$499,900 - 250 Davis Drive Unit 204, Newmarket
Condo for Sale in Newmarket
38 days on market- MLS Number
- N12800768
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Newmarket
- Locker
- Exclusive
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- RE/MAX ALL-STARS TEAM TREVOR REALTY
This expansive and sun-filled residence stands as one of the largest units in the building, offering an impressive 1,426 square feet of bright and airy living space. Perfectly positioned for those seeking both comfort and convenience, this condo is situated just steps away from Southlake Regional Health Centre. The prime location ensures you are never far from the best of Newmarket, with local shopping, public transit, the vibrant shops of Main Street, and the scenic walking trails of Fairy Lake all within easy reach. The interior layout is thoughtfully designed to provide maximum flexibility and ease of use. It currently features two well-appointed bathrooms and the essential convenience of in-suite laundry. A unique highlight of this floor plan is the spacious formal dining room, which originally served as a third bedroom. This area can easily be converted back to a bedroom if desired, making it an ideal choice for growing families or those requiring a dedicated home office. Residents of this well-maintained building enjoy access to a comprehensive suite of amenities designed for an active and social lifestyle. The building is equipped with reliable elevator service and offers a fully equipped gym, a versatile party room for hosting gatherings, and ample visitor parking for guests. Whether you are looking for a spacious retreat near the heart of the city or a versatile home with room to grow, this property offers an unbeatable combination of size, location, and potential.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
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.
250 Davis Drive Unit 204, Newmarket
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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
Competitive Pricing
At $357/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.
Market Position
At 38 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.
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.