185 Deerfield Road Unit 315, Newmarket

Price: $465,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: N13462000

Discover the 1 Bedroom + Den suite at Davis Condos in Newmarket! This open-concept layout features laminate flooring, large windows, and a versatile den perfect for a home office or extra bedroom. The modern kitchen boasts quartz countertops, a stylish backsplash, and top-tier appliances. Enjoy convenience with Upper Canada Mall, Costco, Walmart, and more just minutes away. Outdoor lovers will appreciate near by parks and trails like Mabel Davis Conservation Area and Fairy Lake Park. Plus, transportation is a breeze with Newmarket GO Station, VIVA Blue Line, and Highway 404 nearby. Building amenities include a fitness center, yoga/weight rooms, meeting room, kids play zone, entertainment room, outdoor terrace, and pet spa. This condo offers the perfect blend of comfort, style, and location!

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$465,000 - 185 Deerfield Road Unit 315, Newmarket

Condo for Sale in Newmarket

Neighbourhood: Central Newmarket

2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
N13462000
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Newmarket
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Description

Discover the 1 Bedroom + Den suite at Davis Condos in Newmarket! This open-concept layout features laminate flooring, large windows, and a versatile den perfect for a home office or extra bedroom. The modern kitchen boasts quartz countertops, a stylish backsplash, and top-tier appliances. Enjoy convenience with Upper Canada Mall, Costco, Walmart, and more just minutes away. Outdoor lovers will appreciate near by parks and trails like Mabel Davis Conservation Area and Fairy Lake Park. Plus, transportation is a breeze with Newmarket GO Station, VIVA Blue Line, and Highway 404 nearby. Building amenities include a fitness center, yoga/weight rooms, meeting room, kids play zone, entertainment room, outdoor terrace, and pet spa. This condo offers the perfect blend of comfort, style, and location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,385.69/mo

Includes CMHC insurance ($12,974)

$
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5%10%50%

5-yr fixed avg.

Principal: $418,500Interest: $284,234
Mortgage Amount$431,474
Total Interest$284,234
Est. Property Tax$329/mo
Total Cost$715,707

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: 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 315, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$329
Insurance (est.)-$97
Net Cash Flow+$1,449

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

Fair Market Value

At $930/sqft, this property is priced in line with current Newmarket market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 20 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 500 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 315, Newmarket | $465,000 | Battaglia Team