All photos · 54

Gorham-College Manor

272 Jeff Smith Court, Newmarket, ON L3Y 8C5

$548,888

Beds

2

Baths

1

Type

Freehold

About this home

Land Lease $1290/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.)

Interior

  • · On Demand Water Heater
  • · Primary Bedroom - Main Floor

Exterior

  • · Deck
  • · Landscaped
  • · Privacy

Heating

  • · Heat Pump

Cooling

  • · Central Air

Parking

  • · Private

Basement

  • · Unfinished
  • · Full

Room by room

Great Room

Ground16'1" × 12'1"

Dining Room

Ground13'1" × 26'0"

Kitchen

Ground18'2" × 12'1"

Primary Bedroom

Ground12'1" × 11'1"

Bedroom 2

Ground9'2" × 10'2"

Utility Room

Basement32'0" × 17'7"

Workshop

Basement32'0" × 17'7"

What it could cost monthly

Estimated monthly

$2,514

Principal & interest, per month


Mortgage amount
$439,110
Down payment
$109,778
Total interest paid
$314,957

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing data provided under copyright by the A00001796 and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Room measurements deemed reliable but not guaranteed. Some values are sourced as metres and converted to feet for display.

Listing brokerage

THE LIND REALTY TEAM INC.

Each office independently owned and operated.