This Prime Development Site At 16756 & 16764 Bayview Avenue Offers The Potential For A Five-Storey Apartment Building, With A Total Gross Floor Area Of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). The Site Offers Convenient Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, And Recreational Centers Like Fairy Lake Park. Ideally Located Near The Future Mulock GO Station Hub, Making It A Strong Investment With Potential For Appreciation. The Project Includes Two Floors Of Underground Parking (Approx. 47,000 Sq. Ft.), Parking Requirements Could Be Reduced, Thanks To Its Major Transit Station Area (MTSA) Location. Zoning Provides Ample Space For A Variety Of Development Possibilities. Potential For The Building To Be Developed As A Medical Facility, Rental Building, Or Other Residential/Commercial Uses, Depending On Your Vision For The Project. This Is An Exciting Opportunity To Invest In A Rapidly Growing Area With Multiple Development Options That Ensures Strong Potential Returns For Investors And Developers. 16756 & 16764 Bayview Avenue Must Be Purchased Together.
Address
16756 & 16764 Bayview Avenue
List Price
$3,900,000
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
sale
Area
Newmarket
Sub-Area
Central Newmarket
Region
York
Bedrooms
6
Bathrooms
4
Floor Area
3500 - 5000 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
310.84
Lot Size Units
Feet
Lot Width
196.45
MLS® Number
N12301989
Listing Brokerage
YORK NATIONAL REALTY INC.
Basement Area
Partially Finished
Postal Code
L3Y 3W9
Parking
Private
Parking Places (Total)
9
Tax Amount
$10,500.00
Tax Year
2024
Interior Features
None
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
Yes
Foundation Details
Unknown
Garage Type
Detached
Kitchens Total
2
Pool Features
None
Roof
Unknown
Waterfront
No
Sewer
Sewer