244 Main Street S

Central Newmarket, Newmarket, L3Y 3Z5

$1,999,900

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  • 8 bathrooms

Listed 169 days ago · MLS® N13078602

About this home

One of the most remarkable and attention-commanding properties in Newmarkets Award-Winning Historic Downtown, this iconic former theatre (once The Roxy and then The Odeon) now offers over 9,000 sq. ft. of gross floor area with full spanning roof beams, no columns and endless possibilities. Currently operating as a fitness and training centre, it awaits its next chapter as the next defining anchor for Main Street. Located just steps from The Postmark Hotel York Regions boutique urban hotel, this property enjoys immediate adjacency to Newmarkets most dynamic hospitality offerings. It's also just minutes from Fairy Lake and the Tom Taylor Trails, ideal for patrons seeking lifestyle and recreation. Nearby, the newest Bar Locale restaurant has joined an established roster of restaurants, patios, independent boutiques, and cultural venues lining Main Streets heritage stretch. Main Street Newmarket itself is built along an ancient First Nations trade route and celebrated today as a vibrant corridor of history, commerce, and cultural life. The downtown area is protected under a Heritage Conservation District, ensuring historical character is preserved while supporting new investment. Zoned UC-D1, the building supports a broad range of permitted uses: commercial school, office, place of worship, restaurant, dinner theatre, micro-brewery, private club, spa, retail and more. With soaring 20 foot ceilings (17.5 clear) with historical character, this property is architecturally stunning and functionally flexible. Whether your vision is a boutique performance venue, destination dining, creative co-working, or experiential retail, this is Newmarkets succession statement building. Don't miss your chance to own one of Main Streets most storied properties and reimagine what comes next for downtown Newmarket!

Details

Type
Commercial Retail
Lot
42.9 × 169.6 ft
Garage
Public
Property tax
$22,000 (2026)
Neighbourhood
Central Newmarket
Municipality
Newmarket

Interior

Bathrooms
8 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Water and sewer
Sanitary+Storm
Utilities
Yes

Building and exterior

Building area
9,078 Square Feet

More

Possession
Owner Flexible But Prefer Summer 2026
Cross street
Bookended by York Region's First and Only Boutique Hotel, The Postmark Hotel and Local'e Newest Restaurant, Bar Locale

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%
    7 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%
    16 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 No mapped hazard

Not inside a mapped flood plain or regulated area.

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). 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 Transit1.4 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 COLDWELL BANKER THE REAL ESTATE CENTRE.

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

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