1035 Gorham St

FOR SALE
$999,000
1035 Gorham St, Newmarket
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3 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
6
ROOMS
N9266303
MLSID
Contact Us
Property Description
Well Maintained Bungalow Situated On A Huge Lot (75 X 211 Feet) Excellent Opportunity, Either Move-In/Rental Investment Or Re-Develop. Separate Entrance Basement, Good Layout, Excellent Location In A Prime Neighbourhood! Large Private Driveway. Close To All Amenities, Walking Distance To Schools, Restaurant, Etc. Minutes To Hwy 404.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-06-05 2024-08-18 74 $1,100,000 - Terminated
2021-10-14 2021-10-23 9 $1,075,000 $1,065,000 Sold
2021-09-15 2021-10-14 29 $1,249,000 - Terminated
Nearby Intersections
Property Features
Golf, Park, Public Transit, Rec Centre, School
Property Details
Street
Property Type
Detached, Bungalow
Lot Size
75' x 212'
Fronting
North
Taxes
$4,534 (2023)
Basement
Part Fin, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
6
Driveway
None
Garage Type
None
Room Summary
RoomLevelSizeFeatures
KitchenMain20.01' x 8.53'O/Looks Backyard, W/O To Yard
FamilyMain10.50' x 21.10'Large Window, O/Looks Backyard
LivingMain16.08' x 13.45'Combined W/Dining, Large Window
DiningMain16.08' x 13.45'Combined W/Living, Large Window
Prim BdrmMain13.45' x 13.78'Closet, O/Looks Backyard
BrMain12.80' x 13.45'Closet
BrMain9.84' x 13.12'
Newmarket Market Statistics
Newmarket Price Trend
1035 Gorham St is a 3-bedroom 1-bathroom home listed for sale at $999,000, which is $18,852 (1.9%) lower than the average sold price of $1,017,852 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $8,148 (0.8%) compared to the previous 30 day period (July 17 - August 15) and down $71,189 (6.5%) from the same time one year ago.
Inventory Change
There were 49 3-bedroom homes listed in Newmarket over the last 30 days (August 16 - September 14), which is down 7.5% compared with the previous 30 day period (July 17 - August 15) and up 2.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($6,061) (0.6%) below asking price over the last 30 days (August 16 - September 14), which represents a $25,467 increase compared to the previous 30 day period (July 17 - August 15) and $12,294 less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Newmarket over the last 30 days (August 16 - September 14) stood at 69.4%, up from 52.8% over the previous 30 days (July 17 - August 15) and down from 100.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Newmarket stood at 20 days when successfully sold over the last 30 days (August 16 - September 14), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Future Realty Inc.
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