If you are weighing a Markham condo, the two numbers that matter most are what units are selling for and what they rent for. 402 units were listed on November 1, 2026 at a median asking price of $649,000. Over the last 90 days 230 sold, at a median of $592,500. Leased units went for a median of $2,450 a month.
Buy or rent: Markham condos by size
The table compares the median asking price, the median sale over the last 90 days and the median monthly rent for each unit size. Gross yield is a year of rent divided by the sale price (or the asking price where there were too few sales), before fees, tax and vacancy. Studios and 1 bedrooms show the highest gross yield in Markham at 5.9%, which means the price equals about 16.8 years of rent. Take the median condo fee off the median rent and the yield across all sizes drops to about 3.7% before property tax.
| Unit size | Asking (median) | Sold, 90 days | Rent / month | Gross yield |
|---|---|---|---|---|
| Studios and 1 bedrooms | $500K | $465K | $2,300 | 5.9% |
| 2 bedrooms | $699K | $664K | $2,900 | 5.2% |
| 3 or more bedrooms | $768K | $762K | $3,300 | 5.2% |
What condo fees run in Markham
Half of the 395 listings that state a fee pay less than $630 a month, and half pay more. Per square foot that is about $0.73 a month, which is the fairer way to compare a large unit with a small one. Over a year the median fee adds up to $7,566, or 1.2% of the median asking price. It was $632 in October 2026. What the fee covers matters as much as its size: it pays for building insurance, the common areas, amenities and the reserve fund, and in many buildings heat and water as well.
Are Markham condos selling at asking?
Condos that sold in Markham over the last 90 days went for a median of 97.0% of their final asking price, and 21% sold for more than asking. The typical sold unit was on the market for 27 days. Sales are down 11% from the same 90 days last year (257), and the median sale is down 7.1% from $638,000.
Buildings with the most units listed
When one building has several units for sale at once, buyers have more choice and sellers more competition. These are the Markham addresses with the most listings right now.
| Address | Units listed | Typical ask |
|---|---|---|
| 399 Royal Orchard Boulevard | 8 | $2.75M |
| 15 Water Walk Drive | 7 | $528K |
| 9700 Ninth Line | 7 | $565K |
| 8119 Birchmount Road | 7 | $690K |
| 101 Cathedral High Street | 7 | $711K |
| 38 Gandhi Lane | 7 | $719K |
| 23 Cox Boulevard | 7 | $729K |
| 18 Water Walk Drive | 7 | $860K |
On the market by unit type in Markham: condo apartments: 289 at $599K; condo townhouses: 81 at $728K; penthouses: 19 at $798K; lofts: 7 at $1.3M.
Compare with nearby condo markets
Condo questions about Markham
How much does it cost to rent a condo in Markham?
Condos leased in Markham over the last 90 days rented for a median of $2,450 a month across 682 leases.
What is a typical condo fee in Markham?
The median monthly fee on condos listed for sale on November 1, 2026 was $630. Fees depend on the size of the unit and on what the building includes, such as heat, water or parking.
Are condos in Markham selling over asking?
In the last 90 days, 21% of Markham condo sales closed above asking. The median sale came in at 97.0% of the asking price.
How many condos are for sale in Markham?
402 on November 1, 2026, with a median asking price of $649,000.
Sources: asking prices and fees are from the condos for sale on Condo Connect on November 1, 2026. Sale and rent figures are totals of MLS® sales and leases in Markham over the 90 days before that date; individual sold prices are available to signed-in members. Yields are gross and for comparison only.
Condos for sale in Markham right now
Live listings from the area this article covers.
$610,000316 - 28 Uptown Drive, Markham1+1 bed · 1 bath · UnionvilleCourtesy of WE REALTY
$1,588,0002 Wood Duck Island Way, Markham2+1 bed · 4 bath · GreensboroughCourtesy of WEB MAX REALTY INC.
$515,000112 - 48 Suncrest Boulevard, Markham2+1 bed · 2 bath · Commerce ValleyCourtesy of RE/MAX REALTRON REALTY INC.
$578,000301 - 7428 Markham Road, Markham2+1 bed · 2 bath · MiddlefieldCourtesy of HOMELIFE KINGSVIEW REAL ESTATE INC.
$669,000110 - 7825 Bayview Avenue, Markham2 bed · 2 bath · Aileen-WillowbrookCourtesy of RE/MAX HALLMARK REALTY LTD.
$565,500310 - 7811 Yonge Street, Markham2+1 bed · 2 bath · ThornhillCourtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.