17867 Yonge Street, Newmarket | Image 1

17867 Yonge Street

Newmarket, Bristol-London

  • Commercial

$4,995,000
For Sale

Added 2 weeks ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Professional Office

  • Zoning: MIXED USE 1

  • Age: 51-99 years

  • Taxes: 5585.92

  • MLS®#: N8227592

  • Days on Site: 7 Days

  • Added: Apr 09, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: SUTTON GROUP-ADMIRAL REALTY INC.

An absolute investment and Development opportunity at a prominent 28,800 sqft site in a fast-growing Newmarket with the exceptional 180-foot-wide prestigious Yonge St visibility, on multiple bus routes, and fast access to Highway 400 and 404 via Davis Dr and Green Ln. The land is already zoned for Mixed-use(commercial and Residential) along Newmarket's Main Commercial Corridor. The existing building was upgraded extensively up to the button just a year ago with plenty of parking spots on a new paved surface. Experience a positive cash flow if you are thinking of renting this unique location to a Car dealership, Daycare, Clinic, or any retail business while you await your final permits and approvals to significantly intensify the site for its highest and best use. The LRT/Rapid Transit configuration and modern urbanizing on Yonge St is under construction to raise the value of this golden opportunity onto the moon.

Property

  • Status: Sale

  • Type: Professional Office

  • Property Type: Investment

  • Property Type: Office

  • Age: 51-99

  • Area: Newmarket

  • Community: Bristol-London

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2023

  • Tax Legal Description: PCL 46-1 SEC M67; LT 46 PL M67; S/T RIGHT AS IN LT20539 ; S/T LT

  • Taxes: $5,586

  • Taxes Type: Annual

Land

  • Cross Street: Yonge & Davis

  • Municipality District: Newmarket

  • Parcel Number: 035770199

  • Lot Depth: 160 Feet

  • Lot Frontage: 180 Feet

  • Zoning: MIXED USE 1

Commercial Specific

  • Total Area: 0.66

  • Total Area Metric: Acres

  • Lot Code: Building

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