Active

11/13 MAIN ST E

Newmarket Ontario, L3Y3Y1

$5,888,800


Active

Commercial

 Courtesy of ROYAL LEPAGE YOUR COMMUNITY REALTY 

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:41202)

N7339704

MLS ID

December 4, 2023

Listed

April 3, 2024

Updated

Map

11/13 MAIN ST E
Newmarket Ontario, L3Y3Y1

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Fully air conditioned


Heating

No

Exterior/Building Features

Other Property Details

Garage

No


View

No


Pool

No

Courtesy of ROYAL LEPAGE YOUR COMMUNITY REALTY, EUGENIO STURINO,
Listing Contact: (647) 991-7653 

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