$1,899,900
For sale: Other

Exceptional Investment Opportunity With A Strong Tenant Already In Place, Providing For Stable Income And Long-Term Value. Located In The ELM Business Centre Within Newmarket's Sought-After Business Park District, This Newer Well-Maintained Industrial Condo Unit Features Over 2,337 Sq. Ft. Of Industrial Space With A 10' X 14' Drive-In/Grade-Level Door For Efficient Access. An Additional 774 Sq.Ft Office Is In The Mezzanine Featuring Large Windows Providing Abundant Natural Light. 1 Washroom, Four Dedicated Parking Spaces And Excellent Signage For Maximum Exposure Complete This Great Investment. Just Minutes From Hwy 404. Zoned EM-107, The Unit Offers Flexibility For A Variety Of Uses. Close Proximity To Major Transportation Routes And Nearby Amenities.
Sold data
Homes in Newmarket (Newmarket Industrial Park) took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 37, across 244 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $929,450.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 20% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 244 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Newmarket (Newmarket Industrial Park) 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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