1205-185 Deerfield Road, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13796060

$549,900
For Sale
Listed 32 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Welcome to The Davis by Rose Corp, a modern living gem nestled in the heart of Newmarket.
  • Located in one of Newmarket's most desirable and rapidly growing communities, it provides a spacious open-concept layout that creates a bright and inviting living space.

Welcome to The Davis by Rose Corp, a modern living gem nestled in the heart of Newmarket! This beautifully designed two-bedroom, two-bathroom condo offers a perfect blend of sophisticated elegance and everyday functionality. Located in one of Newmarket's most desirable and rapidly growing communities, it provides a spacious open-concept layout that creates a bright and inviting living space. Seamlessly flowing on to a private balcony, it's the ideal spot for relaxation or entertaining. Thoughtfully designed for comfort and practicality, this suite caters to professionals, couples, or small families.Building amenities include a rooftop terrace, fully equipped fitness centre, party/meeting room, kids' playroom, guest suites, pet spa, visitor parking, and more. Conveniently located, it boasts easy access to public transit, major highways, shopping, dining, and parks, delivering the perfect balance of luxury, convenience, and lifestyle. This is a fantastic opportunity to live in a vibrant, well-connected neighbourhood.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13796060
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Davis/Yonge
Parking
1 garage (underground)
Basement
None
Heating
Heat Pump
A/C
Central Air
Exterior
Concrete
Maintenance
$721/mo
Exposure
West
Property tax
$2,345 / 2025
Days on market
32
Listing brokerage
BAYTREE REAL ESTATE INC.
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

Neighbourhood & location

Central Newmarket, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,506/mo
$119KIncome needed
4.6×Price ÷ income
$578Weekly cost
$7,473Land 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.

73%mortgage
Mortgage $2,506Property tax $195Condo fee $721Total carry $3,423

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,432per month

Mortgage amount $439,920 · 4.49% over 25 years

$109,980Down payment (20.0%)
$439,920Loan before insurance
$0CMHC premium
$3,349Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,432
Property tax
$195
Condo / maintenance fees
$721
Heating
$0
Estimated monthly cost
$3,349

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

One-time closing costs

Ontario land transfer tax
$7,473
Estimated closing costs
$7,473

Plus your down payment of $109,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,944/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

$289,798Total interest paid
$729,718Total of all payments
Principal $439,920 Interest $289,798
YearPrincipalInterestBalance
1$9,817$19,372$430,103
2$10,263$18,926$419,840
3$10,729$18,460$409,111
4$11,216$17,973$397,895
5$11,725$17,463$386,170
6$12,258$16,931$373,912
7$12,814$16,375$361,098
8$13,396$15,793$347,702
9$14,004$15,185$333,698
10$14,640$14,549$319,058
11$15,305$13,884$303,753
12$16,000$13,189$287,753
13$16,726$12,463$271,027
14$17,486$11,703$253,542
15$18,279$10,909$235,262
16$19,109$10,079$216,153
17$19,977$9,212$196,176
18$20,884$8,305$175,292
19$21,832$7,356$153,459
20$22,824$6,365$130,636
21$23,860$5,329$106,776
22$24,943$4,246$81,833
23$26,076$3,113$55,757
24$27,260$1,929$28,497
25$28,497$691$0

At the end of your 5-year term

Total paid over the term
$145,944
Principal paid down
$53,750
Interest paid
$92,193
Balance remaining
$386,170

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
Estimate$2,400/mo
$28,800Gross annual rent
2.6%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

5.2%
Gross yield
− Property tax $2,345− Condo fees $8,658− Insurance $600− Vacancy & upkeep $3,168Net operating income $14,029

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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