For Sale

1208 Gorham Street Unit# 5&6, Newmarket, Ontario L3Y 8Y9

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1208 Gorham Street Unit# 5&6, Newmarket, Ontario L3Y 8Y9 is For Sale and has a listing price of 700,000. The property is located in the Newmarket neighbourhood . It's been on the website for 15 Days.

  • Sale Of Business
    Property Type
  • MLS ID: N12444824
  • Office Name RE/MAX REALTRON REALTY INC.
Property Description

Exceptional opportunity to acquire a well-established and profitable automotive franchise business (without property) located in the heart of Newmarket’s premier industrial corridor. Operating continuously since 2014, the business features a strong brand presence, exclusive referral relationships with two major insurance providers, and a loyal, growing customer base. The 5,594 sq. ft. combined industrial condo (Units 5 & 6) offers 18′ clear height, two grade-level drive-in doors, office space, and a partial sprinkler system. The operation benefits from a stable long-term lease with favourable terms. Zoned EG-12, supporting a wide range of permitted uses, and ideally situated with excellent access to Hwy 404, GO Transit, and major arterials. A rare, turn-key investment offering solid operational income, secure tenancy, and long-term growth potential.

Property Details
  • MLS ID: N12444824
  • Price: $700,000
  • Lot Depth: 115
  • Transaction Types: For Sale
  • Ref ID: N12444824
  • Year Built: N/A
  • Dir / Cross St: Leslie / Gorham
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/04/2025 N12444824 $700,000 For Sale - -
07/16/2025 N12289340 $4,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $1,200,594 Average List Price
    based on 1 year
  • 552 New Listings
    based on 30 days
  • 56 Median Days on Market
    based on 1 year
  • List vs. Selling Price 122.66 % Up
  • Sold (12mo) 824
  • Rented (12mo) 717

  • 1 Month Change +64.9%
  • 3 Month Change +155.7%
  • 6 Month Change +43.7%
Walkscore
Property Type Distribution
  • All Houses
    82.2%
  • Commercial
    5.77%
  • Condo
    12%
  • Land for Sale
    0.03%
Additional Details
  • Heat Type Gas Forced Air Open
  • Heating System Y
  • Garage Type Outside/surface
  • Taxes: $15,340
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: flexible
  • Listing Entry Date: 04/10/2025 04:35:25
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