​​​​​​​Cedarwood is one of Markham’s most diverse and well-established neighbourhoods, offering a mix of detached homes, semi-detached properties, townhouses, and select condo options. Its convenient location, community amenities, and strong value compared to nearby neighbourhoods make it attractive to families, first-time buyers, and investors.

Home Prices and Market Overview

• As of late 2025, the typical listing price for a home in Cedarwood is approximately $1,174,000.

• Recent data shows average sold prices in the $1,046,000 – $1,065,000 range.
  

• Prices in Cedarwood generally remain more affordable than the overall Markham average, making it a desirable option for buyers looking for value.

• The neighbourhood offers steady inventory, including detached homes, townhomes, and select condo units.
  
  

Buying in Cedarwood

Cedarwood provides a variety of options for buyers:

• Spacious detached and semi-detached homes are ideal for families wanting more room.

• Townhouses and condos offer more accessible price points for first-time buyers or those downsizing.

• The neighbourhood attracts a balanced mix of families and professionals due to its proximity to schools, parks, shopping, and major roads.
  
  

Selling in Cedarwood

For homeowners considering selling:

• Homes in Cedarwood typically sell within several weeks, supported by stable demand in the area.

• Properties that are priced competitively tend to attract strong interest, especially detached homes and townhouses.

• The neighbourhood’s value relative to other parts of Markham can make listings appealing to a wide range of buyers.
  
  

Renting in Cedarwood

Although the community is primarily owner-occupied, rental opportunities do exist:

• Rental availability fluctuates but can include basement apartments, townhomes, and occasional condo units.

• Rental prices remain competitive compared to surrounding Markham neighbourhoods.
  
  

Pre-Construction and Investment

• Cedarwood is a mature neighbourhood, and while active pre-construction projects within the community are limited, surrounding areas in Markham often offer new developments.

• Investors may find long-term potential in purchasing existing homes or townhouses, given steady demand and the area’s continued growth trajectory.