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443 TIMOTHY STREET, Newmarket (Central Newmarket), Ontario, L3Y 1P7

MLS® # N9352508
Investment For Sale In Newmarket (Central Newmarket), Ontario
$3,450,000
443 Timothy Street, Newmarket (Central Newmarket), ON - Outdoor With Facade
443 Timothy Street, Newmarket (Central Newmarket), ON - Outdoor With Deck Patio Veranda
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Other Room
443 Timothy Street, Newmarket (Central Newmarket), ON - Outdoor With Exterior
443 Timothy Street, Newmarket (Central Newmarket), ON - Outdoor With Exterior
443 Timothy Street, Newmarket (Central Newmarket), ON -
443 Timothy Street, Newmarket (Central Newmarket), ON -
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Basement
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Laundry Room
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Kitchen With Double Sink
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Kitchen
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Living Room
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Living Room
443 Timothy Street, Newmarket (Central Newmarket), ON  - Outdoor With Facade
443 Timothy Street, Newmarket (Central Newmarket), ON  - Outdoor With Deck Patio Veranda
443 Timothy Street, Newmarket (Central Newmarket), ON  - Indoor Photo Showing Other Room
443 Timothy Street, Newmarket (Central Newmarket), ON  - Outdoor With Exterior
443 Timothy Street, Newmarket (Central Newmarket), ON - Outdoor With Exterior
443 Timothy Street, Newmarket (Central Newmarket), ON -
443 Timothy Street, Newmarket (Central Newmarket), ON -
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Basement
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Laundry Room
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Kitchen With Double Sink
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Kitchen
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Living Room
443 Timothy Street, Newmarket (Central Newmarket), ON - Indoor Photo Showing Living Room
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443 TIMOTHY STREET, Newmarket (Central Newmarket), Ontario, L3Y 1P7
$3,450,000

Property Information:

Rare offering for investors, those looking to retire with an income and large families. This seven year old extremely well maintained new build multi-residential property sits on one of Newmarket's Prime Location, Mature Treed & Quiet Streets. The building is vacant allowing for the new owner to capture the high market rental rates, Families to co-exist in all or part of the Building or Ideal for those retiring and realizing income. The large property has generous parking for 12 cars, a designated BBQ area with a picnic table under decades old shade trees to enjoy the seasons. The building has 2 units per floor while the basement is full, finished with 2 residential units boasting above ground picture windows, and a central laundry room. All floors have front and rear door entry. Three of the units have stair chair lift ability on the unit rear access. Each unit has its own furnace & central air conditioning unit, its own thermostat, its own 40 gallon gas fired hot water tank, individual hydro & gas meters etc. Full Sprinklers in each unit & a fire extinguisher on each floor. Security System & Cameras on Site. Access to the units is remote & visual. The Location is Prime. Minutes to walk to Designated Historic Downtown Newmarket, Fairy Lake Park, Year Round Cultural & Community Events and Concerts. Minutes to walk to enjoy the many Restaurants, Patios and Bars, Shops and so much more. Steps to Public Transit. Immediate Accessibility to Go Train, Schools, Public Library, Professionals, Southlake Regional Health Centre etc. etc. Must be seen..... **** EXTRAS **** 6 Fridges, 6 stoves, 6 hot water heaters, 6 dishwashers, 6 air conditioners, 6x40 gallon gas water heaters, 6 forced air gas furnaces (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Window Coverings

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Public Transit, Recreation
  • Irregular: Yes
  • Lot Depth: 123.8 Feet
  • Lot Frontage: 78.1 Feet
  • Lot Size: 78.16 x 123.75 FT
  • Zoning: R5-S
  • No. of Parking Spaces: 12

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Location of 443 TIMOTHY STREET, Newmarket (Central Newmarket), Ontario, L3Y 1P7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 443 TIMOTHY STREET , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

54/100

Moderate

ClimateCheck®

Current data

This property, 443 TIMOTHY STREET , experiences 11 significant 2-day storms per year, with about 284.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 352.2mm of precipitation per year.

Precipitation Per Storm

Past
284.3mm
2050
352.2mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 443 TIMOTHY STREET, Newmarket (Central Newmarket), Ontario, L3Y 1P7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$156,228.77

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.22 %

High school certificate or equivalent

24.29 %

Apprenticeship trade certificate/diploma

3.99 %

College/non-university certificate

21.54 %

University certificate (below bachelor)

2.89 %

University Degree

32.06 %

Commuter

Travel To Work

By Car

79.75 %

By Public Transit

7.04 %

By Walking

10.23 %

By Bicycle

0.56 %

By Other Methods

2.42 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

40.44 %

Houses

59.56 %

Own Vs. Rent