370 Doak Lane, Newmarket

Price: $849,900

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Townhouse

MLS#: N13699684

Welcome to 370 Doak Lane, a beautifully upgraded freehold townhome backing onto a r pond, with no development possible behind you. This bright, move-in ready home offers an oversized living room at the rear, a fully renovated kitchen with granite counters, gas stove, double oven, and premium stainless appliances, plus rich hardwood flooring throughout the main and upper levels. The primary suite features a walk-in closet and a spa-like ensuite with jacuzzi tub and separate shower. Downstairs, the finished walkout basement leads to a reconfigured composite deck, ideal for entertaining or a private retreat, matching the upper-level composite deck above. California shutters throughout add a polished, low-maintenance touch. All water treatment systems, including the reverse osmosis system, water softener, and eco water system, are owned, not rented, saving you an ongoing monthly cost. Tucked into a close-knit, family-friendly street in the sought-after Gorham-College Manor community, you're minutes to Highway 404, the GO station, top schools, shopping, and Newmarket's Main Street. Freehold with low common element fees ($152/month) covering private road and snow/grass maintenance. A rare opportunity in one of Newmarket's most desirable enclaves. +Some Images have been virtually staged.+

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New Listing
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$849,900 - 370 Doak Lane, Newmarket

Townhouse for Sale in Newmarket

New — Listed 3 days ago

Neighbourhood: Gorham-College Manor

3Beds
3Baths
1,100 - 1,499Sq Ft
Townhouse
Property Details
MLS Number
N13699684
Property Type
Townhouse
Status
active
Days on Site
3
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Newmarket
Lot Size
149 sqft
Listing Brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE
Description

Welcome to 370 Doak Lane, a beautifully upgraded freehold townhome backing onto a r pond, with no development possible behind you. This bright, move-in ready home offers an oversized living room at the rear, a fully renovated kitchen with granite counters, gas stove, double oven, and premium stainless appliances, plus rich hardwood flooring throughout the main and upper levels. The primary suite features a walk-in closet and a spa-like ensuite with jacuzzi tub and separate shower. Downstairs, the finished walkout basement leads to a reconfigured composite deck, ideal for entertaining or a private retreat, matching the upper-level composite deck above. California shutters throughout add a polished, low-maintenance touch. All water treatment systems, including the reverse osmosis system, water softener, and eco water system, are owned, not rented, saving you an ongoing monthly cost. Tucked into a close-knit, family-friendly street in the sought-after Gorham-College Manor community, you're minutes to Highway 404, the GO station, top schools, shopping, and Newmarket's Main Street. Freehold with low common element fees ($152/month) covering private road and snow/grass maintenance. A rare opportunity in one of Newmarket's most desirable enclaves. +Some Images have been virtually staged.+

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,360.43/mo

Includes CMHC insurance ($23,712)

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5-yr fixed avg.

Principal: $764,910Interest: $519,506
Mortgage Amount$788,622
Total Interest$519,506
Est. Property Tax$602/mo
Total Cost$1,308,128

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

370 Doak Lane, Newmarket

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,550/mo
Range: $2,168 - $2,933
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,550
Maintenance Fees-$0
Property Tax (est.)-$602
Insurance (est.)-$177
Net Cash Flow+$1,771

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 $773/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 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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    370 Doak Lane, Newmarket | $849,900 | Battaglia Team