648 Gorham Street
Newmarket (Gorham-College Manor), ON L3Y 1L4
- 5Bedrooms
- 5Bathrooms
- 0Garage
- 2500–3000Sq Ft
- $4,289Tax
- 66×165 ftLot Size
Estimated Value:$945,600See Free Estimate Report
Sale & Price History for 648 Gorham Street, Newmarket, Gorham-College Manor
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 648 Gorham Street, Newmarket, Gorham-College Manor
Summarized Description
- Self-contained residence ideal for homeowners and investors.
- Expansive 66 x 166 ft lot offers versatility.
- Two driveways enhance rental income opportunities.
- Located in a sought-after neighborhood.
- Close to schools, hospital, and public transit.
- Currently tenanted with financial details available.
- Generates over $6,000 in net income monthly.
- Promising future possibilities in prime location.
Self-contained residence boasting significant Income property, situated on an expansive 66 x166 ft lot. Ideal for both prospective homeowners and investors, this property offers two driveways, enhancing versatility and rental income opportunities. Located in a sought-after neighborhood with close proximity to schools, hospital, and public transit. The property generates nearly over $6,000 in net income, allowing you to live comfortably while rental income helps cover your mortgage. Featuring five reliable tenants and numerous upgrades, this home presents promising future possibilities in a prime location.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,289
- Land Transfer Tax Fee
- $12,235
Rental Items
- Rental Equipment
- HWT.
- Basement Type
- Full
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Accessory Apartment
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Public Transit, School
Building
- Building Type
- Detached
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Stucco (Plaster)
- Roof
- Shingles
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 66.00 ft
- Lot Depth
- 165.00 ft
- Lot Size
- 10900
Inclusions
- Inclusions
- All Apliances. Furnace. W & D.
Exclusions
- Exclusions
- None.
Parking & Garages
- Garage Type
- Other
- Garage Spaces
- 0
- Parking Spaces
- 6
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 5
- Washrooms
- 5
- Kitchens
- 5
- Family / bonus room
- Yes
Washrooms
- 4-piece, Main
- 4-piece, Main
- 4-piece, Main
- 4-piece, Second
- Municipality
- Newmarket
- Neighbourhood
- Gorham-College Manor
- Main cross streets
- Leslie and Gorham
- Directions
- North-East
- MLS® number
- N13752864
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-09-08
- Updated on
- 2026-09-09
- Days on market
- 45 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- RE/MAX REALTRON REALTY INC.
Home Market Value
Current home valuation for 648 Gorham Street, Newmarket, Gorham-College Manor, Newmarket, ON. Listed for $788,000
HOMEH Estimate
$945,600
Estimated Sales Range
$727,548 - $1,083,685
HOMEH Estimate for 648 Gorham Street, Newmarket, Gorham-College Manor
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $288,000 over $500K
$53,800
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,345 | $21,985 | $18,754 | $0 |
=Total mortgage | $762,973 | $731,185 | $688,554 | $630,400 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,725monthly | $3,570monthly | $3,362monthly | $3,078monthly |
Land Transfer Tax
$12,235
$12,235
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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