The town of Markham resides about 17 km or half-an-hour by GO train north of Toronto's commercial centre. Markham was a small, semi-rural town thirty years ago but has since gone through swift expansion.
At the time of the 2006 census, Markham's population was 261,000 and it has been growing since by an average of about 10,000 people each year. The town claims for itself the title of Canada's high technology capital - with some justification, given the presence of Apple, IBM, Lucent, Motorola, Toshiba and Sun Microsystems amongst others.
Buyers should budget over $600,000 for a typical, detached home in Markham or about $400,000 for a semi-detached house.
Within Markham the median household income is $79,924 with an average house value of $440,755 compared to an average of $297,479 throughout Ontario. Markham is among the most affluent municipalities in Canada. There are range of excellent schools available in Markham all of which score well on standardized testing and maintain some of the highest rate of graduates attending universities.