Loading neighbourhood intel…

$1.05M · 3 bed Att/Row/Townhouse · Gorham-College Manor, Newmarket | MyPropertyScout

$1,050,000

507 Rourke Place

34OwnerOccupied

Map

$1,050,000

F●●●○○DOM13days

507 Rourke Place

Newmarket · Ontario L3Y 8S9

MLS® N13438966 · Gorham-College Manor · L3Y 8S9

34OwnerOccupied1500-2000 ft²Att/Row/Townhouse2-car Attached13d$600/ft²Lot 28.5 x 171.7 ft< .50 ac$4,800 tax/yrBuilt 200323 yrs old

17% above market · 13 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Beautiful freehold townhome in a sought-after Newmarket neighbourhood featuring a versatile and functional layout. Offers 3 bedrooms, with the 3rd bedroom easily used as a second-floor family room, office, or additional living space. Spacious primary retreat with a super-sized ensuite bath. The 3rd bedroom/flex room features a cozy fireplace, adding warmth and character. Convenient second-floor laundry.The fully finished basement provides additional living space with a large recreation room and…

Reserved · coming next

MyPropertyScout exclusive

Reserve your Home Buyers Package

Could save you thousands on this purchase — closing strategy, negotiation & rebate.

MyStreetValue™ Analysis

Insufficient comparable sales to generate an estimate. Boost accuracy on MyStreetValue →

Property details

MLS#: N13438966
Status: Buy Now
Beds: 3
Baths: 4 full, 0 half
Size: 1500-2000
Style: 2-Storey
Type: Att/Row/Townhouse
Year built: —

Lot features: Irregular Lot
Lot dimensions: 28.5 × 171.69

Roof: Asphalt Shingle
Foundation: Concrete
Property features: Cul de Sac/Dead End, Greenbelt/Conservation, Hospital, Park, Public Transit, School

Garage: 2-car Attached
Garage spaces: 2
Parking: 5 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Pool: No
Waterfront: No
Exterior: Brick
Fronting on: North
Cross street: Mulock Dr & Bayview Ave
Basement: Finished
Stories: —
Utilities: —
Laundry: —
Interior: None
Parking features: Private Double

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Level	Room	Dimensions
Main	Dining Room	3.63m × 2.88m
Main	Kitchen	4.32m × 3.94m
Main	Breakfast	3.49m × 2.6m
Second	Family Room	4.36m × 3.85m
Second	Primary Bedroom	4.47m × 4.43m
Second	Bedroom 2	2.74m × 4m
Lower	Recreation	4.42m × 5.31m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX REAL ESTATE CENTRE INC.

Source: TRREB/PROPTX · MLS® N13438966

Do you own a home in Newmarket?

Find out what it's worth — and what you'd walk away with after mortgage, commission and fees.

Get My StreetValue™ →

$1.05M

507 Rourke Place · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $1,050,000✓ $4,800 tax✓ Gas✓ 1500-2000 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$7,650/mo

incl. closing costs (yr 1)

Annual total

$91,806

year 1

Mortgage only

$3,983/mo

principal + interest

Beyond mortgage

$1,753/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$210,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$400/mo

Utilities

Hydro / electricity$123/mo

≈ $0.07/ft² × ~1,750 ft² · ON avg ~$123/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$10,500/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$17,475

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)52% $47,801/yr

Property taxes24% $22,275/yr

Utilities5% $4,530/yr

Insurance & security2% $1,600/yr

Maintenance11% $10,500/yr

Closing costs6% $5,100/yr

Mortgage is 52% of your true cost of ownership. The other 48% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$47,801	$3,983/mo
Government & taxes
Property tax	$4,800	$400/mo
Land transfer tax(closing)	$17,475	$1,456/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$1,470	$123/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$10,500	$875/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$91,806	$7,650/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

Unlock Insider Deals

Sign in

507 Rourke Place

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Sales History

Request a Showing

Request a Showing

Annual costs