For SaleCondo Apt · ApartmentMLS® #N14145038 · TRREB MLS®
503-185 Deerfield Rd, Newmarket, Ontario
Central Newmarket, Newmarket, Ontario L3Y 0G7
- Bedrooms
- 2+1
- Bathrooms
- 2
- Type
- Condo Apt
- Basement
- None
$590,000
Estimated market value
About 503-185 Deerfield Rd
503-185 Deerfield Rd is a 2+1-bedroom, 2-bathroom condo in Central Newmarket, Newmarket, listed for sale at an asking price of $590,000 (MLS® N14145038).
Discover refined urban living in this exceptional two bedrooms plus a den, two bathrooms bright corner suite at The Davis Condominium building is LEED Silver certification (Leadership in Energy and Environmental Design) approximately 850 square feet of meticulously designed interior space plus an expansive 530 square foot private terrace with coveted south-east exposure. Flooded with natural light through floor-to-ceiling windows, the open-concept layout balances modern luxury with everyday functionality. Entertain effortlessly on your generous terrace-ideal for al fresco dining or unwinding against sweeping open views-while two premium side-by-side parking spaces add unmatched convenience. Perfectly situated for commuters and lifestyle seekers, you're minutes from Highway 404, major public transit routes, and the Newmarket GO Station. Enjoy immediate access to retail, dining, and entertainment at Upper Canada Mall, top-rated healthcare at Southlake Regional Health Centre, and the charm of historic Main Street Newmarket. For nature enthusiasts, scenic trails at Mabel Davis Conservation Area are just steps away, providing an ideal balance of urban amenities and outdoor respite. Residents of The Davis enjoy a comprehensive suite of premium amenities: state-of-the-art fitness centre, elegant party and games rooms, versatile meeting spaces, private theatre, visitor parking, professional concierge service, and a beautifully appointed rooftop terrace perfectly equipped with communal barbecues, patio furniture and indoor space for social gatherings and celebrations. This rare corner unit represents a singular opportunity to secure space, luxury, and location in one of Newmarket's most vibrant communities!
Insights
Condition Score
Fair4 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall−$1,222/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 5 homes with 3 bedrooms for lease in Central Newmarket right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
Key facts
- Tax
- $3,985 / 2025
- MLS® number
- N14145038
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- 2 Underground, 2 Parking
Listing history
Buy/sell history for 503-185 Deerfield Rd, Newmarket, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
Dates and closing prices are shown to signed-in members.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date Start— | — | $590,000 | — | For Sale | N14145038 |
Members see the full history. Prices are hidden from signed-out visitors.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Central Newmarket
- Municipality
- Newmarket
Building
- Size
- 800-899 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 2+1
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 2
- Additional Parking
- 0
- Total Parking
- 2
Utilities
- Cooling
- Central Air
- Heating Type
- Heat Pump
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Stainless Fridge, stove, dishwasher, microwave, window coverings, electric light Fixtures, Stackable washer & Dryer.
- Condo maint.
- $848
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 3.87 × 4.11 m | Vinyl Floor, Open Concept, W/O To Terrace | Main |
| Kitchen | 3.87 × 2.36 m | Vinyl Floor, Stainless Steel Appl, Quartz Counter | Main |
| Primary | 3.72 × 3.73 m | Vinyl Floor, Double Closet, Ensuite Bath | Main |
| 2nd Br | 2.61 × 3.03 m | Vinyl Floor, Window, Closet | Main |
| Foyer | 1.35 × 2.77 m | Combined W/Den, Vinyl Floor, Closet | Main |
| Den | 2.76 × 1.93 m | 4 Pc Bath, Vinyl Floor | Main |
| Bathroom | 1.49 × 2.6 m | Ceramic Floor, 4 Pc Bath | Main |
| Bathroom | 2.87 × 1.5 m | 3 Pc Ensuite, Stone Floor | Main |
Map and tour
Condos for sale in Central Newmarket right now
- For sale now
- 21
- Median asking price
- $559K
Middle half: $500K to $675K
This home is asking 6% above the median.
See all homes in Central NewmarketAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Land transfer tax on this home
- Ontario land transfer tax
- $8,275
- Total land transfer tax
- $8,275
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $4,275
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $590,000
- $3,800
- Ontario total
- $8,275
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| J L R Bell Public SchoolYork Region DSB | Public · grades JK–5 | 350 m | 54%Grade 3 average |
| Maple Leaf Public SchoolYork Region DSB | Public · grades JK–8 · French Immersion | 650 m | 80%Grade 6 average |
| Canadian Martyrs Catholic Elementary SchoolYork CDSB | Catholic · grades JK–8 | 950 m | 81%Grade 6 average |
| ÉÉC Jean-BéliveauConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 5.2 km | 76%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Dr John M Denison Secondary SchoolYork Region DSB | Public · grades 9–12 | 1.5 km | 47%Grade 9 math |
| Huron Heights Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.3 km | 46%Grade 9 math |
| Sacred Heart Catholic High SchoolYork CDSB | Catholic · grades 9–12 | 2.5 km | 62%Grade 9 math |
| Sir William Mulock Secondary SchoolYork Region DSB | Public · grades 9–12 | 2.7 km | 59%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Davis Dr / Longford Dr | YRT bus rapid transit: Viva Yellow | 100 m |
| Yonge / Davis | YRT bus rapid transit: Viva Blue | 700 m |
| Davis Dr / Main St | YRT bus rapid transit: Viva Yellow | 950 m |
| Newmarket GO | GO Transit train: Barrie | 1.1 km |
| Newmarket Terminal | YRT bus rapid transit: Viva Blue, Viva Yellow | 1.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $118,000
- Total mortgage amount
- $472,000
- Total interest payment
- $335,600
- Total purchase cost
- $925,600
- Mortgage payment
- $2,692/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
56%Monthly carrying cost
$3,872- Rent $2,650
- Shortfall $1,222
Rental income opens at $2,650, the median asking rent of 5 comparable homes for lease in Central Newmarket. Type over it with the rent you expect. This is a planning tool, not advice.
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