245 MAIN STREET SOUTH

Newmarket (Central Newmarket), , L3Y3Z4, Canada

$2,699,000

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.

Last updated on : Wednesday 22nd of October 2025 10:56:23 PM

ADDRESS

Street : 245 MAIN STREET SOUTH

City : Newmarket (Central Newmarket)

Country : Canada

Postal Code : L3Y3Z4

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PROPERTY SUMMARY

Property ID : N12466681

Building Type : Other

Property Type : Retail

Bathrooms : 5

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