260 Davis Drive, Unit 11, Newmarket, ON

$498,500
MLS#:N11927305
2 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
260 Davis Drive P1011, Newmarket, ON L3Y 7C3
⚠️

Property no longer active

This property was sold on February 3, 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 $498,500 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 900-999 sqft
  • 1.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: Primary Bedroom - Main Floor
  • equipped with other central cooling and highly efficient baseboard heating via electric

Description

Penthouse Living with a View in convenient Central Newmarket! Fabulous Updated Condo Apt with 900 sq ft Open Concept Floorplan offers 2 spacious bedrooms with XL Double Closets, Renovated 4 piece bathroom, 1 designated parking space close to South entrance, 1 storage locker and a private covered balcony! The Open Concept living and dining area with upgraded Hardwood Flooring provides an ideal space to relax and entertain. Walk out to Breathtaking Forested views and Relax on the Open Covered Balcony. The updated white kitchen is generously sized and equipped with Stainless Steel Appliances. Versatile Storage Rm/Office offers Multiple Uses and Dual Linen Closets (or Pantry) provide ample storage! This meticulously maintained unit is ideal for first-time homebuyers and downsizers. Walk to schools, shopping and amenities including: Southlake Hospital, Upper Canada Mall and Historic Main Street with shops, restaurants & lovely Fairy Lake. Well situated along the Viva public transit route & close to the GO Train station. Quick access to Highways 404 and 400! Secondary parking spots may be available for rent. Building offers On-site Property Management, On-site Laundry, Resident's Party/Meeting Room, Exercise Room/Gym & Bike Storage. Move in Ready!

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Property Summary

This condo apartment located at 260 Davis Drive, Newmarket is currently for sale and has been available on SousaSells for 567 days. This property is listed at $498,500 with an estimated mortgage of $1,659* per month. It has 2 beds, 1 bathroom, and is 900-999 square feet. 260 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?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Central Newmarket, Newmarket.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 900-999 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Newmarket.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateFebruary 3, 2025
Sold price information is available to members only
Listed Date1/16/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyYork
Annual Tax$1,943.77

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeSurface

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

  • Hospital
  • Library
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 260 Davis Drive, Unit 11, Newmarket, ON

Q.What is the asking price for 260 Davis Drive, Unit 11, Newmarket, ON ?

The current listing price for 260 Davis Drive, Unit 11, Newmarket, ON in Central Newmarket, Newmarket is $498,500.

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

This property features 2 bedrooms and 1 bathroom across approximately 900-999 sqft.

Q.What property type and architectural style is 260 Davis Drive, Unit 11, Newmarket, ON ?

260 Davis Drive, Unit 11, Newmarket, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 260 Davis Drive, Unit 11, Newmarket, ON offer?

Key property features include: Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Surface).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Other.

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Location

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260 Davis Drive, Unit 11, 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 260 Davis Drive P1011, Newmarket, ON L3Y 7C3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$149,550 (30.0%)
* Minimum Canadian down payment required for this price is $24,925.
Amortization Period30 Years
Estimated Monthly Payment$1,659Based on a loan of $348,950 over 30 years.
Purchase Price$498,500
Loan Amount$348,950
Provincial Land Transfer Tax:$6,445
Total Estimated Closing Taxes:$6,445

About Purchasing a Home in Newmarket, ON

For a property listed at $498,500 in Newmarket, the legal minimum down payment is $24,925 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 $6,445 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 $6,445.

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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.