589 Steven Court photo 1
589 Steven Court photo 2

589 Steven Court

Stonehaven-Wyndham / Newmarket, ON L3Y 6Z3

ActiveFor Sale
0 Beds
0 Baths
21,000 Sq Ft
2 Lot Sq Ft
Commercial
Virtual Tour Available

About This Property

Welcome to 589 Steve Court, an exceptional 2.236-acre property featuring a 21,000 sq. ft. industrial building zoned Mixed Employment (EMI)-offering incredible flexibility for a wide range of permitted uses.Zoning allows for medical building, hotel, light manufacturing, office, public storage, warehouse, and more. The existing building is currently leased to seven separate tenants, providing stable income with future development potential. A 1-acre side lot offers excellent possibilities for building expansion or potential severance, enhancing long-term value and versatility for investors or end-users.This highly desirable location is minutes from Mulock Drive, Bayview Avenue, Yonge Street, and Highway 404, with public transit, GO Transit, and Southlake Regional Health Centre all close by. The property is also near Pickering College, Fairy Lake Park, and major recreational centers-making it ideal for future mixed-use or institutional development.Within walking distance to the proposed Mulock GO Station and the Proposed Major Transit Station Area (MTSA), this site offers prime positioning for future growth and transit-oriented opportunities.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size21,000 sq ft
Lot Size2 sq ft
Bedrooms0
Bathrooms0
Postal CodeL3Y 6Z3
Last UpdatedAug 8, 2026 · 5:25 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12481598

Listed by HARVEY KALLES REAL ESTATE LTD.

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.

$12,499,000

asking price

MLS®N12481598
TypeCommercial
CityNewmarket
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$61,034

/month · $9,999,200 mortgage

Down Payment20% — $2,499,800
Interest Rate5.5%

Amortization

Total Interest

$8,311,080

Total Cost

$18,310,280

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

HARVEY KALLES REAL ESTATE LTD.