$539,800 - 260 Davis Drive Unit 707, Newmarket
Condo for Sale in Newmarket
132 days on market- MLS Number
- N12756606
- Property Type
- Condo
- Status
- active
- Days on Site
- 132
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Newmarket
- Locker
- Exclusive
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome To This Spacious 3-bedroom Condo In The Heart Of Newmarket! Featuring A Bright, Open Concept Layout, The Generous Kitchen Flows Seamlessly Into The Dinning Area And Living Room, Creating An Ideal Space For Everyday Living And Entertaining. Large Windows Throughout Fill The Area With An Abundance Of Natural Light. Enjoy Your Morning Coffee Or Evening Unwinding On Your Covered Balcony, Offering Comfort And Shelter Year Round. The Unit Also Includes Two Parking Spaces And An Oversized Storage Room Inside Your Unit, A Rare and Valuable Bonus. This Perfectly Located Condo is Within Walking Distance to Upper Canada Mall, And A Wide Array of Shops, Restaurants And Public Transit, Making Commuting Simple and Stress Free. 10 Minute Drive to Hwy 404 and 15 minute drive to Hwy 400. An Exceptional Opportunity For Families, Professionals, or Investors Seeking Space, Light, And Unbeatable Convenience In A Central Newmarket Location. The Condominium Amenities Include A Gym, Party/Rec Room For Special Events Or Large Gatherings As Well As An Exclusive Locker For Any Extra Storage You Might Have. The Kitchen Boasts Double Basin Sink And Plenty of Counter Space. The Whole Unit Boasts Laminate Floors Throughout, No Carpet. This Unit Is Also Excellent For Anyone Who Has Mobility Issues As The Underground Parking Spot Is Close To The Entrance Door Into The Basement And Unit 707 Is Close To The Elevator. This Condo Shows Pride Of Ownership, Feels Open and Inviting And Is Waiting For You To Call It Home. Don't Miss Out, Book Your Showing Today!
Estimate your monthly payments for this property
Estimated Payment
$2,769.45/mo
Includes CMHC insurance ($15,060)
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 707, Newmarket
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Competitive Pricing
At $540/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 132 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.
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 $2,249 (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.