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Listed 13 days ago

407 - 185 Deerfield Road

Central Newmarket, Newmarket

$449,000

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

A MUST SEE ! A rare opportunity to own a 705sq ft unit in the heart of Central Newmarket! This spacious one-bedroom plus den condo features oversized rooms, two full bathrooms, and a flexible layout with space to work, relax, and entertain. Enjoy picturesque views and beautiful sunsets, along with stainless steel appliances and high-end finishes. Quartz Kitchen Countertop, Soft Close Drawers, Chrome Finish Hardware And Fixtures. Many upgrades from the builder, including flat ceiling and lots of light. An easily accessible parking spot right next to the elevator adds everyday convenience. Located next to Upper Canada Mall, GO Train Station, YRT Bus Terminal. The building offers a party room, games room, rooftop, and gym. Shopping, dining, and daily essentials are close at hand. A standout home in an unbeatable location-must see! Flexible closing date. Offer night: Thursday, October 1 @ 7pm

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agent
Macallum Tepsich
(647) 326-2579

This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$698
LockerOwned
BalconyOpen
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,201
mls© NumberN13811508
Listed ByVILENSKY REALTY
Heat Included
Common Elements Included
Building Insurance Included
Parking Included
Condo Taxes Included

Listing History

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

Schools

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What the bank counts

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

Mortgage, tested at 6%
$2,298
Property tax
$267
Heat allowance
$150
Condo fees, half counted
$349
Housing costs
$3,064 / mo

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

Down payment20% · $89,800
25-yr amortization

Income needed

$94,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

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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