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589 QUEEN STREET, Newmarket, Ontario

$3,250,000

14 Beds
9 Baths

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. (id:23309)

Listing ID: N12164532
Property Type: Multi-family

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Details

Amenities Nearby: Hospital, Public Transit
Features: Irregular lot size
Parking Spaces: 11
Transaction: For sale
Zoning Description: R3-L, R4-M, ICBL

Building

Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementType: N/A (Unfinished)
Basement Development: Unfinished
Bedrooms Main Level: 14
Exterior Finish: Brick
Fireplace Present: True
Foundation: Stone, Concrete
Bathrooms (Half): 1
Bathrooms (Total): 9
Heating: Other
Heating Fuel: Natural gas
Size Interior: 5000 - 100000 sqft
Stories Total: 3
Type: Other
Utility Water: Municipal water

Land

Amenities: Hospital, Public Transit
Sewer: Sanitary sewer
Size Frontage: 100 ft ,8 in
Size Irregular: 100.7 x 164.9 FT

Listing provided by MAIN STREET REALTY LTD.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 589 QUEEN STREET in Newmarket Ontario. It was last modified on May 22nd, 2025. Contact the Lausic Team to schedule a viewing or to discover other Newmarket real estate for sale.

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