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72 Prospect St 2,588 SF Office Building Newmarket, ON L3Y 3T3 $1,998,888 CAD ($772.37 CAD/SF)



Executive Summary
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.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
2,588 SF
Building Class
C
Year Built/Renovated
1910/2025
Price
$1,998,888 CAD
Price Per SF
$772.37 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,294 SF
Slab To Slab
9’
Building FAR
0.54
Lot Size
0.11 AC
Zoning
Mu-1 - Mixed Use / Office / Com / Res
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
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72 Prospect St
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