515 Rourke Place, Newmarket, ON

$839,000
MLS#:N13220326
4 beds
3 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Gorham-College Manor. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $839,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 19.69 x 152.29 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Central Vacuum
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Rare Opportunity To Own A Freehold Townhome On An Oversized Deep Lot Backing Onto Parkland With Direct Gate Access, Offering Exceptional Privacy, Peaceful Views, And A Backyard Setting Rarely Found In Townhome Living. Tucked Away On A Quiet Private Court In One Of The Area's Most Sought-After Family-Friendly Neighbourhoods, This Home Combines A Serene Setting With Unbeatable Convenience. Enjoy Direct Park Views And No Rear Neighbours From Your Private Two-Level Deck - The Perfect Outdoor Retreat For Relaxing, Entertaining, Or Enjoying Nature Right From Your Backyard. Located Just Minutes To Hwy 404, Transit, Costco, Southlake Hospital, And Within Walking Distance To Main Street Shops, Restaurants, Parks, And Pickering College, This Is Truly A location That Offers Both Lifestyle And Accessibility. Inside, The Bright And Spacious Open-Concept Layout Is Designed For Comfortable Everyday Living And Effortless Entertaining. The Main Floor Features A Well-Appointed Kitchen With Breakfast Bar Overlooking The Dining And Family Areas, Creating A Warm And Inviting Flow Throughout. Upstairs Offers Three Generously Sized Bedrooms, Including A Spacious Primary Suite Complete With Sitting Area, Walk-In Closet, And 4-Piece Ensuite Bath.The Fully Finished Basement Provides Excellent Additional Living Space With A Fourth Bedroom And Flexible Areas Ideal For A Home Office, Recreation Room, Gym, Or Children's Play Space. Freshly Painted, Move-In Ready, And Complete With Convenient Interior Garage Access With Main-Floor Laundry, This Is A rare Opportunity To Own A Private Park-Backing Home In An Exceptional Location.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date6/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size19.69 × 152.29 Feet
CountyYork
Annual Tax$4,324.5
Legal DescriptionPt Blk88, Plan 65M3284, Pt2, 65R22562, Newmarket

Parking & Garage

Parking Spaces3.0
Garage Spaces2
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Cul de Sac/Dead End, Fenced Yard, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Auto Garage Door Remote, Central Vacuum

Security Features

Community Features

Location

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515 Rourke Place, Newmarket, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 515 Rourke Place, Newmarket, ON L3Y 8S9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

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Interest Rate5.25%
Down Payment$58,900 (7.0%)
* Minimum Canadian down payment required for this price is $58,900.
Amortization Period25 Years
Estimated Monthly Payment$4,649Based on a loan of $780,100 over 25 years.
Purchase Price$839,000
Loan Amount$780,100
Provincial Land Transfer Tax:$13,255
Total Estimated Closing Taxes:$13,255

About Purchasing a Home in Newmarket, ON

For a property listed at $839,000 in Newmarket, the legal minimum down payment is $58,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,255 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,255.

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No current listings found in Newmarket.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,102,185

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6

Secondary Schools

Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.