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Newmarket Development Opportunity 3 Properties Offered at $4,151,384 in Newmarket, ON
INVESTMENT HIGHLIGHTS
- High exposure location
- Access to public transit and highway
- Heavy commercialized area
EXECUTIVE SUMMARY
603 Davis Drive and 18 & 22 Bolton Ave, Newmarket, ON | Centrally located Redevelopment opportunity for Seniors Residences or Residential Condo/Apartment | Property entitlements substantially complete for a six-storey seniors' residence with 96 units and a total gross floor area of 82,414 SF | Buyer can assume approvals or pursue alternative development options | Located in central Newmarket, directly adjacent to the Southlake Regional Health Centre and Medical Arts Building and a short walk from Newmarket GO station and the historic downtown Newmarket.
PROPERTY FACTS
| Price | $4,151,384 USD | Number of Properties | 3 |
| Price / SF | $1,354 USD / SF | Individually For Sale | 0 |
| Sale Condition | Redevelopment Project | Total Building Size | 3,065 SF |
| Sale Type | Investment | Total Land Area | 0.80 AC |
| Status | Active |
| Price | $4,151,384 USD |
| Price / SF | $1,354 USD / SF |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 3,065 SF |
| Total Land Area | 0.80 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 603 Davis Dr, Newmarket, ON L3Y 2P7 | Land | 0.12 AC | - | - |
| 22 Bolton Av, Newmarket, ON L3Y 2X2 | Land | 0.12 AC | - | - |
| 18 Bolton Ave, Newmarket, ON L3Y 2R2 | Office | 3,065 SF | 1880 | - |
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CONTACTS
-
Rene Serin -
Daniel Rogers -
Jeff Lever -
Reilly Hayhurst -
Mike Murray -
Cushman & Wakefield
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Newmarket Development Opportunity
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