1185 Stellar Drive
Newmarket, ON L3Y 7B8
About This Property
An established 8-bay self-serve car wash on a full acre at Davis Drive and Highway 404 in Newmarket. The property benefits from excellent visibility and steady traffic. With its large lot and prime location, the site also offers strong future redevelopment potential. Investors have the flexibility to maintain a stable income stream until the time is right to redevelop, making this a rare opportunity that combines immediate returns with long-term upside in a sought-after market.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N12446479
Listed by COLLIERS
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$14,625
/month · $2,396,000 mortgage
Amortization
Total Interest
$1,991,494
Total Cost
$4,387,494
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COLLIERS