N7339704 | 11/13 Main St E

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11/13 Main St E
Newmarket ON , L3Y 3Y1 , CAN

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$5,888,800.00

MLS® N7339704

Investment

Annual Tax Amount:	$0.00
Lot Frontage:	130 Feet
Lot Depth:	133 Feet

Remarks:

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.

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 Features:

Air Conditioning: Central Air
Occupancy: Tenant
Category: Accommodation
Sewers: San+Storm
Utilities: Yes
Water: Municipal

Building Features:

Garage Type: None
Heat Type: Other

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Not intended to solicit properties currently listed for sale.

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