Address
11/13 Main St E, Newmarket, ON
Price
$ 5,888,800
Property Attributes
  • MLS#N7330886
  • TypeMulti-Family
  • CityNewmarket
  • AreaCentral Newmarket
  • NeighbourhoodNewmarket
  • Postal CodeL3Y 3Y1
  • Style
  • Taxes$ 12000
  • Price$ 5,888,800
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

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.

Price History
11/30/2023 Listed $5,888,800

General Features

Water Municipal
Garage Spaces 0.0
Pool Y/N None
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
Style Other
Heater Type Other
Community Amenities Central Newmarket
Area York
Tax Year 2022
Lot Depth 133.00
Basement Other
Status A
Taxes 12000.00
Legal Description Pt Lt 12 5/5 MAIN ST NEWMARKET PT LT 13 5/5 MAIN ST PL78 NEWMARKET
Property Sub Type Multiplex
Lot Front 130.00
Type .M.

Interior Features

Family Room No
Heat Source Other
A/C Other
Fireplace Stove No

Exterior Features

Garage Type Other
Drive Other
Exterior Other
Fronting On NSEW E
Sewers Sewers

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L3Y 3Y1

Price
AVG $5.89M
$5.89M
Taxes
AVG $12,000
$12,000
Visits
AVG 174
173
Data Provided by Inside Real Estate®

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