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589 Queen Street Image 1

$3,250,000

May 22Multiplex For Sale
bedrooms14bed
washrooms7bath
MLS - #N12164532

589 Queen Street, Newmarket, ON L3Y 2H8

0
Similar Homes Found
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Average Price
325000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Multiplex

Lot size

N/A

Style

3-Storey

Approx. Area

N/A

About 589 Queen Street

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.

Home Overview

Last updated

May 23

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Listed by MAIN STREET REALTY LTD.

Additional Details

Basement:Unfinished
Cooling:Other
Heating:Other
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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Walk Score for 589 Queen Street

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