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99 Main Street, Central Newmarket

Price

$4,750,000

Bedrooms

Not listed

Bathrooms

Not listed

Size

0.926 sqft

Year Built

Not listed

Property Type

Commercial

Property Taxes

$22674.44

Description

Opportunity to acquire a zoned low rise development site at Main & Queen in Downtown Newmarket. This prime 0.926-acre site is zoned for back-to-back and stacked townhouses, with prominent frontage of 111 ft on Main Street South and 157 ft on Queen Street. The inclusion of three existing homes at 99, 103-105 Main Street South offers the potential for supplemental rental income or the option to sever and sell the homes separately. The Property is conveniently located 700m from Newmarket GO Station, providing seamless north-south transit access to Downtown Toronto and Barrie. Local bus routes provide connection throughout Newmarket. Short drive to Highway 404. Walking distance to all the retail and hospitality amenities in the historic Downtown Newmarket.

Property History

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$18,954 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$3,800,000

Total Interest Payments

$2,342,932

Total Payment (Principal + Interest)

$6,142,932

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Shawn

Meet Shawn

If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.

Let's Find Your Dream Home Together