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Residential Development Opportunity On Bayview Avenue In The Heart Of Newmarket! Official Plan Amendment Approved In June 2024 Allows Medium Density Development Of 16756 & 16764 Bayview Avenue Permitting An Apartment Building Up To Five Storeys! Close To All Existing Infrastructure And Public Facilities Including Major Highways, Southlake Regional Hospital, Pickering College, GO Transit, Recreational Centres, And Fairy Lake Park. Zoning By-Law R1-D In Place For Total Gross Floor Area Of 52,540 Sqft. Must Be Purchased Together With 16764 Bayview Ave (N12097107). Could Be Developed As A Rental Building! Strong Demand For Residential And Rental Units In The Area Promises Significant Returns For Investors And Developers.
City: Newmarket
Neighborhood: Central Newmarket
Purchase Price | $1950000 |
Down Payment | $390000 |
Mortgage Insurance | $0 |
Total Mortgage | $1560000 |
Mortgage Payment | $9613 |
Property Taxes | $458 |
Maintenance Fees | $0 |
Monthly Payment | $10071 |
Located at 16756 Bayview Ave , this Newmarket house is available for sale. This property was listed for $1,950,000 on Wed Apr 23 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 5 parking spots. 16756 Bayview Ave, Newmarket is situated in the Central Newmarket neighbourhood.
MLS#: N12097111 · $1,950,000 · 3 bedroom house in Central Newmarket, Newmarket