16764 Bayview Avenue, Newmarket, ON L3Y 3W9

Newmarket L3Y 3W9 Ontario

MLS: N12097109

$1,950,000

Added 2 days ago | For Sale

Listed by: YORK NATIONAL REALTY INC.

About Property

Residential Development Opportunity On Bayview Avenue In The Heart Of Newmarket! Official Plan Amendment Approved In June 2024 Allows Medium Density Development Of 16756 & 16764 Bayview Avenue Permitting An Apartment Building Up To Five Storeys! Close To All Existing Infrastructure And Public Facilities Including Major Highways, Southlake Regional Hospital, Pickering College, GO Transit, Recreational Centres, And Fairy Lake Park. Zoning By-Law R1-D In Place For Total Gross Floor Area Of 52,540 Sqft. Must Be Purchased Together With 16756 Bayview Ave (N12097113). Could Be Developed As A Rental Building! Strong Demand For Residential And Rental Units In The Area Promises Significant Returns For Investors And Developers.

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 101.43 X 155.42
  • Water:Municipal
  • Garage Spaces: /Other
  • Driveway:
  • Heating Fuel:
  • Cross Street:Bayview Ave & Mulock Dr
  • Basement: ,
  • Possession Date:Immediately
  • Annual Property taxes: $5000
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:N12097109

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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