11/13 Main St E Newmarket (Central Newmarket), Ontario L3Y 3Y1
$5,388,800
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. **** 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. (id:47351)
Property Details
| MLS® Number | N7330886 |
| Property Type | Multi-family |
| Community Name | Central Newmarket |
Building
| FoundationType | Unknown |
| HeatingType | Other |
| Type | Other |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 133 Ft |
| SizeFrontage | 130 Ft |
| SizeIrregular | 130 X 133 Ft ; Irregular |
| SizeTotalText | 130 X 133 Ft ; Irregular |
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September 04 2024 01:22:26
Toronto Real Estate Board
Royal LePage Your Community Realty