A&B - 48 PROSPECT STREET
Newmarket (Central Newmarket), Ontario
MLS® N12941634
$2,690,000
- Status
- Active
- Property type
- Industrial
- MLS® number
- N12941634
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 23Listing description
This exceptional 10434 sq. ft. offers a rare blend of functionality, flexibility, and efficiency-ideal for a wide range of industrial users.
Featuring 18-foot clear ceiling height, the unit provides ample vertical capacity for racking, equipment, or storage. Updated electrical service supports light to medium industrial operations, while two drive-in shipping doors ensure seamless logistics and operational flow. A dedicated office area allows for administrative use and client interaction, with clear separation from the warehouse floor.
The layout is open and adaptable, suitable for manufacturing, warehousing, assembly, and distribution. An additional residential component above the office offers flexible use as either office space or living quarters. Full list of permitted uses available, there is also a residential component above office that can be used as additional office as well as residential.
phase 1 and 2 have been completed and its clean for Mortgage. Seller may entertain VTB. Floor plan is attached.
Apx 8 parking space in the back. Playground. Potential CMHC rental development
Property summary
- MLS® number
- N12941634
- Property type
- Industrial
- Square footage
- 10,434 sq ft
- Land size
- Bldg=66 x 148 FT
- Annual property taxes
- $17,204.00
- Days on market
- 148 days
Features & details
- Heating
- No heat
- Cooling
- None
What would this home cost you?
Based on the $2,690,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX HALLMARK REALTY LTD., TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.