Newmarket Real Estate & Homes for Sale

Newmarket, Ontario

From Wikipedia, the free encyclopedia

Newmarket is a town in York Region located approximately 25 km north of the City of Toronto, Ontario, Canada. It is part of the Greater Toronto Area and Golden Horseshoe ofSouthern Ontario.

In the Canada 2011 Census, the municipal population of Newmarket was 79,978. It is the regional seat of York Region.

Many Newmarket residents commute to Toronto and surrounding communities.

Some of Newmarket's most noticeable landmarks are the Upper Canada Mall, Southlake Regional Health Centre, Historic Downtown area, the Fairy Lake Conservation Area, as well as many other parks and recreation areas.

Newmarket was found to be the second-best GTA municipality in which to live, according to MoneySense Magazine's 2012 "Best Places to Live" report.

Demographics

According to the 2011 census, the town's population was 79,978. 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.

English is the mother tongue of 77.4% of Newmarket residents, according to the 2011 Census. Italian is the mother tongue for 1.8% of the population, followed by French at 1.4%, and Russian and Spanish, each at 1.3%.

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

Economy

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

The following are some of the Town's major public sector employers:

Southlake Regional Health Centre
Regional Municipality of York Headquarters
Town of Newmarket
York Regional Police Headquarters
RCMP Headquarters
York Region District School Board
York Catholic District School Board

The following are some of the Town's major private sector employers:

Allied International Credit
Dortec Industries
Flextronics Renewable Energy
TS Tech Canada Inc.
Global
Slide Master
Pearson Canada
Orchid International
Engineered Air
Cintas

Notwithstanding these major employers, a large percentage of Newmarket's population commutes to Toronto for employment.

Transportation

Newmarket is connected to Toronto by freeway. It is served by two interchanges along Highway 404 and connected to Highway 400 via Highway 9.

Public transit is provided by York Region Transit, which operates the Viva Blue bus rapid transit route from the Newmarket Bus Terminal to the Finch Bus Terminal in Toronto, as well as local and community bus routes. Commuter rail and bus service is provided by GO Transit through the Newmarket GO Station with service south to Toronto and north to Barrie.

Historic Downtown

For over 100 years, the Downtown area has acted as a hub of commerce and cultural activity. Today, this historic area acts as the social and cultural centre of the Town and offers residents and visitors alike numerous shopping and dining options. Recent investments have been made to improve the aesthetics and function of the historic Downtown area. These investments include:

In 2003, Newmarket completed approximately $3 million of streetscape and infrastructure improvements along Main Street South.
In 2009, the Town received $3.4 million from the Build Canada Fund for renovations to the Old Town Hall. These funds will allow a number of major renovations that will restore the cultural landmark to its former glory and provide a new and improved venue for numerous community activities.
In 2010, construction began on a new rapid transit service called vivaNext which will greatly enhance the look and functionality of Yonge Street and Davis Drive. This will provide increased transit options in the Historic Downtown area and provide Newmarket's residential and business community with a convenient, reliable, fast alternative to driving.
In 2011, an urban park called "Riverwalk Commons" was created east of Main Street South, north of Water Street. This park is an innovative multi-use, multi-season recreational and cultural space for community events. This park hosts a pond that converts to an ice skating rink in the winter, a new Community Centre, a dedicated Farmer's Market area, a performance area with canopy, new landscaping and trail extensions connecting the existing Fairy Lake Park and Holland River Trail systems. This space has strengthened the role of historic Downtown as the cultural centre of the community.
In 2011, extensive renovations were completed to the Newmarket Community Centre & Lions Hall, located in the Riverwalk Commons. These renovations included complete external refinishing as well as internal changes to make the facility more accommodating for community programs.
As of March 2012, the Town of Newmarket is in the final stages of establishing a "Heritage Conservation District" for the downtown's Main Street South. This status will protect and officially recognize many of the historic sites and buildings along Main Street.

Education

Public elementary and secondary education in Newmarket is overseen by York Region's two school boards: the York Region District School Board (YRDSB), and the York Catholic District School Board (YCDSB).

The YRDSB operates four secondary schools in Newmarket: Dr. John M. Denison Secondary School, Huron Heights Secondary School, Newmarket High School, and Sir William Mulock Secondary School, in addition to 15 elementary schools.

The YCDSB operates one secondary school in the town: Sacred Heart Catholic High School, and six elementary schools.

Newmarket is also the home of Pickering College, a prestigious private day and boarding school.

The Town also houses a campus of Seneca College.

Geography

Newmarket's geographical coordinates are 44.05°N, 79.46°W, and its elevation above sea level is 239 m. It has an area of 38.33 km². The town is bounded on the south by Aurora, on the west by King, on the north by East Gwillimbury and on the east by Whitchurch–Stouffville.

The main river in Newmarket is the East Holland River (known locally simply as "The Holland River"), and all other streams in the town are tributaries thereto. These include; Bogart Creek, a brook that weaves its way into the Town from the Oak Ridges Moraine by way of Bogarttown, emptying into the Holland River in north-central Newmarket; Western creek, another brook rising just west of the Town, and reaching the Holland River in the Town's north end; Tannery Creek, a stream that joins the Holland River in south Newmarket after flowing through Aurora; and a number of other small watercourses.

There are two reservoirs in Newmarket; Fairy Lake (which is managed by the Lake Simcoe Region Conservation Authority), a favourite recreational area in the centre of town, is a formermill pond on the East Holland River; and Bogart Pond, also a former mill pond, is fed and drained by Bogart Creek in Bogarttown. Furthermore, the water level in the reach of the East Holland north of Davis Drive is controlled from an unfinished Newmarket Canal lock, now used as a weir.

Newmarket also lies south of and above the Algonquin Shoreline, where elevations suddenly drop off from the gently rolling hills that characterize much of Newmarket to the much flatter, lower land down below in the Holland Marsh.

The land itself is characterized mainly by glacial deposits from the last ice age, known as "Newmarket Till". The town is underlain mainly by sand and gravel, ground by the icesheets that covered the area until about 10,000 years ago. No outcrops are to be found anywhere in Newmarket, so deep are the glacial deposits.

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