HomeListingsNewmarketN13078602

244 Main Street Newmarket ON

📍 Newmarket, Ontario L3Y 3Z5

$1,999,900

Active
8BATHS
42.9×169.6LOT (FT)

📋 Listing Highlights

StatusActive
MLS®N13078602
ListedMay 4, 2026
Days on Market
Property TypeCommercial
StyleCommercial Retail
Cross StreetBookended by York Region's First and Only Boutique Hotel, The Postmark Hotel and Local'e Newest Restaurant, Bar Locale
PossessionOwner Flexible But Prefer Summer 2026

📝 Listing Description

One of the most remarkable and attention-commanding properties in Newmarkets Award-Winning Historic Downtown, this iconic former theatre (once The Roxy and then The Odeon) now offers over 9,000 sq. ft. of gross floor area with full spanning roof beams, no columns and endless possibilities. Currently operating as a fitness and training centre, it awaits its next chapter as the next defining anchor for Main Street. Located just steps from The Postmark Hotel York Regions boutique urban hotel, this property enjoys immediate adjacency to Newmarkets most dynamic hospitality offerings. It's also just minutes from Fairy Lake and the Tom Taylor Trails, ideal for patrons seeking lifestyle and recreation. Nearby, the newest Bar Locale restaurant has joined an established roster of restaurants, patios, independent boutiques, and cultural venues lining Main Streets heritage stretch. Main Street Newmarket itself is built along an ancient First Nations trade route and celebrated today as a vibrant corridor of history, commerce, and cultural life. The downtown area is protected under a Heritage Conservation District, ensuring historical character is preserved while supporting new investment. Zoned UC-D1, the building supports a broad range of permitted uses: commercial school, office, place of worship, restaurant, dinner theatre, micro-brewery, private club, spa, retail and more. With soaring 20 foot ceilings (17.5 clear) with historical character, this property is architecturally stunning and functionally flexible. Whether your vision is a boutique performance venue, destination dining, creative co-working, or experiential retail, this is Newmarkets succession statement building. Don't miss your chance to own one of Main Streets most storied properties and reimagine what comes next for downtown Newmarket!

🏠 Property Details

Property TypeCommercial
StyleCommercial Retail
Bathrooms8

📐 Lot & Land

Lot Width42.9 ft
Lot Depth169.6 ft
Lot Size0.18 sqft
Cross StreetBookended by York Region's First and Only Boutique Hotel, The Postmark Hotel and Local'e Newest Restaurant, Bar Locale

🔧 Building & Utilities

HeatingGas Forced Air Closed
CoolingYes
GaragePublic

💰 Financial

List Price$1,999,900
Annual Taxes$22,000 (2026)
PossessionOwner Flexible But Prefer Summer 2026

🧮 Mortgage Calculator

$399,980
Est. Monthly Payment
$9,825/mo
Principal: $1,599,920 · P+I only
Does not include taxes, insurance or CMHC

📍 Location

Listing provided by COLDWELL BANKER THE REAL ESTATE CENTREData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #N13078602 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.