11/13 Main St E

Newmarket | Central Newmarket | L3Y 3Y1
  • 0
  • 0
  • 0

Ask: $5,888,800 $5,388,800

Est. Mtg $18,272 /mo
  • Days on market

    308

  • Status

    Ext

Listing Broker ROYAL LEPAGE YOUR COMMUNITY REALTY
Since listed: 2 views

Home details

MLS #:

N7330886

Property type:
Multiplex
Style:
Other
Taxes:
$12,000
Possession:
TBA
Lot Front:
130.0   Feet
Lot Depth:
133.0   Feet
Basement:
Other |
Driveway Pkg:
0
Heat:
Other | Other

Description


11/13 Main St E, , Newmarket, Ontario is a Multiplex property in Newmarket and in the Central Newmarket community in the L3Y 3Y1 postal code


Attention Developers/Investors Very Rare Opportunity To Own An Assembly Of Lands Located Within The Urban Centres Secondary Plan. This Plan Identifies That The Subject Properties Are Located Within The Davis Drive Character Area. Subject Lands Permits Low To Mid-rise Residential, Retail, Office, Live-work, Places Of Entertainment And Post Secondary Facilities. Building Heights Permitted From 3 To 8 Storeys With Densities Of 1.5 To 2.0 FSI. With Bonusing, Heights Can Be Increased To 10 Storeys. Units Consist Of 7 Properties. 11/13/15/21 Main St And 432/438 Davis Dr. All Main St. Properties Are Rented. Rent Roll Available. Two Parcels On Davis Are Vacant Land..

Extras

Total Rent Created $17,391 Per Month. The Properties Are Located At A Gateway Location Where Art And Distinctive Urban Design Features Are Encouraged. The Lands Are Also Within The Mobility Hub Area Of The Transit Station..


History

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List Date End Date List Price End Price Status MLS #
2023-11 2024-08 $5,888,800 $5,388,800 Ext N7330886
2024-08 $5,888,800 $5,388,800 N7339704

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Newmarket :

Average sale price

$1,198,118

Properties sold

97

New Listings

216

Days on Market

9

Sale $ / List $

107%

Year on Year Growth

4.35%



Estimated running costs for 11/13 Main St E

Based on available 3rd party data

$19407

Approximate costs per month

Mortgage
$18272 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1000 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker ROYAL LEPAGE YOUR COMMUNITY REALTY
Data Source: TRREB

Payment calculator

$19272 monthly. In association with: TD Bank
%
  • Principal and Interest
    18272 /mo
  • Property Taxes
    $1000 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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