How Much Home Can You Afford in Markham?

Markham is a high-tech York Region hub with strong schools and one of the lowest property tax rates in the GTA.

Average price is a 2026 estimate for illustration · Last updated: May 2026

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Estimated Markham property tax: $704/mo on the average home. Stress-tested at 6.49%.

What You Can Afford
In Markham, ON

Maximum purchase price

$696,048
Maximum mortgage$596,048
Markham average home$1,300,000
Payment on average home$6,663/mo
Land transfer tax (avg home)$22,475

Buying in Markham: What to Know

1

Provincial LTT only.

2

Lowest GTA property tax rates.

3

Major corporate and tech employers.

Average Home Price
$1,300,000

2026 estimate

Property Tax Rate
0.65%

≈ $8,450/yr

Land Transfer Tax
$22,475

On the average home

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