Real estate developments keep growing in the Markham area, and with a great focus on technology the city features many offices space options for entrepreneurs of all types. There are both executive suites in the downtown area and offices for those that are looking for smaller options. Small spaces abound and are competitively priced for a city the size of Markham. The office space vacancy rate in Markham has recently hovered around 8%, which provides many opportunities to explore for all business sizes and types. A recent survey of available options yielded prices starting at around $500 - $600 a month for smaller private offices. Larger Markham office spaces exist as well with 1,000 square feet at around $1 - $4 a square foot (although the average rents change often), and often tied with several amenities including free internet access and much more. The ideal Markham office space has extra amenities for any sized company (from 5 to 100 employees). We offer a free service to all renters who need to rent an executive suite or a commercial property. Call us or view our listings online where we offer photos, details, maps and more. These professional and private locations are ideal or banks, cpas, lawyers, real estate agents, marketing firms, and more. We also offer serviced office suites in Vancouver, Montreal, and Quebec.
The city of Markham is a city located in the province of Ontario, Canada. It is the largest town in Canada and has been noted to be one of the fastest growing areas in recent years. In the last 20 years the area has seen a major boom with a major increase in population, including a doubling in residents since 1990. The population has been estimated at around 261,573. The area was founded in 1793 and has been a major part of the Ontario province for quite some time. Originally a small community, the area has grown with a focus on high technology in recent years. To learn more about the office space market in Markham - or any other market - please read our commercial office space articles.
The economy of Markham focuses on several major industries. Some of the large companies in the area include several high technology companies. Some of the companies include IBM, Motorola, Lucent, ATI, and many others. There are also other areas for job seekers to explore including many jobs in the service, health care, education, and manufacturing industries. Despite a wealth of options to explore for those looking for work, the unemployment rate of Markham has been at around 8.7% and has had a slight economical downturn. Analysts and professionals have been optimistic about the changes, and the growth potential for the near future.
The climate is very much the same as the Toronto area. Due in large part to the close proximity of the area to Toronto, the two have very similar temperate climate, with a difference of around 2 degrees cooler. There is a variety of weather patterns, mainly focusing on four seasons with colder winters and warmer summers with mild to mid-level humidity. The area also receives colder weather with snowfall in the area.
The major airport in the area is the Toronto/Buttonville Municipal Airport and is one of the busier airports in the area. It is currently ranked as the 11th busiest airport in the region and helps travelers reach many destinations. There is approximately 154,000 aircraft movements. It is a regional airport with smaller planes, but can connect passengers to larger airports for international travel.
The crime rate of Markham has dropped significantly in recent years, and has a low overall rate. It is lower than the national average, making it a favorable location for those looking for safe, comfortable, “livable” environments in the province of Ontario.