503-185 Deerfield Road, Newmarket, ON
Central Newmarket, Newmarket · MLS® N13170236
About this home
In short
- Discover refined urban living in this exceptional two bedrooms plus a den, two bathrooms bright corner suite at The Davis Condominium building is LEED Silver...
- Flooded with natural light through floor-to-ceiling windows, the open-concept layout balances modern luxury with everyday functionality.
- Perfectly situated for commuters and lifestyle seekers, you're minutes from Highway 404, major public transit routes, and the Newmarket GO Station.
Discover refined urban living in this exceptional two bedrooms plus a den, two bathrooms bright corner suite at The Davis Condominium building is LEED Silver certification (Leadership in Energy and Environmental Design) approximately 850 square feet of meticulously designed interior space plus an expansive 530 square foot private terrace with coveted south-east exposure. Flooded with natural light through floor-to-ceiling windows, the open-concept layout balances modern luxury with everyday functionality. Entertain effortlessly on your generous terrace-ideal for al fresco dining or unwinding against sweeping open views-while two premium side-by-side parking spaces add unmatched convenience. Perfectly situated for commuters and lifestyle seekers, you're minutes from Highway 404, major public transit routes, and the Newmarket GO Station. Enjoy immediate access to retail, dining, and entertainment at Upper Canada Mall, top-rated healthcare at Southlake Regional Health Centre, and the charm of historic Main Street Newmarket. For nature enthusiasts, scenic trails at Mabel Davis Conservation Area are just steps away, providing an ideal balance of urban amenities and outdoor respite. Residents of The Davis enjoy a comprehensive suite of premium amenities: state-of-the-art fitness centre, elegant party and games rooms, versatile meeting spaces, private theatre, visitor parking, professional concierge service, and a beautifully appointed rooftop terrace perfectly equipped with communal barbecues, patio furniture and indoor space for social gatherings and celebrations. This rare corner unit represents a singular opportunity to secure space, luxury, and location in one of Newmarket's most vibrant communities!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- N13170236
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 800-899 sq ft
- Cross streets
- Davis Drive & Yonge Street
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Heat Pump
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $848/mo
- Exposure
- South East
- Property tax
- $3,985 / 2025
- Days on market
- 148
- Listing brokerage
- CENTURY 21 HERITAGE GROUP LTD.
Rooms
vinyl floor · double closet · ensuite bath
4 pc bath · vinyl floor
vinyl floor · open concept · w/o to terrace
combined w/den · vinyl floor · closet
ceramic floor · 4 pc bath
vinyl floor · window · closet
vinyl floor · stainless steel appl · quartz counter
3 pc ensuite · stone floor
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readNeighbourhood & location
Central Newmarket, Newmarket, ON
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Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $519,920 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,875
- Property tax
- $332
- Condo / maintenance fees
- $848
- Heating
- $0
- Estimated monthly cost
- $4,055
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $9,473
- Estimated closing costs
- $9,473
Plus your down payment of $129,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $172,484
- Principal paid down
- $63,525
- Interest paid
- $108,959
- Balance remaining
- $456,395
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. MLS®/PropTx.