11/13 MAIN ST AND 432/438, Newmarket, ON
$ 9,800,000
Property Attributes
  • ID#N6693338
  • TypeMulti-Family
  • CityNewmarket
  • NeighbourhoodCentral Newmarket
  • Postal CodeL3Y 3Y1
  • Style
  • Price$ 9,800,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
  • Lot Size1 Acres
Data Source:
Canadian Real Estate Association (CREA)
Property 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. (id:7434)

General Features

Building Type Other
CommunityName Central Newmarket
Property Type Multi-family

Interior Features

Building Fireplace Present False


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3Y 3Y1

AVG $9.8M
AVG 145
Data Provided by Inside Real Estate®