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Listed 2 months ago

582 Gorham Street

Gorham-College Manor, Newmarket

$1,649,000

Detached|2-Storey
4 | 5 | 5
About this home

What a gem! Exceptional luxury value in this custom-built 2025 home, offering approximately 4,800 sqft of beautifully finished living space including the walk-out basement. Owner-built with exceptional attention to detail, featuring 4+1 bedrooms, 5 washrooms, 2-car garage, metal roof, 10ft ceilings, dramatic 20ft foyer, XL windows and a breathtaking glass floating staircase. A dream designer kitchen features an 8ft centre island with built-in wine fridge, Miele built-in appliances, JennAir induction stove, Dacor French-door fridge, quartz counters and solid-quartz backsplash. Primary bedroom offers a 5-piece ensuite, walk-in closet and built-in closet; junior primary has its own ensuite and the additional bedrooms share a semi-ensuite. The finished walk-out basement feels like a main level, with large windows, separate entrance, second kitchen, 3-piece bath, sauna, hydronic heated floors, built-in speakers and separate basement laundry being completed. Excellent setup for extended family, in-law living or potential supplementary income use. Corner property fronting onto quieter Court St with wide driveway, fenced side yard, interlocking and BBQ-ready gas connection. Walk to historic Downtown Newmarket, restaurants, shops, Southlake Hospital, Pickering College, Fairy Lake, Riverwalk Commons and Tom Taylor Trail. Refined custom living with exceptional space, flexibility and everyday convenience. (Deck photo is a conceptual rendering of a potential deck and is not real.)

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style2-Storey
Approx. AgeNot available
Size3000-3500 sq. ft.
Property Tax$9,861
Lot Size59.4 ft x 92.18 ft
mls© NumberN13686096
Listed BySUTTON GROUP-ADMIRAL REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,440
Property tax
$822
Heat allowance
$150
Housing costs
$9,412 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $329,800
25-yr amortization

Income needed

$290,000

gross annual household income

Payment at 4%
$6,939 / mo
Cash down
$329,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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