48 Prospect Street, Newmarket, ON

$15
MLS#:N12813360
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] industrial 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 $15 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 66 x 148 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient lane garage included
  • equipped with ["no"] central cooling and highly efficient none heating

This exceptional 5,676 sq. ft. industrial space offers a rare combination of functionality, flexibility, and efficiency, making it an outstanding opportunity for businesses seeking well-appointed industrial premises. Featuring an impressive 18-foot clear ceiling height, the unit provides generous vertical space to accommodate racking systems, production equipment, or storage requirements with ease. The property is equipped with updated electrical service, supporting a range of light to medium industrial operations. Two convenient drive-in shipping doors allow for seamless loading and unloading, enhancing operational flow and logistics efficiency. In addition to the expansive industrial area, the unit includes a practical office component, ideal for administrative functions, client meetings, or management oversight while maintaining clear separation from the warehouse floor. The open and adaptable layout is well-suited for manufacturing, warehousing, assembly, distribution, and related industrial uses. Strategically designed for productivity and scalability, this space offers businesses the infrastructure needed to operate efficiently and grow confidently. Please note that automotive repair and mechanic shop uses are not permitted. A detailed list of approved uses is available in the attached documentation. Pictures cleaned with AI

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date2/21/2026
Transaction TypeFor Lease

Property Details

Property Sub-TypeIndustrial
Lot Size66 × 148 Feet
CountyYork
Annual Tax$4.7

Parking & Garage

Garage TypeLane

Heating & Cooling

Heat TypeNone
Cooling["No"]

Features

Property Features

Community Features

Public Transit

Location

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48 Prospect Street, Newmarket, ON
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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 48 Prospect Street A&B, Newmarket, ON L3Y 3S9

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$11.84
Monthly Mortgage$0
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$350

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.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,390

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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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.