$517K · 1+1 bed Condo Apartment · Central Newmarket, Newmarket

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About this home

Be The First To Live At The Davis Condos, Conveniently Located Mins From Desirable Area Amenities! Upper Canada Mall Is Steps Away, 5 Mins To Historic Main St, Nearby Top Medical Facilities & Local To Many Hiking & Biking Trails At Mabel Conservation Area. Easy Access To Hwy 404, 5 Mins To GO Station. New, Functional 1+Den, 2 Bath W/ Balcony. 9' Ceilings, Vinyl Plank Flooring Throughout. Quartz Kitchen Countertop, Soft Close Drawers, Chrome Finish Hardware And Fixtures, S/S Appliances: Fridge, D…

Property details

MLS#

N13434344

Status

Buy Now

Beds

1+1

Baths

2 full, 0 half

Size

700-799

Style

Apartment

Type

Condo Apartment

Year built

—

Property features: Hospital, Library, Park, Place Of Worship, Public Transit, School

Building name: The Davis
Condo corp #: 1543
Balcony: Open
Locker: None
Association amenities: Exercise Room, Guest Suites, Party Room/Meeting Room, Rooftop Deck/Garden, Visitor Parking
Fees include: Common Elements Included, Building Insurance 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: 3
Utilities: —
Laundry: Ensuite
Interior: None
Parking features: Underground

Level	Room	Dimensions
Main	Living Room	3.2m × 4.37m
Main	Dining Room	3.2m × 4.37m
Main	Kitchen	3.2m × 4.37m
Main	Bedroom	2.84m × 3.1m
Main	Den	2.13m × 2.92m

Level

Room

Dimensions

Main

Living Room

3.2m × 4.37m

Main

Dining Room

3.2m × 4.37m

Main

Kitchen

3.2m × 4.37m

Main

Bedroom

2.84m × 3.1m

Main

Den

2.13m × 2.92m

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $516,805✓ $0 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,345/mo

incl. closing costs (yr 1)

Annual total

$52,143

year 1

Mortgage only

$1,961/mo

principal + interest

Beyond mortgage

$1,359/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$103,361

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$0/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 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%$5,168/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)$42/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,811

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)45% $23,527/yr

Property taxes13% $6,811/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $5,168/yr

Condo fees11% $5,976/yr

Closing costs10% $5,100/yr

Mortgage is 45% of your true cost of ownership. The other 55% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$23,527	$1,961/mo
Government & taxes
Land transfer tax(closing)	$6,811	$568/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%)	$5,168	$431/mo
Condo fees
Condo / HOA fees	$5,976	$498/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	$52,143	$4,345/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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