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For saleMLS® N13851650

1211 Gorham Street 5, Newmarket, ON L3Y 8Y3

Gorham-College Manor · L3Y 8Y3

$849,000

$276 / sq ft

1 months on market

Total area
3,080 sf
Lot
318.44 × 469.2 ft
Age
31-50 years

What's special

  • Outside/surface garage
  • Yes

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About this property

Fantastic opportunity to own approximately 3,000 sq. ft. of versatile commercial/industrial space in a prime Newmarket location! This well-designed unit offers approximately 1,600 sq. ft. on the main level, featuring a drive-in/loading door and flexible open space. The approximately 1,400 sq. ft. upper level provides a completely separate office area, ideal for businesses looking to combine workspace, showroom, recreational, storage or administrative uses under one roof. A functional and adaptable layout with excellent potential for an owner-user or investor. Conveniently located with easy access to major routes, amenities and surrounding businesses. Condo fees approximately $400/month. A great opportunity to own your commercial space.

Property details

Property

Property type
industrial
Interior size
3,080 sq ft
Year built
31-50
Lot size
318.44 × 469.2 ft
Zoning
M2
Possession
90-120 Days

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$849,000
Property taxes
$5,283 / year (2026)
Price per sq ft
$276

Listing

MLS® number
N13851650
Status
For sale
Listed
October 1, 2026
Days on market
34
Last updated
October 1, 2026
Listing brokerage
FOREST HILL REAL ESTATE 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 25% of comparable industrial listings in Newmarket are asking less.

$412KMedian $1.57M$11.87M
This home
$276 / sq ft
Comparable median
$350 / sq ft

Based on 8 comparable active industrial listings in Newmarket. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.1% · minimum $59,900
$59,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$4,363.07
Property tax (est.)
$440.27
Estimated monthly
$4,803

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
$13,455
Total due on closing
$13,455

An estimate on the asking price of $849,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of FOREST HILL REAL ESTATE 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.

$849,000

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