260 Davis Drive Unit 1008, Newmarket

Price: $399,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: N13431326

Positioned atop the building, this bright penthouse-level 1+1 bedroom, 1-bath condo enjoys sweeping western sunset views and an abundance of natural light throughout. Featuring engineered hardwood flooring throughout the living and dining area, the open-concept layout seamlessly extends to a private balcony - the perfect place to relax and unwind. The spacious kitchen is anchored by a breakfast bar that creates an effortless flow into the open-concept living and dining space. A versatile bonus space offers the ideal setup for a home office, walk-in pantry, or additional storage. Ideally situated in the heart of central Newmarket, this condo is conveniently located near Southlake Hospital, Upper Canada Mall, GO Transit, parks, schools, and everyday amenities, while only minutes from the charm and energy of Historic Main Street Newmarket - home to boutique shopping, inviting cafés, and restaurants. Easy access to Highways 404 and 400 makes commuting a breeze. This fabulous unit also includes one outdoor parking space and one locker. Picture your life here - don't miss out.

260 Davis Drive Unit 1008 - Condo photo 1 of 19 in Newmarket, Ontario
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active
New Listing
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$399,000 - 260 Davis Drive Unit 1008, Newmarket

Condo for Sale in Newmarket

New — Listed 2 days ago
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
N13431326
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Newmarket
Locker
Exclusive
Exposure
West
Balcony
Open
Listing Brokerage
MAIN STREET REALTY LTD.
Description

Positioned atop the building, this bright penthouse-level 1+1 bedroom, 1-bath condo enjoys sweeping western sunset views and an abundance of natural light throughout. Featuring engineered hardwood flooring throughout the living and dining area, the open-concept layout seamlessly extends to a private balcony - the perfect place to relax and unwind. The spacious kitchen is anchored by a breakfast bar that creates an effortless flow into the open-concept living and dining space. A versatile bonus space offers the ideal setup for a home office, walk-in pantry, or additional storage. Ideally situated in the heart of central Newmarket, this condo is conveniently located near Southlake Hospital, Upper Canada Mall, GO Transit, parks, schools, and everyday amenities, while only minutes from the charm and energy of Historic Main Street Newmarket - home to boutique shopping, inviting cafés, and restaurants. Easy access to Highways 404 and 400 makes commuting a breeze. This fabulous unit also includes one outdoor parking space and one locker. Picture your life here - don't miss out.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,047.08/mo

Includes CMHC insurance ($11,132)

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5%10%50%

5-yr fixed avg.

Principal: $359,100Interest: $243,891
Mortgage Amount$370,232
Total Interest$243,891
Est. Property Tax$283/mo
Total Cost$614,123

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

260 Davis Drive Unit 1008, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.1%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$283
Insurance (est.)-$83
Net Cash Flow+$1,379

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 $570/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 700 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.

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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    260 Davis Drive Unit 1008, Newm… — $399,000 | Battaglia Team