About Markham Place Ⅱ
Markham Place II is a 16-storey high-rise residential tower in Malvern with 203 units, built in 2011 by V.H.L. Developments. Currently, there are 5 units on the market ranging from $449,888 to $499,488, offering an accessible entry point to this established neighbourhood. The building serves a mix of owner-occupants and renters seeking proximity to transit and essential services in a residential pocket of Toronto's northeast end.
Located in Malvern along Highway 401's corridor, Markham Place II sits near the Scarborough Town Centre area with straightforward access to the Bloor-Danforth line via bus connections. The neighbourhood is primarily residential with local shopping and dining on Markham Road, making it practical for families and professionals who value affordability and transit connectivity over downtown proximity.
Frequently asked questions
What type of building is Markham Place II?
Markham Place II is a 16-storey high-rise condominium tower built in 2011 by V.H.L. Developments. The building contains 203 units in total, making it a substantial residential community in Malvern. Most listings show two-bedroom configurations averaging around 740 square feet, which is typical for mid-rise condo stock in this area and price range. The building was developed as a rental-friendly property, so you'll find a diverse resident base of both owners and tenants. As a building from the early 2010s, it reflects that era's construction standards and design sensibilities, with ongoing property management and maintenance to keep common areas and systems current.
What's the neighbourhood like, and how's the transit access?
Markham Place II sits in Malvern, a quiet residential neighbourhood along the Markham Road corridor in Toronto's northeast. The area is served by local bus connections to the Bloor-Danforth subway line, making it accessible to downtown and across the city without requiring a car for daily commuting. Scarborough Town Centre is nearby for shopping and dining, and you're close to schools, parks, and healthcare facilities typical of an established residential community. Highway 401 access is straightforward, which suits those who drive for work or leisure. The neighbourhood is car-oriented compared to downtown cores, but it's affordable and family-friendly with reasonable walkability to local amenities.
What should buyers and renters consider about this building?
If you're looking at Markham Place II, understand that it's an older high-rise in a transitional market. Most units are two-bedroom formats around 740 square feet, which works well for couples, small families, or investors seeking rental income. When evaluating a unit, check the maintenance fee structure and what it coversu2014this is crucial for your carrying costs. Ask about the building's reserve fund study and whether any major systems have been recently updated, since the building is now over a decade old. Consider your commute timeline to the subway station and whether you'll need parking; the building is on Markham Road, so transit access is via bus. For renters, this building attracts a steady tenant base due to affordability and proximity to employment areas in Scarborough and beyond.