346 Doak Lane, Newmarket, ON

Gorham-College Manor, Newmarket · MLS® N13878868

$799,900
For Sale
Listed 11 days agoNo offer date stated
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3Bedrooms
3Bathrooms
1Garage · 2 parking
1100-1500Sq ft

About this home

In short

  • Welcome to 346 Doak Lane, a stylish executive townhomes tucked into the quiet High Gate enclave in Newmarket's Gorham College Manor community.
  • This bright, well-appointed home features an open-concept main floor with hardwood flooring, pot lights,9ft ceilings, moulded details, and a large upgraded kitchen...
  • The Upper level offers 3 bedrooms, including a spacious primary suite with walk-in closet and 4-piece ensuite, along with 2bright secondary bedrooms overlooking the...
  • Close to schools, parks, shopping, transit, and major commuter routes.

Welcome to 346 Doak Lane, a stylish executive townhomes tucked into the quiet High Gate enclave in Newmarket's Gorham College Manor community. This bright, well-appointed home features an open-concept main floor with hardwood flooring, pot lights,9ft ceilings, moulded details, and a large upgraded kitchen with granite counters, centre island, stainless steel appliances, and walkout to the rear deck & patio. The Upper level offers 3 bedrooms, including a spacious primary suite with walk-in closet and 4-piece ensuite, along with 2bright secondary bedrooms overlooking the front of the home and also feature hardwood floors & generous closets. The finished lower level provides flexible bonus space with direct garage access -- perfect for a family room, office, gym, or media area. Close to schools, parks, shopping, transit, and major commuter routes. A polished, low-maintenance home in a convenient east-end Newmarket location.

Key facts

Property type
Townhouse, 2-Storey
MLS®
N13878868
Bedrooms
3
Bathrooms
3 (1 half)
Size
1100-1500 sq ft
Lot
18.01 × 72.54 ft
Cross streets
Leslie/Gorham
Parking
1 garage · 2 parking (built-in)
Driveway
Private
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,632 / 2026
Days on market
11
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE

Rooms

Bedroom 2Second2.52 × 3.84 m

hardwood floor · closet · overlooks frontyard

DenBasement3.98 × 4.50 m

window · w/o to garage

Primary BedroomSecond4.72 × 3.61 m

hardwood floor · walk-in closet(s) · 4 pc ensuite

Dining RoomMain4.76 × 2.53 m

tile floor · open concept · w/o to deck

Living RoomMain7.06 × 2.72 m

hardwood floor · pot lights · overlooks frontyard

KitchenMain4.38 × 2.74 m

tile floor · granite counters · open concept

Bedroom 3Second3.37 × 2.61 m

hardwood floor · closet · overlooks frontyard

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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Neighbourhood & location

Gorham-College Manor, Newmarket, ON

CommuteTime from this home to where you spend your day

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Affordability & Mortgage

Affordability
$3,646/mo
$155KIncome needed
5.2×Price ÷ income
$841Weekly cost
$12,473Land 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 $3,646Property tax $386Total carry $4,032

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,538per month

Mortgage amount $639,920 · 4.49% over 25 years

$159,980Down payment (20.0%)
$639,920Loan before insurance
$0CMHC premium
$3,924Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,538
Property tax
$386
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,924

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

One-time closing costs

Ontario land transfer tax
$12,473
Estimated closing costs
$12,473

Plus your down payment of $159,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,282/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

$421,548Total interest paid
$1,061,468Total of all payments
Principal $639,920 Interest $421,548
YearPrincipalInterestBalance
1$14,280$28,178$625,640
2$14,929$27,530$610,711
3$15,606$26,852$595,105
4$16,315$26,144$578,789
5$17,056$25,403$561,734
6$17,830$24,628$543,903
7$18,640$23,819$525,263
8$19,486$22,973$505,777
9$20,371$22,088$485,406
10$21,296$21,163$464,111
11$22,263$20,196$441,848
12$23,274$19,185$418,574
13$24,330$18,128$394,244
14$25,435$17,024$368,809
15$26,590$15,869$342,219
16$27,797$14,662$314,422
17$29,059$13,400$285,363
18$30,379$12,080$254,984
19$31,758$10,701$223,226
20$33,200$9,259$190,027
21$34,707$7,751$155,319
22$36,283$6,176$119,036
23$37,930$4,528$81,106
24$39,653$2,806$41,453
25$41,453$1,006$0

At the end of your 5-year term

Total paid over the term
$212,294
Principal paid down
$78,186
Interest paid
$134,107
Balance remaining
$561,734

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$2,300/mo
$27,600Gross annual rent
2.3%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.

3.5%
Gross yield
− Property tax $4,632− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,532

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. MLS®/PropTx.

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