432/438 Davis Dr E

Newmarket, ON, L3Y 2P2

Retail

Added 591 days ago

MLS® N12046549

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About this home

Listing description

Broker remarks from the listing.

Quick facts

Retail
$14,200 taxes · 2024
243 frontage
27,459 sqft

Hello Developers and Investors, excited to bring to your attention a very rare opportunity to own an assembly of lands located within the Urban Centres Secondary Plan. This plan identifies that the subject properties are within the Davis Drive Character Area, which permits a variety of uses including low to mid-rise residential, retail, office, live-work, places of entertainment, and post-secondary facilities. Building heights are permitted to range from 3 to 8 storeys, with densities of 1.5 to 2.0 FSI. Additionally, with bonusing, heights can be increased to 10 storeys.

Property sheet

Listing details

Key facts from the MLS® sheet for this home.

Overview

Property type: Retail
MLS®: N12046549
Community: Central Newmarket
Postal code: L3Y 2P2
Living area: 27,459 sqft
Bedrooms: 0
Bathrooms: 0
Kitchens: 0
Lot front: 243
Lot depth: 113
Cross St.: Davis & Main St.
Possession: Flexible
Days on market: 591
Brokerage: REMAX YOUR COMMUNITY REALTY

Taxes & condo

Taxes: $14,200 / 2024

Building

Cooling: Yes
Heating: Other

Parking

Garage: None
Parking spaces: 0

Inclusions & extras

Inclusions: The units for sale consist of 3 properties located at 11, Main St. and 432/438 Davis dr. 11 Main St. are currently rented, with a rent roll available for review. Additionally, there are two vacant land parcels on Davis Drive available for sale . The properties are situated at a gateway location where art and distinctive urban design features are encouraged, and they are also within the Mobility Hub Area of the Transit Station.

Record

Listing history

Buy/sell history for 432/438 Davis Drive E, Newmarket, ON L3Y 2P2 (Retail)

$3,600,000

For Sale

List: 2025-03-27

N12046549

Contract Date	Last Update	Price	Status	Listing ID
Mar 27, 2025	Nov 9, 2026	$3,600,000	For Sale	N12046549