Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

400 Park Avenue 203, Newmarket, ON L3Y 1V8

1 bed · 1 bath · 1 kitchen · 3 rooms · 1 parking space · 600-699 sq ft · No locker · Laundry in unit · Condo Apartment
$589,999

Also includedCommon Elements · Building Insurance · Parking

Maintenance fee
$683 / month
Property tax
$3,495 / year
Included in the fee
Common Elements, Building Insurance, Parking

Welcome To The King George School Lofts!*This Stunning 1 Bedroom Loft Offers South/West Views Just Steps to Historic Downtown Newmarket, You Truly Can't Beat The Location!*This Beautifully Designed Unit Showcases Soaring 12'8" Ceilings, Rich Hardwood Flooring, Oversized Windows And An Elegant Open-Concept Layout Filled With Natural Light Throughout*The Kitchen Is Thoughtfully Appointed With Quartz Countertops, A Freestanding Centre Island, And Full-Size Stainless Steel Appliances, Making It Ideal For Both Everyday Living And Entertaining*The 4 Piece Bathroom Is Finished With Marble, Adding Another Touch Of Luxury To The Space*Freshly Painted And Loaded With Upgrades, This Unit Includes Automatic Window Coverings, Custom Built-In Cabinetry, Oversized Closets, And An Abundance Of Storage Throughout*Enjoy The Convenience Of In-Suite Laundry And An Owned, Covered Parking Space*Located In An Unbeatable Area Close To Main Street's Shops, Restaurants, Cafes, And All Amenities That This Sought-After Area Offers*This Exceptional Loft Is Perfect For Those Seeking Style, Comfort, And Convenience In A Prime Location!*Don't Miss It!

MLS number
N13765786
Type
Condo Apartment
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
L3Y 1V8
Photos
37
Locker
No
Laundry
Ensuite, Laundry Closet
Included in the fee
Common Elements, Building Insurance, Parking
3days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Prince Charles PS4.7 / 10
Elementary · French Immersion · 1
YRDSB boundary · approved A: March 2011; B: March 2011
Mazo de la Roche PS8.5 / 10
Elementary · French Immersion · 2-8
YRDSB boundary · approved A: March 2011; B: March 2011
Stuart Scott PS7.7 / 10
Elementary · Regular Track · JK-8
YRDSB boundary · approved 1997
Huron Heights SS6.6 / 10
Secondary · Arts · 9-12
YRDSB boundary
Newmarket HS8.6 / 10
Secondary · French Immersion · 9-12
YRDSB boundary · approved June 2024
Dr. G.W. Williams SS8.8 / 10
Secondary · International Baccalaureate (IB) · 9-12
YRDSB boundary
Newmarket HS8.6 / 10
Secondary · Regular Track · 9-12
YRDSB boundary · approved January 2004
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

York Region. Published by the York Region District School Board’s planning department, with the date the board approved each boundary shown above. A boundary approved years ago is still the current one until the board redraws it, but the older the date, the more worth confirming.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: YRDSB school locator.

Sources: York Region District School Board planning department.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
International AcademyElementary and secondary601 mNot reported
Innova Academy Upper SchoolSecondary896 mNot reported
Innova AcademyElementary and secondary896 mNot reported
Rogers Public School
York Region DSB
Elementary896 m8.4 / 10
84% met the standard
Pickering CollegeElementary and secondary990 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Newmarket125 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$495k$561k$628k20252026this home’s asking price
$498klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d29d60d20252026
59dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in newmarket. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 427 people.

$71,000Median household income
44.4%Own their home
31.8%Detached houses
43.2Median age
18.5%Born outside Canada
36.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35190941 — the few blocks around this address, home to 427 people. It describes the area, not this property.

427Population
42.8Average age
2Household size
$126,000Average household income
$71,000Median household income
44%Own their home
56%Rent
7%Condominiums
19%Born outside Canada
37%University degree
$940,000Average home value
13%Low income
33%Not in the labour force
37%Never married
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9993%
$45,000 to $49,9995%
$50,000 to $59,9997%
$60,000 to $69,9997%
$70,000 to $79,9993%
$80,000 to $89,9995%
$90,000 to $99,9992%
$100,000 and over26%
$100,000 to $124,9995%
$125,000 to $149,9993%
$150,000 to $199,99910%
$200,000 and over9%

Percentages are of the 290 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$118,000 · minimum here is $34,000
$2,612.39per month
Borrowed before insurance$471,999
Total borrowed$471,999
Interest over 25 years at 4.5%$311,717

If you rented it out

-$3,586.64per month out of pocket
Rent$0.00
Everything it costs to hold$3,586.64
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.. Listing data provided by the Toronto Regional Real Estate Board.