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11 Main St S
Newmarket, ON L3Y 3Y5
Land For Sale · 0.74 AC

Investment Highlights

  • Located within walking distance of major retail, dining options, and essential community services in downtown Newmarket.
  • Surface parking available on-site, enhancing accessibility for employees and visitors.
  • Convenient access to Highway 404 and regional transportation corridors, providing easy connectivity to Greater Toronto Area markets.

Executive Summary

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. (id:7525)

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Storefront, Retail or Residential
Total Lot Size 0.74 AC
Zoning R - Residential

1 Lot Available

Lot

Price $2,564,833 USD
Price Per AC $3,456,918.91 USD
Lot Size 0.74 AC

Suitabel for 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.

Description

The property is a three-story structure located on Main Street South in Newmarket within the East Gwillimbury/Newmarket submarket. It occupies a corner position at Main Street and Davis Drive, providing vehicular and pedestrian exposure. The area consists of retail, office, and residential uses with ongoing urban redevelopment initiatives. The site is approximately 1 km from the Newmarket GO Station and near major regional roadways, including Highway 404. Local land use plans recognize this location within a growth area targeted for higher-density mixed-use development.

  • Listing ID: 35771897

  • Date on Market: 5/7/2025

  • Last Updated:

  • Address: 11 Main St S, Newmarket, ON L3Y 3Y5

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