48 Prospect Street A&B
Newmarket, L3Y 3S9
FOR SALE
$2,690,000

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Industrial
CATEGORY4,218 Sq Ft
OFFICE/APT AREAN12941634
MLSIDContact Us
Property Description
This exceptional 10434 sq. ft. offers a rare blend of functionality, flexibility, and efficiency-ideal for a wide range of industrial users. Featuring 18-foot clear ceiling height, the unit provides ample vertical capacity for racking, equipment, or storage. Updated electrical service supports light to medium industrial operations, while two drive-in shipping doors ensure seamless logistics and operational flow.A dedicated office area allows for administrative use and client interaction, with clear separation from the warehouse floor. The layout is open and adaptable, suitable for manufacturing, warehousing, assembly, and distribution.An additional residential component above the office offers flexible use as either office space or living quarters.Full list of permitted uses available, there is also a residential component above office that can be used as additional office as well as residential. phase 1 and 2 have been completed and its clean for Mortgage. Seller may entertain VTB. Floor plan is attached. Apx 8 parking space in the back. Playground. Potential CMHC rental development
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Property Details
Address
48 Prospect Street A&B
Community
City
Postal Code
L3Y 3S9
Property Type
Industrial, Industrial
Use
Free Standing
Zoning
MU-1. ( zoning doc attach)
Lot Size
66' x 148'
Office Area
4,218 Sq Ft
Industrial Area
6,216 Sq Ft
Taxes
$17,204 (2026
Heat Type
None
Water
Municipal
Garage Type
Lane
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Listing contracted with Re/Max Hallmark Realty Ltd.
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