38 Parkside Drive, Newmarket, ON

$585,000
MLS#:N12917212
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] sale of business located in the coveted neighborhood of Central Newmarket. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $585,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Convenient plaza garage included
  • equipped with ["yes"] central cooling and highly efficient gas forced air closed heating

** WELL ESTABLISHED NORDIC STYLE SAUNA BUSINESS LOCATED IN THE CENTRE OF NEWMARKET ** OPERATING SINCE 2019 ** STEADY CLIENTELLE WITH STEADY REVENUE ** LARGE STEAM AND INFRARED SAUNAS ** TURKISH STEAM SAUNA ** COLD WATER BUCKETS TO COOL OFF ** MEN'S & WOMEN'S CHANGE ROOMS ** SHOWERS ** LOCKER ROOMS ** COZY LOUNGE AREA ** SHOWER FOR THE DISABLED ** COLD WATER SHOWERS ** FULL EQUIPPED KITCHEN WITH DINING ROOM AND LLBO LICENSE ** ENJOY TRADITIONAL FOODS AND A VARIETY OF COMPLIMENTARY TEAS WHILE RELAXING ** COOL WATER POOL ** BATHROOMS ** LAUNDRY MACHINES ** RECEPTION AREA ** OFFICE ** HOT WATER TANK & 2 TANKLESS WATER HEATERS ** WATER FILTERS ** CURRENT LEASE AGREEMENT IS FOR 5 YEARS EXPIRING NOVEMBER 30,2029 WITH AN OPTION TO RENEW FOR 5 MORE YEARS ** GROSS MONTHLY RENT IS $5,600 INCLUDING NET RENT, TMI, WATER & HST ** APPROX 2896 SQ FT **

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date3/24/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyYork
Annual Tax$0

Parking & Garage

Garage TypePlaza

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Yes"]

Features

Property Features

Community Features

Location

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38 Parkside Drive, Newmarket, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 38 Parkside Drive 9, Newmarket, ON L3Y 8J9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$468,000
Monthly Mortgage$2,719
Property Tax (Est.)$0
Utilities & Maint.$350
Total Monthly Cost$3,069

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Newmarket.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Central Newmarket, Newmarket.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$876,404

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Stuart Scott
Public247 Lorne Avenue, Newmarket, Ontario, L3Y 4K5
7.9
Rogers
Public256 Rogers Road, Newmarket, Ontario, L3Y 1G6
7.8
Maple Leaf
Public155 Longford Drive, Newmarket, Ontario, L3Y 2Y7
5.3
Canadian Martyrs
Public170 London Road, Newmarket, Ontario, L3Y 6R5
6.6
Prince Charles
Public684 Srigley Street, Newmarket, Ontario, L3Y 1W9
4.7

Secondary Schools

Sir William Mulock
Public705 Columbus Way, Newmarket, Ontario, L3X 2M7
6.6
Huron Heights
Public40 Huron Heights Drive, Newmarket, Ontario, L3Y 3J9
6.1
Dr John M Denison
Public135 Bristol Road, Newmarket, Ontario, L3Y 8J7
5.6
Sacred Heart
Public908 Lemar Road, Newmarket, Ontario, L3Y 1R9
7.2

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.