505 Queen Street
Newmarket, ON
0.44 sqft • Commercial Retail • 147 days on market
Attention Investors, End Users, And Developers! 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 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 Foot Clear Height, 4 Retractable Glass Over Head Doors, 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, 400Amp 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, End Users, and Developers! Potential Re-Development Site! Located Close to South Lake Hospital, Main Street Newmarket, Yonge Street, Viva Bus, Go Train Station and Go Bus, Minutes to Highway 404!
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Listing Details
- Taxes (2025)
- $26,866
- Originally Listed
- $4,200,000
- Listed
- April 1, 2026
Price History
Property
- Lot Size
- 154.6 x 123.92 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Main Street and Queen Street
- Zoning
- UC-D2
- Parcel Number
- 036090084
- Possession
- Flexible
Commercial
- Business Type
- Retail Store Related
- Occupancy
- Owner
- Office / Apartment Area
- 50 %
Included
- Inclusions
- 1x SS Fridge, 1x SS Stove, 1x SS Microwave Oven,1x White Fridge, 1x White Stove, 1x White Microwave Oven, 1 Security System with Cameras, Keg Fridge (As Is) Electrical Light Fixtures, All Existing Window Coverings, All Built In Desks.
- Exclusions
- Lounge Light Fixtures (220 Drop Starry Night Lights)5x Light Fixtures Above Bar. Retail Lighting For Sale Lighting In Retail Areas.
- Rental Items
- 2 Propane Tanks
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
- $930,000
- Homes sold
- 847
- Median days on market
- 21
- Sale-to-list price
- 97.9%
Based on 847 recorded sales of commercial properties in Newmarket over the last 12 months.
Listed by
RE/MAX REALTRON REALTY INC.
Location
Commercial figures
- Annual property tax
- $26,866
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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