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$3,100,000
Available - For Sale
Listing ID: N11240568
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: $15,323
Tax Type: Annual
Occupancy by: Partial
Address: 352 Main St N St , Markham, L3P 1Z1, Ontario
Postal Code: L3P 1Z1
Province/State: Ontario
Legal Description: Pt Lt 15 Con 7 Markham
Lot Size: 60 x 165 (Feet)
Directions/Cross Streets: Pt Lt 15 Con 7 Markham
Zoning: Commercial/ Resi
Category: Apartment
Building Percentage: Y
Total Area: 4,000
Total Area Code:  Sq Ft
Office/Appartment Area: 2600
Office/Appartment Area Code: Sq Ft
Industrial Area: 1
Office/Appartment Area Code: Sq Ft
Retail Area: 1400
Retail Area Code: Sq Ft
Area Influences: Major Highway  
Approximatly Age: New
Outside Storage: N
Soil Test: Envirn Audit
Clear Height Feet: 9
Heat Type: Other
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San Avail
Water: Municipal
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ROYAL LEPAGE YOUR COMMUNITY REALTY

352 Main St N St , Markham, L3P 1Z1, Ontario


 
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At a Glance:
Type: Com - Investment
Area: York
Municipality: Markham
Neighbourhood: Old Markham Village
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Lot Size: 60.00 x 165.00(Feet)
Approximate Age: New
Tax: $15,323
Maintenance Fee: $0
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