813 Grace Street, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13817708

$999,000
For Sale
Listed 26 days agoNo offer date stated
4Bedrooms
2Bathrooms
2Garage · 6 parking
1500-2000Sq ft

About this home

In short

  • Spacious 4-bedroom Backsplit Home on sought-after Grace Street in the Heart of Newmarket.
  • The bright, open-concept Main Floor features Hardwood Flooring, Crown Moulding, a large Bay Window, Pot Lights and a spacious Kitchen complete with Granite...
  • Upstairs, you'll find three Bedrooms and an updated Spa-like 4-piece Bathroom with heated floors.
  • The fully above-grade Lower Level offers even more living space with a 4th Bedroom and a cozy Family Room with a Gas Fireplace and walkout to the Backyard.
  • Meticulously maintained by the same owners for more than 20 years, this Property shows true pride of ownership.

Spacious 4-bedroom Backsplit Home on sought-after Grace Street in the Heart of Newmarket. Ideally located within walking distance to Amenities and Transit along Davis Drive, the GO Station and Historic Main Street with its charming Shops, Restaurants, Cafés and more. The bright, open-concept Main Floor features Hardwood Flooring, Crown Moulding, a large Bay Window, Pot Lights and a spacious Kitchen complete with Granite Countertops and a convenient Pass-Through overlooking the Living Space. Upstairs, you'll find three Bedrooms and an updated Spa-like 4-piece Bathroom with heated floors. The fully above-grade Lower Level offers even more living space with a 4th Bedroom and a cozy Family Room with a Gas Fireplace and walkout to the Backyard. Step outside to your private, fully fenced yard and enjoy relaxing on the Patio (with Gas hook-up for BBQ) beside the peaceful Pond - a wonderful space for entertaining or unwinding. Meticulously maintained by the same owners for more than 20 years, this Property shows true pride of ownership. Don't miss your chance to make this Home your own.

Key facts

Property type
Detached, Backsplit 4
MLS®
N13817708
Bedrooms
4
Bathrooms
2 (1 half)
Size
1500-2000 sq ft
Lot
58 × 145 ft
Cross streets
Alexander Rd / Davis Drive
Parking
2 garage · 6 parking (attached)
Driveway
Private Double
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Stone
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,625 / 2026
Days on market
26
Listing brokerage
KELLER WILLIAMS REALTY CENTRES

Rooms

Dining RoomMain4.36 × 2.62 m

hardwood floor · crown moulding · pot lights

Bedroom 2Upper3.44 × 2.86 m

hardwood floor · closet · overlooks backyard

Bedroom 3Upper3.17 × 2.65 m

Laminate

Bedroom 4Lower3.88 × 3.77 m

hardwood floor · crown moulding · double closet

Primary BedroomUpper3.90 × 3.44 m

hardwood floor · double closet · overlooks backyard

LaundryBasement4.75 × 4.00 m

laundry sink · closet · above grade window

Family RoomLower6.04 × 3.76 m

hardwood floor · gas fireplace · w/o to patio

Living RoomMain5.38 × 4.36 m

hardwood floor · crown moulding · bay window

KitchenMain4.43 × 3.22 m

granite counters · pass through · pot lights

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read
What sellers nearby are askingCurrently listed nearby in Gorham-College Manor · asking prices
$972kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $546/sqft; this home lists at $571/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
999kThis home1.05M990k1.07M850k900kThis 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
$1.10M
Bristol-London
$993K
Central Newmarket
$1.04M
Stonehaven-Wyndham
$1.48M
Armitage
$1.21M

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

Affordability
$4,553/mo
$192KIncome needed
5.2×Price ÷ income
$1,051Weekly cost
$16,455Land 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.

91%mortgage
Mortgage $4,553Property tax $469Total carry $5,022

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,419per month

Mortgage amount $799,200 · 4.49% over 25 years

$199,800Down payment (20.0%)
$799,200Loan before insurance
$0CMHC premium
$4,888Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,419
Property tax
$469
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,888

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

One-time closing costs

Ontario land transfer tax
$16,455
Estimated closing costs
$16,455

Plus your down payment of $199,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,348/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

$526,474Total interest paid
$1,325,674Total of all payments
Principal $799,200 Interest $526,474
YearPrincipalInterestBalance
1$17,835$35,192$781,365
2$18,645$34,382$762,721
3$19,491$33,536$743,230
4$20,376$32,651$722,854
5$21,301$31,726$701,553
6$22,268$30,759$679,284
7$23,279$29,748$656,005
8$24,336$28,691$631,668
9$25,441$27,586$606,227
10$26,596$26,430$579,631
11$27,804$25,223$551,827
12$29,066$23,960$522,760
13$30,386$22,641$492,374
14$31,766$21,261$460,608
15$33,208$19,819$427,400
16$34,716$18,311$392,684
17$36,292$16,735$356,392
18$37,940$15,087$318,452
19$39,663$13,364$278,789
20$41,463$11,563$237,325
21$43,346$9,681$193,979
22$45,314$7,713$148,665
23$47,372$5,655$101,294
24$49,522$3,504$51,771
25$51,771$1,256$0

At the end of your 5-year term

Total paid over the term
$265,135
Principal paid down
$97,647
Interest paid
$167,487
Balance remaining
$701,553

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
Estimate$3,150/mo
$37,800Gross annual rent
2.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.8%
Gross yield
− Property tax $5,625− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,617

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

CallRequest a showing