245 MAIN STREET S, Newmarket (Central Newmarket)

2025-10-16
 

Quick Summary

Location
245 MAIN STREET S, Newmarket (Central Newmarket), Ontario L3Y3Z4
Price
$2,699,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
6169 sqft
Bathrooms:
5

MLS®#N12466681

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. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 6169 sqft
  • Utility Water: Municipal water

Land

  • Land Size: Unit=44.25 x 112.64 FT ; Easement For Entry To Parking In Rear
  • Sewer: Sanitary sewer

Zoning

  • Description: Commercial

Information entered by RE/MAX COMMUNITY REALTY INC.
Listing information last updated on: 2025-10-23 02:39:38


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How much could you save in commission selling with One Percent Realty?

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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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Yes, yes, and yes.


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