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11/13 Main St E Newmarket, Ontario L3Y 3Y1

$5,888,800

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:50182)

Property Details

MLS® Number N7330886
Property Type Multi-family
Community Name Central Newmarket

Building

Type Other

Land

Acreage No
Size Irregular 130 X 133 Ft ; Irregular
Size Total Text 130 X 133 Ft ; Irregular

https://www.realtor.ca/real-estate/26322442/1113-main-st-e-newmarket-central-newmarket

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Eugenio Sturino
Salesperson

(647) 991-7653

Royal LePage Your Community Realty
9411 Jane Street
Vaughan, Ontario L6A 4J3

(905) 832-6656
(905) 832-6918
www.yourcommunityrealty.com/

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