260 Davis Dr P1011
Central Newmarket, Newmarket, L3Y 7C3
FOR SALE
$498,500
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BEDROOMS1
BATHROOMS1
KITCHENS6
ROOMSN11927305
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Property Description
Penthouse Living with a View in convenient Central Newmarket! Fabulous Updated Condo Apt with 900 sq ft Open Concept Floorplan offers 2 spacious bedrooms with XL Double Closets, Renovated 4 piece bathroom, 1 designated parking space close to South entrance, 1 storage locker and a private covered balcony! The Open Concept living and dining area with upgraded Hardwood Flooring provides an ideal space to relax and entertain. Walk out to Breathtaking Forested views and Relax on the Open Covered Balcony. The updated white kitchen is generously sized and equipped with Stainless Steel Appliances. Versatile Storage Rm/Office offers Multiple Uses and Dual Linen Closets (or Pantry) provide ample storage! This meticulously maintained unit is ideal for first-time homebuyers and downsizers. Walk to schools, shopping and amenities including: Southlake Hospital, Upper Canada Mall and Historic Main Street with shops, restaurants & lovely Fairy Lake. Well situated along the Viva public transit route & close to the GO Train station. Quick access to Highways 404 and 400! Secondary parking spots may be available for rent. Building offers On-site Property Management, On-site Laundry, Resident's Party/Meeting Room, Exercise Room/Gym & Bike Storage. Move in Ready!
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Extras
Washing Machine is portable - can be installed in kitchen instead of a dishwasher per Management. In-Building Laundry Facilities available. Heat and Hydro approx. $115/mth in winter months through NT Power
Nearby Intersections
Main & Davis (17)
Yonge & Davis (62)
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$1,944 (2024)
Basement
None
Exterior
Brick
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
Other
Parking Spaces
1
Parking 1
Exclusive (69)
Garage Type
Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 8.17' x 12.24' | Ceramic Floor, Open Concept, Stainless Steel Appl |
| Living | Main | 11.52' x 12.17' | Hardwood Floor, W/O To Balcony, Large Window |
| Dining | Main | 10.33' x 12.17' | Hardwood Floor, Pot Lights, Combined W/Living |
| Prim Bdrm | Main | 9.91' x 16.01' | Broadloom, Double Closet, Large Window |
| 2nd Br | Main | 10.43' x 12.66' | Broadloom, Double Closet, Large Window |
| Utility | Main | 4.33' x 8.99' | Ceramic Floor, L-Shaped Room, Finished |
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Newmarket Market Statistics
Newmarket Price Trend
260 Davis Dr P1011 is a 2-bedroom 1-bathroom condo listed for sale at $498,500, which is $156,500 (23.9%) lower than the average sold price of $655,000 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Newmarket increased by $45,000 (7.4%) compared to the previous 30 day period (November 19 - December 18) and down $16,500 (2.5%) from the same time one year ago.Inventory Change
There were 3 2-bedroom condos listed in Newmarket over the last 30 days (December 19 - January 17), which is down 25.0% compared with the previous 30 day period (November 19 - December 18) and up 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Newmarket typically sold ($34,900) (5.3%) below asking price over the last 30 days (December 19 - January 17), which represents a $7,567 decrease compared to the previous 30 day period (November 19 - December 18) and ($17,000) 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 (December 19 - January 17) stood at 66.7%, down from 150.0% over the previous 30 days (November 19 - December 18) and down from 100.0% 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 44 days when successfully sold over the last 30 days (December 19 - January 17), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Realtron Turnkey Realty
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