$499,000

For saleJust listed

#909 250 Davis Drive, Newmarket (Central Newmarket) - Single Family for Sale

#909 250 Davis Drive, Newmarket (Central Newmarket), Ontario, L3Y7T7

3 beds2 baths1 parking1,100 ft²$971/mo condo feeListed 3 days ago

Overview

This 3-bedroom, 2-bathroom condo in Newmarket is for sale offering roughly 1,100 sq ft of space. Listed at $499,000, it is attractively priced about 15% below the $590,000 median asking price in Newmarket. It has been on the market 3 days, fresher than the Newmarket average of 72 days.

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Description

Beautiful east-facing 2-bedroom, 2-bath condominium in the heart of Newmarket, featuring a bright and spacious solarium and an abundance of natural light throughout. Beautifull view! Move-in ready with an open-concept living and dining area, laminate flooring throughout, and a modern kitchen with stainless steel appliances. Elegant crown moulding enhances the living space. The primary suite offers two large closets and a 3-piece ensuite, the generous second bedroom provides excellent flexibility for family, guests, or a home office. Meticulously maintained unit and building. Includes one parking space and locker. Ideally located close to schools, Upper Canada Mall, Southlake Hospital, public transit, highways, restaurants, and everyday amenities. (id:66096)

Property Details

MLS®: N14137736
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,100 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $971/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,351.56/yr
Listed: 3 days ago

Rooms

Main level

Living room: 5.59 x 3.25 meters
Dining room: 3.25 x 1.98 meters
Kitchen: 3.56 x 2.51 meters
Solarium: 3.51 x 1.91 meters
Primary Bedroom: 4.72 x 4.37 meters
Bedroom: 4.29 x 2.79 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, Dishwasher, Stove, Dryer, Freezer, Blinds
Flooring: Laminate, Carpeted
Exterior: Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Newmarket (Central Newmarket) listings, avg age

72d

Price / ft²

$454

List price

$499K

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 3-bed single family in Newmarket (Central Newmarket) has been listed for 3 days, which is 69 days fresher than the city average of 72. Act while there is still low competition.

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Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. · JAGJEET KAUR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L3Y)

This home lists at $499,000, about 5.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 5% 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)

$499,000· $454/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,950

Min 5%50%

Mortgage payment$2,628/mo

↳ CMHC premium ($18,962 capitalized)

Property tax (est.)$196/mo

Condo fee$971/mo

Total monthly$3,795

Cash Needed to Close

Down payment (5%)$24,950

Land transfer tax$6,455

Est. closing costs$3,997

Total cash needed$35,402

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