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$ 2,950,000
Est. payment | /mo
$ 2,950,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Central Newmarket
MLS Listing ID N12527048
Annual Tax Amount $12,599
Tax Year 2025
Property Sub-Type Investment
Property Description
Rare offering for investors, for those looking to retire with an income, and for families. This 7 year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Locations, Mature Trees & Quiet Streets. This Large Property has generous parking for 15 cars, a designated BBQ area with picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is fully finished with a central laundry room plus 2 residential units boasting large above ground windows. All units have front & rear door entry. The fire inspections are up to date. Three of the units have stair chair lift ability on the units rear access. Each unit has its own furnace & central air conditioning unit with individual thermostat controls, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events & Concerts & a Seasonal Farmer's Market. Minutes to walk to enjoy the many Restaurants, Patios & Pubs, Shops and so much more... Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. Ideal for 'Downsizers' not wanting a Retirement Home room but a unit in their building with income. Great Opportunity for Immigrants moving to Canada with additional family members...each have their own unit + income from additional units. Must be seen...**EXTRAS** 6 fridges, 6 stoves, 6 B/I dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces.
Location
Province ON
County York
Community Central Newmarket
Area York
Interior
Cooling Yes
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 78.16
Lot Depth 123.75
Building
Building Age 6-15
Others
Security Features Yes
ParcelsYN No
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
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