42
$3,999,000
505 Queen Street, Newmarket, ON L3Y 2H3
Central Newmarket
19,036 sf
1 weeks on marketMLS® N13734614
Listing courtesy of RE/MAX REALTRON REALTY INC.
Central Newmarket · L3Y 3Y1
$3,600,000
$131 / sq ft17 months on market
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$3,999,000
Central Newmarket
Listing courtesy of RE/MAX REALTRON REALTY INC.
Hello Developers and Investors, excited to bring to your attention a very rare opportunity to own an assembly of lands located within the Urban Centres Secondary Plan. This plan identifies that the subject properties are within the Davis Drive Character Area, which permits a variety of uses including low to mid-rise residential, retail, office, live-work, places of entertainment, and post-secondary facilities. Building heights are permitted to range from 3 to 8 storeys, with densities of 1.5 to 2.0 FSI. Additionally, with bonusing, heights can be increased to 10 storeys.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 63% of comparable retail listings in Newmarket are asking less.
Based on 8 comparable active retail listings in Newmarket. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $3,600,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REMAX YOUR COMMUNITY REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.