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New & Pre-Construction Condos in Markham
Browse 35 active projects - new and pre-construction condos in Markham. Royale Realty Brokerage (Geeta Mistry & Jasbir Seeder) provides Platinum VIP access, floor plans, deposit structures, and project-specific market analysis for every listing below. Updated 2026.
Pre-construction condos are the dominant new-housing format in the GTA, offering modern amenities, lower maintenance, and price points that start well below detached homes. Markham balances pre-construction condos near Unionville and Cornell with detached subdivisions further out. Strong school catchments make it a popular pick for end-user families.
Markham Pre-Construction Market Snapshot
Computed from the 35 developments we currently track in Markham.
Property types
- Condo35
Estimated occupancy
- 20254 projects
- 20272 projects
- 20285 projects
Most active builders
Where the launches are in Markham
The Markham pockets with the deepest pre-construction pipelines. Each guide lists every live project in that area.
Downtown Markham
A master-planned urban core near Unionville, mixing offices, retail, and modern condos.
Unionville
The historic Main Street village beside Downtown Markham — new mid-rise condos and towns within walking distance of Unionville GO.
Cornell
East Markham's new-urbanist community around the Cornell bus terminal and Markham Stouffville Hospital — laneway towns and low-rise condos.
Markham by price
Projects with a published starting price at or under each threshold.
Buying a pre-construction condo in Markham: what to know
How pre-construction deposits work
Instead of a single down payment, Markham condo builders collect the deposit in instalments: typically 5 percent on signing, then further 5 percent tranches at set dates, adding up to 15 to 20 percent within the first one to two years, with the balance due on final closing. The schedule is one of the first things to compare between projects, because a longer ladder is easier to fund and a shorter one usually comes with a lower price. Deposits are held in trust and covered by Tarion deposit protection up to the statutory limit. Of the 35 projects we track in Markham, 9 are selling now, with a median published starting price of $901,900.
The 10-day cooling-off period
Every new condominium purchase agreement in Ontario comes with a 10-day rescission period under the Condominium Act. Buyers use it to have a lawyer review the disclosure statement and the builder's schedules, confirm mortgage pre-approval, and check for caps on closing adjustments. Walk away within the window and the deposit is returned in full; after it, the agreement is firm.
Interim occupancy and final closing
Condo buyers move in, or lease out, at interim occupancy, often months before the building is registered as a condominium corporation. During that period you pay an occupancy fee made up of interest on the unpaid balance, estimated property taxes and maintenance, rather than a mortgage. Final closing, when title transfers and the mortgage funds, follows registration. Across Markham the projects we track are currently scheduled to occupy in 2025 (4), 2027 (2), 2028 (5).
Closing costs, HST and land transfer tax
Ontario land transfer tax applies province-wide; there is no municipal land transfer tax outside the City of Toronto, and first-time buyers can claim a provincial rebate. New construction attracts HST. End users assign the federal and Ontario new housing rebates to the builder, so the advertised price is usually net of them; investors pay the rebate portion at closing and recover it through the new residential rental property rebate after leasing the unit for a year. Budget separately for legal fees, utility connections and the adjustments for development charges and levies, and ask for those adjustments to be capped in the agreement.
Assignments before closing
Many buyers sell their agreement before the building completes. Whether you can depends on the builder's assignment clause and fee, and the profit on an assignment is taxable. Our assignment guides explain the mechanics city by city, and registered buyers in Markham are told when a builder opens or closes its assignment window.
Condos in Markham - Browse by status
Other property types in Markham
Frequently Asked Questions
Are pre-construction condos in Markham a good investment?
How many condo projects are available in Markham?
How is the Markham pre-construction market in 2026?
What deposit structure should I expect on a pre-construction purchase?
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