Welcome to 589 Queen St and Historic 75 Prospect St. Two legal fourplexes Offering a total of 8 fully tenanted suites! Situated in an exceptional Newmarket location, this unique investment opportunity features two well-maintained multi-residential buildings on one lot. Enjoy unbeatable proximity to Historic Downtown Newmarket, where you'll find charming restaurants, patios, bars, year-round entertainment, Fairy Lake Park, boutique shopping, and more.Commuters will appreciate the easy access to public transit, the GO Train, Highway 404, and nearby amenities including schools and Southlake Regional Health Centre. 8 Total Units: One 3-Bedroom, Four 2-Bedroom, One 1-Bedroom, and Two Bachelor Suites. 11 surface parking spaces on two driveways. Dual road frontage for added convenience. Stable tenancies and consistently well maintained. Long-term growth potential, easy-to-manage asset in a high-demand area.
For sale
C$3,250,000
589 Queen St, Newmarket, ON L3Y 2H8
14beds
9baths
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Surface parking spacesDual road frontage
- 8 days
- on Zillow |
- 28 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: May 23, 2025 at 07:20am
Listed by:
MAIN STREET REALTY LTD.
Source: TRREB,MLS®#: N12164532
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 9
Heating
- Other, Gas
Cooling
- Other
Features
- Other
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Living area range: 5000 + null
Video & virtual tour
Property
Parking
- Total spaces: 11
Features
- Stories: 3
- Pool features: None
Lot
- Size: 0.35 Acres
- Features: Hospital, Public Transit, Irregular Lot
Details
- Parcel number: 036100048
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Stone, Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Newmarket
Financial & listing details
- Annual tax amount: C$11,289
- Date on market: 5/22/2025
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