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589 Queen Street

Newmarket, L3Y 2H8
14 Beds
9 Bath
5000 + sqft

$3,250,000

Est. Payment
$12,413/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by MAIN STREET REALTY LTD.
MultiplexMLS #N12164532New

Client Remarks

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.

About This Property

589 Queen Street, Newmarket, L3Y 2H8

Property Type
Multiplex
Lot Size
N/A
Style
3-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
View Tour
Basement
Unfinished
Building Size
N/A
Status
In-Active
Property Type
Multiplex
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
589 Queen Street, Newmarket, L3Y 2H8
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 589 Queen Street

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