Cedar Grove

Market pulse

TRREB Market Watch

Sold vs. original ask

101.4%

of the first asking price

MLS® · live

Resale market data from TRREB. Months of inventory = active listings ÷ monthly sales.

GTA-wide financing context

Economic backdrop

BoC rate

2.25%

Next decision

Sep 2

ODIN forecast

Hold

80% probability

Financing conditions are more likely to stay steady through the next decision, giving the market a clearer payment baseline.

Macro context for financing—not a neighbourhood price forecast.

About this data. Monthly market statistics are sourced from the Toronto Regional Real Estate Board (TRREB) Market Watch report. Metrics labelled “calculated” are derived from MLS® listing data and may differ from official board figures. Figures reflect data available. This information is deemed reliable but is not guaranteed accurate. Content is provided for general information only and does not constitute financial, investment, or real estate advice.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

Cedar Grove Area Guide

AI Generated

Cedar Grove in Markham offers a tranquil suburban experience, appealing to families and those seeking a quieter lifestyle with convenient access to urban amenities. This established community is known for its green spaces and residential feel. The recent development in Cedar Grove has focused on family-friendly townhomes, making it an attractive option for first-time buyers and those looking to upsize.

Family-Oriented Living — The neighbourhood's character and the type of recent developments cater well to families looking for spacious living options outside the downtown core.
Townhome Focused Development — The Smart Towns project, featuring 199 townhouse units, indicates a clear trend towards multi-storey homes in the area.
Accessible Price Point — With units ranging from $774,990 to $989,990, Cedar Grove offers a more attainable entry point into the Markham market.
Developer Sold Out Status — The rapid sell-out of the Smart Towns project highlights the strong demand for new construction in the Cedar Grove neighbourhood.