66 UNIT RETIREMENT HOME -4 Storey- www.RetirementHomeForSale.ca Asking $1,199,000 Attention Associations, Church Groups, Ethnic communities! This APPROVED piece of land is $1,199,000 located at 17200 Leslie Street in Newmarket across from a new Plaza just south of Davis Drive. The developers have this site approved for a 4 story, 66 unit assisted living facility. That means it can be either a retirement home or nursing home. Very Rare Opportunity not to be missed. The feasibility studies indicate that the average unit rental in high demand in the geographic area is in excess of $3000 per unit projected income. That equals over $2,300,000 annual gross income. The estimated cost to construct such a dwelling will be in the range of $9-11 million depending on many variables, however you are free to build it yourself. The Developer will BUILD TO SUIT for the appropriate interested party. MLS# N1803547.