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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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48 Prospect Street #A&B Newmarket
For SaleNewmarket

48 Prospect Street #A&B Newmarket, Industrial for Sale

MLS® N12941634

Newmarket, ON

226 days on market
$2,690,000
Show on Map
Show on Map
N/ABeds
N/ABaths
10,434Sqft
N/AParking
Industrial

Overview· 48 Prospect Street #A&B Newmarket

MLS® #N12941634

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

Exclusions

NONE

Broker

RE/MAX HALLMARK REALTY LTD.

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Walk Score®85Very WalkableVery Walkable
Transit Score®45Some TransitSome Transit
Bike Score®77Very BikeableVery Bikeable
Schools519 schools within 1.5 km · nearest 647 m9 schools within 1.5 km · nearest 647 m
Parks636 parks within 1 km · nearest 437 m6 parks within 1 km · nearest 437 m
Convenience5311 groceries, cafes and pharmacies within 1 km · nearest 151 m11 groceries, cafes and pharmacies within 1 km · nearest 151 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 48 Prospect Street #A&B Newmarket

Source: MLS® listing data
48 Prospect Street #A&B Newmarket

Industrial

48 Prospect Street #A&B Newmarket

Newmarket

Type

Industrial

Parking

Lane

Property Tax

~$17,204/yr

Heating

None

Buying Essentials

Square Feet

10434 sqft

Parking

Lane

Finances

List Price

$2,690,000

Price per SQFT

$258/sqft

Property Tax

~$17,204/yr

Property Specs

Property Type

Industrial

MLS Size

10434 sqft

Living & Amenities

Heating Type

None

Policies & Utilities

Neighbourhood

Newmarket

Listed On

Mar 26, 2026

Public Transit

Price & Listing History

Days on Market

Current: 226 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 48 Prospect Street #A&B Newmarket.

Source: No verified source available.Catchment boundaries and ratings are shown only when available.

No verified nearby school records were found for this property location.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$10,820/mo
Property Tax$1,434/mo
Total Monthly$12,253

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0