Apartments For Sale In Newmarket

Condos for Sale in Newmarket: Embrace Low Maintenance and Urban Lifestyle

A town like a mini city, with a friendly community, affordable homes, good schools, hospitals, parks, and shopping malls. The region offers excellent job opportunities and is conveniently located near major cities that provide ample employment opportunities. Is this what you need in the town of your new house? Then, Newmarket, a town in the York region, is something you shouldn't overlook. If you are strictly focused on staying within your budget, consider affordable homes, such as condos for sale in Newmarket.

The MLS of our website is updated several times a day, and here is the update from Newmarket condos for sale at this moment.

Market Trends of Newmarket Condos

Condos for sale in Newmarket have an average listing price of $ 591,017 . With an average of 29 days on market, they make around 10% of the total listings. The table shows the average sold price, absorption rate, and market status of condos for sale in Newmarket since January 2025.

Months	Average Sold Price	Number of days on Market	Absorption Rate	Market status
Jan'25	$5,98,625	98	36.36%	Buyer's Market
Feb'25	$5,64,000	19	30.77%	Buyer's Market
Mar'25	$5,63,000	18	26.32%	Buyer's Market
Apr'25	$5,92,063	28	33.33%	Buyer's Market
May'25	$6,03,580	47	16.67%	Buyer's Market
Jun'25	$5,74,900	38	58.82%	Balanced Market
Jul'25	$5,61,625	29	29.63%	Buyer's Market

Most of the condominiums in Newmarket are priced between $500,000 and $700,000. But there are entry-level condos that start at $400,000 and luxury ones between $800,000 and $1.5 million. However, the average sold price remained between $550,000 and $625,000 during the first and second quarters of 2025.

The condo market insights of Newmarket indicated a seller's market during Q4 of 2024. But it took a turn and reached the buyer's side in Q1 2025. However, by the end of Q2 2025, the market is balanced, favouring both buyers and sellers.

The city is under Ontario's 'Places to Grow' plan. As a part of it, pre-construction properties are looming large in the neighbourhoods, and the recent pre-construction condo projects suggest a price range of $700 to $900 per square foot.

As of August 2025, Newmarket condos had an appreciation rate of +16.38% over 5 years and +90.25% over 10 years. The year-to-date growth is +16.40%, ensuring strong returns for investors.

A Deep Look Into a Condo Life in Newmarket

Advantages of Condo Living at a Glance Compared to Other Housing Types

Affordability Compared to Other Housing Types

Among the different types of houses for sale in Newmarket, single-family detached homes dominate, making up 60%. However, most houses for sale start around $1 million, and if it is a townhouse, the price is typically around $800,000. But if you look at the condos, they are in the range of $400,000. This doesn't mean that all condos are cheaper than a detached home, a semi-detached home, or a townhouse. Some luxury condos cross a million. 

Property Type	Average Listing Price	Active Listings
Detached Houses	$ 1,388,013	215
Semi-Detached Houses	$ 890,612	41
Townhouses	$ 852,261	56
Apartments / Condos	$ 591,017	33

Lower Initial and Final Costs

Another positive side of this lower price range is the lower upfront costs. If the property you buy is valued below $500,000, you must pay 5% of the purchase amount as the down payment. If the amount is between $500,000 and $1.5 million, the down payment is 5% on the first $500,000 and 10% of the remaining amount. If the house costs you more than $1.5 million, the minimum down payment is 20%. With the majority of apartments for sale in Newmarket falling below the price range of $500,000, the buyer can keep the initial upfront costs lower than those of affordable choices in other residential types.

Convenient Condo Living

Every condo building aims to enhance the quality of life of its inhabitants. They include amenities such as fitness centres, gyms, party rooms, meeting halls, rooftop terraces, social spaces, indoor or outdoor pools, pet-washing stations, guest suites, parking, and concierge services. These facilities, along with a 24/7 security system, make condo living a perfect choice not only for young people but also for seniors and families with children. Sharing these amenities fosters a sense of community and reduces the financial burden. 

Reduced Responsibilities

The condo maintenance fee takes care of your exterior maintenance. The exterior of your building structure, such as the facade, roof, windows, hallways, and elevators. The garden upkeep, lawn care, and, in winter, snow removal. No need to worry about the cleaning and staff of the gym, pool, etc. A portion of the condo fee is reserved for future maintenance and repair needs. This can be like a major repair, such as roof replacement. As the condo fee has a shared cost model, the total expenses will be shared among all unit owners. This mitigates the financial burden and stress compared to freeholds.

Why Newmarket Rather Than Any Other City?

The City's Location Is a Gateway to Opportunities

Newmarket is located in the York region's growth corridor. Markham, with a thriving tech hub in the GTA, is a 30-minute drive from Newmarket. And the financial capital, Toronto, can be reached in an hour. This proximity to other regions opens up opportunities for citizens to explore jobs within the town and in major areas around.

The city is located along Highway 404, connecting it with Toronto and other parts of the GTA. Public transportation in York Region includes York Region Transit (YRT), VIVA Rapid Transit, and GO Transit. The nearest airport is Toronto Pearson International Airport.

Education and Healthcare System

A significant criterion for families with children while looking for a house is a property close to top schools. Newmarket has public, Catholic, and private schools. The school boards are the York Region District School Board and the York Catholic District School Board. New Market High School, Sir William Mulock Secondary School, and Sacred Heart Catholic Secondary School are the major schools in the locality. If you are looking for a private school for your child, Newmarket has them, too. Pickering College (co-ed), Innova Academy (co-ed) and St. Anne's (all-girls) are the notable ones.

The healthcare facility is an important factor to be considered while purchasing condos, especially for growing families and retirees. The major hospital in Newmarket, Ontario, is the Southlake Regional Health Centre. It is a full-service hospital at 596 Davis Drive. Numerous private clinics also serve the city.

Where Can I Go Shopping in Newmarket?

The condominium owners of Newmarket have a lot of commercial spaces for shopping and making purchases. If you are looking for a complete mall for clothing, household and electronics, set your directions to Upper Canada Mall at 17600 Yonge Street. The city has several grocery options, such as Nature's Emporium at 16655 Yonge Street, Farm Boy at 18075 Yonge Street, and a Costco north of Newmarket. A new Costco is opening in Newmarket this year. If you are someone from Asia, the Middle East, Ukraine, Mexico, or another country looking for ethnic groceries? Newmarket has numerous stores selling ethnic products and ingredients. Nature's Emporium is exclusively for organic products, and the farmer's market is everyone's choice for fresh produce.

Entertainment and Outdoor Activities

• The Ray Twinney Recreation Complex, at 100 Eagle Street West, features two arenas, an indoor pool, and a swimming club called the Newmarket Stingrays.
• Riverwalk Commons, located at 200 Doug Duncan Drive, features a skating and water feature that transforms into an ice rink during the winter.
• The George Richardson Park trail is along the banks of the Holland River. The park is 74 acres and is located in north Newmarket. Ideal for hiking, picnics, and bird watching.
• Wesley Brooks Conservation Area is an ideal weekend destination for nature lovers. It is located near the intersection of Main Street and Gorham Street.
• Looking for a modern play area for your children? Then, All Our Kids (AOK) Play Park, 535 Timothy Street, is where you should go. This place is devoted not only to children, but also has ample walking paths for adults to enjoy.
• The town has two spray pads, namely the Dr. Margaret Arkinstall Spray Pad and the Frank Stronach Spray Pad.
• Elman W. Campbell Museum at 134 Main Street South has permanent and temporary exhibits that portray the heritage of Newmarket. This wheelchair-accessible museum offers special programs for students and other groups.
• The Newmarket Seniors' Meeting Place (NSMP) at 474 Davis Drive provides recreational and social opportunities for people aged 55 and above. They may be involved in activities such as learning a new skill or simply spending time chatting with friends.

Are Newmarket Condos for Sale Right for You? 

Families with Children

How can a parent choose a neighbourhood that is far away from the top schools in the town? They do check whether the neighbourhood is family-friendly and has amenities around. Gathering all these together, the regions around Davis Drive and Gorham-College Manor are well-suited for raising children.

Retirees

A mature neighbourhood close to healthcare and senior gathering spaces is what you need to enjoy retirement life. Condos for sale in Central Newmarket or Armitage Village offer this with the advantage of ease of maintenance. Sometimes, the homes you like may appear too expensive. You can look at the costs of recently sold properties of a similar kind in your neighbourhood and determine whether you are being priced too high.

Professionals and Commuters

Being close to public transportation or major roads is often unavoidable for those who travel for work. Newmarket condos in Downtown and along Yonge Street offer proximity to public transit. The region has an urban living environment with shopping malls and restaurants within walking distance.

Investors

The city's rental market has a huge demand among professionals, commuters, and students. The central Newmarket area, with new condo developments near transit corridors, has strong rental demand. The Eagle Street Corridor, adjacent to Southlake Regional Health Centre, is in demand by healthcare professionals, and the region has a steady rental demand. This is what the rental properties in Newmarket are going to cost you.

First-Time Home Buyers

Young families and first-time buyers can make use of government incentives and special privileges to make home buying more affordable. Reading blogs on real estate can provide a clearer understanding of the home-buying process. You can calculate your monthly budget, including the cost of this new home, using a mortgage calculator. Depending on your budget, you can attend open houses in family-friendly neighbourhoods or downtown areas. Otherwise, you can choose a more affordable region in the northern suburbs, such as Kirkpatrick Woods and parts of the Wesley Brooks district.

Home-Ownership Journey Begins Here

Condos for sale in Newmarket include resale and pre-construction condos. People of all ages and professions can choose this region due to its numerous amenities, including schools, job opportunities, hospitals, and reliable transportation. The cost of the Newmarket condos is also extremely affordable, offering luxury and entry-level options for those looking for such types. The market trends are in balanced condition with rich inventory, and the properties have shown steady appreciation over the years. So, if you are ready to make a move, arrange your funds, contact a realtor, and start attending Newmarket open houses. Our team is here to assist you if you need a professional hand in your real estate journey.