11 Main St S
Central Newmarket, Newmarket, L3Y 3Y1
FOR SALE
$1,470,000

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BEDROOMS1
BATHROOMS1 + 1
KITCHENS3
ROOMSN8172270
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Property Description
Attention investors, residential duplex fully leased out for sale. Located on the main corner of Davis Dr and Main St. Part of a land assembling or purchase on its own. part of the urban center, mixed use development.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-11-24 | 2021-12-21 | 27 | $1,000 | $1,000 | Leased |
Extras
Zoned Residential Duplex C7, can be assembled with 13/15/21 Main Street as well.
Nearby Intersections
Main & Davis (18)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
32' x 132'
Fronting
South
Taxes
$3,919 (2023)
Basement
Full
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
Detached
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Newmarket Market Statistics
Newmarket Price Trend
11 Main St S is a 3-bedroom 1-bathroom home listed for sale at $1,470,000, which is $366,065 (33.2%) higher than the average sold price of $1,103,935 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $67,060 (6.5%) compared to the previous 30 day period (December 22 - January 20) and up $87,569 (8.6%) from the same time one year ago.Inventory Change
There were 41 3-bedroom homes listed in Newmarket over the last 30 days (January 21 - February 19), which is up 95.2% compared with the previous 30 day period (December 22 - January 20) and up 2.5% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($4,584) (0.4%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,189 increase compared to the previous 30 day period (December 22 - January 20) and $20,001 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Newmarket over the last 30 days (January 21 - February 19) stood at 41.5%, down from 57.1% over the previous 30 days (December 22 - January 20) and down from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 1-bathroom home in Newmarket stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 76 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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