$3,600,000
PRICE
0
BEDROOMS
0
BATHROOMS
N12046547
MLSID
11 Main St (432/438 Davis), Newmarket
Hello Developers and Investors, excited to bring to your attention a very rare opportunity to own an assembly of lands located within the Urban Centres Secondary Plan. This plan identifies that the subject properties are within the Davis Drive Character Area, which permits a variety of uses including low to mid-rise residential, retail, office, live-work, places of entertainment, and post-secondary facilities. Building heights are permitted to range from 3 to 8 storeys, with densities of 1.5 to 2.0 FSI. Additionally, with bonusing, heights can be increased to 10 storeys.
Summary
Address
11 Main St (432/438 Davis)
City
Community
Street
MLSID
N12046547
Property Type
Multiplex
Property Category
Taxes (Annual)
$14,300.00
Tax Year
2024
Published
March 27, 2025
Days on Market
129 Days
Possession Type
Flexible
Possession Details
Tba
Inclusions
The units for sale consist of 3 properties located at 11, Main St. and 432/438 Davis dr. 11 Main St. are currently rented, with a rent roll available for review. Additionally, there are two vacant land parcels on Davis Drive available for sale . The properties are situated at a gateway location where art and distinctive urban design features are encouraged, and they are also within the Mobility Hub Area of the Transit Station.
Details
Roof
[]
Construction Materials
[]
Lot Width
243 Feet
Lot Depth
133 Feet
Water
Municipal
Heat Source
Other
Heat Type
Other
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with ROYAL LEPAGE YOUR COMMUNITY REALTY