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$ 5,795,000
Est. payment | /mo
$ 5,795,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Central Newmarket
MLS Listing ID N12000062
Annual Tax Amount $34,996
Tax Year 2024
Property Sub-Type Land
Property Description
The Property is located on the northwest corner of Davis Drive and Bolton Avenue, 600 metres east of the Newmarket GO Station. The property is adjacent to the Newmarket Medical Arts Building & Southlake Regional Health Centre. The Seller has substantially completed development entitlement of the 0.78 acre property for the development of a 96 Unit Assisted Living and Memory Care development with 82,414 sf GFA, and 55 underground parking spaces in a single level of U/G parking. Neighboring development applications feature up to 711 new residential units in up to 15 storey bldg with 5.69FSI density.
Location
Province ON
County York
Community Central Newmarket
Area York
Zoning Mixed Use (MU-2)
Exterior
Utilities Available Available
Lot Frontage 86.05
Lot Depth 291.32
Others
Security Features No
Listed by CUSHMAN & WAKEFIELD
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN