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New5 days ago

1008 - 260 Davis Drive

Central Newmarket, Newmarket

$375,000

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

LIVE ABOVE IT ALL! Enjoy the elevated lifestyle of penthouse living in this freshly painted, professionally cleaned suite. Positioned atop the building, this bright 1+1 bedroom, 1-bath condo enjoys sweeping western sunset views and an abundance of natural light throughout. Featuring engineered hardwood flooring throughout the living and dining area, the open-concept layout seamlessly extends to a private balcony - the perfect place to relax and unwind. The spacious kitchen is anchored by a breakfast bar that creates an effortless flow into the open-concept living and dining space. A versatile bonus space offers the ideal setup for a home office, walk-in pantry, or additional storage. Ideally situated in the heart of central Newmarket, this condo is conveniently located near Southlake Hospital, Upper Canada Mall, GO Transit, parks, schools, and everyday amenities, while only minutes from the charm and energy of Historic Main Street Newmarket - home to boutique shopping, inviting cafés, and restaurants. Easy access to Highways 404 and 400 makes commuting a breeze. This fabulous unit also includes one outdoor parking space and one locker. Picture your life here - don't miss out. Some photos virtually staged to show possibilities.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$551
LockerExclusive
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$1,847
mls© NumberN13778986
Listed ByMAIN STREET REALTY LTD.
Water Included
Building Insurance Included
Common Elements Included
Parking 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%
$1,919
Property tax
$154
Heat allowance
$150
Condo fees, half counted
$276
Housing costs
$2,499 / mo

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

Down payment20% · $75,000
25-yr amortization

Income needed

$77,000

gross annual household income

Payment at 4%
$1,578 / mo
Cash down
$75,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

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