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$1,988,800

432/438 Davis Dr E

Newmarket, ON L3Y 2P2

432/438 Davis Dr E, Newmarket — Listed at $1,988,800 Commercial Retail. MLS® N12046549.

Possession · seller's timeline

Flexible

Other
Commercial Retail
$14,200Taxes/yr · 2024
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Description

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.

Property Details

Property TypeCommercial Retail
CommunityCentral Newmarket
Kitchens0
Lot Dimensions243 × 113 ft
Dir/Cross StDavis & Main St.
Garage TypeNone
Heating TypeOther
A/CYes
SewersSanitary
Taxes (2024)$14,200
HSTIncluded In
SecurityNo
Listed Date3/27/2025
Days on Market595 days
PossessionTBA

Business Details

Property Sub-TypeCommercial Retail
Business TypeOther
Property UseMulti-Use
Occupant TypeOwner
FranchiseNo
Chattels IncludedNo
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession TypeFlexible
Listing Expires9/30/2027
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: REMAX YOUR COMMUNITY REALTY

MLS® #N12046549

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Newmarket Real Estate

This Commercial Retail is located in the Central Newmarket community in Newmarket. Newmarket is York Region's northern anchor, offering an award-winning historic Main Street, the Upper Canada Mall, and strong community amenities. The East Gwillimbury GO station expansion is improving transit access. Buyers find good value in newer subdivisions while the downtown core retains small-town charm with restaurants and boutiques.

Historic Main Street shopping districtUpper Canada MallFairy Lake Park & trailsGO Transit expansion underway
~55 min commute to downtown TorontoWalkability: Walkable Main Street — car-dependent subdivisions
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