$995,000
For sale: Detached

Rare opportunity in the heart of Newmarket! Situated on an exceptional 66' x 165' lot with two separate driveways, this unique property offers outstanding flexibility and long-termpotential. An existing concept has been prepared for the construction of two separate detached homes on the property. Buyer to independently verify all development possibilities, zoning requirements, permits, and approvals. The home features a spacious open-concept living and dining area, a custom kitchen with quartz countertops and stainless steel appliances, and an oversized primary bedroom with an ensuite bathroom, two walk-in closets, and in-suite laundry. A large detached garage with electrical service offers excellent potential for a workshop, studio, home office, guest space, or additional future use, subject to approvals. Two separate entrances provide added flexibility for extended family living, potential rental income, or home-based business use. Located just steps from Main Street restaurants and cafés, Fairy Lake Park, the GO Station, and Southlake Hospital. An exceptional opportunity for investors, builders, end users, growing families, or buyers looking for a rare oversized lot with significant long-term potential. Don't Miss This Opportunity!
Sold data
Detached homes in Newmarket (Gorham-College Manor) took a median of 20 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 36, across 156 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.
The median sale price was $1,099,000.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 156 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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