Selling

16764 Bayview Avenue, Newmarket, ON L3Y 3W9

$1,950,000

  • Jun 16, 2025
  • Newmarket, Ontario

Description
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 16756 Bayview Ave (N12097111). Could Be Developed As A Rental Building! Strong Demand For Residential And Rental Units In The Area Promises Significant Returns For Investors And Developers.
Overview
MLS ID: N12097107
Type: Detached
Bedrooms: 3
Bathrooms: 2
Square: 1,750 m²
Price: $1,950,000
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Window Unit(s)
Heating: Forced Air
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 5000
PossessionDetails: Immediately
Map
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