1038* Jacarandah Drive, Newmarket | Image 1

1038* Jacarandah Drive

Newmarket, Huron Heights-Leslie Valley

  • Commercial

$X,XXX,XXX
For Sale

Added 6 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: Residential Area

  • Age: No Data

  • MLS®#: N8339626

  • Days on Site: 117 Days

  • Added: May 15, 2024 (6 months ago)

  • Updated:

  • Last Checked: 6 hours ago

  • Listed By: CUSHMAN & WAKEFIELD

*Full Address is 1038 - 1040 Jacarandah Drive. The Owner has advanced a development application for the Property which contemplates a 23-unit low rise residential development with a total gross floor area of 51,302 square feet. The project specifically includes 20 semi-detached units and 3 single-family homes. A Zoning Bylaw Amendment and a Draft Plan of Subdivision were filed with the Town of Newmarket, both of which have been approved. A Site Plan Application has been submitted and is currently under review. The Property is only a 5-minute drive from either the Newmarket GO station or the East Gwillimbury GO station and just 2.0 kilometres southeast from the Davis Drive / Highway 404 interchange, providing convenient commuter access. The Property is located within an established low-rise residential neighbourhood. The majority of dwelling types within the surrounding area are single and semi-detached homes, with the subject Property being one of very few remaining development parcels in the immediate vicinity. Property is being sold under Power of Sale.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Newmarket

  • Community: Huron Heights-Leslie Valley

  • Availability Date: Vacant

Utilities

  • Utilities: Available

Building

  • Elevator: None

  • Water Supply: Municipal

Fees

  • Tax Year: 2024

  • Tax Legal Description: PART LOT 3, CONCESSION 2, EAST GWILLIMBURY, PART 1, PLAN 65R-399

  • Taxes Type: Annual

Land

  • Cross Street: Jacarandah Dr/ Lesli

  • Municipality District: Newmarket

  • Sewer: San+Storm Avail

  • Lot Depth: 354 Feet

  • Lot Frontage: 140 Feet

  • Zoning: Residential Area

Commercial Specific

  • Sprinklers: N

  • Total Area: 1.12

  • Total Area Metric: Acres

  • Lot Code: Lot

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