589 Queen Street
York
L3Y 2H8
$3,250,000
Residential Freehold
beds: 14
baths: 9.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- N12164532
- Bedrooms:
- 14
- Bathrooms:
- 9
- Photos (13)
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Welcome to 589 Queen St and Historic 75 Prospect St. Two legal fourplexes Offering a total of 8 fully tenanted suites! Situated in an exceptional Newmarket location, this unique investment opportunity features two well-maintained multi-residential buildings on one lot. Enjoy unbeatable proximity to Historic Downtown Newmarket, where you'll find charming restaurants, patios, bars, year-round entertainment, Fairy Lake Park, boutique shopping, and more.Commuters will appreciate the easy access to public transit, the GO Train, Highway 404, and nearby amenities including schools and Southlake Regional Health Centre. 8 Total Units: One 3-Bedroom, Four 2-Bedroom, One 1-Bedroom, and Two Bachelor Suites. 11 surface parking spaces on two driveways. Dual road frontage for added convenience. Stable tenancies and consistently well maintained. Long-term growth potential, easy-to-manage asset in a high-demand area.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Multiplex
- Home Style:
- 3-Storey
- Total Approx Floor Area:
- 5000 +
- Depth:
- 164'11"
- Frontage:
- 100'8"
- Lot Shape:
- Irregular
- Direction Faces:
- North
- Bedrooms:
- 14
- Bathrooms:
- 9.0
- Water supply:
- Municipal
- Kitchens:
- 8
- Bedrooms Above Grade:
- 14
- Kitchens Above Grade:
- 8
- Rooms Above Grade:
- 23
- Zoning:
- R3-L, R4-M, ICBL
- Heating type:
- Other
- Heating Fuel:
- Gas
- Foundation:
- Stone, Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Unfinished
- Fireplace/Stove:
- Yes
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 11
- Total Parking Spaces:
- 11.0
- Family Room:
- No
- Possession Details:
- 30-60 TBD
- Pool:
- None
- HST Applicable To Sale Price:
- In Addition To
- Assessment Year:
- 2024
- Taxes:
- $11,289.49 / 2024
- Assessment:
- $- / 2024
- Newmarket
- Gorham-College Manor
- York
- Hospital, Public Transit
- Other
- 8 Fridges, 8 Stoves, 1 Dishwasher, 1 Coin-Op Washer/Dryer, 1 Gas Boiler, 1 FAG Furnace, 3 HWT (2-Rental,1Owned)
- Brick
- No
- Special Designation:
- Other
- Sewers:
- Sewer
- Air Conditioning:
- Other
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Date Listed:
- May 22, 2025
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Listed by MAIN STREET REALTY LTD.
Data was last updated May 22, 2025 at 04:15 PM (UTC)
- SHEILA STEWART
- MAIN STREET REALTY LTD., BROKERAGE
- 1 (647) 3003396
- Contact by Email
S
W
Sheila Stewart realtor
Main Street Realty Ltd., Brokerage
Office Address:
150 MAIN STREET S.
Newmarket, ON, L3Y 3Z1