HIGH INCOME PROPERTY, unique 3 story building with about 1350 Sqft main floor, walkout basement That Is Part Of The Main Floor Store, and 4 rental apartments (2 one Bedroom, and 2 two Bedrooms) in the heart of Newmarket Main Street Offering plenty of the restaurants and retails section, just the corner of Water St and Timothy St, back to the community parking Lot with beautiful View of Riverwalk Commons. $$$$ Upgrades include Main floor restaurant (built in 2015). Fabulous investment and income property. This 3-Storey Building Features 1450Sqft Of Main Floor Retail + 1350 Sqft of Basement With W/O, and 4 Apartments in 2 floors with about total 3000 Sqft (2X1-Bedroom, 2X2-Bedroom) Each Separately Metered Gas/Hydro with Their Own Furnaces and In-Suite Electric Panels.
- MLS®#:
- N12880614
- Property Type:
- Commercial Retail
- Property Style:
- Area:
- York
- Community:
- Central Newmarket
- Taxes:
- $16,723.92 / 2025
- Added:
- March 09 2026
- Lot Frontage:
- 24.02
- Lot Depth:
- 80.16
- Status:
- Active
- Outside:
- Year Built:
- 100+
- Brokerage:
- RE/MAX IMPERIAL REALTY INC.
- Lot :
-
80
24
- Lot Irregularities:
- As Per Mpac
- Intersection:
- Main St., South & Water St.
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Partial
- Heating Type:
- Gas Forced Air Closed
- Heating Fuel:
Listing Details
Insights
- High Income Potential: This property features a unique combination of retail space and four rental apartments, providing multiple streams of income. The main floor restaurant, built in 2015, enhances its revenue-generating capability.
- Prime Location: Situated in the heart of Central Newmarket, this property is surrounded by a vibrant community with numerous restaurants and retail options, making it an attractive destination for both residents and visitors.
- Modern Upgrades: The building has been recently constructed (2025) and includes significant upgrades, such as separate metering for gas and hydro for each apartment, ensuring lower operational costs and increased tenant satisfaction.
Neighborhood Overview
Complete neighborhood profile for 235 Main Street S
Central Newmarket home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Central Newmarket
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
