419-185 Deerfield Road, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13848306

$674,999
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
700-799Sq ft

About this home

Beautiful 2 Bedroom, 2 Bathroom Suite In The Davis By Rose Corp, A Modern, Amenity-Rich Building In Central Newmarket* Thoughtfully Designed Layout With Large Foyer Closet, Ensuite Laundry, And Spacious Principal Rooms* Bright Open Concept Living/Dining Area With Oversized Windows And Walkout To Private, Enclosed Balcony With Sunny South Exposure* Stylish Kitchen Features Stainless Steel Appliances, Ceramic Backsplash, Centre Island With Eat-In Seating, and Ample Cabinetry* Generous Primary Bedroom Includes Walk-In Closet And 3 Pc Ensuite With Gorgeous Glass Shower And Quality Ceramic Finishes* Second Bedroom Offers Double Closet And Walkout To Second Balcony with More South-Facing Views* Move-In Ready!* Building Offers Extensive Amenities Including Guest Suite, Gym, Yoga Studio, Rooftop Terrace With BBQs, Party Room, Theatre, Kids Play Area, Pet Spa, Games Room, Hobby Room, Lounge And Visitor Parking* Located Minutes To Transit, Shopping, Upper Canada Mall, Parks, Restaurants, Schools, Golf, Movie Theatre & More* Urban Convenience With A Community Feel* An Excellent Opportunity In A Rapidly Growing Location!

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13848306
Bedrooms
2
Bathrooms
2
Size
700-799 sq ft
Cross streets
Yonge/Davis
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$715/mo
Exposure
South
Property tax
$3,410 / 2025
Days on market
18
Listing brokerage
RE/MAX HALLMARK YORK GROUP REALTY LTD.

Rooms

KitchenMain3.92 × 3.11 m

stainless steel appl · eat-in kitchen · ceramic backsplash

Bedroom 2Main3.21 × 2.89 m

double closet · w/o to balcony · vinyl floor

Primary BedroomMain3.83 × 2.55 m

3 pc ensuite · walk-in closet(s) · vinyl floor

Living RoomMain4.48 × 3.09 m

large window · open concept · vinyl floor

Our TakeTeam Asgarian · Broker
A small discount is typical
$658Klikely sale price

Listed at $674,999. Going by how homes in Central Newmarket and the wider GTA have actually closed against their asking prices (about 98%, 10 local closings in 90 days), the likely sale price is near $658K, if it sells. A realistic range is $620K to $712K.

Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.

List price
$620KBelow recent closings$712KAbove recent closings

Total price vs nearby homes. Likely closing about $658K, from 10 recent closings in this pocket.

The market behind the math:

10sold nearby · 90 days
$455Kmedian sold price
96%of asking, on average
−14%prices vs a year ago
~69 dayshomes like this take to sell
18days on market so far
$2,593/moest. rent · 55 leases
4.6%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.7 months of inventory: 9 condo apartment homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $901/sqft against an area asking average of $735/sqft.

How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.

It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $480K. Condition and finishes remain an in-person call.

What the listing highlights3 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Primary suite: a key comfort and resale feature. Lifestyle
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver

Based on 24 homes sold in this building over the past two years, from 110 closings in Central Newmarket.

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

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.

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

Affordability & Mortgage

Affordability
$3,076/mo
$143KIncome needed
4.7×Price ÷ income
$710Weekly cost
$9,975Land 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.

75%mortgage
Mortgage $3,076Property tax $284Condo fee $715Total carry $4,076

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)
$2,986per month

Mortgage amount $539,999 · 4.49% over 25 years

$135,000Down payment (20.0%)
$539,999Loan before insurance
$0CMHC premium
$3,985Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,986
Property tax
$284
Condo / maintenance fees
$715
Heating
$0
Estimated monthly cost
$3,985

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

One-time closing costs

Ontario land transfer tax
$9,975
Estimated closing costs
$9,975

Plus your down payment of $135,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,614/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

$355,725Total interest paid
$895,724Total of all payments
Principal $539,999 Interest $355,725
YearPrincipalInterestBalance
1$12,050$23,778$527,949
2$12,598$23,231$515,351
3$13,170$22,659$502,181
4$13,768$22,061$488,414
5$14,393$21,436$474,021
6$15,046$20,783$458,975
7$15,729$20,100$443,246
8$16,443$19,386$426,802
9$17,190$18,639$409,612
10$17,971$17,858$391,642
11$18,787$17,042$372,855
12$19,639$16,189$353,216
13$20,531$15,298$332,684
14$21,463$14,366$311,221
15$22,438$13,391$288,783
16$23,457$12,372$265,326
17$24,522$11,307$240,805
18$25,635$10,194$215,170
19$26,799$9,030$188,371
20$28,016$7,813$160,355
21$29,288$6,541$131,067
22$30,618$5,211$100,449
23$32,008$3,821$68,441
24$33,461$2,368$34,980
25$34,980$849$0

At the end of your 5-year term

Total paid over the term
$179,145
Principal paid down
$65,978
Interest paid
$113,167
Balance remaining
$474,021

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 55 whole-home leases in Central Newmarket$2,593/mo
$31,116Gross annual rent
2.2%Cap rate after taxes and upkeep
$2,464 to $2,723Typical rent range
~30 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 55 whole-home leases in Central Newmarket signed at a median of $2,289 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,593. 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.

4.6%
Gross yield
− Property tax $3,410− Condo fees $8,579− Insurance $600− Vacancy & upkeep $3,423Net operating income $15,104

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK YORK GROUP REALTY LTD.. MLS®/PropTx.

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