443 Timothy Street, Newmarket | Image 1

443 Timothy Street

Newmarket, Central Newmarket

  • Commercial

$3,450,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R5-S

  • Age: 6-15 years

  • Taxes: 12987.37

  • MLS®#: N9352508

  • Days on Site: 1 Days

  • Added: Sep 15, 2024 (2 months ago)

  • Updated:

  • Last Checked: 8 hours ago

  • Listed By: ROYAL LEPAGE YOUR COMMUNITY REALTY

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.....

Extras

6 Fridges, 6 stoves, 6 hot water heaters, 6 dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces,

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 6-15

  • Area: Newmarket

  • Community: Central Newmarket

  • Availability Date: 30 days TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 12

Fees

  • Tax Year: 2023

  • Taxes: $12,987

  • Taxes Type: Annual

Land

  • Cross Street: Main+Timothy+Church

  • Municipality District: Newmarket

  • Parcel Number: 036060018

  • Sewer: San+Storm

  • Lot Depth: 123.75 Feet

  • Lot Frontage: 78.16 Feet

  • Zoning: R5-S

Commercial Specific

  • Sprinklers: Y

  • Total Area: 10085.77

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Area Influence: Rec Centre

  • Lot Code: Lot

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Map of 443 Timothy Street, Newmarket
JK-5

J L R Bell Public School

Elementary: Public
1.29 km
JK-8

St Paul Catholic Elementary School

Elementary: Catholic
1.55 km
JK-8

Stuart Scott Public School

Elementary: Public
0.44 km
JK-8

Prince Charles Public School

Elementary: Public
0.95 km
JK-8

Maple Leaf Public School

Elementary: Public
1.35 km
JK-8

Rogers Public School

Elementary: Public
0.91 km
9-12

Dr John M Denison Secondary School

Secondary: Public
2.40 km
9-12

Sacred Heart Catholic High School

Secondary: Catholic
1.55 km
9-12

Sir William Mulock Secondary School

Secondary: Public
2.79 km
9-12

Huron Heights Secondary School

Secondary: Public
1.68 km
9-12

Newmarket High School

Secondary: Public
2.03 km
Pre-Grade 9-12

St Maximilian Kolbe High School

Secondary: Catholic
5.46 km
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