1211 Gorham Street 5, Newmarket

$849,000
1211 Gorham Street 5

$849,000

New
22d
Industrial

1211 Gorham Street 5, Newmarket

Total Monthly Obligation $4,240

Beds
0
Baths
0
Park
0
DOM
22d
Property Type-Industrial
MLS® Number-N13851650
Beds-0
Lot Size-318.44 × 469.2 ft
Listed on site-Oct 1, 2026
Building Type-Industrial
Age-31-50
Taxes-$5,283.24 (2026)
Parking-Outside/Surface
Heating-Gas Forced Air Closed
Brokerage-FOREST HILL REAL ESTATE INC.
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-90-120 Days
Neighbourhood-Gorham-College Manor
Title-Commercial

No agent assigned

Fantastic opportunity to own approximately 3,000 sq. ft. of versatile commercial/industrial space in a prime Newmarket location! This well-designed unit offers approximately 1,600 sq. ft. on the main level, featuring a drive-in/loading door and flexible open space. The approximately 1,400 sq. ft. upper level provides a completely separate office area, ideal for businesses looking to combine workspace, showroom, recreational, storage or administrative uses under one roof. A functional and adaptable layout with excellent potential for an owner-user or investor. Conveniently located with easy access to major routes, amenities and surrounding businesses. Condo fees approximately $400/month. A great opportunity to own your commercial space.

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Closing Costs

Mortgage Amount
$679,200
Land Transfer Taxes$13,455
Legal Fees (Est.)
$
Total cash required for closing$184,755

Total Monthly Obligation

$4,240/mo
Mortgage $3,425
Monthly Loss $3,339
Principal$901
Interest$2,523
Property Tax$440
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1211 Gorham Street 5

Time

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