782 Gorham St
Gorham-College Manor, Newmarket, L3Y 1L6
FOR SALE
$1,089,000
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3 + 1
BEDROOMS2
BATHROOMS1 + 1
KITCHENS5 + 3
ROOMSN9392321
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Property Description
Opportunity Knocks!! Rarely Offered In The "High" Demand Newmarket City Center. Updated fully detached family home, Finished Basement. Freshly painted, New floor(main & basement)(2024), New window & Blinds (2024), Roof (2020), In Quiet Neighborhood On Mature Treed Lot Close To Schools, Old Newmarket Downtown Shops/Restaurants, Fairy Lake Park And Steps To Bus and close To Southlake Regional Hospital, Hwy 404- 2 min drive. Also this Home has Perfect Potential For an Investor, Or Professionals Seeking A Home Office.
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Lot Size
50' x 100'
Fronting
South
Taxes
$4,269 (2024)
Basement
Finished, Sep Entrance
Exterior
Alum Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.55' x 11.09' | Eat-In Kitchen, Vinyl Floor, Window |
| Living | Main | 12.04' x 12.37' | Vinyl Floor, Large Window |
| Prim Bdrm | Main | 10.07' x 11.68' | Double Closet, Window, Vinyl Floor |
| Br | Main | 10.07' x 11.68' | Closet, Window, Vinyl Floor |
| Br | Main | 10.04' x 11.68' | Closet, Window, Vinyl Floor |
| Kitchen | Bsmt | 10.17' x 13.45' | Window, Vinyl Floor |
| Br | Bsmt | 10.07' x 11.68' | Closet, Window, Broadloom |
| Family | Bsmt | 12.73' x 13.55' | Broadloom, Window, Vinyl Floor |
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Newmarket Market Statistics
Newmarket Price Trend
782 Gorham St is a 3-bedroom 2-bathroom home listed for sale at $1,089,000, which is $82,659 (8.2%) higher than the average sold price of $1,006,341 in the last 30 days (September 17 - October 16). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $34,716 (3.3%) compared to the previous 30 day period (August 18 - September 16) and down $8,480 (0.8%) from the same time one year ago.Inventory Change
There were 58 3-bedroom homes listed in Newmarket over the last 30 days (September 17 - October 16), which is up 31.8% compared with the previous 30 day period (August 18 - September 16) and up 7.4% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($14,654) (1.5%) below asking price over the last 30 days (September 17 - October 16), which represents a $7,832 decrease compared to the previous 30 day period (August 18 - September 16) and ($13,470) 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 (September 17 - October 16) stood at 53.4%, down from 79.5% over the previous 30 days (August 18 - September 16) and up from 44.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Newmarket stood at 22 days when successfully sold over the last 30 days (September 17 - October 16), compared to 59 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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