Cathedraltown is a 200-acre town in the city of Markham,Ontario, Canada, located at Major Mackenzie Drive and Highway 404. The community gains its name Cathedraltown because it is landmarked by the Cathedraltown of the Transfiguration.
The community is divided into two parts. The part east of Woodbine Ave is centered around Hazelton Avenue. This part of the community existed first before the newer part west of Woodbine Avenue. The community west of Woodbine Avenue is the heart of the community as it is centred on the Cathedral.
One of the main developers of the Cathedraltown neighbourhood is Monarch (A Taylor Woodrow subsidiary in Canada). They have built most of the homes in this neighbourhood, with the first and second phases already completed. The condominium complex (composed of towers and townhomes) located within this community also began in 2012.
There are different types of housing offered in this neighbourhood, from 2-storey townhomes, 3-storey townhomes, semi-detached homes, to fully detached homes all in varying sizes (approx. 1500sq.ft. to 4000 sq.ft.). A condominium complex composing of 4-5 storey tall condo towers and condo townhomes are being constructed on the north-west side of the Cathedral, with construction commencing in 2012.
Housing values at Cathedraltown is higher than many-to-most parts of Markham. Townhomes in this neighbourhood starts from high-end $500,000s CAD and fully detached reaching high-end $900,000s CAD near $1,000,000 CAD according to Toronto Real Esate Board of Canada. This is due to the use of innovative design and convenient location of the neighbourhood.
The community exemplifies many elements of New Urbanism, including offering a range of residential units, the use of rear laneways and traditional Georgian architecture, as well as the prominence of institutional buildings.
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