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profile

Shawn Priestman

Sales Representative

Personal Phone

(647) 123-4567

Office Phone

(416) 123-4567

Contact via Email
  1. Home
  2. All of my locations
  3. 16756 & 16764 Bayview

16756 & 16764 Bayview Avenue, Central Newmarket

Price

$3,900,000

Bedrooms

Not listed

Bathrooms

Not listed

Size

30278.85 sqft

Year Built

Not listed

Property Type

Commercial

Property Taxes

$10500

Description

Prime Development Site At 16756 & 16764 Bayview Avenue in the heart of Newmarket. Plans for A Five-Storey Apartment Building, With A Total Gross Floor Area Of 52,540 Sqft, have been approved Under The Official Plan Amendment (June 2024). Could also be rezoned for townhomes or medical/office buildings. The Site Offers Convenient Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, And Recreational Centers. Ideally Located Near The Future Mulock GO Station Hub, Making It A Strong Investment. 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). 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.

Property History

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$14,886 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$3,120,000

Total Interest Payments

$1,923,670

Total Payment (Principal + Interest)

$5,043,670


Discuss Your Options With Us Today→

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000


Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000


Get a Professional Home Valuation→
Meet Shawn

Meet Shawn

If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.

Let's Find Your Dream Home Together

Contact Me
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