Welcome to this remarkable commercial retail located in the coveted neighborhood of Armitage. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $21 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.
Prime Retail/Commercial Space With Great Exposure To The Very Busy Mulock Drive* Well Maintained Building With Plenty Of Parkings** Great Retail Space Or Professional Offices, Entertaining Club* Medical Clinic ,Or Food Take Out * Both Unit 1 And 2 Are Used Together For The Insurance Company* The Landlord Prefers to Lease Both the Unit Together But Unit 2 Can Be Leased Separately .
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This could be the first listing for this address.
Data-driven valuation for 120 Mulock Drive 1 & 2, Newmarket, ON L3Y 7C5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Newmarket.
About Purchasing a Home in Newmarket, ON
For a property listed at $21 in Newmarket, the legal minimum down payment is $1 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $0 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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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.