893 Arnold Crescent, Newmarket, ON
Gorham-College Manor, Newmarket · MLS® N13787762
About this home
In short
- Over 2,000 square feet of proportioned living space awaits in this sun-filled 4-bedroom detached home on nearly acre lot, tucked into one of Newmarket's most...
- Steps to top-ranked schools (Mazo de la Roche French Immersion PS just down the road and Huron Heights SS a quick hop over the back fence), parks, tennis courts, and...
- Upstairs, the primary bedrooms offers a walk-in closet and an updated 3-piece ensuite with a glassed-in standup shower, alongside three generously sized bedrooms...
- Throughout the home you'll find engineered hardwood, cushion, and laminate flooring, plus wood staircase with wrought iron pickets.
- Outside, your private backyard awaits: a nearly -acre, pool-sized lot with a large deck, mature trees, and southwest exposure for breathtaking sunset views, all...
Over 2,000 square feet of proportioned living space awaits in this sun-filled 4-bedroom detached home on nearly acre lot, tucked into one of Newmarket's most sought-after, family-friendly neighbourhoods. Steps to top-ranked schools (Mazo de la Roche French Immersion PS just down the road and Huron Heights SS a quick hop over the back fence), parks, tennis courts, and winter sledding hills, with easy access to Highway 404, GO Train, GO Bus, and shopping - this is the kind of location families dream about.Step inside a welcoming foyer and newer front door into a home built for both everyday living and entertaining. The formal living room's oversized bay window fills the space with gorgeous morning light, while the formal dining room with built-in pantries sets the stage for special occasions. The large eat-in kitchen features a breakfast island and stainless steel appliances. Cozy up by the wood-burning fireplace with its traditional wood and stone mantel on cool nights.A rare main-floor laundry room doubles as a mudroom with built-in cabinetry and side-door access. Upstairs, the primary bedrooms offers a walk-in closet and an updated 3-piece ensuite with a glassed-in standup shower, alongside three generously sized bedrooms bathed in natural light and a modern family bathroom. A convenient main-floor powder room completes the layout.Throughout the home you'll find engineered hardwood, cushion, and laminate flooring, plus wood staircase with wrought iron pickets. The finished basement offers a spacious recreation room (easily fits a billiards table), storage, a workshop area with shelving and workbench, and a cold cellar.Outside, your private backyard awaits: a nearly -acre, pool-sized lot with a large deck, mature trees, and southwest exposure for breathtaking sunset views, all surrounded by well-tended perennial gardens. A double-car garage with newer doors and openers, plus parking for 6 on a no-sidewalk driveway, means room for the whole family and more.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- N13787762
- Bedrooms
- 4
- Bathrooms
- 3 (1 half)
- Size
- 2000-2500 sq ft
- Lot
- 47.83 × 157.33 ft
- Cross streets
- Davis Drive/Leslie Street
- Parking
- 2 garage · 8 parking (built-in)
- Driveway
- Private Double
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Aluminum Siding
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $5,836 / 2026
- Days on market
- 6
- Listing brokerage
- COLDWELL BANKER THE REAL ESTATE CENTRE
Rooms
laminate · large closet · large window
concrete floor · b/i shelves · window
cushion floor · open stairs · 2 pc bath
laminate · sliding doors · fireplace
laminate · large closet · large window
concrete floor · b/i shelves · enclosed
hardwood floor · bay window · formal rm
cushion floor · pantry · french doors
concrete floor · window
laminate · walk-in closet(s) · 3 pc ensuite
cushion floor · stainless steel appl · picture window
laminate · large closet · large window
broadloom · open concept · closet
cushion floor · side door · b/i shelves
Listed at $1,049,900. 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 $1.04M, if it sells. A realistic range is $972K to $1.17M.
Independent value check: $1.06M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $997K and $1.11M).
Why $1.06M. 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:
- ▲ Raises itIt is 2,000 to 2,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,836 a year; the typical home sold here pays about $5,500.
- ▲ Raises it slightly2 garage and 8 total parking spaces, against 2 and 6 typically.
Total price vs nearby homes. Likely closing about $1.04M, from 22 recent closings in this pocket.
The market behind the math:
About 1.4 months of inventory: 10 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 $467/sqft against an area asking average of $532/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 $955K. 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
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Primary suite: a key comfort and resale feature. Lifestyle
- 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.
Based on 22 comparable homes that sold in Gorham-College Manor over the past two years, from 135 closings there.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $474/sqft; this home lists at $467/sqft. Size is part of the price story, not just the sticker.
The 3 closest 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: 9 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 21, 2026); conventional rates run a little higher.
Mortgage amount $839,920 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,598
- Property tax
- $486
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,084
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $17,473
- Estimated closing costs
- $17,473
Plus your down payment of $209,980. 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
- $275,850
- Principal paid down
- $103,850
- Interest paid
- $172,000
- Balance remaining
- $736,070
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 numbersThe last 24 whole-home leases in Gorham-College Manor signed at a median of $3,362 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,548. 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 COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.