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The Davis -

This new condo project is an ambitious condominium and townhome development set to occupy a 4.4-acre lot just minutes from downtown Newmarket. Situated at Yonge St. and Davis Drive, this project will house over 500 residential units.

Newmarket is seeing a trend of vertical growth as the city pushes to redevelop the Davis Drive and Yonge Street corridor. In the coming years, there will be an improvement in housing options and public spaces in the effort to create additional community engagement for the area. The city of Newmarket has also committed to strengthening the town’s business culture by approving the expansions of major factories and the building of two new hotels and a convention centre. These neighbourhood enhancements are a part the ‘Yonge-Davis Urban Growth Centre Plan’ as growth projections estimate that by 2031, York Region will increase in population by 64% and employment by 59%. It is safe to say that this pre-construction condo residences will be a favourable one for the investor.

Amenities

This condo residence calls for 2 multi-family buildings in addition to a freehold townhome community. Amenities here will be highly desirable. The early development application to the City of Newmarket show community focused amenities like communal outdoor seating, a rooftop cook centre, lush green spaces and a dog park.

The Rose Corp is also known to develop properties that incorporate concierge services, guest suites, and underground residential and visitor’s parking. Based on the history of this developer, this condo will not fall short in design and functionality as previous projects by The Rose Corporation, they usually feature open concept suites that range from 594 to 2,100 sq ft. Living space is definitely a deciding factor for residents as the condo-lifestyle has attracted more families recently.

The building’s larger suites will surely accommodate growing families and the additional option of the community’s townhome development is a great alternative to the project’s high-rise.

Location & Neighbourhood

Newmarket is an affluential town, which is rich in history and takes great pride in incorporating community-oriented spaces alongside of infrastructure improvements and development. As this region goes through significant urbanization, these community engaging spaces have become some of the reasons why young professionals and growing families are beginning to flock to this charming town with big city conveniences.

Aside from beautiful local parks like Fairy Lake Park and Conservation Area, Paul Semple Park, and Whisper Billy Watson Park is the popular Riverwalk Commons. This locale invites its visitors to take in some entertainment at the outdoor stage where various events happen all year long. Some notable events include the Kanata Summer Festival, Moonlight Movies, Music in the Park, Winter Wonderland and the Newmarket Ice Lounge where the splash pad in the summer is converted into a skating rink during the winter months. Residents of this upcoming project will enjoy living just 6 minutes from this popular landmark, perfect for everyone in the family.

Transportation in this area is highly accessible especially since the introduction of VivaNEXT along Davis Drive. Via the VivaNEXT bus, residents can travel along Davis Drive to catch the GO which will connect riders to Union Station in under an hour. Additionally, the area around the development services 8 bus routes that will surely get you from point A to B in no time.

York Region’s Administrative Centre is a bustling employment hub and is located 17 minutes away by public transit and 4 minutes away by vehicle. In just 2 years, it’s 100 million dollar expansion is expected to reach completion and will stimulate additional commercial development in the years to come. Another employment hub is the nearby Southlake Hospital which employs over 3,000 medical professionals, including 540 physicians. As this hospital continues to make a name for itself as a high-tech healthcare district, more and more graduates of the GTA’s medical programs have begun to flock to Newmarket to set down new roots.

In the immediate area, there are a wealth of local shops and big-box retailers, as well as food and entertainment. Within a 5 minute drive, shoppers will arrive at Upper Canada Mall where 250 retailers and services are available.

The Developer

Over the course of nearly three decades of developing and financing real estate, The Rose Corporation has cultivated a deep innovative knowledge of the industry as a leader in single, multi-family, low-rise to high-rise and retirement residences. Rose is a developer that prides itself on creating a tailor-made balance for each investment. This developer is a BILD Award winner and a nominee of the BILD’s People’s Choice Award.


Ken Yeung
VVIP Broker
Century 21 Kennect Realty Inc., Brokerage

(416) 618-9890
Ken.Yeung@Century21.ca

Property Details

  • Property ID: 101400346
  • New Construction: No
  • Style: Condominium
  • Status: Active
Listed By Ken Yeung of CENTURY 21 Kennect Realty
in Service Agreement with CENTURY 21 Leading Edge Realty Inc., Brokerage*