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Gorham-College Manor, Newmarket
$995,000
Welcome to this beautifully maintained home, ideally situated on a quiet street in one of Newmarket's most desirable neighbourhoods. With no sidewalk across the driveway, you'll enjoy the added convenience of extra parking and clean curb appeal. Pride of ownership is evident throughout. The Main Floor features hardwood flooring and a functional layout designed for comfortable everyday living. The spacious Primary Bedroom offers a walk-in closet and private 2-piece ensuite, while two additional generously sized bedrooms provide flexibility for family, guests, or additional workspace. The finished basement extends the living space with a dedicated home office, perfect for today's work-from-home needs. The recreation area is designed for both relaxation and entertaining, complete with built-in speakers, a spa-inspired 5-piece bathroom, and a walkout to the backyard escape. A separate workshop adds even more versatility for hobbyists or additional storage. Step outside to a stunning, beautifully landscaped yard featuring mature gardens and a meticulously maintained in-ground pool, which makes for an ideal setting for entertaining or enjoying peaceful summer days from spring through fall. Located just minutes from Hwy 404, Southlake Hospital, excellent schools, restaurants, shopping, and the new Costco, this home offers the perfect blend of lifestyle, convenience, and community. A wonderful opportunity to own a truly well-cared-for home in a prime Newmarket location.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 31-50 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,724 |
| Lot Size | 49.37 ft x 112.96 ft |
| mls© Number | N13472758 |
| Listed By | REMAX YOUR COMMUNITY REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,093
- Property tax
- $477
- Heat allowance
- $150
- Housing costs
- $5,720 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$176,000
gross annual household income
- Payment at 4%
- $4,187 / mo
- Cash down
- $199,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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Comparable sales
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