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$890,000

5+1 Beds

3 Baths

2000 - 2500 FEETSQ

QuickQuoteTM: $858K - $1.0M

Newmarket ON, L3Y 1W9

MLS® # N12477786

Property Information:

Prime development opportunity in the heart heart of Newmarket, just 2 minutes from Davis Drive and close to Newmarket General Hospital. This 18, 794 sq ft site at 650-654 Srigley Street offers over 20 lots with potential for townhomes, affordable rental buildings, and more. Eligible for CMHC financing, it's ideal for generating strong monthly rental income while planning future development. A turnkey investment in a high-demand area with excellent growth potential. (id:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Exterior Finish: Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type:
  • Heating Type: Forced air
  • Heating Fuel: Oil
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 5+1
  • Bathrooms: 3
  • Features: Irregular lot size
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 140.8 Feet
  • Lot Frontage: 87.3 Feet
  • Lot Size: 87.4 x 140.8 FT ; Irregular: South 45.37 & East 153.74
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 10

Courtesy of: RE/MAX PREMIER INC.

REALTOR.ca  

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Location of 650 SRIGLEY STREET, Newmarket, Ontario, L3Y 1W9

Demographic Information of 650 SRIGLEY STREET, Newmarket, Ontario, L3Y 1W9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$124,063.50

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.52 %

High school certificate or equivalent

25.15 %

Apprenticeship trade certificate/diploma

5.75 %

College/non-university certificate

26.18 %

University certificate (below bachelor)

0.54 %

University Degree

26.85 %

Commuter

Travel To Work

By Car

83.1 %

By Public Transit

1.77 %

By Walking

5.46 %

By Bicycle

1.77 %

By Other Methods

7.9 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.06 %

Houses

75.94 %

Own Vs. Rent