If you've been watching the "For Sale" signs in Newmarket Armitage, here's what's actually happening. The market is taking a breather on the Aurora side, but the Newmarket side of this neighbourhood is quietly outperforming almost everyone around it. That split matters - and it matters for your wallet.
Houses in Newmarket Armitage are sitting at a predicted market value of $1,187,436 - and that number is climbing. The 3-month moving average is $1,179,460, so we're trending in the right direction. A 1.65% recent change and a growth rank of 1 out of 7 comparable Newmarket neighbourhoods means we're at the top of the local leaderboard right now. That's not a small thing.
A 4.44% rental yield is solid. It tells us that if you're holding a house here as an investment, it's pulling its weight. Rent at $4,706 a month is real income, not a rounding error.
Condos are a different story. The predicted value is $710,356, which is still above the 3-month moving average of $705,283 - so values are holding. But a recent change of -0.80% and a growth rank of 5 out of 7 tells us condos here are in the middle of the pack, not leading it. That said, at $710,356, we're still well ahead of nearby Aurora North West condos at $572,173. So if you own a condo here, you're in a stronger position than you might think compared to the competition.
Here's the thing about your city tax assessment: it's a snapshot from the past. It doesn't know what happened to your street last month. The HonestDoor Price is updated in real time using actual market signals - not a government formula that gets refreshed every few years.
On the Aurora side of Newmarket Armitage, the average HonestDoor Price is $1,140,271. That number has moved 5.17% from the previous period. Your assessment almost certainly hasn't caught up. If you're making any financial decision - refinancing, selling, even just understanding your net worth - using a stale assessment is like navigating with an old map. The HonestDoor Price is the real-world check that tells you where you actually stand today.
The Airbnb angle is worth a mention too. Newmarket Armitage ranks 5th in Aurora for Airbnb potential, with an estimate of $230 per night. That's a real number for anyone thinking about short-term rental income on a property here.
If you own a house in Newmarket Armitage and you're thinking about listing this summer, the timing has something going for it. Growth rank number 1 out of 7 in Newmarket is a story you can tell buyers. Values are trending up, not down. The 3-month average is moving in your favour.
For condo owners, the picture is more nuanced. Values are stable but growth is slower. If you're planning to sell, pricing it right from day one matters more than it does for houses right now. Overpricing a condo in a rank-5 growth market is how listings go stale.
Either way, the first step is the same - check your HonestDoor Price before you call an agent, not after. It takes two minutes and it gives you a real number to anchor your conversation, not a guess.
This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.