Published 2 November 2026 · By Jatin Dua, Broker of Record, RE/MAX Quantum Realty
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The Davis Residences at Bakerfield is a 212-suite condo tower at 175 and 185 Deerfield Road, near Davis Drive just east of Yonge Street in Newmarket. The Rose Corporation built it, and the corporation was registered in May 2024. Newmarket condo apartments sold for a median $490,000 from January to October 2026, down 12.8% from 2025.
This guide is for anyone looking at condos near Yonge Street and Davis Drive in Newmarket, and at The Davis Residences at Bakerfield in particular. You will get the building facts I could verify, what fees look like, how Viva and GO service works from here, what Newmarket condos sold and rented for in 2026, and what to check before you sign in 2027.
Where is The Davis Residences at Bakerfield and what is nearby?
The building’s addresses are 175 and 185 Deerfield Road. When it was being sold, New in Homes placed the project in Uptown Newmarket on Davis Drive, east of Yonge Street and just west of Lorne Avenue, and named Upper Canada Mall and Haskett Park among the nearby attractions. A building-data website lists a No Frills about a five-minute walk away.
The site is part of a larger plan. RENX reported in 2019 that the condo is one phase of a multi-building development on a 6.8-acre site. The first phase, 212 Davis Apartments, is a 15-storey, 225-unit purpose-built rental tower, and Rose said the remaining buildings were likely to be rentals too. So the finished site will mix condo owners with rental buildings run by one landlord.
If you are still choosing between the two towns, my Newmarket vs Aurora comparison for 2027 lays out the differences.
Who built The Davis Residences and when was it finished?
The Rose Corporation, a developer best known for purpose-built rentals, built The Davis Residences at Bakerfield. Media coverage in 2019 described it as the first major new condo development in Newmarket in more than 30 years. At launch it was planned at 15 storeys with 219 suites and targeted late-2022 occupancy.
The finished building took longer. A building-data website lists the corporation as York Region Condominium Corporation (YRCC) 1543, registered on 1 May 2024, with 16 floors and 212 suites. Differences between launch plans and the final building are common. The registered declaration is the legal record, so rely on it.
What suite types and sizes are available?
| Source | Suite types | Sizes |
|---|---|---|
| Launch plans (RENX, 2019) | 1 bedroom to 3 bedroom, with den options | 550 to 1,150 sq ft |
| Building record (building-data website) | 16 floors, 212 suites | 597 to 1,159 sq ft |
| Listed for sale, November 2026 | 1 bedroom plus den to 2 bedroom plus den | About 500 to 999 sq ft (size bands) |
Source: RENX (July 2019) and building-data website pages, read November 2026. Listing sizes are reported in bands.
Nine suites were listed for sale and none for rent on a building-data website in November 2026, all at 185 Deerfield Road. Most came with one parking space and one two-bedroom-plus-den came with two. Confirm parking and locker units on title for the suite you want.
What amenities does The Davis Residences at Bakerfield have?
A building-data website lists guest suites, a gym, a party room, a rooftop deck and visitor parking. The launch plans promised more: a lobby lounge, a fitness centre with a yoga studio, a party room with a kitchen and barbecues on a rooftop terrace, furnished guest suites, an indoor play zone for children, a hobby room and a pet wash station. New in Homes also described a landscaped courtyard between the towers.
Not every launch promise is always built as described. Tour the common areas and check the budget, which shows what the corporation pays to run each space.
What are the maintenance fees at The Davis Residences?
Suites listed in November 2026 showed fees from $558 to $848 a month. Pairing each fee with its size band, that works out to roughly 85 cents to just over $1.05 per square foot a month, on the higher side for a building this new.
A building-data website does not list what the fee covers, so confirm whether heat, water, hydro and parking are included. The corporation is only on its first few budgets. First budgets set by a builder can turn out too low, and fees can rise once the board has real operating costs. Ask what the 2026 and 2027 increases were or will be. My guide to reading a status certificate shows where to find this.
Condo Valuation
What’s your condo
worth today?
Three quick steps. Condos don’t price like houses — your floor, your view, and whether you own parking move the number more than anything else. This weighs all of them.
Reading recent condo sales…
Estimated market value
—
$0–$0
Most likely $0 · about $0 per square foot
What moved the number
Starting from what comparable units in your area sell for, here’s what your specifics added or subtracted.
Market context
—
—
Two units, same floor plan,
$90,000 apart.
That happens constantly in condos — one has the parking, the right exposure, or a board that keeps the reserve fund healthy. A model can’t see your status certificate. I can.
What do Newmarket condos sell and rent for in 2026?
I do not publish prices for single suites, and there is no official price for this building. The town-wide data below is the best public guide.
| Newmarket, January to October | 2024 | 2025 | 2026 |
|---|---|---|---|
| Condo apartment median price | $606,000 | $562,000 | $490,000 |
| Condo apartment sales | 54 | 66 | 51 |
| Condo apartment average days on market | 37 | 44 | 54 |
| Condo townhouse median price | $812,750 | $725,000 | $680,000 |
Source: TRREB MLS data via REALM, January to October 2026 vs the same period of 2025 and 2024. Town of Newmarket medians, not building figures.
The condo apartment median fell 12.8% from 2025 and sales fell 22.7%. Suites took 54 days to sell on average. Newmarket is a small condo market, with only 51 apartment sales in ten months, so one building with nine suites for sale can shape the whole town’s numbers.
For renters, TRREB’s Rental Market Report for Q2 2026 showed Newmarket condo apartments leasing for an average of $2,168 for a one-bedroom (22 leases) and $2,829 for a two-bedroom (7 leases). Across York Region, the averages were $2,190 and $2,772. The Q3 report was not posted as of 10 November 2026. My Newmarket and Aurora rent guide compares more sources.
Rent control is different here. Ontario’s 2027 guideline of 1.9% does not apply to units first occupied for residential purposes after 15 November 2018. This building was registered in 2024, so its suites fall under that exemption. Landlords still must give at least 90 days’ written notice and wait 12 months between increases.
How do you get around from Yonge and Davis?
- Viva Yellow. A building-data website lists the Davis Drive / Longford Drive Viva stop steps from the building. Viva Yellow runs on the Davis Drive rapidway, which opened in November 2015 and runs 2.7 km from Newmarket Terminal east to Huron Heights Drive, with stops including Southlake.
- Viva Blue. Newmarket Terminal, the York Region Transit and Viva hub at the west end of the rapidway, has platforms for both Viva Blue, which runs along Yonge Street, and Viva Yellow.
- GO train. Newmarket GO Station on the Barrie line is on Davis Drive, about two kilometres east of the terminal. Check GO Transit for current train times, since service varies by time of day.
- Driving. Launch marketing put Highway 404 about seven minutes away and Highway 400 about ten, which will depend on traffic.
What are the pros and cons of The Davis Residences at Bakerfield?
Pros
- A new building, registered in 2024, with Tarion warranty coverage still running.
- Rapid transit at the door and Yonge Street a short walk away.
- A long amenity list, including guest suites and a rooftop deck.
- For investors, the post-2018 rent control exemption.
Cons
- Fees per square foot on the higher side for a new building.
- Nine suites for sale at once means competition when you sell.
- Most suites are under 1,000 square feet.
- For tenants, increases are not capped at 1.9%.
Who it suits
The building suits first-time buyers who want a new suite with transit, people who work along the Davis Drive corridor, and investors who want a newer unit. It suits renters who value a modern building over the lowest rent.
Buying or renting at The Davis Residences in 2027: what should you check?
Buying a resale suite in a new building has one big advantage: the Tarion warranty. Tarion says the warranty stays with the home for seven years from the original possession date, and later owners get the balance of the coverage. Common elements have their own seven-year warranty, starting on the date the corporation was registered and managed by the board. Ask the board whether it has filed its common element claims.
Rates also matter. The Bank of Canada raised its policy rate to 2.50% on 28 October 2026, and big-bank prime moved to 4.70%. The next decision is on 9 December 2026. My first-time buyer guide for Newmarket and Aurora covers down payments and tax refunds.
If you are renting, ask the landlord before you sign which utilities you pay, whether parking and a locker come with the suite, and how the rent compares with other listings in the building. Ontario’s Condominium Act requires owners who lease a unit to notify the condo corporation, so a well-run landlord will register your lease with management, which also helps with fobs, parking and move-in bookings. Book the service elevator for your move early, because new buildings often have busy move-in calendars.
In my view, a new building with nine suites listed for sale and a town median down 12.8% is a buyer’s setting for 2027. I would compare every listed suite in the building side by side, then offer on the one with the best layout and parking rather than the lowest price. Sellers here are competing with each other, and that is your leverage. Check my top 5 Newmarket and Aurora condos for other options.
Young condo corporations often see early fee increases as the board replaces the builder’s first budget with real costs. Read the most recent budget, the reserve fund study and the board minutes, and ask whether any construction deficiencies are still being fixed. Tenants should know the 1.9% guideline very likely does not cap their rent here.
What to do next
- Get a fresh mortgage pre-approval at current rates before you shop.
- Ask for the status certificate, budget and minutes, and confirm what the fee covers.
- Compare all suites listed in the building by size, floor, exposure and parking.
- Ride Viva Yellow and Viva Blue at your real commute times before you commit.
- Book a call with me to go over the numbers for your situation.
Need help with this? Talk to me.
I’m Jatin Dua, Broker of Record at RE/MAX Quantum Realty, and I’m the best agent to do this kind of work for you in Toronto and across the GTA. Over $100 million in GTA sales and 100+ families helped sell. Feel free to contact me any time: call or text 833-330-1925 or email [email protected].
Frequently asked questions
What condos are near Yonge and Davis in Newmarket?
The Davis Residences at Bakerfield, at 175 and 185 Deerfield Road, is a newer condo tower near Yonge Street and Davis Drive, registered in May 2024 with 212 suites. It shares its site with a purpose-built rental tower, 212 Davis Apartments. Newmarket’s condo market is small, with 51 apartment sales from January to October 2026, so check every current listing before you choose.
Who built The Davis Residences at Bakerfield?
The Rose Corporation built The Davis Residences at Bakerfield, a developer best known for purpose-built rental buildings. Media coverage in 2019 called it the first major new condo development in Newmarket in more than 30 years. The condo corporation, YRCC 1543, was registered on 1 May 2024, according to a building-data website.
What are the condo fees at The Davis Residences in Newmarket?
Suites listed for sale in November 2026 showed fees of $558 to $848 a month, roughly 85 cents to just over $1.05 per square foot. A building-data website does not list what the fee includes, so check heat, water, hydro and parking in the status certificate. Ask whether a fee increase is planned for 2027.
How much is a condo near Yonge and Davis in 2027?
No official 2027 price exists yet. TRREB MLS data via REALM shows Newmarket condo apartments sold for a median $490,000 from January to October 2026, down 12.8% from $562,000 in 2025. Prices at any one building depend on size, floor and parking, so compare recent sales in the building.
How much is rent for a condo near Yonge and Davis, Newmarket?
TRREB’s Q2 2026 Rental Market Report showed Newmarket condo apartments leasing for an average of $2,168 for a one-bedroom and $2,829 for a two-bedroom. Those are town-wide averages from a small number of leases. Check TRREB’s newer reports and current listings before signing a lease in 2027.
Is The Davis Residences at Bakerfield rent controlled?
Very likely not. Ontario exempts units first occupied for residential purposes after 15 November 2018 from the rent increase guideline, and this building was registered in 2024. The 1.9% guideline for 2027 does not cap increases there, but landlords must still give 90 days’ written notice and wait 12 months between increases.
Does The Davis Residences still have Tarion warranty coverage?
Yes, most likely. Tarion says the warranty stays with a home for seven years from the original possession date, and later owners receive the balance of the coverage. Common elements have a separate seven-year warranty that starts on the registration date, 1 May 2024 here, and is managed by the condo board.
What transit is near The Davis Residences at Bakerfield?
Viva Yellow stops at Davis Drive and Longford Drive, steps from the building, on the Davis Drive rapidway that opened in 2015. Newmarket Terminal also serves Viva Blue along Yonge Street. Newmarket GO Station on the Barrie line is on Davis Drive, about two kilometres east of the terminal.
Is it a good time to buy a condo in Newmarket in 2027?
In my view, conditions favour buyers going into 2027, but no one can promise prices. Newmarket condo apartment medians fell 12.8% in January to October 2026 and suites took 54 days to sell on average. Rates rose in October 2026, so budget carefully and buy for your own needs rather than a quick gain.
Sources
- A building-data website: The Davis Residences at Bakerfield, 175 Deerfield Rd, Newmarket
- RENX: Rose Corp. to develop apartments and condos in Newmarket and Kitchener
- New in Homes: The Davis will be Newmarket’s first new condo in 30 years
- Davis Drive Rapidway (background)
- Newmarket Terminal (background)
- TRREB Rental Market Report, Q2 2026
- Ontario: Residential rent increases
- Tarion: Purchaser and homeowner FAQs
Related reading
- Living at Exchange District Condos, Mississauga: 2027 Buyer and Renter Guide
- Living at Pinnacle Uptown, Mississauga: 2027 Buyer and Renter Guide
- Living at The Grand Residences at Parkside Village, Mississauga: 2027 Buyer and Renter Guide
- Living at The Condominiums at Square One District, Mississauga: 2027 Buyer and Renter Guide
About the author — Jatin Dua, Toronto and GTA real estate broker
I am Jatin Dua, Broker of Record and co-founder of RE/MAX Quantum Realty Inc., Brokerage, Unit 101, 799 The Queensway, Toronto. I work with buyers and sellers across Toronto and the GTA and have helped more than 100 families sell. Four-plus years of active GTA transactions and over $100 million in sales volume.
Reach me at [email protected] or 833-330-1925, or book a call.