+ 24 photos
505 Queen Street, Newmarket, ON L3Y 2H3
Newmarket · Central Newmarket
For Sale · Commercial Retail
505 Queen Street, Newmarket, ON L3Y 2H3
Newmarket · Central Newmarket
2 weeks ago
$3,999,000
▶ Virtual Tour
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Beds
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Baths
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Parking
0.437 sq ft
Sq ft
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Built
About this home
- Commercial building with two floors and 6,000+ square feet in Newmarket
- Main floor has 14' clear height; second floor ceiling height 11'3"
- Three retractable glass overhead garage doors (sizes: 12'4"x9'9", 18'4"x8'10", 18'6"x9'11")
- Mechanical systems: 400 amp electrical service, boiler, hydronic under-floor heating, security system with cameras
- Zoned UC-D2, permitting office, retail, school, medical clinic, restaurant, veterinary clinic, hotel, and other commercial uses
- Located near South Lake Hospital, Main Street Newmarket, Yonge Street, transit (Viva Bus, GO Train, GO Bus), and Highway 404
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$28,411.71 (2026)
Lot
154.6 × 123.92 Feet
Heating
Propane Gas
Cooling
Yes
MLS®
N13734614
Full details
Parking
GarageNone
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-09-02 | — | $3,999,000 | For Sale | N13734614 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$86,450
Legal · title · inspection$2,800
Closing costs$89,250
Down payment$799,800
Total cash to close$889,050
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
