175 Mary Street, Newmarket, ON
Property no longer active
This property was sold on October 7, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,199,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 142.64 x 158.55 ft lot
- Features a apartment, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Rare Redevelopment Opportunity in the Heart of Newmarket! Welcome to 175 Mary Street a truly golden opportunity for builders, developers, and savvy investors alike. Situated on one of the largest and most desirable oversized square-shaped lots in the entire neighbourhood (143 ft x 160 ft), this exceptional property offers unmatched potential for future redevelopment or a custom estate build. Tucked away on a private dead-end street, directly connected to the scenic City Fairgrounds Park, this unique parcel boasts privacy, tranquility, and unbeatable convenience. Located in the vibrant core of Newmarket, its just a short stroll to historic Main Street, City Hall, and the prestigious Pickering College. You're also only minutes to Highway 404, GO Transit (Train & Bus), top-ranked schools, Southlake Hospital, and a full range of shops and amenities. The existing home features a separate entrance to a finished basement with two bedrooms and a kitchen, offering income potential or multi-generational living. Upgraded windows add additional value to the current structure. Whether you're looking to build your dream estate, sever and develop, or hold for future appreciation, the possibilities here are endless. Don't miss this once-in-a-generation chance to own one of New markets largest and most promising properties. Opportunities like this are extremely rare act now! Property and all contents sold in "as-is, where-is" condition.
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Property Summary
This detached home located at 175 Mary Street, Newmarket is currently for sale and has been available on SousaSells for 385 days. This property is listed at $1,199,900 with an estimated mortgage of $3,994* per month. It has 5 beds, 2 bathrooms, and is 1100-1500 square feet. 175 Mary Street, Newmarket is in the Gorham-College Manor neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Gorham-College Manor, Newmarket.
- •5 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1100-1500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Gorham-College Manor, Newmarket.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Greenbelt/Conservation
- Hospital
- Place Of Worship
- Public Transit
- Rec./Commun.Centre
- School
Interior Features
- Other
Security Features
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 175 Mary Street, Newmarket, ON
Q.What is the asking price for 175 Mary Street, Newmarket, ON ?
The current listing price for 175 Mary Street, Newmarket, ON in Gorham-College Manor, Newmarket is $1,199,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 175 Mary Street, Newmarket, ON ?
175 Mary Street, Newmarket, ON is a Detached (Bungalow) featuring a Apartment, Walk-Up basement.
Q.What key property features does 175 Mary Street, Newmarket, ON offer?
Key property features include: Greenbelt/Conservation, Hospital, Place Of Worship, Public Transit, Rec./Commun.Centre, School.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.What security features are installed at 175 Mary Street, Newmarket, ON ?
Security features include: Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 10.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 175 Mary Street, Newmarket, ON L3Y 3P9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $1,199,900 in Newmarket, the legal minimum down payment is $239,980 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,473 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,473.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.