Shawn Priestman
Sales Representative
650-654 Srigley Street, Gorham-College Manor
Price
$2,590,000
Bedrooms
Not listed
Bathrooms
Not listed
Size
18794 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
$9500
Description
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 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.
Property History
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The Property Location
Mortgage Calculator
Total Monthly Payment
$10,096 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,072,000
Total Interest Payments
$1,277,515
Total Payment (Principal + Interest)
$3,349,515
Get An Estimate On Selling Your House
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
Meet Shawn
If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.