By Irina Marchenkova, Sales Representative, RE/MAX Realtron Realty · Senior Real Estate Specialist (SRES®) · Last updated September 2026
Newmarket is a historic town and one of York Region’s main hubs, north of Aurora. It combines a charming Main Street, family-friendly neighbourhoods, Southlake Regional Health Centre, Upper Canada Mall and good transit, with prices below much of southern York Region.
This guide covers Newmarket’s neighbourhoods, homes and prices, transit, schools, lifestyle and the honest pros and cons.
Neighbourhoods Prices Market Costs Transit Schools Checklist FAQ
Newmarket at a glance
- Where: York Region, north of Aurora along Yonge Street
- Homes: Detached homes, semis, townhouses, heritage homes and condos
- Getting to Toronto: Newmarket GO (Barrie line), Viva rapid transit, Highway 404
- Best for: Families, first-time freehold buyers and healthcare workers
- Big draws: Main Street, Fairy Lake, the Tom Taylor Trail and Riverwalk Commons
Why people choose Newmarket
A real downtown. Newmarket’s historic Main Street is lined with independent shops, restaurants and patios.
Good value for York Region. Benchmark prices sit below Aurora, Richmond Hill and Markham.
Transit and healthcare. Viva rapidways on Yonge Street and Davis Drive, Newmarket GO and Southlake Regional Health Centre.
Trails and parks. The Tom Taylor Trail follows the Holland River through town, connecting parks and Fairy Lake.
Newmarket is one of my favourite suggestions for families who love York Region but want more value. Main Street and the trail system give it a character you don’t find in every suburb.
— Irina Marchenkova
Newmarket neighbourhoods
Popular Newmarket neighbourhoods include:
Downtown & Main Street
Heritage homes and new condos close to Main Street, Fairy Lake and Riverwalk Commons.
Stonehaven-Wyndham & Glenway
Established family neighbourhoods with larger homes, parks and trails.
Summerhill Estates & Woodland Hill
Popular family areas with detached homes and good access to Highway 404.
Armitage & Bristol-London
Established neighbourhoods close to schools, shopping and Yonge Street.
Homes and prices in Newmarket
Newmarket’s housing includes:
- Detached homes from the 1970s to today
- Heritage homes near Main Street
- Semi-detached homes and townhouses
- Condominiums along Yonge Street, Davis Drive and downtown
Newmarket benchmark prices (August 2026)
Here’s how Newmarket compares with York Region and the City of Toronto:
| Area | All homes | Detached | Semi-detached | Townhouse | Condo apt. |
|---|---|---|---|---|---|
| Newmarket | $989,300 | $1,110,700 | $813,100 | $694,800 | $458,900 |
| York Region | $1,089,400 | $1,344,400 | $980,700 | $720,000 | $513,000 |
| City of Toronto | $918,400 | $1,437,900 | $1,127,200 | $717,200 | $547,400 |
Benchmark prices describe a “typical” home and can differ from any individual sale. A typical detached home in Newmarket was benchmarked about $327,000 below the City of Toronto figure in August 2026, and Newmarket’s composite benchmark was down 6.85% year over year. Ask me for recent sold prices on any street.
Thinking of selling? Get a free home evaluation and I’ll show you what comparable homes near you have actually sold for.
Market snapshot
Here’s how many homes sold and at what prices in August 2026, for all home types combined:
| Area | Homes sold | Average price | Median price |
|---|---|---|---|
| Newmarket | 83 | $1,048,321 | $1,000,000 |
| York Region | 971 | $1,179,938 | $1,041,800 |
| All TRREB (GTA) | 5,057 | $993,410 | $850,000 |
Across the whole GTA in August 2026, homes sold for about 97% of their final list price on average and spent an average of 35 days on the market. GTA sales were down 2.1% from a year earlier and the average price was down 2.7%, so buyers have more choice and negotiating room than in recent years. For the latest numbers on a specific street, ask me for a free market report.
What it costs to buy in Newmarket
Land transfer tax
Newmarket is outside the City of Toronto, so buyers pay only Ontario’s land transfer tax, not the extra Toronto municipal tax. Here’s what that looks like at typical prices:
| Example purchase | Ontario LTT | First-time buyer pays |
|---|---|---|
| Detached home at $1,110,000 | $18,675 | $14,675 |
| Condo apartment at $460,000 | $5,675 | $1,675 |
First-time buyers can get a refund of up to $4,000 on the Ontario land transfer tax. You (and your spouse) must never have owned a home anywhere in the world. Land transfer tax is paid on closing, on top of your down payment, so budget for it along with legal fees, title insurance and moving costs.
Property taxes
Newmarket’s residential property tax rate is 0.919% (2026 rate, Town of Newmarket), or about $919 a year for every $100,000 of assessed value. In Ontario, property tax is based on your home’s MPAC assessed value, which is still based on January 1, 2016 values and is usually well below today’s market price. You can find a home’s assessment on its latest tax bill or through MPAC.
| MPAC assessed value | Approximate yearly property tax |
|---|---|
| $400,000 | $3,676 |
| $600,000 | $5,514 |
| $800,000 | $7,352 |
| $1,000,000 | $9,190 |
Getting around
- GO Transit: Newmarket GO station on the Barrie line, with trains to Union Station.
- Viva rapid transit: Dedicated bus lanes on Yonge Street and Davis Drive, with Viva service south to connect with the TTC subway.
- Driving: Highway 404 on the east side, with Highway 400 to the west.
Schools and family life
Newmarket is served by the York Region District School Board and York Catholic District School Board, with French-language options through Viamonde and MonAvenir. Check each board’s school locator for a specific address.
Southlake Regional Health Centre, one of the region’s major hospitals, is in Newmarket.
Child care
Licensed child care in Ontario is far more affordable than it was a few years ago. At centres enrolled in the Canada-wide Early Learning and Child Care program, fees for children under 6 are capped at $22 a day in 2026, and families with lower incomes can apply for a fee subsidy that reduces the cost further. (The long-promised $10-a-day average has not yet been reached in Ontario.)
York Region’s Early Years Program Finder lets you search licensed centres, including those in the reduced-fee program and those offering subsidized spaces, plus EarlyON drop-in centres for young children.
My tip: get on waitlists as early as possible, ideally several months before you move or before parental leave ends, and ask each centre whether it’s enrolled in the reduced-fee program.
- Ontario: Find and pay for child care: search licensed centres province-wide and learn about fee subsidies
- York Region: Child Care Information for Parents: the Early Years Program Finder and fee subsidy information
Parks, shopping and things to do
- Main Street: shops, cafés, restaurants and the Old Town Hall
- Fairy Lake and the Tom Taylor Trail: trails along the Holland River
- Riverwalk Commons: a farmers’ market, concerts and winter skating
- Magna Centre: pools, rinks and fitness
- Upper Canada Mall: the area’s largest shopping centre
Pros and cons of living in Newmarket
Pros
- Charming historic Main Street
- More affordable than southern York Region
- GO train and Viva rapid transit
- Major hospital in town
- Trails and parks throughout
Cons
- Longer commute to downtown Toronto
- Barrie line trains less frequent than some lines
- Car-dependent in newer areas
- Yonge Street and Davis Drive traffic
- Fewer luxury options
Before you buy in Newmarket: local checklist
Every area has its own rules and quirks. Here’s what I check with buyers in Newmarket:
- Conservation areas: properties near the Holland River and its tributaries may be regulated by the Lake Simcoe Region Conservation Authority.
- Heritage properties: homes near Main Street may be in the Lower Main Street Heritage Conservation District.
- Accessory apartments: confirm any basement unit meets Town of Newmarket requirements.
- Condos on Yonge and Davis: review building age, fees and reserve funds carefully.
- Condos: always review the status certificate, reserve fund study and any upcoming special assessments before you firm up an offer.
- Non-Canadian buyers: check the current federal foreign-buyer rules and Ontario’s Non-Resident Speculation Tax before making an offer.
Buying or selling in Newmarket with Irina
I’m a RE/MAX Realtron Realty Sales Representative and Senior Real Estate Specialist (SRES®). Whether you’re buying your first freehold home, moving closer to Southlake or selling to move up, I’ll give you honest, local advice about Newmarket, in English or Russian.
- Buying with Irina: how I help buyers find the right home and negotiate well
- Selling with Irina: pricing, preparation and marketing that gets results
- Pre-construction: new condos and homes across the GTA
- Free home evaluation: find out what your home is worth today
Call or text 416-846-8064 or email irina@loveurlife.ca, or send me a message below.
Newmarket real estate FAQ
Is Newmarket a good place to live?
For families who want York Region schools and amenities at a lower price, it can be. Newmarket has a historic Main Street, trails, a major hospital and GO and Viva transit.
How much does a house cost in Newmarket?
In August 2026, TRREB’s benchmark price for a typical detached home in Newmarket was $1,110,700. Semi-detached homes were around $813,100, townhouses around $694,800 and condo apartments around $458,900.
Does Newmarket have a GO train?
Yes. Newmarket GO station is on the Barrie line, and Viva rapid transit connects to the subway.
Is Newmarket cheaper than Richmond Hill?
Generally, yes. In August 2026, Newmarket’s detached benchmark was $1,110,700, compared with $1,524,300 in Richmond Hill.
Do you pay Toronto land transfer tax in Newmarket?
No. Newmarket is in York Region, so buyers pay only the Ontario land transfer tax.
Useful links
Official sources and local resources I recommend to buyers and sellers (links open in a new tab):
- Town of Newmarket
- Newmarket property taxes
- Ontario first-time buyer land transfer tax refund
- MPAC: look up a property’s assessed value
- Fraser Institute school rankings: compare Ontario school results
- GO Transit: regional trains and buses
- York Region District School Board
- York Catholic District School Board
- YRT / Viva: local and rapid bus service
- Lake Simcoe Region Conservation Authority (LSRCA): check if a property is in a regulated area
- TRREB Market Watch: monthly GTA sales and price data
Explore nearby areas
- Aurora: just south
- Richmond Hill: further south
- Markham: York Region to the south-east
- Uxbridge: to the east
- All area guides: every neighbourhood guide in one place
- Interactive map: see every area on one clickable map