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$2,699,000
Ontario,Newmarket (Central Newmarket)
For Sale Active
245 MAIN STREET S, Newmarket (Central Newmarket), Ontario L3Y3Z4
  • 5
  • 6,169 Sqft
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Basic Details
Description

Location! Location! Location! Rare opportunity to own a prime mixed-use building in the heart of Downtown Newmarket on Main Street, between Water & Timothy Streets high-traffic, high-exposure area surrounded by shops, restaurants, and major businesses. Property features 2 commercial units (popular convenience store & pizza shop) and 2 residential apartments above, generating approx. $12,000/month in rental income. Excellent potential

to increase income by another $8,000/month by adding two more residential units or one office space and a basement commercial unit. Includes a large basement with walk-out, perfect for expansion or storage. Building underwent major structural and mechanical renovations in 2013, offering long-term stability and minimal maintenance. Fantastic opportunity for investors or end users seeking strong returns and future growth in one of York Regions most vibrant downtown communities. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: N12466681
  • Price: $2,699,000
  • Bathrooms: 5
  • Square Footage: 6,169 Sqft
  • Status: Active
  • Office Name: RE/MAX COMMUNITY REALTY INC.
  • Property Sub Type: Retail
  • Office Key: 273193
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Newmarket (Central Newmarket), L3Y3Z4
  • Street: Main
  • Street Number: 245
  • Street Suffix: Street
  • Longitude: W80° 32' 37.7''
  • Latitude: N44° 3' 7.2''
  • Street Dir Suffix: South
Additional Information
  • Water Source:
  • Lot Size Dimensions: Unit=44.25 x 112.64 FT ; Easement For Entry To Parking In Rear
Financial
  • Tax Annual Amount: 18278.68
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Listing updated: 2025-12-10 16:36:16
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Listing Information
  • List Agent Key: 1984032
  • List Office Key: 273193
  • Modification Timestamp: 2025-10-23T02:56:23Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-10-23T02:39:38Z
Powered by REALTOR.ca
Listing updated: 2025-12-10 16:36:16
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