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$3,900,000Asking Price

16756 & 16764 Bayview Avenue, Newmarket, ON L3Y 3W9

Central Newmarket, Newmarket

Detached
6
Bedrooms
4
Baths
9
Parking
Days on Market

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.

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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.

Key Info

  • 2-Storey Detached
  • 8-Car Driveway
  • 1-Car Detached Garage
  • W of Bayview Ave and N of Mulock Dr
  • 3500-5000 Approximate Sq Feet
  • 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 196.45 x 310.84 Feet
  • Brick Exterior
  • Taxes were $10,500 in 2024
  • Possession: Immediately

Details

  • Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #N12301989
  • YORK NATIONAL REALTY INC.

Extras

Room Floor Dimensions Details
Washroom2 4-Piece Bathrooms
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom

Who lives here?

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.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Newmarket  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

49% of residents are
single and loving it.

49% singles

Newmarket (42%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

36% of residents
are renters.

36% renters

Newmarket (21%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

30% of residents are
university grads.

30% university grads

Newmarket (37%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$103K

is the average household
income in the neighbourhood.

Newmarket  ($137K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 15%
Business 10%
Trades 9%
Government 8%
Management 6%

Immigrants

20% of residents were
born outside of Canada.

20% immigrants

Newmarket (30%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.0% of immigrants.
Iran 2.0%
Caribbean 1.2%
Philippines 1.0%
China 0.8%

3.0% from UK
All-time

Birthplace - Recent

Iran was once home to 0.8% of immigrants.
China 0.4%
South Korea 0.3%
Syria 0.3%
UK 0.2%

0.8% from Iran
Recent

Foreign Languages

Foreign Languages

Persian 2%
French 1%
German 1%
Russian 1%
Italian 1%

Religions

Religions

Christian 62%
Hindu 1%
Jewish 1%
Muslim 1%
Buddhist 1%