The quick answer
Berczy Village is mostly newer detached and freehold townhomes on quiet crescents. The catch for downsizers is the destination rather than the sale: there is very little condo stock here, so people who want an apartment usually look at Unionville, Downtown Markham or a townhome elsewhere in the city.
Downsizing out of Berczy Village is usually a two neighbourhood decision. The sale happens here. The purchase almost always happens somewhere else in Markham.
Why the sale is the easier half
Berczy Village is north Markham housing at its most straightforward: detached homes from the late 1990s onward, freehold townhomes and semis and quiet crescents. For current market figures, TRREB publishes market reports every month in its Market Watch at trreb.ca. Figures change monthly and vary by property type and neighbourhood. Our Berczy Village neighbourhood guide covers the housing stock and the transit picture in detail.
What that means in practice is simple. The work is presentation, timing and pricing and a home valuation is the place to start. Our neighbourhood pages show how nearby areas compare.
Why the purchase takes longer
There is very little condo stock in Berczy Village. If your plan is a smaller freehold townhome or a semi, you may be able to stay. If your plan is an apartment with no exterior maintenance, you are looking at Unionville, Downtown Markham or Thornhill and that changes the search, the price and the timeline.
This is the part people underestimate. Deciding where you are going is what makes everything else possible to plan. Until the destination is settled, you cannot judge how much time you need between the two closings, whether bridge financing is worth discussing with your lender or how firm your listing date should be.
A sensible order of work
- Settle the destination first: property type, then neighbourhood, then building or street.
- Get an honest read on what your Berczy home is worth today, so the numbers are real before you plan around them.
- Map the two closings and decide how much overlap you need.
- Start sorting the contents early. In a home held for twenty years or more, this is the step that sets the pace of the whole move.
- Prepare the house for the buyers who are actually shopping in the area, using current local sales as your guide.
What to do next
If you are thinking about it for next year rather than next month, that is the right time to start. Our downsizing guide for Markham walks through the full process and our sellers page explains how we handle the sale itself.
When you want a number to plan around, contact us and we will give you an honest read on your home with no pressure and no obligation.
Common questions
Can I downsize inside Berczy Village?
Sometimes, into a freehold townhome or a semi. There is very little condo stock in the neighbourhood, so if apartment living is the goal you are usually looking at Unionville, Downtown Markham or Thornhill instead.
Who buys a Berczy Village home?
Buyers of many kinds, drawn by the newer housing and the parks. Ask us for current sales in the area so your pricing and presentation reflect what is selling now.
Should I sell first or buy first?
It depends on your finances and how flexible your dates are. Decide where you are going before you list, then work backwards from that closing date and talk to a mortgage professional about bridge financing before you commit to either order.
Keep exploring
- Berczy Village neighbourhood guide Detached homes on quiet crescents and freehold townhomes in north Markham.
- Downsizing Forty years of a house and a sequence that has to work in the right order.
- Where to downsize in Markham Neighbourhoods with condos, townhomes and bungalows.
- Markham sold prices What homes actually sold for, with a free account.
Sources
Figures and rules were checked against these sources on the date this post was published or last updated.
Not advice. This post is general information only. It is not legal, tax, mortgage or investment advice. Rules and figures change, so confirm the details for your own situation with a qualified professional before acting.
Market data. Any prices quoted are general information for the period stated. They are not an appraisal or an opinion of value for any specific property.