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603 Davis Drive, Central Newmarket

Price

$4,000,000

Bedrooms

Not listed

Bathrooms

Not listed

Size

Not listed

Year Built

Not listed

Property Type

Commercial

Property Taxes

$30408.63

Description

The Property is located on the northwest corner of Davis Drive and Bolton Avenue, 600 metres east of the Newmarket GO Station. The property is adjacent to the Newmarket Medical Arts Building & Southlake Regional Health Centre. The Seller has substantially completed development entitlement of the 0.78 acre property for the development of a 96 Unit Assisted Living and Memory Care development with 82,414 sf GFA, and 55underground parking spaces in a single level of U/G parking. Neighboring development applications feature up to 711 new residential units in up to 15 storey bldg with 5.69FSI density.

Property History

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$16,904 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$3,200,000

Total Interest Payments

$1,972,995

Total Payment (Principal + Interest)

$5,172,995

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

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