443 Timothy Street, Newmarket, ON

$2,950,000
MLS#:N13523576
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable investment 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 $2,950,000 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 78.16 x 123.75 ft lot size
  • Convenient outside/surface garage included
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

Rare offering for investors, for those looking to retire with an income, and for families. This 7 1/2 year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Locations, Mature Trees & Quiet Streets. This Large Property has generous parking for 15 cars, a designated BBQ area with picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is fully finished with a central laundry room plus 2 residential units boasting large above ground picture windows. All units have front & rear door entry. The fire inspections are up to date. Three of the units have stair chair lift ability on the units rear access. Each unit has its own furnace & central air conditioning unit with individual thermostat controls, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events & Concerts & a Seasonal Farmer's Market. Minutes to walk to enjoy the many Restaurants, Patios & Pubs, Shops and so much more... Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. Ideal for 'Downsizers' not wanting a Retirement Home room but a unit in their building with income. Great Opportunity for Immigrants moving to Canada with additional family members...each have their own unit + income from additional units. Must be seen...**EXTRAS** 6 fridges, 6 stoves, 6 B/I dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date7/2/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size78.16 × 123.75 Feet
CountyYork
Annual Tax$12,599
Legal DescriptionPT LT 59 PL 81 Newmarket AS IN A51729A Newmarket

Parking & Garage

Garage Spaces15
Garage TypeOutside/Surface

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

Interior Features

Security Features

Yes

Community Features

Public Transit, Recreation/Community Centre

Location

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443 Timothy 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 443 Timothy Street, Newmarket, ON L3Y 1P7

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.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.

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Interest Rate5.25%
Down Payment$590,000 (20.0%)
* Minimum Canadian down payment required for this price is $590,000.
Amortization Period25 Years
Estimated Monthly Payment$14,064Based on a loan of $2,360,000 over 25 years.
Purchase Price$2,950,000
Loan Amount$2,360,000
Provincial Land Transfer Tax:$60,225
Total Estimated Closing Taxes:$60,225

About Purchasing a Home in Newmarket, ON

For a property listed at $2,950,000 in Newmarket, the legal minimum down payment is $590,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $60,225 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $60,225.

Nearby Listings

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No current listings found in Newmarket.

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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$1,021,486

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

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
Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6

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.