A803-705 Davis Drive, Newmarket, ON

Huron Heights-Leslie Valley, Newmarket · MLS® N13739818

$1,098,000
For Sale
Listed 46 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq ft

About this home

In short

  • Welcome to this brand-new corner-unit condominium at Kingsley Square, ideally located in the heart of Newmarket.
  • This bright and spacious 2-bedroom, 2-full-bathroom unit features an open-concept layout, 9-foot ceilings, and floor-to-ceiling windows throughout.
  • The unit includes 1 underground parking space and 1 locker.
  • Prime Location Close To Hospital, Downtown, Schools, Parks and trails, GO Station, Upper Canada Mall, Costco,and Highway 404 for easy commuting.

Welcome to this brand-new corner-unit condominium at Kingsley Square, ideally located in the heart of Newmarket. This bright and spacious 2-bedroom, 2-full-bathroom unit features an open-concept layout, 9-foot ceilings, and floor-to-ceiling windows throughout. Enjoy panoramic views from the balcony, great room, kitchen, and bedrooms. In-suite laundry. The unit includes 1 underground parking space and 1 locker. Building Amenities Include: Fully equipped gym, Party room, Boardroom, Rooftop terrace with BBQ, Pet wash station, Visitor parking, Guest suite. Prime Location Close To Hospital, Downtown, Schools, Parks and trails, GO Station, Upper Canada Mall, Costco,and Highway 404 for easy commuting. Don't miss this opportunity to live in a brand-new condominium in one of Newmarket's most convenient locations!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13739818
Bedrooms
2
Bathrooms
2
Size
1000-1199 sq ft
Cross streets
Davis Drive/Patterson Street
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Metal/Steel Siding, Stucco (Plaster)
Maintenance
$744/mo
Exposure
South
Days on market
46
Listing brokerage
SUTTON GROUP INCENTIVE REALTY INC.

Rooms

BathroomMain0.00 × 0.00 m

4 Pc Bath

BathroomMain0.00 × 0.00 m

3 Pc Ensuite

Living RoomMain4.87 × 3.81 m

laminate · sliding doors · combined w/dining

Bedroom 2Main3.02 × 2.74 m

laminate · window floor to ceiling

KitchenMain2.45 × 3.81 m

laminate · backsplash · granite counters

Dining RoomMain4.87 × 3.81 m

laminate · combined w/living

Primary BedroomMain3.66 × 3.10 m

laminate · ensuite bath · double closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Sold price trend

Median sold price for condos in Newmarket: $663K in August 2026, up 5% from a year ago, on 41 closings in 7 months.

Dec 25Aug 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Newmarket as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
December 2025$525K5
March 2026$494K7
April 2026$490K7
May 2026$572K5
June 2026$468K5
July 2026$466K6
August 2026$663K6

Neighbourhood & location

Huron Heights-Leslie Valley, 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.

Nearby neighbourhoods

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

Central Newmarket
$553K

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

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

Affordability & Mortgage

Affordability
$5,004/mo
$231KIncome needed
4.8×Price ÷ income
$1,155Weekly cost
$18,435Land transfer tax, one-time (Ontario)
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.

78%mortgage
Mortgage $5,004Estimated property tax $686Condo fee $744Total carry $6,435

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,857per month

Mortgage amount $878,400 · 4.49% over 25 years

$219,600Down payment (20.0%)
$878,400Loan before insurance
$0CMHC premium
$6,287Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,857
Estimated property tax
$686
Condo / maintenance fees
$744
Heating
$0
Estimated monthly cost
$6,287

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

One-time closing costs

Ontario land transfer tax
$18,435
Estimated closing costs
$18,435

Plus your down payment of $219,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,878/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

$578,647Total interest paid
$1,457,047Total of all payments
Principal $878,400 Interest $578,647
YearPrincipalInterestBalance
1$19,602$38,680$858,798
2$20,492$37,790$838,306
3$21,423$36,859$816,883
4$22,395$35,887$794,488
5$23,412$34,870$771,076
6$24,475$33,807$746,601
7$25,586$32,696$721,014
8$26,748$31,534$694,266
9$27,963$30,319$666,304
10$29,232$29,050$637,071
11$30,559$27,722$606,512
12$31,947$26,335$574,565
13$33,397$24,884$541,168
14$34,914$23,368$506,254
15$36,499$21,783$469,755
16$38,156$20,126$431,598
17$39,889$18,393$391,710
18$41,700$16,582$350,010
19$43,593$14,689$306,417
20$45,572$12,709$260,844
21$47,642$10,640$213,202
22$49,805$8,477$163,398
23$52,066$6,216$111,332
24$54,430$3,852$56,901
25$56,901$1,380$0

At the end of your 5-year term

Total paid over the term
$291,409
Principal paid down
$107,324
Interest paid
$184,085
Balance remaining
$771,076

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.

Investor snapshot

Rental yield
From 13 whole-home leases in Huron Heights-Leslie Valley$3,147/mo
$37,764Gross annual rent
1.5%Cap rate after taxes and upkeep
$2,990 to $3,305Typical rent range
~14 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 13 whole-home leases in Huron Heights-Leslie Valley signed at a median of $2,878 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,147. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.4%
Gross yield
− Property tax $7,686− Condo fees $8,932− Insurance $600− Vacancy & upkeep $4,154Net operating income $16,392

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SUTTON GROUP INCENTIVE REALTY INC.. MLS®/PropTx.

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