Unionville is considered to be a heritage village in Markham, which is a north GTA city known for a high number of science workers, university grads and baby boomers. It is a diverse neighbourhood with prominent populations of Chinese, Japanese and Greek descent. Although Unionville has no official boundaries, it is situated roughly by Highway 404 on the west, 16th Avenue to the north, McCowan Road to the east and Highway 407 to the south.
It is one of Ontario’s most opulent neighbourhoods. It’s a remarkable and unique community that can flourish well into the future. Once enveloped by farmlands, the village is now surrounded by suburban housing. Presently the population stands at 50,000, and it is progressively growing. Many new townhomes and condo buildings are being constructed and developed in this community. Homeownership in this community is high, with a split of 87% owners to 13% renters. The average household income is $136,130.
The neighbourhood largely features condos, accounting for 52% of sales, accompanied by detached houses at 33% and condo townhouses at 9%. Condo apartments are the most common trend and the majority of properties have one bedroom. The average cost in Unionville over the past year was $953,518, an increase of 17% over the previous term. The average condo price over the past year was $449,113, compared to the average freehold cost of $1,776.924 over the same timeframe.
A major part of this area's economy is tourism. The historic village and the downtown section is typical of a small town that developed over a century ago. The historic Main Street attracts thousands of visitors each year, with its distinct shops, charming restaurants, bars, cafes, pubs, boutique stores, parks and galleries. Shops of historical significance, friendly faces to warm your soul, and family-run business establishments give this old fashioned Main Street a special place in the hearts of many people who visit. Country goodness with a splash of contemporary vitality makes for a perfect blend, and they can all be found here, prepared to cater to your every whim.
For motorists, getting around in the area is flawless with simple access to highways 404, 407, and 7. Commuters have easy access to GO Transit, which operates trains and buses through the Unionville GO Station. The YRT/Viva connects to the TTC at Finch Station which allows its residents to get to where they need to go with ease.
Unionville real estate has been booming since the area experienced considerable housing development in the 60’s, and it is continuing northward from the town centre. Homes for sale are desired by individuals and families alike due to the abundance of schools, recreational facilities, and green spaces. It is perfect for those who want to enjoy both the city and suburban lifestyles.
Markham and the GTA continue to see incredible growth. Most new developments are single family detached houses, ranging from two-storey starter homes to million dollar luxurious residences. Townhomes and condominiums are popping up as part of the “Markham Centre” redevelopment plan, giving Unionville houses on the market with a more urban feel. Homes for sale in the area are some of the most desired in the region. Why not make this community a part of your life? Purchase or invest in your future now. Let the old world charm of Unionville entice and tempt you.
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