$599,999 - 260 Davis Drive Unit 407, Newmarket
Condo for Sale in Newmarket
35 days on market- MLS Number
- N13108148
- Property Type
- Condo
- Status
- active
- Days on Site
- 35
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Newmarket
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- PG DIRECT REALTY LTD.
Visit REALTOR website for additional information. Welcome to Grandview Condominiums! Luxurious & carefree living in your own 3 bedroom (nearly 1100 sq ft) fully renovated unit with many upgrades. Fabulous central Newmarket location close to all amenities. Don't miss this rarely offered 3 bedroom condo apartment with a brand new high end kitchen. NEW PORCELAIN TILE IN KITCHEN AND BATH JAN 2026.Open concept design with a spacious living room and a walkout to the covered balcony. Two owned parking spots (1 underground and 1 above) .Lots of visitor parking. Location, location, location! Everything you could possibly want is either walking distance or minutes away including great shopping (Upper Canada Mall), restaurants, schools, parks, Hospital, Medical Clinics, rec facilities, public transit and so much more. This immaculate condo apartment will surely impress. All laminate and ceramic tile flooring. Quartz counters and tile backsplash in the kitchen. Fireplace in primary bedroom. Includes microwave, cabinetry in 4 pc bath, stainless steel appliances, custom light fixtures, California shutters, in-suite storage, built-in living room wall unit. Well maintained building with gym, party room with kitchen, bike storage, and storage locker. All freshly painted. This beautiful unit is an absolute must see!
Estimate your monthly payments for this property
Estimated Payment
$3,078.31/mo
Includes CMHC insurance ($16,740)
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.
260 Davis Drive Unit 407, 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 $600/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 35 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.
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 $2,500 (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.