Description

First time offered for sale! Must see 6,206 SF Industrial condominium strategically located between Davis Dr and Mulock Dr, off Harry Walker Pkwy. 2 Units comprised of a mix of warehouse, showroom and office space complete with high-end finishes. Warehouse equipped with additional 1600 sf mezzanine that is not included in the square footage. 11.5 designed parking spaces located in the front and rear of the unit. 2 oversized 14' x 12' drive in doors. Signage opportunity on Gorham St. Convenient access to Hwy 404 SB via Mulock and NB via Davis. (id:66096)

Property Details

MLS®: N13828132
Property Type: Industrial
Zoning: EG - Employment General
Interior Size: 6,206 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $15,228.5/yr
Listed: 42 days ago

Market Timing

Days on market

42d

Newmarket (Newmarket Industrial Park) listings, avg age

67d

Price / ft²

$386

List price

$2.40M

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.

Haho

This industrial in Newmarket (Newmarket Industrial Park) has been listed for 42 days, which is 25 days fresher than the city average of 67. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (L3Y)

This home lists at $2,395,000, about 25.8× the local median household income of $93,000.

Carrying it typically needs a household income of about $467,827 (20% down, 25-yr amortization, stress-tested) — roughly 403% 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)

$2,395,000· $386/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

Inquire about financing →

#6-7 1131 Gorham Street, Newmarket (Newmarket Industrial Park) - Industrial for Sale

Description

Property Details

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L3Y)

Book a showing

Need a commercial mortgage?