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Listed 2 months ago

1112 - 270 Davis Drive

Central Newmarket, Newmarket

$498,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Bright and spacious 2-bedroom, 2-washroom penthouse condo featuring an open-concept layout in the heart of Central Newmarket. This well-designed unit offers abundant natural light, generous living space, and a functional floor plan ideal for comfortable living and entertaining. Located in a highly desirable area close to shopping, dining, transit, and all essential amenities. A fantastic opportunity to enjoy penthouse living in a prime location.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size1000-1199 sq. ft.
Maintenance Fees$876
LockerExclusive
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,586
mls© NumberN13231012
Listed ByCENTURY 21 HERITAGE GROUP LTD.
Water Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,549
Property tax
$215
Heat allowance
$150
Condo fees, half counted
$438
Housing costs
$3,353 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,600
25-yr amortization

Income needed

$103,000

gross annual household income

Payment at 4%
$2,096 / mo
Cash down
$99,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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