$610,000 - 185 Deerfield Road Unit 1205, Newmarket
Condo for Sale in Newmarket
54 days on market- MLS Number
- N13020414
- Property Type
- Condo
- Status
- active
- Days on Site
- 54
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Newmarket
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- BAYTREE REAL ESTATE INC.
Welcome to The Davis by Rose Corp, a modern living gem nestled in the heart of Newmarket! This beautifully designed two-bedroom, two-bathroom condo offers a perfect blend of sophisticated elegance and everyday functionality. Located in one of Newmarket's most desirable and rapidly growing communities, it provides a spacious open-concept layout that creates a bright and inviting living space. Seamlessly flowing onto a private balcony, it's the ideal spot for relaxation or entertaining. Thoughtfully designed for comfort and practicality, this suite caters to professionals, couples, or small families.Building amenities include a rooftop terrace, fully equipped fitness centre, party/meeting room, kids' playroom, guest suites, pet spa, visitor parking, and more. Conveniently located, it boasts easy access to public transit, major highways, shopping, dining, and parks, delivering the perfect balance of luxury, convenience, and lifestyle. This is a fantastic opportunity to live in a vibrant, well-connected neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,129.62/mo
Includes CMHC insurance ($17,019)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Newmarket
Newmarket is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Newmarket
- •Convenient location in Newmarket
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Newmarket offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
185 Deerfield Road Unit 1205, Newmarket
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $871/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 54 days on site, this property has exceeded the typical selling timeline for Newmarket. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Newmarket properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,542 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.