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New2 days ago

309 - 270 Davis Drive

Central Newmarket, Newmarket

$495,000

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

Sun-filled, south-facing corner suite with ravine views. At 1,049 sq ft, this is one of the largest and best-laid-out suites at 270 Davis Drive, set at the end of the hall for added peace and quiet. 2 bedrooms, 2 bathrooms, lovingly maintained by one owner and move-in ready. A true foyer with a double mirrored closet. To the right, the open-concept living room, formal dining room and home office are framed by panoramic windows, with natural light from sunrise to sunset. The separate kitchen sits past the dining room: a bright white U-shaped peninsula, generous counter space, like-new appliances (the dishwasher has never been used, original tags still on) and a large window overlooking the ravine/greenspace. Down the hall you will find 2 spacious bedrooms. The primary bedroom fits a full king bedroom set, so your existing furniture comes with you. A walk-through closet, lined with deep double-door closets on both sides, leading into a 4-piece ensuite bath. The second bedroom fits a full queen set and has a double door closet, with a bright 3-piece semi-ensuite bath across the hall. A full en-suite laundry room sits behind double doors with extra storage. Includes 1 underground parking space and 1 locker. Well-run building with a newly upgraded security system, professionally landscaped grounds with summer floral gardens, a party room, gym, indoor lap pool (coming soon) and ample visitors parking. Located steps to Newmarket Main Street, minutes to Upper Canada Mall, Southlake Regional Health Centre, restaurants, parks and walking trails, with easy access to transit, Newmarket GO and Hwy 404. The space, light and privacy of a home, without the upkeep.

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agent
Macallum Tepsich
(647) 326-2579
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1000-1199 sq. ft.
Maintenance Fees$875
LockerOwned
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$2,470
mls© NumberN13857454
Listed ByCENTURY 21 ATRIA REALTY INC.
Common Elements Included
Building Insurance Included
Parking Included
Water Included
Heat Included

Listing History

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

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What the bank counts

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

Mortgage, tested at 6%
$2,534
Property tax
$206
Heat allowance
$150
Condo fees, half counted
$437
Housing costs
$3,327 / mo

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

Down payment20% · $99,000
25-yr amortization

Income needed

$102,000

gross annual household income

Payment at 4%
$2,083 / mo
Cash down
$99,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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