Features
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Price/Sqft Range
1000 sqft - 1199 sqft
Avg Price/Sqft
$636 / sq. ft.
Completed
Built: 2018
Building Scale
Floors: 8 | Total Units: 261
Building Type
Mid-Rise condo
Property Management
Built in 2018
Condo Corp
YRCC-1369
Date Registered
Apr 25, 2018
Air Conditioning
Common Element
Heat
Building Insurance
Parking
Gem2 Condos is an eight-storey mid-rise residential development completed in 2018. The building is registered under condominium corporation YRCC-1369 and was purpose-built for residential use, with no prior history as a commercial or industrial conversion.
The 261-unit building maintains a mid-rise architectural profile and was designed to address housing demand in the Markham area. The project emphasizes functional efficiency and sustainable ownership, positioning itself as a practical choice for the local real estate market.
Gem2 Condos focuses on delivering high-value ownership through strategic cost management. Del Ridge marketed the project with the ambitious claim of offering the "Lowest Condo Fees in Canada," targeting budget-conscious buyers seeking predictable carrying costs.
The maintenance fee structure includes major residential expenses such as heat and air conditioning, providing owners with financial transparency. Additional coverage extends to common elements, building insurance, and visitor parking. This comprehensive approach to fee management creates a competitive advantage for buyers prioritizing stable monthly expenses and long-term investment value.
The Cedarwood and Middlefield area offers a functional urban environment with a walk score of 60, supported by diverse amenities and essential services. The neighbourhood features a notable concentration of halal markets and ethnic dining establishments, reflecting the area's multicultural character.
This family-oriented community benefits from multiple public schools and accessible park spaces, contributing to residential stability and low turnover rates. The area attracts practical homebuyers who value proximity to transit corridors, major retail centres, and everyday conveniences. The combination of affordability and accessibility makes it particularly appealing to first-time buyers and young families.
Del Ridge, operating as Del Ridge Homes Inc., developed the Gem Condos series in Markham with a focus on affordability and sustainable building practices. The company has built its reputation on maintaining low maintenance fees while delivering safe and sustainable residential projects.
Their management philosophy emphasizes long-term financial predictability for owners, achieved through efficient building operations and comprehensive maintenance fee structures. This approach has positioned Del Ridge as a developer committed to creating value-oriented housing solutions in the Greater Toronto Area market.
123 days on market
MLS® # N12949456
Aug 4, 2026
Expired
Apr 2, 2026
Listed For Sale
115 days on market
MLS® # N12930120
Jul 21, 2026
Terminated
Mar 27, 2026
Listed For Sale
25 days on market
MLS® # N12854572
Apr 16, 2026
Sold
Mar 6, 2026
Listed For Sale
129 days on market
MLS® # N12560774
Mar 28, 2026
Terminated
Nov 19, 2025
Listed For Sale
44 days on market
MLS® # N12752710
Mar 20, 2026
Sold
Feb 3, 2026
Listed For Sale
35 days on market
MLS® # N12719886
Feb 27, 2026
Sold
Jan 22, 2026
Listed For Sale
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