11 Main St (432/438 Davis) E, Newmarket, Ontario, Canada, L3Y3Y1
3,600,000
for Sale
About the property:
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.
Extra info:
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.
Commercial Retail
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- Property Type:
- Commercial Retail
- Status:
- for Sale
- Land Size:
- 243 x 113 FT ; Irregular
- Business Type:
- Other
- Heating Type:
- Other
- Cross Street:
- Davis & Main St.
- Annual Property Taxes:
- 14,200
- Listing ID:
- N12046549
Rooms
Dimensions
Brokered by:
Remax Your Community Realty
Source: TRREB/PROPTX
Presented By: