For saleMLS® N12046549

11 Main St (432/438 Davis) E, Newmarket, ON L3Y 3Y1

Central Newmarket, Newmarket · Near Davis & Main St. · View map

$3,600,000
27459Sq ft
Commercial retailType
NoneParking
$14,200/yrTaxes
$3,600,000
FreeholdNo monthly condo fee
Lot 243 x 113 ftThe land comes with the home

About this home

Hello Developers and Investors, excited to bring to your attention a very rare opportunity to own an assembly of lands located within the Urban Centres Secondary Plan. This plan identifies that the subject properties are within the Davis Drive Character Area, which permits a variety of uses including low to mid-rise residential, retail, office, live-work, places of entertainment, and post-secondary facilities. Building heights are permitted to range from 3 to 8 storeys, with densities of 1.5 to 2.0 FSI. Additionally, with bonusing, heights can be increased to 10 storeys.

The home

Type
Commercial retail
Square footage
27459 sq ft
Lot size
243 x 113 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$14,200/yr
Tax year
2024
Occupancy
Owner
Possession
TBA
Cross street
Davis & Main St.
Neighbourhood
Central Newmarket

More

MLS® number
N12046549

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$15,705per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    11 Main St (432/438 Davis) N/A, Newmarket, ON L3Y 3Y1

    Central Newmarket, Newmarket · Near Davis & Main St.

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    Sold history

    Listing history for 11 Main St (432/438 Davis) N/A

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 11 Main St (432/438 Davis) E

    Answers come straight from this home’s MLS® listing.

    How much is 11 Main St (432/438 Davis) E listed for, and what would it cost each month?

    11 Main St (432/438 Davis) E is listed for $3,600,000. With 20% down ($720,000), the mortgage payment would be roughly $14,521 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $15,705 a month, all in. That figure is an illustration, not a quote.

    Is 11 Main St (432/438 Davis) E freehold or a condo, and is there a monthly fee?

    11 Main St (432/438 Davis) E is a commercial retail in Central Newmarket, Newmarket. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 11 Main St (432/438 Davis) E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 11 Main St (432/438 Davis) E?

    11 Main St (432/438 Davis) E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 11 Main St (432/438 Davis) E, and what is the lot size?

    The lot is listed as 243 x 113 ft.

    How is 11 Main St (432/438 Davis) E heated and cooled?

    Cooling is yes.

    What are the property taxes for 11 Main St (432/438 Davis) E?

    Property taxes are $14,200 a year (2024), or about $1,183 a month.

    Where is 11 Main St (432/438 Davis) E?

    11 Main St (432/438 Davis) E is in the Central Newmarket community of Newmarket. The nearest main intersection is Davis & Main St.. The postal code is L3Y 3Y1.

    Is 11 Main St (432/438 Davis) E still for sale?

    Yes. It is an active listing (MLS® N12046549). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 11 Main St (432/438 Davis) E asking?

    Similar properties for sale nearby right now include 505 Queen Street at $3,799,000, 443 Timothy Street at $2,950,000 and 74 Main Street S at $2,580,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 11 Main St (432/438 Davis) N/A sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 11 Main St (432/438 Davis) E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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