For sale

11/13 Main St E

Newmarket, Ontario

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Bedrooms

0

Bathrooms

N/A

Parking

0

Price

$5,888,800

MLS© ID

N7330886

Approx. Age

N/A

Listed Since

January 27th, 2024

Exterior

Other,

Air Conditioning

Other

Heating

Other

Pool

None

Type

Multiplex

Aprox. sq. footage

N/A

Taxes

$12,000

Style

Other

Garage

N/A

Basement

Other

Fireplace

Yes

Lot Size

130.00 x 133.00 Feet

DESCRIPTION

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.

Amenities & Features

Type: Multiplex

Features: ,

Brokerage: ROYAL LEPAGE YOUR COMMUNITY REALTY

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