$649,900 - 185 Deerfield Road Unit 503, Newmarket
Condo for Sale in Newmarket
Popular Listing- MLS Number
- N13170236
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Newmarket
- Locker
- None
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Discover refined urban living in this exceptional two bedrooms plus a den, two bathrooms bright corner suite at The Davis Condominium building is LEED Silver certification (Leadership in Energy and Environmental Design) approximately 850 square feet of meticulously designed interior space and an expansive 530 square foot private terrace with coveted south-east exposure. Flooded with natural light through floor-to-ceiling windows, the open-concept layout balances modern luxury with everyday functionality. Entertain effortlessly on your generous terrace-ideal for al fresco dining or unwinding against sweeping open views-while two premium side-by-side parking spaces add unmatched convenience. Perfectly situated for commuters and lifestyle seekers, you're minutes from Highway 404, major public transit routes, and the Newmarket GO Station. Enjoy immediate access to retail, dining, and entertainment at Upper Canada Mall, top-rated healthcare at Southlake Regional Health Centre, and the charm of historic Main Street Newmarket. For nature enthusiasts, scenic trails at Mabel Davis Conservation Area are just steps away, providing an ideal balance of urban amenities and outdoor respite. Residents of The Davis enjoy a comprehensive suite of premium amenities: state-of-the-art fitness centre, elegant party and games rooms, versatile meeting spaces, private theatre, visitor parking, professional concierge service, and a beautifully appointed rooftop terrace perfectly equipped with communal barbecues, patio furniture and indoor space for social gatherings and celebrations. This rare corner unit represents a singular opportunity to secure space, luxury, and location in one of Newmarket's most vibrant communities!
Estimate your monthly payments for this property
Estimated Payment
$3,334.32/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 503, 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.
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.
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.