$5,388,800
FOR SALE

Investment

Lot: 130 x 133 ftTotal Area: 17,290 ft2
2022 Taxes: $12,000

11/13 Main St E
Newmarket, ON L3Y 3Y1 | Central Newmarket | York

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.
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Listed By ROYAL LEPAGE YOUR COMMUNITY REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N7339704
Last Updated Aug 26, 2024
Property Summary
Property Type Investment

More like this:
Category Accommodation
Legal Description Pt Lt 12 5/5 MAIN ST NEWMARKET PT LT 13 5/5 MAIN ST PL78 NEWMARKET
Occupancy Tenant
Possession Date TBA
Taxes (2022) $12,000
Tax Type N/A
Directions/Cross Streets Davis and Main St.
Neighbourhood Central Newmarket
Area York
Price History

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Detailed Information
Freestanding Y
Lot 130 x 133 ft
Lot Irregularities Irregular
Total Area 17,290 ft2
Air Conditioning Y
Garage Type None
Heat Type Other
Sewers San+Storm
Utilities Y
Water Municipal
Rail N
Lot/Bldg/Unit Code Lot
Zoning RESIDENTIAL/COMMERCIAL
Seller Property Info Statement N

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