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OntarioNewmarketUrban Condominium Residences

a Bertrim Property Intelligence publication · MyPropertyScout.ca

Urban Condominium Residences

Vol 1 · Issue 1
Tuesday, June 30
Updated 17 hours ago
Urban Condominium Residences — MLS listing photo

Photo via MLS®

Urban Condominium Residences (Condo Corp #609) in Newmarket · 250 Davis. 3 active listings. Source: PropTx MLS via Bertrim Property Intelligence.

Condo fees & carrying cost
$971/mo
High fee burden

2.59% of list price per year (+1.04 pp vs Newmarket median)

Fee includes: Heat Included, Water Included, Cable TV Included, CAC Included, Common Elements Included, Building Insurance Included, Parking Included

$971/mo works out to about 2.59% of list price annually — buyers often discount units when carrying costs run high. That's 1.04 pp above the city median for similar condos. Turnover is relatively quick despite fees (median 11 DOM). Higher carrying costs can narrow the buyer pool — weigh monthly all-in cost, not list price alone.

$470K
Median list
0
Sold 12mo
11d
DOM
3
Actives

Bryon's Take

Active market at Urban Condominium Residences

3 active MLS listings at Urban Condominium Residences right now with median fees of $971/mo. Carrying cost runs 2.59% of list price annually — above the Newmarket peer median. Current actives mention fitness and party room amenities. Recent MLS remarks mention reserve fund health — worth confirming on status certificate review. Market signal on current inventory: hot.

BB

Bryon Bertrim REALTOR®

Founder, Bertrim Property Intelligence

Home Equity Strategist · MyStreetValue.ca

Real Broker Ontario LTD Brokerage

Building profile

GymElevatorLocker9 storeys
Buyer note (from MLS remarks)

Well-run condo corporation with a $1M+ reserve fund, no special assessments, and no litigation - status certificate ready for immediate review.

Unit mix (active MLS)

BedsSqft bandActiveList rangeSold 12mo
1 bed800-8991$449,900
2 bed1000-11991$598,888
3 bed1400-15991$469,900

Active inventory by bedroom count and MLS living-area band. Sold median is building-level by bed bucket (12 months).

Active listings

$400K
2 bed · Condo Apartment · 11d
$450K
1 bed · Condo Apartment
$599K
2 bed · Condo Apartment
$549K
3 bed · Condo Apartment
$470K
3 bed · Condo Apartment · 11d
Browse Urban Condominium Residences listings on MyPropertyScout →
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Nearby buildings

Specialty Lofts3 active · $1,526/moCondo building2 active · $874/moKing George School Lofts2 active · $941/moThe Davis15 active · $721/moGrandview Condominiums3 active · $561/moRodeo Walk2 active · $142/mo

Data transparency

Stats sources: PropTx

Last refreshed: 17 hours ago

Coverage: 50% — more sources in Phase 2

Published by Bertrim Property Intelligence · Analysis by Bryon Bertrim, REALTOR®

Search Newmarket buildings · Newmarket market · 613.591.9990