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For SaleDetached · 2-StoreyMLS® #N13752864 · TRREB MLS®

648 Gorham St, Newmarket, Ontario

Gorham-College Manor, Newmarket, Ontario L3Y 1L4

Bedrooms
5
Lot Size
66 x 165 ft
Bathrooms
5
Type
Detached
Basement
Full

$1,120,000

Estimated market value

About 648 Gorham St

648 Gorham St is a 5-bedroom, 5-bathroom detached house in Gorham-College Manor, Newmarket, listed for sale at an asking price of $1,120,000 (MLS® N13752864).

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.

Insights

  • Condition Score

    Good
    68out of 100

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    39out of 100

    −$1,167/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 7 detached homes with 5 bedrooms for lease in Newmarket right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$4,289 / 2025
MLS® number
N13752864
Board
TRREB MLS®
Property Type
Detached
Days on market
Size
2500-3000 sqft
Lot Size
66 x 165 ft
Listed on
Parking
Other, 6 Parking
Listing brokerage: RE/MAX REALTRON REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 648 Gorham St, Newmarket, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Dates and closing prices are shown to signed-in members.

Date StartDate EndList PricePriceEventListing ID
Date Start——$1,120,000—PcN13752864

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kishan Patel for a full comparative market analysis.

Property details

Property

Property Type
Detached
Style
2-Storey
Community
Gorham-College Manor
Municipality
Newmarket

Building

Size
2500-3000 sqft
Construction
Stucco/Plaster

Inside

Bedrooms
5
Bathrooms
5
Bathroom Details
1 × 4pc Main, 1 × 4pc Main, 1 × 4pc Main, 2 × 4pc 2nd
Basement Type
Full
Kitchens
5

Parking

Driveway
Private
Garage Type
Other
Additional Parking
6
Total Parking
6

Utilities

Water
Municipal
Cooling
None
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
66 ft
Depth
165 ft
Lot Size
66 x 165 ft

Additional

Foundation
Block
Roof
Shingles
Fireplace
No
Pool
None
Den
Yes
Family room
Yes
Extras
All Apliances. Furnace. W & D.

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Map and tour

Detached homes for sale in Gorham-College Manor right now

For sale now
22
Median asking price
$995K

Middle half: $899K to $1.3M

This home is asking 13% above the median.

See all homes in Gorham-College Manor

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Land transfer tax on this home

Ontario land transfer tax
$18,875
Total land transfer tax
$18,875
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$14,875
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,120,000
$14,400
Ontario total
$18,875

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

14 records · 7 on fileMatched 2026-11-10
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mBedrock about 84.4 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 5.2 kmNearest rail line: 440 mA trail or path within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by Newmarket-Tay Power Distribution Ltd.Wired internet 50/10 Mbps or faster is listed at a household 90 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record No record found in the source searched

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m250 m
  • Bedrock about 84.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasChecked at the listing’s mapped point, not across the whole lot.At the address
  • Nearest airport: 5.2 km5.2 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 440 m440 m
  • A trail or path within 1 km1 km

Province of Ontario open data · Provincial and municipal trail maps

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Magna Closures Inc. — Dortec Industries (Newpark), 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Newmarket-Tay Power Distribution Ltd.At the address
  • Wired internet 50/10 Mbps or faster is listed at a household 90 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (90 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.90 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, telMAX. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Rogers, Routcom, RuralNet, Vianet, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Lake Simcoe Region Conservation Authority or the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Prince Charles Public SchoolYork Region DSBPublic · grades JK–8 · French Immersion450 m64%Grade 6 average
Bogart Public SchoolYork Region DSBPublic · grades JK–81 km90%Grade 6 average
Notre Dame Catholic Elementary SchoolYork CDSBCatholic · grades JK–81.7 km69%Grade 6 average
ÉÉC Saint-JeanConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–65.2 km90%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Sacred Heart Catholic High SchoolYork CDSBCatholic · grades 9–12900 m62%Grade 9 math
Newmarket High SchoolYork Region DSBPublic · grades 9–12 · French Immersion1.3 km75%Grade 9 math
Huron Heights Secondary SchoolYork Region DSBPublic · grades 9–121.3 km46%Grade 9 math
Dr John M Denison Secondary SchoolYork Region DSBPublic · grades 9–122.9 km47%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
Southlake Regional Health CentreYRT bus rapid transit: Viva Yellow1 km
Davis Dr / Huron Heights DrYRT bus rapid transit: Viva Yellow1.2 km
Newmarket GOGO Transit train: Barrie1.2 km
Davis Dr / Main StYRT bus rapid transit: Viva Yellow1.2 km
Davis Dr / Longford DrYRT bus rapid transit: Viva Yellow1.9 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; YRT schedule data (GTFS) from York Region Transit under the YRT Open Data Licence 2.0, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains public transit Information made available under YRT's Open Data Licence.

Lot

Street frontage
66 ft20.1 m
Depth
165 ft50.3 m

The record marks this lot irregular, so its area is not the frontage multiplied by the depth. It is not given here. Confirm with a survey before you buy.

Source: the MLS® listing record, measured by Survey.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $224,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$224,000
Total mortgage amount
$896,000
Total interest payment
$637,000
Total purchase cost
$1,757,000
Mortgage payment
$5,110/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

38%

Monthly carrying cost

$5,467
−$1,167per month
  • Rent $4,300
  • Shortfall $1,167

Rental income opens at $4,300, the median asking rent of 7 comparable homes for lease in Newmarket. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in Gorham-College Manor are shown to signed-in members.

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