11 Main St (432/438 Davis) N/A E Active Save Request In-Person Tour Request Virtual Tour
Newmarket,ON L3Y 3Y1
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 27,459 sqft
Price per Sqft $131
Subdivision Central Newmarket
MLS Listing ID N12046549
Annual Tax Amount $14,200
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
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.
Location
Province ON
County York
Community Central Newmarket
Area York
Zoning RESIDENTIAL/COMMERCIAL
Rooms
Kitchen 0
Interior
Cooling Yes
Inclusions 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.
Exterior
Utilities Available Yes