For Sale
11 Main St (432/438 Davis) N/A E
Central Newmarket, Newmarket, ON
$3,600,000
0Bd
0Ba
—sqft
243 x 113 ftlot
CommercialMLS# N12046549Listed 2025-03-27401 DOM
On the market for 401 days — longer than average. The seller may be open to negotiation.
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.
Features
- Yes
Financials
Annual Taxes
$14,200
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield0.8% – 2.7%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Newmarket
Days on market401 days
Buyer's MarketSeller's Market
Based on active listings in Newmarket. Data updates daily.
Demographics — Newmarket
Population
87,942
Avg Household Income
$118,000
Age Distribution
0-19
22%
20-34
17%
35-49
20%
50-64
22%
65+
19%
Ownership76% own · 24% rent
EnglishFrenchFarsiRussianMandarin
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
54
/ 100
Walk Score
Somewhat Walkable
43
/ 100
Transit Score
Some Transit
42
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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