320 Stewart Street, Newmarket

Price: $799,900

4 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: N13842762

Generous Lot Dimensions: 66-foot frontage by 198-foot depth, offering significant space for substantial expansion or custom development. Conveniently positioned near healthcare facilities, major shopping centres, public transit, and GO Transit infrastructure. Direct proximity to Highway 404 for efficient travel across the region. Outstanding blueprint for builders, investors, or end-users seeking to design a custom luxury home. The current tenancy agreement terminates by October 31, 2026. Property Condition: The property is being sold in "As Is, Where Is"Extras:

320 Stewart Street - Detached photo 1 of 8 in Newmarket, Ontario
320 Stewart Street - Detached photo 2 of 8 in Newmarket, Ontario
320 Stewart Street - Detached photo 3 of 8 in Newmarket, Ontario
320 Stewart Street - Detached photo 4 of 8 in Newmarket, Ontario
320 Stewart Street - Detached photo 5 of 8 in Newmarket, Ontario
320 Stewart Street - Detached photo 6 of 8 in Newmarket, Ontario
320 Stewart Street - Detached photo 7 of 8 in Newmarket, Ontario
320 Stewart Street - Detached photo 8 of 8 in Newmarket, Ontario
active
New Listing
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$799,900 - 320 Stewart Street, Newmarket

Detached for Sale in Newmarket

New — Listed 7 days ago

Neighbourhood: Gorham-College Manor

4Beds
3Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
N13842762
Property Type
Detached
Status
active
Days on Site
7
Bedrooms
4
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Taxes (2026)
$4,725
Listing Brokerage
BAY STREET GROUP INC.
Description

Generous Lot Dimensions: 66-foot frontage by 198-foot depth, offering significant space for substantial expansion or custom development. Conveniently positioned near healthcare facilities, major shopping centres, public transit, and GO Transit infrastructure. Direct proximity to Highway 404 for efficient travel across the region. Outstanding blueprint for builders, investors, or end-users seeking to design a custom luxury home. The current tenancy agreement terminates by October 31, 2026. Property Condition: The property is being sold in "As Is, Where Is"Extras:

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

320 Stewart Street, 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)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$2,466

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 $727/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.

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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    320 Stewart Street, Newmarket | $799,900 | Battaglia Team