December 5, 2024  

$3,100,000

For Sale
 
MLS® No:
N11240568
Intersection:
Pt Lt 15 Con 7 Markham
Community:
Old Markham Village
Address:
352 Main St N St, Markham, Ontario, Canada, L3P 1Z1
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo
  • N11240568 photo

Features

Property Type:
Investment
Land Size:
60 X 165Feet
Approximate Square Footage:
4000Sq Ft
Office Area:
2600Sq Ft
Industrial Area:
1Sq Ft
Approximate Age:
New
Clear Height:
9'
Possession:
TBA /Flexible
Annual Property Taxes (estimate):
$15,323 / 2024 Tax Year Annual
Basement:
Y
Garage Type:
Outside/Surface
#Parkings:
9
Heat Type:
Other
Amps:
400
Outside Storage:
N
Central AC:
Y
Zoning:
Commercial/ Residential Rd4/O
This newly built, 3-storey residential/commercial building presents a rare and valuable investment opportunity. The property features six fully leased residential apartments and two leased commercial units on the main floor, making it a reliable income-generating asset. The commercial spaces (Fully leased) are ideal for professional offices, medical practices, beauty services, or a variety of other business uses, and include wheelchair ramp access for convenience. The property also boasts a spacious paved driveway with ample parking available at the rear, as well as an EV charger. Additionally, there is a large finished basement with high ceilings, windows, and two separate entrances, offering further potential . Located in a prime area near shopping malls, restaurants, the GO station, and major highways, this property is perfectly positioned for long-term value. With a solid 5. 3% CAP Rate, it offers an excellent return on investment in a rapidly growing community.
6 sets of stainless steel fridge, stove, b/i dishwasher, washer & dryer, exhaust fans. All electrical light fixtures, 7 a/c units, hrv/air handling units. Separate hydro meters for each apartment, commercials units & hallway area.
Listing Contracted With: Royal Lepage Your Community Realty, Brokerage (Independently Owned & Operated)
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
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Adnan HashmiBroker of RecordDirect: (647)885-6364Bus: (905)796-1127

*We do not represent the builder. We represent you.

Wolf Realty Inc., Brokerage, Independently Owned & Operated