All photos · 3

Gorham-College Manor

17-25 Alexander Road, Newmarket, ON L3Y 3J2

$2,499,800

Beds

n/a

Baths

n/a

Type

Commercial

About this home

PRICED TO SELL !! Rare Multi-Use Investment Opportunity in Prime York Region. Unlock the potential of this unique income-generating property located in a high-traffic, high-demand area of York Region. A true multi-stream investment with diverse uses and solid upside:7-Bay Coin Car Wash - Includes 2 oversized truck bays for increased revenue. Leased Laundromat - Stable income with hands-off management. Leased Restaurant Unit - Long-term commercial tenant in place5 Residential Apartments - Fully rented 1-bedroom units. Auto Detailing & Storage Bays -Great opportunity for additional passive income. This property offers a rare mix of residential and commercial revenue streams, with room for someone to come in, refresh the site, and elevate it. A little vision could go a long way. Strategically located near major routes, commercial activity, and residential neighbourhoods - an ideal setup for seasoned investors or business-minded buyers especially with future possibilities of growth. Seller is motivated - serious inquiries only, with proof of financial capability. Don't miss your chance to acquire this one-of-a-kind asset.

Heating

  • · Gas Forced Air Closed

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$11,447

Principal & interest, per month


Mortgage amount
$1,999,840
Down payment
$499,960
Total interest paid
$1,434,408

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

ANALYST REALTY INC.

Each office independently owned and operated.