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An exciting explosion of new homes

'One of the fastest-growing communities'

From the National Post, originally published on October 20, 2007
By Lisa Van De Ven

A short commute from downtown Toronto, Markham certainly has location on its side.

The municipality north of the city has long made the suburban short list — based on proximity alone — for families looking for a place to settle in the greater Toronto area. These days, though, the property range in Markham is growing, as developers work with city staff to create a variety of offerings for homebuyers.

Whether they're looking for a condominium suite with a selection of amenities close at hand, a townhouse with a pedestrianfriendly new urbanist approach or an executive-style house overlooking the ninth hole, purchasers are finding that Markham's new-home market offers more than cookie-cutter suburban sprawl.

That combined with Markham's existing amenities and long-term plans, and the town appeals to purchasers across the board.

"I've been there a long time, and I think it's a great area," says developer Rudolph Bratty, president and chairman of the Remington Group. "People want to live here and it has a lot of amenities."

After developing residential and industrial sites through Markham since the 1970s, the Remington Group is now the developer behind one of the town's most high-profile projects — Downtown Markham. The mixed-use master-planned site combines smart growth and New Urbanist principles with energy-efficient building techniques, for a new pedestrian-friendly downtown core at Warden Avenue and Highway 407.

The 243-acre site will eventually accommodate 4,000 condominium and townhouse units, integrating retail and office elements as well. Suites in the project have been selling quickly, with construction underway and a few remaining units at the Benchmark Town Manors available; these range from 2,360 to 3,105 square feet and are priced from the low $600,000s.

The developer has also recently released the Verdale condominium building, where suites
range from 480 to 1,100 sq. ft. and are priced from $170,000s.

"It's been a great success," Mr. Bratty says. "I always expected it to be a success, but not to this degree."

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