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
6 days on Market

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 market6 days

Estimated valueNot available

Price/Sqft$0/sqft

Monthly cost

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CMA Subject Property

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+51

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

A Self-contained residence boasting significant potential, set on an expansive 66 by 166 ft lot. Ideal for both prospective homeowners and invertors. This property features two driveways, offering versatility and rental income prospects. Positioned in a sough-after locale with close proximity to schools, a hospital and public transit. It is currently tenanted and financial details are available upon request. Discover the promising future possibilities of this property in a prime location. Many upgrades has been done. You can live, and the rent pay your mortgage.


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size10,890 SqFt(165 x 66)
Parking Spaces8
MLS ®NumberN12433672
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


Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

32 days

2023

18 days

2022

18 days

New Listings

Past 30 days

146 listings

Compared to

2024

131 listings

2023

120 listings

2022

89 listings

Units sold

Past 30 days

49 units

Compared to

2024

51 units

2023

39 units

2022

44 units

Median Sold Price

Past 30 days

$1,060,000

Compared to

2024

$1,240,000

2023

$1,150,000

2022

$1,290,000


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