For saleMLS® N13734614

505 Queen Street, Newmarket, ON L3Y 2H3

Central Newmarket, Newmarket · Near Main Street and Queen Street · View map

$3,799,000
0.437Sq ft
Commercial retailType
NoneParking
$28,412/yrTaxes
$3,799,000
FreeholdNo monthly condo fee
Lot 154.6 x 123.9 ftThe land comes with the home

About this home

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 Commercial 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' Clear Height Main Floor, Second Floor Ceiling Height 11' 3 Retractable Glass Over Head Garage Doors (1x 12'4"x 9'9", 1x 18'4"x 8'10', 1x 18'6"x 9'11'), 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, 400 Amp 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 and End Users! Located Close to South Lake Hospital, Main Street Newmarket, Yonge Street, Viva Bus, Go Train Station and Go Bus, Minutes to Highway 404!

The home

Type
Commercial retail
Square footage
0.437 sq ft
Lot size
154.6 x 123.9 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Propane Gas
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$28,412/yr
Tax year
2026
Occupancy
Owner
Possession
60 Days to be Determined
Cross street
Main Street and Queen Street
Neighbourhood
Central Newmarket

More

MLS® number
N13734614

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$17,692per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    505 Queen Street, Newmarket, ON L3Y 2H3

    Central Newmarket, Newmarket · Near Main Street and Queen Street

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    Sold history

    Listing history for 505 Queen Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 505 Queen Street

    Answers come straight from this home’s MLS® listing.

    How much is 505 Queen Street listed for, and what would it cost each month?

    505 Queen Street is listed for $3,799,000. With 20% down ($759,800), the mortgage payment would be roughly $15,324 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $17,692 a month, all in. That figure is an illustration, not a quote.

    Is 505 Queen Street freehold or a condo, and is there a monthly fee?

    505 Queen Street is a commercial retail in Central Newmarket, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 505 Queen Street have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 505 Queen Street?

    505 Queen Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 505 Queen Street, and what is the lot size?

    The lot is listed as 154.6 x 123.9 ft.

    How is 505 Queen Street heated and cooled?

    Heating is propane gas. Cooling is yes.

    What are the property taxes for 505 Queen Street?

    Property taxes are $28,412 a year (2026), or about $2,368 a month.

    Where is 505 Queen Street?

    505 Queen Street is in the Central Newmarket community of Newmarket. The nearest main intersection is Main Street and Queen Street. The postal code is L3Y 2H3.

    Is 505 Queen Street still for sale?

    Yes. It is an active listing (MLS® N13734614). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 505 Queen Street asking?

    Similar properties for sale nearby right now include 11 Main St (432/438 Davis) E at $3,600,000, 443 Timothy Street at $2,950,000 and 171 Main Street S at $4,899,800. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 505 Queen Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 505 Queen Street?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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