Hello Developers and Investors, excited to bring to your attention a very rare opportunity to own an assembly of lands located within the Urban Centres Secondary Plan. This plan identifies that the subject properties are within the Davis Drive Character Area, which permits a variety of uses including low to mid-rise residential, retail, office, live-work, places of entertainment, and post-secondary facilities. Building heights are permitted to range from 3 to 8 storeys, with densities of 1.5 to 2.0 FSI. Additionally, with bonusing, heights can be increased to 10 storeys.
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
Other
Depth:
133'40.5 m
Frontage:
243'74.1 m
Direction Faces:
East
Bedrooms:
0
Bathrooms:
0.0
Water supply:
Municipal
Kitchens:
0
Bedrooms Above Grade:
0
Kitchens Above Grade:
0
Rooms Above Grade:
0
Ensuite Laundry:
No
Heating type:
Other
Heating Fuel:
Other
Foundation:
Unknown
Roof:
Unknown
Basement:
Other
Fireplace/Stove:
No
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Available
Parking Spaces:
0
Total Parking Spaces:
0.0
Family Room:
No
Possession Details:
TBA
Lot Irregularities:
Irregular
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$14,300 /
2024
Assessment:
$- /
-
Newmarket
Central Newmarket
York
Other
The units for sale consist of 3 properties located at 11, Main St. and 432/438 Davis dr. 11 Main St. are currently rented, with a rent roll available for review. Additionally, there are two vacant land parcels on Davis Drive available for sale . The properties are situated at a gateway location where art and distinctive urban design features are encouraged, and they are also within the Mobility Hub Area of the Transit Station.
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