$1,750,000
Est. payment $7,749/moCalculate yours
986 Srigley Street, Newmarket, ON L3Y 1Y3
Gorham-College Manor, Newmarket, ON L3Y 1Y3
- 5 Beds
- 3 Baths
- 1 Garage
- 2,000 Sq Ft
Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY MLS® N13772334
About this home
Rare Legal Triplex on an Exceptional 80 x 187 Ft Lot! House hacking at its best. Live in the spacious 3-bedroom main-floor residence while renting out the two self-contained legal1-bedroom walkout units to help offset your mortgage, or take advantage of all three residences as an income-producing property. A rare opportunity to combine homeownership with built-in rental income!Fully renovated, professionally designed and completed as a fully permitted legal triplex, with three completely independent residences, private entrances and no shared interior living spaces.The bright and spacious main-floor residence features 3 bedrooms, open-concept living and dining areas, a gas fireplace, a thoughtfully designed kitchen with sleek cabinetry and stainless-steel appliances, plus a private rear deck overlooking the landscaped backyard.The two legal lower-level residences each feature 1 bedroom, a private walkout entrance,European-style cabinetry, stainless-steel appliances and ensuite laundry, making them ideal for long-term rental income.Thoughtfully converted with enhanced acoustic separation between residences and meticulous attention to quality throughout. Additional features include professionally installed Wifi Infrastructure with dedicated access points and on-site EV charging.Sitting on an exceptionally rare 80 x 187 ft lot, the property also offers tremendous outdoor space and intriguing future potential, including the possibility of exploring a garden suite,subject to municipal approvals and applicable zoning.Ideally located near Historic Main Street, Fairy Lake, Riverwalk Commons, Newmarket GO,Southlake Health, parks, schools, shopping and Highway 404.Live in one. Rent the others. Let your property help pay the mortgage.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Concrete, Brick
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 80.05 x 187.58 Feet
- Parking
- Other garage · 4 total
Financial
- Property Taxes
- $5,634 (2026)
Location
- Neighbourhood
- Gorham-College Manor
- Cross Street
- Leslie & Srigley
- Direction Faces
- South
Listing
- MLS® Number
- N13772334
- Days on Market
- 37
- Listed On
- 2026-09-11
- Listed By
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Features
Interior
- None
Pool
- None
- Included
- All stainless Steele appliances, all laundry equipment. Window coverings. Light Fixtures. Gasfireplace. EV outlet. Wifi access points.
Mortgage calculator
Estimated mortgage payment
$7,749 per month
- Principal and interest
- $7,749
- Property tax
- $469
- Condo fees
- $0
- Estimated monthly cost
- $8,218
Your mortgage
- Mortgage amount
- $1,400,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $924,586
Cash to close
- Down payment
- $350,000
- Land transfer tax
- $31,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $381,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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