All photos · 42

Central Newmarket

505 Queen Street, Newmarket, ON L3Y 2H3

$3,999,000

Beds

n/a

Baths

n/a

Type

Commercial

About this home

Attention Investors, End Users, And Developers! Do Not Miss your Opportunity to Own this One Of a Kind Stunning "Oasis" Commercial Property in the Heart Of Newmarket Featuring a Custom Built 6000+ Square Foot Building Boasting Two Floors with Plenty of Parking! This Custom Built Building Boasts over $500,000 in Recent Magazine Quality Designer Upgrades and Finishes Throughout that will Absolutely Amaze You! Featuring a Beautifully Designed Expansive Exterior Along with a Unique Custom Designed Interior Suited for Many Business Uses! Multiple Entrances, 14 Foot Clear Height, 4 Retractable Glass Over Head Doors, Skylight, Hardwood and Laminate Flooring, Smooth Ceilings, Pot Lights, Retail Area, Office Areas, Warehouse Area, Gym, 2 Kitchens Complete with 3 Appliances, Washer and Dryer, 4 Bathrooms, 400Amp Electrical Service, Boiler, Hydronic Under Floor Heating System, Security System with Cameras, Outdoor Storage Shed. The Current UC-D2 Zoning Permits a Multitude of Uses Including: Office, Retail Store, School, Medical Clinic, Restaurant, Place Of Worship, Emergency Services Facility, Veterinary Clinic, Financial Institution, Funeral Home, Art Gallery, Community Centre, Hotel, Long Term Care Facility, Spa and Many More Uses! Perfect for Investors, End Users, and Developers! Potential Re-Development Site! Located Close to South Lake Hospital, Main Street Newmarket, Yonge Street, Viva Bus, Go Train Station and Go Bus, Minutes to Highway 404!

Heating

  • · Gas Forced Air Open

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$18,313

Principal & interest, per month


Mortgage amount
$3,199,200
Down payment
$799,800
Total interest paid
$2,294,662

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 REALTRON REALTY INC.

Each office independently owned and operated.