244 MAIN STREET S, Newmarket (Central Newmarket)

$1,999,900

For sale: Other

Other at 244 MAIN STREET S, Newmarket (Central Newmarket)
Property type
Commercial Retail
Bedrooms / bathrooms
8 bathrooms
MLS®
MLS® N13078602
Neighbourhood
Central Newmarket

One of the most remarkable and attention-commanding properties in Newmarkets Award-Winning Historic Downtown, this iconic former theatre (once The Roxy and then The Odeon) now offers over 9,000 sq. ft. of gross floor area with full spanning roof beams, no columns and endless possibilities. Currently operating as a fitness and training centre, it awaits its next chapter as the next defining anchor for Main Street. Located just steps from The Postmark Hotel York Regions boutique urban hotel, this property enjoys immediate adjacency to Newmarkets most dynamic hospitality offerings. It's also just minutes from Fairy Lake and the Tom Taylor Trails, ideal for patrons seeking lifestyle and recreation. Nearby, the newest Bar Locale restaurant has joined an established roster of restaurants, patios, independent boutiques, and cultural venues lining Main Streets heritage stretch. Main Street Newmarket itself is built along an ancient First Nations trade route and celebrated today as a vibrant corridor of history, commerce, and cultural life. The downtown area is protected under a Heritage Conservation District, ensuring historical character is preserved while supporting new investment. Zoned UC-D1, the building supports a broad range of permitted uses: commercial school, office, place of worship, restaurant, dinner theatre, micro-brewery, private club, spa, retail and more. With soaring 20 foot ceilings (17.5 clear) with historical character, this property is architecturally stunning and functionally flexible. Whether your vision is a boutique performance venue, destination dining, creative co-working, or experiential retail, this is Newmarkets succession statement building. Don't miss your chance to own one of Main Streets most storied properties and reimagine what comes next for downtown Newmarket!

Sold data

Homes in Newmarket (Central Newmarket) — recent sold market

Homes in Newmarket (Central Newmarket) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 39, across 240 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 40 days.

The median sale price was $949,450.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 18% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
21
Median sale price
$949,450
Sale-to-list ratio
97.0%
Sold above asking
18%

Based on 240 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Newmarket (Central Newmarket)

Newmarket (Central Newmarket) has 24 Fraser Institute–rated schools (19 elementary and 5 secondary), averaging 6.3/10.

Rated schools
24
Elementary
19
Secondary
5
Average rating
6.3 / 10

Top-rated schools in Newmarket (Central Newmarket)

  • Bogart — elementary, NewmarketFraser rating 8.6/10
  • Newmarket — secondary, NewmarketFraser rating 8.5/10
  • Stuart Scott — elementary, NewmarketFraser rating 7.9/10
  • Rogers — elementary, NewmarketFraser rating 7.8/10
  • Sacred Heart — secondary, NewmarketFraser rating 7.2/10
  • Alexander Muir — elementary, NewmarketFraser rating 7.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 244 MAIN STREET S