$1,098,000 - 705 Davis Drive Unit A803, Newmarket
Condo for Sale in Newmarket
34 days on marketNeighbourhood: Huron Heights-Leslie Valley
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- MLS Number
- N13739818
- Property Type
- Condo
- Status
- active
- Days on Site
- 34
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Newmarket
- Maintenance Fees
- $744/mo
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP INCENTIVE REALTY INC.
Welcome to this brand-new corner-unit condominium at Kingsley Square, ideally located in the heart of Newmarket. This bright and spacious 2-bedroom, 2-full-bathroom unit features an open-concept layout, 9-foot ceilings, and floor-to-ceiling windows throughout. Enjoy panoramic views from the balcony, great room, kitchen, and bedrooms. In-suite laundry. The unit includes 1 underground parking space and 1 locker. Building Amenities Include: Fully equipped gym, Party room, Boardroom, Rooftop terrace with BBQ, Pet wash station, Visitor parking, Guest suite. Prime Location Close To Hospital, Downtown, Schools, Parks and trails, GO Station, Upper Canada Mall, Costco,and Highway 404 for easy commuting. Don't miss this opportunity to live in a brand-new condominium in one of Newmarket's most convenient locations!
Estimate your monthly payments for this property
Estimated Payment
$4,856.82/mo
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 Huron Heights-Leslie Valley
Huron Heights-Leslie Valley 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 Huron Heights-Leslie Valley
- •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
Huron Heights-Leslie Valley 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.
705 Davis Drive Unit A803, 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
Fair Market Value
At $1098/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 34 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. The $744/month fees should cover building insurance, common elements, and reserve contributions.
About Huron Heights-Leslie Valley
I know Huron Heights-Leslie Valley 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.
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 $4,575 (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.