292 Sheridan Court, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13850160

$899,900
For Sale
Listed 18 days agoNo offer date stated
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4+1Bedrooms
4Bathrooms
2Garage · 4 parking
1500-2000Sq ft

About this home

In short

  • Show This Lovely Open-Concept Home In The Heart Of Newmarket.
  • Versatile 4th Bedroom Can Be Used As A Family Room Or Home Office.
  • Features 9-Ft Ceilings, Finished Basement With Additional Bathroom, Convenient 2nd Floor Laundry, Direct Garage Access And More.

Show This Lovely Open-Concept Home In The Heart Of Newmarket! Bright And Spacious With Large Windows Overlooking A Private Treed Backyard. Situated On A Quiet Cul-De-Sac With No Through Traffic, Offering Privacy And A Safe Environment For Families. Upgraded Kitchen Features Granite Countertops And Modern Appliances. Versatile 4th Bedroom Can Be Used As A Family Room Or Home Office. Surrounded By Parks, Ravines And Bogarttown Creek. Walking Distance To Newmarket High School, Southlake Hospital, Shopping, Restaurants And Amenities. Features 9-Ft Ceilings, Finished Basement With Additional Bathroom, Convenient 2nd Floor Laundry, Direct Garage Access And More. Enjoy Comfortable Community Living In A Prime Location!

Key facts

Property type
Detached, 2-Storey
MLS®
N13850160
Bedrooms
4+1 (5 total)
Bathrooms
4 (1 half)
Size
1500-2000 sq ft
Lot
31.17 × 104.14 ft
Cross streets
Gorham/Stewart
Parking
2 garage · 4 parking (attached)
Basement
Finished, Walk-Up
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,688 / 2026
Days on market
18
Listing brokerage
EXP REALTY

Rooms

Bedroom 3Second3.53 × 2.77 m

Large Closet

Bedroom 5Basement0.00 × 0.00 m

3 pc ensuite · vinyl floor · large window

Primary BedroomSecond4.22 × 3.87 m

4 pc ensuite · separate shower · walk-in closet(s)

Dining RoomMain4.75 × 2.58 m

open concept · overlooks backyard

RecreationBasement0.00 × 0.00 m

large window · vinyl floor

Bedroom 4Second5.18 × 4.72 m

laminate · closet organizers · large window

Bedroom 2Second3.72 × 2.97 m

laminate · large closet

Living RoomMain3.35 × 3.07 m

hardwood floor · open concept

KitchenMain3.47 × 3.41 m

granite counters · stainless steel appl · breakfast bar

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
$1.08Mavg asking

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 $619/sqft; this home lists at $514/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
900kThis home1.05M1.30M900kThis 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.

Central Newmarket
$1.04M
Huron Heights-Leslie Valley
$1.10M
Stonehaven-Wyndham
$1.47M
Bristol-London
$1.00M
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
$4,101/mo
$175KIncome needed
5.1×Price ÷ income
$946Weekly cost
$14,473Land 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.

90%mortgage
Mortgage $4,101Property tax $474Total carry $4,575

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)
$3,981per month

Mortgage amount $719,920 · 4.49% over 25 years

$179,980Down payment (20.0%)
$719,920Loan before insurance
$0CMHC premium
$4,455Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,981
Property tax
$474
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,455

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

One-time closing costs

Ontario land transfer tax
$14,473
Estimated closing costs
$14,473

Plus your down payment of $179,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,818/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

$474,248Total interest paid
$1,194,168Total of all payments
Principal $719,920 Interest $474,248
YearPrincipalInterestBalance
1$16,066$31,701$703,854
2$16,795$30,972$687,059
3$17,558$30,209$669,502
4$18,355$29,412$651,147
5$19,188$28,579$631,959
6$20,059$27,707$611,900
7$20,970$26,797$590,930
8$21,922$25,845$569,007
9$22,918$24,849$546,090
10$23,958$23,809$522,132
11$25,046$22,721$497,086
12$26,183$21,584$470,903
13$27,372$20,395$443,531
14$28,615$19,152$414,916
15$29,914$17,853$385,002
16$31,272$16,495$353,730
17$32,692$15,075$321,038
18$34,176$13,590$286,861
19$35,728$12,039$251,133
20$37,350$10,416$213,783
21$39,046$8,721$174,737
22$40,819$6,948$133,918
23$42,672$5,094$91,245
24$44,610$3,157$46,635
25$46,635$1,131$0

At the end of your 5-year term

Total paid over the term
$238,834
Principal paid down
$87,961
Interest paid
$150,873
Balance remaining
$631,959

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
3.0%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.

4.2%
Gross yield
− Property tax $5,688− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,554

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

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