17-25 Alexander Road, Newmarket, ON
Property Highlights
Welcome to this remarkable investment located in the coveted neighborhood of Gorham-College Manor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,499,800 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 137.38 x 140.94 ft lot size
- Convenient other garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
PRICED TO SELL !! Rare Multi-Use Investment Opportunity in Prime York Region. Unlock the potential of this unique income-generating property located in a high-traffic, high-demand area of York Region. A true multi-stream investment with diverse uses and solid upside:7-Bay Coin Car Wash - Includes 2 oversized truck bays for increased revenue. Leased Laundromat - Stable income with hands-off management. Leased Restaurant Unit - Long-term commercial tenant in place5 Residential Apartments - Fully rented 1-bedroom units. Auto Detailing & Storage Bays -Great opportunity for additional passive income. This property offers a rare mix of residential and commercial revenue streams, with room for someone to come in, refresh the site, and elevate it. A little vision could go a long way. Strategically located near major routes, commercial activity, and residential neighbourhoods - an ideal setup for seasoned investors or business-minded buyers especially with future possibilities of growth. Seller is motivated - serious inquiries only, with proof of financial capability. Don't miss your chance to acquire this one-of-a-kind asset.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 17-25 Alexander Road, Newmarket, ON L3Y 3J2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $2,499,800 in Newmarket, the legal minimum down payment is $499,960 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 $48,970 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 $48,970.
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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.