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1029 Davis Dr - 1015-1029 Davis Dr. - 22 Hamilton Dr 1.77 Acres of Residential Land Offered at $10,480,000 CAD in Newmarket, ON L3Y 2R8

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INVESTMENT HIGHLIGHTS

  • Heavy commercialized area
  • Retail amenities nearby
  • High exposure location

EXECUTIVE SUMMARY

Exceptional development opportunity on a corner lot with zoning approval for 24 townhouse units and 4 semi-detached units on a private condominium road. Each with a built-in single-car garage. Unit sizes range from 1700 Sq. Ft. to 2500 Sq.Ft. Site plan approval is near completion. The lot is approximately a 5-minute drive to Newmarket GO Station. Proximity to trails, parks, and other amenities such as dining, entertainment, and recreation facilities. Highway 404 is roughly 6 km to the property. Southlake Regional Health Centre is less than 2 km away.
UNITS: 24 Townhouses and 4 Semi-Detached
LOT SIZE: 1.77 Acres

PROPERTY FACTS

Price $10,480,000 CAD
Sale Type Investment
Sale Conditions
Assemblage
  • Build to Suit
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Hold For Development
  • Hold For Investment
  • Master Planned Community
  • Planned Unit Development
  • Single Family Development
Total Lot Size 1.77 AC
Zoning Residential Land Use - Exceptional development opportunity on a corner lot with zoning approval for 24 townhouse units and 4 semi-detached units on a private condominium roa

1 LOT AVAILABLE

Lot

Price $10,480,000 CAD
Price Per AC $5,920,903.95 CAD
Lot Size 1.77 AC

Exceptional development opportunity on a corner lot with zoning approval for 24 townhouse units and 4 semi-detached units on a private condominium road. Each with a built-in single-car garage. Unit sizes range from 1700 Sq. Ft. to 2500 Sq.Ft.

DESCRIPTION

Exceptional development opportunity on a corner lot with zoning approval for 24 townhouse units and 4 semi-detached units on a private condominium road. Each with a built-in single-car garage. Unit sizes range from 1700 Sq. Ft. to 2500 Sq.Ft. Site plan approval is near completion. The lot is approximately a 5-minute drive to Newmarket GO Station. Proximity to trails, parks, and other amenities such as dining, entertainment, and recreation facilities. Highway 404 is roughly 6 km to the property. Southlake Regional Health Centre is less than 2 km away. UNITS: 24 Townhouses and 4 Semi-Detached LOT SIZE: 1.77 Acres For more information, please contact Amir-Reza Bagher-Zadeh at 905.399.9787

Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 30288415

  • Date on Market: 2023-12-05

  • Last Updated:

  • Address: 1029 Davis Dr, Newmarket, ON L3Y 2R8

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