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Newmarket Development Opportunity 3 Land Properties Offered at $2,917,472 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 | $2,917,472 USD | Number of Properties | 3 |
| Sale Condition | Redevelopment Project | Individually For Sale | 0 |
| Sale Type | Investment | Total Land Area | 0.77 AC |
| Status | Under Contract |
| Price | $2,917,472 USD |
| Sale Condition | Redevelopment Project |
| Sale Type | Investment |
| Status | Under Contract |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Land Area | 0.77 AC |
Properties
| Property Name / Address | Property Type | Size | Individual Price |
|---|---|---|---|
| 603 Davis Dr, Newmarket, ON L3Y 2P7 | Land | 0.30 AC | - |
| 18 Bolton Av, Newmarket, ON L3Y 2X2 | Land | 0.24 AC | - |
| 22 Bolton Av, Newmarket, ON L3Y 2X2 | Land | 0.23 AC | - |
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Newmarket Development Opportunity
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