






Sales Representative
Price
$2,988,000
Bedrooms
Not listed
Bathrooms
Not listed
Size
4150 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
$24698
Commercial lot close to quant downtown Newmarket. Currently occupied by Chiropractic office and car wash. Buildings total 4150 s.f. Good income and good future potential to redevelop. Site can accommodate 18- 3 story back to back townhouses with rezoning and OPA. Or redevelop with retail or office uses in this high traffic area close to Yonge Street and downtown village of Newmarket. Current net income from 1650 sf Chiropractor and 2500 s.f. 6 bay car wash is about $162,000/year. Owner of the property runs the car wash so new owner can do same or lease it.
Access detailed sale and tax history information
Total Monthly Payment
$12,793 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$2,390,400
Total Interest Payments
$1,473,828
Total Payment (Principal + Interest)
$3,864,228
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

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