Real Estate for Sale in Cedar Grove, Markham, ON

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Neighbourhood in Markham

Cedar Grove

family-friendly suburban quiet

Cedar Grove is a quiet neighbourhood in Markham, Ontario. It features a mix of residential homes and green spaces, making it suitable for families.

Median home price is $852,900 Majority of homes are single-detached High median income of $119,707 Family-friendly with parks and playgrounds Good school rating of 7.9

At a glance

Photo of 47 Saigen Lane
For SalePower of Sale
Listed for:

Listed 8 days ago

$852,900

47 Saigen Lane

Markham (Cedar Grove), ON L6B 1R2

3 + 1Bedrooms
3Bathrooms
1Garage
1.5K-2KSq Ft

Freehold TownhouseFor Sale

Photo of 111 Carneros Way
For SaleMotivated Seller
Listed for:

Listed 10 days ago

$895,000

111 Carneros Way

Markham (Cedar Grove), ON L6B 1R2

4Bedrooms
3Bathrooms
2Garage
1.5K-2KSq Ft

Freehold TownhouseFor Sale

Photo of 65 Carneros Way
For SalePrice Reduced
Listed for:

Listed 23 days ago

$838,000

65 Carneros Way

Markham (Cedar Grove), ON L6B 1R2

3Bedrooms
3Bathrooms
1Garage
1.5K-2KSq Ft

Freehold TownhouseFor Sale

Day to dayLivability

7.9

Schools near listings

out of 10 · averaged over 367 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$852,900

22% below Markham 18% above Ontario

In Cedar Grove

$852,900

In Markham

$1,088,800

In Ontario

$719,900

Median monthly rent

In Markham

$2,500

In Ontario

$2,500

On the marketMarket snapshot

For sale

3

Median $852,900

Houses 3

For rent

0

Recently sold

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Recently leased

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Market data as of 2026-10-08. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

  • Strong community with a high ownership rate
  • Diverse population with many immigrants
  • Access to parks for outdoor activities
  • Close-knit family environment

Keep in mind

  • Limited rental options available
  • Few amenities like restaurants and cafes
  • Commute primarily by car

The feel of the placeLifestyle

Daily life in Cedar Grove is peaceful, with families enjoying local parks. Residents appreciate the suburban feel and community atmosphere.

Great for families first-time buyers those seeking a quiet lifestyle

Within the boundaryWhat's nearby

The boundary

10.9 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

4

Parks

2

Playgrounds

1

Grocery stores

Counted across all 10.9 km² of Cedar Grove. From OpenStreetMap, as of 2026-10-12.

The peopleWho lives here

26,202

Population (2021)

22.7 km²

Area

1,154

People per km²

37.3

Median age

$119,707

Median income

81%

Own their home

3.7

People per household

7,120

Households

Every age

  • Children (under 15)19.6%
  • Working age (15–64)68.3%
  • Seniors (65+)12.1%

What is built here

  • Detached houses65.5%
  • Semi-detached11.4%
  • Townhouses7.3%
  • Duplexes6.9%
  • Low-rise apartments1.5%
  • High-rise apartments7.4%

Own or rent

81%Owners

19%Renters

Across 7,120 households

When it was built

Mostly 2006–2010

  • 1960 or earlier1%
  • 1961–19801%
  • 1981–19904%
  • 1991–200012%
  • 2001–200518%
  • 2006–201036%
  • 2011–20158%
  • 2016–202119%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

58.6%
Born outside Canada
33.8%
Hold a degree or higher
54.7%
Employment rate
7.3%
Commute by transit
88.9%
Commute by car
1.9
Children per family
$105,095
Median income after tax
$136,300
Average household income
7.4%
Living on a low income
$2,171/mo
Renters pay, per month
$2,436/mo
Owners pay, per month
$1,090,063
Median home value at census
47.4%
Renters spending 30%+ of income on housing
31.5%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 7 census areas around the listings we hold here. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Through September 2026 Thin sales history — read the monthly counts

What homes in Cedar Grove actually sell for

12 homes changed hands in Cedar Grove over the 12 months to September 2026. Half sold above $903,200 and half below, 17.9% lower than the 12 months before. A typical home found its buyer in 35 days — 30 days quicker than a year ago.

Median sold price
$903K
-17.9% year over year
Days to sell
35
30 days quicker
Sales closed
12
last 12 months
Per square foot
$454
from 12 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

What buyers actually paid

$1,029,500

on a $1,000,000 asking price — over ask by $29,500

−10%Asking price+10%
Of the asking price
103.0%
Sold over asking
41.7%

From 12 sales that closed here in the last 12 months.

Rent or buy in Cedar Grove

25.5 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$903,200

12 sales

Median rent

$2,953/mo

28 leases

Gross rental yield

3.92%

before costs

Both figures come from deals that actually closed in Cedar Grove over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

Every month behind these charts — Cedar Grove, sales
Monthly closed sales in Cedar Grove
MonthClosedMedianMiddle halfDays% of ask
Sep 20261 Not enough sales this month to report a median
Aug 20262 Not enough sales this month to report a median
Jul 20263 Not enough sales this month to report a median
May 20262 Not enough sales this month to report a median
Apr 20261 Not enough sales this month to report a median
Mar 20261 Not enough sales this month to report a median
Jan 20261 Not enough sales this month to report a median
Oct 20251 Not enough sales this month to report a median
Sep 20251 Not enough sales this month to report a median
Jul 20251 Not enough sales this month to report a median
Jun 20251 Not enough sales this month to report a median
Apr 20251 Not enough sales this month to report a median
Jan 20251 Not enough sales this month to report a median
Jun 20243 Not enough sales this month to report a median
May 20241 Not enough sales this month to report a median
Apr 20244 Not enough sales this month to report a median
Mar 20241 Not enough sales this month to report a median
Dec 20232 Not enough sales this month to report a median
Oct 20231 Not enough sales this month to report a median

19 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about Cedar Grove

How much does a home cost in Cedar Grove?

Homes in Cedar Grove sold for a median of $903,200 over the 12 months to September 2026, across 12 closed sales — half sold for more and half for less. That is 17.9% lower than the 12 months before it.

How long does it take to sell a home in Cedar Grove?

A home in Cedar Grove took a median of 35 days on the market over the 12 months to September 2026. Homes there closed at 103.0% of the asking price on average, with 41.7% selling over asking.

How much is rent in Cedar Grove?

The median lease in Cedar Grove closed at $2,953 a month over the 12 months to September 2026, across 28 leases.

Is it cheaper to rent or buy in Cedar Grove?

A home in Cedar Grove costs about 25.5 years of the rent on one — the median price of $903,200 against a median rent of $2,953 a month, a gross yield of 3.92%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in Cedar Grove on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.