Newmarket Real Estate Information

  • By: mvadmin
  • Date: October 31, 2021
  • Time to read: 2 min.

A town about a 30-minute drive north of Toronto, Newmarket real estate offers some great opportunities.

About Newmarket

Newmarket is about a 20-30 minute drive north of Toronto and is sometimes the gateway to cottage country. The population is around 80,000 as of 2011. Many Newmarket residents commute to Toronto and its surrounding communities. It’s a short drive west to the 400 or east to the 404 Highways. Over the next decade, it’s expected to have an all-day Go Train service as well.

Newmarket’s history can be traced to a portage route between Lake Ontario and Lake Simcoe in the early 1700s. Over the years, it gained a sizable population from Quaker families who had left their homes in Vermont and Pennsylvania ahead of the American Revolution. It later played a central role in William Lyon Mackenzie’s Rebellion of 1837.

As well as Go Train service, Newmarket is served by York Regional Transit and the Viva bus network, including a rapid bus service now under construction.

In 2013, MoneySense magazine ranked Newmarket in its “Canada’s Best Places” feature number 10 out of 200 Canadian cities and 4th in their Top 10 Small Canadian Cities.

Website: Newmarket.ca

Newmarket Advantages

  • Green community LEED Platinum subdivision and with 44km of trails
  • Healthcare at the Southlake Regional Health Centre
  • Easy access to all major highways, a skilled workforce and supportive business environment
  • Low crime rates
  • Over 6,500 recreation programs and more than 300 special events
  • Advanced transit network currently under construction

Newmarket Real Estate

Real Estate Outlook

  • For houses, Newmarket is the 72th most expensive in Ontario with a average price of $750,000 (June 2016); the median for Ontario is $369,900 as of June.

Links: newmarket.realestatebay.ca, canadianrealestatemagazine.ca

In The News

Brokers and Real Estate Agents Newmarket

Newmarket Real Estate Lawyers

Newmarket Real Estate Listing Sites

Looking to buy a bit further north? See the Barrie real estate page.

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