For Sale — MLS # N12547262

Industrial Condo
Newmarket Industrial Park

1260 Journey's End Circle, Unit 5 · Newmarket, Ontario L3Y 8Z7

Asking Price
$738,000
2,457
Sq Ft
80%
Industrial
1
Grade Door
Jun 2027
Tenant To
Contact Agent

Income-Producing Industrial Condo
in Newmarket's Employment Core

Unit 5 at 1260 Journey's End Circle is a well-configured 2,457 sq ft industrial condominium situated within the established Newmarket Industrial Park — one of York Region's most stable and sought-after employment areas. The unit offers a practical split between approximately 80% industrial/warehouse space and 20% finished office, plus a renovated mezzanine level that adds meaningful additional capacity for workstations or overflow storage.

The property is currently tenanted under an arms-length lease to June 30, 2027, providing an investor with immediate, predictable income from the date of acquisition. The existing tenant has indicated flexibility around timing, and vacant possession may be negotiable prior to lease expiry for owner-occupiers with specific timing requirements.

The condo structure delivers the practical advantages of industrial ownership without the overhead of freehold land maintenance — monthly fees of $677.24 cover water, garbage removal, snow clearing, and lawn care. EM (Employment) zoning is among the most permissive in Newmarket's industrial inventory, permitting manufacturing, warehouse, office, motor vehicle repair, wholesale, light industrial, and a broad range of service and trade uses.

Only the land and building are for sale. This offering does not include any business or operating assets from the current tenant.

1260 Journey's End Circle Unit 5 — main industrial warehouse area
Warehouse & industrial floor
1260 Journey's End Circle Unit 5 — private office
Private office
1260 Journey's End Circle Unit 5 — renovated mezzanine level
Renovated mezzanine
1260 Journey's End Circle Unit 5 — open workstation area
Open workstation area
1260 Journey's End Circle Unit 5 — grade-level garage door
Grade-level door
1260 Journey's End Circle Unit 5 — exterior building front
Exterior — building front

Unit & Building Specifications

Property
Address 1260 Journey's End Cir., Unit 5, Newmarket
Type Industrial Condominium
Community Newmarket Industrial Park
Zoning EM — Employment
MLS # N12547262
Legal Description Unit 5, Level 1, YRCP No. 874
Unit
Total Area 2,457 sq ft
Lot Size (MPAC) 28 × 65 ft (1,345 sq ft)
Office Area ~20% of unit
Industrial Area ~80% of unit
Clear Height 7–8 feet
Grade-Level Door 1
Washroom 1 (two-piece accessible)
Parking Ample on-site (common)
Financial
Asking Price $738,000
Property Taxes $4,827.64 (2025)
Condo Fees $677.24/month
Assessed Value $259,000 (phased-in)
HVAC Service $622 + HST / year
Tenant In Place Until June 30, 2027
Sale Includes Land & building only

Space, Systems & Condo Services

Workspace

  • One private office, enclosed
  • Open workstation area for additional staff
  • Renovated mezzanine — workstations or storage
  • Two-piece accessible washroom
  • Ample common-area parking on site

Industrial & Loading

  • ~80% open-concept warehouse/industrial floor
  • One grade-level garage door for direct load-in/out
  • 7–8 ft clear ceiling height throughout warehouse
  • Gas forced-air heating, open concept
  • Air conditioning throughout

Mechanical & Services

  • Heating: gas forced air
  • Cooling: central air conditioning
  • Water: municipal supply
  • No sprinkler system
  • Annual HVAC service contract: $622 + HST

Condo Fees Cover

  • Municipal water
  • Garbage & waste removal
  • Snow clearing — parking lot and walkways
  • Lawn maintenance — common areas
  • No building exterior surprises for the owner

EM Employment Zone —
Broad Permitted Uses

The unit is zoned EM (Employment) by the Town of Newmarket — one of the most flexible industrial designations in York Region. The EM zone accommodates a wide range of commercial, industrial, and service uses, making this an adaptable acquisition for owner-occupiers and investors across many industries.

Manufacturing Light Industrial Warehouse & Distribution Wholesale Establishment Motor Vehicle Repair Shop Office (Accessory) Service & Repair Shop Printing & Publishing Laboratory / R&D Trade & Contractor Uses Showroom Ancillary Retail
All zoning information is provided for general guidance based on the EM (Employment) designation. Prospective purchasers should verify permitted uses and any applicable zoning by-law conditions with the Town of Newmarket's Planning Department and/or their own planning counsel prior to purchase.

Why This Asset

Income From Day One
An arms-length tenant is in place under lease to June 30, 2027 — delivering immediate, predictable rental income to the investor from the closing date without any lease-up risk.
Flexible EM Zoning
Employment (EM) zoning permits a wide spectrum of uses — manufacturing, warehouse, motor vehicle repair, office, wholesale, showroom, and more — making this unit attractive to a deep pool of future tenants or owner-occupiers.
Renovated Mezzanine
A recently renovated upper mezzanine provides additional usable space above the main floor — ideal for workstations, a second office, or dedicated storage — increasing functional capacity well beyond the core footprint.
Hassle-Free Condo Ownership
Monthly condo fees of $677.24 cover water, garbage removal, snow clearing, and lawn maintenance — eliminating the common exterior maintenance burdens of freehold industrial ownership.
Hwy 404 Corridor Access
Located minutes from the Davis Drive / Highway 404 interchange — connecting south directly to Highway 401 and the greater GTA, and north toward Barrie and the 400 network. Ideal for distribution, trade, and service businesses.
Grade-Level Door & Loading
A ground-floor grade-level garage door allows direct vehicle and pallet access into the warehouse — a critical operational feature that significantly broadens the tenant and owner-occupier universe for this unit.

Newmarket Industrial Park

Journey's End Circle sits within the Newmarket Industrial Park — an established, well-maintained employment area that has served as one of York Region's most active light industrial and trade corridors for over three decades. The park is home to a diverse mix of owner-occupied and tenanted industrial condos, housing trades contractors, distribution operations, light manufacturers, service businesses, and professional uses.

York Region's population now exceeds 1.2 million, with Newmarket at its northern hub. The region's sustained growth — combined with the near-exhaustion of affordable industrial land in Toronto and the inner 905 — has pushed demand for employment-zoned industrial space steadily northward along the 404 corridor. Industrial condo units in this park rarely become available; the majority are held by long-term owner-occupiers who recognize the value of owning rather than leasing in this sub-market.

Access from Davis Drive connects to the Highway 404 interchange in under two minutes, providing direct links south to the 401 and DVP for GTA-wide logistics, and north toward Barrie and the Highway 400 network. The Newmarket GO/Viva BRT terminal at Davis Drive provides public transit connectivity for employees, expanding the available labour pool across York Region and beyond.

Directions
Davis Drive → Harry Walker Pkwy → Journey's End Circle (east side)
Highway Access
~2 km to Hwy 404 interchange at Davis Drive
Transit
Newmarket GO & Viva BRT terminal at Davis Drive
Labour Market
York Region population 1.2M+ with strong skilled trades base
Sub-Market
Hwy 404 corridor — strong demand, limited industrial supply

Request Information

Listing Contact

Spencer Grimes
Salesperson
416-720-7870
Alloway Property Group Ltd., Brokerage
895 Don Mills Rd., Tower 2 Suite 108
Toronto ON M3C 1W3
416-443-9000

Thank You

Your inquiry has been received. A member of our team will be in touch shortly to discuss this property and answer any questions you may have.