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 45 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 market45 days

Total days on market
185 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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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

27 days

Compared to

2025

17 days

2024

19 days

2023

18 days

New Listings

Past 30 days

113 listings

Compared to

2025

120 listings

2024

104 listings

2023

92 listings

Units sold

Past 30 days

40 units

Compared to

2025

29 units

2024

71 units

2023

80 units

Median Sold Price

Past 30 days

$1,100,000

Compared to

2025

$1,205,000

2024

$1,285,000

2023

$1,300,000


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