295 Brimson Drive – Newmarket, Ontario

Sold — $869,000 (Asking price)

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About Newmarket

Newmarket is a town in York Region in the Canadian province of Ontario located north of Toronto. It is part of the Greater Toronto Area and Golden Horseshoe of Southern Ontario. In the Canada 2011 Census, the municipal population of Newmarket was 79,978. The current population is 85,920. It is the regional seat of York Region. Many Newmarket residents commute to Toronto and its surrounding communities. Some of Newmarket's most noticeable landmarks are the Upper Canada Mall, Southlake Regional Health Centre, the Main Street Heritage Conservation District, the Fairy Lake Conservation Area, as well as many other parks and recreation areas.

In 2013, MoneySense magazine ranked Newmarket 10th out of 200 cities in Canada, and 4th out of the "Top 10 Small Cities" in Canada in its "Canada's Best Places to Live in 2013".

In 2005, the average household income in Newmarket was $96,680.00, exceeding the provincial average for the same year of $77,967.00.

The current population of the town is 85,920. The York Region Planning Department projects a population of 98,000 by 2026. Newmarket's population density is just over 2000 inhabitants per square kilometer, ranking the census subdivision it third in Ontario and 33rd in Canada.

Newmarket features a diverse and growing economy based largely in the business services and knowledge industries, and the administrative, manufacturing and retail sectors.

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