Sales Representative
Price
$8,500,000
Bedrooms
Not listed
Bathrooms
Not listed
Size
1.77 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
$26455.22
This draft plan approved 1.77-acre site offers a rare opportunity to develop 28 residential units-24 townhomes and 4 semi-detached homes in the heart of Newmarket. Featuring high visibility Davis Drive frontage and nestled within a well-established neighbourhood, this site is ideally positioned for success. Proposed designs feature modern layouts ranging from 1, 900 to 2,700 + sq.ft, with options for rooftop gardens, aligning perfectly with today's lifestyle demands. Located just minutes from South lake Hospital, the Go station, Highway 404, schools, recreational facilities, and shopping centres-including distance to the new Costco. This development delivers both convenience and strong market appeal. A viable, high demand infill project in one of York Region's fastest-growing communities.
Access detailed sale and tax history information
Total Monthly Payment
$32,740 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$6,800,000
Total Interest Payments
$4,192,614
Total Payment (Principal + Interest)
$10,992,614
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000
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.
