For Sale

648 Gorham Street, Newmarket, Ontario L3Y 1L4

$1

648 Gorham Street, Newmarket, Ontario L3Y 1L4 is For Sale and has a listing price of 1. The property is located in the Newmarket neighbourhood . It's been on the website for 19 Days.

  • Detached
    Property Type
  • 4
    Bedrooms
  • 5
    Bathrooms
  • Parking
  • MLS ID: N12550262
  • Office Name RE/MAX REALTRON REALTY INC.
Property Description

5 Self-contained residence boasting significant Income property, situated on an expansive 66 166 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. Currently tenanted, with financial details available upon request. The property generates nearly $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.

Property Details
  • Bedrooms: 4
  • MLS ID: N12550262
  • Bathrooms: 5
  • Price: $1
  • Lot Depth: 165
  • Transaction Types: For Sale
  • Ref ID: N12550262
  • Year Built: N/A
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Leslie and Gorham
  • Status: Active
  • Tax Year: 2025
  • Property Type: Detached
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
11/17/2025 N12550262 $1 For Sale - -
09/30/2025 N12433672 $1 For Sale 11/06/2025 -
09/23/2025 N12421296 $1,600 Cancelled 10/25/2025 -
09/06/2025 N12386700 $1,200 Rented 09/24/2025 $1,200
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $1,194,914 Average List Price
    based on 1 year
  • 340 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 126.98 % Up
  • Sold (12mo) 773
  • Rented (12mo) 731

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 43 Walk Score
    Car-Dependent
  • 41 Transit Score
    Some Transit
  • 49 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    81.36%
  • Commercial
    5.84%
  • Condo
    12.77%
  • Land for Sale
    0.03%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Other
  • Parking Spaces: 4
  • Exterior Y
  • Kitchen 5
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 2
  • Taxes: $4,289
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 17/11/2025 14:05:21
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