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Royal LePage Your Community Realty, Brokerage

Muzaffar Sheikh
Sales Representative
Office Phone: 905-832-6656
Direct: 416-831-0738
www.muzaffarsheikh.com

Royal LePage Your Community Realty, Brokerage
Pic_of_house
Status:
For Sale
Property Price:
$5,388,800
Business Type:
Other
Property Type:
Investment
Cross Street:
Davis and Main St.
Heating:
Other
Financial Statement:
No
Freestanding:
Yes
Front Footage:
130
Industrial Area:
0
Legal Description:
Pt Lt 12 5/5 MAIN ST NEWMARKET PT LT 13 5/5 MAIN S
Sewers:
San+Storm
Total Size:
17290 Sq Ft
Type Taxes:
N/A
Zoning:
RESIDENTIAL/COMMERCIAL
Lot Size:
130 X 133 Feet
Water:
Municipal
Remarks:

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.

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.

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Muzaffar  Sheikh, Sales Representative

Royal LePage Your Community Realty, Brokerage

Muzaffar Sheikh
Sales Representative
Office Phone: 905-832-6656
Direct: 416-831-0738
www.muzaffarsheikh.com

Royal LePage Your Community Realty, Brokerage
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