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Gorham-College Manor, Newmarket
$1,579,000
New Attractive Price. Why buy a cottage when you can have one at home? Serenity, Tranquility, and Peace come to mind when you explorethis Stunning Property. Welcome to Sought after Stewart Street, just steps to downtown Newmarket. Wake up in Multiple Bedrooms thatface this expansive and luxurious backyard with a Firepit & the Soft Sounds of a river running past the furthest end of the property. ThisQuiet, Desirable home not only has the advantages of a dead end street & cul-de-sac with next to no traffic but the feeling of escape with anamazing atmosphere associated with this magnificent backyard Oasis. A large Walk-out to Sun-deck & Salt Water Pool. In 2021, an Amazing2 Bedroom addition was completed to this already Decadent home, featuring a front pool facing room for Entertaining, an Upper LaundryRoom and a lovely new Garage. Two A/Cs and two Furnaces were also done for added comfort. New flooring throughout, Pots, ClosetOrganizers, floor to ceiling window and so much more. A gorgeous Finished basement with Gas Fireplace, a single bedroom andentertainment area. This potential in-law suite also has a 2 piece Bath and a Separate Walk-up entrance to the Backyard. All Beautifullylandscaped. New windows in 2019, New Roof in 2021. Just move in, Exhale, and Enjoy!
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $7,717 |
| Lot Size | 60.04 ft x 198.16 ft |
| mls© Number | N13678358 |
| Listed By | RE/MAX HALLMARK REALTY LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,082
- Property tax
- $643
- Heat allowance
- $150
- Housing costs
- $8,875 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$273,000
gross annual household income
- Payment at 4%
- $6,645 / mo
- Cash down
- $315,800
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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