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$ 988,000
Est. payment | /mo
3 Beds
2 Baths
$ 988,000
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Single Family Home, freehold, residential
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Gorham-College Manor
MLS Listing ID N13698478
Style 2-Storey
Bedrooms 3
Annual Tax Amount $4,944
Tax Year 2026
Property Sub-Type Detached
Property Description
ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare Opportunity to Acquire a 100' X 100' Property in the Heart of Newmarket with an Approved 3-Lot Severance, Creating Three Approximately 33' X 100' Lots and Offering the Opportunity to Build Three Detached Homes Side-By-Side in an Established Residential Neighbourhood. Consent and Minor Variance Applications Have Been Approved, With Each Proposed Lot Permitting a Single-Family Home with Provision for One Accessory Dwelling Unit with A Separate Entrance. The Property Is Currently Improved with an Existing Home, Offering the Flexibility to Renovate qnd Retain the Existing Dwelling or Pursue the Approved Redevelopment Opportunity. R1-D Zoning, With Up To 35% Lot Coverage And 8.5m Maximum Building Height, Provides an Attractive Development Framework. Potential Development Charge Credit of May Be Available in Connection with Redevelopment, Subject to Municipal Confirmation and Applicable Conditions. An Approved Two-Lot Configuration of Approximately 50' X 100' Each Is Also Available, Providing Flexibility for Different Development Strategies. Located In a Well-Established and Highly Desirable Newmarket Neighbourhood, Close to Main Street, Newmarket GO Station, Schools, Southlake Hospital and Fairy Lake. Survey, Deposited Reference Plan and Legal Descriptions Available Upon Request. Existing Dwelling and All Contents Are Being Sold As-Is, Where-Is. A Rare Opportunity to Acquire a Development-Ready Site with Multiple Options in an Established Newmarket Location..
Location
Province ON
County York
Area York
Rooms
Family Room No
Basement Partially Finished, Separate Entrance
Kitchen 1
Interior
Interior Features Water Heater
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 100.0
Lot Depth 100.0
Total Parking Spaces 6
Building
Foundation Concrete
Others
ParcelsYN No
Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
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