72 Prospect Street
Newmarket, ON
- 2 bath
- 3,237 sqft
- Office
- 180 days on market
Medical Building for Sale, Prime Location Across from Southlake Hospital! Fully renovated from Top to Bottom with permits (See Schedule C). New Layouts with Insulated walls (Noise and Temperature). New Ceramic Floors. This exceptional property presents a rare opportunity for medical professionals, investors, or business owners seeking a strategic and highly visible location. MU-1 zoning permits a wide variety of uses, including Medical or Dental Clinic, Laboratory, Commercial School, Art Gallery, Professional Office, Institutional Daycare, Vet Clinic, and Residential Uses (Zoning by-law available upon request). 8 on-site parking spaces plus 2-hour free curbside parking on surrounding streets. Excellent curb appeal and flexible layout make this property ideal for owner-occupiers or investors looking to establish or expand in a high-demand medical corridor.
Listing Details
- Taxes (2026)
- $16,981
- Listed
- March 4, 2026
Price History
Property
- Age
- 100+
- Lot Size
- 46 x 105 Feet
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Prospect/Queen
- Zoning
- Mu-1 - Mixed Use / Office / Com / Res
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Medical/Dental
- Office / Apartment Area
- 2304 Sq Ft
Included
- Inclusions
- Light Fixtures, Washer and Dryer, Two TVs, Two Mid-size Fridge, Two Split Air Conditioners.
- Rental Items
- HWT
Community
Postal area L3Y
- Population
- 43,556
- Private dwellings
- 17,365
- Median age
- 45.6
- Average household size
- 2.5
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Newmarket · last 12 months
- Median sold price
- $925,400
- Homes sold
- 856
- Median days on market
- 21
- Sale-to-list price
- 98.0%
Based on 856 recorded sales of commercial properties in Newmarket over the last 12 months.
Listed by
CENTURY 21 HERITAGE GROUP LTD.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 3,237 sq ft
- Price per sq ft
- $617.51
- Annual property tax
- $16,981
- Tax per sq ft
- $5.25
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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