589 Steven Court, Newmarket, ON

$12,499,000
MLS#:N12481598
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] industrial located in the coveted neighborhood of Stonehaven-Wyndham. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $12,499,000 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 320.08 x 345.79 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient outside/surface garage included
  • equipped with ["partial"] central cooling and highly efficient gas forced air closed heating

Welcome to 589 Steve Court, an exceptional 2.236-acre property featuring a 21,000 sq. ft. industrial building zoned Mixed Employment (EMI)-offering incredible flexibility for a wide range of permitted uses.Zoning allows for medical building, hotel, light manufacturing, office, public storage, warehouse, and more. The existing building is currently leased to seven separate tenants, providing stable income with future development potential. A 1-acre side lot offers excellent possibilities for building expansion or potential severance, enhancing long-term value and versatility for investors or end-users.This highly desirable location is minutes from Mulock Drive, Bayview Avenue, Yonge Street, and Highway 404, with public transit, GO Transit, and Southlake Regional Health Centre all close by. The property is also near Pickering College, Fairy Lake Park, and major recreational centers-making it ideal for future mixed-use or institutional development.Within walking distance to the proposed Mulock GO Station and the Proposed Major Transit Station Area (MTSA), this site offers prime positioning for future growth and transit-oriented opportunities.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date10/23/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeIndustrial
Lot Size320.08 × 345.79 Acres
CountyYork
Annual Tax$39,480
Legal DescriptionPCL 12-1 SEC 65M2121; LTS 12, 13 PL 65M2121 TOWN OF NEWMARKET

Parking & Garage

Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Partial"]

Features

Property Features

Community Features

Location

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589 Steven Court, 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 589 Steven Court, Newmarket, ON L3Y 6Z3

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$9,999,200
Monthly Mortgage$58,099
Property Tax (Est.)$3,290
Utilities & Maint.$350
Total Monthly Cost$61,739

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 Stonehaven Wyndham, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,495,093

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

Stonehaven
Public875 Stonehaven Avenue, Newmarket, Ontario, L3X 2K3
6.1
Notre Dame
Public715 Kingsmere Avenue, Newmarket, Ontario, L3X 1L4
6.8
Bogart
PublicNewmarket, Ontario, L3Y 0A5
8.6
Rick Hansen
Public490 Mavrinac Boulevard, Aurora, Ontario, L4G 0J6
7.9
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Newmarket
Public505 Pickering Crescent, Newmarket, Ontario, L3Y 8H1
8.5
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1

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.