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For saleMLS® N13496788

17-25 Alexander Road, Newmarket, ON L3Y 3J2

Gorham-College Manor · L3Y 3J2

$2,499,800

4 months on market

Lot
137.38 × 140.94 ft

What's special

  • Yes

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About this property

PRICED TO SELL !! Rare Multi-Use Investment Opportunity in Prime York Region. Unlock the potential of this unique income-generating property located in a high-traffic, high-demand area of York Region. A true multi-stream investment with diverse uses and solid upside:7-Bay Coin Car Wash - Includes 2 oversized truck bays for increased revenue. Leased Laundromat - Stable income with hands-off management. Leased Restaurant Unit - Long-term commercial tenant in place5 Residential Apartments - Fully rented 1-bedroom units. Auto Detailing & Storage Bays - Great opportunity for additional passive income. This property offers a rare mix of residential and commercial revenue streams, with room for someone to come in, refresh the site, and elevate it. A little vision could go a long way. Strategically located near major routes, commercial activity, and residential neighbourhoods - an ideal setup for seasoned investors or business-minded buyers especially with future possibilities of growth. Seller is motivated - serious inquiries only, with proof of financial capability. Don't miss your chance to acquire this one-of-a-kind asset

Property details

Property

Property type
business
Lot size
137.38 × 140.94 ft
Zoning
CS-SERVICE COMMERCIAL
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Other
Sewer
Sanitary+Storm

Costs

List price
$2,499,800
Property taxes
$17,206 / year (2025)
Rental items
Hot Water Tank.

Listing

MLS® number
N13496788
Status
For sale
Listed
June 27, 2026
Days on market
131
Last updated
June 27, 2026
Listing brokerage
ANALYST REALTY INC.

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 97% of comparable business for sale listings in Newmarket are asking less.

$50KMedian $200K$550K

Based on 31 comparable active business for sale listings in Newmarket. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $499,960
$499,960
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$11,057.46
Property tax (est.)
$1,433.85
Estimated monthly
$12,491

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
$48,970
Total due on closing
$48,970

An estimate on the asking price of $2,499,800. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ANALYST 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.

$2,499,800

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

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