Dennis Paradis

Realtor for Busy People™

416-399-5832

Updated: March 27, 2023

Address: 270 Davis Dr  Newmarket  ON  L3Y 8K2

Building Name: Kingscrest

Neighbourhood: Central Newmarket

Condo Corp: YRCC836

Age:  37 years

Build date: 1986 (as rental only)

Date Registered: June 30, 1993  Converted to Condo)

Units: 131

Storeys: 11 (12 Units per Floor minus 1)

Property Mgt: TSE Management Services - 905-764-9166 (was Wilson Blanchard)

Fees Include: Bldg Insurance, Common Elements, Water/Sewage,

Fees Exclude: Hydro, Unit Insurance (contents and liability), Personal Services (phone, security monitoring, rentals,)

Bulk Plans:  None 

Pets:  Dogs allowed up to 40 lbs (18 kgs) - max 1; Cats okay. MLS codes this as "Restricted"  that is  "Yes, but with Rules".

Health Amenities: Gym/Exercise, Lap Pool, Hot Tub, Sauna

Social Amenities: Party, Game, Library

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

Other Amenities: Visitor Parking, Landscaped

Smoking & Vaping: Not Allowed in Units.  Allowed in Designated Area (if any).

Concierge: None

Heating: Fan/Coil - Two pipes*: Central Heat (Hot of Chilled Water provided by Condo; Fan hydro NOT incl in fees)

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

Balcony: No

Ensuite Laundry: Yes

MLS Rentals: 1 or 2 per year; 2B:  $2,100 - $2,200 per mth

SALES, PRICES and CONDO FEES:

Earlier years shown in red if nothing sold for that model/size in the current year

Median Fees/SF, 2022: $0.69  up from $0.63 in 2021

Med Fees Trend: Increased from $0.64/SF/mth in 2020

Fees Include Underground  parking (no surface) and locker, Rogers basic cable valued
about $70/m. 

Fees Exclude: Hydro (value $80-$100/mth) - suggest getting full year utility to check this.

NOTE: There are only 2 Bed - 2 Wash units in this Building. Most are split-Bed (one bed on either side) each with ensuite Wash. Popular feature.
 

Kitchen - 96SF -106 SF

Primary Bed - 140SF - 180SF

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

Using 941 SF Model

Disclaimer: Buyers must always verify the relevant info above using expert advice from their lawyers and realtors. A key reference for condos is a current status certificate and condo docs (by-laws, rules, declaration, budget).

Major Pros

• Centrally located - See Map/WalkScore below.
• Walking distance to Upper Canada Mall & hospital.
• Direct easy access (on foot) but no ramp to Davis & bus stop.
• Large suites - 1006 - 1107 SF; smaller units 941 SF. (250 Davis has mostly 1161 SF 2-Beds)
• Large windows -  similar to 250 Davis.
• Some units have two walk-in closets (master & 2nd).
• Some units have a window at the kitchen sink.
• Underground parking - no surface parking.
• Nice decor, lovely party room, lap pool and sauna (his & her)
• Pets allowed with restrictions. 
• Well managed.
• Very few renters.
• Average turnover (10-12 sales per year).
• Condo fees are higher than Newmarket average but have been unchanged over the last 3 years.

 Major Cons

• KItchens are enclosed (vs) open concept but most have windows
• Older buildings (37 years).
• Older suites - some outdated (many upgraded).
• No balconies.
• Condo fees 2020- $0..64 per SF (upper range of Newmarket condos).
• Condo fees include all but Hydro - Heat is forced air (Fan/Coil) - common in older condos
• Eastside windows overlook co-op building next door

Somewhat Walkable - 62/100
Some errands can be accomplished on foot.

Good Transit - 51/100

Many nearby public transportation options.
 

Determine Your Commute Time and Route

Enter your Work Address Here