Commerce Valley Community

• Markham Real Estate

Commerce Valley

Divided by Vanhorn Park, Commerce Valley is a community that offers the perfect balance of residential and business space. The west side of the community is primarily residential, with a variety of condos, apartments, and townhouses that cater to the needs and preferences of its diverse population. Meanwhile, the east side of the community is home to a thriving business district, with many high-tech companies such as AMD located in the area.

Community Overview

Nestled in the southern western part of Markham and bordered by the Doncrest and Beaver Creek Business Park community of Richmond Hill to the north, the Commerce Valley community exudes a vibrant and thriving atmosphere. This narrow strip of land, flanked by Highway 7 and Highway 407, with Highway 404 to the east and Bayview Avenue to the west, is a beacon of diversity, with a population that spans generations and ethnic origins.

1. Housing:

At the heart of this dynamic community lies a residential landscape that mostly features condos and apartments, with townhouses accounting for 12% of sales. These properties, boasting 2 bedrooms, are highly sought after by a dynamic population, with 63% of households having relocated within the past 5 years and 22% having done so within the past year. The community has a high rate of homeownership, with 76% of residents owning their homes and 24% renting.

From MLS listings, in the past 90 days, Commerce Valley Markham3 Town homes on average of $1,461,000; 35 condos on average of $680,943.

2. Demographic:

In this community, families with children make up 30% of households, while couples without children make up 26%, and individuals living alone account for 38%. A melting pot of cultures, Commerce Valley has residents hailing from 67 different ethnic origins, with 80% being first-generation immigrants and 17% second-generation.

3. Transportation:

The community is well-connected to public transportation, with 98 transit stops in the area. The majority of residents commute by car, with 78% using their vehicles, 15% utilizing public transit, and 4% walking or biking. The community's convenient location close to major highways, including Highway 404 and Highway 407, enables car commuters to easily access downtown Toronto and other cities in the Greater Toronto Area.

4. Recreation:

Residents of Commerce Valley have access to several parks and recreational facilities, with four parks and a total of 11 recreational facilities in the area. Parks in Commerce Valley feature playgrounds for kids and sports parks, making it easy for families to have fun and stay active.

5. Shopping:

Commerce Valley also offers a range of shopping options, including the Commerce Gate shopping center, which is situated in the heart of the community and features a diverse range of dining options. Additionally, plazas such as Time Square, Commerce Gate, and Golden Court, located on Highway 7, offer a variety of ethnic restaurants that cater to the discerning palates of locals and visitors alike. Bayview Glen Plaza, situated on the west side of Bayview, is home to world-renowned retailers such as Best Buy, Walmart, Loblaws, Canadian Tire, Home Depot, and many more.

6. Schools:

Families residing in Commerce Valley have access to excellent educational opportunities, including 10 public schools and 6 Catholic schools. These schools offer a range of special programs, including French Immersion, Advanced Placement, and International Baccalaureate. The community also boasts great elementary and secondary schools, as well as elementary and secondary special programs. St. Robert Catholic High School is one of the high schools in the area with a stellar reputation for academic excellence, community service, and extracurricular activities. Since its establishment in 1975, it has been producing graduates who have gone on to make significant contributions to their communities, including a considerable number who have become teachers themselves.

Commerce Valley is a unique and vibrant community that offers a dynamic residential landscape, an ethnically diverse population, excellent transportation options, a range of shopping and dining experiences, and top-notch educational opportunities. If you plan to move to Commerce Valley or you want to learn more about real estate investment opportunities in Markham, please contact Markham realtor agent Alan Zheng.