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For saleNew listingMLS® N14135190

244 Main Street S, Newmarket, ON L3Y 3Z5

Central Newmarket · L3Y 3Z5

$1,699,900

$187 / sq ft

5 days on market

Bathrooms
8
Total area
9,078 sf
Lot
42.9 × 169.6 ft

What's special

  • Public garage
  • Yes

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About this property

One of the most remarkable and attention-commanding properties in Newmarkets Award-Winning Historic Downtown, this iconic former theatre (once The Roxy and then The Odeon) now offers over 9,000 sq. ft. of gross floor area with full spanning roof beams, no columns and endless possibilities. Currently operating as a fitness and training centre, it awaits its next chapter as the next defining anchor for Main Street. Located just steps from The Postmark Hotel York Regions boutique urban hotel, this property enjoys immediate adjacency to Newmarkets most dynamic hospitality offerings. It's also just minutes from Fairy Lake and the Tom Taylor Trails, ideal for patrons seeking lifestyle and recreation. Nearby, the newest Bar Locale restaurant has joined an established roster of restaurants, patios, independent boutiques, and cultural venues lining Main Streets heritage stretch. Main Street Newmarket itself is built along an ancient First Nations trade route and celebrated today as a vibrant corridor of history, commerce, and cultural life. The downtown area is protected under a Heritage Conservation District, ensuring historical character is preserved while supporting new investment. Zoned UC-D1, the building supports a broad range of permitted uses: commercial school, office, place of worship, restaurant, dinner theatre, micro-brewery, private club, spa, retail and more. With soaring 20 foot ceilings (17.5 clear) with historical character, this property is architecturally stunning and functionally flexible. Whether your vision is a boutique performance venue, destination dining, creative co-working, or experiential retail, this is Newmarkets succession statement building. Don't miss your chance to own one of Main Streets most storied properties and reimagine what comes next for downtown Newmarket!

Property details

Property

Property type
retail
Bathrooms
8
Interior size
9,078 sq ft
Lot size
42.9 × 169.6 ft
Zoning
UC-D1 Historic Downtown Zone
Possession
Flexible But Likely June 2027

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Public
Sewer
Sanitary+Storm

Costs

List price
$1,699,900
Property taxes
$22,000 / year (2026)
Price per sq ft
$187

Listing

MLS® number
N14135190
Status
For sale
Listed
October 31, 2026
Days on market
5
Last updated
October 31, 2026
Listing brokerage
COLDWELL BANKER THE REAL ESTATE CENTRE

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 below most comparable listings — about 20% of comparable retail listings in Newmarket are asking less.

$1.24MMedian $3.35M$6.42M
This home
$187 / 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 $339,980
$339,980
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,519.23
Property tax (est.)
$1,833.33
Estimated monthly
$9,353

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
$30,473
Total due on closing
$30,473

An estimate on the asking price of $1,699,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLDWELL BANKER THE REAL ESTATE CENTRE. 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.

$1,699,900

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Comparable sales nearby

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