$649,888 - 185 Deerfield Road Unit 305, Newmarket
Condo for Sale in Newmarket
65 days on market- MLS Number
- N12966464
- Property Type
- Condo
- Status
- active
- Days on Site
- 65
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Newmarket
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Elevated Living at The Davis Residences - A Rare Southwest Corner Suite in NewmarketStep into an exceptional 845 sq ft southwest-facing corner suite offering 2 bedrooms + den and 2 full bathrooms - a thoughtfully designed layout where every square foot is maximized for comfort and style. Natural light pours in throughout the day, while evenings deliver breathtaking sunsets from your private balcony.The open-concept living and dining area flows seamlessly out to the balcony, perfect for everyday ease and effortless entertaining. The modern kitchen is built for those who love to cook, with clean lines, smart storage, and quality finishes. Both bedrooms are generously sized and tucked away for privacy. The primary suite features a spacious closet and a private 4-piece ensuite, while the versatile den adapts to your lifestyle - home office, guest space, or playroom. One underground parking spot and one storage locker included.The Davis Residences is a newer-build property (0-5 years) offering 24-hour concierge and security, in-suite laundry, central air, and a pet-friendly policy (restrictions apply).Location - Newmarket at Its Best:Steps to Upper Canada Mall and historic Main Street's boutiques and cafésClose to Southlake Regional Health Centre and top-ranked schoolsWalk to Mabel Davis Conservation Area and a nearby dog parkQuick Highway 404 access and a 5-minute drive to the Newmarket GO StationWhether you're a first-time buyer, a savvy investor, or a downsizer ready to enjoy lifestyle without compromise - this suite delivers on every front. Corner suites with southwest exposure in a building of this calibre rarely come to market, and when they do, they don't stay long. Book your private viewing today and experience this exceptional home in person.
Estimate your monthly payments for this property
Estimated Payment
$3,334.26/mo
Includes CMHC insurance ($18,132)
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 305, 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 $812/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 65 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 800 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,708 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.