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Listed 17 days ago

PH06 - 185 Deerfield Road

Central Newmarket, Newmarket

$585,000

Condo Apartment |
1 + 1 | 2 | 1 | 0
About this home

Penthouse suite | Best unobstructed view in the building | Impressive 10' ceilings exclusive to penthouse level | Floor to ceiling windows with western exposure and tons of natural light | Oversized balcony with city view to the horizon | New build finished in 2024 | Thousands spent in upgrades | Upgraded kitchen with quartz counter top and built-in stainless steel appliances | Under mount sink and glass top stove | Upgraded Island with built-in breakfast bar | Great one plus one bedroom floor plan with two washrooms | Separate den great for office, kids or guest room | Main bedroom with floor to ceiling windows | Stunning views | Custom fitted window coverings | Full ensuite 3pc bath with glass shower doors, vanity with quartz countertop, and linen closet/shelf | Main 4pc bath with full tub | Laminate flooring and tiled bathrooms through out | Walking distance to everything including shops, dining, groceries, transit, Upper Canada Mall | Amenities include fully equipped gym, games room, office, outdoor terrace, multiple common area lounges and playground for the kids | Maintenance fees include Rogers internet

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size600-699 sq. ft.
Maintenance Fees$586
LockerNone
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,103
mls© NumberN13581556
Listed ByMAIN STREET REALTY LTD.
CAC Included
Common Elements Included
Building Insurance Included
Parking Included
Heat 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%
$2,994
Property tax
$259
Heat allowance
$150
Condo fees, half counted
$293
Housing costs
$3,696 / mo

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

Down payment20% · $117,000
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,462 / mo
Cash down
$117,000

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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