For Sale

1208 Gorham Street Unit# 5&6, Newmarket, Ontario L3Y 8Y9

$0

1208 Gorham Street Unit# 5&6, Newmarket, Ontario L3Y 8Y9 is For Sale and has a listing price of 4,000,000. The property is located in the Newmarket neighbourhood . It's been on the website for 66 Days.

  • Industrial
    Property Type
  • MLS ID: N12289340
  • Office Name RE/MAX REALTRON REALTY INC.
Property Description

Exceptional opportunity to acquire a well-established automotive franchise business with property ownership in the heart of Newmarket’s premier industrial corridor. This 5,594 sf. combined industrial condo (Units 5 & 6) offers 18′ clear height, two grade-level drive-in doors, office space, and a partial sprinkler system. In continuous operation since 2014, the business enjoys strong brand presence, exclusive referral relationships with two major insurance providers, and a loyal, growing customer base. Zoned EG-12, supporting a wide range of permitted uses, and ideally situated with excellent access to Hwy 404, GO Transit, and major arterials. A rare, turn-key investment with both operational income and long-term real estate value.

Property Details
  • MLS ID: N12289340
  • Price: $4,000,000
  • Lot Depth: 115
  • Transaction Types: For Sale
  • Ref ID: N12289340
  • Year Built: N/A
  • Dir / Cross St: Leslie / Gorham
  • Status: Active
  • Tax Year: 2025
  • Municipality District: Newmarket
  • Property Type: Industrial
  • Property Type: Commercial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/16/2025 N12289340 $4,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Newmarket
  • $1,212,637 Average List Price
    based on 1 year
  • 582 New Listings
    based on 30 days
  • 56 Median Days on Market
    based on 1 year
  • List vs. Selling Price 121.4 % Up
  • Sold (12mo) 820
  • Rented (12mo) 708

  • 1 Month Change +343.2%
  • 3 Month Change -5.9%
  • 6 Month Change -27.6%
Walkscore
  • 50 Walk Score
    Car-Dependent
  • 36 Transit Score
    Some Transit
  • 29 Bike Score
    Somewhat Bikeable
Property Type Distribution
  • All Houses
    82.38%
  • Commercial
    5.68%
  • Condo
    11.9%
  • Land for Sale
    0.03%
Additional Details
  • Heat Type Gas Forced Air Open
  • Heating System Y
  • Garage Type Outside/surface
  • Taxes: $15,340
  • Last Status Y
  • Original Price: $4,500,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 16/07/2025 19:34:13
Want to see this property?