185 Deerfield Road Unit 305, Newmarket

Price: $595,800

3 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: N13240666

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 cafesClose 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.

185 Deerfield Road Unit 305 - Condo photo 1 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 2 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 3 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 4 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 5 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 6 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 7 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 8 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 9 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 10 of 14 in Newmarket, Ontario
185 Deerfield Road Unit 305 - Condo photo 11 of 14 in Newmarket, Ontario
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185 Deerfield Road Unit 305 - Condo photo 14 of 14 in Newmarket, Ontario
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New Listing
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$595,800 - 185 Deerfield Road Unit 305, Newmarket

Condo for Sale in Newmarket

New — Listed 4 days ago
3Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
N13240666
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Newmarket
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
HARVEY KALLES REAL ESTATE LTD.
Description

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 cafesClose 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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,056.76/mo

Includes CMHC insurance ($16,623)

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5-yr fixed avg.

Principal: $536,220Interest: $364,186
Mortgage Amount$552,843
Total Interest$364,186
Est. Property Tax$422/mo
Total Cost$917,029

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 305, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$422
Insurance (est.)-$124
Net Cash Flow+$1,534

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, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $745/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $2,483 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    185 Deerfield Road Unit 305, Ne… — $595,800 | Battaglia Team