16756 & 16764 Bayview Ave, Newmarket, L3Y 3W9

Listing Overview

Description

Prime Development Site on Bayview Avenue in the center of Newmarket! Draft-plan approved For A Five-Storey Apartment Building, With A GFA of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). Easy Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, Recreational Centers and Fairy Lake Park. Near The Future Mulock GO Station and Proposed Major Transit Station Area (MTSA). Potential to get more GFA ( Adjacent application for 507 Mulock Drive is for a 10-Storey Building comprised of 305 Residential units and Retail at Grade Level). Project Includes Underground Parking (Approx. 47,000 Sq. Ft.), Parking Could Be Reduced due to MTSA Location. Zoning Provides Ample Space For A Variety Of Development Possibilities. Potential For The Building To Be Developed As A Medical Facility, Rental Building, Or Other Residential/Commercial Uses, Depending On Your Vision. Invest In A Rapidly Growing Area With Multiple Development Options! 16756 & 16764 Bayview Avenue Must Be Sold Together!

61 days

On Market

Investment

Property Type

$10,500 / Year

Est. Taxes

Apartment

Style

Apts-Over 20 Units

Business Type

-

Franchise

Location & Areas