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This Prime Development Site At 16756 & 16764 Bayview Avenue Offers The Potential For A Five-Storey Apartment Building, With A Total Gross Floor Area Of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). The Site Offers Convenient Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, And Recreational Centers Like Fairy Lake Park. Ideally Located Near The Future Mulock GO Station Hub, Making It A Strong Investment With Potential For Appreciation. 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) Location. 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.
City: Newmarket
Neighborhood: Central Newmarket
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Jul 21, 2025 | 28 | $3,900,000 | N/A | New | N12301988 |
Purchase Price | $3900000 |
Down Payment | $780000 |
Mortgage Insurance | $0 |
Total Mortgage | $3120000 |
Mortgage Payment | $19226 |
Property Taxes | $875 |
Maintenance Fees | $0 |
Monthly Payment | $20101 |
Located at 16756 & 16764 Bayview Ave , this Newmarket house is available for sale. This property was listed for $3,900,000 on Wed Jul 23 2025. This house's size is 3500-5000 Sqft. It has 6 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 9 parking spots. 16756 & 16764 Bayview Ave, Newmarket is situated in the Central Newmarket neighbourhood.
MLS#: N12301989 · $3,900,000 · 6 bedroom house in Central Newmarket, Newmarket