Year Built
2005
Low-Rise Condo
Specialty Lofts
by MG Lewis Ltd.
543 Timothy Street, Newmarket, ON L3Y 1R1
Total Units
56
Avg $/sqft
$724
Storeys
3
Available Units in Specialty Lofts
2
Units for sale
From $590,000
0
Units for rent
Live MLS · Updated daily
Overview
Located at 543 Timothy Street, Specialty Lofts is a 3-storey soft loft containing 56 units. These Newmarket soft lofts were developed by MG Lewis Ltd. and completed in 2005. Units start at 649 square feet and can be as large as 1477 square feet. What makes a Central Newmarket soft loft for sale most appealing is all that the neighbourhood has to offer.
This condo has a low demand ranking per Strata.ca analytics and a Walk Score of 73. Maintenance fees at 543 Timothy Street are $1.52 per-square-foot, which is significantly higher than the city average of about $0.67, however the maintenance fees do include all utilities, making them a bit more reasonable (usually at least hydro is separate).
Developer
MG Lewis Ltd.
Year Built
2005
Property Type
Low-Rise Condo
Storeys
3
Total Units
56
Management
Wilson Blanchard Property Management
Amenities
Underground Parking
Games Room
Fitness Centre
Rooftop Garden
Visitor Parking
Theatre Room
Party Room
Price History
33 recordsLoading history…
Market Stats
Prices in Specialty Lofts are down 0.8% compared to last year.
$724
Avg $/sqft
-0.8%
YoY change
43
Avg days on market
Location & Walkability
Walk Score
73/100
Daily errands on foot
Transit Score
45/100
TTC, GO, subway access
Bike Score
69/100
Bike lanes & infrastructure
Neighbourhood in Newmarket
Central Newmarket
family-friendly community-focused suburban
Central Newmarket is a vibrant neighbourhood in Newmarket, Ontario. It offers a mix of residential options and amenities for families and individuals.
Median home price: $869,000 Median rent price: $2,150 Diverse housing types available Strong community with parks and schools Close to grocery stores and restaurants
At a glance
Day to dayLivability
6.1
Schools near listings
out of 10 · averaged over 1,366 past and present listings
Fraser Institute ratings within 2 km of each listing, closer schools weighted more
Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.
What it costsAffordability
Median asking price
$869,000
12% below Newmarket 21% above Ontario
In Central Newmarket
$869,000
In Newmarket
$990,000
In Ontario
$717,000
Median monthly rent
$2,150/mo
2% above Newmarket 14% below Ontario
In Central Newmarket
$2,150
In Newmarket
$2,100
In Ontario
$2,500
≈ 33.7 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
65
Median $869,000
Houses 41 · Condos 24
For rent
30
Median $2,150
Recently sold
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Recently leased
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Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Good selection of schools rated 6.1
- Many parks and playgrounds for outdoor activities
- Family-friendly atmosphere with a mix of ages
- Convenient access to grocery stores and dining options
Keep in mind
- Median home prices are above city average
- Higher rental prices compared to the city median
- Limited public transit options
The feel of the placeLifestyle
Daily life in Central Newmarket is active and community-oriented, with plenty of local amenities. Residents enjoy a suburban feel with access to parks and schools.
Great for families first-time buyers young professionals
Within the boundaryWhat's nearby
The boundary
4.3 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
13
Parks
16
Playgrounds
3
Grocery stores
24
Restaurants
3
Cafés
3
Gyms
1
Libraries
5
Pharmacies
Counted across all 4.3 km² of Central Newmarket. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
6.9/10
Average rating of the 3 rated schools in this area
5
Elementary
St Paul Catholic Elementary School
Catholic · Grades JK–8 · York CDSB
7.5/10571st of 3,045 Ontario elementary schools
150 students · EQAO 2024-2025
Rogers Public School
Public · Grades JK–8 · York Region DSB
7.0/106.9 over 5 yrs888th of 3,045 Ontario elementary schools
420 students · EQAO 2024-2025
Stuart Scott Public School
Public · Grades JK–8 · York Region DSB
6.3/105.9 over 5 yrs1,366th of 3,045 Ontario elementary schools
200 students · EQAO 2024-2025
J L R Bell Public School
Public · Grades JK–5 · York Region DSB
Not rated
135 students · EQAO 2024-2025
York Academy 4323
Public · Grades JK–12 · York Region DSB
Not rated
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Central Newmarket, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
10,797
Population (2021)
4.1 km²
Area
2,610
People per km²
47.5
Median age
$85,560
Median income
62%
Own their home
2.3
People per household
4,765
Households
Every age
- Children (under 15)12.4%
- Working age (15–64)63.5%
- Seniors (65+)24.1%
What is built here
- Detached houses48.4%
- Semi-detached1.4%
- Townhouses3.5%
- Duplexes9.4%
- Low-rise apartments13.3%
- High-rise apartments24.3%
Own or rent
62%Owners
38%Renters
Across 4,765 households
When it was built
Mostly 1961–1980
- 1960 or earlier32%
- 1961–198040%
- 1981–19909%
- 1991–20008%
- 2001–20051%
- 2006–20100%
- 2011–20151%
- 2016–20216%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 24.1%
- Born outside Canada
- 26.6%
- Hold a degree or higher
- 55.4%
- Employment rate
- 5.3%
- Commute by transit
- 86.8%
- Commute by car
- 1.6
- Children per family
- $75,023
- Median income after tax
- $105,012
- Average household income
- 11.3%
- Living on a low income
- $1,392/mo
- Renters pay, per month
- $1,547/mo
- Owners pay, per month
- $782,356
- Median home value at census
- 32.7%
- Renters spending 30%+ of income on housing
- 18.9%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 20 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry
