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Gorham-College Manor, Newmarket
$2,798,888
Owner is changing the original plan to the new plan for One single on Roxborough Rd. and 7 townhouses along the Queen st. E. No maintenance to pay. City's maintenances service like garbage pickup and snow removal. Free hold project with hundreds thousands dollar of saving for builder to build. No internal road to give up the land for, or costs to build the common road. There are around 50 different studies and plans are available for potential buyer to review with conditional offers. There are also available on town of Newmarket website / Current applications/ 6 Roxborough Rd.
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| Type | Detached |
| Style | 1 1/2 Storey |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $4,963 |
| Lot Size | 113.5 ft x 215 ft |
| mls© Number | N13830132 |
| Listed By | HOMELIFE/BAYVIEW 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%
- $14,326
- Property tax
- $414
- Heat allowance
- $150
- Housing costs
- $14,890 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$458,000
gross annual household income
- Payment at 4%
- $11,778 / mo
- Cash down
- $559,778
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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