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11/13 Main St E in Newmarket for sale

Asking Price
$5,888,800
MLS #:
N7330886
Type:
Multiplex, Other
Basement:
Other
130.00 x 133.00 ft lot

Listed by Royal Lepage Your Community Realty.

11/13 Main St E is a Multiplex, Other and is currently for Sale @ $5,888,800. Taxes in 2022 were $12,000.00.

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Attention Developers/Investors Very Rare Opportunity To Own An Assembly Of Lands Located Within The Urban Centres Secondary Plan. The Other on 11/13 Main St E has 0 bedrooms, 0 bathrooms, and is located on a 133.00 x 130.00 ft lot in the community of Central Newmarket . 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.

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 Of The Transit Station.

The address 11/13 Main St E was listed for sale (MLS# N7330886) on Wednesday, November 29, 2023.

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  • Date Listed: Wednesday, November 29, 2023
  • Listing Brokerage: Royal Lepage Your Community Realty - Disclaimer: The information contained in this listing has not been verified by Royal Lepage Your Community Realty and should be verified by the buyer.
  • City: Newmarket

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  • Neighborhood: Central Newmarket
  • Major Intersection: Davis And Main St.
  • Full Address: 11/13 Main St E, Newmarket, L3Y 3Y1, ON, Canada
  • Amenities:
  • Taxes: $12,000.00 (2022)

WHAT'S YOUR HOME WORTH?

Click here to get an instant estimate and track its value over time.