245 Main Street SNewmarket, York, ON, L3Y 3Z4
245 Main Street SNewmarket, York, ON, L3Y 3Z4
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Listing History
Buy/sell history for 245 Main Street S, Newmarket, ON L3Y 3Z4
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in Newmarket
Description
Location! Location! Location! Rare opportunity to own a prime mixed-use building in the heart of Downtown Newmarket on Main Street, between Water & Timothy Streets high-traffic, high-exposure area surrounded by shops, restaurants, and major businesses. Property features 2 commercial units (popular convenience store & pizza shop) and 2 residential apartments above, generating approx. $12,000/month in rental income. Excellent potential to increase income by another $8,000/month by adding two more residential units or one office space and a basement commercial unit. Includes a large basement with walk-out, perfect for expansion or storage. Building underwent major structural and mechanical renovations in 2013, offering long-term stability and minimal maintenance. Fantastic opportunity for investors or end users seeking strong returns and future growth in one of York Regions most vibrant downtown communities.
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$2,699,000
List price