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$3,900,000
Available - For Sale
Listing ID: N12301988
This Prime Development Site At 16756 & 16764 Bayview Avenue Offers The Potential For A Five-Storey Apartment Building, With A Total Gross Floor Area Of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). The Site Offers Convenient Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, And Recreational Centers Like Fairy Lake Park. Ideally Located Near The Future Mulock GO Station Hub, Making It A Strong Investment With Potential For Appreciation. The Project Includes Two Floors Of Underground Parking (Approx. 47,000 Sq. Ft.), Parking Requirements Could Be Reduced, Thanks To Its Major Transit Station Area (MTSA) Location. Zoning Provides Ample Space For A Variety Of Development Possibilities. Potential For The Building To Be Developed As A Medical Facility, Rental Building, Or Other Residential/Commercial Uses, Depending On Your Vision For The Project. This Is An Exciting Opportunity To Invest In A Rapidly Growing Area With Multiple Development Options That Ensures Strong Potential Returns For Investors And Developers. 16756 & 16764 Bayview Avenue Must Be Purchased Together.
Price $3,900,000
Taxes: $10,500
Tax Type: Annual
Occupancy by: Vacant
Address: 16756 & 16764 Bayview Aven , Newmarket, L3Y 3W9, York
Postal Code: L3Y 3W9
Province/State: York
Directions/Cross Streets: Bayview Ave and Mulock Dr
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 30,278.85
Total Area Code:  Square Feet
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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CMHC/GE $ $ $ $
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Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
YORK NATIONAL REALTY INC.

16756 & 16764 Bayview Aven , Newmarket, L3Y 3W9, York


 
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At a Glance:
Type: Com - Investment
Area: York
Municipality: Newmarket
Neighbourhood: Central Newmarket
Style:
Lot Size: x 310.84(Feet)
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Tax: $10,500
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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