260 Davis Dr 709
Central Newmarket, Newmarket, L3Y 7C3
FOR SALE
$509,000
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Property Description
Fantastic Affordable Newmarket Location! Spacious 2 bedroom, 1 bath. Perfect for first time buyers, investors and downsizers. Quiet building in a great neighbourhood close to the center of Newmarket. Public Transit (Viva), close to the hospital, Main street shops and restaurants, Upper Canada Mall and so much more! Tons of visitor parking. Large pay per use laundry in building. 2 Parking spots included with maintenance.
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Nearby Intersections
Main & Davis (37)
Yonge & Davis (97)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$1,834 (2023)
Basement
None
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Parking Spaces
1
Parking 1
Owned (A)
Parking 2
Rental (A)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 8.66' x 12.50' | Laminate, W/O To Balcony, Combined W/Dining |
| Dining | Flat | 8.66' x 11.78' | Laminate, Combined W/Living |
| Kitchen | Flat | 8.01' x 12.01' | Tile Floor |
| Prim Bdrm | Flat | 9.84' x 15.42' | Laminate, Double Closet, Window |
| 2nd Br | Flat | 9.91' x 11.91' | Laminate, Double Closet, Window |
| Other | Flat | 4.17' x 8.07' | Tile Floor |
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Newmarket Market Statistics
Newmarket Price Trend
260 Davis Dr 709 is a 2-bedroom 1-bathroom condo listed for sale at $509,000, which is $118,166 (18.8%) lower than the average sold price of $627,166 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 2 bedroom condo in Newmarket increased by $70,166 (12.6%) compared to the previous 30 day period (July 20 - August 18) and down $32,834 (5.0%) from the same time one year ago.Inventory Change
There were 6 2-bedroom condos listed in Newmarket over the last 30 days (August 19 - September 17), which is down 25.0% compared with the previous 30 day period (July 20 - August 18) and down 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Newmarket typically sold ($36,781) (5.9%) below asking price over the last 30 days (August 19 - September 17), which represents a $241 decrease compared to the previous 30 day period (July 20 - August 18) and ($19,000) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Newmarket over the last 30 days (August 19 - September 17) stood at 100.0%, up from 62.5% over the previous 30 days (July 20 - August 18) and up from 8.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Newmarket stood at 62 days when successfully sold over the last 30 days (August 19 - September 17), compared to 74 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Rcr Realty
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