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.
PCL 46-1 SEC M67; LT 46 PL M67; S/T RIGHT AS IN LT20539 ; S/T LT16648 NEWMARKET
Occupancy
Vacant
Possession Date
TBA
Taxes (2023)
$5,585.92
Tax Type
Annual
Directions/Cross Streets
Yonge & Davis
Neighbourhood
Bristol-London
Area
York
Price History
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Freestanding
Y
Lot
180 x 160 ft
Total Area
0.66 acres
Approximate Age
51-99
Elevator
None
Air Conditioning
Y
Basement
Y
Garage Type
Outside/Surface
Heat Type
Gas Forced Air Closd
Utilities
A
Water
Municipal
Lot/Bldg/Unit Code
Building
Zoning
MIXED USE 1
Seller Property Info Statement
N
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.