$549,900

For sale

#207 543 Timothy Street, Newmarket (Central Newmarket), Ontario, L3Y1R1

1 bd1 ba2 pk650 ft²+$1223/mo

Listed by ROYAL LEPAGE RCR REALTY

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Listed by RE/MAX HALLMARK YORK GROUP REALTY LTD.

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2 days ago

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For saleJust listed

3 days ago

$749K

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3 bd2 ba1 pk1,300 ft²+$744/mo

Listed by CENTURY 21 HERITAGE GROUP LTD.

Investment analysis

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$549,900

Newmarket

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#1205 185 Deerfield Road, Newmarket (Central Newmarket) - Single Family for Sale

#1205 185 Deerfield Road, Newmarket (Central Newmarket), Ontario, L3Y0G7

2 beds2 baths1 parking750 ft²$721/mo condo feeListed 49 days ago

Overview

This 2-bedroom, 2-bathroom condo in Newmarket is for sale offering roughly 750 sq ft of space. Listed at $549,900, it is attractively priced about 7% below the $590,000 median asking price in Newmarket. It has been on the market 49 days, fresher than the Newmarket average of 70 days.

Condos for Sale in Newmarket →All real estate in Newmarket →

Description

Welcome to The Davis by Rose Corp, a modern living gem nestled in the heart of Newmarket! This beautifully designed two-bedroom, two-bathroom condo offers a perfect blend of sophisticated elegance and everyday functionality. Located in one of Newmarket's most desirable and rapidly growing communities, it provides a spacious open-concept layout that creates a bright and inviting living space. Seamlessly flowing on to a private balcony, it's the ideal spot for relaxation or entertaining. Thoughtfully designed for comfort and practicality, this suite caters to professionals, couples, or small families.Building amenities include a rooftop terrace, fully equipped fitness centre, party/meeting room, kids' playroom, guest suites, pet spa, visitor parking, and more. Conveniently located, it boasts easy access to public transit, major highways, shopping, dining, and parks, delivering the perfect balance of luxury, convenience, and lifestyle. This is a fantastic opportunity to live in a vibrant, well-connected neighbourhood. (id:66096)

Property Details

MLS®: N13796060
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $721/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,344.68/yr
Listed: 49 days ago

Features

Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

49d

Newmarket (Central Newmarket) listings, avg age

70d

Price / ft²

$734

List price

$550K

Homes here sell faster than most markets

Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This 2-bed single family in Newmarket (Central Newmarket) has been listed for 49 days, which is 21 days fresher than the city average of 70. Act while there is still low competition.

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Listed by BAYTREE REAL ESTATE INC. · DYLAN KIM

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $549,900, about 5.9× the local median household income of $93,000.

Carrying it typically needs a household income of about $107,415 (20% down, 25-yr amortization, stress-tested) — roughly 15% above the area median.

Median household income: $93,000
Population: 43,556
Median age: 45.6
Owner / renter: 68% / 32%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3Y)

$549,900· $734/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $29,990.00

Min 5.45%50%

Mortgage payment$2,882/mo

↳ CMHC premium ($20,796 capitalized)

Property tax (est.)$195/mo

Condo fee$721/mo

Total monthly$3,799

Cash Needed to Close

Down payment (5.45%)$29,990

Land transfer tax$7,473

Est. closing costs$4,150

Total cash needed$41,613

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice