99 Carlson Drive, Newmarket, ON
Gorham-College Manor, Newmarket · MLS® N13440074
About this home
In short
- WELCOME TO 99 CARLSON. this house has everything a family needs to call home. renovatedkitchen many upgrades also a New Renovated Basement Apartment which has been...
- This property has a 3 bedrooms upstairs, 2 bedrooms in the basement, 3 full washrooms and apowder room.
- It has a separate entrance to the basement apartment from outside.
- With a beautiful backyard oasis to enjoy the summervibes and family gatherings to walking distance to many lovely parks and recreationalactivities.
WELCOME TO 99 CARLSON. this house has everything a family needs to call home. renovatedkitchen many upgrades also a New Renovated Basement Apartment which has been Leased.This property has a 3 bedrooms upstairs, 2 bedrooms in the basement, 3 full washrooms and apowder room. It has a separate entrance to the basement apartment from outside. This propertyis just perfect to call your dream home. With a beautiful backyard oasis to enjoy the summervibes and family gatherings to walking distance to many lovely parks and recreationalactivities.There are a number of excellent schools in this subdivision catering to alll ages as well asprivate schoolls and montersorris. Also its within short proximity to the South-lake hospital.Don't miss out on this opportunity to call here home. !There are many reasons you would fall in love with this home. book a visit to find out why!
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13440074
- Bedrooms
- 5
- Bathrooms
- 4 (1 half)
- Size
- 1500-2000 sq ft
- Lot
- 56 × 136 ft
- Cross streets
- Carlson and Davis
- Parking
- 2 garage · 7 parking (attached)
- Driveway
- Available
- Basement
- Apartment, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,813 / 2026
- Days on market
- 101
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
combined w/family · w/o to deck · renovated
combined w/kitchen · fireplace · renovated
Closet
Closet
Combined w/Living
laminate · pot lights · renovated
walk-in closet(s) · 4 pc ensuite
laminate · pot lights · renovated
Combined w/Dining
Listed at $1,299,000. Going by how homes in Gorham-College Manor and the wider GTA have actually closed against their asking prices (about 99%, 22 local closings in 90 days), the likely sale price is near $1.28M, if it sells. A realistic range is $1.20M to $1.45M.
Independent value check: no figure for this home. Going only by the sales record, our model lands more than 25% below the ask. At that distance an automated figure has rarely been close to the eventual sale price, so we are not printing one. The usual reason is something the record cannot show: a rebuild, a second unit, or a lot or setting unlike the homes around it.
Longer on the market than typical. 101 days on the market against about 26 for homes like it here, and asking 32% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.28M, from 22 recent closings in this pocket.
The market behind the math:
About 0.8 months of inventory: 6 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $742/sqft against an area asking average of $503/sqft.
- Separate-entrance basement apartment features. A finished basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in Gorham-College Manor: 28 of the 109 detached leases here lately were basement units, around $1,880 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the Town of Newmarket.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $946K. Condition and finishes remain an in-person call.
What the listing highlights4 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
The assigned public school is Huron Heights SS. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 22 comparable homes that sold in Gorham-College Manor over the past two years, from 135 closings there.
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $985K, which is where my estimate comes from.
Per square foot, these ask about $528/sqft; this home lists at $742/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 6 active listings nearby.
See all comparable homesNeighbourhood & location
Gorham-College Manor, Newmarket, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 9 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.
Mortgage amount $1,039,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,688
- Property tax
- $484
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,173
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $22,455
- Estimated closing costs
- $22,455
Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $341,299
- Principal paid down
- $128,489
- Interest paid
- $212,809
- Balance remaining
- $910,711
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in Gorham-College Manor (28 of 109 recent detached leases were basement units, around $1,880 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,880 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 12 whole-home leases in Gorham-College Manor signed at a median of $3,362 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,354. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.