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About the Listing 208100 -
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.
Listing Highlights for 245 Main St S
Status
Active
Days on Site
19
Property Type
Commercial Sale
MLS ®
N12466681
Year Built
Total Square Footage
6,169
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Yes
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer: Sanitary
- Parking Features: Outside/Surface
Financial Details
- Tax Amount: $18,279
- Taxes w/Assessments: N/A
- Tax/Property ID: 036080008
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Years
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Listing Location
Questions About..
245 Main St S Newmarket, ON L3Y 3Z4
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