Vision: Develop a commercial property that is attractive to both small/medium business tenants and prospective owners.
Harry Walker is located in a rapidly growing industrial business park in Newmarket. Newmarket’s economy has been expanding as a result of the business services, healthcare and knowledge sectors. This industrial property comprises two buildings (one with 15 units and one with 12 units). The 27 commercial/industrial units range in size from 1,900 to 3,100 square feet. For prospective tenants, there are many amenities located close by including major highways, restaurants (fast food and sit down), retail and banks. Prospective owners can take advantage of a rising rental market in Newmarket and some of the lowest commercial property tax rates in the GTA. With a new build, there is less risk and responsibility associated with repairs and maintenance.
ELM saw an opportunity to capitalize on a growing commercial sector in Newmarket by developing a multi-unit building in an evolving industrial business park.