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.
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.
List Date | MLS ID | List Price | Status | End Date | Closed Price |
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10/16/2025 | N12466681 | $2,699,000 | For Sale | - | - |
07/23/2025 | N12303486 | $200,000 | For Sale | - | - |