350 Pickering Crescent, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13493374

$1,099,000
For Sale
Listed 87 days agoNo offer date statedSitting longer than typical
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3Bedrooms
2Bathrooms
2Garage · 6 parking
1100-1500Sq ft

About this home

In short

  • Beautiful detached family home in sought-after College Manor, Newmarket.
  • Located near top-rated Bogart Public School and Newmarket High School, this bright and inviting home features ambient lighting, hardwood flooring, and an elegant...
  • The gourmet eat-in kitchen offers stone countertops, a stylish backsplash, and custom-built cabinetry, with matching custom vanities and stone counters in the bathrooms.
  • The fully finished basement is currently used as an entertainment and study space, while the spacious laundry room offers excellent potential to convert into a third...
  • Complete with a double garage, long 4-car driveway, and an unbeatable location close to schools, theatre, grocery stores, pharmacy, and more.

Beautiful detached family home in sought-after College Manor, Newmarket! Located near top-rated Bogart Public School and Newmarket High School, this bright and inviting home features ambient lighting, hardwood flooring, and an elegant dining area. The gourmet eat-in kitchen offers stone countertops, a stylish backsplash, and custom-built cabinetry, with matching custom vanities and stone counters in the bathrooms. The fully finished basement is currently used as an entertainment and study space, while the spacious laundry room offers excellent potential to convert into a third bathroom. Enjoy a south-facing fenced backyard backing onto Bogart, plus a side window along the staircase that fills the home with natural light. Complete with a double garage, long 4-car driveway, and an unbeatable location close to schools, theatre, grocery stores, pharmacy, and more. A safe, family-friendly neighbourhood - ideal for comfortable living!

Key facts

Property type
Detached, 2-Storey
MLS®
N13493374
Bedrooms
3
Bathrooms
2 (1 half)
Size
1100-1500 sq ft
Cross streets
College / Mulock
Parking
2 garage · 6 parking (attached)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete Block
Roof
Shingles
Sewer
Sewer
Property tax
$4,781 / 2026
Days on market
87
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

Living RoomMain40.91 × 35.53 m

hardwood floor · wainscoting · window

RecreationBasement67.81 × 38.75 m

vinyl floor · combined w/office · pot lights

KitchenMain43.04 × 33.37 m

hardwood floor · stone counters · stainless steel appl

LibraryBasement67.81 × 38.75 m

vinyl floor · combined w/great rm · pot lights

Bedroom 3Second33.37 × 29.07 m

hardwood floor · closet · large window

Primary BedroomSecond43.04 × 37.66 m

hardwood floor · semi ensuite · closet

Bedroom 2Second33.37 × 29.07 m

hardwood floor · closet · large window

Dining RoomMain44.13 × 32.28 m

hardwood floor · overlooks frontyard · large window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.09Mlikely sale price

Listed at $1,099,000. 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 $1.09M, if it sells. A realistic range is $1.02M to $1.22M.

Independent value check: $886K. Without looking at the asking price, our model values the home itself about 19% below the ask (homes like it typically land between $830K and $928K).

Why $886K. The typical detached home sold in Gorham-College Manor over the past year went for about $1.04M (72 sales). What sets this one apart:

  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,781 a year; the typical home sold here pays about $5,500.
  • ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly3 bedrooms and 2 baths, against 3+1 and 3 typically.

Longer on the market than typical. 87 days on the market against about 26 for homes like it here, and asking 24% above where comparable closings put it.

List price
$1.02MBelow recent closings$1.22MAbove recent closings

Total price vs nearby homes. Likely closing about $1.09M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.07Mmedian sold price
99%of asking, on average
+11%prices vs a year ago
~26 dayshomes like this take to sell
87days on market so far
$2,783/moest. rent · 27 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1 months of inventory: 7 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $845/sqft against an area asking average of $509/sqft.

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 $784K. 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

On schools, this address is zoned for Bogart PS, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Gorham-College Manor, so I widened the search to the surrounding area.

Based on 22 comparable homes that sold in Gorham-College Manor over the past two years, from 135 closings there.

What sellers nearby are askingCurrently listed nearby in Gorham-College Manor · asking prices
$868kavg asking

Nothing 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 $886K, which is where my estimate comes from.

Per square foot, these ask about $622/sqft; this home lists at $845/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.10MThis home959k725k940k849kThis home vs active comparables

Neighbourhood & location

Gorham-College Manor, Newmarket, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Stonehaven-Wyndham
$1.78M
Huron Heights-Leslie Valley
$857K
Central Newmarket
$946K
Bristol-London
$1.13M
Summerhill Estates
$1.12M

Typical asking price of active listings of the same type, per area (outliers removed). Newmarket.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Bogart PS
87%
Bogart PSPublic · Elementary · JK-8 · 0.1 km awayHigher-rated than most nearby · 87% meet the provincial standard
Sacred HeartEQAO results not published
Also nearby: 9 more schools within 2.5 km
Sacred Heart Catholic High School · Catholic secondary1.0 km · 74% at standard
Prince Charles Public School · Public elementary1.1 km · 47% at standard
Mazo De La Roche Public School · Public elementary1.3 km · 85% at standard
Stonehaven Elementary School · Public elementary1.4 km · 79% at standard
Huron Heights Secondary School · Public secondary1.8 km · 66% at standard
Stuart Scott Public School · Public elementary1.9 km · 77% at standard
Rogers Public School · Public elementary2.2 km · 84% at standard
Glen Cedar Public School · Public elementary2.3 km · 61% at standard
Meadowbrook Public School · Public elementary2.5 km · 69% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$5,009/mo
$207KIncome needed
5.3×Price ÷ income
$1,156Weekly cost
$18,455Land transfer tax, one-time (Ontario)
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $5,009Property tax $398Total carry $5,407

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

$
20.0%
$
%
4.39%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,813per month

Mortgage amount $879,200 · 4.39% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$5,211Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,813
Property tax
$398
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,211

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$18,455
Estimated closing costs
$18,455

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,831/monthPayment at the qualifying rate

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

$564,554Total interest paid
$1,443,754Total of all payments
Principal $879,200 Interest $564,554
YearPrincipalInterestBalance
1$19,895$37,855$859,305
2$20,778$36,972$838,527
3$21,700$36,050$816,826
4$22,663$35,087$794,163
5$23,669$34,081$770,493
6$24,720$33,030$745,774
7$25,817$31,933$719,957
8$26,963$30,787$692,994
9$28,159$29,591$664,835
10$29,409$28,341$635,425
11$30,714$27,036$604,711
12$32,078$25,673$572,634
13$33,501$24,249$539,132
14$34,988$22,762$504,144
15$36,541$21,209$467,604
16$38,163$19,588$429,441
17$39,856$17,894$389,585
18$41,625$16,125$347,959
19$43,473$14,278$304,487
20$45,402$12,348$259,085
21$47,417$10,333$211,668
22$49,522$8,229$162,146
23$51,719$6,031$110,427
24$54,015$3,735$56,412
25$56,412$1,338$0

At the end of your 5-year term

Total paid over the term
$288,751
Principal paid down
$108,707
Interest paid
$180,044
Balance remaining
$770,493

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.

Let's connect

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

Rental yield
From 27 whole-home leases in Gorham-College Manor$2,783/mo
$33,396Gross annual rent
2.1%Cap rate after taxes and upkeep
$2,573 to $3,065Typical rent range
~42 daysTo find a tenant, on average

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 27 whole-home leases in Gorham-College Manor signed at a median of $2,904 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,783. 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.

3.0%
Gross yield
− Property tax $4,781− Insurance $1,400− Vacancy & upkeep $3,674Net operating income $23,541

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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