637 Gorham Street, Newmarket, ON

$779,900
MLS#:N11894838
3 beds
2 baths
1500-2000 sqft
5.0 parking
Residential Freehold
637 Gorham Street, Newmarket, ON L3Y 1L5
⚠️

Property no longer active

This property was sold on December 25, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $779,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 48 x 130 ft lot
  • Features a full, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Storage, Water Heater Owned
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Been looking for a beautifully well maintained affordable home in Newmarket? Located on the main bus route to Yonge Viva bus line and GO bus station. Walking distance to GO train station, Southlake hospital and Medical Centers along with public school, catholic school, french-emersion and high school.Walk downtown Newmarket and enjoy shopping, restaurants, parks and walking trails, library, splash pad and year round recreational events and when you have enjoyed all that Newmarket has to offer come home and relax in your cozy family room with walk out to your large but private backyard. Inside features large bright rooms, beautiful wood trim throughout, 3 spacious bedrooms, full basement, unfinished but would make a great teenage hangout, laundry room in in the lower level with tons of storage space. updates throughout the years include all new wiring in main part of the house (2010) additional insulation added in the attic (2010), furnace, AC and air cleaner (2013) main roof area 25. year fiberglass base/ asphalt shingles with plywood underlay, eavestrough and downspouts (2010) Rear Roof limited lifetime fiberglass shingles (2024) Napoleon gas fireplace (2015) Some plumbing has been updated along with some of the windows and doors. This home is not to be missed!!

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Property Summary

This detached home located at 637 Gorham Street, Newmarket is currently for sale and has been available on SousaSells for 598 days. This property is listed at $779,900 with an estimated mortgage of $2,596* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 637 Gorham Street, Newmarket is in the Gorham-College Manor neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Gorham-College Manor, Newmarket.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Newmarket.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 25, 2024
Sold price information is available to members only
Listed Date12/16/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionVinyl Siding
BasementFull, Unfinished
Lot Size48 × 130 Feet
CountyYork
Annual Tax$4,130.52
Legal DescriptionPT LT 8 N/S GORHAM ST PL 85 NEWMARKET CONFIRMED BY 65BA237 PT 1 65R320 ; NEWMARKET

Parking & Garage

Parking Total5.0
Parking Space4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Public Transit
  • School
  • Park

Interior Features

  • Auto Garage Door Remote
  • Storage
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 637 Gorham Street, Newmarket, ON

Q.What is the asking price for 637 Gorham Street, Newmarket, ON ?

The current listing price for 637 Gorham Street, Newmarket, ON in Gorham-College Manor, Newmarket is $779,900.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 637 Gorham Street, Newmarket, ON ?

637 Gorham Street, Newmarket, ON is a Detached (2-Storey) featuring a Full, Unfinished basement.

Q.What key property features does 637 Gorham Street, Newmarket, ON offer?

Key property features include: Hospital, Library, Public Transit, School, Park.

Q.What interior features are included in this home?

Interior highlights include: Auto Garage Door Remote, Storage, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 5.0 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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637 Gorham Street, Newmarket, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 637 Gorham Street, Newmarket, ON L3Y 1L5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

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Interest Rate4.00%
Down Payment$233,970 (30.0%)
* Minimum Canadian down payment required for this price is $52,990.
Amortization Period30 Years
Estimated Monthly Payment$2,596Based on a loan of $545,930 over 30 years.
Purchase Price$779,900
Loan Amount$545,930
Provincial Land Transfer Tax:$12,073
Total Estimated Closing Taxes:$12,073

About Purchasing a Home in Newmarket, ON

For a property listed at $779,900 in Newmarket, the legal minimum down payment is $52,990 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 $12,073 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 $12,073.

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Gorham-College Manor, Newmarket Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Gorham-College Manor, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,120,207

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Gorham-College Manor, Newmarket

Elementary Schools

Bogart
PublicNewmarket, Ontario, L3Y 0A5
8.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Glen Cedar
Public915 Wayne Drive, Newmarket, Ontario, L3Y 5W1
3.6
Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Notre Dame
Public715 Kingsmere Avenue, Newmarket, Ontario, L3X 1L4
6.8

Secondary Schools

Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1

Gorham-College Manor, Newmarket Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.