589 Queen ST new Save Request In-Person Tour Request Virtual Tour
Newmarket,ON L3Y 2H8
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Gorham-College Manor
MLS Listing ID N12164532
Style 3-Storey
Bedrooms 14
Annual Tax Amount $11,289
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Welcome to 589 Queen St and Historic 75 Prospect St. Two legal fourplexes Offering a total of 8 fully tenanted suites! Situated in an exceptional Newmarket location, this unique investment opportunity features two well-maintained multi-residential buildings on one lot. Enjoy unbeatable proximity to Historic Downtown Newmarket, where you'll find charming restaurants, patios, bars, year-round entertainment, Fairy Lake Park, boutique shopping, and more.Commuters will appreciate the easy access to public transit, the GO Train, Highway 404, and nearby amenities including schools and Southlake Regional Health Centre. 8 Total Units: One 3-Bedroom, Four 2-Bedroom, One 1-Bedroom, and Two Bachelor Suites. 11 surface parking spaces on two driveways. Dual road frontage for added convenience. Stable tenancies and consistently well maintained. Long-term growth potential, easy-to-manage asset in a high-demand area.
Location
Province ON
County York
Community Gorham-College Manor
Area York
Rooms
Family Room No
Kitchen 8
Interior
Cooling Other
Exterior
Pool None
Roof Type Asphalt Shingle
Building
Foundation Stone,Concrete
Others
Virtual Tour https://www.winsold.com/tour/405794