9
$5,980,000 Sale
Listed 13 hours ago
366-370 Penn Avenue S
· 0
· 19
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Key Facts
Key facts for 366-370 Penn Avenue S
Property Type
Commercial
Parking
None
MLS #
N14137264
Size
-
Basement
-
Listed on
2026-11-01
Lot size
168 x 268.0
Tax
$21,781 /yr
Days on Market
1
Approximate Age
31-50
Maintenance Fee
-
Description
Rarely offered 19-unit multifamily investment (mix of studio, 1- and 2-bedroom suites) located at 366-370 Penn Ave in the heart of Newmarket, Ontario, a location tenants want. Excellent investment property with lots of upside. This building features a modern stucco exterior, recently replaced window...s, a new roof, freshly painted common areas, a master keyed lock system, an AI camera security system, fob-controlled intercom access and many updates throughout,. This building has been professionally managed and well cared for. All units show well and are spacious, with a great tenant base and no LTB issues. Southlake Hospital is only a 2-minute drive or under a 15-minute walk away. The Newmarket GO Station is a 5-minute walk or 2-minute drive and offers regular weekday service to Union Station, ideal for commuters. Upper Canada Mall, with its 250 stores and services, is a short drive away, and everyday shopping is close by. Public, private and Catholic schools are all nearby, making this a sought-after address for families. Easy access to Highway 404 connects you to the GTA and beyond. Walkable, transit-connected and close to a major employer in Southlake Hospital, this is the kind of location that keeps units full and demand strong. Walk-throughs begin Monday, November 9th at 10 am. Listing broker has an interest in the property. Contact listing broker for offering memorandum.
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Courtesy of: LEAF AND PALM REALTY CORP.