Investment for Sale: 366-370 Penn Avenue, Bristol-London, Newmarket
- 18 baths |
- 15468 SQFT
Description
Commercial Investment For Sale.
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.
Community Features: Major Highway, Public Transit
Cross Street: Penn Ave and Vincent St
Key Facts
- Days on: 0 days
- Mls Status: New
- Bathrooms Total Integer: 18
- Lot Type: Lot
- Lot Width: 168.00
- Parking Spaces: 24
- Garage Type: None
- Heat Type: Water Radiators
- Cooling: No
- Building Area Total: 15468 Square Feet
- Lot Size Area: 23516 SquareFeet
Location 366-370, Penn, Bristol-London, Newmarket
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