11 Main St (432/438 Davis) E

Introducing a remarkable opportunity for developers and investors alike: a Multi-Family Home for sale in Newmarket , located at 11 Main St (432/438 Davis) E, Newmarket. This unique property sits within the Central Newmarket community, specifically positioned within the Urban Centres Secondary Plan, which has been designed to enhance the development potential of the area. This plan identifies the subject properties as being part of the Davis Drive Character Area, where a diverse range of uses is permitted.

The building type is a multiplex, and while the specific style is noted as 'Other', the potential for development here is substantial. The area is primed for growth, with opportunities for low to mid-rise residential buildings, retail spaces, offices, live-work environments, entertainment venues, and even post-secondary facilities. The permitted building heights in this area range from 3 to 8 storeys, with the possibility of increasing heights to 10 storeys through bonusing. This makes the Multi-Family Home for sale in Newmarket an enticing proposition for those looking to capitalise on the expanding urban landscape.

Situated on a generous lot measuring 243 X 133 feet, the property at 11 Main St (432/438 Davis) E, Newmarket, offers ample space for development. Although the current structure does not feature any bedrooms, den, or bathrooms, the potential for creating a multi-family dwelling is evident. The absence of a kitchen and additional rooms allows for a blank canvas, where developers can envision and create a tailored living space that meets the needs of future residents.

Parking will not be an issue, as the property includes a detached garage with space for two vehicles, along with an available driveway. However, it is important to note that there are no additional parking spaces provided. The lack of a swimming pool and fireplace may be seen as limitations, yet these features can be added or altered during the development process to enhance the appeal of the future multi-family residence.

The infrastructure in the area is well-established, with municipal water and sewer services readily available. Although there is no central vacuum system and the property is unfurnished, the presence of internet connectivity ensures that future residents will have access to modern conveniences. The heating and air conditioning systems are classified as 'Other', which may require further investigation or upgrades depending on the intended use of the property.

The location of 11 Main St (432/438 Davis) E, Newmarket, is particularly advantageous, as it is situated in a vibrant and developing part of York. The proximity to various amenities, public transport links, and community services makes this Multi-Family Home for sale in Newmarket an attractive option for those looking to invest in a property with significant growth potential.

In summary, the Multi-Family Home for sale in Newmarket at 11 Main St (432/438 Davis) E, Newmarket, represents a rare opportunity for developers and investors to acquire a property within a thriving community. With its strategic location in the Central Newmarket area and the flexibility afforded by the Urban Centres Secondary Plan, this property is poised for transformation. Whether you envision a modern residential complex or a mixed-use development, the possibilities are extensive. Don't miss out on the chance to make your mark in this promising location.

Central Newmarket, nestled within the vibrant town of Newmarket, offers a unique blend of historical charm and modern convenience. This area is renowned for its picturesque streets lined with an array of shops, cafes, and restaurants, providing a lively atmosphere for both residents and visitors alike. The proximity to the famous Newmarket Racecourse adds a touch of excitement, while the well-maintained parks and green spaces offer a tranquil escape from the hustle and bustle. With excellent transport links and a strong sense of community spirit, Central Newmarket is an ideal location for those seeking a dynamic yet welcoming environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within just 0.8 km, you will find Maple Leaf Public School, offering both English and French programs for grades JK to 8, with a solid rating of 3.8. Huron Heights Secondary School, located 1.3 km away, provides a strong academic environment for grades 9 to 12, boasting an impressive rating of 5.8. For those seeking a Catholic education, Canadian Martyrs CES is only 1.2 km from the property, rated 6.6, and offers programs from JK to 8 in English. Additionally, St. Elizabeth Seton CES, situated 2.6 km away, provides French instruction for grades JK to 8, with a commendable rating of 6.7. Newmarket High School, 2.5 km from the property, also offers a French curriculum for grades 9 to 12 and has a high rating of 8. Overall, the area is well-served by a variety of public and Catholic schools, ensuring quality education options for children of all ages.