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$849,000
Newmarket
#5 1211 Gorham Street, Newmarket (Gorham-College Manor), Ontario, L3Y8Y3
This industrial property in Newmarket is for sale offering roughly 3,080 sq ft of space. It has been on the market 35 days, fresher than the Newmarket average of 47 days.
Fantastic opportunity to own approximately 3,000 sq. ft. of versatile commercial/industrial space in a prime Newmarket location! This well-designed unit offers approximately 1,600 sq. ft. on the main level, featuring a drive-in/loading door and flexible open space. The approximately 1,400 sq. ft. upper level provides a completely separate office area, ideal for businesses looking to combine workspace, showroom, recreational, storage or administrative uses under one roof. A functional and adaptable layout with excellent potential for an owner-user or investor. Conveniently located with easy access to major routes, amenities and surrounding businesses. Condo fees approximately $400/month. A great opportunity to own your commercial space. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 47 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 industrial in Newmarket (Gorham-College Manor) has been listed for 35 days, which is 12 days fresher than the city average of 47. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $849,000, about 9.1× the local median household income of $93,000.
Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 78% above the area median.
Source: Statistics Canada, 2021 Census (FSA L3Y)
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