270 Davis Drive Unit 211, Newmarket

Price: $448,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: N12829554

Steps to Southlake Hospital and Go Train, this spacious 2-bedroom, 2-bathroom condo is perfectly designed for comfort and convenience. The thoughtful layout ensures complete privacy, with the bedrooms separated by the main living area. Each bedroom acts as a private retreat, featuring its own walk-in closet and 3-piece bathroom. The kitchen is anchored by a breakfast bar that allows for an effortless flow into the open-concept living and dining space, where large West-facing windows flood the home with afternoon sun. Enjoy a short stroll to the trendy shops, restaurants, and vibrant culture of Main Street. Close to parks, trails, Yonge Street, and Upper Canada Mall. Residents enjoy fantastic building amenities, including a library, party/meeting room, gym and lap pool. Whether you are a first-time buyer, downsizer, or savvy investor, this is a fantastic opportunity in one of Newmarket's most sought-after locations!.

270 Davis Drive Unit 211 - Condo photo 1 of 17 in Newmarket, Ontario
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$448,000 - 270 Davis Drive Unit 211, Newmarket

Condo for Sale in Newmarket

41 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
N12829554
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Newmarket
Locker
Owned
Exposure
West
Balcony
None
Listing Brokerage
MAIN STREET REALTY LTD.
Description

Steps to Southlake Hospital and Go Train, this spacious 2-bedroom, 2-bathroom condo is perfectly designed for comfort and convenience. The thoughtful layout ensures complete privacy, with the bedrooms separated by the main living area. Each bedroom acts as a private retreat, featuring its own walk-in closet and 3-piece bathroom. The kitchen is anchored by a breakfast bar that allows for an effortless flow into the open-concept living and dining space, where large West-facing windows flood the home with afternoon sun. Enjoy a short stroll to the trendy shops, restaurants, and vibrant culture of Main Street. Close to parks, trails, Yonge Street, and Upper Canada Mall. Residents enjoy fantastic building amenities, including a library, party/meeting room, gym and lap pool. Whether you are a first-time buyer, downsizer, or savvy investor, this is a fantastic opportunity in one of Newmarket's most sought-after locations!.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,298.47/mo

Includes CMHC insurance ($12,499)

$
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5-yr fixed avg.

Principal: $403,200Interest: $273,842
Mortgage Amount$415,699
Total Interest$273,842
Est. Property Tax$317/mo
Total Cost$689,542

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

270 Davis Drive Unit 211, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$317
Insurance (est.)-$93
Net Cash Flow+$1,285

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, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $498/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 41 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.

Efficient Living

At 900 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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