621 Lydia Street, Newmarket, ON
Gorham-College Manor, Newmarket · MLS® N13744296
About this home
In short
- CHARACTER-FILLED CENTURY HOME ON A 70 X 130 FT LOT ACROSS FROM FAIRGROUNDS PARK & MOMENTS FROM HISTORIC MAIN STREET.
- A big in-town lot across from the park is already a win, but add wood beams, a vaulted kitchen, a 3-season room, and a spiral staircase, and 621 Lydia Street has the...
- Mature trees frame the 70 x 130 ft lot, complete with driveway parking for 4, a shed and a large yard with room for gardens, play space and outdoor dining.
- The main level is full of personality, featuring exposed wood beams, warm wood trim, hardwood flooring, cheerful paint tones and a spiral staircase.
- A large vaulted kitchen offers wood cabinetry, tile flooring, a skylight, plenty of prep space and a walkout to the 3-season room, where park views make morning...
CHARACTER-FILLED CENTURY HOME ON A 70 X 130 FT LOT ACROSS FROM FAIRGROUNDS PARK & MOMENTS FROM HISTORIC MAIN STREET! A big in-town lot across from the park is already a win, but add wood beams, a vaulted kitchen, a 3-season room, and a spiral staircase, and 621 Lydia Street has the character you don't often find. Set directly across from Fairgrounds Park with a playground, ball diamonds and green space, this home places schools, transit, shopping and restaurants close by, with Historic Main Street, Fairy Lake Park, Riverwalk Commons, Upper Canada Mall and Southlake Health all within a quick drive. Mature trees frame the 70 x 130 ft lot, complete with driveway parking for 4, a shed and a large yard with room for gardens, play space and outdoor dining. The main level is full of personality, featuring exposed wood beams, warm wood trim, hardwood flooring, cheerful paint tones and a spiral staircase. A large vaulted kitchen offers wood cabinetry, tile flooring, a skylight, plenty of prep space and a walkout to the 3-season room, where park views make morning coffee feel extra special. A main floor 3-piece bathroom with a clawfoot tub adds vintage charm, while the upper level features 2 bedrooms and a 3-piece bathroom, including a primary bedroom with a walkout to an elevated deck. Zoning may permit an accessory dwelling unit, bed and breakfast establishment, home occupation and private home daycare, offering added flexibility for a range of future uses. With a walkable Newmarket location, a generous 70 x 130 ft lot and character throughout, this #HomeToStay is full of details that make it feel anything but ordinary.
Key facts
- Property type
- Detached, 1 1/2 Storey
- MLS®
- N13744296
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 70 × 130 ft
- Cross streets
- Prospect St/Lydia St
- Parking
- 4 parking
- Driveway
- Private
- Basement
- Full, Unfinished, Separate Entrance
- Heating
- Forced Air
- A/C
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,512 / 2025
- Days on market
- 17
- Listing brokerage
- RE/MAX HALLMARK PEGGY HILL GROUP REALTY
Rooms
Listed at $724,900. 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 $716K, if it sells. A realistic range is $671K to $807K.
Independent value check: $746K. Without looking at the asking price, our model values the home itself about 3% above the ask (homes like it typically land between $699K and $781K).
Why $746K. 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 it stronglyIts tax bill, which follows the city's own assessment, is $4,512 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.
- ▼ Lowers it2 bedrooms and 2 baths, against 3+1 and 3 typically.
Total price vs nearby homes. Likely closing about $716K, from 22 recent closings in this pocket.
The market behind the math:
About 2.9 months of inventory: 21 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 $558/sqft against an area asking average of $619/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 $711K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
- Hardwood floors: quality hardwood is durable and broadly desirable. 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.
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.
For sale
For sale
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 $746K, which is where my estimate comes from.
Per square foot, these ask about $710/sqft; this home lists at $558/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
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: 12 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 22, 2026); conventional rates run a little higher.
Mortgage amount $579,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,174
- Property tax
- $376
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $3,550
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $10,973
- Estimated closing costs
- $10,973
Plus your down payment of $144,980. 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
- $190,460
- Principal paid down
- $71,703
- Interest paid
- $118,757
- Balance remaining
- $508,217
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 22 whole-home leases in Gorham-College Manor signed at a median of $2,600 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,648. 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 PEGGY HILL GROUP REALTY. MLS®/PropTx.