250 Davis Drive, Unit 01, Newmarket, ON

$599,999
MLS#:N9400317
3 beds
2 baths
1000-1199 sqft
1.0 parking
Residential Condo & Other
250 Davis Drive 601, Newmarket, ON L3Y 7T7
⚠️

Property no longer active

This property was sold on January 28, 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 $599,999 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1000-1199 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Storage Area Lockers
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Beautiful Bright & Spacious Corner Unit, Just Under 1,161 Sq Ft With Unobstructed Views At The Atwood, A Sought After Welcoming & Quiet Building Offering Security, Ample Visitor Parking, An Exercise Room & More! Upgraded Eat In Kitchen With Custom Cabinets, Granite Countertop, Backsplash, Stainless Steel Appliances & Laminate Flooring Throughout. Custom Built In Closets In Addition To The Walk In Closet In The Primary Suite Add To Already Generous Storage. This Unit Has Very Lovely Lighting And Special Views, Given How It Is Situated. Come And Have A Look To Experience The Beauty And Peaceful Feeling This Suite Offers. High Performance Ensuite Laundry And Two Full Renovated Bathrooms. All Ready To Move In, Not A Thing To Do!

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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 658 days. This property is listed at $599,999 with an estimated mortgage of $1,997* per month. It has 3 beds, 2 bathrooms, and is 1000-1199 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.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Central Newmarket, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1000-1199 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Newmarket.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1000-1199 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 28, 2025
Sold price information is available to members only
Listed Date10/17/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$2,153.61

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Park
  • School

Interior Features

  • Storage Area Lockers

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 250 Davis Drive, Unit 01, Newmarket, ON

Q.What is the asking price for 250 Davis Drive, Unit 01, Newmarket, ON ?

The current listing price for 250 Davis Drive, Unit 01, Newmarket, ON in Central Newmarket, Newmarket is $599,999.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1000-1199 sqft.

Q.What property type and architectural style is 250 Davis Drive, Unit 01, Newmarket, ON ?

250 Davis Drive, Unit 01, Newmarket, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 250 Davis Drive, Unit 01, Newmarket, ON offer?

Key property features include: Hospital, Park, School.

Q.What interior features are included in this home?

Interior highlights include: Storage Area Lockers.

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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250 Davis Drive, Unit 01, Newmarket, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 250 Davis Drive 601, Newmarket, ON L3Y 7T7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

Configure Loan Settings

Interest Rate4.00%
Down Payment$180,000 (30.0%)
* Minimum Canadian down payment required for this price is $35,000.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,999 over 30 years.
Purchase Price$599,999
Loan Amount$419,999
Provincial Land Transfer Tax:$8,475
Total Estimated Closing Taxes:$8,475

About Purchasing a Home in Newmarket, ON

For a property listed at $599,999 in Newmarket, the legal minimum down payment is $35,000 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 $8,475 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 $8,475.

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Central Newmarket, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,152,701

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Central Newmarket, Newmarket

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

Central Newmarket, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.