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.
Address
11 Main St (432/438 Davis) E
List Price
$3,600,000
Property Type
Commercial
Type of Dwelling
Commercial Retail
Area
Newmarket
Sub-Area
Central Newmarket
County
York
Lot Depth
113
Lot Shape
Irregular
Lot Type
Lot
Lot Irregularities
Irregular
Lot Size Units
Feet
Lot Width
243
MLS® Number
N12046549
Listing Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Postal Code
L3Y 3Y1
Tax Amount
$14,200.00
Tax Year
2024
Heat Type
Other
Cooling Features
Yes
Garage Type
None
Security Features
No
Sewer
Sanitary