$5,388,800
Available - For Sale
Listing ID: N7339704
11/13 Main St East , Newmarket, L3Y 3Y1, Ontario
| 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. |
| Price | $5,388,800 |
| Taxes: | $12000.00 |
| Tax Type: | N/A |
| Occupancy by: | Tenant |
| Address: | 11/13 Main St East , Newmarket, L3Y 3Y1, Ontario |
| Postal Code: | L3Y 3Y1 |
| Province/State: | Ontario |
| Legal Description: | Pt Lt 12 5/5 MAIN ST NEWMARKET PT LT 13 |
| Lot Size: | 130.00 x 133.00 (Feet) |
| Directions/Cross Streets: | Davis and Main St. |
| Category: | Accommodation |
| Use: | Other |
| Building Percentage: | Y |
| Total Area: | 17290.00 |
| Total Area Code: | Sq Ft |
| Rail: | N |
| Heat Type: | Other |
| Central Air Conditioning: | Y |
| Sewers: | San+Storm |
| Water: | Municipal |
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Mina Nourikhalichi
Broker
Dir:
416-882-5419
Bus:
905-731-2000
Fax:
905-886-7556
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At a Glance:
| Type: | Com - Investment |
| Area: | York |
| Municipality: | Newmarket |
| Neighbourhood: | Central Newmarket |
| Lot Size: | 130.00 x 133.00(Feet) |
| Tax: | $12,000 |
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