$2,149,000
For sale: Other

HIGH INCOME PROPERTY, unique 3 story building with about 1350 Sqft main floor, walkout basement That Is Part Of The Main Floor Store, and 4 rental apartments (2 one Bedroom, and 2 two Bedrooms) in the heart of Newmarket Main Street Offering plenty of the restaurants and retails section, just the corner of Water St and Timothy St, back to the community parking Lot with beautiful View of Riverwalk Commons. $$$$ Upgrades include Main floor restaurant (built in 2015). Fabulous investment and income property. This 3-Storey Building Features 1450Sqft Of Main Floor Retail + 1350 Sqft of Basement With W/O, and 4 Apartments in 2 floors with about total 3000 Sqft (2X1-Bedroom, 2X2-Bedroom) Each Separately Metered Gas/Hydro with Their Own Furnaces and In-Suite Electric Panels.
Sold data
Homes in Central Newmarket took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 59, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.
The median sale price was $769,000.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 30% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Newmarket (Central Newmarket) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
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