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72 Prospect Street

Newmarket, ON L3Y 3T2

ActiveFor Sale
0 Beds
2 Baths
3,237 Sq Ft
Commercial

About This Property

Medical Building for Sale, Prime Location Across from Southlake Hospital! Fully renovated from Top to Bottom with permits (See Schedule C). New Layouts with Insulated walls (Noise and Temperature). New Ceramic Floors. This exceptional property presents a rare opportunity for medical professionals, investors, or business owners seeking a strategic and highly visible location. MU-1 zoning permits a wide variety of uses, including Medical or Dental Clinic, Laboratory, Commercial School, Art Gallery, Professional Office, Institutional Daycare, Vet Clinic, and Residential Uses (Zoning by-law available upon request). 8 on-site parking spaces plus 2-hour free curbside parking on surrounding streets. Excellent curb appeal and flexible layout make this property ideal for owner-occupiers or investors looking to establish or expand in a high-demand medical corridor.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size3,237 sq ft
Bedrooms0
Bathrooms2
Postal CodeL3Y 3T2
Last UpdatedAug 8, 2026 · 5:54 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12842830

Listed by CENTURY 21 HERITAGE GROUP 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.

$1,998,888

asking price

MLS®N12842830
TypeCommercial
CityNewmarket
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$9,761

/month · $1,599,110 mortgage

Down Payment20% — $399,778
Interest Rate5.5%

Amortization

Total Interest

$1,329,139

Total Cost

$2,928,249

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

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Listed By

CENTURY 21 HERITAGE GROUP LTD.