$3,900,000Asking Price
This Prime Development Site At 16756 & 16764 Bayview Avenue Offers The Potential For A Five-Storey Apartment Building, With A Total Gross Floor Area Of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). The Site Offers Convenient Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, And Recreational Centers Like Fairy Lake Park. Ideally Located Near The Future Mulock GO Station Hub, Making It A Strong Investment With Potential For Appreciation. The Project Includes Two Floors Of Underground Parking (Approx. 47,000 Sq. Ft.), Parking Requirements Could Be Reduced, Thanks To Its Major Transit Station Area (MTSA) Location. Zoning Provides Ample Space For A Variety Of Development Possibilities. Potential For The Building To Be Developed As A Medical Facility, Rental Building, Or Other Residential/Commercial Uses, Depending On Your Vision For The Project. This Is An Exciting Opportunity To Invest In A Rapidly Growing Area With Multiple Development Options That Ensures Strong Potential Returns For Investors And Developers. 16756 & 16764 Bayview Avenue Must Be Purchased Together.
This Prime Development Site At 16756 & 16764 Bayview Avenue Offers The Potential For A Five-Storey Apartment Building, With A Total Gross Floor Area Of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). The Site Offers Convenient Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, And Recreational Centers Like Fairy Lake Park. Ideally Located Near The Future Mulock GO Station Hub, Making It A Strong Investment With Potential For Appreciation. The Project Includes Two Floors Of Underground Parking (Approx. 47,000 Sq. Ft.), Parking Requirements Could Be Reduced, Thanks To Its Major Transit Station Area (MTSA) Location. Zoning Provides Ample Space For A Variety Of Development Possibilities. Potential For The Building To Be Developed As A Medical Facility, Rental Building, Or Other Residential/Commercial Uses, Depending On Your Vision For The Project. This Is An Exciting Opportunity To Invest In A Rapidly Growing Area With Multiple Development Options That Ensures Strong Potential Returns For Investors And Developers. 16756 & 16764 Bayview Avenue Must Be Purchased Together.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
2 4-Piece Bathrooms | ||||
1 3-Piece Bathroom | ||||
1 2-Piece Bathroom |
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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% |