All photos · 7

Newmarket Industrial Park

1201 Nicholson Road, Newmarket, ON L3Y 9C3

$24,300,000

Beds

n/a

Baths

n/a

Type

Commercial

About this home

Exceptional opportunity in Newmarket's established employment corridor. Functional 54,350 SF freestanding industrial building. 3.05 Acres of land on two parcels. Ideal for warehousing, light manufacturing, or service-based users. 24' clear height, 2 Truck-level door with levelers, 2 Drive-In shipping Doors, generous parking. Overhead Cranes included, 4x 5 ton cranes (2013), 1x 20 ton crane (refurbished and installed in 2013) and 3x 1 ton cranes. Efficient 3 story office buildout with elevator access. Conveniently located to major transportation routes and minutes to Highway 404. Well-maintained building. Perfect Head Office Location.

Heating

  • · Radiant

Cooling

  • · Partial

What it could cost monthly

Estimated monthly

$111,279

Principal & interest, per month


Mortgage amount
$19,440,000
Down payment
$4,860,000
Total interest paid
$13,943,560

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

RE/MAX ALL-STARS REALTY INC.

Each office independently owned and operated.