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
October 2, 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.
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Data last updated 2:17 AM UTC, 10/2/2024