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Gorham-College Manor, Newmarket
$999,000
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.
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| Type | Detached |
| Style | Backsplit 4 |
| Approx. Age | Not available |
| Size | 1500-2000 sq. ft. |
| Property Tax | $5,625 |
| Lot Size | 58 ft x 145 ft |
| mls© Number | N13817708 |
| Listed By | KELLER WILLIAMS REALTY CENTRES |
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%
- $5,113
- Property tax
- $469
- Heat allowance
- $150
- Housing costs
- $5,732 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$176,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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