11 Main St S

FOR SALE
$1,470,000
11 Main St S, Newmarket
11 Main St S
11 Main St S
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3
BEDROOMS
1
BATHROOMS
1 + 1
KITCHENS
3
ROOMS
N8172270
MLSID
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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.
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
Property Details
Street
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
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 $372,322 (33.9%) higher than the average sold price of $1,097,678 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 3 bedroom home in Newmarket increased by $7,590 (0.7%) compared to the previous 30 day period (February 26 - March 26) and down $18,548 (1.7%) from the same time one year ago.
Inventory Change
There were 67 3-bedroom homes listed in Newmarket over the last 30 days (March 27 - April 25), which is down 1.5% compared with the previous 30 day period (February 26 - March 26) and up 1.5% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold $8,196 (0.7%) above asking price over the last 30 days (March 27 - April 25), which represents a $30,055 decrease compared to the previous 30 day period (February 26 - March 26) and $47,388 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 (March 27 - April 25) stood at 83.6%, up from 51.5% over the previous 30 days (February 26 - March 26) and up from 72.7% 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 9 days when successfully sold over the last 30 days (March 27 - April 25), compared to 42 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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