Great investment in Markham ,This 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. |
Price | $3,100,000 |
Taxes: | $15323.00 |
Address: | 352 Main St N St , Markham, L3P 1Z1, Ontario |
Lot Size: | 60.00 x 165.00 (Feet) |
Directions/Cross Streets: | North Of Hwy 7 ,South Of 16th |
Rooms: | 14 |
Bedrooms: | 4 |
Bedrooms +: | |
Kitchens: | 4 |
Family Room: | N |
Basement: | Finished |
Approximatly Age: | New |
Property Type: | Detached |
Style: | 3-Storey |
Exterior: | Brick, Other |
Garage Type: | None |
(Parking/)Drive: | Other |
Drive Parking Spaces: | 9 |
Pool: | None |
Approximatly Age: | New |
Approximatly Square Footage: | 3500-5000 |
Fireplace/Stove: | N |
Heat Source: | Other |
Heat Type: | Other |
Central Air Conditioning: | Central Air |
Central Vac: | N |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE YOUR COMMUNITY REALTY |
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Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | York |
Municipality: | Markham |
Neighbourhood: | Old Markham Village |
Style: | 3-Storey |
Lot Size: | 60.00 x 165.00(Feet) |
Approximate Age: | New |
Tax: | $15,323 |
Beds: | 4 |
Baths: | 6 |
Fireplace: | N |
Pool: | None |