366-370 Penn AVE S, Newmarket, ON L3Y 2S9
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366-370 Penn AVE S, Newmarket, ON L3Y 2S9
366-370 Penn AVE S, Newmarket, ON L3Y 2S9
366-370 Penn AVE S, Newmarket, ON L3Y 2S9
366-370 Penn AVE S, Newmarket, ON L3Y 2S9
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Lia Del Bonifro

Lia Del Bonifro

+1(416) 819-7499
$ 5,980,000
Est. payment /mo
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366-370 Penn AVE S Newmarket, ON L3Y 2S9

18 Baths

15,468 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 15,468 sqft

Price per Sqft $386

Subdivision Bristol-London

MLS Listing ID N14137264

Annual Tax Amount $21,781

Tax Year 2025

Lot Size 0.540 Acres

Property Sub-Type Investment

Property Description

Rarely offered 19-unit multifamily investment (mix of studio, 1- and 2-bedroom suites) located at 366-370 Penn Ave in the heart of Newmarket, Ontario, a location tenants want. Excellent investment property with lots of upside. This building features a modern stucco exterior, recently replaced windows, a new roof, freshly painted common areas, a master keyed lock system, an AI camera security system, fob-controlled intercom access and many updates throughout,. This building has been professionally managed and well cared for. All units show well and are spacious, with a great tenant base and no LTB issues. Southlake Hospital is only a 2-minute drive or under a 15-minute walk away. The Newmarket GO Station is a 5-minute walk or 2-minute drive and offers regular weekday service to Union Station, ideal for commuters. Upper Canada Mall, with its 250 stores and services, is a short drive away, and everyday shopping is close by. Public, private and Catholic schools are all nearby, making this a sought-after address for families. Easy access to Highway 404 connects you to the GTA and beyond. Walkable, transit-connected and close to a major employer in Southlake Hospital, this is the kind of location that keeps units full and demand strong. Walk-throughs begin Monday, November 9th at 10 am. Listing broker has an interest in the property. Contact listing broker for offering memorandum.

Location

Province ON

County York

Area York

Interior

Cooling No

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 168.0

Lot Depth 268.0

Building

Building Age 31-50

Others

Security Features No

ParcelsYN No

Listed by LEAF AND PALM REALTY CORP.
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366-370 Penn AVE S

Lia Del Bonifro

Lia Del Bonifro

Real Estate Sales Representative

+1(416) 819-7499

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