Real Estate Lawyer in Newmarket

Newmarket has no municipal land transfer tax. On a $950,000 home, Ontario land transfer tax is $15,475, and an eligible first-time buyer can receive up to $4,000 back. In the City of Toronto, the same home would also carry a municipal tax of $15,475. Our land transfer tax guide shows how each bracket is calculated.

Newmarket has a Heritage Conservation District on Lower Main Street South under Part V of the Ontario Heritage Act, and the Town requires a heritage permit to alter or demolish a property in the district or a designated property (see the Town of Newmarket heritage pages). If you are buying a character home near Main Street, we check whether it is designated or inside the district before you plan any changes.

Newmarket is in the area of the Lake Simcoe Region Conservation Authority, which regulates development near watercourses, valley lands and wetlands. The Authority says a permit is needed only if the property is in a regulated area, and the Town may still require its own approvals (see the Conservation Authority permit page). We raise these limits before you commit to an addition or a pool.

The Town says all additional residential units in Newmarket must be registered, after the building permit and final inspection (see the Town of Newmarket page). If a home you are buying has a second unit, we ask for the permit, inspection and registration records so you know whether the unit is legal.

A townhome can be freehold or part of a condominium corporation, and the difference changes what we review. For a condominium townhome we read the status certificate, the reserve fund and the monthly fees. For a freehold townhome we check title, easements and any shared driveway or maintenance arrangements.

For a new condo, you generally have 10 days after receiving the disclosure statement and signed agreement to cancel, and we use that window to review the agreement. For a new home, we check that the Tarion warranty paperwork is in order. See our Tarion warranty guide and our pre-construction condo service.

Our only office is at 6201 Highway 7, Suite 10, in Vaughan. We act for clients across Newmarket from there.

Amar Sarkaria or Kabeer Sethi looks after your file from the first call to closing day.

We provide our fee during your consultation, before you sign the retainer.

Whether we meet at our Vaughan office or handle parts of your file another way depends on your matter. We explain the options at your consultation.