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For saleMLS® N12880614

235 Main Street S, Newmarket, ON L3Y 3Z4

Central Newmarket · L3Y 3Z4

$2,149,000

$371 / sq ft

7 months on market

Total area
5,800 sf
Lot
24.02 × 80.16 ft
Age
100+ years

What's special

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About this property

HIGH INCOME PROPERTY, unique 3 story building with about 1350 Sqft main floor, walkout basement That Is Part Of The Main Floor Store, and 4 rental apartments (2 one Bedroom, and 2 two Bedrooms) in the heart of Newmarket Main Street Offering plenty of the restaurants and retails section, just the corner of Water St and Timothy St, back to the community parking Lot with beautiful View of Riverwalk Commons. $$$$ Upgrades include Main floor restaurant (built in 2015). Fabulous investment and income property. This 3-Storey Building Features 1450Sqft Of Main Floor Retail + 1350 Sqft of Basement With W/O, and 4 Apartments in 2 floors with about total 3000 Sqft (2X1-Bedroom, 2X2-Bedroom) Each Separately Metered Gas/Hydro with Their Own Furnaces and In-Suite Electric Panels.

Property details

Property

Property type
retail
Interior size
5,800 sq ft
Year built
100+
Lot size
24.02 × 80.16 ft
Zoning
Uc-D1
Possession
TBA

Interior

Heating
Gas Forced Air Closed
Cooling
Partial

Costs

List price
$2,149,000
Property taxes
$16,724 / year (2025)
Price per sq ft
$371

Listing

MLS® number
N12880614
Status
For sale
Listed
March 13, 2026
Days on market
237
Last updated
March 13, 2026
Listing brokerage
RE/MAX IMPERIAL REALTY INC.

Price & sale history

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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 in line with comparable listings — about 30% of comparable retail listings in Newmarket are asking less.

$1.24MMedian $3.35M$6.42M
This home
$371 / 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 $429,800
$429,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$9,505.75
Property tax (est.)
$1,393.66
Estimated monthly
$10,899

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
$40,200
Total due on closing
$40,200

An estimate on the asking price of $2,149,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX IMPERIAL REALTY INC.. 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.

$2,149,000

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