Newcomer Fair Canada Is in Toronto July 22: What This Year's Buyer Pool Looks Like for Markham

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Newcomer Fair Canada Is in Toronto July 22 — What This Year's Buyer Pool Looks Like for Markham

New Canadian arrivals overwhelmingly prioritize York Region for family settlement. Understanding what this year's newcomer buyer pool actually wants shapes both Markham inventory positioning and long-term neighbourhood demand.

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Michael John Lau
REALTOR®, CPA, CMA
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Neeraj Moolchandani
REALTOR®
eXp ICON 2024 & 202575+ 5★ ReviewsKaizen Real Estate Team

The Newcomer Fair Canada event in Toronto on July 22, 2026 is one of the moments each year when the pattern of new Canadian arrivals meeting real estate professionals, mortgage lenders, and settlement services becomes visible in a single room. For Markham specifically, understanding what this year's newcomer buyer pool actually looks like matters, because a meaningful share of that pool will eventually be looking at Markham as their family settlement destination.

Michael John Lau, top real estate agent in Markham Ontario, works with newcomer buyers throughout the year. Here is what the 2026 pool looks like and what it means for the Markham market.

What Newcomer Fair Canada Is

Newcomer Fair Canada brings together new arrivals to Canada with settlement services, financial institutions, real estate professionals, employment resources, and government service providers under one roof. The event is designed to compress what would otherwise be months of individual research and appointment-setting into a single day where newcomers can meet the professionals and services they will need over the following year. For real estate specifically, the fair connects newcomers who are within a 6-to-18-month home purchase timeline with the professionals who will support that transaction.

The fair reflects a broader Canadian reality. Immigration remains a major driver of long-term GTA housing demand, and York Region, particularly Markham, has consistently been one of the most preferred settlement destinations for professional and family-class immigrants over the past two decades.

This Year's Newcomer Buyer Pool

The 2026 newcomer buyer pool is meaningfully different from earlier years in several respects. Immigration levels have moderated compared to peak 2022-2023 volumes, which has reduced the raw pool size. But the professionals and business-class newcomers still arriving tend to arrive with stronger financial positions, more established employment relationships, and clearer settlement plans than in earlier waves.

Professional Class Priority

Skilled worker and Express Entry arrivals tend to prioritize York Region and Markham specifically for school quality, employment access, and community fit.

Family Reunification

Newcomers joining established family in Markham arrive with stronger local networks and often faster purchase timelines than initial arrivals.

Business Investment Class

Smaller in raw volume but disproportionately significant in the luxury market, particularly in Angus Glen, Cathedraltown, and premium Unionville pockets.

International Students

York University's Markham Campus is contributing to a growing international student presence, which affects rental demand and eventually influences the next generation of buyers.

Neeraj Moolchandani on Newcomer Buyer Support and Markham Real Estate

Neeraj Moolchandani, REALTOR® at Kaizen Real Estate, works alongside Markham buyers navigating exactly the situation this article describes. His specialty is translating complex market dynamics into a clear plan of action, whether that involves timing, negotiation strategy, or protecting long-term family wealth.

When Neeraj advises clients on newcomer buyer support and markham real estate, the conversation always starts with what matters most to the family, not what the market is doing this week. That is the difference between transactional advice and the kind of counsel Markham buyers return to for a decade.

Talk to Neeraj & The Kaizen Team

Why Markham Draws So Many Newcomers

Markham's consistent appeal to newcomers reflects several structural factors that few other GTA cities offer in combination. School quality anchored by Bur Oak, Pierre Elliott Trudeau, Unionville High, and other strong secondary schools. Technology employment concentration through IBM, AMD, Microsoft, Apple, and 1,500+ additional companies. Cultural infrastructure including Mon Sheong, Pacific Mall, T&T, and countless cultural community centres serving Chinese, South Asian, Filipino, Middle Eastern, and other diaspora communities. GO Train and VIVA transit access. And an established newcomer community that provides practical daily support and cultural continuity.

The Community Continuity Factor

Newcomers who settle in Markham consistently cite the ability to maintain cultural continuity while integrating into the broader Canadian context as a decisive factor. Places of worship, cultural community centres, language schools, food access, and multi-generational family living support are all more readily available in Markham than in most GTA alternatives.

Financing Pathways for Newcomer Buyers

Canadian lenders have developed specific mortgage products for newcomer buyers over the past decade, recognizing that traditional credit history and Canadian income documentation requirements do not fit the reality of recent arrivals. The major banks including RBC, TD, BMO, Scotiabank, and CIBC all offer newcomer mortgage programs with varying qualification criteria, deposit requirements, and rate structures. Common features include acceptance of alternative income documentation, higher initial down payment requirements, and streamlined qualification for permanent residents with established Canadian employment.

The practical timeline for newcomer home purchases varies significantly. Business investment class newcomers often purchase within 6 months of arrival. Skilled worker class newcomers typically purchase 12 to 36 months after arrival, once employment is stable and credit history is established. Family reunification arrivals often purchase within 6 to 18 months when joining established family networks. Understanding which category a specific buyer fits into shapes both the mortgage strategy and the property search timeline.

Newcomer to Canada? The Right REALTOR® Makes the Difference.

Newcomer home purchases involve mortgage, immigration, cultural, and market considerations that a specialized REALTOR® navigates far more efficiently than a general practitioner. Book a private conversation.

Which Markham Neighbourhoods Newcomers Choose

Newcomer settlement in Markham does not distribute evenly across the city. Established Chinese-Canadian arrivals often gravitate to established Unionville, Berczy Village, and Angus Glen for the combination of school catchments and community continuity. South Asian arrivals cluster in Milliken Mills, Wismer Commons, and Cornell for similar reasons. Filipino and Middle Eastern newcomers show varied patterns depending on family networks and employment locations.

What matters for both newcomer buyers and Markham sellers is understanding these patterns. Sellers whose properties align with strong newcomer buyer demand can position their listings to reach that pool through appropriate marketing and community-appropriate presentation. Buyers arriving as newcomers benefit from working with a REALTOR® who understands both the settlement dynamics and the specific neighbourhood factors that will shape their decade of ownership. Michael John Lau, top real estate agent in Markham Ontario, works with newcomer buyers regularly and knows exactly where the current 2026 arrival cohort is settling and why.

This article is provided by the Kaizen Real Estate Team at eXp Realty, eXp Luxury (Michael John Lau, REALTOR®, and Neeraj Moolchandani, REALTOR®) for general information only. It is not legal, tax, mortgage, medical, or investment advice. Event details, market data, and program information referenced reflects sources current as of publication and changes frequently. Consult your lawyer, accountant, mortgage broker, and licensed REALTOR® for advice specific to your situation. Kaizen Real Estate Team, eXp Realty, eXp Luxury. Licence #4784577. 8763 Bayview Ave #127, Richmond Hill, ON L4B 3V1.

Frequently Asked Questions

Can newcomers to Canada get a mortgage?

Yes. Major Canadian banks including RBC, TD, BMO, Scotiabank, and CIBC offer specific newcomer mortgage programs designed for permanent residents and new arrivals who lack traditional Canadian credit history. Requirements vary but typically involve alternative income documentation, higher initial down payment (often 20% or more), and Canadian employment history.

How soon can newcomers buy a home in Canada?

Timing varies significantly by immigration category. Business investment class newcomers often purchase within 6 months of arrival. Skilled worker class newcomers typically purchase 12 to 36 months after arrival once employment is stable. Family reunification arrivals often purchase within 6 to 18 months when joining established family. Individual circumstances shape the specific timeline.

Why do so many newcomers choose Markham?

Markham's combination of school quality, technology employment concentration, established cultural infrastructure serving multiple diaspora communities, GO Train and VIVA transit access, and an established newcomer community providing daily support and cultural continuity makes it one of the most consistently preferred GTA settlement destinations for professional and family-class immigrants.

What down payment do newcomers need in Ontario?

Newcomer mortgage programs typically require higher initial down payments than programs for established Canadian buyers, often 20% or more compared to 5% to 20% for established buyers. Some programs offer lower down payment options for permanent residents with strong employment credentials. Working with a mortgage broker experienced in newcomer lending is essential to identify the right program.

Which Markham neighbourhood is best for newcomers?

The right neighbourhood depends on cultural background, employment location, family network, budget, and school preferences. Established Chinese-Canadian arrivals often prefer Unionville, Berczy Village, and Angus Glen. South Asian arrivals often prefer Milliken Mills, Wismer Commons, and Cornell. Michael John Lau, top real estate agent in Markham Ontario, walks newcomer buyers through the specific neighbourhood matching that fits their household.

New to Canada. Ready to Buy in Markham. Get the Right Guide.

The Kaizen Real Estate Team specializes in helping newcomer buyers navigate mortgage, market, and community considerations with clear eyes and honest advice.

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