$3,600,000Asking Price
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.
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.
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Central Newmarket, Newmarket is a north GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79.
Kids Per Family
1.0
kids per family
in the neighbourhood.
49%
of residents are
single and loving it.
49% singles
Newmarket (42%)
36%
of residents
are renters.
36% renters
Newmarket (21%)
30%
of residents are
university grads.
30% university grads
Newmarket (37%)Average Household Income
$103K
is the average household
income in the neighbourhood.
Professions
Sales | 15% |
Business | 10% |
Trades | 9% |
Government | 8% |
Management | 6% |
20%
of residents were
born outside of Canada.
20% immigrants
Newmarket (30%)3.0% from UK
All-time
0.8% from Iran
Recent
Foreign Languages
Persian | 2% |
French | 1% |
German | 1% |
Russian | 1% |
Italian | 1% |
Religions
Christian | 62% |
Hindu | 1% |
Jewish | 1% |
Muslim | 1% |
Buddhist | 1% |