Question 1

What makes Markham attractive for homebuyers?

Accepted Answer

Markham offers excellent schools, a thriving tech sector, diverse communities, and strong transit connections. The average home price of $1.15M provides good value compared to Toronto while offering similar amenities. Areas like Unionville and Cornell are particularly sought-after.

Question 2

What down payment do I need in Markham?

Accepted Answer

For Markham's average $1.15M home, you'll need 20% down ($230,000+). Properties over $1 million require 20% minimum. Many Markham buyers use RRSP HBP withdrawals, FHSA funds, and family gifts to reach their down payment goals.

Question 3

Do you help with new construction in Markham?

Accepted Answer

Yes, we handle new construction mortgages for Markham developments in areas like Cornell and Cathedral. We coordinate builder timelines, progress draws, and ensure your rate is locked in before closing dates.

Question 4

Can I qualify using rental income from a basement suite?

Accepted Answer

Yes, many Markham properties have legal secondary suites. We work with lenders who consider rental income when qualifying you, which can significantly increase your purchasing power or help with refinancing.

Question 5

What areas in Markham do you serve?

Accepted Answer

We serve all Markham neighborhoods including Unionville, Cornell, Angus Glen, Markham Village, Thornhill, Milliken, and Rouge Fairways. Each area has its own character and we understand the local market dynamics.

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