About Markham Place
Markham Place is a 16-storey high-rise in Malvern with 205 units, built in 2010 by V.H.L. Developments Inc. The building sits in a neighbourhood that blends residential comfort with convenient access to major routes and local amenities. With units currently listed for sale between $455,000 and $518,500, and rentals averaging $2,300 per month, it appeals to buyers and renters looking for accessible pricing in a well-established area.
Markham Place is located in Malvern, near Markham Road and Steeles Avenue, with solid transit access via the TTC. The neighbourhood is quiet and residential, popular with families and working professionals who want proximity to shopping, schools, and employment hubs without the intensity of central Toronto. It's a practical choice for those prioritizing affordability and straightforward commute options.
Frequently asked questions
What type of building is Markham Place and when was it built?
Markham Place is a 16-storey high-rise residential building completed in 2010 by V.H.L. Developments Inc. The building contains 205 units across its storeys, making it a mid-sized tower in the Malvern neighbourhood. As a high-rise developed over a decade ago, the building has matured infrastructure and an established community of residents. Most units are one- and two-bedroom layouts, averaging around 714 square feet, which works well for individuals, couples, and smaller families. The building was designed to fit into a residential neighbourhood while providing the amenities and services typical of a larger multi-unit property.
Where is Markham Place located and what's the neighbourhood like?
Markham Place sits in Malvern, near the intersection of Markham Road and Steeles Avenue in east Toronto. The area is primarily residential with a mix of older and newer housing stock, making it one of Toronto's more affordable neighbourhoods. Transit access comes via the TTC, with bus routes connecting to subway stations and employment centres. Nearby you'll find local shops, schools, and services along Markham Road. The neighbourhood appeals to families, newcomers, and workers who prioritize reasonable housing costs and a quieter setting. It's not downtown, but it's well-positioned for commuting to various parts of the city.
What should I know if I'm thinking about buying or renting here?
Current listings show units ranging from $455,000 to $518,500 for purchase, with rental units averaging $2,300 per month. Most suites are one- or two-bedroom layouts, with an average size of about 714 square feet, making them efficient and manageable for singles or couples. When evaluating a unit, check the maintenance fees, which are standard for high-rise buildings, and ask about building policies on pets and parking. Since the building was completed in 2010, you'll want to understand the age of major systems and any recent renovations. Visit during different times of day to get a feel for the neighbourhood's quiet character, and confirm transit schedules align with your commute needs.