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For saleMLS® N13752864

648 Gorham Street, Newmarket, ON L3Y 1L4

Gorham-College Manor · L3Y 1L4

$788,000

$315 / sq ft

1 months on market

Bedrooms
5
Bathrooms
5
Interior
2,500 sf
Parking
6
Lot
66 × 165 ft

What's special

  • 6 parking spaces
  • Accessory apartment

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About this property

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.

Features

  • Accessory Apartment

Property details

Property

Property type
detached
Bedrooms
5
Bathrooms
5
Interior size
2,500 sq ft
Lot size
66 × 165 ft
Possession
TBA

Interior

Basement
Full
Heating
Forced Air · Gas
Exposure
South

Exterior & services

Construction
Stucco (Plaster)
Garage
Other
Parking spaces
6
Sewer
Sewer

Costs

List price
$788,000
Property taxes
$4,289 / year (2025)
Price per sq ft
$315
Rental items
HWT.

Listing

MLS® number
N13752864
Status
For sale
Listed
September 8, 2026
Days on market
58
Last updated
September 9, 2026
Listing brokerage
RE/MAX REALTRON REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 10% of comparable detached listings in Gorham-College Manor are asking less.

$781KMedian $995K$1.48M
This home
$315 / sq ft
Comparable median
$683 / sq ft

Based on 20 comparable active detached listings in Gorham-College Manor. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.8% · minimum $53,800
$53,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,059.52
Property tax (est.)
$357.40
Estimated monthly
$4,417

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$12,235
Total due on closing
$12,235

An estimate on the asking price of $788,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REALTRON REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$788,000

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