379 Simcoe Street, Newmarket (Central Newmarket), Ontario, L3Y2M4



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$1,550,000
Newmarket
This multi-family property in Newmarket is for sale offering roughly 2,750 sq ft of space.
Attention Investors/Landlords!!!.. Welcome to 379 Simcoe St in the heart of Old Newmarket. Turnkey 5 Unit Multiplex that consists of 1 x 3 Bedroom unit Main floor, 1 x 2 Bedroom Unit plus loft second floor, 1 x 2 Bedroom Unit plus loft upper floor , 1 x 1 Bedroom basement Unit and an additional 1 x 1 Bed Basement unit. All units have separate entrances! Shared Coin Laundry in basement. Close to all amenities and transit. Large lot with ample parking for all units in back. Fully tenanted. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 217 days on market, against an average age of 72 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.
This 9-bed multi-family in Newmarket (Central Newmarket) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,550,000, about 16.7× the local median household income of $93,000.
Carrying it typically needs a household income of about $302,769 (20% down, 25-yr amortization, stress-tested) — roughly 226% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice