Active

443 Timothy St

Newmarket Ontario, L3Y 1P7

C$3,450,000


Active

Commercial

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.....

N9352508

MLS ID

November 22, 2024

Updated

Map

443 Timothy St
Newmarket Ontario, L3Y 1P7

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Y


Heating

Yes


Heating Description

Gas Forced Air Closd

Exterior/Building Features

Lot Size

0.22 Acres


Sewer

SanStorm

Other Property Details

Area Name

Central Newmarket


Taxes

$12,987


Tax Frequency

Annually


Garage

No


Parking

None


Parking Total

12


View

No


County

Ontario


Municipality

Newmarket


Water Source

Municipal


Pool

No


Zoning

R5-S

 

Courtesy of Listed by , ROYAL LEPAGE YOUR COMMUNITY REALTY,

Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.

©2024 Toronto Real Estate Board. All rights reserved. 

Data last updated 3:00 PM UTC, 11/22/2024

 

Powered byLuxury Presence