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$1,699,000Asking Price

654 Srigley Street, Newmarket, ON L3Y 1W9

Gorham-College Manor, Newmarket

Detached
0
Bedrooms
0
Baths
10
Parking
Days on Market

Prime development opportunity in the heart of Newmarket, just 2 minutes from Davis Drive and close to Newmarket General Hospital. This 18,794 sq ft site at 650-654 Srigley Street must sale together, offers over 20 lots with potential for townhomes, affordable rental buildings, and more. Eligible for CMHC financing, it's ideal for generating strong monthly rental income while planning future development. A turnkey investment in a high-demand area with excellent growth potential.

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Prime development opportunity in the heart of Newmarket, just 2 minutes from Davis Drive and close to Newmarket General Hospital. This 18,794 sq ft site at 650-654 Srigley Street must sale together, offers over 20 lots with potential for townhomes, affordable rental buildings, and more. Eligible for CMHC financing, it's ideal for generating strong monthly rental income while planning future development. A turnkey investment in a high-demand area with excellent growth potential.

Key Info

  • 1.5-Storey Detached
  • 10-Car Driveway
  • 0-Car Built-In Garage
  • Davis And Prospect
  • 3500-5000 Approximate Sq Feet
  • Other Basement
  • No Kitchen
  • Water Gas Heating
  • Central Air

Property

  • Lot Size 64 x 148 Feet
  • Brick Exterior
  • Taxes were $4,650 in 2024
  • Possession: TBA

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N12476385
  • RE/MAX PREMIER INC.

Extras

Room Floor Dimensions Details

Who lives here?

Gorham-College Manor, Newmarket is a north GTA neighbourhood notable for its singles and education, law & public sector professionals. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 29, 25 to 29, 25 to 29 and 25 to 29 and seniors aged 65 to 74 and 65 to 74.

Families

Kids Per Family

1.2

kids per family
in the neighbourhood.

Newmarket  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Newmarket (42%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

18% of residents
are renters.

18% renters

Newmarket (21%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

35% of residents are
university grads.

35% university grads

Newmarket (37%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$129K

is the average household
income in the neighbourhood.

Newmarket  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 11%
Government 9%
Management 8%
Trades 8%

Immigrants

25% of residents were
born outside of Canada.

25% immigrants

Newmarket (30%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.0% of immigrants.
China 1.8%
Iran 1.7%
India 1.2%
Philippines 1.2%

3.0% from UK
All-time

Birthplace - Recent

China was once home to 1.0% of immigrants.
Iran 0.6%
Philippines 0.6%
Lebanon 0.4%
South Korea 0.3%

1.0% from China
Recent

Foreign Languages

Foreign Languages

Mandarin 3%
Persian 2%
Russian 2%
French 1%
Cantonese 1%

Religions

Religions

Christian 63%
Buddhist 3%
Muslim 3%
Jewish 1%