443 Timothy Street

Newmarket, ONMulti-family
$2,950,000
MLS® N13523576
Multi-family15 total[object Object]
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About This Property

Rare offering for investors, for those looking to retire with an income, and for families. This 7 1/2 year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Locations, Mature Trees & Quiet Streets. This Large Property has generous parking for 15 cars, a designated BBQ area with picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is fully finished with a central laundry room plus 2 residential units boasting large above ground picture windows. All units have front & rear door entry. The fire inspections are up to date. Three of the units have stair chair lift ability on the units rear access. Each unit has its own furnace & central air conditioning unit with individual thermostat controls, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events & Concerts & a Seasonal Farmer's Market. Minutes to walk to enjoy the many Restaurants, Patios & Pubs, Shops and so much more... Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. Ideal for 'Downsizers' not wanting a Retirement Home room but a unit in their building with income. Great Opportunity for Immigrants moving to Canada with additional family members...each have their own unit + income from additional units. Must be seen...**EXTRAS** 6 fridges, 6 stoves, 6 B/I dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces. (id:63604)

Key Facts

Type
Multi-family
Size
10,086 sqft
Lot
78.16 x 123.75 FT
Parking
15 total

Highlights

  • Washer
  • Dryer
  • Window Coverings
Property Details 13 details
Parking
15 parking spaces
Living area
10,086 sq. ft.
Property
Multi-family · Attached
Property subtype
Multi-family
Structure type
Multi-Family
Attached status
Attached
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No
Lot dimensions
78.16 x 123.75 FT
Frontage
78.10 feet
Taxes
$12,599.00
Zoning
R5-S
Water source
Municipal water

Interior features

WasherDryerWindow Coverings

Lot and water

Irregular lot size
Mortgage & Affordability Estimate monthly costs
Purchase price$2,950,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Central Newmarket
City
Newmarket
Postal code
L3Y 1P7
Nearby
Cross Streets: Main+Timothy+Church. ** Directions: Main or Church to Timothy.