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For saleMLS® N13734614

505 Queen Street, Newmarket, ON L3Y 2H3

Central Newmarket · L3Y 2H3

$3,799,000

$200 / sq ft

2 months on market

Total area
19,036 sf
Lot
154.6 × 123.92 ft

What's special

  • Yes

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About this property

Do Not Miss your opportunity to Own this One Of a Kind Stunning "Oasis" Commercial Property in the Heart Of Newmarket Featuring a Custom Built 6000+ Square Foot Commercial Building Boasting Two Floors with Plenty of Parking! This Custom Built Building Boasts over $500,000 in Recent Magazine Quality Designer Upgrades and Finishes Throughout that will Absolutely Amaze You! Featuring a Beautifully Designed Expansive Exterior Along with a Unique Custom Designed Interior Suited for Many Business Uses!Multiple Entrances, 14' Clear Height Main Floor, Second Floor Ceiling Height 11' 3 Retractable Glass Over Head Garage Doors (1x 12'4"x 9'9", 1x 18'4"x 8'10', 1x 18'6"x 9'11'), Skylight, Hardwood and Laminate Flooring, Smooth Ceilings, Pot Lights, Retail Area, Office Areas, Warehouse Area, Gym, 2 Kitchens complete with 3 Appliances, Washer and Dryer, 4 Bathrooms, 400 Amp Electrical Service, Boiler, Hydronic Under Floor Heating System, Security System with Cameras, Outdoor Storage Shed. The Current UC-D2 Zoning permits a Multitude of Uses including: Office, Retail Store, School, Medical Clinic, Restaurant, Place Of Worship, Emergency Services Facility, Veterinary Clinic, Financial Institution, Funeral Home, Art Gallery, Community Centre, Hotel, Long Term Care Facility, Spa and Many More Uses! Perfect for Investors and End Users! Located Close to South Lake Hospital, Main Street Newmarket, Yonge Street, Viva Bus, Go Train Station and Go Bus, Minutes to Highway 404!

Property details

Property

Property type
retail
Interior size
19,036 sq ft
Lot size
154.6 × 123.92 ft
Zoning
UC-D2
Possession
60 Days to be Determined

Interior

Heating
Propane Gas
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$3,799,000
Property taxes
$28,412 / year (2026)
Price per sq ft
$200
Rental items
2x Propane Tanks

Listing

MLS® number
N13734614
Status
For sale
Listed
September 2, 2026
Days on market
64
Last updated
October 19, 2026
Listing brokerage
RE/MAX REALTRON 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 in line with comparable listings — about 70% of comparable retail listings in Newmarket are asking less.

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

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

Mortgage estimate

Down payment20.0% · minimum $759,800
$759,800
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$16,804.26
Property tax (est.)
$2,367.64
Estimated monthly
$19,172

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
$81,450
Total due on closing
$81,450

An estimate on the asking price of $3,799,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RE/MAX REALTRON 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.

$3,799,000

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