$1,950,000Asking Price
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.
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.
See MoreRoom | Floor | Dimensions | Details | |
---|---|---|---|---|
1 4-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% |