Welcome to this remarkable sale of business 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 $1 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.
Exceptional turnkey opportunity to acquire a fully operational martial arts and fitness facility in the heart of Newmarket. This is a well-established business offering Taekwondo, boxing, conditioning and fitness training, private coaching sessions, youth martial arts programs, athlete development, and weight loss training. This ready-to-operate facility is ideal for owner-operators, investors, or expanding fitness brands seeking a strong presence in a high-demand and high-visibility location. The property offers approximately 6,000 sqft of functional training and fitness space with approximately 11 ft ceiling height, spacious open-concept layouts, upgraded finishes, operational HVAC and electrical systems suitable for fitness use, ample on-site parking, and professionally improved interiors including a brand-new change room with shower facilities. Located in a busy and growing area of Newmarket with excellent exposure and convenient access to major transportation routes, public transit, and surrounding amenities. The monthly rent is $8,375.05 with TMI/NET included in the lease documentation at approximately $400 per month. Renewal options are anticipated to be structured as 5 + 5 years, to be confirmed. The sale includes a full range of equipment and chattels including Taekwondo mats and equipment, boxing equipment, conditioning and fitness equipment, mirrors, training pads and shields, front desk and reception setup, security camera and NVR system, as well as a brand-new change room facility. The premises also include available parking, one shower, and infrastructure well suited for martial arts, fitness, wellness, or other training-related operations.An excellent opportunity to step into an established and professionally designed business with strong growth potential in one of Newmarket's busiest commercial corridors.
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Data-driven valuation for 446 Davis Drive B (Upper), Newmarket, ON L3Y 2P2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $1 in Newmarket, the legal minimum down payment is $0 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 $0 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 $0.
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