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Royal LePage
Royal LePage
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$2,590,000

Newmarket ON, L3Y 1W9

MLS® # N12476387

Property Information:

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:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 18794 sqft
  • Heating Type: Other
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Features: Irregular lot size
  • Floor Space (approx): 18794 Square Feet
  • Irregular: Yes
  • Lot Depth: 148.0 Feet
  • Lot Frontage: 64.0 Feet
  • Lot Size: 64 x 148 FT ; 650 - 45.37 x 140.8 654 - 64 x 148
  • Zoning: R2
  • Sewer: Sanitary sewer

Courtesy of: RE/MAX PREMIER INC.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 650-654 SRIGLEY STREET, Newmarket, Ontario, L3Y 1W9

Demographic Information of 650-654 SRIGLEY STREET, Newmarket, Ontario, L3Y 1W9

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$124,063.50

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.52 %

High school certificate or equivalent

25.15 %

Apprenticeship trade certificate/diploma

5.75 %

College/non-university certificate

26.18 %

University certificate (below bachelor)

0.54 %

University Degree

26.85 %

Commuter

Travel To Work

By Car

83.1 %

By Public Transit

1.77 %

By Walking

5.46 %

By Bicycle

1.77 %

By Other Methods

7.9 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

24.06 %

Houses

75.94 %

Own Vs. Rent

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