$596K · 2+1 bed Condo Apartment · Central Newmarket, Newmarket

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About this home

Elevated Living at The Davis Residences - A Rare Southwest Corner Suite in NewmarketStep into an exceptional 845 sq ft southwest-facing corner suite offering 2 bedrooms + den and 2 full bathrooms - a thoughtfully designed layout where every square foot is maximized for comfort and style. Natural light pours in throughout the day, while evenings deliver breathtaking sunsets from your private balcony.The open-concept living and dining area flows seamlessly out to the balcony, perfect for everyday…

Property details

MLS#

N13240666

Status

Buy Now

Beds

2+1

Baths

2 full, 0 half

Size

800-899

Style

Apartment

Type

Condo Apartment

Year built

—

Condo corp #: 1543
Balcony: Open
Locker: Owned
Fees include: CAC Included, Parking Included
Pets: Yes-with Restrictions

Garage: 1-car Underground
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Davis/Yonge
Basement: None
Stories: 4
Utilities: —
Laundry: In-Suite Laundry
Interior: Built-In Oven
Parking features: —

Level	Room	Dimensions
Flat	Bedroom	2.91m × 3.67m
Flat	Bedroom	3.07m × 3.2m
Flat	Den	—
Flat	Bathroom	—
Flat	Bathroom	—
Flat	Living Room	3.1m × 3.52m
Flat	Dining Room	3.1m × 3.52m
Flat	Kitchen	3.24m × 3.32m
Flat	Foyer	2.9m × 2.85m

Level

Room

Dimensions

Flat

Bedroom

2.91m × 3.67m

Flat

Bedroom

3.07m × 3.2m

Flat

Den

—

Flat

Bathroom

—

Flat

Bathroom

—

Flat

Living Room

3.1m × 3.52m

Flat

Dining Room

3.1m × 3.52m

Flat

Kitchen

3.24m × 3.32m

Flat

Foyer

2.9m × 2.85m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $595,800✓ $3,619 tax✓ Gas✓ 800-899 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$5,426/mo

incl. closing costs (yr 1)

Annual total

$65,111

year 1

Mortgage only

$2,260/mo

principal + interest

Beyond mortgage

$2,008/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$119,160

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$302/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~850 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$5,958/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$65/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$8,391

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)42% $27,123/yr

Property taxes18% $12,010/yr

Utilities6% $3,960/yr

Insurance & security2% $1,600/yr

Maintenance9% $5,958/yr

Condo fees14% $9,360/yr

Closing costs8% $5,100/yr

Mortgage is 42% of your true cost of ownership. The other 58% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$27,123	$2,260/mo
Government & taxes
Property tax	$3,619	$302/mo
Land transfer tax(closing)	$8,391	$699/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$5,958	$497/mo
Condo fees
Condo / HOA fees	$9,360	$780/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$65,111	$5,426/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Annual costs