185 Deerfield Road Unit 1002, Newmarket

Price: $459,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: N13552874

Welcome to Unit 1002 at The Davis Condos, a bright and stylish 1 Bed, 1 Bath suite located in the heart of Newmarket. Positioned on a high floor with open views, this unit offers a functional open-concept layout featuring a modern kitchen with stainless steel appliances, quartz countertops, and smooth ceilings throughout. Enjoy natural light streaming through floor-to-ceiling windows and walk out to a private balcony, perfect for relaxing or entertaining. Located steps from Upper Canada Mall, public transit, Newmarket GO Station, and a variety of shops, parks, restaurants, and medical facilities. Easy access to Hwy 404 & 400. Don't miss this opportunity to live in one of Newmarket's most sought-after new developments!

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$459,000 - 185 Deerfield Road Unit 1002, Newmarket

Condo for Sale in Newmarket

44 days on market

Neighbourhood: Central Newmarket

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
N13552874
Property Type
Condo
Status
active
Days on Site
44
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Newmarket
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
RE/MAX REALTRON WENDY ZHENG REALTY
Description

Welcome to Unit 1002 at The Davis Condos, a bright and stylish 1 Bed, 1 Bath suite located in the heart of Newmarket. Positioned on a high floor with open views, this unit offers a functional open-concept layout featuring a modern kitchen with stainless steel appliances, quartz countertops, and smooth ceilings throughout. Enjoy natural light streaming through floor-to-ceiling windows and walk out to a private balcony, perfect for relaxing or entertaining. Located steps from Upper Canada Mall, public transit, Newmarket GO Station, and a variety of shops, parks, restaurants, and medical facilities. Easy access to Hwy 404 & 400. Don't miss this opportunity to live in one of Newmarket's most sought-after new developments!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,354.91/mo

Includes CMHC insurance ($12,806)

$
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5-yr fixed avg.

Principal: $413,100Interest: $280,566
Mortgage Amount$425,906
Total Interest$280,566
Est. Property Tax$325/mo
Total Cost$706,472

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.

Ready to get pre-approved?

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Neighbourhood Guide: Central Newmarket

Discover Central Newmarket

Central 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 Central 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

Central 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

185 Deerfield Road Unit 1002, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$325
Insurance (est.)-$96
Net Cash Flow+$989

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 $765/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 44 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 600 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.

About Central Newmarket

I know Central Newmarket well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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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    185 Deerfield Road Unit 1002, Newmarket | $459,000 | Battaglia Team