Listed for:Listed Apr 1, 2026
$1,550,000

379 Simcoe Street

Newmarket (Central Newmarket), ON L3Y 2M4

Multiplex For Sale
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Sale & Price History for 379 Simcoe Street, Newmarket, Central Newmarket

No listing history available

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About 379 Simcoe Street, Newmarket, Central Newmarket

Summarized Description

  • Turnkey investment property in Old Newmarket.
  • Five separate rental units with unique layouts.
  • All units feature separate entrances.
  • Fully tenanted, generating immediate income.
  • Ample parking available for all units.
  • Close proximity to amenities and transit.
  • Shared coin laundry facility in the basement.
  • Large lot offers potential for future development.

Attention Investors/Landlords!!!.. Welcome to 379 Simcoe St in the heart of Old Newmarket. Turnkey 5 Unit Multiplex that consists of 1 x 3 Bedroom unit Main floor, 1 x 2 Bedroom Unit plus loft second floor, 1 x 2 Bedroom Unit plus loft upper floor, 1 x 1 Bedroom basement Unit and an additional 1 x 1 Bed Basement unit. All units have separate entrances! Shared Coin Laundry in basement. Close to all amenities and transit. Large lot with ample parking for all units in back. Fully tenanted.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,074
Land Transfer Tax Fee
$27,475

Basement Type
Finished

Interior Features

Interior Extras
Accessory Apartment
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2 1/2 Storey

Construction

Exterior Finish
Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
66.07 ft
Lot Depth
146.39 ft
Lot Size
9583

Inclusions

Inclusions
All existing appliances: 5 x Fridge, 5 x Stove, Furnace, 1 x Dishwasher, Coin operated Washer/DryerTenant

Exclusions

Exclusions
Tenant belongings

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
16
Total Garage And Parking Spaces
17

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Municipal
Sewers
Sewer

Bedrooms
9
Washrooms
5
Kitchens
5
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level
  • Family Room—
    Main level, Walk-Out
  • Primary Bedroom—
    Main level, 2 Pc Ensuite
  • Bedroom 2—
    Main level
  • Bedroom 3—
    Main level
  • Bathroom—
    Main level, 3 Pc Bath
  • Kitchen—
    Second level
  • Family Room—
    Second level
  • Primary Bedroom—
    Second level, 2 Pc Ensuite
  • Kitchen—
    Upper level
  • Bedroom 2—
    Second level
  • Loft—
    Second level
  • Bathroom—
    Second level, 3 Pc Bath
  • Family Room—
    Upper level
  • Primary Bedroom—
    Upper level
  • Bedroom 2—
    Upper level
  • Bathroom—
    Upper level, 3 Pc Bath
  • Loft—
    Upper level
  • Kitchen—
    Basement level
  • Family Room—
    Basement level
  • Primary Bedroom—
    Basement level
  • Bathroom—
    Basement level, 3 Pc Bath
  • Kitchen—
    Basement level
  • Family Room—
    Basement level
  • Primary Bedroom—
    Basement level
  • Bathroom—
    Basement level, 3 Pc Bath

Washrooms

  • 3-piece
  • 3-piece
  • 3-piece
  • 3-piece
  • 3-piece

Municipality
Newmarket
Neighbourhood
Central Newmarket
Main cross streets
Main/Davis
Directions
Main/Simcoe

MLS® number
N12942904
Data source
Toronto Regional Real Estate Board
Listed on
2026-04-01
Updated on
2026-08-19
Days on market
209 days
Possession date
2026-06-01
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
COLDWELL BANKER THE REAL ESTATE CENTRE

Home Market Value

Current home valuation for 379 Simcoe Street, Newmarket, Central Newmarket, Newmarket, ON. Listed for $1,550,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 379 Simcoe Street, Newmarket, Central Newmarket

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Newmarket, ON
Minimum Down Payment Required:20.0%

20% required for homes $1.5M or more

Minimum down payment

$310,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$0$0$0$0
=Total mortgage
$1,240,000$1,162,500$1,085,000$1,007,500
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,054monthly$5,676monthly$5,298monthly$4,919monthly
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Land Transfer Tax

Provincial

$27,475

Total Land Transfer Tax

$27,475

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