister of Environment and Minister responsible for Parks Canada, regarding the future of the Pickering Airport lands, there have been many questions raised to the details of these new revised plans, and how it may affect the housing market in the nearby areas. While there is not a clear, definitive plan as of yet, we have put together some information from Transport Canada that can help clarify the direction of these recent announcements.
For residents of Durham Region and the GTA, the Harper government is ending decades of uncertainty about the future of the Pickering Lands. There will be land for an airport, there will be urban and industrial development and there will be considerable green space on these lands. We are striking a responsible balance that will allow us to preserve our quality of life, while creating jobs and long-term prosperity in Durham Region and the GTA. With the Buttonville Airport closing, with Highway 407 being extended eastward, and now clarity around the Pickering Lands, Durham Region is well positioned to be a hub for transportation, business development and job creation. - Jim Flaherty
As part of these plans Transport Canada plans to transfer nearly 5,000 acres from these lands to Parks Canada towards the creation of Rouge National Urban Park. From the updated published draft reference maps provided, the space for the new Pickering Airport is substantially smaller than the original plan from the early 80's - with the balance of space (nearest to Cornell) being turned into addtional Rouge Parkland for the public to enjoy.
We see this as very positive news, as the flight paths do not appear to impact the East side of Markham, which was an initial concern for many residents.
Newly Identified Airport Lands (PDF)
Real Estate market stays hot in York Region
The numbers are in, and are again strong -- February home sales were up 16% (as compared to 2010) for the Greater Toronto Area. Some highlights from last months numbers:
- York Region's average resale price was $584,973 (GTA average is %502,508)
- Markham had 338 sales, Richmond Hill 263, Vaughan 351
- 60% of sales in February were fully-detached homes
- Average sale price of a semi-detach in Markham grew to $452,000
With low interest rates being maintained, we would expect the market to continue on the same trajectory for the near future - expect near-term prices to climb slightly in the Markham, Unionville and Stouffville areas.