250 Davis Drive, Unit 1003, Newmarket, ON
Property no longer active
This property was sold on June 20, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $514,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Auto Garage Door Remote, Intercom, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this beautiful South-West facing, updated 1-bedroom, 1-bathroom condo, offering the perfect blend of comfort, convenience, and style. Located in the heart of Newmarket, having access to every amenity you could imagine, including Upper Canada Mall, South Lake Hospital, trails, and the infamous Fairy Lake; this home is ideal for first-time buyers, young professionals, or those looking to downsize. As you step inside, you're greeted by an open-concept kitchen and living area with large windows that flood the space with natural light. The modern kitchen is fully equipped with appliances, sleek countertops, a mobile island providing ample storage, making it perfect for cooking and entertaining. The spacious bedroom offers a peaceful retreat, featuring generous closet space and a large window with views of the surrounding area. The bathroom is tastefully designed with contemporary finishes, including double sinks and a stylish vanity. Additional highlights of this condo include vinyl flooring (2023), in-unit laundry, and a solarium, perfect for an additional seating area or office space!
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Property Summary
This condo apartment located at 250 Davis Drive, Newmarket is currently for sale and has been available on SousaSells for 434 days. This property is listed at $514,500 with an estimated mortgage of $1,713* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 250 Davis Drive, Newmarket is in the Central Newmarket neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Central Newmarket, Newmarket.
- •2 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •800-899 sqft of generous functional square footage
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Hospital
- Library
- Park
- Place Of Worship
- Public Transit
Interior Features
- Auto Garage Door Remote
- Intercom
- On Demand Water Heater
- Primary Bedroom - Main Floor
- Storage Area Lockers
Security Features
- Security System
Community Features
None listed
Frequently Asked Questions about 250 Davis Drive, Unit 1003, Newmarket, ON
Q.What is the asking price for 250 Davis Drive, Unit 1003, Newmarket, ON ?
The current listing price for 250 Davis Drive, Unit 1003, Newmarket, ON in Central Newmarket, Newmarket is $514,500.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 1 bathroom across approximately 800-899 sqft.
Q.What property type and architectural style is 250 Davis Drive, Unit 1003, Newmarket, ON ?
250 Davis Drive, Unit 1003, Newmarket, ON is a Condo Apartment (Apartment) featuring a None basement.
Q.What key property features does 250 Davis Drive, Unit 1003, Newmarket, ON offer?
Key property features include: Hospital, Library, Park, Place Of Worship, Public Transit.
Q.What interior features are included in this home?
Interior highlights include: Auto Garage Door Remote, Intercom, On Demand Water Heater, Primary Bedroom - Main Floor, Storage Area Lockers.
Q.What security features are installed at 250 Davis Drive, Unit 1003, Newmarket, ON ?
Security features include: Security System.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (Underground).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 250 Davis Drive 1003, Newmarket, ON L3Y 7T7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $514,500 in Newmarket, the legal minimum down payment is $26,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,765 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,765.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.