Active Multiplex For Sale 451 DOM · sitting
$3,600,000
MLS® N12046547

11 Main St (432/438 Davis) N/A E, Newmarket, ON L3Y 3Y1

Newmarket · Central Newmarket · L3Y 3Y1
Monthly cost · estimate
$0/mo
— · — · —
🤖
Hunter's read
Rare assemblage in Newmarket's Davis Drive Character Area zoned for mixed-use development; 451 days suggests pricing above current market expectations.
1500-2000
Sqft

About this home

Hello Developers and Investors, excited to bring to your attention a very rare opportunity to own an assembly of lands located within the Urban Centres Secondary Plan. This plan identifies that the subject properties are within the Davis Drive Character Area, which permits a variety of uses including low to mid-rise residential, retail, office, live-work, places of entertainment, and post-secondary facilities. Building heights are permitted to range from 3 to 8 storeys, with densities of 1.5 to 2.0 FSI. Additionally, with bonusing, heights can be increased to 10 storeys.

📋 Property summary 7 details ▼
Property Type
Multiplex
Style
['Other']
Square Footage
1500-2000
Days on Market
451 days
Annual Taxes
$14,300
Lot Size
243.0' × 133.0'
Community
Central Newmarket
🏠 Interior 1 features ▼
Basement
Other
Interior features
Other
🧱 Building & exterior ▼
Foundation
Unknown
Exterior
Other
⚡ Utilities ▼
Heating
Other
Cooling
['Other']
Sewer
['Sewer']
🌳 Lot & land ▼
Frontage
243.0 ft
Depth
133.0 ft
⚠️ Irregular lot: Irregular
📦 Inclusions & exclusions ▼
Included with sale

The units for sale consist of 3 properties located at 11, Main St. and 432/438 Davis dr. 11 Main St. are currently rented, with a rent roll available for review. Additionally, there are two vacant land parcels on Davis Drive available for sale . The properties are situated at a gateway location where art and distinctive urban design features are encouraged, and they are also within the Mobility Hub Area of the Transit Station.

📃 Listing details ▼
MLS® Number
N12046547
Days on Market
451 days
Possession
Flexible
Listing Brokerage
REMAX YOUR COMMUNITY REALTY

Listing information sourced from TRREB MLS® via PropTx. This property is being represented by the listing brokerage shown above. Ishaan Verma of Royal LePage Certified Inc. is happy to represent buyers viewing this property.

Recent comparable sales

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Location

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About Newmarket

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$3,600,000
11 Main St (432/438 Davis) N/A E, Newmarket, ON L3Y 3Y1
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💰 Sold-comp analysis · Free

What is this home really worth?

Hunter pulls the last 6 months of actual closed sales on this street, computes the average sold price, days on market, and sold-to-list ratio — then tells you if 11 Main St (432/438 Davis) ... is priced fairly, over, or under.

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