185 Deerfield Road Unit 301, Newmarket

Price: $485,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: N12719612

Experience urban living at The Davis, a green building by design, within walking distance of everything great about Uptown Newmarket. Discover this elegant, one-year-old condo suite featuring a spacious 1+den layout (643 sq ft), 1.5 bathrooms, an oversized balcony, and a parking spot.Enjoy the finest in modern features and finishes in this comfortable suite, complete with advanced security and energy-efficient technology. Spacious and sun-filled, the open-concept designs boast soaring 9 ceilings, designer-selected luxury vinyl plank flooring, and expansive floor-to-ceiling windows, all complemented by a generous balcony. The professional-grade kitchen features custom-designed cabinetry with modern hardware, a ceramic backsplash, and sleek quartz countertops. Spa-inspired bathrooms offer ultra-modern solid surface countertops with integrated sinks, premium porcelain tile flooring, and designer fixtures.

185 Deerfield Road Unit 301 - Condo photo 1 of 19 in Newmarket, Ontario
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active
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$485,000 - 185 Deerfield Road Unit 301, Newmarket

Condo for Sale in Newmarket

68 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
N12719612
Property Type
Condo
Status
active
Days on Site
68
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Experience urban living at The Davis, a green building by design, within walking distance of everything great about Uptown Newmarket. Discover this elegant, one-year-old condo suite featuring a spacious 1+den layout (643 sq ft), 1.5 bathrooms, an oversized balcony, and a parking spot.Enjoy the finest in modern features and finishes in this comfortable suite, complete with advanced security and energy-efficient technology. Spacious and sun-filled, the open-concept designs boast soaring 9 ceilings, designer-selected luxury vinyl plank flooring, and expansive floor-to-ceiling windows, all complemented by a generous balcony. The professional-grade kitchen features custom-designed cabinetry with modern hardware, a ceramic backsplash, and sleek quartz countertops. Spa-inspired bathrooms offer ultra-modern solid surface countertops with integrated sinks, premium porcelain tile flooring, and designer fixtures.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,488.30/mo

Includes CMHC insurance ($13,532)

$
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5%10%50%

5-yr fixed avg.

Principal: $436,500Interest: $296,459
Mortgage Amount$450,032
Total Interest$296,459
Est. Property Tax$344/mo
Total Cost$746,490

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 301, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$344
Insurance (est.)-$101
Net Cash Flow+$1,365

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 $808/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 68 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 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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