Salehian.com 647-325-5000

235 Main Street S

Central Newmarket, Newmarket, L3Y 3Z4

$2,149,000

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Listed 221 days ago · MLS® N12880614

About this home

HIGH INCOME PROPERTY, unique 3 story building with about 1350 Sqft main floor, walkout basement That Is Part Of The Main Floor Store, and 4 rental apartments (2 one Bedroom, and 2 two Bedrooms) in the heart of Newmarket Main Street Offering plenty of the restaurants and retails section, just the corner of Water St and Timothy St, back to the community parking Lot with beautiful View of Riverwalk Commons. $$$$ Upgrades include Main floor restaurant (built in 2015). Fabulous investment and income property. This 3-Storey Building Features 1450Sqft Of Main Floor Retail + 1350 Sqft of Basement With W/O, and 4 Apartments in 2 floors with about total 3000 Sqft (2X1-Bedroom, 2X2-Bedroom) Each Separately Metered Gas/Hydro with Their Own Furnaces and In-Suite Electric Panels.

Details

Type
Commercial Retail
Age
100+ years
Lot
24.02 × 80.16 ft
Garage
None
Property tax
$16,724 (2025)
Neighbourhood
Central Newmarket
Municipality
Newmarket

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Partial
Utilities
Yes

Building and exterior

Age
100+
Building area
5,800 Square Feet

More

Possession
TBA
Cross street
Main St., South & Water St.
Business type
Hospitality/Food Related

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Somewhat walkable

  • 🚆 Newmarket GO15 min walk

Within a 10-minute walk: no grocery stores, 13 cafés and restaurants, 8 parks, 2 pharmacies. Nearest park: Newmarket Riverwalk Commons (100 m).

Schools nearby

Elementary

  • Stuart Scott Public School
    EQAO: Gr 6 reading 79%, math 33%    8 min walk
  • Pickering College Private12 min walk
  • Prince Charles Public School
    EQAO: Gr 6 reading 85%, math 25%    13 min walk
  • Rogers Public School
    EQAO: Gr 6 reading 100%, math 76%    17 min walk

Secondary

  • Sacred Heart Catholic High School Catholic
    EQAO: Gr 9 math 62%, literacy test 85%    1.5 km
  • Huron Heights Secondary School
    EQAO: Gr 9 math 46%, literacy test 85%    1.6 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L3Y

Owners / renters
68% / 32%
Median household income
$93,000
Average age
44
Children under 15
14%
Homes
56% detached, 8% high-rise
Commute by transit
4%
Population
43,556

Languages spoken most at home besides English: Iranian Persian 3.2%, Mandarin 1.6%, Russian 1.2%, Yue (Cantonese) 0.9%.

Flood and conservation Regulated area

This address is inside a conservation-authority regulated area (Lake Simcoe Region Conservation): near a valley, stream, shoreline or wetland, where flooding or erosion can occur. New building, additions, pools or grading usually need a permit from the authority.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for York Region police: 50 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Lake Simcoe Region Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 46 km. Transit times · Driving times

Coming transit

  • 🚧 Mulock GO (Future) GO Transit1.5 km · planned

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🚆 Rail line (Newmarket Subdivision)150 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX IMPERIAL REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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