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$1,950,000Asking Price

16764 Bayview Avenue, Newmarket, ON L3Y 3W9

Central Newmarket, Newmarket

Detached
3
Bedrooms
2
Baths
4
Parking
Days on Market

Residential Development Opportunity On Bayview Avenue In The Heart Of Newmarket! Official Plan Amendment Approved In June 2024 Allows Medium Density Development Of 16756 & 16764 Bayview Avenue Permitting An Apartment Building Up To Five Storeys! Close To All Existing Infrastructure And Public Facilities Including Major Highways, Southlake Regional Hospital, Pickering College, GO Transit, Recreational Centres, And Fairy Lake Park. Zoning By-Law R1-D In Place For Total Gross Floor Area Of 52,540 Sqft. Must Be Purchased Together With 16756 Bayview Ave (N12097111). Could Be Developed As A Rental Building! Strong Demand For Residential And Rental Units In The Area Promises Significant Returns For Investors And Developers.

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Residential Development Opportunity On Bayview Avenue In The Heart Of Newmarket! Official Plan Amendment Approved In June 2024 Allows Medium Density Development Of 16756 & 16764 Bayview Avenue Permitting An Apartment Building Up To Five Storeys! Close To All Existing Infrastructure And Public Facilities Including Major Highways, Southlake Regional Hospital, Pickering College, GO Transit, Recreational Centres, And Fairy Lake Park. Zoning By-Law R1-D In Place For Total Gross Floor Area Of 52,540 Sqft. Must Be Purchased Together With 16756 Bayview Ave (N12097111). Could Be Developed As A Rental Building! Strong Demand For Residential And Rental Units In The Area Promises Significant Returns For Investors And Developers.

Key Info

  • 2-Storey Detached
  • 4-Car Driveway
  • No Garage
  • Bayview Ave & Mulock Dr
  • 1500-2000 Approximate Sq Feet
  • Unfinished Basement
  • 1 Kitchen
  • Forced Air Gas Heating

Property

  • Lot Size 101.43 x 155.42 Feet
  • Brick Exterior
  • Taxes were $5,000 in 2024
  • Possession: Immediately

Details

  • Fireplace
  • No Family Room
  • Septic Tank
  • Municipal Water
  •  
  • MLS #N12097107
  • YORK NATIONAL REALTY INC.

Extras

Room Floor Dimensions Details
Washroom1 4-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%