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582 GORHAM STREET, Newmarket (Gorham-College Manor) — listed at $1,649,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
What a gem! Exceptional luxury value in this custom-built 2025 home, offering approximately 4,800 sqft of beautifully finished living space including the walk-out basement. Owner-built with exceptional attention to detail, featuring 4+1 bedrooms, 5 washrooms, 2-car garage, metal roof, 10ft ceilings, dramatic 20ft foyer, XL windows and a breathtaking glass floating staircase. A dream designer kitchen features an 8ft centre island with built-in wine fridge, Miele built-in appliances, JennAir induction stove, Dacor French-door fridge, quartz counters and solid-quartz backsplash. Primary bedroom offers a 5-piece ensuite, walk-in closet and built-in closet; junior primary has its own ensuite and the additional bedrooms share a semi-ensuite. The finished walk-out basement feels like a main level, with large windows, separate entrance, second kitchen, 3-piece bath, sauna, hydronic heated floors, built-in speakers and separate basement laundry being completed. Excellent setup for extended family, in-law living or potential supplementary income use. Corner property fronting onto quieter Court St with wide driveway, fenced side yard, interlocking and BBQ-ready gas connection. Walk to historic Downtown Newmarket, restaurants, shops, Southlake Hospital, Pickering College, Fairy Lake, Riverwalk Commons and Tom Taylor Trail. Refined custom living with exceptional space, flexibility and everyday convenience. (Deck photo is a conceptual rendering of a potential deck and is not real.) (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 6.01 x 4.91 meters |
| Office | Basement | — |
| Bedroom 5 | Basement | 9.54 x 4.31 meters |
| Kitchen | Basement | 9.56 x 4.29 meters |
| Living room | Basement | 9.56 x 4.29 meters |
| Dining room | Main level | 4.3 x 4 meters |
| Kitchen | Main level | 6.1 x 4.6 meters |
| Eating area | Main level | 6.1 x 4.6 meters |
| Den | Main level | 3.7 x 3.25 meters |
| Foyer | Main level | 5.85 x 4.16 meters |
| Primary Bedroom | Second level | 5.49 x 4.44 meters |
| Bedroom 2 | Second level | 4.44 x 3.35 meters |
| Bedroom 3 | Second level | 4.44 x 3.66 meters |
| Bedroom 4 | Second level | 4.72 x 3.84 meters |
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,861, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey single family. The 5 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
What makes this a luxury property?+
At $1,649,000, standout features include 5 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Newmarket (Gorham-College Manor) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
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