Markham Luxury Market Update: 2026
The luxury market operates by its own rules. Here is where prices stand across Markham's prestige communities and what has held value through the correction.
Luxury detached homes in Angus Glen, Cachet, Unionville, and Bayview Glen have corrected 12% to 18% from 2022 peaks. An Angus Glen home that peaked at $4M now transacts around $3.2M–$3.6M. The Pierre Elliott Trudeau Secondary catchment has held value best, supported by a rate-resilient technology and professional buyer pool.
Here is the state of Markham's luxury market in 2026 and the forces shaping it.
Where Luxury Prices Stand
Luxury detached homes in Angus Glen, Cachet, Unionville, and Bayview Glen have corrected 12% to 18% from their 2022 peaks. An Angus Glen home that peaked at $4,000,000 in early 2022 is transacting in the $3,200,000 to $3,600,000 range for comparable properties and conditions. Unionville luxury, on established streets south of Main, has corrected from $3,000,000 to the $2,400,000 to $2,600,000 range for comparable four to five-bedroom detached homes.
| Community | 2022 Peak (illustrative) | 2026 Range (illustrative) |
|---|---|---|
| Angus Glen detached | up to $4.0M | $3.2M – $3.6M |
| Unionville luxury | ~$3.0M | $2.4M – $2.6M |
| Cachet / Bayview Glen | varies | 12%–18% below peak |
Neeraj Moolchandani on the resilience of prime communities
The most prestigious Markham communities corrected less and stabilized faster, because their buyers are less sensitive to interest rates than the broader market.
For sellers in those pockets, accurate pricing to current comparables still produces efficient sales, while pricing to a 2022 peak produces long, conspicuous days on market.
What Is Holding Value
The Pierre Elliott Trudeau Secondary catchment premium has held its value better than any other Markham value driver through the correction, because the buyer pool for this community is a high-income, employment-stable technology and professional cohort whose demand is not rate-sensitive in the way first-time buyer demand is. Prime lots, prestige streets, and superior finish quality continue to command premiums even within the corrected price levels.
Frequently Asked Questions
How much have luxury homes in Angus Glen dropped since 2022?
Comparable Angus Glen luxury homes have corrected roughly 12% to 18% from their 2022 peaks. A home that peaked near $4M now transacts around $3.2M to $3.6M for comparable properties.
Why has the Pierre Elliott Trudeau catchment held value?
Its buyer pool is a high-income, employment-stable technology and professional cohort whose demand is less rate-sensitive, so the catchment premium has held better than any other Markham value driver through the correction.
Is now a good time to sell a luxury home in Markham?
For accurately priced homes in prime communities, yes. These segments have stabilized, and well-presented homes priced to current comparables are selling efficiently, while overpriced homes sit conspicuously.
Your Markham Home Deserves a Precise Valuation
Michael John Lau and the Kaizen Real Estate Team deliver a professional, data-driven Comparative Market Analysis built from the actual sold data moving today's Markham market. No automated estimate. No obligation. Just the honest number you deserve.
