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$ 3,900,000
Est. payment /mo
Active
16756 & 16764 Bayview AVE Newmarket, ON L3Y 3W9
30,278 SqFt
UPDATED:
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
Listed by YORK NATIONAL REALTY INC.