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Price Change$1,250,000

886 Srigley Street

Gorham-College Manor, Newmarket

$990,000

Detached|Bungalow
3 | 2 | 5
About this home

Nestled in the vibrant community of Newmarket, just north of Toronto, this rare large-lot bungalow is ideally located at the intersection of Leslie Street and Highway 404, offering seamless connectivity and effortless travel in every direction. The home seamlessly blends quality of life with practical value, featuring spacious and sun-filled rooms that bring warmth and comfort to every day. What truly sets this property apart is its exceptional 90200 ft oversized front and rear lot - whether for personal enjoyment, investment rental income, renovation, or long-term appreciation, it holds limitless possibilities and tremendous future development potential. The surrounding amenities are second to none: universities, renowned high schools, and elementary schools are all within reach, with several prestigious elementary schools just steps away, creating a rich academic atmosphere. Three major parks embrace the area with lush greenery, perfect for leisurely strolls and family recreation, while well-connected public transit stations make daily commuting a breeze. This is far more than just a property - it is a prime opportunity to invest in your future and leave behind a valuable piece of real estate for generations to come.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,072
Lot Size80 ft x 187.5 ft
mls© NumberN13811212
Listed ByMAPLE LIFE REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,067
Property tax
$506
Heat allowance
$150
Housing costs
$5,723 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $198,000
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,166 / mo
Cash down
$198,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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