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$ 8,500,000
Est. payment | /mo
1 SqFt
$ 8,500,000
Est. payment | /mo
1 SqFt
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $8,500,000
Subdivision Huron Heights-Leslie Valley
MLS Listing ID N12312412
Annual Tax Amount $26,455
Tax Year 2025
Property Sub-Type Land
Property Description
This draft plan approved 1.77-acre site offers a rare opportunity to develop 28 residential units-24 townhomes and 4 semi-detached homes in the heart of Newmarket. Featuring high visibility Davis Drive frontage and nestled within a well-established neighbourhood, this site is ideally positioned for success. Proposed designs feature modern layouts ranging from 1, 900 to 2,700 + sq.ft, with options for rooftop gardens, aligning perfectly with today's lifestyle demands. Located just minutes from South lake Hospital, the Go station, Highway 404, schools, recreational facilities, and shopping centres-including distance to the new Costco. This development delivers both convenience and strong market appeal. A viable, high demand infill project in one of York Region's fastest-growing communities.
Location
Province ON
County York
Community Huron Heights-Leslie Valley
Area York
Zoning (H)R4-R-164
Exterior
Utilities Available Yes
Lot Frontage 296.2
Lot Depth 272.74
Listed by MAVEN COMMERCIAL REAL ESTATE
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