Dennis  Paradis

Dennis Paradis

REALTOR®

RE/MAX Hallmark York Group Realty Ltd.

Mobile:
416-399-5832
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250 Davis Drive (Atwood) - Newmarket Condo

250 Davis Dr (Atwood)  - Newmarket Condos

250 Davis Dr #1006, Newmarket, ON L3Y 7T7 | Zillow

250 Davis Drive - All Active Listing and Solds  

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Exclusive: Floorplans of all 250 Davis Dr Units (5) Available to my Buyer or Seller Clients - please contact me at (416) 399-5832

Links to More Newmarket Condos:

1. 250 Davis Dr (Atwood)

2. 260 Davis Dr (Grandview)

3 270 Davis Dr (Kingscrest)

4. 10 Ashton Rd (Ashton Place)

5. 155 Main St North (Heritage North)

6. 900 Bogart Mill Tr 

7. 20 William Roe

8. 40 William Roe

9. 543 Timothy Loft
 

Condo Summary - 250 Davis Dr

Updated:  January 20, 2024

Address: 250 Davis Dr, Newmarket ON  L3Y 7T7

Building Name: The Atwood

Neighbourhood: Central Newmarket

Condo Corp: YRCC609

Build date: 1986 

Developer: Dev-Otti Developments

Date Registered as Condo: Dec 18, 1995

Units: 110

Storeys: 11

Property Mgt: Wilson Blanchard, Steven Allard at (416) 642-2807 X425

Unit Fees Include: Water, Bldg Insurance, Common Elements, Basic Cable TV, Internet - 500 Gbps or $10 upgrade to 1000 Gbps.  

Parking and Locker Fees: About $45/month (undergraduate parking) and $15/month (Locker) added to the Unit Fees.

Pets:  No Dogs.  Cats, Birds, and Fish are okay. (Service Dogs are permitted with validation of requirement)

Health Amenities: Exercise, No Smoking or Vaping

Social Amenities: Party, Game, Library

Security Amenities: Phone Entry for landline and/or cell phones,(up to two) Sec Guard, Super (not onsite), Sec Cameras

Other Amenities: Visitor Parking, Landscaped

Concierge: None

MLS Rentals: 1 or 2 per year: 2-Bed - $2,800-$3,000/mth

Heating: Fan/Coil - Two pipe*: Central Heat (Hot or Cold Water provided by Condo; Fan Hydro NOT included in Fees)

Cooling: Fan/Coil - Two pipe*: Central Air (forced air via ducts)  *two pipe requires a seasonal switchover

Balcony: No. All units have good-size Solariums (about 9'x7'). Two Penthouses on the 11th Floor with south-facing patios.

Ensuite Laundry/Pantry: Yes - combined.

Medium Fees /SF/Mth:  2023: $0.65/SF/mth  vs 2021:: $0.62/SF/mth

Med Fees Trend:  Avg increase of 4%- 5% per year for last 5 years, Increase for 2023-2024 is a 5% in additional building services and supplies costs.

Includes:  Fees above include underground or south garage enclosed parking (indoor) and locker, Two parking spots are very rare.

 Sumac Model: 2-Bed - 2-Wash  + Solarium, - 1,161 SF with parking and locker

  • Over 70% of the 105 units are Sumacs - 80/105
  • Kitchen -  144 SF   
  • Primary Bed -  208 SF

 

Cost of Ownership of Sumac Model (2B-2W)

2-Bed, 2 Wash + Solarium,  1,161 SF with Parking and Locker + TV/Internet  

Condo Fees Per Mth: $755

Condo Fees Per Mth per SF: $0.65

Hydro: $90

Taxes: $210

Insure: $30

Bulk TV/Inernet: $58

Total Cost Per Mth: $1.143

Total Cost Per Mth/SF: $0.98

Note: Mortgage & Phone not included

Caution: Buyers must always consult their lawyers and realtors to verify these data.

 

Pros and Cons - The Pros

  • Offers the largest Kitchen & Primary Bed in Newmarket among 2-bed models.
  • Centrally located in Central Newmarket - See Map/WalkScore/Transit Score below.
  • Walking distance to Upper Canada Mall & Southlake Hospital.
  • Direct access on foot to Davis & bus stop, wheelchair access is Calgain/Lorne to Davis.
  • Beautiful landscaping and many trees including a Grove/Park along Calgain Drive entry off Lorne Ave 
  • Large 2-Bed + 2-Wash suites:
    • Sumac (70/110 units) - 1,160 SF; Units: 1,2,5,6,7,8,10 (10 levels each)
    • Willow (10/110 units) - 1,100 SF; Unit: 9 (8 levels  - replaced on 1st & 2nd Flrs with Sumac Model)
  • Other Models:
    • Aspen - 1 Bed - 895 SF, Unit 03 (10 levels)
    • Birches - 3 Bed - 1,426 SF, Unit: 04 (10 levels)
    • Ashgrove - 3 Bed - 1,900 SF - Penthouse with terrace - only 2 units on 11th level.
  • Large windows - twice as large as most condos.
  • Underground or "garage" parking - no surface parking - except for Visitors.
  • Lots of visitor parking.
  • Disability access features (ramps, auto doors, etc.) but some "grandfathered" areas - not to code but exempted.
  • There are no dogs, which is a con for some. Other pets are allowed with limits, such as cats, fish, and birds.
  • Cable TV is included in condo fees. Value about $75/mth
  • Condo fees include cable TV (only Hydro extra) - Heat is Forced Air/Gas - uses Hydro for the fan in the Fan-Coil System.
  • Well managed - No special assessment since 2008
  • On-site Superintendent and 5-member Condo Board
  • Evening Security Guard. Video monitored.
  • Lobby Watch Channel - 998
  • Entry Intercom mobile and landline options.
  • Few renters (<15%) eg; 17 out of 110
  • Very low turnover (3-5 sales per year)
  • Condo fees (2023) - $0.65 per SF - middle range of Newmarket condos.
  • TV Cable and Internet included in fees; Hydro extra
  • No Smoking or Marijuana in Units or Common Areas (medical exceptions)
  • No dogs - disability service dogs exception
  • Canada Post - Incoming parcels & regular; outgoing regular mail no parcels.
  • New decor for hallway and lobby completed Dec 2018

 
Pros and Cons - The Cons

  • An older building built in 1986  
  • Older suites - some outdated; many upgraded.
  • No balconies, but it has Solariums.
  • No pool, sauna, workshop, child playground,
  • No concierge.
  • No dogs. Many owners see this as a Pro
  • Cats, goldfish and small caged birds are permitted.

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