13
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$3,900,000
Est. payment /mo
30,278 SqFt
Active
16756 & 16764 Bayview AVE Newmarket, ON L3Y 3W9
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 30,278 sqft
Price per Sqft $128
Subdivision Central Newmarket
MLS Listing ID N12301988
Annual Tax Amount $10,500
Tax Year 2024
Property Sub-Type Investment
Property Description
Prime Development Site on Bayview Avenue in the center of Newmarket! Draft-plan approved For A Five-Storey Apartment Building, With A GFA of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). Easy Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, Recreational Centers and Fairy Lake Park. Near The Future Mulock GO Station and Proposed Major Transit Station Area (MTSA). Potential to get more GFA ( Adjacent application for 507 Mulock Drive is for a 10-Storey Building comprised of 305 Residential units and Retail at Grade Level). Project Includes Underground Parking (Approx. 47,000 Sq. Ft.), Parking Could Be Reduced due to 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. Invest In A Rapidly Growing Area With Multiple Development Options! 16756 & 16764 Bayview Avenue Must Be Sold Together!
Location
Province ON
County York
Community Central Newmarket
Area York
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 196.45
Lot Depth 310.84
Listed by YORK NATIONAL REALTY INC.