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Located on the east side of Yonge Street directly across from Upper Canada Mall, and approximately 800 feet north of Davis Drive in the heart of Newmarket, the Property comprises a gross land area of approximately 4.6 acres and is irregular in shape. Zoning is in place for a proposed four-phased mixed use development containing 600 residential units in three mid to high-rise condominium buildings, a 221-suite retirement building and a four-level commercial/retail component fronting on Yonge Street. Total GFA based on approved Zoning is approximately 700,000 SF.