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Central Newmarket, Newmarket, ON L3Y 3Y3
$6,680,000
An opportunity is knocking. Great location, fully newly renovated investment property in historical area in Newmarket. Contain of a Three 2 bedroom one washroom residential units in second floor and four commercial unit facing the street on main floor. All the units have their own power meter and gas meter that the tenant pays utility by themselves not the owner, also all the units have their own AC, furnace and water heater owned by seller and all the residential units have their own separate laundry, with the gross income of $377,742 HST included. This property is a unique property in the area with engine of money making must see. All the tenants are solid and good and they are on 3 to 5 years term lease also willing to stay. There is potential to add some floor on the top because the newly structure they put on property strong enough to allow that although with city permit.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Property Type
Store W Apt/Office
Lot Size
58.1 × 99.1 ft
Lot Area
5,786 SquareFeet
Garage
None
Heating
Gas Forced Air Closed
Cooling
Yes
Taxes
$20,150 (2026)
Possession
Flexible