352 Main St N ST Active Save Request In-Person Tour Request Virtual Tour
Markham,ON L3P 1Z1
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $775
Subdivision Old Markham Village
MLS Listing ID N11240568
Annual Tax Amount $15,323
Tax Year 2024
Property Description
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.
Location
State ON
County York
Community Old Markham Village
Area York
Zoning Commercial/ Residential Rd4/O
Interior
Cooling Yes
Exterior
Community Features Major Highway
Utilities Available Available
Lot Frontage 60.0
Lot Depth 165.0
Building
New Construction true