Springwater

About Springwater

Springwater is a new low-rise community of detached homes and townhomes planned for the Markham area in Markham. The community is being developed by Mattamy Homes. Occupancy for later phases is expected in 2027 or later. The community is described as markham master community. Residents will be positioned near Downtown Markham and Unionville Historic Main Street.

Springwater offers detached homes and townhomes within an established municipal context in Markham, providing a freehold-ownership alternative to condominium living. The community is described as markham master community. Mattamy Homes is known for the Cornell master-planned community in Markham, Preserve West and North Oakville communities, and multiple GTA townhome and single-family developments. Buyers researching the community should review the developer's site plan, lot sizes, floor plans and standard specifications, as elevations, model availability and finishes can change between phases.

Living in Markham

Springwater is located within the Downtown Markham, Unionville, Milliken and Cornell areas. Markham is one of Canada's fastest-growing municipalities, known for its technology employment corridor along Highway 404 and its heritage main street in Unionville.

Transit access includes Finch Station on Line 1 (Yonge-University), plus York Region Transit and Viva BRT service along Highway 7 and Highway 404 and GO Transit Stouffville line service at Unionville, Centennial, Markham and Mount Joy stations.

Nearby destinations include Downtown Markham (a new master-planned urban centre with offices, retail and residential); Unionville Historic Main Street (a 19th-century high street on Main Street Unionville); Markham Pan Am Centre (a public recreation facility with an aquatic centre); the Aaniin Community Centre and Cornell Community Park (anchoring east Markham). Markham hosts one of Canada's largest technology employment clusters, with IBM Canada, Motorola, Huawei and other tenants along the Highway 404 corridor.

Buyer and Investment Considerations

Springwater may appeal to families and end-users seeking single-family ownership in Markham. The community draws on the Highway 404 technology corridor, Downtown Markham office towers, and downtown Toronto access via the Stouffville GO line.

Buyers should review lot sizes, standard finishes, upgrade pricing, deposit structure and any Parcel of Tied Land (POTL) fees before committing. Freehold ownership does not include the same amenity or service model as a condominium, so shared road maintenance, snow removal or private common elements should be understood in advance. Property tax rates and school catchments differ across the GTA and should be confirmed as part of the diligence process.

From an investment perspective, low-rise freehold product has historically shown different pricing behaviour to high-rise condominiums. Buyers should compare the community against nearby resale listings, upcoming resale supply and other pre-construction low-rise communities in Markham. Future value will depend on the final purchase price, lot type, standard specifications, upgrade decisions and the broader housing market at time of resale.

About Mattamy Homes

Mattamy Homes is a Toronto real estate developer founded in 1978 focused on low-rise, mid-rise and master-planned community development across Canada and the United States. The company is known for the Cornell master-planned community in Markham, Preserve West and North Oakville communities, and multiple GTA townhome and single-family developments. Mattamy is one of the largest privately owned homebuilders in North America. For buyers evaluating Springwater, the company has extensive experience with master-planned suburban communities and family-oriented product.

Springwater Pricing and Floor Plans

Pricing, lot availability and floor plans for Springwater are set by the builder and can change as models release or reprice between phases. Contact CondoWizard for the current price list, available lots, standard specifications and any purchaser incentives.