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 9 hours ago

648 Gorham St, Newmarket, Ontario L3Y 1L4

Detached
4
5
~2500-3000 sqft
$•••,•••
$1
Get pre-qualifiedPowered by nesto
Detached
4
5
~2500-3000 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market9 hours

Total days on market
140 days

Estimated valueNot available

Price/Sqft$0/sqft

Monthly cost

Open Calculator

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
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Neighborhood of Newmarket

Geo Zone Map ThumbnailNeighborhood of Newmarket

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2025

21 days

2024

24 days

2023

17 days

New Listings

Past 30 days

79 listings

Compared to

2025

91 listings

2024

72 listings

2023

72 listings

Units sold

Past 30 days

26 units

Compared to

2025

22 units

2024

40 units

2023

31 units

Median Sold Price

Past 30 days

$1,033,500

Compared to

2025

$1,237,500

2024

$1,295,000

2023

$1,255,000


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