Aria Homes - Pre-construction in Newmarket
Selling Now

Aria Homes

1038-1040 Jacarandah Dr, Newmarket
by Spotlight Development Inc.
Price
$1,235,990s
Bedrooms
Various
Size
1,716 sq ft – 3,002 sq ft
Occupancy
TBD

About Aria Homes

Project Highlights

  • Development Name: Aria Homes
  • Developer: Spotlight Development Inc.
  • Location: Newmarket (1038-1040 Jacarandah Dr, Newmarket)
  • Building Type: Condo/Townhome
  • Ownership: Condominium
  • Status: Selling Now

Aria Homes is a new pre-construction property by Spotlight Development Inc. in Newmarket. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.

Starting at $1,235,990s, Aria Homes is a solid choice whether you're buying to live in or as an investment. You'll lock in today's developer pricing while the property value grows during the 3-5 year build period.

Welcome to a new intimate community of coming soon to Newmarket. With an ideal location near residents of Aria will have quick and convenient access to some of Newmarket’s most sought-after amenities. Here, residents will find themselves minutes from and so much more.

Location & Neighborhood

Why Newmarket Works

Aria Homes sits in Newmarket at 1038-1040 Jacarandah Dr, Newmarket. Historic Main Street, Davis Drive corridor growth, and Viva rapidway. A charming town with modern amenities north of Toronto.

Newmarket keeps growing—new transit, more jobs, better infrastructure. That's why pre-construction here makes sense. You're buying into a city on the upswing.

Why Newmarket is Growing

  • Historic charm with modern development
  • Yonge North Subway Extension planned
  • Excellent healthcare facilities
  • GO Train access to Toronto

Investment Potential

Aria Homes is priced better than most resale homes in Newmarket. You lock in today's developer price, and by the time it's built (usually 3-5 years), the market's usually gone up. That's free equity before you even move in.

Buy at today's price, own at tomorrow's value. It's worked for thousands of GTA buyers.

Developer Confidence

Spotlight Development Inc. has been building in the GTA for years. They know what they're doing, finish on time, and build quality homes that hold their value. That matters when you're investing this much money.

Get Developer History

Project Data Sheet

DeveloperSpotlight Development Inc.
Address1038-1040 Jacarandah Dr, Newmarket Nearest
IntersectionLeslie St & Green Ln E
PricingStarting From $1,235,990
OccupancyJune 2025 Number of
Homes23 Home
TypesSemi-Detached & Detached Homes Square
Footage1,716 sq ft – 3,002 sq ft POTL
FeesRanging from $248.31/Month – $480.31/Month (Bell Internet Package Unlimited bulk internet at 1.5GB speed download and 940 upload is included in the fees) Deposit
Structure​$10,000 on Signing // 2.5% Minus $10,000 in 30 Days // 2.5% in 90 Days // 2.5% Start of Construction // 2.5% on Occupancy Incentives*

About Newmarket

Discover why Newmarket is an ideal location for pre-construction investment

About Newmarket: A Growing Community in the GTA

Newmarket is home to 87,000+, and steady growth with historic charm. Historic downtown with modern amenities Additionally, fairy lake and natural areas. Located in Newmarket, Aria Homes offers residents a perfect blend of urban convenience and suburban comfort.

Excellent healthcare (Southlake Hospital) GO Train connectivity

Transit & Connectivity

Newmarket is well-connected to the GTA through excellent transit options. GO Train stations including Newmarket GO, East Gwillimbury GO provide 40-50 minutes to downtown toronto via go train. Major highways including Highway 404, Highway 400, Highway 9, Yonge Street ensure easy access throughout the region.

Lifestyle & Amenities

Residents of Newmarket enjoy access to excellent educational institutions including Top-rated York Region schools and Newmarket High School, healthcare facilities like Southlake Regional Health Centre, and major shopping destinations such as Upper Canada Mall and Newmarket Promenade. Popular parks include Fairy Lake and Tom Taylor Trail.

Investment Potential & Growth

Average condo prices: $650,000-$950,000. Annual appreciation: 5-8% Average rental yield: 3.5-4.5%. Premium market with stable demand Future developments include Yonge North Subway Extension (planned) and Downtown revitalization, which will further enhance the area's appeal. Major employment centers include Southlake Regional Health Centre and Corporate offices, driving demand for housing.

Why Newmarket is Perfect for Pre-Construction Investment

Historic charm with modern development Yonge North Subway Extension planned Excellent healthcare facilities GO Train access to Toronto Strong community appeal Investing in pre-construction in Newmarket allows you to secure a property at today's prices while the area continues to develop and appreciate in value.

Excellent Transit

Well-connected to downtown Toronto and the GTA

Strong Growth

Consistent property value appreciation

Quality Living

Modern amenities and community infrastructure

Frequently Asked Questions

What is the deposit structure for Aria Homes?

Most Spotlight Development Inc. projects require a 15-20% total deposit paid in stages over 18-24 months. Contact us for the specific structure for this project.

When is the occupancy date?

Occupancy is tentatively scheduled for 2027/2028. Dates are subject to change and will be confirmed in the Agreement of Purchase and Sale.

Are assignment sales allowed?

Yes, most pre-construction projects by Spotlight Development Inc. allow assignments, typically with a small fee or sometimes free as a VIP incentive. This allows you to sell your contract before closing.

What are the closing costs?

Closing costs generally range from 3-5% of the purchase price, covering Land Transfer Tax, legal fees, and development levies. We negotiate capped levies to protect your bottom line.

Limited VIP Spots Available

Don't Miss Out on Aria Homes

Secure your unit today with VIP Platinum access. Get first pick of floor plans, exclusive pricing, and builder incentives before public launch.

Best Pricing

Floor Plans

VIP Incentives

Starting From

$1,235,990s

Selling Now
Developer
Spotlight Development Inc.
Location
Newmarket
Occupancy
TBD

Floor Plans

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