A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 648 Gorham St, Newmarket Ontario L3Y 1L4
Re-listed 43 days ago

648 Gorham St, Newmarket, Ontario L3Y 1L4

Detached
4
5
~2500-3000 sqft
$•••,•••
$1
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Detached
4
5
~2500-3000 sqft

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Highlights

Property Estimate

Days on market43 days

Total days on market
183 days

Estimated valueNot available

Price/Sqft$0/sqft

Monthly cost

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Description

Exceptional investment opportunity in a sought-after Newmarket neighborhood! This 5 self-contained income property sits on a premium 66 x 166 ft lot and boasts two driveways for enhanced versatility. Currently tenanted with reliable tenants, the property generates nearly $6,000 in net income, allowing you to cover your mortgage comfortably while you live on-site or maximize rental returns. Numerous upgrades and a prime location, close to schools, the hospital, and public transit, ensure promising future possibilities. Financial details are available upon request.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size10,890 SqFt(165 x 66)
Parking Spaces8
MLS ®NumberN12791180
Community NameNeighborhood of Newmarket
Data SourceTRREB
Listing byRE/MAX REALTRON REALTY INC.

Features

Heating: Forced Air

Features

Lot size: 10,890 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property listed by RE/MAX REALTRON REALTY INC., Brokerage
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Population and Demographics

Overview

Total population 83920
Average household income $141,299

Age (%)

0 to 19
23%
20 to 34
18%
35 to 49
21%
50 to 64
23%
65 and plus
16%

Household composition (%)

Single family
75%
Single person
20%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Iranian Persian
5%
Mandarin
5%
Others
4%
Russian
3%
Yue (Cantonese)
3%
Spanish
1%
Italian
1%

House tenancy (%)

Owners
75%
Renters
25%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget