$5,388,800
11/13 Main St, Newmarket, On L3y 3y1
MLS®#:N7339704
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$5,388,800
Listed by: ROYAL LEPAGE YOUR COMMUNITY REALTY, BROKERAGE
Attention Developers/investors Very Rare Opportunity To Own An Assembly Of Lands Located Within The Urban Centres Secondary Plan. This Plan Identifies That The Subject Properties Are Located Within The Davis Drive Character Area. Subject Lands Permits Low To Mid-rise Residential, Retail, Office, Live-work, Places Of Entertainment And Post Secondary Facilities. Building Heights Permitted From 3 To 8 Storeys With Densities Of 1.5 To 2.0 Fsi. With Bonusing, Heights Can Be Increased To 10 Storeys. Units Consist Of 7 Properties. 11/13/15/21 Main St And 432/438 Davis Dr. All Main St. Properties Are Rented. Rent Roll Available. Two Parcels On Davis Are Vacant Land.
Community Central Newmarket
City Newmarket
Postal Code L3Y 3Y1
MLS Number N7339704
Days On Market 318 Days
Status Active
Purchase Type For Sale
Listing Type Commercial
Business Type Other
Cross Street Davis And Main St.
Interior
Beds 0-0
Baths 0
Air Conditioning Yes
Fireplace No
Heating Other
Exterior
Parking Spaces 0
Garage Type None
Garage Spaces 0
Lot Size 130 x 133
Additional Information
Taxes $12,000
Tax Year 2022
Zoning RESIDENTIAL/COMMERCIAL
Septic/Sewer Sanitary+storm
Energy Certification No
Maintenance Fees $0
Extras Total Rent Created $17,391 Per Month. The Properties Are Located At A Gateway Location Where Art And Distinctive Urban Design Features Are Encouraged. The Lands Are Also Within The Mobility Hub Area Of The Transit Station.
