605-185 Deerfield Road, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13574696

$2,700/mo
For Lease
Just listed today
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2Bedrooms
2Bathrooms
1Garage
700-799Sq Ft

About this home

Welcome to The Davis by The Rose Corporation - Newmarket's landmark condominium residence. This bright 2-bedroom, 2-bathroom suite offers a private balcony with sunny west exposure and comes with parking included. Enjoy resort-style amenities: concierge, fitness centre with yoga studio, rooftop terrace with BBQs, party room with catering kitchen, private theatre, games lounge, guest suites, kids' play zone, pet spa, and visitor parking. Steps to the VIVA rapidway, Newmarket GO, Southlake hospital, Riverwalk Commons, Upper Canada Mall, shops, restaurants, schools, and parks. Sophisticated, connected Newmarket living.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13574696
Bedrooms
2
Bathrooms
2
Size
700-799
Cross streets
Davis/Yonge
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
West
Listing brokerage
BAYTREE REAL ESTATE INC.

Rooms

KitchenMain3.51 × 3.28 m

vinyl floor · stainless steel appl · quartz counter

Dining RoomMain4.04 × 3.28 m

vinyl floor · open concept · combined w/living

Living RoomMain4.04 × 3.28 m

vinyl floor · open concept · w/o to balcony

Bedroom 2Main3.38 × 3.02 m

vinyl floor · closet · window

Primary BedroomMain3.10 × 2.82 m

3 pc ensuite · walk-in closet(s) · window

Moe’s TakeTeam Asgarian · Broker
In line
$2,654/moest. value

Listed at $2,700/mo, this rental is right in line with comparable rentals. The number above is my independent estimate of value, not the asking price.

Based on 5 similar rentals nearby, adjusted for size, beds, and baths.Median of 5 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 $2,750/mo
  • Adjusts to $2,750/mo

That comparable adjusts to $2,750/mo; the $2,654/mo estimate above is the median of all 5 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
$2,596/moBelow market$2,750/moAbove market

Total price vs nearby homes. Fair value about $2,654/mo, median of 5 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.

  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Value driver
Comparable listingsCurrently listed nearby in Central Newmarket · asking prices
$2,610avg asking

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

204-49 Charles Street$2,750407-49 Charles Street$2,450903-185 Deerfield Road$2,9501007-185 Deerfield Road$2,300710-195 Deerfield Road$2,600

The 5 closest active listings nearby.

See all comparable homes
2,700This home2,7502,4502,9502,3002,600This home vs active comparables
Live market pulseActive comparables in Central Newmarket · median list $3K
10active 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
$12/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly 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 $12Property tax $2Total carry $14

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)
$12per month

Mortgage amount $2,160 · 4.14% over 25 years

$540Down payment (20.0%)
$2,160Loan before insurance
$0CMHC premium
$13Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$12
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$13

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

One-time closing costs

Ontario land transfer tax
$14
Estimated closing costs
$14

Plus your down payment of $540. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$14/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

$1,298Total interest paid
$3,458Total of all payments
Principal $2,160 Interest $1,298
YearPrincipalInterestBalance
1$51$88$2,109
2$53$86$2,057
3$55$83$2,002
4$57$81$1,945
5$60$79$1,885
6$62$76$1,823
7$65$74$1,758
8$67$71$1,691
9$70$68$1,620
10$73$65$1,547
11$76$62$1,471
12$79$59$1,392
13$83$56$1,309
14$86$52$1,223
15$90$49$1,133
16$94$45$1,039
17$97$41$942
18$102$37$840
19$106$33$735
20$110$28$624
21$115$23$509
22$120$19$390
23$125$14$265
24$130$8$135
25$135$3$0

At the end of your 5-year term

Total paid over the term
$692
Principal paid down
$275
Interest paid
$417
Balance remaining
$1,885

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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