Adding to Canada’s High-Tech Capital

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Adding to Canada’s High-Tech Capital

On January 19, 2018, General Motors unveiled its new state of the art innovation facility – The Canadian Technical Centre (CTC) – in Markham. Located at 101 McNabb St., near Warden Ave and Hwy 7, this facility is joining Markham’s already growing information technology sector.

CTC Markham director Brian Tossan indicated that this new tech facility will add 700 new jobs and create a “safer driving world”. He added this facility will “make a mark on society on a global scale, and it will start here in Markham.” GM Canada president Steve Carlisle called the facility GM’s “crown jewel”.

The addition of 700 jobs coming to Markham, could potentially mean new people moving into the city and surrounding areas.  The opportunity to live close to where you work allows individuals to have more quality time with the family and spend less time on the road travelling to and from work.

Since the market shifted back in April 2017 home prices have been normalizing and becoming affordable once again. During the month of January, the average sale prices for Markham, Stouffville and Richmond Hill were as follows:

Markham:
Detached: $1,220,595            Semi: $ 808,549           Townhomes: $813,355           Condos: $495,439

Stouffville:
Detached: $1,126,576            Semi: $695,000           Townhomes: $609,625

Richmond Hill:
Detached: $1,319,797            Semi: $785,300           Townhomes: $831,999           Condos: $439,237

Being able to work close to home is important and our team takes pride in finding the home that gives you the perfect work-life balance.

Ontario is no stranger to having GM Campuses. With locations already in Oshawa, Kapuskasing, Kitchener-Waterloo, the City of Markham location will be Canada’s largest automotive innovation hub.

The City of Markham truly is Canada’s high tech capital.

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*Some conditions apply to the 28 days or we buy it program. Not all properties qualify and may be subject to a home inspection & staging consultation. Contact us for more details based on your specific real estate move.

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