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Commercial Property in Newmarket
About 505 Queen Street
Do Not Miss your opportunity to Own this One Of a Kind Stunning "Oasis" Commercial Property in the Heart Of Newmarket Featuring a Custom Built 6000+ Square Foot Commercial Building Boasting Two Floors with Plenty of Parking! This Custom Built Building Boasts over $500,000 in Recent Magazine Quality Designer Upgrades and Finishes Throughout that will Absolutely Amaze You! Featuring a Beautifully Designed Expansive Exterior Along with a Unique Custom Designed Interior Suited for Many Business Uses!Multiple Entrances, 14' Clear Height Main Floor, Second Floor Ceiling Height 11' 3 Retractable Glass Over Head Garage Doors (1x 12'4"x 9'9", 1x 18'4"x 8'10', 1x 18'6"x 9'11'), Skylight, Hardwood and Laminate Flooring, Smooth Ceilings, Pot Lights, Retail Area, Office Areas, Warehouse Area, Gym, 2 Kitchens complete with 3 Appliances, Washer and Dryer, 4 Bathrooms, 400 Amp Electrical Service, Boiler, Hydronic Under Floor Heating System, Security System with Cameras, Outdoor Storage Shed. The Current UC-D2 Zoning permits a Multitude of Uses including: Office, Retail Store, School, Medical Clinic, Restaurant, Place Of Worship, Emergency Services Facility, Veterinary Clinic, Financial Institution, Funeral Home, Art Gallery, Community Centre, Hotel, Long Term Care Facility, Spa and Many More Uses! Perfect for Investors and End Users! Located Close to South Lake Hospital, Main Street Newmarket, Yonge Street, Viva Bus, Go Train Station and Go Bus, Minutes to Highway 404!
Newmarket retail priced at $3,799,000 — book a tour to see if it fits your search.
Inside 505 Queen St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0.437
Listing & possession
Property class
Commercial Retail
505 Queen St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market28Homes sold in about 28 days on average.
Sale-to-list ratio98.0%On average, homes sold below asking.
Active listings384Homes for sale here right now.
Median vs prior 90 days+1.5%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 392 sales from Jul 25 – Oct 23, 2026 (244 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
505 Queen St is listed at $3,799,000 (MLS® N13734614). Summitly updates the price as soon as the MLS® record changes.
Has the price of 505 Queen St changed?
Yes — it was first listed at $3,999,000 and is now $3,799,000, a drop of $200,000 (5.0%).
How many bedrooms and bathrooms does 505 Queen St have?
The listing for 505 Queen St doesn't publish its bedroom and bathroom count. It is a commercial property in Newmarket.
Is 505 Queen St close to transit?
The nearest rapid-transit station is Newmarket GO Station (Barrie GO), about 430 m (about a 5-minute walk) in a straight line. East Gwillimbury GO Station is about 2.3 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 505 Queen St compare with other homes in Newmarket?
Its asking price of $3,799,000 is about 295% above the median sold price in Newmarket over the last 90 days, $962,500, across 392 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 505 Queen St been sold before?
Summitly has no earlier MLS® sale or lease of 505 Queen St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 505 Queen St?
505 Queen St is in Newmarket, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 505 Queen St been on the market?
52 days — 505 Queen St was listed on September 1, 2026.
What is the land transfer tax on 505 Queen St?
About $81,450 in Ontario land transfer tax at the asking price of $3,799,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 505 Queen St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 505 Queen St?
The listing for 505 Queen St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Newmarket.
When was 505 Queen St built?
The listing for 505 Queen St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.