11/13 Main Street East, Newmarket | Image 1

11/13 Main Street East

Newmarket, Central Newmarket

  • Commercial

$5,888,800
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: RESIDENTIAL/COMM

  • Age: No Data

  • Taxes: 12000

  • MLS®#: N7339704

  • Days on Site: 145 Days

  • Added: Dec 04, 2023 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE YOUR COMMUNITY REALTY

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.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Investment

  • Property Type: Accommodation

  • Area: Newmarket

  • Community: Central Newmarket

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2022

  • Tax Legal Description: Pt Lt 12 5/5 MAIN ST NEWMARKET PT LT 13 5/5 MAIN ST PL78 NEWMARK

  • Taxes: $12,000

  • Taxes Type: N/A

Land

  • Cross Street: Davis And Main St.

  • Municipality District: Newmarket

  • Sewer: San+Storm

  • Lot Depth: 133 Feet

  • Lot Frontage: 130 Feet

  • Lot Irregularities: Irregular

  • Zoning: RESIDENTIAL/COMM

Commercial Specific

  • Rail: N

  • Total Area: 17290

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

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