Residential Development Opportunity On Bayview Avenue In The Heart Of Newmarket! Official Plan Amendment Approved In June 2024 Allows Medium Density Development Of 16756 & 16764 Bayview Avenue Permitting An Apartment Building Up To Five Storeys! Close To All Existing Infrastructure And Public Facilities Including Major Highways, Southlake Regional Hospital, Pickering College, GO Transit, Recreational Centres, And Fairy Lake Park. Zoning By-Law R1-D In Place For Total Gross Floor Area Of 52,540 Sqft. Must Be Purchased Together With 16764 Bayview Ave (N12097107). Could Be Developed As A Rental Building! Strong Demand For Residential And Rental Units In The Area Promises Significant Returns For Investors And Developers.
Address
16756 Bayview Avenue
List Price
$1,950,000
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Area
Newmarket
Sub-Area
Central Newmarket
County
York
Bedrooms
3
Bathrooms
2
Floor Area
1500 - 2000 Sq. Ft.
Lot Depth
155.42
Lot Size Units
Feet
Lot Width
95.02
MLS® Number
N12097111
Listing Brokerage
YORK NATIONAL REALTY INC.
Basement Area
Partially Finished
Postal Code
L3Y 3W9
Parking
Private
Parking Places (Total)
5
Tax Amount
$5,500.00
Tax Year
2024
Interior Features
None
Property Features
Hospital, Park, Public Transit, Rec./Commun.Centre, School, Golf
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
Yes
Foundation Details
Unknown
Garage Type
Built-In
Kitchens Total
1
Pool Features
None
Roof
Unknown
Sewer
Sewer