$299,900
For sale: Vacant Land

Build the custom home you've always imagined -- in the heart of downtown Newmarket. This rare, approved building lot puts you steps from historic Main Street's shops, cafes, and restaurants, and moments from Southlake Regional Health Centre, top schools, parks, and transit. Severance and Minor Variance already approved by the Town, with Certificate of Official issued -- the heavy lifting is done. R1-D zoning supports a substantial detached residence with generous above-grade and finished basement space and municipal water service is already run to the rear of the lot. A rare chance to design and build exactly the home you want in one of Newmarket's most walkable, amenity-rich neighbourhoods. Buyers to confirm development charges and complete their due diligence.
Sold data
Homes in Newmarket (Gorham-College Manor) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 240 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 40 days.
The median sale price was $949,450.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 18% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 240 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Newmarket (Gorham-College Manor) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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