190 Charlotte Street, Newmarket, ON
Gorham-College Manor, Newmarket · MLS® N13728806
About this home
Build the custom home you've always imagined -- in the heart of downtown Newmarket. This rare, approved building lot puts you steps from historic Main Street's shops, cafes, and restaurants, and moments from Southlake Regional Health Centre, top schools, parks, and transit. Severance and Minor Variance already approved by the Town, with Certificate of Official issued -- the heavy lifting is done. R2-D zoning supports a substantial detached residence with generous above-grade and finished basement space and municipal water service is already run to the rear of the lot. A rare chance to design and build exactly the home you want in one of Newmarket's most walkable, amenity-rich neighbourhoods. Buyers to confirm development charges and complete their due diligence.
Key facts
- Property type
- Other, Other
- MLS®
- N13728806
- Lot
- 44.9 × 116.8 ft
- Cross streets
- Srigley/Prospect
- Sewer
- Sewer
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Heads up: the asking price here sits well below what comparable listings suggest. In this market that usually means it is priced to draw multiple offers, so plan for competition and a final number above asking. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairNothing closely matching this home is listed nearby right now, so these are the nearest listings on the market.
Per square foot, these ask about $593/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Gorham-College Manor, Newmarket, ON
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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) →
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 4.09% via Ratehub.ca (as of September 1, 2026); conventional rates run a little higher.
Mortgage amount $239,920 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,293
- Property tax
- $187
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $1,481
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $2,974
- Estimated closing costs
- $2,974
Plus your down payment of $59,980. 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
- $77,606
- Principal paid down
- $30,196
- Interest paid
- $47,410
- Balance remaining
- $209,724
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.