17867 Yonge St
Newmarket, L3Y8Z3
For Sale
$4,995,000
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Office
CATEGORY0.66 Acres
TOTAL AREAN8227592
MLSIDContact Us
Property Description
An absolute investment and Development opportunity at a prominent 28,800 sqft site in a fast-growing Newmarket with the exceptional 180-foot-wide prestigious Yonge St visibility, on multiple bus routes, and fast access to Highway 400 and 404 via Davis Dr and Green Ln. The land is already zoned for Mixed-use(commercial and Residential) along Newmarket's Main Commercial Corridor. The existing building was upgraded extensively up to the button just a year ago with plenty of parking spots on a new paved surface. Experience a positive cash flow if you are thinking of renting this unique location to a Car dealership, Daycare, Clinic, or any retail business while you await your final permits and approvals to significantly intensify the site for its highest and best use. The LRT/Rapid Transit configuration and modern urbanizing on Yonge St is under construction to raise the value of this golden opportunity onto the moon.
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Property Details
Category
Office
Usage
Professional Office
Zoning
Mixed Use 1
Total Area
0.66 Acres
Lot Size
180' x 160'
Taxes
$5,586 (2023)
Air Conditioning
Yes
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Listing contracted with Sutton Group-Admiral Realty Inc.
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