648 Gorham Street, Newmarket, ON L3Y 1L4
Self-contained residence boasting significant Income property, situated on an expansive 66 x166 ft lot. Ideal for both prospective homeowners and investors, this property offers two driveways, enhancing versatility and rental income opportunities. Located in a sought-after neighborhood with close proximity to schools, hospital, and public transit. The property generates nearly over $6,000 in net income, allowing you to live comfortably while rental income helps cover your mortgage. Featuring five reliable tenants and numerous upgrades, this home presents promising future possibilities in a prime location.
Interior features
Accessory Apartment
Basement
Full
Bathrooms
1 × 4-piece — Main, 1 × 4-piece — Main, 1 × 4-piece — Main, 2 × 4-piece — Second
Fireplace
No
Family room
Yes
Kitchens
5
Rooms (above / below grade)
12 above, 0 below
Architectural style
2-Storey
Construction materials
Stucco (Plaster)
Foundation
Block
Roof
Shingles
Direction faces
South
Garage type
Other
Garage spaces
0
Total parking spaces
6
Driveway parking
6
Parking features
Private
Lot size
66 x 165 ft
Lot size area
10900 SquareFeet
Cross street
Leslie and Gorham
Directions
North-East
Neighbourhood
Gorham-College Manor
Heating
Forced Air — Gas
Water
Sewer
Sewer
List price
$788,000
Original list price
Annual taxes
$4,289
Tax year
2025
Legal description
Lt 5 Pl 53 Confirmed by 65Ba237; town of Newmarket
Inclusions
Exclusions
MLS #
N13752864
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Detached
Days on market
List date
Possession
TBA
Occupancy
Tenant
Listing brokerage
RE/MAX REALTRON REALTY INC.
$1,049,900
Median list price
23
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$3,778
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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