For SaleCommercial Retail

11 Main St (432/438 Davis) E

$3,600,000
27,459 sqft$131/sq ft503d on market
MLS# N12046549Central Newmarket, Newmarket · L3Y 3Y1
Bedrooms
Size
27,459 sq ft
Parking
None

About This Listing

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.

Monthly Mortgage (P&I)$15,685
Property Tax (MLS)$1,183
Maintenance Fees$0
Total Monthly Cost$16,868

Down payment: $720,000 (20.0%) · Mortgage: $2,880,000

Property tax uses MLS annual tax of $14,200/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberN12046549
Property TypeCommercial Retail
StyleMulti-Use
Listing TypeFor Sale
StatusActive
Size27,459 sq ft
Parking Spaces0
Parking TypeNone
Property Tax$14,200/yr
Days on Market503
Listed2025-03-27
CommunityCentral Newmarket
MunicipalityYork
Cross StreetDavis & Main St.

Listing provided by REMAX YOUR COMMUNITY REALTY

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Data last updated: August 23, 2026 at 12:25 a.m.