735 Srigley Street, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13746714

$949,999
For Sale
Listed 17 days agoNo offer date stated
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4Bedrooms
3Bathrooms
1Garage · 4 parking
700-1100Sq ft

About this home

In short

  • Welcome to 735 Srigley Street, where modern comfort, thoughtful upgrades, and income potential come together in this move-in-ready stunning Newmarket home.
  • Set on a deep 187ft lot in a well-established, family-friendly neighbourhood, this property offers excellent flexibility for today's lifestyle.
  • Inside, the home features a bright, inviting interior with pot lights throughout, hardwood flooring, beautiful tile in the kitchen and entry areas, and high-end...
  • The lower level features a renovated one-bedroom basement unit with quartz kitchen countertops, an updated bathroom, and basement laundry perfect for in-law living or...
  • The basement also has a second one-bedroom, one-bath unit roughed-in for a kitchen and can function as a separate suite or be combined with the other unit, offering...

Welcome to 735 Srigley Street, where modern comfort, thoughtful upgrades, and income potential come together in this move-in-ready stunning Newmarket home. Set on a deep 187ft lot in a well-established, family-friendly neighbourhood, this property offers excellent flexibility for today's lifestyle. Inside, the home features a bright, inviting interior with pot lights throughout, hardwood flooring, beautiful tile in the kitchen and entry areas, and high-end electric smart blinds. A tastefully designed feature wall adds a sleek focal point to the main living space. The newly updated main floor kitchen features stainless steel appliances and plenty of natural light. The lower level features a renovated one-bedroom basement unit with quartz kitchen countertops, an updated bathroom, and basement laundry perfect for in-law living or rental use. The basement also has a second one-bedroom, one-bath unit roughed-in for a kitchen and can function as a separate suite or be combined with the other unit, offering excellent flexibility and strong income potential, with the entire basement estimated to generate $3,000-$3,500 per month. Outside, enjoy strong curb appeal and interlocking stone, a three-car driveway, plus a 1 car garage, all set on a huge deep lot. Located just minutes & walking distance from Downtown Newmarket, this home offers easy access to shops, dining, parks, schools, transit, and everyday essentials in a highly sought after neighbourhood.

Key facts

Property type
Detached, 1 Storey/Apt
MLS®
N13746714
Bedrooms
4
Bathrooms
3
Size
700-1100 sq ft
Lot
50 × 188.2 ft
Cross streets
Prospect St And Srigley St
Parking
1 garage · 4 parking (detached)
Driveway
Private Triple, Private, Tandem
Basement
Separate Entrance, Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,091 / 2025
Days on market
17
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenMain12.33 × 16.33 m
Bedroom 2Main11.08 × 11.33 m
Utility RoomBasement11.67 × 11.17 m
BathroomBasement6.33 × 5.00 m

3 Pc Bath

BedroomMain11.08 × 13.83 m
KitchenBasement13.00 × 15.67 m
BathroomBasement5.25 × 6.33 m

2 Pc Bath

Bedroom 3Basement10.08 × 16.75 m
BathroomMain7.42 × 7.42 m
Living RoomMain12.33 × 16.00 m
RecreationBasement11.75 × 16.83 m
Bedroom 4Basement16.75 × 9.17 m
Our TakeTeam Asgarian · Broker
A small discount is typical
$939Klikely sale price

Listed at $949,999. 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 $939K, if it sells. A realistic range is $880K to $1.06M.

Independent value check: $806K. Without looking at the asking price, our model values the home itself about 15% below the ask (homes like it typically land between $755K and $845K).

Why $806K. 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 stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $5,091 a year; the typical home sold here pays about $5,500.
  • ▲ Raises itThe listing describes it as fully renovated or newly built.
  • ▼ Lowers it slightly1 garage and 4 total parking spaces, against 2 and 6 typically.
List price
$880KBelow recent closings$1.06MAbove recent closings

Total price vs nearby homes. Likely closing about $939K, 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
17days on market so far
$2,569/moest. rent · 5 leases
3.2%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 2.6 months of inventory: 19 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 $1,056/sqft against an area asking average of $587/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 $801K. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • 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

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

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
$930kavg 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 $806K, which is where my estimate comes from.

Per square foot, these ask about $555/sqft; this home lists at $1,056/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
950kThis home849k940k1.05M850k959kThis 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
$862K
Central Newmarket
$946K
Bristol-London
$1.13M
Stonehaven-Wyndham
$1.78M
Woodland Hill
$1.13M

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 · 0.2 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 secondary0.4 km · 74% at standard
Mazo De La Roche Public School · Public elementary0.6 km · 85% at standard
Bogart Public School · Public elementary1.2 km · 87% at standard
Meadowbrook Public School · Public elementary1.4 km · 69% at standard
Glen Cedar Public School · Public elementary1.4 km · 61% at standard
Newmarket High School · Public secondary1.4 km · 86% at standard
Stuart Scott Public School · Public elementary1.6 km · 77% at standard
Maple Leaf Public School · Public elementary1.9 km · 63% at standard
Denne Public School · Public elementary2.0 km · 69% at standard
Rogers Public School · Public elementary2.0 km · 84% at standard
Notre Dame Catholic Elementary School · Catholic elementary2.1 km · 60% at standard
J L R Bell Public School · Public elementary2.3 km · 54% at standard

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

Affordability & Mortgage

Affordability
$4,330/mo
$182KIncome needed
5.2×Price ÷ income
$999Weekly cost
$15,475Land 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.

91%mortgage
Mortgage $4,330Property tax $424Total carry $4,754

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 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,160per month

Mortgage amount $759,999 · 4.39% over 25 years

$190,000Down payment (20.0%)
$759,999Loan before insurance
$0CMHC premium
$4,584Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,160
Property tax
$424
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,584

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

One-time closing costs

Ontario land transfer tax
$15,475
Estimated closing costs
$15,475

Plus your down payment of $190,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.39%Qualifying rate
$5,040/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

$488,013Total interest paid
$1,248,012Total of all payments
Principal $759,999 Interest $488,013
YearPrincipalInterestBalance
1$17,198$32,723$742,801
2$17,961$31,959$724,840
3$18,758$31,162$706,082
4$19,591$30,330$686,491
5$20,460$29,460$666,031
6$21,368$28,552$644,663
7$22,317$27,604$622,346
8$23,307$26,613$599,039
9$24,342$25,579$574,697
10$25,422$24,499$549,275
11$26,550$23,370$522,725
12$27,728$22,192$494,997
13$28,959$20,961$466,038
14$30,244$19,676$435,793
15$31,587$18,334$404,206
16$32,989$16,932$371,218
17$34,453$15,468$336,765
18$35,982$13,939$300,783
19$37,579$12,342$263,205
20$39,246$10,674$223,958
21$40,988$8,932$182,970
22$42,807$7,113$140,163
23$44,707$5,213$95,455
24$46,692$3,229$48,764
25$48,764$1,157$0

At the end of your 5-year term

Total paid over the term
$249,602
Principal paid down
$93,968
Interest paid
$155,634
Balance remaining
$666,031

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 5 whole-home leases in Gorham-College Manor$2,569/mo
$30,828Gross annual rent
2.2%Cap rate after taxes and upkeep
$2,261 to $2,878Typical rent range
~42 daysTo find a tenant, on average

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 numbers

The last 5 whole-home leases in Gorham-College Manor signed at a median of $2,948 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,569. 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.

3.2%
Gross yield
− Property tax $5,091− Insurance $1,400− Vacancy & upkeep $3,391Net operating income $20,946

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

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