505 Queen Street, Newmarket, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Central Newmarket. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $3,999,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 154.6 x 123.92 ft lot size
- equipped with yes central cooling and highly efficient propane gas heating
Description
Do Not Miss your opportunity to Own this One Of a Kind Stunning "Oasis" Commercial Property in the Heart Of Newmarket Featuring a Custom Built 6000+ Square Foot Commercial Building Boasting Two Floors with Plenty of Parking! This Custom Built Building Boasts over $500,000 in Recent Magazine Quality Designer Upgrades and Finishes Throughout that will Absolutely Amaze You! Featuring a Beautifully Designed Expansive Exterior Along with a Unique Custom Designed Interior Suited for Many Business Uses!Multiple Entrances, 14' Clear Height Main Floor, Second Floor Ceiling Height 11' 3 Retractable Glass Over Head Garage Doors (1x 12'4"x 9'9", 1x 18'4"x 8'10', 1x 18'6"x 9'11'), Skylight, Hardwood and Laminate Flooring, Smooth Ceilings, Pot Lights, Retail Area, Office Areas, Warehouse Area, Gym, 2 Kitchens complete with 3 Appliances, Washer and Dryer, 4 Bathrooms, 400 Amp Electrical Service, Boiler, Hydronic Under Floor Heating System, Security System with Cameras, Outdoor Storage Shed. The Current UC-D2 Zoning permits a Multitude of Uses including: Office, Retail Store, School, Medical Clinic, Restaurant, Place Of Worship, Emergency Services Facility, Veterinary Clinic, Financial Institution, Funeral Home, Art Gallery, Community Centre, Hotel, Long Term Care Facility, Spa and Many More Uses! Perfect for Investors and End Users! Located Close to South Lake Hospital, Main Street Newmarket, Yonge Street, Viva Bus, Go Train Station and Go Bus, Minutes to Highway 404!
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Property Summary
This commercial retail located at 505 Queen Street, Newmarket is currently for sale and has been available on SousaSells for 24 days. This property is listed at $3,999,000 with an estimated mortgage of $13,311* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 505 Queen Street, Newmarket is in the Central Newmarket neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Central Newmarket, Newmarket.
- •Desirable Commercial Retail architecture in Central Newmarket, Newmarket
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Newmarket?
If you are looking for a house in Newmarket or researching Newmarket real estate for sale, this commercial retail at 505 Queen Street, Newmarket, ON offers an exceptional opportunity to buy a home in Newmarket, Ontario. Whether you are a first-time Newmarket home buyer or comparing active Newmarket MLS® homes for sale, working with a dedicated Newmarket buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Newmarket realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Newmarket Buyer Budget & Costs
Estimated mortgage: $13,311*/month*. Estimated Ontario Land Transfer Tax: $86,450. First-time Newmarket home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Newmarket
Frequently Asked Questions about 505 Queen Street, Newmarket, ON
Q.What is the asking price for 505 Queen Street, Newmarket, ON ?
The current listing price for 505 Queen Street, Newmarket, ON in Central Newmarket, Newmarket is $3,999,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 505 Queen Street, Newmarket, ON ?
505 Queen Street, Newmarket, ON is a Commercial Retail () featuring a basement.
Q.What security features are installed at 505 Queen Street, Newmarket, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Central Newmarket, Newmarket
24 assaults (109.1/100k)
13 B&E (59.1/100k)
18 thefts (81.8/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 505 Queen Street, Newmarket, ON L3Y 2H3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $3,999,000 in Newmarket, the legal minimum down payment is $799,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $86,450 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $86,450.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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