For Sale
78 Main Street S
Central Newmarket, Newmarket, ON
$1,049,900
0Bd
0Ba
—sqft
50 x 115.8 ftlot
CommercialMLS# N12678610Listed 2026-01-08104 DOM
On the market for 104 days — longer than average. The seller may be open to negotiation.
About this home
Turn of the (last) century beauty ideal for owner / user office space! Significantly upgraded and restored Great exposure and prestige location just steps to the downtown stores, restaurants, transit, Riverwalk Commons and the Go Train. Suits one or two units for income. Zoning is UC-D1 which permits many commercial / institutional / professional / education / retail / and residential uses. Located in the Historic Downtown Urban Centre Zone, but not listed or designated historic. Private driveway with parking for 8 cars plus ample free street parking. Stairwell to unfinished 3rd floor provides storage with the opportunity to finish with dormers for more office space. The basement has good height for storage and a back flow valve. The garage is heated and insulated.
Garage
Features
- Yes
Financials
Annual Taxes
$9,252
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield2.9% – 9.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Newmarket
Days on market104 days
Buyer's MarketSeller's Market
Based on active listings in Newmarket. Data updates daily.
Demographics — Newmarket
Population
87,942
Avg Household Income
$118,000
Age Distribution
0-19
22%
20-34
17%
35-49
20%
50-64
22%
65+
19%
Ownership76% own · 24% rent
EnglishFrenchFarsiRussianMandarin
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
54
/ 100
Walk Score
Somewhat Walkable
45
/ 100
Transit Score
Some Transit
48
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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