253 Markham Road Condos

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK

Toronto is Canada’s largest city and primary economic engine, now home to over 3.37 million residents. To address this unprecedented expansion, the province has mandated a target for Toronto to build 285,000 new homes by 2031. However, latest 2026 industry projections confirm a persistent “supply gap,” with a forecasted shortage of over 100,000 homes by the end of the decade. 253 Markham Road Condos is a critical master-planned response to this demand, situated in the heart of Scarborough Village. As a collaboration between the City of Toronto and CreateTO, this six-acre redevelopment aims to reintegrate underutilized lands into a vibrant residential node, offering a mix of attainable ownership and co-operative rental housing to ensure long-term asset stability in a high-growth sector.

CONNECTIVITY & TRANSPORTATION

253 Markham Road Condos offers exceptional regional connectivity. Residents are located just 5 minutes from the Eglinton GO Station, providing a seamless commute to Union Station in Downtown Toronto in less than 30 minutes. The site is also roughly 10 minutes from Kennedy Station, a major multi-modal hub for the Bloor-Danforth Subway (Line 2) and the newly opened Eglinton LRT (Line 5), which officially launched on February 8, 2026. For motorists, the development is strategically located approximately 10 minutes from Highway 401 (via Markham Road), connecting residents to Highway 404 and the Don Valley Parkway. This multi-modal access ensures that the community remains highly accessible to the broader Greater Toronto Area.

LOCATION ADVANTAGES OF 253 MARKHAM ROAD CONDOS

Ideally situated at the corner of Markham Road and Dunelm Street, this master-planned community is perfectly positioned for all shopping and recreational needs. Residents have quick access to big-box retailers including Metro, Walmart, Home Depot, Canadian Tire, and the LCBO, and are just 10 minutes from Scarborough Town Centre, the largest shopping destination in the east end with 250+ shops. The location is also strategic for the academic community, situated only 12 minutes from the University of Toronto – Scarborough Campus, home to over 14,000 students. For leisure, residents are less than 15 minutes from breathtaking views of Lake Ontario at Scarborough Bluffs Park, Bluffer’s Park Beach, and South Marine Park, all while being anchored by a new 1.1-acre public park on-site.

THE REPUTABLE DEVELOPER BEHIND 253 MARKHAM ROAD CONDOS

The project is being developed by Options for Homes, Canada’s largest non-profit developer, with over 25 years of experience building high-quality communities across the GTA. They are renowned for their “Options Ready” program, which has helped thousands of families achieve homeownership through down payment support. For The Cedars, they have designed a multi-phase community featuring approximately 783 units across towers and townhomes. Their commitment to quality construction, community-led governance (including co-operative rental options in Phase 1), and sustainability provides investors and homeowners with unwavering confidence in the long-term value and social impact of this landmark Scarborough development.

253 Markham Road Condos Quick Facts*

Developer: Options for Homes & CreateTO
Address: 253 Markham Road, Scarborough
Nearest Intersection: Markham Rd & Dunelm St
Pricing: Anticipated to Start From The $400’s
Occupancy: Anticipated for 2023
Storeys / Suites: 2 Towers – 18 & 19 Storeys / 640 Suites Total + 10 Blocks of 3-Storey Townhomes
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structure: TBA
Incentives: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: TBA