185 Deerfield Road Unit 1302, Newmarket

Price: $499,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N12926328

Bright 1-bedroom, 1-bathroom suite offering 611 sq. ft. of living area plus an open balcony. 1 parking, and bulk internet included. Thoughtfully designed layout with east exposure, durable vinyl flooring, and contemporary finishes throughout. Open-concept living and dining room connects to a modern kitchen featuring quartz countertop, glossy subway tile backsplash, textured cabinetry, and chrome hardware. Well-sized bedroom and clean, modern bathroom complete this functional and comfortable layout. Located at The Davis by Rose Corp. in a convenient Newmarket setting, just steps to public transit, shopping, restaurants, schools, parks, and more and close to the GO Bus Terminal. Residents enjoy excellent building amenities including guest suite, party room, kids play room, rooftop terrace, pet spa, and visitor parking.

185 Deerfield Road Unit 1302 - Condo photo 1 of 10 in Newmarket, Ontario
185 Deerfield Road Unit 1302 - Condo photo 2 of 10 in Newmarket, Ontario
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185 Deerfield Road Unit 1302 - Condo photo 4 of 10 in Newmarket, Ontario
185 Deerfield Road Unit 1302 - Condo photo 5 of 10 in Newmarket, Ontario
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185 Deerfield Road Unit 1302 - Condo photo 10 of 10 in Newmarket, Ontario
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$499,000 - 185 Deerfield Road Unit 1302, Newmarket

Condo for Sale in Newmarket

Popular Listing
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N12926328
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX CONDOS PLUS CORPORATION
Description

Bright 1-bedroom, 1-bathroom suite offering 611 sq. ft. of living area plus an open balcony. 1 parking, and bulk internet included. Thoughtfully designed layout with east exposure, durable vinyl flooring, and contemporary finishes throughout. Open-concept living and dining room connects to a modern kitchen featuring quartz countertop, glossy subway tile backsplash, textured cabinetry, and chrome hardware. Well-sized bedroom and clean, modern bathroom complete this functional and comfortable layout. Located at The Davis by Rose Corp. in a convenient Newmarket setting, just steps to public transit, shopping, restaurants, schools, parks, and more and close to the GO Bus Terminal. Residents enjoy excellent building amenities including guest suite, party room, kids play room, rooftop terrace, pet spa, and visitor parking.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

$
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5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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.

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Neighbourhood Guide: Newmarket

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

185 Deerfield Road Unit 1302, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$953

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 Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $832/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.

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 600 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.

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.

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