$1,550,000
For sale: Multiplex

Attention Investors/Landlords!!!.. Welcome to 379 Simcoe St in the heart of Old Newmarket. Turnkey 5 Unit Multiplex that consists of 1 x 3 Bedroom unit Main floor, 1 x 2 Bedroom Unit plus loft second floor, 1 x 2 Bedroom Unit plus loft upper floor , 1 x 1 Bedroom basement Unit and an additional 1 x 1 Bed Basement unit. All units have separate entrances! Shared Coin Laundry in basement. Close to all amenities and transit. Large lot with ample parking for all units in back. Fully tenanted.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 43 days.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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