
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $1,750,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Rare Legal Triplex on an Exceptional 80 x 187 Ft Lot! House hacking at its best. Live in the spacious 3-bedroom main-floor residence while renting out the two self-contained legal1-bedroom walkout units to help offset your mortgage, or take advantage of all three residences as an income-producing property. A rare opportunity to combine homeownership with built-in rental income!Fully renovated, professionally designed and completed as a fully permitted legal triplex, with three completely independent residences, private entrances and no shared interior living spaces.The bright and spacious main-floor residence features 3 bedrooms, open-concept living and dining areas, a gas fireplace, a thoughtfully designed kitchen with sleek cabinetry and stainless-steel appliances, plus a private rear deck overlooking the landscaped backyard.The two legal lower-level residences each feature 1 bedroom, a private walkout entrance,European-style cabinetry, stainless-steel appliances and ensuite laundry, making them ideal for long-term rental income.Thoughtfully converted with enhanced acoustic separation between residences and meticulous attention to quality throughout. Additional features include professionally installed Wifi Infrastructure with dedicated access points and on-site EV charging.Sitting on an exceptionally rare 80 x 187 ft lot, the property also offers tremendous outdoor space and intriguing future potential, including the possibility of exploring a garden suite,subject to municipal approvals and applicable zoning.Ideally located near Historic Main Street, Fairy Lake, Riverwalk Commons, Newmarket GO,Southlake Health, parks, schools, shopping and Highway 404.Live in one. Rent the others. Let your property help pay the mortgage.
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This detached home located at 986 Srigley Street, Newmarket is currently for sale and has been available on SousaSells for 14 days. This property is listed at $1,750,000 with an estimated mortgage of $5,825* per month. It has 5 beds, 3 bathrooms, and is 2000-2500 square feet. 986 Srigley Street, Newmarket is in the Gorham-College Manor neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Gorham-College Manor, Newmarket.
Growing families needing multi-bedroom flexibility and space in Gorham-College Manor, Newmarket.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Newmarket or researching Newmarket real estate for sale, this 5-bedroom detached at 986 Srigley Street, Newmarket, ON offers an exceptional opportunity to buy a home in Newmarket, Ontario. Whether you are a first-time Newmarket home buyer or comparing active Newmarket MLS® homes for sale, working with a dedicated Newmarket buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Newmarket real estate listings, compare active Newmarket houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Newmarket realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $5,825*/month*. Estimated Ontario Land Transfer Tax: $31,475. First-time Newmarket home buyers may qualify for up to $8,475 in rebates.
The current listing price for 986 Srigley Street, Newmarket, ON in Gorham-College Manor, Newmarket is $1,750,000.
This property features 5 bedrooms and 3 bathrooms across approximately 2000-2500 sqft.
986 Srigley Street, Newmarket, ON is a Detached (Bungalow) featuring a None basement.
Interior highlights include: None.
Yes, this property offers parking space for 4.0 vehicles (Other).
Heating is provided via Gas and cooling via Central Air.
Gorham-College Manor, Newmarket
11 assaults (45.0/100k)
9 B&E (40.0/100k)
13 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 986 Srigley Street, Newmarket, ON L3Y 1Y3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $1,750,000 in Newmarket, the legal minimum down payment is $350,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $31,475 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $31,475.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Gorham-College Manor, Newmarket.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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