ON > Newmarket > Central Newmarket
Newmarket, ON L3Y 3Y1,11 Main St (432/438 Davis) N/A E
Newmarket, ON L3Y 3Y1,11 Main St (432/438 Davis) N/A E
Newmarket, ON L3Y 3Y1,11 Main St (432/438 Davis) N/A E
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$3,600,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Subdivision Central Newmarket

MLS Listing ID N12046547

Style Other

Annual Tax Amount $14,300

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 133.0

Lot Front 243.0

Property Description

Hello Developers and Investors, excited to bring to your attention a very rare opportunity to own an assembly of lands located within the Urban Centres Secondary Plan. This plan identifies that the subject properties are within the Davis Drive Character Area, which permits a variety of uses including low to mid-rise residential, retail, office, live-work, places of entertainment, and post-secondary facilities. Building heights are permitted to range from 3 to 8 storeys, with densities of 1.5 to 2.0 FSI. Additionally, with bonusing, heights can be increased to 10 storeys.

Location

Province ON

County York

Community Central Newmarket

Area York

Rooms

Family Room No

Basement Other

Kitchen 0

Interior

Interior Features Other

Cooling Other

Inclusions The units for sale consist of 3 properties located at 11, Main St. and 432/438 Davis dr. 11 Main St. are currently rented, with a rent roll available for review. Additionally, there are two vacant land parcels on Davis Drive available for sale . The properties are situated at a gateway location where art and distinctive urban design features are encouraged, and they are also within the Mobility Hub Area of the Transit Station.

Exterior

Parking Features Available

Garage Spaces 2.0

Pool None

Roof Type Unknown

Lot Frontage 243.0

Lot Depth 133.0

Building

Foundation Unknown

Others

Senior Community Yes

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Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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