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For saleNew listingMLS® N14137412

38 Parkside Drive 9, Newmarket, ON L3Y 8J9

Central Newmarket · L3Y 8J9

$545,000

3 days on market

0

What's special

  • Plaza garage
  • Yes

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About this property

** WELL ESTABLISHED NORDIC STYLE SAUNA BUSINESS LOCATED IN THE CENTRE OF NEWMARKET ** OPERATING SINCE 2019 ** STEADY CLIENTELLE WITH STEADY REVENUE ** LARGE STEAM AND INFRARED SAUNAS ** TURKISH STEAM SAUNA ** COLD WATER BUCKETS TO COOL OFF ** MEN'S & WOMEN'S CHANGE ROOMS ** SHOWERS ** LOCKER ROOMS ** COZY LOUNGE AREA ** SHOWER FOR THE DISABLED ** COLD WATER SHOWERS ** FULL EQUIPPED KITCHEN WITH DINING ROOM AND LLBO LICENSE ** ENJOY TRADITIONAL FOODS AND A VARIETY OF COMPLIMENTARY TEAS WHILE RELAXING ** COOL WATER POOL ** BATHROOMS ** LAUNDRY MACHINES ** RECEPTION AREA ** OFFICE ** HOT WATER TANK & 2 TANKLESS WATER HEATERS ** WATER FILTERS ** CURRENT LEASE AGREEMENT IS FOR 5 YEARS EXPIRING NOVEMBER 30,2029 WITH AN OPTION TO RENEW FOR 5 MORE YEARS ** GROSS MONTHLY RENT IS $5,600 INCLUDING NET RENT, TMI, WATER & HST ** APPROX 2896 SQ FT **

Property details

Property

Property type
business
Zoning
Commercial
Possession
FLEXIBLE

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$545,000

Listing

MLS® number
N14137412
Status
For sale
Listed
November 2, 2026
Days on market
3
Last updated
November 2, 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 63% of comparable business for sale listings in Central Newmarket are asking less.

$93KMedian $249K$1.19M

Based on 8 comparable active business for sale listings in Central Newmarket. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.4% · minimum $29,500
$29,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,850.29
Estimated monthly
$2,850

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
$7,375
Total due on closing
$7,375

An estimate on the asking price of $545,000. 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.

$545,000

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