648 Gorham Street, Newmarket, ON L3Y 1L4
Newmarket, ON, L3Y 1L4 · Gorham-College Manor
About this property
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.
Features & Amenities
- Basement: Full
- Garage: Other
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Stucco (Plaster)
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Lot Size | 10,900 Feet |
| Basement | Full |
| Garage | Other |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | None |
| Sewer | Sewer |
| Annual Tax | $4,289 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Accessory Apartment
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Stucco (Plaster)
- Foundation Details
- Block
- Roof
- Shingles
- Basement
- Full
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- None
Parking & Garage
- Garage Type
- Other
- Parking Spaces
- 6
- Parking Total
- 6.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 10900.00
- Lot Size Units
- Feet
- Lot Depth
- 165.00
- Lot Width
- 66.00
- Lot Irregularities
- Huge Lot with 2 separate driveways
Community & Neighborhood
- Property Features
- Hospital, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $4,289
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 12
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 5
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- York
- Cross Street
- Leslie and Gorham
- Directions
- North-East
- Special Designation
- Unknown
- Showing Requirements
- See Brokerage Remarks, List Salesperson
Location
648 Gorham Street, Newmarket, ON L3Y 1L4, Newmarket, ON, L3Y 1L4