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Listed 6 months ago

612 - 185 Deerfield Drive

Central Newmarket, Newmarket

$489,000

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

New building at heart of Newmark(Yonge/Davis) an oversized balcony with own parking and locker. open-concept designs boast soaring 9 ceilings, designer-selected luxury vinyl plank flooring. two washrooms | Separate den great for office, kids or guest room | Main bedroom with floor to ceiling windows | Stunning views | Custom fitted window coverings | Full ensuite 3pc bath with glass shower. Walking distance to everything including shops, dining, groceries, transit, Upper Canada Mall, gym, games room, office, outdoor terrace, playground for the kids | Maintenance fees include Rogers internet

Extras

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$633
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$3,032
mls© NumberN12864366
Listed ByBAY STREET GROUP INC.
Parking Included
Common Elements Included
CAC Included

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,503
Property tax
$253
Heat allowance
$150
Condo fees, half counted
$316
Housing costs
$3,222 / mo

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

Down payment20% · $97,800
25-yr amortization

Income needed

$99,000

gross annual household income

Payment at 4%
$2,058 / mo
Cash down
$97,800

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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