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Gorham-College Manor · L3Y 8C5
$548,888
MLS® #N12849334
2
Bedrooms
1
Bathrooms
1000-1199
Sq Ft
About This Property
Land Lease $1,290/mo - Age 55+ - Rare opportunity to enjoy retirement living in the welcoming enclave of Leisure Valley Retirement Community in Newmarket downtown steps to Riverwalk Commons. A peaceful cul-de-sac community designed exclusively for residents 55+. This thoughtfully upgraded and updated 2-bedroom bungalow offers comfortable single-level living with minimal maintenance, ideal for retirees and downsizers seeking simplicity, security, and connection in a friendly neighbourhood setting. Located in the heart of Newmarket, residents benefit from a vibrant and active community atmosphere. Enjoy live performances at the Newmarket Theatre, explore local history at the Elman W. Campbell Museum, stroll the scenic trails of Fairy Lake Park, or spend time at Riverwalk Commons. With York Region Transit at your door and close proximity to Southlake Regional Health Centre, Main Street shopping, restaurants, and everyday amenities, everything you need is within easy reach. Just 7 minutes to Highway 404. Inside, hardwood flooring flows throughout. The updated senior-friendly bathroom features an oversized walk-in shower with built-in seat, hand shower, and safety grab bars. The spacious custom kitchen offers oak cabinetry and a large centre island with breakfast bar, a dining area with garden door walkout and oversized composite deck with privacy and mature tree views, perfect for quiet mornings or entertaining family and friends for BBQ. Residents enjoy nearby social and recreational activities including curling, cards, walking trails, and community gatherings, supporting an active and engaged lifestyle in a safe, well-maintained setting with private green space for resident use. Pets welcome, subject to landlord approval. Land Lease: $910 per month, Maintenance Fee: $250 per month, Taxes: $130 per month, Total Monthly Cost: $1,290 per month plus utilities (Fees include snow removal, grass cutting and exterior maintenance as per the Lease Agreement)
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Exterior Features
Building & Condo Fees
Amenities
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Great Room | Ground | 16' 1" × 12' 1" |
| Dining Room | Ground | 13' 1" × 26' |
| Kitchen | Ground | 18' 2" × 12' 1" |
| Primary Bedroom | Ground | 12' 1" × 11' 1" |
| Bedroom 2 | Ground | 9' 2" × 10' 2" |
| Utility Room | Basement | 32' × 17' 7" |
| Workshop | Basement | 32' × 17' 7" |
Mortgage Calculator
Estimated monthly payment
$2,697
Down payment: $109,778 · Loan: $439,110
Estimate only. Actual rates and payments vary by lender.
Virtual Tour
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Listing courtesy of:
THE LIND REALTY TEAM INC.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: May 13, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.