16756 & 16764 Bayview Avenue, Newmarket, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Central Newmarket. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,900,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 3500-5000 sqft on a premium 196.45 x 310.84 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Draft-plan approved For 70 Residential Units on Five Floors With A GFA of 52,540 Sqft, Approved Under The Official Plan Amendment (June 2024). Easy Access To Major Highways, Southlake Regional Hospital, Pickering College, Go Transit, Recreational Centers and Fairy Lake Park. Near The Future Mulock GO Station and Proposed Major Transit Station Area (MTSA). Potential to get more GFA ( Adjacent application for 507 Mulock Drive is for a 10-Storey Building comprised of 305 Residential units and Retail at Grade Level). Project Includes Underground Parking (Approx. 47,000 Sq. Ft.), Parking Could Be Reduced to One Level. Zoning Provides Ample Space For A Variety Of Development Possibilities. Potential For The Building To Be Developed As A Medical Facility, Rental Building, Or Other Residential/Commercial Uses. 16756 & 16764 Bayview Avenue Must Be Sold Together!
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Key Features
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
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Community Features
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Frequently Asked Questions about 16756 & 16764 Bayview Avenue, Newmarket, ON
Q.What is the asking price for 16756 & 16764 Bayview Avenue, Newmarket, ON ?
The current listing price for 16756 & 16764 Bayview Avenue, Newmarket, ON in Central Newmarket, Newmarket is $3,900,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 4 bathrooms across approximately 3500-5000 sqft.
Q.What property type and architectural style is 16756 & 16764 Bayview Avenue, Newmarket, ON ?
16756 & 16764 Bayview Avenue, Newmarket, ON is a Detached (2-Storey) featuring a Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 9.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 16756 & 16764 Bayview Avenue, Newmarket, ON L3Y 3W9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $3,900,000 in Newmarket, the legal minimum down payment is $780,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $83,975 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $83,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.