Active
17867 Yonge St
Newmarket Ontario, L3Y 8Z3
$4,995,000
$173.74 per sqft
Active
28,750 sqft
Commercial
An absolute investment and Development opportunity at a prominent 28,800 sqft site in a fast-growing Newmarket with the exceptional 180-foot-wide prestigious Yonge St visibility, on multiple bus routes, and fast access to Highway 400 and 404 via Davis Dr and Green Ln. The land is already zoned for Mixed-use(commercial and Residential) along Newmarket's Main Commercial Corridor. The existing building was upgraded extensively up to the button just a year ago with plenty of parking spots on a new paved surface. Experience a positive cash flow if you are thinking of renting this unique location to a Car dealership, Daycare, Clinic, or any retail business while you await your final permits and approvals to significantly intensify the site for its highest and best use. The LRT/Rapid Transit configuration and modern urbanizing on Yonge St is under construction to raise the value of this golden opportunity onto the moon.
N8227592
MLSⓇ ID
April 17, 2024
Updated
Map
17867 Yonge St
Newmarket Ontario, L3Y 8Z3
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Gas Forced Air Closd
Exterior/Building Features
Lot Size
0.66 Acres
Other Property Details
Area Name
Bristol-London
Taxes
$5,586
Tax Frequency
Annually
Garage
No
Parking
Outside/Surface
View
No
County
Ontario
Municipality
Newmarket
Water Source
Municipal
Pool
No
Zoning
MIXED USE 1
Courtesy of Listed by , SUTTON GROUP-ADMIRAL REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
©2024 Toronto Real Estate Board. All rights reserved.
Data last updated 1:38 PM UTC, 4/17/2024