15 Main St S
Central Newmarket, Newmarket, L3Y 3Y1
FOR SALE
$1,849,000
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5
BEDROOMS0
BATHROOMS0
KITCHENS6
ROOMSN8175524
MLSIDContact Us
Property Description
Attention Investors! Amazing opportunity to own your own Multiplex zoned urban centre, (1) commercial unit and 5 (3) one bedroom. Apts and (2) two bed. Apts. Units fully leased out. Part of a future land assembly, will not last long! Fully leased @ $7302.76 per month.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2021-06-17 | 2021-08-03 | 47 | $1,400 | $1,450 | Leased |
Extras
Property Part of a Future Land Assembly. Tremendous Development Opportunity!! All Showings Require 24 Hrs Notice. Also property has own private parking lot on 446 Simcoe St which is part of the deed.
Nearby Intersections
Main & Davis (28)
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Lot Size
36' x 132'
Fronting
South
Taxes
$7,046 (2023)
Basement
Full
Exterior
Metal/Side
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
12
Driveway
Available
Garage Type
Built-In
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Newmarket Market Statistics
Newmarket Price Trend
15 Main St S is a 5-bedroom 0-bathroom home listed for sale at $1,849,000, which is $24,000 (1.3%) higher than the average sold price of $1,825,000 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 5 bedroom home in Newmarket increased by $16,000 (0.9%) compared to the previous 30 day period (February 26 - March 26) and up $103,500 (6.0%) from the same time one year ago.Inventory Change
There were 12 5-bedroom homes listed in Newmarket over the last 30 days (March 27 - April 25), which is up 50.0% compared with the previous 30 day period (February 26 - March 26) and up 1,100.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Newmarket typically sold ($88,956) (4.9%) below asking price over the last 30 days (March 27 - April 25), which represents a $109,956 decrease compared to the previous 30 day period (February 26 - March 26) and $130,056 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 5-bedroom homes in Newmarket over the last 30 days (March 27 - April 25) stood at 41.7%, up from 25.0% over the previous 30 days (February 26 - March 26) and down from 200.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 0-bathroom home in Newmarket stood at 18 days when successfully sold over the last 30 days (March 27 - April 25), compared to 33 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty
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