114 Gordon Circle, Newmarket

Price: $870,000

3 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: N13696992

This 6-year-new freehold townhouse is a sun-filled haven designed for modern family living in the highly desirable Bayview and Mulock community. Beautifully freshly painted with large windows throughout, the entire home is flooded with natural light. On the main level, an open-concept layout effortlessly keeps the family connected while providing a welcoming setting for weekend gatherings. The eat in kitchen stands out as a true hub for a busy household, offering direct sightlines into the living space. Upstairs, The three bedrooms are spacious and offers every family member their own comfortable, private retreat. The primary suite serves as a peaceful haven complete with large walk-in closet and a full private ensuite bathroom. The lower level provides exceptional versatility to suit your family's needs, whether you want a quiet home office, a dedicated children's play area, a home gym, or a gaming setup. This space offers a seamless walkout to a private, fully fenced, maintenance-free backyard oasis. Anchored by durable composite decking, a perennial garden, and a retractable awning for instant shade and privacy, this outdoor space is a safe haven for children and pets to play while parents relax. Front-to-back storage is a key feature of this property, including a spacious laundry room with extra storage space and coveted crawl space. The attached garage with direct interior access makes bringing in groceries or loading up the kids completely hassle-free. Surrounded by top-rated schools, neighborhood parks, and the Magna Centre, and just minutes from the GO station and Upper Canada Mall, this move-in-ready home offers the ideal combination of comfort, low-maintenance convenience, and long-term community value.

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New Listing
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$870,000 - 114 Gordon Circle, Newmarket

Townhouse for Sale in Newmarket

New — Listed 4 days ago

Neighbourhood: Gorham-College Manor

3Beds
4Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
N13696992
Property Type
Townhouse
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Newmarket
Listing Brokerage
Signature Elite Realty Ltd.
Description

This 6-year-new freehold townhouse is a sun-filled haven designed for modern family living in the highly desirable Bayview and Mulock community. Beautifully freshly painted with large windows throughout, the entire home is flooded with natural light. On the main level, an open-concept layout effortlessly keeps the family connected while providing a welcoming setting for weekend gatherings. The eat in kitchen stands out as a true hub for a busy household, offering direct sightlines into the living space. Upstairs, The three bedrooms are spacious and offers every family member their own comfortable, private retreat. The primary suite serves as a peaceful haven complete with large walk-in closet and a full private ensuite bathroom. The lower level provides exceptional versatility to suit your family's needs, whether you want a quiet home office, a dedicated children's play area, a home gym, or a gaming setup. This space offers a seamless walkout to a private, fully fenced, maintenance-free backyard oasis. Anchored by durable composite decking, a perennial garden, and a retractable awning for instant shade and privacy, this outdoor space is a safe haven for children and pets to play while parents relax. Front-to-back storage is a key feature of this property, including a spacious laundry room with extra storage space and coveted crawl space. The attached garage with direct interior access makes bringing in groceries or loading up the kids completely hassle-free. Surrounded by top-rated schools, neighborhood parks, and the Magna Centre, and just minutes from the GO station and Upper Canada Mall, this move-in-ready home offers the ideal combination of comfort, low-maintenance convenience, and long-term community value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,463.55/mo

Includes CMHC insurance ($24,273)

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5-yr fixed avg.

Principal: $783,000Interest: $531,792
Mortgage Amount$807,273
Total Interest$531,792
Est. Property Tax$616/mo
Total Cost$1,339,065

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Gorham-College Manor

Discover Gorham-College Manor

Gorham-College Manor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Gorham-College Manor

  • Convenient location in Newmarket
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Gorham-College Manor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

114 Gordon Circle, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,030/mo
Range: $2,576 - $3,484
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,030
Maintenance Fees-$0
Property Tax (est.)-$616
Insurance (est.)-$181
Net Cash Flow+$2,233

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $435/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Newmarket's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Newmarket have shown strong appreciation as families seek more space.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

About Gorham-College Manor

I know Gorham-College Manor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    114 Gordon Circle, Newmarket | $870,000 | Battaglia Team