All photos · 5
11 Main St (432/438 Davis) N/A E, Newmarket, ON L3Y 3Y1
$3,600,000
Beds
0
Baths
0
Type
Freehold
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.
Interior
- · Other
Heating
- · Other
Cooling
- · Other
Parking
- · Available
Basement
- · Other
What it could cost monthly
Estimated monthly
$16,486
Principal & interest, per month
- Mortgage amount
- $2,880,000
- Down payment
- $720,000
- Total interest paid
- $2,065,713
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
REMAX YOUR COMMUNITY REALTY
Each office independently owned and operated.