250 Davis Drive Unit 604, Newmarket

Price: $469,900

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: N13000900

The largest suite available at The Atwood - approximately 1,426 sq. ft., offering more space per dollar than any 2-bedroom currently listed in the building. This 3-bedroom, 2-bathroom residence lives like a bungalow: expansive combined living and dining rooms, eat-in kitchen, and a sun-filled west-facing sunroom opening off both the living room and third bedroom. The oversized primary bedroom features a walk-in closet and semi-ensuite bath; two additional generously sized bedrooms flex easily into guest rooms, home offices, or hobby space. In-suite laundry room with built-in shelving and linen closet. Maintenance fees cover EVERYTHING - heat, water, central air conditioning, cable TV, parking, and building insurance: one predictable monthly payment, no separate utility bills. Owned underground parking and exclusive ensuite locker included. Well-run condo corporation with a $1M+ reserve fund, no special assessments, and no litigation - status certificate ready for immediate review. Immediate possession available: move in now, or update at your own pace and build instant equity - renovated 2-bedroom suites in this building have listed for more, with 265 fewer square feet. Steps to Southlake Regional Health Centre, Upper Canada Mall, transit, Main Street Newmarket, library, and rec centre. Space without compromise, value without question.

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$469,900 - 250 Davis Drive Unit 604, Newmarket

Condo for Sale in Newmarket

59 days on market
3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
N13000900
Property Type
Condo
Status
active
Days on Site
59
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Newmarket
Locker
Ensuite+Exclusive
Exposure
West
Balcony
None
Listing Brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.
Description

The largest suite available at The Atwood - approximately 1,426 sq. ft., offering more space per dollar than any 2-bedroom currently listed in the building. This 3-bedroom, 2-bathroom residence lives like a bungalow: expansive combined living and dining rooms, eat-in kitchen, and a sun-filled west-facing sunroom opening off both the living room and third bedroom. The oversized primary bedroom features a walk-in closet and semi-ensuite bath; two additional generously sized bedrooms flex easily into guest rooms, home offices, or hobby space. In-suite laundry room with built-in shelving and linen closet. Maintenance fees cover EVERYTHING - heat, water, central air conditioning, cable TV, parking, and building insurance: one predictable monthly payment, no separate utility bills. Owned underground parking and exclusive ensuite locker included. Well-run condo corporation with a $1M+ reserve fund, no special assessments, and no litigation - status certificate ready for immediate review. Immediate possession available: move in now, or update at your own pace and build instant equity - renovated 2-bedroom suites in this building have listed for more, with 265 fewer square feet. Steps to Southlake Regional Health Centre, Upper Canada Mall, transit, Main Street Newmarket, library, and rec centre. Space without compromise, value without question.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.83/mo

Includes CMHC insurance ($13,110)

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5-yr fixed avg.

Principal: $422,910Interest: $287,229
Mortgage Amount$436,020
Total Interest$287,229
Est. Property Tax$333/mo
Total Cost$723,249

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

250 Davis Drive Unit 604, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
4.4%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$1,739

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 $336/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.

Negotiation Opportunity

At 59 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.

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.

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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    250 Davis Drive Unit 604, Newma… — $469,900 | Battaglia Team