589 Queen Street
589 Queen Street
589 Queen Street
+10
14
 bed
9
 bath
11
 parking
5000 - 65535
 sqft
Multiplex
$3,250,000
For Sale
3 days
 on site
$3,250,000
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Size
-
Lot size
15271 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$50 - $650
Taxes
$11,289.49 (2024)
Parking Type
-
Style
3-Storey
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Description
Welcome to 589 Queen St and Historic 75 Prospect St. Two legal fourplexes Offering a total of 8 fully tenanted suites! Situated in an exceptional Newmarket location, this unique investment opportunity features two well-maintained multi-residential buildings on one lot. Enjoy unbeatable proximity to Historic Downtown Newmarket, where you'll find charming restaurants, patios, bars, year-round entertainment, Fairy Lake Park, boutique shopping, and more.Commuters will appreciate the easy access to public transit, the GO Train, Highway 404, and nearby amenities including schools and Southlake Regional Health Centre. 8 Total Units: One 3-Bedroom, Four 2-Bedroom, One 1-Bedroom, and Two Bachelor Suites. 11 surface parking spaces on two driveways. Dual road frontage for added convenience. Stable tenancies and consistently well maintained. Long-term growth potential, easy-to-manage asset in a high-demand area.
Broker: MAIN STREET REALTY LTD.
MLS®#: N12164532
Property details
Parking:
11
Parking type:
-
Property type:
Multiplex
Heating type:
Other
Style:
3-Storey
MLS Size:
5000-65535 sqft
Lot front:
100 Ft
Lot depth:
164 Ft
Listed on:
May 22, 2025
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Instant estimate:
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$240,639
lower than listed price
i
High
$3,159,829
Mid
$3,009,361
Low
$2,858,893
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About 589 Queen Street

589 Queen Street is a Newmarket multiplex for sale. 589 Queen Street has an asking price of $3250000, and has been on the market since May 2025. This 5000-65535 sqft multiplex has 14 beds and 9 bathrooms. 589 Queen Street, Newmarket is situated in Gorham-College Manor, with nearby neighbourhoods in Central Newmarket, Huron Heights, Bristol-London and Newmarket Industrial Park.

There are a lot of great restaurants around 589 Queen St, Newmarket. If you can't start your day without caffeine fear not, your nearby choices include Tim Hortons. Nearby grocery options: Variety Food Mart is a 6-minute walk.

If you are looking for transit, don't fear, there is a Bus Stop (DAVIS DR / BOLTON AV) a 3-minute walk.