21 Main St S

FOR SALE
$1,288,800
21 Main St S, Newmarket
21 Main St S
21 Main St S
21 Main St S
21 Main St S
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3
BEDROOMS
3
BATHROOMS
2
KITCHENS
5
ROOMS
N8268484
MLSID
Contact Us
Property Description
Attention Investors! Great 3-plex fully leased out, $4100 per month, located on a corner, perfect for an end user, zoned mu-i, part of a future land assembly.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2022-07-12 2022-10-12 92 $1,350 $1,350 Leased
2019-01-13 2019-02-25 43 $1,100 $1,100 Leased
Extras
2 (1) bed units, 1 commercial corner lot.
Nearby Intersections
Property Details
Street
Property Type
Detached, 2-Storey
Lot Size
39' x 132'
Fronting
East
Taxes
$7,734 (2023)
Basement
Other, Sep Entrance
Exterior
Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Other
Water
Municipal
Parking Spaces
6
Driveway
Available
Garage Type
None
Newmarket Market Statistics
Newmarket Price Trend
21 Main St S is a 3-bedroom 3-bathroom home listed for sale at $1,288,800, which is $317,558 (32.7%) higher than the average sold price of $971,242 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 3 bedroom home in Newmarket declined by $31,339 (3.1%) compared to the previous 30 day period (September 21 - October 20) and up $70,042 (7.8%) from the same time one year ago.
Inventory Change
There were 43 3-bedroom homes listed in Newmarket over the last 30 days (October 21 - November 19), which is down 23.2% compared with the previous 30 day period (September 21 - October 20) and down 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Newmarket typically sold ($12,878) (1.3%) below asking price over the last 30 days (October 21 - November 19), which represents a $609 increase compared to the previous 30 day period (September 21 - October 20) and $4,729 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 (October 21 - November 19) stood at 76.7%, up from 57.1% over the previous 30 days (September 21 - October 20) and up from 30.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Newmarket stood at 29 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Your Community Realty
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