592 Gorham Street
Newmarket, ON
- 3 bed
- 2 bath
- approx. 1100-1500 sqft
- Duplex
Unique Investment Opportunity In Downtown Newmarket. Currently Configured As An Up-Down Duplex. This Property Property Is Zoned R3-K with permitted uses bing Duplex, Triplex & Fourplex, and has Lot Dimensions of Approximately 59Ft X 147Ft (Per Mpac - No Survey Available). Built in 1920, this duplex has Separately Metered Main Floor & Upper Level electricity. Being Sold In As-Is Condition. Walk to Newmarket's historic downtown, enjoy the shops, restaurants and all the local events. Make this into a home with income potential, purchase with a family member to help each other out, or simply buy as an investment for monthly cash flow. Roof reshingled in 2023.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $4,549
- Listed
- September 17, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Wood
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Separate Hydro Meter, Water Heater Owned
- Lot Size
- 59.41 x 147.1 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Gorham/Prospect
- Zoning
- R3-K
- Parcel Number
- 036130033
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Home sold as-is.
- Exclusions
- None
- Rental Items
- None
Schools
Elementary
- Prince Charles Public School0.6 km
Public · York Region DSB · 355 students
Grade 3 reading: 38% met the provincial standard · Grade 6 math: 25% met the provincial standard
- Stuart Scott Public School0.9 km
Public · York Region DSB · 200 students
Grade 3 reading: 92% met the provincial standard · Grade 6 math: 33% met the provincial standard
- Bogart Public School1.1 km
Public · York Region DSB · 695 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 77% met the provincial standard
Secondary
- Sacred Heart Catholic High School1.1 km
Catholic · York CDSB · 1240 students
Grade 10 literacy: 85% met the provincial standard
- Newmarket High School1.5 km
Public · York Region DSB · 1515 students
Grade 10 literacy: 97% met the provincial standard
- Huron Heights Secondary School1.5 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
- $925,000
- Homes sold
- 837
- Median days on market
- 21
- Sale-to-list price
- 98.0%
Based on 837 recorded sales of residential freehold properties in Newmarket over the last 12 months.
Rooms
4-piece on Main, 4-piece on Second
Second
- Bedroom12'10" x 12'7"
- Bedroom7'11" x 7'11"
- Kitchen12'10" x 7'5"
- Living Room14'3" x 12'1"
Main
- Bedroom10'8" x 7'11"
- Den10'10" x 6'11"
- Dining Room12'7" x 15'3"
- Family Room15'2" x 13'5"
- Kitchen13' x 15'1"
- Living Room14'2" x 10'2"
Listed by
COLDWELL BANKER THE REAL ESTATE CENTRE
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$130,000
Estimated Monthly Payment
$3,193
Land transfer tax
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: $3,193/mo (20% down, 5.5%)
Taxes: $379/mo · Insurance: $163/mo
Estimates only. Consult a financial advisor.
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