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York Region, Ontario Updated June 10, 2026

Best Mortgage Rates in
Markham

Tech sector influence with diverse housing options

🏠
Avg. Home Price $1,200,000 -2.8% YoY
🏢
Avg. Condo Price $620,000
📅
Days on Market 29
Best 5-Yr Fixed 4.04%
📊 Rate Comparison

Compare Mortgage Rates in Markham

Updated June 10, 2026

Today's Best Mortgage Rates

Compare discounted rates from Canada's top lenders. These are actual rates you can get - not posted bank rates.

Featured Mortgage Rates

Best discounted rates available today – sorted by lowest rate

Term Lender Best Rate
2-Year Fixed National Bank 4.24% Get This Rate
7-Year Fixed National Bank 4.54% Get This Rate
1-Year Fixed MCAP 4.69% Get This Rate
10-Year Fixed MCAP 4.69% Get This Rate

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* Rates shown are discounted rates for insured mortgages. Rates may vary based on credit profile, down payment, and property type. Subject to change without notice. OAC.

🏙️ Market Overview

Markham Mortgage Market Overview 2026

Markham is Canada's tech capital, home to over 1,500 technology companies. This creates strong, stable demand from well-paid professionals. The average home price of $1,200,000 reflects premium schools and diverse amenities. The market offers everything from heritage homes in Unionville to modern estates in Cornell. Tech sector job stability often translates to strong mortgage qualification for Markham buyers.
💡 Local Insights

Mortgage Tips for Markham Buyers

Expert advice tailored to the local Markham real estate market.

First-Time Buyers

Older townhomes in Milliken or Unionville offer value with renovation potential.

Min. down payment: $60,000 (5% of avg. price)

Refinancing

Markham's tech professionals often benefit from refinancing to consolidate stock option-based debts.

Investment Property

Student and young professional rentals near York University campus perform well.

Ready to buy in Markham?

Get pre-approved in minutes. No obligation, no credit impact. See what you qualify for today.

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📍 Neighborhoods

Popular Areas in Markham

Unionville
Markham Village
Thornhill
Milliken
Cornell
Cathedraltown
🏦 Local Lenders

Top Mortgage Lenders in Markham

We compare rates from these and 50+ other lenders to find you the best deal.

TD Canada Trust
RBC
HSBC
Meridian
ICICI Bank Canada
❓ FAQ

Frequently Asked Questions About Mortgages in Markham

Do tech workers get mortgage advantages in Markham?

Tech professionals often have higher incomes and stable employment, leading to strong qualification. Some lenders offer preferred rates for employees of major tech firms. Stock options and RSUs can sometimes be used to strengthen applications.

Get the Best Mortgage Rate in Markham

Work with a local mortgage expert who understands the Markham market. We compare rates from 50+ lenders to save you thousands.

✓ Free, no-obligation quote ✓ No credit impact ✓ 50+ lenders compared

Verico MortgagePal Inc, Mortgage Brokerage Lic#12685. Regulated by the Financial Services Regulatory Authority of Ontario (FSRA).