352 Main St N Street Markham (Old Markham Village), Ontario L3P 1Z1
$3,100,000
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. **** EXTRAS **** 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. (id:35492)
Property Details
| MLS® Number | N11240568 |
| Property Type | Multi-family |
| Community Name | Old Markham Village |
| Amenities Near By | Highway |
| Parking Space Total | 9 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Type | Other |
| Size Interior | 4,000 Ft2 |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 165 Ft |
| Size Frontage | 60 Ft |
| Size Irregular | 60 X 165 Ft |
| Size Total Text | 60 X 165 Ft |
| Zoning Description | Commercial/ Residential Rd4/o |
Contact Us
Contact us for more information
Amir Jafari
Salesperson
187 King Street East
Toronto, Ontario M5A 1J5
(416) 637-8000
(416) 361-9969
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
November 27 2024 08:50:53
Toronto Regional Real Estate Board
Royal LePage Your Community Realty