York Region
Property management in Newmarket
Newmarket is York Region’s centre, with the Region’s headquarters, Southlake hospital, a GO station and rapid bus lanes on Yonge Street and Davis Drive. Many rentals are houses, townhouses and basement apartments, with condos along Yonge and Davis.
- Newmarket by-laws tracked for you
- Rents with their source
- One statement every month
Newmarket in numbers
What renting in Newmarket looks like.
New leases start at the asking rent. CMHC’s averages include tenants who have stayed for years, so they run lower: that gap is why the rent is set with care every time a home turns over.
$2,650
Asking rent for a 2-bedroom apartment in the Toronto area, down 0.7% on a year earlier
Statistics Canada, Q2 2026
$2,384
Average rent paid for a 2-bedroom in purpose-built rentals in Newmarket, long-standing tenancies included
CMHC, October 2025
3.0%
Purpose-built rental vacancy in the Toronto area
CMHC, October 2025
Sources: Statistics Canada, table 46-10-0092-01, updated here every quarter; CMHC Rental Market Report, released December 11, 2025. For the street and the building, ask for a free rental review or estimate the rent.
Local rules
Newmarket rules we watch for you.
City by-laws change. We keep track and tell you what your rental needs.
Local rule
Short stays
A 4% Municipal Accommodation Tax applies to short stays. Check the Town’s current rules before renting for short stays.
Checked Oct 14, 2026
Local rule
Additional units
Basement and other additional units must meet zoning, Building Code and Fire Code rules before they’re rented.
Checked Oct 14, 2026
The province-wide rules apply too, from the Ontario Standard Lease to the yearly rent increase guideline: the Ontario rules we follow.
Neighbourhoods
Where we work in Newmarket.
- Downtown and Main Street
- Stonehaven
- Summerhill Estates
- Woodland Hill
- Glenway
- Armitage
- Bristol-London
- Copper Hills
Near Newmarket but not listed? Ask us.
Local questions
Renting out a home in Newmarket.
Do you manage basement apartments in Newmarket?
Yes, when the unit meets zoning and the Building and Fire Codes. If it hasn’t been checked, we tell you what’s needed before we rent it.
Do you work in the towns near Newmarket?
Yes: Aurora, East Gwillimbury, King and the rest of York Region, as long as we can look after the property properly.
Free rental review
What should your Newmarket rental earn?
Tell us about the property and we’ll come back with a rent range and a plan.
Thanks, your review is on its way.
We'll call or email as soon as we can with a rent range, what we'd fix first and what management would cost.