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$12,950,000
Est. payment /mo
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Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Subdivision Newmarket Industrial Park
MLS Listing ID N13590090
Annual Tax Amount $61,167
Tax Year 2025
Property Sub-Type Industrial
Property Description
Strategically located just minutes from Highway 404, 150 Pony Drive offers exceptional flexibility for a wide range of industrial and commercial users. The property features dedicated shipping and receiving areas, providing efficient logistics and operational flow. The building can be configured for a single user or demised into two separate units, making it ideal for owner-users, investors, or multi-tenant occupancy. Key features include ample on-site parking, significant power capacity supported by a 44 kV transformer, and a fully secured lot for enhanced security and operational control. Recent ownership has completed extensive capital improvements, including major site upgrades and partial-to-full office renovations, creating a modern, functional, and professional working environment. Environmental due diligence has been completed, including a Phase I Environmental Site Assessment and a Building Condition Assessment prepared by Pinchin Ltd. The property also includes a crane rough-in, offering future operational flexibility. Please note: If a purchaser elects to acquire only one unit, the transaction will be subject to severance, with completion anticipated in approximately 120 days. Total building area is approximately 42,000 sq. ft. A rare opportunity to acquire a versatile industrial asset in one of Newmarket's most desirable employment corridors with excellent access to Highways 404 and 407, major transportation routes, and the Greater Toronto Area.
Location
Province ON
County York
Area York
Interior
Cooling Partial
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 167.18
Lot Depth 488.05
Others
Security Features Yes
ParcelsYN No
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Listed by CASMIR REALTY
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