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

 

Powered byLuxury Presence