750 Gorham Street, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13606748

$1,399,000
For Sale
Listed 57 days agoNo offer date statedSitting longer than typical
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4+1Bedrooms
2Bathrooms
1Garage · 6 parking
2000-2500Sq ft

About this home

In short

  • Welcome to 750 Gorham Street, Newmarket-a stunning, turn-key detached home designed for those who value quality, space, and convenience.
  • Extensively renovated and expanded to offer over 3,000 sq. ft. of finished living space, this property completely eliminates the stress of home improvement.
  • The heart of the home is an impressive 40'x20' living room featuring soaring 12-foot ceilings, an open-concept layout, and French doors leading to a private 8'x29'...
  • Upstairs, the second floor features new flooring, custom closets, a fully renovated bathroom, and windows (2023) with soundproofing and UV protection.
  • The massive, partially finished basement provides extensive additional living space, featuring a cozy wood stove and a dedicated office area, while the 40'x20'...

Welcome to 750 Gorham Street, Newmarket-a stunning, turn-key detached home designed for those who value quality, space, and convenience. Extensively renovated and expanded to offer over 3,000 sq. ft. of finished living space, this property completely eliminates the stress of home improvement. The heart of the home is an impressive 40'x20' living room featuring soaring 12-foot ceilings, an open-concept layout, and French doors leading to a private 8'x29' covered patio and a beautifully landscaped outdoor oasis. The custom kitchen boasts premium quartz countertops, modern cabinetry, and high-end finishes, making it the perfect hub for daily living and entertaining. The adjacent dining room is bathed in natural light through a large bay window. Upstairs, the second floor features new flooring, custom closets, a fully renovated bathroom, and windows (2023) with soundproofing and UV protection. The massive, partially finished basement provides extensive additional living space, featuring a cozy wood stove and a dedicated office area, while the 40'x20' addition offers hydronic radiant floor heating for year-round comfort. Recent mechanical and exterior upgrades include a 2024 roof and eavestroughs, 2022 A/C, 2023 furnace motor, and updated electrical throughout. With a private double-wide driveway and attached garage, you have ample parking for up to 6 vehicles. Enjoy an unbeatable location near Southlake Regional Health Centre, Main Street Newmarket, the Riverwalk Commons, and easy access to Hwy 404. Ideally situated in the highly sought-after Gorham-College Manor community, you are surrounded by top-rated schools-including Sacred Heart, Newmarket High, and Pickering College-as well as extensive parks, trails, and public transit. This exceptional, pride-of-ownership home is ready for you to move in, unpack, and enjoy. Why wait for renovations? This is the one you've been looking for. Schedule your private tour today!

Key facts

Property type
Detached, 2-Storey
MLS®
N13606748
Bedrooms
4+1 (5 total)
Bathrooms
2 (1 half)
Size
2000-2500 sq ft
Lot
50.5 × 111 ft
Cross streets
Alexander/Gorham
Parking
1 garage · 6 parking (attached)
Driveway
Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$4,714 / 2026
Days on market
57
Listing brokerage
REMAX CONNECT REALTY

Rooms

Bedroom 3Second2.90 × 2.48 m

hardwood floor · b/i closet · window

Primary BedroomSecond4.04 × 3.39 m

hardwood floor · b/i closet

OfficeBasement2.46 × 2.17 m

laminate · pot lights · window

Dining RoomGround5.57 × 3.48 m

window · hardwood floor · overlooks frontyard

Bedroom 4Second3.31 × 3.15 m

hardwood floor · closet · window

KitchenGround3.45 × 7.16 m

family size kitchen · window · ceramic floor

Family RoomBasement8.05 × 4.63 m

laminate · wood stove · window

Living RoomGround8.84 × 6.40 m

french doors · hardwood floor · gas fireplace

BedroomBasement8.00 × 5.92 m

Unfinished

Bedroom 2Second3.03 × 2.89 m

hardwood floor · b/i closet · window

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.38Mlikely sale price

Listed at $1,399,000. 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 $1.38M, if it sells. A realistic range is $1.30M to $1.56M.

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. 57 days on the market against about 26 for homes like it here, and asking 43% above where comparable closings put it.

List price
$1.30MBelow recent closings$1.56MAbove recent closings

Total price vs nearby homes. Likely closing about $1.38M, 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
57days on market so far
$3,470/moest. rent · 12 leases
3.0%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 0.7 months of inventory: 5 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 $622/sqft against an area asking average of $463/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 $849K. Condition and finishes remain an in-person call.

What the listing highlights5 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
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Addition / added square footage: more space lifts value when it is permitted and well integrated, verify the permits. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Heated floors: comfort and a premium-finish signal. Lifestyle
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.

What sellers nearby are askingCurrently listed nearby in Gorham-College Manor · asking prices
$999kavg 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 $977K, which is where my estimate comes from.

Per square foot, these ask about $444/sqft; this home lists at $622/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.40MThis home1.20M1.05M850k899kThis 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.

Huron Heights-Leslie Valley
$857K
Stonehaven-Wyndham
$1.78M
Central Newmarket
$969K
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 Prince Charles PS
47%
Prince Charles PSPublic · Elementary · JK-8 · 0.4 km awayBelow the GTA average · 47% meet the provincial standard
Sacred HeartEQAO results not published
Also nearby: 12 more schools within 2.5 km
Sacred Heart Catholic High School · Catholic secondary0.6 km · 74% at standard
Bogart Public School · Public elementary0.8 km · 87% at standard
Mazo De La Roche Public School · Public elementary0.9 km · 85% at standard
Newmarket High School · Public secondary1.1 km · 86% at standard
Stuart Scott Public School · Public elementary1.5 km · 77% at standard
Glen Cedar Public School · Public elementary1.8 km · 61% at standard
Meadowbrook Public School · Public elementary1.9 km · 69% at standard
Rogers Public School · Public elementary1.9 km · 84% at standard
Stonehaven Elementary School · Public elementary1.9 km · 79% at standard
Maple Leaf Public School · Public elementary2.2 km · 63% at standard
J L R Bell Public School · Public elementary2.4 km · 54% at standard
Denne Public School · Public elementary2.4 km · 69% at standard

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

Affordability & Mortgage

Affordability
$6,376/mo
$258KIncome needed
5.4×Price ÷ income
$1,471Weekly cost
$24,455Land 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.

94%mortgage
Mortgage $6,376Property tax $393Total carry $6,769

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)
$6,126per month

Mortgage amount $1,119,200 · 4.39% over 25 years

$279,800Down payment (20.0%)
$1,119,200Loan before insurance
$0CMHC premium
$6,519Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,126
Property tax
$393
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,519

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

One-time closing costs

Ontario land transfer tax
$24,455
Estimated closing costs
$24,455

Plus your down payment of $279,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$7,422/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

$718,664Total interest paid
$1,837,864Total of all payments
Principal $1,119,200 Interest $718,664
YearPrincipalInterestBalance
1$25,326$48,188$1,093,874
2$26,450$47,064$1,067,424
3$27,624$45,891$1,039,800
4$28,850$44,665$1,010,950
5$30,130$43,384$980,819
6$31,468$42,047$949,351
7$32,864$40,650$916,487
8$34,323$39,192$882,164
9$35,846$37,668$846,318
10$37,437$36,077$808,881
11$39,099$34,416$769,782
12$40,834$32,681$728,948
13$42,646$30,868$686,302
14$44,539$28,976$641,763
15$46,516$26,999$595,248
16$48,580$24,934$546,668
17$50,736$22,778$495,932
18$52,988$20,527$442,944
19$55,340$18,175$387,604
20$57,796$15,719$329,808
21$60,361$13,154$269,448
22$63,040$10,475$206,408
23$65,837$7,677$140,571
24$68,759$4,755$71,811
25$71,811$1,703$0

At the end of your 5-year term

Total paid over the term
$367,573
Principal paid down
$138,381
Interest paid
$229,192
Balance remaining
$980,819

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 12 whole-home leases in Gorham-College Manor$3,470/mo
$41,640Gross annual rent
2.2%Cap rate after taxes and upkeep
$3,297 to $3,700Typical 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 12 whole-home leases in Gorham-College Manor signed at a median of $3,531 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,470. 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 $4,714− Insurance $1,400− Vacancy & upkeep $4,580Net operating income $30,946

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

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