193 Alexander Road, Newmarket

Price: $939,900

4 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: N13717240

Five Reasons You Should Buy This House Call Home: 1: Prime Location Back To Park In a Quiet Street ; 2: Spacious Well Kept 3+1 Bed Room And Open Space In Basement With Huge Cold Cellar Room, Direct Access From Double Car Garage ; 3: New Painting; 4: Close To All Amenities, Minutes To 404, South Lake Regional Health Centre. Shops, Restaurants, York Region Public Transport. Too Much To Mention. 5:Perfect for first-time home buyers, down sizers, retirees, or investors .

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$939,900 - 193 Alexander Road, Newmarket

Detached for Sale in Newmarket

41 days on market

Neighbourhood: Gorham-College Manor

4Beds
3Baths
1,500 - 1,999Sq Ft
Detached

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Property Details
MLS Number
N13717240
Property Type
Detached
Status
active
Days on Site
41
Bedrooms
4
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Newmarket
Taxes (2026)
$5,312
Listing Brokerage
CENTURY 21 KING`S QUAY REAL ESTATE INC.
Description

Five Reasons You Should Buy This House Call Home: 1: Prime Location Back To Park In a Quiet Street ; 2: Spacious Well Kept 3+1 Bed Room And Open Space In Basement With Huge Cold Cellar Room, Direct Access From Double Car Garage ; 3: New Painting; 4: Close To All Amenities, Minutes To 404, South Lake Regional Health Centre. Shops, Restaurants, York Region Public Transport. Too Much To Mention. 5:Perfect for first-time home buyers, down sizers, retirees, or investors .

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,822.17/mo

Includes CMHC insurance ($26,223)

$
$
5%10%50%

5-yr fixed avg.

Principal: $845,910Interest: $574,519
Mortgage Amount$872,133
Total Interest$574,519
Est. Property Tax$666/mo
Total Cost$1,446,652

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

193 Alexander Road, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$666
Insurance (est.)-$196
Net Cash Flow+$2,338

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 $627/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.

Market Position

At 41 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Newmarket are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Newmarket. Good resale value as demand remains consistent.

Bathroom Count Matters

With 3 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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    193 Alexander Road, Newmarket | $939,900 | Battaglia Team