Sales Representative
Price
$6,408,000
Bedrooms
Not listed
Bathrooms
Not listed
Size
1.77 sqft
Year Built
Not listed
Property Type
Commercial
Property Taxes
$25746.28
Prime Development Opportunity in the Heart of Newmarket! An exceptional chance to build in one of Newmarket's most sought-after locations! This draft plan approved 1.77-acre site offers the opportunity to develop 28 residential units - including 24 stylish townhomes and 4 semi-detached homes - all thoughtfully designed to complement the surrounding community. Featuring high-visibility frontage on Davis Drive and nestled within a well-established neighbourhood, this site offers the perfect blend of convenience and lifestyle. Proposed designs showcase modern, spacious layouts from approximately 1,900 to 2,700+ sq.ft., with options for rooftop terraces to suit today's urban living. Enjoy a central location just minutes from Southlake Regional Health Centre, the GO Station, Highway 404, schools, parks, and major shopping - including the new Costco. This is a rare infill opportunity in one of York Region's fastest-growing communities - the perfect project for developers and investors looking to make a mark in Newmarket's thriving real estate market!
Access detailed sale and tax history information
Total Monthly Payment
$25,166 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$5,126,400
Total Interest Payments
$3,160,738
Total Payment (Principal + Interest)
$8,287,138
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.
