$ 3,450,000
443 Timothy ST Newmarket, ON L3Y 1P7
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$ 3,450,000
Est. payment | /mo
10,085 SqFt
$ 3,450,000
Est. payment | /mo
10,085 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 10,085 sqft
Price per Sqft $342
MLS Listing ID N9352508
Annual Tax Amount $12,987
Tax Year 2023
Property Description
Rare offering for investors, those looking to retire with an income and large families. This seven year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Location, Mature Treed & Quiet Streets. The building is vacant allowing for the new owner to capture the high market rental rates, Families to co-exist in all or part of the Building or Ideal for those retiring and realizing income. The large property has generous parking for 12 cars, a designated BBQ area with a picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is full, finished with 2 residential units boasting above ground picture windows, and a central laundry room. All floors have front and rear door entry. Three of the units have stair chair lift ability on the unit rear access. Each unit has its own furnace & central air conditioning unit, its own thermostat, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events and Concerts. Minutes to walk to enjoy the many Restaurants, Patios and Bars, Shops and so much more. Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. etc. Must be seen.....
Location
Province ON
County York
Community Public Transit, Recreation/Community Centre
Area Central Newmarket
Interior
Cooling Yes
Exterior
Garage Spaces 12.0
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Parking Type None
Others
Security Features Yes
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "