736 Grace Street
Gorham-College Manor, Newmarket
$888,000
Tastefully renovated detached 3+2 bedroom brick bungalow nestled on a huge, premium 66' x 140' pool-sized lot in a highly desirable Newmarket neighbourhood. Features include a large modern kitchen, bright dining area, and brand-new wide-plank hardwood flooring throughout. The basement offers a separate entrance, open kitchen, two bedrooms and one bathroom w/ separate laundry - ideal for potential rental income or extended family living. Approximately 2,110 sq. ft. of living space. Added attic insulation for improved energy efficiency. Enjoy walking distance to Southlake Hospital, GO Transit, VIVA bus service, and elementary and secondary schools, including public, Catholic, and French options. Close to parks, conservation areas, walking trails, and all amenities, with quick access to Davis Drive and Highway 404.
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This seller is holding back offers
Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.
| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,287 |
| Lot Size | 66 ft x 140 ft |
| mls© Number | N13669688 |
| Listed By | HOMELIFE NEW WORLD REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $4,545
- Property tax
- $441
- Heat allowance
- $150
- Housing costs
- $5,136 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$158,000
gross annual household income
- Payment at 4%
- $3,737 / mo
- Cash down
- $177,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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