16756 & 16764 Bayview AVE Active

Newmarket,ON L3Y 3W9

$ 3900000

- Bed

- Bath

30278 SqFt


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 At 16756 & 16764 Bayview Avenue in the heart of Newmarket. Plans for A Five-Storey Apartment Building, With A Total Gross Floor Area Of 52,540 Sqft, have been approved Under The Official Plan Amendment (June 2024). Could also be rezoned for townhomes or medical/office buildings. The Site Offers Convenient Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, And Recreational Centers. Ideally Located Near The Future Mulock GO Station Hub, Making It A Strong Investment. The Project Includes Two Floors Of Underground Parking (Approx. 47,000 Sq. Ft.), Parking Requirements Could Be Reduced, Thanks To Its Major Transit Station Area (MTSA). 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 For The Project. This Is An Exciting Opportunity To Invest In A Rapidly Growing Area With Multiple Development Options That Ensures Strong Potential Returns For Investors And Developers. 16756 & 16764 Bayview Avenue Must Be Purchased Together.

Location

State ON

County York

Community Central Newmarket

Area York

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 196.45

Lot Depth 310.84

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