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MLS® N12481598

589 Steven Ct

Newmarket, ON L3Y 6Z3

$12,499,000

Type

Industrial

Taxes (2024)

$39,480

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Description

Welcome to 589 Steve Court, an exceptional 2.236-acre property featuring a 21,000 sq. ft. industrial building zoned Mixed Employment (EMI)-offering incredible flexibility for a wide range of permitted uses.Zoning allows for medical building, hotel, light manufacturing, office, public storage, warehouse, and more. The existing building is currently leased to seven separate tenants, providing stable income with future development potential. A 1-acre side lot offers excellent possibilities for building expansion or potential severance, enhancing long-term value and versatility for investors or end-users.This highly desirable location is minutes from Mulock Drive, Bayview Avenue, Yonge Street, and Highway 404, with public transit, GO Transit, and Southlake Regional Health Centre all close by. The property is also near Pickering College, Fairy Lake Park, and major recreational centers-making it ideal for future mixed-use or institutional development.Within walking distance to the proposed Mulock GO Station and the Proposed Major Transit Station Area (MTSA), this site offers prime positioning for future growth and transit-oriented opportunities.

Price & Status History

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Property Details

Property TypeIndustrial
CommunityStonehaven-Wyndham
Lot Size2.25 acres (98,010 sq ft)
Lot Dimensions320.08 × 345.79 ft
Lot Size Area2.25 sqft (MPAC)
Dir/Cross StBayview & Mulock
Garage TypeOutside/Surface
Heating TypeGas Forced Air Closed
A/CPartial
Taxes (2024)$39,480
HSTIn Addition To
SecurityPartial
Listed Date10/24/2025
Days on Market168 days
PossessionTBA

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Listing Courtesy of:

HARVEY KALLES REAL ESTATE LTD.

This listing is provided through the TRREB MLS® System.

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MLS® #N12481598