171 Main Street, Newmarket, ON

$4,899,800
MLS#:N12795780
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial retail located in the coveted neighborhood of Central Newmarket. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $4,899,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 56.75 x 143 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

Location, Location, Location! Attention Developers or Investors. 3 Story Commercial Building Located Downtown Newmarket Surrounded By Plenty Of Street and Municipal Parking, Full Detail Plans Available, Perfect For Medical Retail, Restaurant, And Professional Offices. Building Has Been Striped to Studs (fronting on Main St) First Floor Hallway, Washrooms and Offices Renovated, Many Second Floor Offices Renovated

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date2/17/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size56.75 × 143 Feet
CountyYork
Annual Tax$36,607.69
Legal DescriptionPT LT 21 PL 81 NEWMARKET; PT LT 22 PL 81 NEWMARKET; PT LT 38 PL 81 NEWMARKET PTS 2, 3 & 5 65R12185; T/W R687367 ; TOWN OF NEWMARKET

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Yes"]

Features

Property Features

Community Features

Location

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171 Main Street, Newmarket, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$741,777

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 171 Main Street S, Newmarket, ON L3Y 3Y9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$3,919,840
Monthly Mortgage$22,776
Property Tax (Est.)$3,051
Utilities & Maint.$350
Total Monthly Cost$26,177

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.