986 SRIGLEY STREET, Newmarket (Gorham-College Manor)

$1,750,000

For sale: Detached

Detached at 986 SRIGLEY STREET, Newmarket (Gorham-College Manor)
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® N13772334
Neighbourhood
Gorham-College Manor

Rare Legal Triplex on an Exceptional 80 x 187 Ft Lot! House hacking at its best. Live in the spacious 3-bedroom main-floor residence while renting out the two self-contained legal1-bedroom walkout units to help offset your mortgage, or take advantage of all three residences as an income-producing property. A rare opportunity to combine homeownership with built-in rental income!Fully renovated, professionally designed and completed as a fully permitted legal triplex, with three completely independent residences, private entrances and no shared interior living spaces.The bright and spacious main-floor residence features 3 bedrooms, open-concept living and dining areas, a gas fireplace, a thoughtfully designed kitchen with sleek cabinetry and stainless-steel appliances, plus a private rear deck overlooking the landscaped backyard.The two legal lower-level residences each feature 1 bedroom, a private walkout entrance,European-style cabinetry, stainless-steel appliances and ensuite laundry, making them ideal for long-term rental income.Thoughtfully converted with enhanced acoustic separation between residences and meticulous attention to quality throughout. Additional features include professionally installed Wifi Infrastructure with dedicated access points and on-site EV charging.Sitting on an exceptionally rare 80 x 187 ft lot, the property also offers tremendous outdoor space and intriguing future potential, including the possibility of exploring a garden suite,subject to municipal approvals and applicable zoning.Ideally located near Historic Main Street, Fairy Lake, Riverwalk Commons, Newmarket GO,Southlake Health, parks, schools, shopping and Highway 404.Live in one. Rent the others. Let your property help pay the mortgage.

Sold data

Detached homes in Newmarket (Gorham-College Manor) — recent sold market

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.

Median days to sell
21
Median sale price
$1,099,000
Sale-to-list ratio
96.7%
Sold above asking
21%

Based on 156 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Newmarket (Gorham-College Manor)

Newmarket (Gorham-College Manor) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.

Rated schools
24
Elementary
19
Secondary
5
Average rating
6.3 / 10

Top-rated schools in Newmarket (Gorham-College Manor)

  • Bogart — elementary, NewmarketFraser rating 8.6/10
  • Newmarket — secondary, NewmarketFraser rating 8.5/10
  • Stuart Scott — elementary, NewmarketFraser rating 7.9/10
  • Rogers — elementary, NewmarketFraser rating 7.8/10
  • Sacred Heart — secondary, NewmarketFraser rating 7.2/10
  • Alexander Muir — elementary, NewmarketFraser rating 7.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 986 SRIGLEY STREET