Description

Location, Location, Location! Attention Developers or Investors. 3 Story Commercial Building Located Downtown Newmarket Surrounded By Plenty Of Street and Municipal Parking, Full Detail Plans Available, Perfect For Medical Retail, Restaurant, And Professional Offices. Building Has Been Striped to Studs (fronting on Main St) First Floor Hallway, Washrooms and Offices Renovated, Many Second Floor Offices Renovated (id:66096)

Property Details

MLS®: N12795780
Property Type: Retail
Business Type: Service
Zoning: Uc-D1
Interior Size: 16,205 ft²
Frontage: 57 ft
Building Area: 16,205 ft²
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $36,607.69/yr
Listed: 260 days ago

Market Timing

Days on market

260d

Newmarket (Central Newmarket) listings, avg age

72d

Price / ft²

$302

List price

$4.90M

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

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Area context

Neighbourhood profile (L3Y)

This home lists at $4,899,800, about 52.7× the local median household income of $93,000.

Carrying it typically needs a household income of about $957,102 (20% down, 25-yr amortization, stress-tested) — roughly 929% above the area median.

Median household income: $93,000
Population: 43,556
Median age: 45.6
Owner / renter: 68% / 32%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA L3Y)

$4,899,800· $302/ft²

For sale

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Financing

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171 Main Street, Newmarket (Central Newmarket) - Retail for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3Y)

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