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986 Srigley Street
homes for sale · Newmarket · Gorham-College Manor
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$1,750,000

986 Srigley Street

Gorham-College Manor, Newmarket · MLS® N13772334

534

House · Single Family · 43 days on market

listed by NIMA KHADEM, ROYAL LEPAGE SIGNATURE REALTY

realtor's description

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.

property details

type
House, Single Family
bedrooms
5
bathrooms
3
parking
4
property tax
$5,634 / yr
days on market
43
MLS®
N13772334

features

listed by
NIMA KHADEM
ROYAL LEPAGE SIGNATURE REALTY
call NIMA · 416-443-0300
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monthly cost

$8,094/mo
Mortgage $7,625 · Tax $469

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$7,625/ monthly
loan $1,400,000
25-year amortization
total interest
$887,375
cash to close
$350,000
down payment; transfer tax and fees not included
total paid
$2,287,375

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

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location

Gorham-College Manor, NewmarketGoogle Maps ↗

location

Gorham-College Manor, NewmarketGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

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