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13 Main St S

Main St S, Newmarket, Newmarket, ON, L3Y 3Y1

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Beds
-
Baths
$5,888,800
List Price
Details
Photos
26
Comparables
History
13 Main St S, Newmarket, ON - 1 of 3
13 Main St S, Newmarket, ON - 2 of 3
13 Main St S, Newmarket, ON - 3 of 3
170 days on market

Quick Summary

  • Rare opportunity for developers and investors.
  • Located within the Davis Drive Character Area.
  • Permits various uses including residential and retail.
  • Allows 3 to 8 storeys, up to 10 with bonusing.
  • Assembly of 7 properties in a strategic location.
  • All Main St. properties are currently rented.
  • Monthly rental income generated is $17,391.
  • Situated in a gateway location with unique urban design.

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... Show More

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 Details

Parking

Other

Build

Year Built
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Model Name
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Basement
Other
Exterior
Other
Foundation
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Builder Name
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Stories
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Flooring
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Roof
-

Heating & Cooling

Heating
Other
Cooling
Other

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2022-01-01
Property Tax Amount
$12,000

Source

Listing Brokerage

MLS® Listing
N7330886
Last Updated
April 27, 2024
Brokerage
ROYAL LEPAGE YOUR COMMUNITY REALTY
Call us 800-591-0566

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