589 Queen Street Newmarket, Ontario L3Y 2H8
$3,250,000
Welcome to 589 Queen St and Historic 75 Prospect St. Two legal fourplexes Offering a total of 8 fully tenanted suites! Situated in an exceptional Newmarket location, this unique investment opportunity features two well-maintained multi-residential buildings on one lot. Enjoy unbeatable proximity to Historic Downtown Newmarket, where you'll find charming restaurants, patios, bars, year-round entertainment, Fairy Lake Park, boutique shopping, and more.Commuters will appreciate the easy access to public transit, the GO Train, Highway 404, and nearby amenities including schools and Southlake Regional Health Centre. 8 Total Units: One 3-Bedroom, Four 2-Bedroom, One 1-Bedroom, and Two Bachelor Suites. 11 surface parking spaces on two driveways. Dual road frontage for added convenience. Stable tenancies and consistently well maintained. Long-term growth potential, easy-to-manage asset in a high-demand area. (id:53661)
Property Details
| MLS® Number | N12164532 |
| Property Type | Multi-family |
| Community Name | Gorham-College Manor |
| Amenities Near By | Hospital, Public Transit |
| Features | Irregular Lot Size |
| Parking Space Total | 11 |
Building
| Bathroom Total | 9 |
| Bedrooms Above Ground | 14 |
| Bedrooms Total | 14 |
| Appliances | Dishwasher, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Exterior Finish | Brick |
| Fireplace Present | Yes |
| Foundation Type | Stone, Concrete |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Stories Total | 3 |
| Size Interior | 5,000 - 100,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 164 Ft ,10 In |
| Size Frontage | 100 Ft ,8 In |
| Size Irregular | 100.7 X 164.9 Ft |
| Size Total Text | 100.7 X 164.9 Ft |
| Zoning Description | R3-l, R4-m, Icbl |
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 22 2025 12:47:08
Toronto Regional Real Estate Board
Main Street Realty Ltd.
