$5,888,800

Commercial For Sale In Newmarket, Ontario

$5,888,800

Property Information:

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. (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 17290 Square Feet
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Floor Space (approx): 17290.00 Square Feet
  • Irregular: Yes
  • Lot Size: 130 x 133 FT ; Irregular

Courtesy of: Royal LePage Your Community Realty

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