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$1
Available - For Sale
Listing ID: N12007353
Calling local & foreign investors! Commercial properties NOT subject to Foreign Buyer Ban *Rare chance of owning prime condo commercial units and enjoying passive income from anchor tenant (popular restaurant) inside well known, well-patronized indoor mall (New Century Plaza) *Plaza conveniently located at Scarborough/Markham boundaries (Warden/Steeles) with walking distance to TTC *Units strategically located inside mall with separate entrances from mall and street level parking lot* 7 units combined for ~17,545 sf, the only units with exclusive use as Chinese dim sum style restaurant in whole plaza *Unbelievably low condo fee (only $1,963.11/mo) for all 7 units combined *Established 5-Star tenant with long lease *Excellent return on investment *Lots of walk-in traffic to the mall well served by ~128 commercial/retail units with a wide variety of businesses : restaurants (dim sum/Chinese cuisine, vegetarian), hair salon, florist, spa, health & beauty, travel agency, doctor, dept store & other retails *Lots of free street level & covered/open visitor parking on 2/F & 3/F *Mins To Hwy 404/401/7 *Walk to TTC on Steeles *Notable neighbors include : IBM, TnT supermarket *~280 covered/open parking spaces negotiable *Great investment opportunity and return on investment -- dont miss ! Limited time offer : VTB up to 50% for 5 years for qualified buyers
Price $1
Taxes: $49,264
Tax Type: Annual
Occupancy by: Tenant
Address: 398 Ferrier St , Unit 115-1, Markham, L3R 2Z5, Ontario
Apt/Unit: 115-1
Postal Code: L3R 2Z5
Province/State: Ontario
Directions/Cross Streets: Warden/Steeles
Zoning: commercial / ret
Category: Commercial Condo
Use: Hospitality/Food Related
Building Percentage: N
Total Area: 17,545
Total Area Code:  Sq Ft
Retail Area: 17545
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Sprinklers: Y
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MARKHAM CENTRE REALTY INC.

398 Ferrier St , Unit 115-1, Markham, L3R 2Z5, Ontario


 
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Type: Com - Commercial/Retail
Area: York
Municipality: Markham
Neighbourhood: Milliken Mills West
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Tax: $49,264
Maintenance Fee: $0
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