Newmarket L3Y 3W9

Property

Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Pets: Pets No

Financials

Price:C3,900,000
($2,776,917)
(€2,395,319)
Annual Taxes:C10,500
505 Park Ave, New York, NY 10022

Draft plan approved For 70 Residential Units on Five Floors With A GFA of 52, 540 Sqft, Approved Under The Official Plan Amendment June 2024.

Description

Draft-plan approved For 70 Residential Units on Five Floors With A GFA of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). Easy Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, Recreational Centers and Fairy Lake Park. Near The Future Mulock GO Station and Proposed Major Transit Station Area (MTSA). Potential to get more GFA ( Adjacent application for 507 Mulock Drive is for a 10-Storey Building comprised of 305 Residential units and Retail at Grade Level). Project Includes Underground Parking (Approx. 47,000 Sq. Ft.), Parking Could Be Reduced to One Level. 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. 16756 & 16764 Bayview Avenue Must Be Sold Together!

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.