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634 Gorham Street

634 Gorham Street

Newmarket, ON

  • 5 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Detached
  • 59 days on market
$995,000

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!

Listing Details

Taxes (2025)
$4,717
Listed
July 15, 2026

Price History

Listing history

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Property

Style
2-Storey
Construction
Aluminum Siding
Roof
Asphalt Shingle
Foundation
Concrete Block
Interior
Primary Bedroom - Main Floor
Lot Size
66 x 165 Feet

Parking

Garage
Detached
Covered Spaces
2
Total Parking
6

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Prospect St/ Gorham
Parcel Number
036130070
Possession
Flexible
Occupancy
Owner

Included

Inclusions
Fridge, Stove, Dishwasher, Washer, Dryer, ELFs
Exclusions
EV -charger (not included)

Schools

Elementary

  • Prince Charles Public School0.5 km

    Public · York Region DSB · 355 students

    Grade 3 reading: 38% met the provincial standard · Grade 6 math: 25% met the provincial standard

  • Bogart Public School1 km

    Public · York Region DSB · 695 students

    Grade 3 reading: 88% met the provincial standard · Grade 6 math: 77% met the provincial standard

  • Stuart Scott Public School1.1 km

    Public · York Region DSB · 200 students

    Grade 3 reading: 92% met the provincial standard · Grade 6 math: 33% met the provincial standard

Secondary

  • Sacred Heart Catholic High School0.9 km

    Catholic · York CDSB · 1240 students

    Grade 10 literacy: 85% met the provincial standard

  • Newmarket High School1.3 km

    Public · York Region DSB · 1515 students

    Grade 10 literacy: 97% met the provincial standard

  • Huron Heights Secondary School1.4 km

    Public · York Region DSB · 1295 students

    Grade 10 literacy: 85% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L3Y

Population
43,556
Private dwellings
17,365
Median age
45.6
Average household size
2.5
Median household income
$93,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Newmarket · last 12 months

Median sold price
$927,584
Homes sold
856
Median days on market
21
Sale-to-list price
98.0%

Based on 856 recorded sales of residential freehold properties in Newmarket over the last 12 months.

Rooms

3-piece on Main, 3-piece on Ground, 3-piece on Second

Second

  • Bedroom 38'6" x 11'10"
  • Bedroom 411'2" x 11'10"
  • Loft7'10" x 11'6"

Main

  • Kitchen11'2" x 11'2"
  • Living Room20'8" x 12'6"
  • Primary Bedroom19'4" x 13'1"

Ground

  • Bedroom 211'2" x 8'10"

Basement

  • Bedroom 59'2" x 11'6"

Listed by

HOMELIFE FRONTIER REALTY INC.

Walk Score

43

Walk

41

Transit

49

Bike

Scores by Walk Score®

Mortgage Calculator

$199,000

Estimated Monthly Payment

$4,888

Land transfer tax

Estimated land transfer tax$16,375

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,888/mo (20% down, 5.5%)

Taxes: $393/mo · Insurance: $249/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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