Newmarket Industrial Park · L3Y 7B6
$12,900,000
$309 / sq ft1 months on market
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Strategically located just minutes from Highway 404, 150 Pony Drive presents an outstanding opportunity for a wide range of industrial and commercial users. The property offers exceptional operational flexibility with dedicated shipping and receiving areas designed to support efficient logistics, distribution, manufacturing, warehousing, and other industrial uses. The building can accommodate a single owner-user or be configured into two separate units, making it an attractive option for investors and multi-tenant occupancy. Property highlights include ample on-site parking, substantial power capacity supported by a 44 kV transformer, and a fully secured lot providing enhanced security and operational efficiency. Recent capital improvements include extensive site upgrades and partial-to-full office renovations, creating a modern, functional, and professional work environment. Comprehensive environmental due diligence has been completed, including a Phase I Environmental Site Assessment and a Building Condition Assessment prepared by Pinchin Ltd. The property also features a crane rough-in, offering future operational flexibility for specialized industrial users. Please note: If a purchaser elects to acquire a single unit only, the transaction will be subject to severance, with completion anticipated within approximately 120 days. Additional Note: Total building area is approximately 41,689 sq. ft.
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This home is priced above most comparable listings — about 91% of comparable industrial listings in Newmarket Industrial Park are asking less.
Based on 11 comparable active industrial listings in Newmarket Industrial Park. 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 $12,900,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CASMIR 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.