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$5,888,800
Available - For Sale
Listing ID: N7339704
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.
Price $5,888,800
Taxes: $12,000
Tax Type: N/A
Occupancy by: Tenant
Address: 11/13 Main St East , Newmarket, L3Y 3Y1, Ontario
Postal Code: L3Y 3Y1
Province/State: Ontario
Legal Description: Pt Lt 12 5/5 MAIN ST NEWMARKET PT LT 13
Lot Size: 130 x 133 (Feet)
Directions/Cross Streets: Davis And Main St.
Zoning: RESIDENTIAL/COMM
Category: Accommodation
Use: Other
Building Percentage: Y
Total Area: 17,290
Total Area Code:  Sq Ft
Rail: N
Heat Type: Other
Central Air Conditioning: Y
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE YOUR COMMUNITY REALTY

11/13 Main St East , Newmarket, L3Y 3Y1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: York
Municipality: Newmarket
Neighbourhood: Central Newmarket
Style:
Lot Size: 130.00 x 133.00(Feet)
Approximate Age:
Tax: $12,000
Maintenance Fee: $0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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