Markham Neighbourhoods for Downsizing, by Property Type

The short answer

Downsizers moving within Markham usually ask us the same question first: which neighbourhood should we look at. The honest answer is that it depends on the property type you want, because condo apartments, townhomes and smaller detached homes are not spread evenly across the city. Our downsizing guide for Markham walks through the full process, from deciding whether it is time to sequencing two closings. This post goes deeper on one part of that guide: where each type of smaller housing actually shows up, with TRREB’s January to March 2026 figures by neighbourhood and property type.

Below is a summary table, followed by a closer look at each area and the smaller housing it offers.

Prices by neighbourhood and property type

The table below uses TRREB’s Community Housing Market Report for Markham, covering January to March 2026. A blank cell means TRREB did not report a median for that property type in that neighbourhood for the quarter, most often because there were too few sales, not necessarily because none exist.

Neighbourhood	Condo apartment	Condo townhouse	Freehold townhouse
Unionville	About $580,000 (63 sales)	About $840,000 (14 sales)	About $1,464,000 (6 sales)
Markham Village	Not reported	About $749,000 (4 sales)	Not reported
Cornell	Not reported	About $620,000 (9 sales)	About $959,000 (15 sales)
Berczy Village	Not reported	Not reported	About $974,000 (10 sales)
Cathedraltown	Not reported	Not reported	About $1,190,000 (4 sales)
Wismer	About $478,000 (12 sales)	Not reported	About $1,112,000 (5 sales)
Greensborough	Not reported	About $820,000 (11 sales)	About $896,000 (5 sales)
Angus Glen	Not reported	Not reported	About $1,222,000 (15 sales)
Box Grove	Not reported	Not reported	Not reported
Thornhill (Markham side)	About $525,000 (7 sales)	Not reported	Not reported
Milliken Mills East and West	Not reported	Not reported	Not reported
Downtown Markham	$563,800, Markham-wide (57 sales, August 2026)	$750,000, Markham-wide (28 sales, August 2026)	Not reported

Source: TRREB Community Housing Market Report, Markham, Q1 2026, except the Downtown Markham row, which uses TRREB Market Watch, August 2026 citywide figures because TRREB does not report Downtown Markham as its own community.

Where condo apartments concentrate

Condo apartments are the smallest maintenance load of the three property types and they cluster in three parts of the city.

Downtown Markham has the largest concentration of newer condo towers in the city, along with stacked and executive townhomes and a small number of detached homes on the edges. TRREB does not track Downtown Markham as its own community, so we use citywide figures: a condo apartment median of $563,800 across 57 sales in August 2026. Read the Downtown Markham neighbourhood guide for more on the area.

Unionville has mid-rise condos along the Highway 7 corridor, closer to Downtown Markham than to the historic core. From January to March 2026 the condo apartment median there was about $580,000 across 63 sales, well below the neighbourhood’s detached prices. Details are in the Unionville neighbourhood guide.

Thornhill, on the Markham side, has condo apartments along its main corridors alongside its older detached housing stock. The condo apartment median there was about $525,000 across 7 sales in the same quarter. More on the area is in the Thornhill neighbourhood guide.

Wismer also reported a condo apartment median, about $478,000 across 12 sales, though condo stock there is limited compared with the three areas above. See the Wismer neighbourhood guide.

Where townhomes concentrate

Townhomes, whether freehold or condo, give up some of the maintenance reduction of a condo apartment in exchange for more space and often a small yard.

Cornell has the broadest townhome supply of any neighbourhood covered on this site, built on a grid with rear lane garages. From January to March 2026 the freehold townhouse median was about $959,000 across 15 sales and the condo townhouse median was about $620,000 across 9 sales. The Cornell neighbourhood guide covers the layout and the hospital nearby.

Berczy Village and Wismer both have freehold townhome stock from the late 1990s and early 2000s onward, with medians of about $974,000 and about $1,112,000 respectively for the same quarter. See the Berczy Village neighbourhood guide and the Wismer neighbourhood guide.

Greensborough has heavy freehold and stacked townhome supply near Mount Joy GO, with a freehold townhouse median of about $896,000 across 5 sales and a condo townhouse median of about $820,000 across 11 sales, the lowest freehold townhouse figure among the neighbourhoods that reported one. The Greensborough neighbourhood guide has more detail.

Angus Glen reported a freehold townhouse median of about $1,222,000 across 15 sales, higher than the other townhome areas, consistent with the neighbourhood’s larger detached prices. The Angus Glen neighbourhood guide covers the golf club and community centre.

Markham Village reported a condo townhouse median of about $749,000 across 4 sales, a small sample, alongside its older detached housing. Read the Markham Village neighbourhood guide.

Cathedraltown reported a freehold townhouse median of about $1,190,000 across 4 sales, also a small sample. See the Cathedraltown neighbourhood guide.

Where smaller detached homes and bungalows turn up

TRREB does not report a separate bungalow category, so bungalow prices fall inside each area’s detached figures rather than appearing on their own. Older bungalows and smaller detached homes are more common in neighbourhoods with older housing stock than in the newer north Markham subdivisions.

Markham Village has 1960s through 1990s detached homes and bungalows on generally deeper lots than newer parts of the city, alongside its century homes near Main Street. Its detached median for January to March 2026 was about $1,265,000 across 22 sales.

Thornhill, on the Markham side, has the oldest volume housing stock in Markham, mostly from the 1950s through the 1980s, including bungalows and side splits. Its detached median for the same period was about $1,495,000 across 5 sales, though this is a small sample and land value drives much of that figure since larger lots often attract builders.

Unionville also has some older detached homes and bungalows in its mature residential belt, north and east of the historic core, distinct from the newer condo stock closer to Highway 7.

Neighbourhoods with newer housing stock, such as Cornell, Berczy Village, Wismer, Greensborough, Cathedraltown and Box Grove, are built mostly from the mid 1990s onward and have little to no bungalow supply, since two-storey construction has been the more common format in Markham for several decades. The Box Grove neighbourhood guide and Milliken Mills neighbourhood guide cover two areas without a reported freehold townhouse, condo townhouse or condo apartment median for the quarter, where smaller housing exists mainly as older townhomes and, in Milliken Mills, condo apartments along the main corridors.

Reading these figures with care

A handful of the medians above rest on very few sales. TRREB publishes neighbourhood figures quarterly rather than monthly and once you narrow a neighbourhood down to a single property type, sample sizes shrink further. A blank row for a neighbourhood does not necessarily mean that property type does not exist there. It usually means there were too few sales of that type for TRREB to report a median for the quarter. Current listings, rather than a single quarter’s median, are the better guide to what is actually available in a given area right now.

Our market reports page has the most recent monthly citywide figures if you want to compare a specific property type against the broader Markham market rather than a single neighbourhood.

What to do next

If you are still deciding whether it is time to downsize or you want the full process from decluttering through closing, start with our downsizing guide for Markham, which covers land transfer tax, the principal residence exemption and Markham’s seniors property tax programmes alongside the property type breakdown above.

If you already have a sense of the neighbourhood or property type you want, our sellers page explains how we sequence a sale with a purchase so you are not carrying two properties at once. When you are ready to talk through your own move, contact Kirby Chan & Co. and we can go through the numbers for the specific areas and property types you are considering.