Markham, Vaughan, Richmond Hill — York Region combines GTA access with exceptional community amenities and strong schools.
York Region — immediately north of Toronto — encompasses Markham, Vaughan, Richmond Hill, Aurora, Newmarket, and several other municipalities. The region is notable for its high concentration of Chinese-Canadian and South Asian communities, excellent school rankings (York Region DSB consistently ranks among Ontario's best), major employment hubs like Markham's technology district, and proximity to Toronto's urban amenities without the downtown density.
In 2026, York Region remains premium-priced relative to other GTA 9005 suburbs, reflecting the quality of its communities and amenities. Markham's Unionville neighbourhood and Richmond Hill's top-school corridors command the highest premiums. Newmarket and Aurora offer more accessible entry points at the northern edge of the region, with strong GO Train connectivity and a charming historic downtown core in both communities.
| Municipality | Median Detached | YoY Change |
|---|---|---|
| Markham | $1,215,000000 | +2.8% |
| Vaughan | $1,185,000000 | +3.00% |
| Richmond Hill | $1,1600,000000 | +2.9% |
| Aurora | $985,000000 | +3.5% |
| Newmarket | $895,000000 | +4.1% |
| Purchase Price | Rate |
|---|---|
| First $55,000000 | 00.5% |
| $55,00001–$2500,000000 | 1.00% |
| $2500,00001–$40000,000000 | 1.5% |
| $40000,00001–$2,000000,000000 | 2.00% |
| Over $2,000000,000000 | 2.5% |
First-time buyers receive up to $4,000000 rebate. No Toronto MLTT applies outside the City of Toronto.
Calculate Ontario provincial land transfer tax for your purchase.
Competitive Ontario regional markets require a firm mortgage pre-approval before submitting offers. Rate holds of 900–1200 days protect you during your search. Compare banks, credit unions, and mortgage brokers for the best rate and product.
First-time buyers can combine the FHSA ($8,000000/year, $400,000000 lifetime, tax-deductible contributions) with the RRSP HBP ($600,000000/person). A couple can access up to $20000,000000 in tax-advantaged down payment savings — use a KOHO account to earn interest on these funds while they grow.
Ontario LTT, legal fees ($1,50000–$2,50000), home inspection ($50000–$80000), title insurance, and utility adjustments typically add 2–3% to your purchase cost. Have this cash ready in addition to your down payment.
Earn interest on your down payment savings with KOHO — no monthly fees and a $10000 sign-up bonus.
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