$495,000

For sale

#408 270 Davis Drive, Newmarket (Central Newmarket) - Single Family for Sale

#408 270 Davis Drive, Newmarket (Central Newmarket), Ontario, L3Y8K2

2 beds2 baths1 parking950 ft²$760/mo condo feeListed 15 days ago

Overview

This 2-bedroom, 2-bathroom condo in Newmarket is for sale offering roughly 950 sq ft of space. Listed at $495,000, it is attractively priced about 16% below the $590,000 median asking price in Newmarket. It has been on the market 15 days, fresher than the Newmarket average of 72 days.

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Description

Enjoy comfortable, convenient living in this bright and spacious 2-Primary bedroom (full Ensuites) condo featuring abundant natural light and impressive floor-to-ceiling windows. Thoughtfully updated throughout, this inviting home boasts a refreshed kitchen with quartz countertops, stylish backsplash, breakfast bar, and laminate flooring. Additional upgrades include updated bathrooms with modern showers and vanities, plus a newer furnace and washer/dryer. Generous walk-in closets provide excellent storage.Enjoy an exceptional selection of amenities, including a lap pool, hot tub, sauna, exercise room, recreation room, library. Ideally suited for first-time buyers, young families, downsizers, or retirees seeking a comfortable, low-maintenance lifestyle.Conveniently located close to shopping, public transit, the GO Train, and the charm of historic downtown Newmarket, this condo offers the perfect blend of comfort, convenience, and lifestyle. (id:66096)

Property Details

MLS®: N14096754
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $760/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,291/yr
Listed: 15 days ago

Rooms

Main level

Kitchen: 3.14 x 2.58 meters
Living room: 3.54 x 3.35 meters
Dining room: 3.51 x 3.34 meters
Primary Bedroom: 4.31 x 3.05 meters
Bedroom 2: 4.38 x 3.03 meters
Laundry room: 1 x 1 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Intercom, Dishwasher, Stove, Dryer, Microwave, Window Coverings, Garage door opener remote(s)
Flooring: Laminate
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

15d

Newmarket (Central Newmarket) listings, avg age

72d

Price / ft²

$521

List price

$495K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 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 15 days, which is 57 days fresher than the city average of 72. Act while there is still low competition.

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Listed by KELLER WILLIAMS REALTY CENTRES · STEWART MADDEN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $495,000, about 5.3× the local median household income of $93,000.

Carrying it typically needs a household income of about $96,691 (20% down, 25-yr amortization, stress-tested) — roughly 4% 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)

$495,000· $521/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,750

Min 5%50%

Mortgage payment$2,607/mo

↳ CMHC premium ($18,810 capitalized)

Property tax (est.)$191/mo

Condo fee$760/mo

Total monthly$3,558

Cash Needed to Close

Down payment (5%)$24,750

Land transfer tax$6,375

Est. closing costs$3,985

Total cash needed$35,110

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