1103-185 Deerfield Road, Newmarket, ON

Central Newmarket, Newmarket · MLS® N13882456

$599,000
For Sale
Listed 9 days agoNo offer date stated

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2+1Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • Bright, spacious, and stylish, this exceptional 2+1 bedroom corner suite with wrap-around balcony offers an inviting blend of modern elegance, comfort, and functionality.
  • Featuring an open-concept layout with contemporary finishes throughout, the suite boasts a welcoming living and dining area, complemented by a beautifully appointed...
  • The spacious primary bedroom features a 3-piece ensuite, while the versatile den provides the ideal space for a home office or additional living area.

Bright, spacious, and stylish, this exceptional 2+1 bedroom corner suite with wrap-around balcony offers an inviting blend of modern elegance, comfort, and functionality. Featuring an open-concept layout with contemporary finishes throughout, the suite boasts a welcoming living and dining area, complemented by a beautifully appointed kitchen with a centre island - perfect for everyday living and entertaining. The spacious primary bedroom features a 3-piece ensuite, while the versatile den provides the ideal space for a home office or additional living area. Enjoy breathtaking south-facing views and an abundance of natural light throughout the day, creating a warm and airy atmosphere. Complete with underground parking and a private storage locker, this desirable suite is ideally situated just minutes from premier shopping, major highways, public transit, parks, schools, and everyday amenities. An outstanding opportunity to enjoy stylish condo living in a prime location. Must be seen to be truly appreciated!! *Some Photos AI edited.

Key facts

Property type
Condo Apartment, Apartment
MLS®
N13882456
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
800-899 sq ft
Cross streets
Davis Dr / Parkside Dr
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$810/mo
Exposure
South
Property tax
$3,727 / 2025
Days on market
9
Listing brokerage
RE/MAX WEST REALTY INC.

Rooms

KitchenFlat4.17 × 2.57 m

laminate · centre island · stainless steel appl

Bedroom 2Flat3.05 × 2.64 m

laminate · double closet · window floor to ceiling

DenFlat2.08 × 1.96 m

laminate · separate room

Primary BedroomFlat3.79 × 3.00 m

laminate · double closet · 3 pc ensuite

Living RoomFlat4.34 × 3.86 m

laminate · open concept · w/o to balcony

Dining RoomFlat4.34 × 3.86 m

laminate · combined w/living · window floor to ceiling

Our TakeTeam Asgarian · Broker
No automatic estimate

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Neighbourhood & location

Central Newmarket, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$2,730/mo
$133KIncome needed
4.5×Price ÷ income
$630Weekly cost
$8,455Land 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.

71%mortgage
Mortgage $2,730Property tax $311Condo fee $810Total carry $3,851

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)
$2,650per month

Mortgage amount $479,200 · 4.49% over 25 years

$119,800Down payment (20.0%)
$479,200Loan before insurance
$0CMHC premium
$3,770Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,650
Property tax
$311
Condo / maintenance fees
$810
Heating
$0
Estimated monthly cost
$3,770

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

One-time closing costs

Ontario land transfer tax
$8,455
Estimated closing costs
$8,455

Plus your down payment of $119,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,207/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

$315,674Total interest paid
$794,874Total of all payments
Principal $479,200 Interest $315,674
YearPrincipalInterestBalance
1$10,694$21,101$468,506
2$11,179$20,616$457,327
3$11,687$20,108$445,640
4$12,217$19,577$433,423
5$12,772$19,023$420,651
6$13,352$18,443$407,299
7$13,958$17,837$393,340
8$14,592$17,203$378,748
9$15,255$16,540$363,494
10$15,947$15,848$347,546
11$16,671$15,124$330,875
12$17,428$14,367$313,447
13$18,220$13,575$295,227
14$19,047$12,748$276,180
15$19,912$11,883$256,269
16$20,816$10,979$235,453
17$21,761$10,034$213,692
18$22,749$9,046$190,943
19$23,782$8,013$167,162
20$24,861$6,933$142,300
21$25,990$5,805$116,310
22$27,170$4,625$89,140
23$28,404$3,391$60,736
24$29,694$2,101$31,042
25$31,042$753$0

At the end of your 5-year term

Total paid over the term
$158,975
Principal paid down
$58,549
Interest paid
$100,425
Balance remaining
$420,651

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$2,700/mo
$32,400Gross annual rent
2.5%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.

5.4%
Gross yield
− Property tax $3,727− Condo fees $9,725− Insurance $600− Vacancy & upkeep $3,564Net operating income $14,784

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

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