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Gorham-College Manor, Newmarket
$990,000
Nestled in the vibrant community of Newmarket, just north of Toronto, this rare large-lot bungalow is ideally located at the intersection of Leslie Street and Highway 404, offering seamless connectivity and effortless travel in every direction. The home seamlessly blends quality of life with practical value, featuring spacious and sun-filled rooms that bring warmth and comfort to every day. What truly sets this property apart is its exceptional 90200 ft oversized front and rear lot - whether for personal enjoyment, investment rental income, renovation, or long-term appreciation, it holds limitless possibilities and tremendous future development potential. The surrounding amenities are second to none: universities, renowned high schools, and elementary schools are all within reach, with several prestigious elementary schools just steps away, creating a rich academic atmosphere. Three major parks embrace the area with lush greenery, perfect for leisurely strolls and family recreation, while well-connected public transit stations make daily commuting a breeze. This is far more than just a property - it is a prime opportunity to invest in your future and leave behind a valuable piece of real estate for generations to come.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $6,072 |
| Lot Size | 80 ft x 187.5 ft |
| mls© Number | N13811212 |
| Listed By | MAPLE LIFE REALTY INC. |
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%
- $5,067
- Property tax
- $506
- Heat allowance
- $150
- Housing costs
- $5,723 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$176,000
gross annual household income
- Payment at 4%
- $4,166 / mo
- Cash down
- $198,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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