Newmarket, ON L3Y 2P7,603 Davis DR
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$ 5,795,000
Est. payment | /mo

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$ 5,795,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision Central Newmarket

MLS Listing ID N9308532

Annual Tax Amount $34,996

Tax Year 2023

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
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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603 Davis DR