$1,449,000
Newmarket
582 Gorham Street, Newmarket (Gorham-College Manor), Ontario, L3Y1L3
This 5-bedroom, 5-bathroom home in Newmarket is for sale offering roughly 3,250 sq ft of space. It has been on the market 8 days, fresher than the Newmarket average of 46 days.
What a gem! Exceptional luxury value in this custom-built 2025 home, offering approximately 4,800 sq ft of beautifully finished living space including the walk-out basement in-law suite with separate laundry and a newly completed second kitchen. Owner-built with exceptional attention to detail, featuring 4+1 bedrooms, 5 washrooms, 2-car garage, metal roof, 10ft ceilings, dramatic 20ft foyer, XL windows and a breathtaking glass floating staircase. A dream designer kitchen features an 8ft centre island with built-in wine fridge, Miele built-in appliances, JennAir induction stove, Dacor French-door fridge, quartz counters and solid-quartz backsplash. Primary bedroom offers a 5-piece ensuite, walk-in closet and built-in closet; junior primary has its own ensuite and the additional bedrooms share a semi-ensuite. The finished walk-out basement feels like a main level, with large windows, separate entrance, second kitchen, 3-piece bath, sauna, hydronic heated floors, built-in speakers and separate basement laundry being completed. Excellent setup for extended family, in-law living or potential supplementary income use. Corner property fronting onto quieter Court St with wide driveway, fenced side yard, interlocking and BBQ-ready gas connection. Walk to historic Downtown Newmarket, restaurants, shops, Southlake Hospital, Pickering College, Fairy Lake, Riverwalk Commons and Tom Taylor Trail. Refined custom living with exceptional space, flexibility and everyday convenience.(Deck photo is a conceptual rendering of a potential deck and is not real.) (id:66096)
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 46 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.
This 5-bed single family in Newmarket (Gorham-College Manor) has been listed for 8 days, which is 38 days fresher than the city average of 46. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,449,000, about 15.6× the local median household income of $93,000.
Carrying it typically needs a household income of about $283,040 (20% down, 25-yr amortization, stress-tested) — roughly 204% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3Y)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.