185 Deerfield Road Unit 220, Newmarket

Price: $499,900

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N12899058

Located In The Heart Of Central Newmarket, This Spacious 1-Bedroom Suite Offers Over 600 Sq Ft Of Modern Living Space. Featuring 9 Ft Ceilings, Abundant Natural Light, And A Private South-Facing Balcony, This Bright And Inviting Home Is Perfect For Comfortable Everyday Living. Enjoy The Convenience Of Being Just Minutes To Public Transit, Upper Canada Mall, Shopping, Restaurants, Parks, Golf Courses, Schools, Southlake Hospital, And Entertainment. Residents Have Access To Exceptional Building Amenities Including A Rooftop Terrace With BBQs, Guest Suite, Party Room, Games Lounge, Theatre Room, Hobby Room, Pet Spa, Fitness Centre, Yoga Studio, Year-Round Outdoor Kids Play Area, And Visitor Parking, Including EV Visitor Parking. Unit Includes Parking And Locker. Incredible Value And One Of The Best Priced Units In The Area. Don't Miss This Opportunity!

185 Deerfield Road Unit 220 - Condo photo 1 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 2 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 3 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 4 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 5 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 6 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 7 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 8 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 9 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 10 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 11 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 12 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 13 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 14 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 15 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 16 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 17 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 18 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 19 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 20 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 21 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 22 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 23 of 24 in Newmarket, Ontario
185 Deerfield Road Unit 220 - Condo photo 24 of 24 in Newmarket, Ontario
active
1/24

$499,900 - 185 Deerfield Road Unit 220, Newmarket

Condo for Sale in Newmarket

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N12899058
Property Type
Condo
Status
active
Days on Site
22
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Newmarket
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
HOMELIFE FRONTIER REALTY INC.
Description

Located In The Heart Of Central Newmarket, This Spacious 1-Bedroom Suite Offers Over 600 Sq Ft Of Modern Living Space. Featuring 9 Ft Ceilings, Abundant Natural Light, And A Private South-Facing Balcony, This Bright And Inviting Home Is Perfect For Comfortable Everyday Living. Enjoy The Convenience Of Being Just Minutes To Public Transit, Upper Canada Mall, Shopping, Restaurants, Parks, Golf Courses, Schools, Southlake Hospital, And Entertainment. Residents Have Access To Exceptional Building Amenities Including A Rooftop Terrace With BBQs, Guest Suite, Party Room, Games Lounge, Theatre Room, Hobby Room, Pet Spa, Fitness Centre, Yoga Studio, Year-Round Outdoor Kids Play Area, And Visitor Parking, Including EV Visitor Parking. Unit Includes Parking And Locker. Incredible Value And One Of The Best Priced Units In The Area. Don't Miss This Opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,564.75/mo

Includes CMHC insurance ($13,947)

$
$
5%10%50%

5-yr fixed avg.

Principal: $449,910Interest: $305,567
Mortgage Amount$463,857
Total Interest$305,567
Est. Property Tax$354/mo
Total Cost$769,424

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.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

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 220, Newmarket

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

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.)-$354
Insurance (est.)-$104
Net Cash Flow+$952

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 $833/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.

Market Position

At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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.

Recently Sold Nearby

Recent sales in Newmarket to help you understand market values

Similar Properties Nearby

Active listings in Newmarket with similar features

Search
Log in