414-185 Deerfield Road, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13574694

$2,300/mo
For Lease
Just listed today
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2Bedrooms
1Bathrooms
1Garage
500-599Sq Ft

About this home

This modern 1-bedroom + den, 1-bath condo is perfectly located near Yonge Street, the GO Station, public transit, and essential services, including the hospital. Close to Upper Canada Mall and historic Main Streets shops, skating rink, and splash pad. Inside, enjoy 9 ceilings, a bright open-concept layout, and a sleek kitchen with quartz counters and stainless steel appliances. The spacious bedroom features a 4-piece ensuite and access to a private balcony. Top-tier building amenities include a rooftop terrace, gym, yoga studio, party rooms, cinema, pet spa, and more. Convenient, comfortable, and community-focused, this unit has it all! ***Internet and parking included***

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13574694
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
500-599
Cross streets
Davis/Yonge
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North
Listing brokerage
BAYTREE REAL ESTATE INC.

Rooms

DenMain2.44 × 2.06 m

Vinyl Floor

KitchenMain3.45 × 3.02 m

vinyl floor · stainless steel appl · quartz counter

Dining RoomMain3.45 × 3.02 m

vinyl floor · open concept · combined w/kitchen

BedroomMain2.82 × 2.95 m

vinyl floor · closet · window

Living RoomMain3.45 × 3.02 m

vinyl floor · open concept · w/o to balcony

Moe’s TakeTeam Asgarian · Broker
Above comparables
$1,898/moest. value

Listed at $2,300/mo, this rental is about 21% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

Based on 6 similar rentals nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $2,200/mo
  • Adjusts to $2,200/mo

That comparable adjusts to $2,200/mo; the $1,898/mo estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not leased-deal prices. Condition, finishes, and exact inclusions are my in-person call.

Its public catchment (Newmarket HS) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1,836/moBelow market$2,300/moAbove market

Total price vs nearby homes. Fair value about $1,898/mo, median of 6 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Lifestyle
Comparable listingsCurrently listed nearby in Central Newmarket · asking prices
$2,367avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

216-185 Deerfield Road$2,200710-195 Deerfield Road$2,6001007-185 Deerfield Road$2,300

The 3 closest active listings nearby.

See all comparable homes
2,300This home2,2002,6002,300This home vs active comparables
Live market pulseActive comparables in Central Newmarket · median list $3K
6active listings nearby
View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Central Newmarket, Newmarket, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

84/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Davis Dr / Parkside Dr, about 65 m away

20+ transit stops4 grocery20+ dining20+ parks14 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Huron Heights-Leslie Valley
$4K

Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near J.L.R. Bell PS
54%
J.L.R. Bell PSPublic · Elementary · JK-5 · 0.3 km awayBelow the GTA average · 54% meet the provincial standard

Affordability & Mortgage

Affordability
$10/mo
$4KIncome needed
0.5×Price ÷ income
$2Weekly cost
20% down4.79%25-yr amortization

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.

88%mortgage
Mortgage $10Property tax $1Total carry $12

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,840 · 4.14% over 25 years

$460Down payment (20.0%)
$1,840Loan before insurance
$0CMHC premium
$11Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$1
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$11

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12
Estimated closing costs
$12

Plus your down payment of $460. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/monthPayment at the qualifying rate

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

$1,106Total interest paid
$2,946Total of all payments
Principal $1,840 Interest $1,106
YearPrincipalInterestBalance
1$43$75$1,797
2$45$73$1,752
3$47$71$1,705
4$49$69$1,656
5$51$67$1,606
6$53$65$1,553
7$55$63$1,498
8$57$60$1,440
9$60$58$1,380
10$62$55$1,318
11$65$53$1,253
12$68$50$1,185
13$70$47$1,115
14$73$44$1,042
15$77$41$965
16$80$38$885
17$83$35$802
18$87$31$716
19$90$28$626
20$94$24$532
21$98$20$434
22$102$16$332
23$106$12$226
24$111$7$115
25$115$3$0

At the end of your 5-year term

Total paid over the term
$589
Principal paid down
$234
Interest paid
$355
Balance remaining
$1,606

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.

Let's connect

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.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BAYTREE REAL ESTATE INC.. MLS®/PropTx.

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