Prime development opportunity in the heart of Newmarket, just 2 minutes from Davis Drive and close to Newmarket General Hospital. This 18,794 sq ft site at 650-654 Srigley Street offers over 20 lots with potential for townhomes, affordable rental buildings, and more. Eligible for CMHC financing, it's ideal for generating strong monthly rental income while planning future development. A turnkey investment in a high-demand area with excellent growth potential. (id:60365)
MLS® Number | N12476387 |
Property Type | Multi-family |
Community Name | Gorham-College Manor |
Features | Irregular Lot Size |
CoolingType | None |
SizeInterior | 18794 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
Sewer | Sanitary Sewer |
SizeDepth | 148 Ft |
SizeFrontage | 64 Ft |
SizeIrregular | 64 X 148 Ft ; 650 - 45.37 X 140.8 654 - 64 X 148 |
SizeTotalText | 64 X 148 Ft ; 650 - 45.37 X 140.8 654 - 64 X 148 |
ZoningDescription | R2 |
Ray Rezapoor
Broker