For Sale

245 Main Street, Newmarket, Ontario L3Y 3Z4

$0

245 Main Street, Newmarket, Ontario L3Y 3Z4 is For Sale and has a listing price of 2,699,000. The property is located in the Newmarket neighbourhood . It's been on the website for 2 Days.

  • 5
    Bathrooms
  • MLS ID: N12466681
  • Office Name RE/MAX COMMUNITY REALTY INC.
Property Description

Location! Location! Location! Rare opportunity to own a prime mixed-use building in the heart of Downtown Newmarket on Main Street, between Water & Timothy Streets high-traffic, high-exposure area surrounded by shops, restaurants, and major businesses. Property features 2 commercial units (popular convenience store & pizza shop) and 2 residential apartments above, generating approx. $12,000/month in rental income. Excellent potential to increase income by another $8,000/month by adding two more residential units or one office space and a basement commercial unit. Includes a large basement with walk-out, perfect for expansion or storage. Building underwent major structural and mechanical renovations in 2013, offering long-term stability and minimal maintenance. Fantastic opportunity for investors or end users seeking strong returns and future growth in one of York Regions most vibrant downtown communities.

Property Details
  • MLS ID: N12466681
  • Bathrooms: 5
  • Price: $2,699,000
  • Lot Depth: 112.64
  • Transaction Types: For Sale
  • Ref ID: N12466681
  • Year Built: N/A
  • Dir / Cross St: David Dr & Main St
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 100+
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/16/2025 N12466681 $2,699,000 For Sale - -
07/23/2025 N12303486 $200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $1,200,207 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 122.65 % Up
  • Sold (12mo) 823
  • Rented (12mo) 718

  • 1 Month Change +64.9%
  • 3 Month Change +155.7%
  • 6 Month Change +43.7%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 5
  • Garage Type Outside/surface
  • Taxes: $18,279
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 16/10/2025 19:52:09
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