Dennis Paul Paradis

Dennis Paul Paradis

REALTOR®

RE/MAX Hallmark York Group Realty Ltd.

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260 Davis Drive (Grandview) - Newmarket Condo

260 Davis Drive - All Active Listing and Solds  

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VIDEO OF 250 DAVIS DR with Sold Listing Example of Two Bed (Sumac Model)

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Links to More Newmarket Condos:

1. 250 Davis Dr (Atwood)

2. 260 Davis Dr (Grandview)

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 - 260 Davis Dr 

Updated: January 20, 2024

Address: 260 Davis Dr  Newmarket ON  L3Y 7C3

Building Name: Grandview

Neighbourhood: Central Newmarket

Condo Corp: YRCC869

Build date: 1986 (as rentals only)

Date Registered: Dec 18, 1995 (converted to condo)

Units: 139

Storeys: 10

Property Mgt: A. A. Properties at  905-898-4579

Fees Include Bldg Insurance, Common Elements, and Water/Sewage.  

Fees Excluded: Hydro, Unit Insurance, Personal Services (phone, cable tv. Internet)

Bulk Plan: None (example:  250 Davis has a Bulk Plan (discounted prices) for Cable TV & Internet.

Pets: Dogs (up to 2) under 35 lbs (16kg) and cats. Overall rule: Cannot disturb neighbours.

Health Amenities: Excercise

Social Amenities: Party, Game, Library

Security Amenities: Phone Entry, Sec Guard, On-site Super, Sec Cameras

Other Amenities: Visitor Parking, Landscaped, Coin-Op Laundry on Lower Level.

Smoking and Vaping:  Allowed on balconies,

Concierge: None

MLS Rentals: 1 or 2 per year: 2B - $1,600/mth; 3-Bed - $1,900 per mth

Heating: Electric Baseboards

Cooling: Some wall units or floor model A/C (NO CAC/No Ducts), and some have ductless AC. 

Balcony: Yes. brick walls, not tinted safety glass.

Ensuite Laundry: Very few units and cannot be added. The condo has a debit card-operated laundry in the lower level.

Medium Fees /SF 2022: $0.59/SF;

Med Fees Trend:  Increase from the previous year of  $0.54/SF

Includes underground or surface parking and locker. A few have 2 parking spots.

Typical 2-Bed - 1-Wash  880 - 908 SF   There are no 2-Wash units. 

Kitchen - 111 SF
Primary Bed - 160 SF

COST OF LIVING (Shelter), excluding mortgage payments & personal services (internet, cable, phone)

2-Bed. 1-Wash (about 900 SF)

Monthly Costs

Fees:   $524 or $0.58/SF (900 SF unit)
Hydro:  $100+
Taxes:  $146
Insure:  $30
TV & Internet: $100 (Ignite basic) 
TOTAL: $900/900 SF + $1.00/SF/Mth + Mortgage 

+Hydro is likely higher than this estimate as units have electric baseboard heaters and some have A/C floor units. Plus, the extra Cost of Living here is a coin-operated laundry on the lower level as most units have no washer/dryers and you are NOT allowed to retrofit them in.

Caution: Buyers must always verify the relevant info above using expert advice from their lawyers and realtors.

i.e.; Declaration, By-laws, Rules, Budget, and Condo and Unit Status Certificate.

 

Pros & Cons

Pros

  • Centrally located - See Map/WalkScore.
  • Walking distance to Upper Canada Mall & Hospital.
  • Direct access (on foot) to Davis Drive & bus stop.
  • Med-Large suites - most 2 beds 898 SF
  • All suites have balconies (medium size).
  • A mix of underground parking and surface parking.
  • Pets allowed with some restrictions (2 dogs max; under 35 lbs)
  • Condo fees (2020) - $0.56 per SF (middle range of Newmarket condos)
  • New hallway decor and windows replaced (2018)

 

 Cons

  • Older buildings (37+ yrs) - Built 1986
  • Small Board of Directors (3) Usually 4-5.
  • Converted to a Condo from a former rental apartment complex in 1995
  • Older suites - some outdated, many upgraded.
  • Electric baseboard heating.
  • No central air conditioning - less than 20% have outside wall air conditioner - older wall units, most do not work and are too expensive to remove or replace.
  • Condo fees DO NOT include Hydro (Heat and Cooling is electric)
  • No ensuite laundry - shared laundry in the lower level - user pays. The condo does NOT allow retrofit of ensuite laundries.
  • Very few suites have more than ONE Washroom.
  • A few 1-Beds have Dens - No Solariums. has Balconies.

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