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$588,688
Available - For Sale
Listing ID: N12043953
Level up your portfolio with this rare retail unit at the iconic Commerce Gate Plaza! Benefit from steady rental income from a long-term tenant operating a thriving bubble tea business. The unit faces the parking lot, offering plenty of foot traffic, and includes a washroom facility. With high-density residential and business surroundings, plus easy access to Highways 404 and 407, Commerce Gate is a popular destination for foodies! AAA Tenant Pays Rent + TMI + All Utilities. Minimal Management Required. Lease Terms to Be Negotiated Upon Conditional Offer, Tenant to pay $80 per sq ft.
Price $588,688
Taxes: $2,350
Tax Type: Annual
Monthly Condo Fee: $560
Occupancy by: Tenant
Address: 505 Highway 7 N/A East , Markham, L3T 7T1, York
Postal Code: L3T 7T1
Province/State: York
Legal Description: YORK REGION CONDO PLAN 892 LEVEL 1 UNIT
Directions/Cross Streets: Highway 7 & Leslie
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Category: Retail
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 364
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 10
Employees #: 4
Seats: 0
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
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.
CENTURY 21 ATRIA REALTY INC.

505 Highway 7 N/A East , Markham, L3T 7T1, York


 
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At a Glance:
Type: Com - Commercial Retail
Area: York
Municipality: Markham
Neighbourhood: Commerce Valley
Style:
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Tax: $2,350
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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