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For saleMLS® N12795780

171 Main Street S, Newmarket, ON L3Y 3Y9

Central Newmarket · L3Y 3Y9

$4,899,800

$302 / sq ft

8 months on market

Total area
16,205 sf
Lot
56.75 × 143 ft

What's special

  • Yes

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About this property

Location, Location, Location! Attention Developers or Investors. 3 Story Commercial Building Located Downtown Newmarket Surrounded By Plenty Of Street and Municipal Parking, Full Detail Plans Available, Perfect For Medical Retail, Restaurant, And Professional Offices. Building Has Been Striped to Studs (fronting on Main St) First Floor Hallway, Washrooms and Offices Renovated, Many Second Floor Offices Renovated

Property details

Property

Property type
retail
Interior size
16,205 sq ft
Lot size
56.75 × 143 ft
Zoning
Uc-D1
Possession
TBA

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm Available

Costs

List price
$4,899,800
Property taxes
$36,608 / year (2025)
Price per sq ft
$302

Listing

MLS® number
N12795780
Status
For sale
Listed
February 17, 2026
Days on market
260
Last updated
October 19, 2026
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 80% of comparable retail listings in Newmarket are asking less.

$1.24MMedian $2.84M$6.42M
This home
$302 / sq ft
Comparable median
$200 / sq ft

Based on 10 comparable active retail listings in Newmarket. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $979,960
$979,960
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$21,673.47
Property tax (est.)
$3,050.64
Estimated monthly
$24,724

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$108,970
Total due on closing
$108,970

An estimate on the asking price of $4,899,800. 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.

$4,899,800

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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