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MLS® N12527048

443 Timothy St

Newmarket, ON L3Y 1P7

$2,950,000

Type

Investment

Age

6-15 yrs

Taxes (2025)

$12,599

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Description

Rare offering for investors, for those looking to retire with an income, and for families. This 7 year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Locations, Mature Trees & Quiet Streets. This Large Property has generous parking for 15 cars, a designated BBQ area with picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is fully finished with a central laundry room plus 2 residential units boasting large above ground windows. All units have front & rear door entry. The fire inspections are up to date. Three of the units have stair chair lift ability on the units rear access. Each unit has its own furnace & central air conditioning unit with individual thermostat controls, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events & Concerts & a Seasonal Farmer's Market. Minutes to walk to enjoy the many Restaurants, Patios & Pubs, Shops and so much more... Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. Ideal for 'Downsizers' not wanting a Retirement Home room but a unit in their building with income. Great Opportunity for Immigrants moving to Canada with additional family members...each have their own unit + income from additional units. Must be seen...**EXTRAS** 6 fridges, 6 stoves, 6 B/I dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces.

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Property Details

Property TypeInvestment
CommunityCentral Newmarket
Approximate Age6-15
Lot Size10,086 sq ft
Lot Dimensions78.16 × 123.75 ft
Lot Size Area10,085.77 sqft (GeoWarehouse)
Dir/Cross StMain+Timothy+Church
Garage TypeOutside/Surface
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary+Storm
Taxes (2025)$12,599
HSTIn Addition To
SecurityYes
Listed Date11/9/2025
Days on Market152 days
PossessionTBA
Vick Yogeswaran - REALTOR

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MLS® #N12527048