Space
Finished area and layout
- Building Area
- 1.1 ac
Contact for price
1038 Jacarandah
Newmarket (Huron Heights-Leslie Valley), Ontario, L3Y 3G8
mixed use·sale·Tax $10,833.54/yr
1.1 ac
Building Area
1.1 ac
Lot
Property Snapshot
Key details for this listing
MLS #N12918188
Property
Type, style and structure
- Type
- commercial
- Style
- land / Mixed Use
Lot
Land, frontage and setting
- Lot
- 1.1 ac
- Frontage
- 140.33 ft
About This Property
This land in Newmarket offers 1.1 ac of building area on a 1.1 ac lot. The property has cross street Leslie/Green Lane E, zoned ICBL, R1-D.
MLS Remarks
Power of Sale opportunity. Exceptional opportunity to acquire a residential development site in the heart of Newmarket. Draft plan approved for a 23-unit low-rise project (20 semi-detached and 3 detached homes) with 46,091 SF GFA. Can be converted to rentals using ARU Bylaws, with the potential for 51 units. Zoning By-law Amendment approved and Draft Plan of Subdivision approved subject to conditions. Situated within an established low-density neighbourhood with limited remaining development parcels. Ideally located just minutes to Newmarket GO, East Gwillimbury GO, and the Hwy 404/Davis Dr. interchange, offering excellent commuter access. For a limited time, Vendor is offering to cover Land Transfer Tax and provide a 70% VTB to qualified purchasers, including 0% interest in year one. Full address: 1038-1040 Jacarandah Drive.
Listing History
MLS# N12918188| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 25, 2026 | Listed For Sale | N12918188 | $6,250,000 | — |
MLS data tracked by our system. Earlier records or land registry transfers may not be shown.
Full Listing Details
Address1038 Jacarandah Drive, Newmarket, ON L3Y 3G8
MLS#N12918188
Listing StatusExpired
Property TypeCommercial
Sub-TypeLand
TransactionSale
List DateMar 25, 2026
Days on Market22
Annual Tax$10,834 (2025)
Possession Date2026-05-01
Possession DetailsFlexible
Power of SaleYes
StyleMixed Use
CityNewmarket
NeighbourhoodHuron Heights-Leslie Valley
ProvinceOntario
Postal CodeL3Y 3G8
CountyYork
Cross StreetLeslie/Green Lane E
Lot Size1.1 ac
Lot ShapeRectangular
Frontage140.33 ft
Lot Depth354 ft
ZoningICBL, R1-D
UtilitiesYes
SewerSanitary+Storm
WaterMunicipal
Annual Tax$10,834 (2025)
Business TypeResidential
Hours of Operation[]
West of Leslie, South of Greenlane
Roll Number194804015600102
Legal DescriptionPART LOT 3, CONCESSION 2, EAST GWILLIMBURY, PART 1, PLAN 65R-39925 TOWN OF NEWMARKET
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