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Gorham-College Manor, Newmarket
$4,288,888
Rare custom luxury home Design- Build Opportunity by renown Anix Developments on a premium 0.56-acre lot in Newmarket. This unique property features a private setting with a creek running through the lot, offering a serene, estate-like backdrop surrounded by mature trees. The offering includes a design-build for an approximately 4,500 sq. ft. finished main residence (first and second floors), allowing buyers to customize additional layout and finishes. Ideally located close to top-rated private schools, parks, and trails along Fairy Lake Park, and just minutes to downtown Main Street Newmarket. A rare chance to create a custom home in a prime, natural setting with urban convenience.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 3500-5000 sq. ft. |
| Property Tax | $5,581 |
| Lot Size | 70 ft x 350.33 ft |
| mls© Number | N12937306 |
| Listed By | Nucorp Realty International |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $21,952
- Property tax
- $465
- Heat allowance
- $150
- Housing costs
- $22,568 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$694,000
gross annual household income
- Payment at 4%
- $18,048 / mo
- Cash down
- $857,778
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
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