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Gorham-College Manor, Newmarket
$1,299,900
First Time Ever On The Market! Discover Country Living In The City At 788 Allan Avenue! A newly renovated 2+2 bedroom bungalow situated on an oversized approximately 8,686 sq. ft. lot in Newmarket's desirable Gorham-College Manor community, backing onto a peaceful conservation area. Mature landscaped trees provide exceptional front-yard privacy, while hardwood flooring flows throughout the bright main level. The kitchen features stainless steel appliances, a centre island, track lighting &picture windows, opening seamlessly to the dining area with a walkout to the spacious deck for BBQs. Surrounded by large picture windows, the sun-filled living room overlooks the gorgeous above-ground heated saltwater pool. 2 generously sized bedrooms and a 4-piece bathroom complete the main floor. The ultimate highlight is the fully fenced, oasis-like backyard, thoughtfully designed with multi-level deck & patio areas offering abundant space for entertaining, family gatherings and pets. Mature fruit-bearing apple and cherry trees, grapevines enhance this serene outdoor retreat. The finished basement is soundproof & insulated is accessible through a separate entrance. The basement offers excellent in-law or rental potential with 2 bedrooms, a 3-piece bathroom, laundry area & an open-concept kitchen & recreation room featuring laminate flooring, pot lights, above-grade windows & a cozy wood-burning stove. Outdoor cameras, all pool equipment, the gazebo, 2 sheds and outdoor patio furniture are included for added convenience, while the private driveway accommodates four vehicles. Ideally located near Fairy Lake, Jim Bond Park, Don McKnight Field & Mabel Davis Conservation Area for outdoor recreation. Sacred Heart Catholic High School, Newmarket High School, Bogart Public School and other schools nearby. Enjoy convenient access to restaurants, shopping at Upper Canada Mall, SilverCity, Southlake Hospital, YRT/Viva transit, Newmarket GO Station and Highway 404 for easy GTA commuting.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,751 |
| Lot Size | 55.75 ft x 130.09 ft |
| mls© Number | N13813592 |
| Listed By | SUTTON GROUP-ADMIRAL 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%
- $6,653
- Property tax
- $396
- Heat allowance
- $150
- Housing costs
- $7,199 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$222,000
gross annual household income
- Payment at 4%
- $5,470 / mo
- Cash down
- $259,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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